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MARKETABLE SECURITIES (Tables)
12 Months Ended
Oct. 28, 2018
MARKETABLE SECURITIES  
Amortized Cost and Fair Value of Marketable Securities

The amortized cost and fair value of marketable securities at October 28, 2018 and October 29, 2017 in millions of dollars follow:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

  

Gross

  

Gross

  

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

 

 

Cost

 

Gains

 

Losses

 

   Value   

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity fund

 

$

36

 

$

10

 

 

 

 

$

46

 

U.S. government debt securities

 

 

113

 

 

1

 

$

3

 

 

111

 

Municipal debt securities

 

 

49

 

 

 

 

 

3

 

 

46

 

Corporate debt securities

 

 

143

 

 

1

 

 

4

 

 

140

 

International debt securities

 

 

11

 

 

 

 

 

1

 

 

10

 

Mortgage-backed securities*

 

 

144

 

 

 

 

 

7

 

 

137

 

Marketable securities

 

$

496

 

$

12

 

$

18

 

$

490

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity fund

 

$

37

 

$

11

 

 

 

 

$

48

 

Fixed income fund

 

 

15

 

 

 

 

 

 

 

 

15

 

U.S. government debt securities

 

 

76

 

 

1

 

 

 

 

 

77

 

Municipal debt securities

 

 

39

 

 

1

 

$

1

 

 

39

 

Corporate debt securities

 

 

133

 

 

3

 

 

1

 

 

135

 

International debt securities

 

 

22

 

 

 

 

 

2

 

 

20

 

Mortgage-backed securities*

 

 

119

 

 

1

 

 

2

 

 

118

 

Marketable securities

 

$

441

 

$

17

 

$

6

 

$

452

 

*       Primarily issued by U.S. government sponsored enterprises.

 

Contractual Maturities of Debt Securities

The contractual maturities of debt securities at October 28, 2018 in millions of dollars follow:

 

 

 

 

 

 

 

 

 

 

    

Amortized

 

Fair

 

 

 

Cost

 

   Value   

 

Due in one year or less

 

$

24

 

$

23

 

Due after one through five years

 

 

117

 

 

115

 

Due after five through 10 years

 

 

99

 

 

96

 

Due after 10 years

 

 

76

 

 

73

 

Mortgage-backed securities

 

 

144

 

 

137

 

Debt securities

 

$

460

 

$

444