XML 136 R26.htm IDEA: XBRL DOCUMENT
v2.4.1.9

ACCOUNTS PAYABLE AND ACCRUED EXPENSES | 12 Months Ended
--- | ---
Oct. 31, 2014
ACCOUNTS PAYABLE AND ACCRUED EXPENSES |
ACCOUNTS PAYABLE AND ACCRUED EXPENSES | 19. ACCOUNTS PAYABLE AND ACCRUED EXPENSES Accounts payable and accrued expenses at October 31 consisted of the following in millions of dollars:
|  | 2014 |  | 2013 |
Equipment Operations |  |  |  |  |
Accounts payable: |  |  |  |  |
Trade payables |  | $ | 1,661 |  | $ | 2,174 |
Dividends payable |  | 210 |  | 192 |
Other |  | 208 |  | 197 |
Accrued expenses: |  |  |  |  |
Dealer sales discounts |  | 1,551 |  | 1,491 |
Employee benefits |  | 1,350 |  | 1,408 |
Product warranties |  | 809 |  | 822 |
Unearned revenue |  | 355 |  | 368 |
Other |  | 1,374 |  | 1,339 |
Total |  | 7,518 |  | 7,991 |
Financial Services |  |  |  |  |
Accounts payable: |  |  |  |  |
Deposits withheld from dealers and merchants |  | 196 |  | 197 |
Other |  | 468 |  | 368 |
Accrued expenses: |  |  |  |  |
Unearned revenue |  | 647 |  | 551 |
Accrued interest |  | 103 |  | 130 |
Employee benefits |  | 87 |  | 86 |
Insurance claims reserve* |  | 247 |  | 197 |
Other |  | 279 |  | 321 |
Total |  | 2,027 |  | 1,850 |
Eliminations** |  | 991 |  | 867 |
Accounts payable and accrued expenses |  | $ | 8,554 |  | $ | 8,974 |
* | See Note 9.
** | Primarily trade receivable valuation accounts which are reclassified as accrued expenses by the equipment operations as a result of their trade receivables being sold to financial services.

X
- Details
Name: | us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19 -Subparagraph a -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20, 24 -Article 5 + Details
Name: | us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration