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STATEMENT OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
May 02, 2021
May 03, 2020
Cash Flows from Operating Activities    
Net income $ 3,014 $ 1,184
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision (credit) for credit losses (24) 107
Provision for depreciation and amortization 1,054 1,067
Impairment charges 50  
Impairment charges   114
Share-based compensation expense 45 48
Undistributed earnings of unconsolidated affiliates 11 (8)
Credit for deferred income taxes (213) (61)
Changes in assets and liabilities:    
Trade, notes, and financing receivables related to sales (1,124) (491)
Inventories (1,193) (496)
Accounts payable and accrued expenses 318 (707)
Accrued income taxes payable/receivable 54 (173)
Retirement benefits (5) 58
Other (201) 134
Net cash provided by operating activities 1,786 776
Cash Flows from Investing Activities    
Collections of receivables (excluding receivables related to sales) 10,367 9,624
Proceeds from maturities and sales of marketable securities 47 39
Proceeds from sales of equipment on operating leases 1,011 898
Cost of receivables acquired (excluding receivables related to sales) (11,359) (9,367)
Acquisitions of businesses, net of cash acquired (19)  
Purchases of marketable securities (74) (71)
Purchases of property and equipment (320) (441)
Cost of equipment on operating leases acquired (764) (960)
Collateral on derivatives - net (255) 319
Other (21) (11)
Net cash provided by (used for) investing activities (1,387) 30
Cash Flows from Financing Activities    
Increase in total short-term borrowings 212 1,138
Proceeds from long-term borrowings 3,967 7,275
Payments of long-term borrowings (3,157) (3,315)
Proceeds from issuance of common stock 116 70
Repurchases of common stock (1,044) (263)
Dividends paid (480) (481)
Other (55) (81)
Net cash provided by (used for) financing activities (441) 4,343
Effect of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash 151 (102)
Net Increase in Cash, Cash Equivalents, and Restricted Cash 109 5,047
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 7,172 3,956
Cash, Cash Equivalents, and Restricted Cash at End of Period $ 7,281 $ 9,003