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INVENTORIES (Tables) | 12 Months Ended
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Nov. 03, 2019
INVENTORIES |
Major Classification of Inventories | If all inventories had been valued on a FIFO basis, estimated inventories by major classification at November 3, 2019 and October 28, 2018 in millions of dollars would have been as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2019 |  | 2018 |
Raw materials and supplies |  | $ | 2,285 |  | $ | 2,233 |
Work-in-process | ​ |  | 747 | ​ |  | 776 | ​
Finished goods and parts | ​ |  | 4,613 | ​ |  | 4,777 | ​
Total FIFO value | ​ |  | 7,645 | ​ |  | 7,786 | ​
Less adjustment to LIFO value | ​ |  | 1,670 | ​ |  | 1,637 | ​
Inventories |  | $ | 5,975 |  | $ | 6,149 | ​
​

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