XML 76 R59.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

LONG-TERM BORROWINGS (Tables)

12 Months Ended

Nov. 03, 2019

LONG-TERM BORROWINGS

Long-Term Borrowings

Long-term borrowings at November 3, 2019 and October 28, 2018 consisted of the following in millions of dollars:

​

​	​	​	​	​	​	​	​
​		2019			2018
Equipment Operations	​	​		​	​		​
U.S. dollar notes and debentures:	​	​	​	​	​	​	​
8-1/2% debentures due 2022	​	$	105	​	$	105	​
2.60% notes due 2022	​		1,000	​		1,000	​
6.55% debentures due 2028	​		200	​		200	​
5.375% notes due 2029	​		500	​		500	​
8.10% debentures due 2030	​		250	​		250	​
7.125% notes due 2031	​		300	​		300	​
3.90% notes due 2042	​		1,250	​		1,250	​
2.875% notes due 2049	​	​	500	​	​	​	​
Euro notes:	​	​	​	​	​	​	​
Medium-term note due 2020: (€350 principal) Average interest rate of .0% - 2018	​	​	​	​	​	398	​
.5% notes due 2023 (€500 principal)	​	​	558	​	​	569	​
1.65% notes due 2039 (€650 principal)	​	​	725	​	​	​	​
Other notes	​		51	​		159	​
Less debt issuance costs	​	​	24	​	​	17	​
Total		​	5,415		​	4,714	​
Financial Services		​	​		​	​	​
Notes and debentures:	​	​	​	​	​	​	​
Medium-term notes due 2020 - 2029: (principal $23,265 - 2019, $21,721 - 2018) Average interest rates of 2.7% - 2019, 2.8% - 2018		​	23,528	*	​	21,354	*
Other notes	​		1,335	​		1,215	​
Less debt issuance costs	​	​	49	​	​	46	​
Total	​		24,814	​		22,523	​
Long-term borrowings**		$	30,229	​	$	27,237	​

*    Includes unamortized fair value adjustments related to interest rate swaps.

**  All interest rates are as of year end.

​

X

- References

No definition available.

+ Details

Name:	us-gaap_LongTermDebtNoncurrentAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Name:	us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration