v3.25.4
SECURITIZATION OF FINANCING RECEIVABLES (Tables)
3 Months Ended
Feb. 01, 2026
SECURITIZATION OF FINANCING RECEIVABLES  
Components of Consolidated Restricted Assets, Secured Borrowings and Other Liabilities Related to Securitization Transactions

The components of securitization programs were as follows:

 

  ​

February 1

  ​ ​ ​

November 2

  ​ ​ ​

January 26

 

2026

2025

2025

 

Financing receivables securitized (retail notes)

 

$

6,518

$

6,872

$

8,307

Allowance for credit losses

(39)

 

(41)

 

(50)

Other assets (primarily restricted cash)

168

 

171

 

182

Total restricted securitized assets

 

$

6,647

$

7,002

$

8,439

Short-term securitization borrowings

$

6,283

$

6,596

$

8,014

Accrued interest on borrowings

13

15

 

11

Total liabilities related to restricted securitized assets

$

6,296

$

6,611

$

8,025