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STATEMENTS OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Jan. 28, 2024
Jan. 29, 2023
Cash Flows from Operating Activities    
Net income $ 1,748 $ 1,957
Adjustments to reconcile net income to net cash used for operating activities:    
Provision (credit) for credit losses 31 (130)
Provision for depreciation and amortization 520 494
Share-based compensation expense 46 23
Provision (credit) for deferred income taxes 27 (56)
Changes in assets and liabilities:    
Receivables related to sales (277) (1,015)
Inventories (723) (1,279)
Accounts payable and accrued expenses (2,327) (1,577)
Accrued income taxes payable/receivable 183 199
Retirement benefits (129) (48)
Other (7) 186
Net cash used for operating activities (908) (1,246)
Cash Flows from Investing Activities    
Collections of receivables (excluding receivables related to sales) 7,752 7,198
Proceeds from sales of equipment on operating leases 506 497
Cost of receivables acquired (excluding receivables related to sales) (6,447) (6,322)
Purchases of property and equipment (362) (315)
Cost of equipment on operating leases acquired (454) (497)
Collateral on derivatives - net 310 345
Other (88) (146)
Net cash provided by investing activities 1,217 760
Cash Flows from Financing Activities    
Net proceeds (payments) in short-term borrowings (original maturities three months or less) (2,951) 697
Proceeds from borrowings issued (original maturities greater than three months) 5,287 2,505
Payments of borrowings (original maturities greater than three months) (3,237) (1,925)
Repurchases of common stock (1,328) (1,257)
Dividends paid (386) (341)
Other (30) (18)
Net cash used for financing activities (2,645) (339)
Effect of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash 16 62
Net Decrease in Cash, Cash Equivalents, and Restricted Cash (2,320) (763)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 7,620 4,941
Cash, Cash Equivalents, and Restricted Cash at End of Period 5,300 4,178
Components of Cash, Cash Equivalents, and Restricted Cash    
Cash and cash equivalents 5,137 3,976
Restricted cash (Other assets) $ 163 $ 202
Balance sheet location of restricted cash Other assets Other assets
Total Cash, Cash Equivalents, and Restricted Cash $ 5,300 $ 4,178