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INVENTORIES (Tables)

12 Months Ended

Oct. 28, 2018

INVENTORIES

Major Classification of Inventories

If all inventories had been valued on a FIFO basis, estimated inventories by major classification at October 28, 2018 and October 29, 2017 in millions of dollars would have been as follows:

		2018			2017
Raw materials and supplies		$	2,233		$	1,688
Work-in-process			776			495
Finished goods and parts			4,777			3,182
Total FIFO value			7,786			5,365
Less adjustment to LIFO value			1,637			1,461
Inventories		$	6,149		$	3,904

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- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

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