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STOCKHOLDERS' EQUITY (Notes)
 3 Months Ended
Jan. 31, 2020
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS EQUITY STOCKHOLDERS' EQUITY
 
Stock Repurchase Program
 
On November 19, 2018 we announced that our board of directors had approved a new share repurchase program (the "2019 repurchase program") designed, among other things, to reduce or eliminate dilution resulting from issuance of stock under the company's employee equity incentive programs. The 2019 repurchase program authorizes the purchase of up to $1.75 billion of our common stock at the company's discretion and has no fixed termination date. The 2019 repurchase program does not require the company to acquire a specific number of shares and may be suspended, amended or discontinued at any time. During the three months ended January 31, 2020, we repurchased and retired approximately 725,827 shares for $60 million under this authorization. During the three months ended January 31, 2019, we repurchased and retired approximately 1.1 million shares for $75 million under this authorization. As of January 31, 2020, we had remaining authorization to repurchase up to $967 million of our common stock under this program.

 
Cash Dividends on Shares of Common Stock
 
During the three months ended January 31, 2020, we paid cash dividends of $0.180 per common share or $56 million on the company's common stock. During the three months ended January 31, 2019, we paid cash dividends of $0.164 per common share or $52 million on the company's common stock.


Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) by component and related tax effects were as follows (in millions):
 
 
 
 
Net defined benefit pension cost and post retirement plan costs
 
 
 
 
Three Months Ended January 31, 2020
 
Foreign currency translation
 
Prior service credits
 
Actuarial Losses
 
Unrealized gains (losses) on derivatives
 
Total
 
 
(in millions)
As of October 31, 2019
 
$
(204
)
 
$
131

 
$
(437
)
 
$
(4
)
 
$
(514
)
 
 
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications
 
(11
)
 
—

 
(5
)
 
1

 
(15
)

 
 
 
 
 
 
 
 
 
 
Amounts reclassified out of accumulated other comprehensive income (loss)
 
—

 
(2
)
 
14

 
—

 
12


 
 
 
 
 
 
 
 
 
 
Tax expense
 
—

 
(1
)
 
(3
)
 
—

 
(4
)

 
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss)
 
(11
)
 
(3
)
 
6

 
1

 
(7
)

 
 
 
 
 
 
 
 
 
 
As of January 31, 2020
 
$
(215
)
 
$
128

 
$
(431
)
 
$
(3
)
 
$
(521
)
 
 
 
 
 
 
 
 
 
 
 


Reclassifications out of accumulated other comprehensive income (loss) for the three months ended January 31, 2020 and 2019 were as follows (in millions):
Details about accumulated other
comprehensive income (loss) components
 
Amounts Reclassified from
other comprehensive income (loss)
 
Affected line item in
statement of operations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
 
 
 
January 31,
 
 
 
 
2020

2019
 
 
 
 



 
 
Unrealized gain (loss) on derivatives
 
$
—


$
5

 
Cost of products
 
 
—


5

 
Total before income tax
 
 
—


(1
)
 
Provision for income tax
 
 
—


4

 
Total net of income tax
Net defined benefit pension cost and post retirement plan costs:
 



 
 
 
 



 
 
Actuarial net loss
 
(14
)

(10
)
 
 
Prior service benefit
 
2


2

 
 
 
 
(12
)

(8
)
 
Total before income tax
 
 
6


4

 
Benefit for income tax
 
 
(6
)

(4
)
 
Total net of income tax
 
 



 
 
Total reclassifications for the period
 
$
(6
)

$
—

 
 


Amounts in parentheses indicate reductions to income and increases to other comprehensive income (loss).

Reclassifications out of accumulated other comprehensive income (loss) of prior service benefit and actuarial net loss in respect of retirement plans and post retirement pension plans are included in the computation of net periodic cost together with curtailments and settlements (see Note 13, "Retirement Plans and Post Retirement Pension Plans").