Yes, that is the field of view in degrees. The 10x 42's do have a 6.4 degree field of view, or 112meters at 1000 meters/ 336 feet at 1000 yards.
I had a pair of the 10x42 EL's and loved them. Fantastic binos. I heard that the swarovision version can give you a headache after a while. I've never used them, that is just second hand info, but maybe worth looking into before you pull the trigger on something that pricey.
Poached this from the swarovski website.
Field of View
The field of view is the size of the circular section of the area which can be observed when you look through a long-range optical device. With binoculars and spotting scopes the field of view is given in metres at a distance of 1,000 metres (ft/1,000 yds), e.g. 141 m/1,000 m (423 ft/1,000 yds). In the case of rifle scopes, it is specified at a distance of 100 metres (100 yds), e.g. 42.5 m/100 m (127.5 in/100 yds). As an alternative to metres, the field of view can also be given in degrees (e.g. 6.6°).
It is always desirable to have the largest possible field of view for long-range optical instruments. But the technically feasible size for the field of view is essentially determined by the magnification. The higher the magnification the smaller the field of view.
Manufacturers face a major challenge to achieve a combination of the widest possible field of view and an edge-to-edge sharp image. A distinction needs to be made between the objective (relating to the object) and the subjective (relating to the user) field of view.