XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
STATEMENT OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Jan. 28, 2018
Jan. 29, 2017
Cash Flows from Operating Activities    
Net income (loss) $ (534.7) $ 198.4
Adjustments to reconcile net income (loss) to net cash used for operating activities:    
Provision for credit losses 2.5 6.5
Provision for depreciation and amortization 463.2 415.7
Share-based compensation expense 16.7 18.2
Undistributed earnings of unconsolidated affiliates (6.6) (1.0)
Provision for deferred income taxes 479.7 11.9
Changes in assets and liabilities:    
Trade, notes and financing receivables related to sales (34.9) 61.9
Inventories (1,238.8) (743.1)
Accounts payable and accrued expenses (915.1) (717.7)
Accrued income taxes payable/receivable 425.1 10.1
Retirement benefits 65.6 46.5
Other (19.5) (44.1)
Net cash used for operating activities (1,296.8) (736.7)
Cash Flows from Investing Activities    
Collections of receivables (excluding receivables related to sales) 5,226.1 4,814.8
Proceeds from maturities and sales of marketable securities 13.1 23.7
Proceeds from sales of equipment on operating leases 339.6 368.2
Proceeds from sales of businesses and unconsolidated affiliates, net of cash sold 49.7  
Proceeds from sales of businesses and unconsolidated affiliates, net of cash sold   113.9
Cost of receivables acquired (excluding receivables related to sales) (4,006.6) (3,644.6)
Acquisitions of businesses, net of cash acquired (5,129.7)  
Purchases of marketable securities (24.3) (21.7)
Purchases of property and equipment (176.3) (155.2)
Cost of equipment on operating leases acquired (365.7) (382.6)
Other (16.2) (12.1)
Net cash provided by (used for) investing activities (4,090.3) 1,104.4
Cash Flows from Financing Activities    
Decrease in total short-term borrowings (535.5) (1,064.9)
Proceeds from long-term borrowings 2,262.1 1,295.8
Payments of long-term borrowings (1,871.2) (1,048.9)
Proceeds from issuance of common stock 143.0 263.3
Repurchases of common stock (9.7) (6.2)
Dividends paid (193.0) (188.9)
Other (26.7) (24.4)
Net cash used for financing activities (231.0) (774.2)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 198.3 (39.3)
Net Decrease in Cash and Cash Equivalents (5,419.8) (445.8)
Cash and Cash Equivalents at Beginning of Period 9,334.9 4,335.8
Cash and Cash Equivalents at End of Period $ 3,915.1 $ 3,890.0