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PROPERTY AND DEPRECIATION (Tables)
12 Months Ended
Nov. 01, 2020
PROPERTY AND DEPRECIATION  
Schedule of Property and Equipment

A summary of property and equipment at November 1, 2020 and November 3, 2019 in millions of dollars follows:

Useful Lives*

 

  

(Years)

  

   2020   

  

   2019   

 

Equipment Operations

Land

$

282

$

274

 

Buildings and building equipment

 

22

 

4,114

 

3,976

Machinery and equipment

 

11

 

5,936

 

5,710

Dies, patterns, tools, etc.

 

8

 

1,662

 

1,531

All other

 

4

 

1,115

 

1,065

Construction in progress

 

440

 

733

Total at cost

 

13,549

 

13,289

Less accumulated depreciation

 

7,771

 

7,360

Total

 

5,778

 

5,929

Financial Services

Land

 

4

 

4

Buildings and building equipment

 

25

 

65

 

75

All other

 

6

 

34

 

34

Total at cost

 

103

 

113

Less accumulated depreciation

 

64

 

69

Total

 

39

 

44

Property and equipment - net

 

$

5,817

 

$

5,973

*    Weighted-averages