XML 45 R25.htm IDEA: XBRL DOCUMENT
v3.22.2.2

ACCOUNTS PAYABLE AND ACCRUED EXPENSES | 12 Months Ended
--- | ---
Oct. 30, 2022
ACCOUNTS PAYABLE AND ACCRUED EXPENSES |
ACCOUNTS PAYABLE AND ACCRUED EXPENSES | 18. ACCOUNTS PAYABLE AND ACCRUED EXPENSES Accounts payable and accrued expenses at October 30, 2022 and October 31, 2021 consisted of the following in millions of dollars: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |
Accounts payable and accrued expenses | ​ | ​ |  | ​ | ​ |  | ​
Accounts payable: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Trade payables |  | $ | 3,894 |  | $ | 3,173 |
Payables to unconsolidated affiliates | ​ | ​ | 11 | ​ | ​ | 143 | ​
Dividends payable | ​ |  | 343 | ​ |  | 329 | ​
Operating lease liabilities | ​ | ​ | 302 | ​ | ​ | 279 | ​
Deposits withheld from dealers and merchants | ​ | ​ | 163 | ​ | ​ | 157 | ​
Other | ​ |  | 214 | ​ |  | 159 | ​
Accrued expenses: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Dealer sales discounts | ​ |  | 2,324 | ​ |  | 1,636 | ​
Product warranties | ​ |  | 1,427 | ​ |  | 1,312 | ​
Employee benefits | ​ |  | 1,528 | ​ |  | 1,531 | ​
Accrued taxes | ​ | ​ | 1,265 | ​ | ​ | 1,075 | ​
Unearned operating lease revenue | ​ | ​ | 399 | ​ | ​ | 421 | ​
Unearned revenue (contractual liability) | ​ |  | 557 | ​ |  | 570 | ​
Extended warranty premium | ​ | ​ | 866 | ​ | ​ | 774 | ​
Accrued interest | ​ | ​ | 288 | ​ | ​ | 251 | ​
Derivative liabilities | ​ | ​ | 1,231 | ​ | ​ | 228 | ​
Other | ​ |  | 1,320 | ​ |  | 1,175 | ​
Total | ​ | ​ | 16,132 | ​ | ​ | 13,213 | ​
Eliminations* | ​ |  | 1,310 | ​ |  | 865 | ​
Total accounts payable and accrued expenses |  | $ | 14,822 |  | $ | 12,348 | ​
* Pri marily sales incentive accruals with a right of set-off against trade receivables. At October 30, 2022 and October 31, 2021, $1,280 million and $836 million, respectively, of sales incentive accruals were classified as accrued expenses by the equipment operations as the related trade receivables had been sold to financial services. ​

X
- References No definition available. + Details
Name: | us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration