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STATEMENTS OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Jan. 30, 2022
Jan. 31, 2021
Cash Flows from Operating Activities    
Net income $ 904 $ 1,224
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Provision (credit) for credit losses   (5)
Provision for depreciation and amortization 486 538
Impairment charges   50
Share-based compensation expense 18 15
Undistributed earnings of unconsolidated affiliates (2) 18
Provision (credit) for deferred income taxes 210 (38)
Changes in assets and liabilities:    
Trade, notes, and financing receivables related to sales (106) (97)
Inventories (1,297) (926)
Accounts payable and accrued expenses (1,554) (705)
Accrued income taxes payable/receivable (184) 130
Retirement benefits (1,010) (14)
Other (18) (47)
Net cash provided by (used for) operating activities (2,553) 143
Cash Flows from Investing Activities    
Collections of receivables (excluding receivables related to sales) 6,435 5,999
Proceeds from maturities and sales of marketable securities 21 20
Proceeds from sales of equipment on operating leases 479 460
Cost of receivables acquired (excluding receivables related to sales) (5,603) (5,300)
Acquisitions of businesses, net of cash acquired (24) (19)
Purchases of marketable securities (48) (39)
Purchases of property and equipment (193) (154)
Cost of equipment on operating leases acquired (391) (294)
Collateral on derivatives - net (13) (88)
Other (15) (6)
Net cash provided by investing activities 648 579
Cash Flows from Financing Activities    
Decrease in total short-term borrowings (1,018) (695)
Proceeds from long-term borrowings 2,353 1,757
Payments of long-term borrowings (1,940) (1,441)
Proceeds from issuance of common stock 11 71
Repurchases of common stock (623) (352)
Dividends paid (327) (242)
Other (33) (31)
Net cash used for financing activities (1,577) (933)
Effect of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash (74) 103
Net Decrease in Cash, Cash Equivalents, and Restricted Cash (3,556) (108)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 8,125 7,172
Cash, Cash Equivalents, and Restricted Cash at End of Period $ 4,569 $ 7,064