XML 56 R37.htm IDEA: XBRL DOCUMENT v3.23.1

SECURITIZATION OF FINANCING RECEIVABLES (Tables)

6 Months Ended

Apr. 30, 2023

SECURITIZATION OF FINANCING RECEIVABLES

Components of Consolidated Restricted Assets, Secured Borrowings and Other Liabilities Related to Securitization Transactions

The components of consolidated restricted assets, secured borrowings, and other liabilities related to secured borrowings in securitization transactions were as follows in millions of dollars:

​	​	​	​	​	​	​	​	​	​	​
​		April 30			October 30			May 1
​	​	2023		​	2022		​	2022
Financing receivables securitized (retail notes)		$	5,674	​	$	5,952	​	$	4,085	​
Allowance for credit losses	​	​	(15)	​		(16)	​		(12)	​
Other assets (primarily restricted cash)	​	​	115	​		155	​		124	​
Total restricted securitized assets		$	5,774	​	$	6,091	​	$	4,197	​
​	​	​	​	​	​	​	​	​	​	​
Short-term securitization borrowings	​	$	5,379	​	$	5,711	​	$	4,006	​
Accrued interest on borrowings	​	​	8	​	​	6	​		2	​
Total liabilities related to restricted securitized assets	​	$	5,387	​	$	5,717	​	$	4,008	​

X

- Definition

Tabular disclosure of the carrying amount and classification of assets and liabilities recognized in the transferor's statement of financial position at the end of each period presented.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 30
-Section 50
-Paragraph 1A
-Subparagraph (b)(1)
-URI https://asc.fasb.org/extlink&oid=109249958&loc=SL6224234-111729

+ Details

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

X

- References

No definition available.

+ Details

Name:	us-gaap_TransfersAndServicingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration