OTHER INCOME AND OTHER OPERATING EXPENSES

12 Months Ended

Oct. 29, 2023

OTHER INCOME AND OTHER OPERATING EXPENSES

OTHER INCOME AND OTHER OPERATING EXPENSES

9. OTHER INCOME AND OTHER OPERATING EXPENSES

The major components of other income and other operating expenses consisted of the following:

	2023		2022		2021
Other income
Revenues from services	$	312	$	283	$	322
Extended warranty premiums earned		312		289		227
Trademark licensing income		95		89		87
Operating lease disposition gains		33		72		65
Gain on previously held equity investment				326
Investment income		29		14		41
Other		222		222		249
Total	$	1,003	$	1,295	$	991
Other operating expenses
Depreciation of equipment on operating leases	$	853	$	827	$	983
Extended warranty claims		309		267		235
Cost of services		227		214		202
Pension and OPEB benefit, excluding the service cost component		(286)		(218)		(183)
Foreign exchange loss		122		132		59
Other		67		53		47
Total	$	1,292	$	1,275	$	1,343