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INVENTORIES (Tables)
9 Months Ended
Aug. 02, 2020
INVENTORIES  
Major Classification of Inventories If all of the Company’s inventories had been valued on a “first-in, first-out” (FIFO) method, estimated inventories by major classification in millions of dollars would have been as follows:

    

August 2

    

November 3

    

July 28

 

2020

2019

2019

 

Raw materials and supplies

 

$

2,101

$

2,285

$

2,365

Work-in-process

696

 

747

 

815

Finished goods and parts

4,427

 

4,613

 

5,345

Total FIFO value

7,224

 

7,645

 

8,525

Less adjustment to LIFO value

1,574

 

1,670

 

1,778

Inventories

 

$

5,650

$

5,975

$

6,747