v2.4.0.6
RECEIVABLES (Details 4) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Oct. 31, 2012
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2009
RECEIVABLES        
Minimum number of days for a financing receivable to be considered past due 30 days      
Generally the approximate number of days before a receivable is considered to be non-performing, accrual of finance income is suspended and the estimated uncollectible amount is written off 120 days      
Age Analysis of Past Due and Non-Performing Financing Receivables        
30-59 Days Past Due $ 128 $ 156    
60-89 Days Past Due 51 64    
90 Days or Greater Past Due 31 43    
Total Past Due 210 263    
Total Non-performing 144 170    
Current 25,600 22,593    
Total Financing Receivables 25,954 23,026    
Less allowance for credit losses 177 197 225 239
Total financing receivables - net 25,777 22,829    
Retail Notes | Agriculture and Turf
       
Age Analysis of Past Due and Non-Performing Financing Receivables        
30-59 Days Past Due 60 81    
60-89 Days Past Due 25 30    
90 Days or Greater Past Due 17 25    
Total Past Due 102 136    
Total Non-performing 117 132    
Current 16,432 14,667    
Total Financing Receivables 16,651 14,935    
Retail Notes | Construction and Forestry
       
Age Analysis of Past Due and Non-Performing Financing Receivables        
30-59 Days Past Due 39 45    
60-89 Days Past Due 18 20    
90 Days or Greater Past Due 9 11    
Total Past Due 66 76    
Total Non-performing 13 17    
Current 1,521 1,264    
Total Financing Receivables 1,600 1,357    
Recreational Products
       
Age Analysis of Past Due and Non-Performing Financing Receivables        
Current   4    
Total Financing Receivables   4    
Other Financing Receivables | Agriculture and Turf
       
Age Analysis of Past Due and Non-Performing Financing Receivables        
30-59 Days Past Due 21 23    
60-89 Days Past Due 6 10    
90 Days or Greater Past Due 3 5    
Total Past Due 30 38    
Total Non-performing 11 16    
Current 6,464 5,655    
Total Financing Receivables 6,505 5,709    
Other Financing Receivables | Construction and Forestry
       
Age Analysis of Past Due and Non-Performing Financing Receivables        
30-59 Days Past Due 8 7    
60-89 Days Past Due 2 4    
90 Days or Greater Past Due 2 2    
Total Past Due 12 13    
Total Non-performing 3 5    
Current 1,183 1,003    
Total Financing Receivables $ 1,198 $ 1,021