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INVENTORIES (Tables) | 12 Months Ended
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Oct. 30, 2022
INVENTORIES |
Major Classification of Inventories | If all inventories had been valued on a FIFO basis, estimated inventories by major classification at October 30, 2022 and October 31, 2021 in millions of dollars would have been as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |
Raw materials and supplies |  | $ | 4,442 |  | $ | 3,524 |
Work-in-process | ​ |  | 1,190 | ​ |  | 994 | ​
Finished goods and parts | ​ |  | 5,363 | ​ |  | 4,373 | ​
Total FIFO value | ​ |  | 10,995 | ​ |  | 8,891 | ​
Less adjustment to LIFO value | ​ |  | 2,500 | ​ |  | 2,110 | ​
Inventories |  | $ | 8,495 |  | $ | 6,781 | ​

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