XML 89 R78.htm IDEA: XBRL DOCUMENT v3.4.0.3
SUPPLEMENTAL CONSOLIDATING DATA (Statement of Cash Flows) (Details 3) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Apr. 30, 2016
Apr. 30, 2015
Cash Flows from Operating Activities        
Net income (loss) $ 494.7 $ 690.8 $ 748.5 $ 1,077.7
Adjustments to reconcile net income to net cash provided by (used for) operating activities:        
Provision (credit) for credit losses     35.1 15.1
Provision for depreciation and amortization     761.8 682.9
Impairment charges     49.7  
Undistributed earnings of unconsolidated subsidiaries and affiliates     5.3 8.8
Provision (credit) for deferred income taxes     93.3 117.8
Changes in assets and liabilities:        
Trade receivables     (1,311.5) (860.8)
Insurance receivables       333.4
Inventories     (405.8) (932.9)
Accounts payable and accrued expenses     (367.8) (698.3)
Accrued income taxes payable/receivable     12.0 (76.3)
Retirement benefits     91.1 186.6
Other     (56.1) (37.4)
Net cash provided by (used for) operating activities     (312.4) (154.7)
Cash Flows from Investing Activities        
Proceeds from maturities and sales of marketable securities     71.4 791.9
Proceeds from sales of equipment on operating leases     630.1 552.3
Proceeds from sale of business, net of cash sold       148.8
Purchases of marketable securities     (112.2) (33.9)
Purchases of property and equipment     (232.6) (324.3)
Cost of equipment on operating leases acquired     (1,204.1) (830.2)
Acquisitions of businesses, net of cash acquired     (198.9)  
Other     8.6 (58.9)
Net cash provided by (used for) investing activities     210.0 1,152.0
Cash Flows from Financing Activities        
Increase (decrease) in total short-term borrowings     38.3 1,147.0
Proceeds from long-term borrowings     3,276.6 2,512.2
Payments of long-term borrowings     (2,686.6) (2,453.3)
Proceeds from issuance of common stock     11.1 86.1
Repurchases of common stock     (205.4) (1,173.9)
Dividends paid     (383.2) (415.8)
Excess tax benefits from share-based compensation     2.7 11.7
Other     (32.6) (39.1)
Net cash provided by (used for) financing activities     20.9 (325.1)
Effect of Exchange Rate Changes on Cash and Cash Equivalents     52.5 (103.8)
Net Increase (Decrease) in Cash and Cash Equivalents     (29.0) 568.4
Cash and Cash Equivalents at Beginning of Period     4,162.2 3,787.0
Cash and Cash Equivalents at End of Period 4,133.2 4,355.4 4,133.2 4,355.4
Equipment Operations        
Cash Flows from Operating Activities        
Net income (loss) 494.7 690.8 748.5 1,077.7
Adjustments to reconcile net income to net cash provided by (used for) operating activities:        
Provision (credit) for credit losses     4.0 0.3
Provision for depreciation and amortization     410.2 409.8
Undistributed earnings of unconsolidated subsidiaries and affiliates     51.5 102.6
Provision (credit) for deferred income taxes     (87.3) (3.0)
Changes in assets and liabilities:        
Trade receivables     (142.2) (33.2)
Inventories     (136.7) (656.8)
Accounts payable and accrued expenses     (107.9) (219.2)
Accrued income taxes payable/receivable     0.2 (82.1)
Retirement benefits     86.8 179.3
Other     (18.2) 75.8
Net cash provided by (used for) operating activities     808.9 851.2
Cash Flows from Investing Activities        
Proceeds from maturities and sales of marketable securities     31.3 700.0
Purchases of marketable securities     (63.1)  
Purchases of property and equipment     (231.7) (323.2)
Acquisitions of businesses, net of cash acquired     (198.9)  
Other     (70.9) (51.1)
Net cash provided by (used for) investing activities     (533.3) 325.7
Cash Flows from Financing Activities        
Increase (decrease) in total short-term borrowings     (193.4) 84.6
Change in intercompany receivables/payables     290.8 960.7
Proceeds from long-term borrowings     133.5 7.0
Payments of long-term borrowings     (67.7) (39.8)
Proceeds from issuance of common stock     11.1 86.1
Repurchases of common stock     (205.4) (1,173.9)
Dividends paid     (383.2) (415.8)
Excess tax benefits from share-based compensation     2.7 11.7
Other     (14.4) (24.1)
Net cash provided by (used for) financing activities     (426.0) (503.5)
Effect of Exchange Rate Changes on Cash and Cash Equivalents     41.2 (79.7)
Net Increase (Decrease) in Cash and Cash Equivalents     (109.2) 593.7
Cash and Cash Equivalents at Beginning of Period     2,900.0 2,569.2
Cash and Cash Equivalents at End of Period 2,790.8 3,162.9 2,790.8 3,162.9
Financial Services        
Cash Flows from Operating Activities        
Net income (loss) 102.6 169.8 232.0 326.6
Adjustments to reconcile net income to net cash provided by (used for) operating activities:        
Provision (credit) for credit losses     31.1 14.8
Provision for depreciation and amortization     399.4 328.4
Impairment charges     49.7  
Undistributed earnings of unconsolidated subsidiaries and affiliates     (1.0) (0.8)
Provision (credit) for deferred income taxes     180.6 120.8
Changes in assets and liabilities:        
Insurance receivables       333.4
Accounts payable and accrued expenses     14.7 (336.8)
Accrued income taxes payable/receivable     11.8 5.8
Retirement benefits     4.3 7.3
Other     40.7 (42.7)
Net cash provided by (used for) operating activities     963.3 756.8
Cash Flows from Investing Activities        
Collections of receivables (excluding trade and wholesale)     8,699.2 8,998.2
Proceeds from maturities and sales of marketable securities     40.1 91.9
Proceeds from sales of equipment on operating leases     630.1 552.3
Proceeds from sale of business, net of cash sold       148.8
Cost of receivables acquired (excluding trade and wholesale)     (7,343.6) (7,977.1)
Purchases of marketable securities     (49.1) (33.9)
Purchases of property and equipment     (0.9) (1.1)
Cost of equipment on operating leases acquired     (1,567.7) (1,203.4)
Decrease (increase) in trade and wholesale receivables     (1,547.0) (1,084.7)
Other     53.6 (36.0)
Net cash provided by (used for) investing activities     (1,085.3) (545.0)
Cash Flows from Financing Activities        
Increase (decrease) in total short-term borrowings     231.7 1,062.4
Change in intercompany receivables/payables     (290.8) (960.7)
Proceeds from long-term borrowings     3,143.1 2,505.2
Payments of long-term borrowings     (2,618.9) (2,413.5)
Dividends paid     (277.1) (419.6)
Other     2.9 13.2
Net cash provided by (used for) financing activities     190.9 (213.0)
Effect of Exchange Rate Changes on Cash and Cash Equivalents     11.3 (24.1)
Net Increase (Decrease) in Cash and Cash Equivalents     80.2 (25.3)
Cash and Cash Equivalents at Beginning of Period     1,262.2 1,217.8
Cash and Cash Equivalents at End of Period $ 1,342.4 $ 1,192.5 $ 1,342.4 $ 1,192.5