PROPERTY AND DEPRECIATION (Tables)

12 Months Ended

Oct. 31, 2012

PROPERTY AND DEPRECIATION

Schedule of Property and Equipment

A summary of property and equipment at October 31 in millions of dollars follows:

		Useful Lives*
		(Years)		2012			2011
Equipment Operations
Land				$	137		$	117
Buildings and building equipment		23		2,584			2,430
Machinery and equipment		11		4,393			4,254
Dies, patterns, tools, etc		8		1,330			1,213
All other		6		819			731
Construction in progress				938			649
Total at cost				10,201			9,394
Less accumulated depreciation				5,250			5,107
Total				4,951			4,287
Financial Services
Land				4			4
Buildings and building equipment		27		70			71
All other		6		36			39
Total at cost				110			114
Less accumulated depreciation				49			49
Total				61			65
Property and equipment-net				$	5,012		$	4,352

* Weighted-averages