v3.26.1
LONG-TERM BORROWINGS (Tables)
9 Months Ended
Aug. 02, 2026
LONG-TERM BORROWINGS  
Long-Term Borrowings

Long-term borrowings were as follows in millions:

​

​

​

​

​

​

​

​

​

​

​

​

​

August 2

​

November 2

​

July 27

​

​

  ​

2026

  ​

2025

  ​

2025

​

Underwritten term debt:

  ​

  ​ ​

  ​ ​ ​ ​ ​ ​ ​ ​

  ​ ​

  ​ ​

  ​ ​ ​ ​ ​ ​ ​ ​

  ​ ​

  ​ ​

  ​ ​ ​ ​ ​ ​ ​ ​

​

U.S. dollar notes and debentures:

​

​

​

​

​

​

​

​

​

​

6.55% debentures due 2028

​

$

200

​

$

200

​

$

200

​

5.375% notes due 2029

​

 

500

​

 

500

​

 

500

​

3.10% notes due 2030

​

​

700

​

​

700

​

​

700

​

8.10% debentures due 2030

​

 

250

​

 

250

​

 

250

​

4.15% notes due 2030*

​

 

485

​

 

498

​

​

​

​

7.125% notes due 2031

​

 

300

​

 

300

​

 

300

​

4.85% notes due 2031*

​

 

298

​

 

​

​

 

​

​

5.45% notes due 2035

​

 

1,250

​

 

1,250

​

 

1,250

​

3.90% notes due 2042

​

 

1,250

​

 

1,250

​

 

1,250

​

2.875% notes due 2049

​

​

500

​

​

500

​

​

500

​

3.75% notes due 2050

​

​

850

​

​

850

​

​

850

​

5.70% notes due 2055

​

​

750

​

​

750

​

​

750

​

Euro notes:

​

​

​

​

​

​

​

​

​

​

1.85% notes due 2028 (€600 principal)

​

​

692

​

​

694

​

​

705

​

2.20% notes due 2032 (€600 principal)

​

​

692

​

​

694

​

​

705

​

1.65% notes due 2039 (€650 principal)

​

​

749

​

​

752

​

​

764

​

Serial issuances:

​

​

​

​

​

​

​

​

​

​

Medium-term notes*

 

​

30,716

​

​

34,041

​

​

35,428

​

Other notes and finance lease obligations

​

 

584

​

 

470

​

 

438

​

Less: debt issuance costs and debt discounts

​

​

(140)

​

​

(155)

​

​

(161)

​

Long-term borrowings

 

$

40,626

​

$

43,544

​

$

44,429

​

* Includes fair value hedge adjustments related to derivatives.

The principal balances of the 4.15% notes due 2030, 4.85% notes due 2031, and medium-term notes were as follows:

​

​

​

​

​

​

​

​

​

​

​

​

​

August 2

​

November 2

​

July 27

​

​

​

2026

​

2025

​

2025

​

4.15% notes due 2030

​

$

500

​

$

500

​

​

​

​

4.85% notes due 2031

​

​

300

​

​

​

​

​

​

​

Medium-term notes

​

​

31,191

​

​

34,241

​

$

35,699

​

​