DERIVATIVES (Tables)

6 Months Ended

Apr. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Aggregated notional amounts by currency and designation

The aggregated notional amounts by currency and designation as of April 30, 2015 were as follows:

	Derivatives Designated as Cash Flow Hedges			Derivatives Not Designated as Hedging Instruments
	Forward Contracts USD			Forward Contracts USD			Forward Contracts DKK
Currency	Buy/(Sell)			Buy/(Sell)			Buy/(Sell)
	(in millions)
Euro	$	(49	)	$	124		$	(58	)
British Pound	(39		)	(2		)	(5		)
Canadian Dollar	(31		)	—			(2		)
Australian Dollar	1			16			(2		)
Malaysian Ringgit	—			(1		)	—
Japanese Yen	(66		)	(10		)	(1		)
American Dollar	—			—			37
Other	(1		)	3			—
Totals	$	(185	)	$	130		$	(31	)

Gross fair values and balance sheet location of derivative instruments held in the consolidated balance sheet

Derivative instruments are subject to master netting arrangements and are disclosed gross in the balance sheet in accordance with the authoritative guidance. The gross fair values and balance sheet location of derivative instruments held in the consolidated balance sheet as of April 30, 2015 and October 31, 2014 were as follows:

Fair Values of Derivative Instruments
Asset Derivatives					Liability Derivatives
	Fair Value					Fair Value
Balance Sheet Location	April 30, 2015		October 31, 2014		Balance Sheet Location	April 30, 2015		October 31, 2014
(in millions)
Derivatives designated as hedging instruments:
Cash flow hedges
Foreign exchange contracts
Other current assets	$	7	$	9	Other accrued liabilities	$	2	$	1
Derivatives not designated as hedging instruments:
Foreign exchange contracts
Other current assets	$	9	$	1	Other accrued liabilities	$	7	$	3
Total derivatives	$	16	$	10		$	9	$	4

Effect of derivative instruments for foreign exchange contracts in the consolidated statement of operations

The effect of derivative instruments for foreign exchange contracts designated as hedging instruments and not designated as hedging instruments in our consolidated statement of operations were as follows:

	Three Months Ended					Six Months Ended
	April 30,					April 30,
	2015			2014		2015			2014
	(in millions)
Derivatives designated as hedging instruments:
Cash Flow Hedges
Foreign exchange contracts:
Gain (loss) recognized in accumulated other comprehensive income (loss)	$	(2	)	$	1	$	8		$	(2	)
Gain (loss) reclassified from accumulated other comprehensive income (loss) into cost of sales	$	7		$	—	$	11		$	(1	)
Derivatives not designated as hedging instruments:
Gain (loss) recognized in other income (expense)	$	(4	)	$	5	$	(17	)	$	4