XML 45 R23.htm IDEA: XBRL DOCUMENT
v3.8.0.1

PROPERTY AND DEPRECIATION | 12 Months Ended
--- | ---
Oct. 29, 2017
PROPERTY AND DEPRECIATION |
PROPERTY AND DEPRECIATION | 16. PROPERTY AND DEPRECIATION A summary of property and equipment at October 29, 2017 and October 30, 2016 in millions of dollars follows:
|  | Useful Lives* |  |  |  |  |  |  |
|  | (Years) |  | 2017 |  | 2016 |
Equipment Operations |  |  |  |  |  |  |  |  |
Land |  |  |  | $ | 122 |  | $ | 119 |
Buildings and building equipment |  | 22 |  |  | 3,396 |  |  | 3,230 |
Machinery and equipment |  | 11 |  |  | 5,378 |  |  | 5,180 |
Dies, patterns, tools, etc. |  | 8 |  |  | 1,647 |  |  | 1,604 |
All other |  | 5 |  |  | 942 |  |  | 893 |
Construction in progress |  |  |  |  | 358 |  |  | 370 |
Total at cost |  |  |  |  | 11,843 |  |  | 11,396 |
Less accumulated depreciation |  |  |  |  | 6,826 |  |  | 6,277 |
Total |  |  |  |  | 5,017 |  |  | 5,119 |
Financial Services |  |  |  |  |  |  |  |  |
Land |  |  |  |  | 4 |  |  | 4 |
Buildings and building equipment |  | 26 |  |  | 74 |  |  | 73 |
All other |  | 6 |  |  | 38 |  |  | 36 |
Total at cost |  |  |  |  | 116 |  |  | 113 |
Less accumulated depreciation |  |  |  |  | 65 |  |  | 61 |
Total |  |  |  |  | 51 |  |  | 52 |
Property and equipment – net |  |  |  | $ | 5,068 |  | $ | 5,171 |
* Weighted-averages Total property and equipment additions in 2017, 2016, and 2015 were $602 million, $674 million, and $666 million and depreciation was $726 million, $701 million, and $692 million, respectively. Capitalized interest was $3 million, $3 million, and $6 million in the same periods, respectively. The cost of leased property and equipment under capital leases of $40 million and $33 million and accumulated depreciation of $15 million and $16 million at October 29, 2017 and October 30, 2016, respectively, is included in property and equipment. Capitalized software has an estimated useful life of three years. The amounts of total capitalized software costs, including purchased and internally developed software, classified as “Other Assets” at October 29, 2017 and October 30, 2016 were $1,078 million and $1,035 million, less accumulated amortization of $826 million and $770 million, respectively. Capitalized interest on software was $1 million and $3 million at October 29, 2017 and October 30, 2016, respectively. Amortization of these software costs in 2017, 2016, and 2015 was $118 million, $102 million, and $103 million, respectively. The cost of compliance with foreseeable environmental requirements has been accrued and did not have a material effect on the company’s consolidated financial statements.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration