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PROPERTY AND DEPRECIATION (Tables)

12 Months Ended

Oct. 27, 2024

PROPERTY AND DEPRECIATION

Schedule of Property and Equipment

A summary of property and equipment at October 27, 2024 and October 29, 2023 follows:

​

​	​	​	​	​	​	​	​	​	​
​	​	Useful Lives*	​	​	​	​	​	​
​		(Years)		2024			2023
Land	​	​	​	$	390	​	$	338
Buildings and building equipment		22	​		5,168	​		4,735	​
Machinery and equipment		11	​		7,125	​		6,613	​
Dies, patterns, tools, etc.		8	​		1,797	​		1,658	​
All other		5	​		1,382	​		1,323	​
Construction in progress	​	​	​		1,313	​		1,266	​
Total at cost	​	​	​		17,175	​		15,933	​
Less: accumulated depreciation	​	​	​		(9,595)	​		(9,054)	​
Property and equipment – net	​	​		$	7,580		$	6,879	​

*    Weighted-averages

​

Schedule of Property and Equipment Additions and Depreciation

Property and equipment additions and depreciation follows:

​

​	​	​	​	​	​	​	​	​	​	​
​		2024			2023			2022		​
Additions	​	$	1,707	​	$	1,597	​	$	1,197	​
Depreciation	​		898	​		838	​		806	​

​

Schedule of Property and Equipment by Geographic Areas

For property and equipment, more than 10 percent resides in the U.S. and Germany, separately disclosed below:

​

​	​	​	​	​	​	​	​
​		2024			2023		​
U.S.	​	$	4,132	​	$	3,807	​
Germany	​		1,271	​		1,192	​
Other countries	​		2,177	​		1,880	​
Total	​	$	7,580	​	$	6,879	​

​

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Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

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Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

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