XML 39 R23.htm IDEA: XBRL DOCUMENT v3.21.2

LONG-TERM BORROWINGS

9 Months Ended

Aug. 01, 2021

LONG-TERM BORROWINGS

LONG-TERM BORROWINGS

(16)  Long-Term Borrowings

Long-term borrowings were as follows in millions of dollars. The financial services medium-term notes include fair value adjustments related to interest rate swaps.

​	​	​	​	​	​	​	​	​	​	​
​	​	August 1		​	November 1		​	August 2		​
​		2021			2020			2020		​
Equipment Operations	​	​		​	​		​	​		​
U.S. dollar notes and debentures:	​	​	​	​	​	​	​	​	​	​
8½% debentures due 2022	​	​	​	​	$	105	​	$	105	​
2.60% notes due 2022	​	​	​	​		1,000	​		1,000	​
2.75% notes due 2025	​	$	700	​	​	700	​	​	700	​
6.55% debentures due 2028	​		200	​		200	​		200	​
5.375% notes due 2029	​		500	​		500	​		500	​
3.10% notes due 2030	​	​	700	​	​	700	​	​	700	​
8.10% debentures due 2030	​		250	​		250	​		250	​
7.125% notes due 2031	​		300	​		300	​		300	​
3.90% notes due 2042	​		1,250	​		1,250	​		1,250	​
2.875% notes due 2049	​	​	500	​	​	500	​	​	500	​
3.75% notes due 2050	​	​	850	​	​	850	​	​	850	​
Euro notes:	​	​	​	​	​	​	​	​	​	​
.5% notes due 2023 (€500 principal)	​	​	594	​	​	584	​	​	592	​
1.375% notes due 2024 (€800 principal)	​	​	951	​	​	934	​	​	948	​
1.85% notes due 2028 (€600 principal)	​	​	713	​	​	700	​	​	711	​
2.20% notes due 2032 (€600 principal)	​	​	713	​	​	700	​	​	711	​
1.65% notes due 2039 (€650 principal)	​	​	773	​	​	759	​	​	770	​
Finance lease obligations and other notes	​		44	​		153	​		193	​
Less debt issuance costs and debt discounts	​	​	56	​	​	61	​	​	63	​
Total		​	8,982		​	10,124		​	10,217	​
Financial Services		​	​		​	​		​	​	​
Notes and debentures:	​	​	​	​	​	​	​	​	​	​
Medium-term notes: (principal as of: August 1, 2021 - $21,892, November 1, 2020 - $20,996, August 2, 2020 - $22,032)		​	22,346	​	​	21,661	​	​	22,826	​
Other notes	​		1,015	​		1,003	​		1,051	​
Less debt issuance costs and debt discounts	​	​	63	​	​	54	​	​	57	​
Total	​		23,298	​		22,610	​		23,820	​
Long-term borrowings		$	32,280	​	$	32,734	​	$	34,037	​

​

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

The entire disclosure for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI http://asc.fasb.org/topic&trid=2208564

+ Details

Name:	us-gaap_LongTermDebtTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration