COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Jul. 30, 2023

COMMITMENTS AND CONTINGENCIES

Reconciliation of the Changes in Warranty Liability and Unearned Premiums

A reconciliation of the changes in the warranty liability and unearned premiums was as follows in millions of dollars:

	Three Months Ended				Nine Months Ended
	July 30		July 31		July 30		July 31
	2023		2022		2023		2022
Beginning of period balance	$	2,511	$	2,095	$	2,293	$	2,086
Payments		(314)		(240)		(851)		(657)
Amortization of premiums received		(75)		(70)		(221)		(200)
Accruals for warranties		363		358		1,010		762
Premiums received		123		103		338		277
Foreign exchange		10		(10)		49		(32)
End of period balance	$	2,618	$	2,236	$	2,618	$	2,236