XML 94 R83.htm IDEA: XBRL DOCUMENT v3.8.0.1
SUPPLEMENTAL CONSOLIDATING DATA - Statement of Cash Flows (Details) - 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 provided by (used for) operating activities:    
Provision (credit) for credit losses 2.5 6.5
Provision for depreciation and amortization 463.2 415.7
Undistributed earnings of unconsolidated subsidiaries and affiliates (6.6) (1.0)
Provision (credit) for deferred income taxes 479.7 11.9
Changes in assets and liabilities:    
Trade receivables (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 provided by (used for) operating activities (1,296.8) (736.7)
Cash Flows from Investing Activities    
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
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    
Increase (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 provided by (used for) financing activities (231.0) (774.2)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 198.3 (39.3)
Net Increase (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
Equipment Operations    
Cash Flows from Operating Activities    
Net income (loss) (534.7) 198.4
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:    
Provision (credit) for credit losses 0.8 (0.2)
Provision for depreciation and amortization 232.4 212.3
Undistributed earnings of unconsolidated subsidiaries and affiliates (392.9) 25.1
Provision (credit) for deferred income taxes 786.4 (10.8)
Changes in assets and liabilities:    
Trade receivables 295.1 102.1
Inventories (1,099.7) (624.6)
Accounts payable and accrued expenses (735.7) (618.5)
Accrued income taxes payable/receivable 453.1 0.9
Retirement benefits 63.2 44.2
Other (50.6) (74.7)
Net cash provided by (used for) operating activities (982.6) (745.8)
Cash Flows from Investing Activities    
Proceeds from maturities and sales of marketable securities 2.7 6.2
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
Acquisitions of businesses, net of cash acquired (5,129.7)  
Purchases of property and equipment (176.0) (154.9)
Other 57.6 (5.7)
Net cash provided by (used for) investing activities (5,195.7) (40.5)
Cash Flows from Financing Activities    
Increase (decrease) in total short-term borrowings 132.9 (14.5)
Change in intercompany receivables/payables 388.1 316.9
Proceeds from long-term borrowings 77.8 19.2
Payments of long-term borrowings (68.0) (18.3)
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 (17.5) (19.1)
Net cash provided by (used for) financing activities 453.6 352.4
Effect of Exchange Rate Changes on Cash and Cash Equivalents 173.4 (38.7)
Net Increase (Decrease) in Cash and Cash Equivalents (5,551.3) (472.6)
Cash and Cash Equivalents at Beginning of Period 8,168.4 3,140.5
Cash and Cash Equivalents at End of Period 2,617.1 2,667.9
Financial Services    
Cash Flows from Operating Activities    
Net income (loss) 425.3 114.4
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:    
Provision (credit) for credit losses 1.7 6.7
Provision for depreciation and amortization 261.6 233.3
Undistributed earnings of unconsolidated subsidiaries and affiliates (0.8) (0.5)
Provision (credit) for deferred income taxes (306.7) 22.7
Changes in assets and liabilities:    
Accounts payable and accrued expenses 8.9 (23.9)
Accrued income taxes payable/receivable (28.0) 9.2
Retirement benefits 2.4 2.3
Other 65.9 60.5
Net cash provided by (used for) operating activities 430.3 424.7
Cash Flows from Investing Activities    
Collections of receivables (excluding trade and wholesale) 5,601.4 5,132.5
Proceeds from maturities and sales of marketable securities 10.4 17.5
Proceeds from sales of equipment on operating leases 339.6 368.2
Cost of receivables acquired (excluding trade and wholesale) (4,368.5) (3,864.2)
Purchases of marketable securities (24.3) (21.7)
Purchases of property and equipment (0.3) (0.3)
Cost of equipment on operating leases acquired (553.8) (542.8)
Decrease (increase) in trade and wholesale receivables (601.9) (213.5)
Other (3.5) (6.4)
Net cash provided by (used for) investing activities 399.1 869.3
Cash Flows from Financing Activities    
Increase (decrease) in total short-term borrowings (668.4) (1,050.4)
Change in intercompany receivables/payables (388.1) (316.9)
Proceeds from long-term borrowings 2,184.3 1,276.6
Payments of long-term borrowings (1,803.2) (1,030.6)
Dividends paid (38.2) (140.0)
Other (9.2) (5.3)
Net cash provided by (used for) financing activities (722.8) (1,266.6)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 24.9 (0.6)
Net Increase (Decrease) in Cash and Cash Equivalents 131.5 26.8
Cash and Cash Equivalents at Beginning of Period 1,166.5 1,195.3
Cash and Cash Equivalents at End of Period $ 1,298.0 $ 1,222.1