DERIVATIVES (Tables)

3 Months Ended

Jan. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Aggregated notional amounts by currency and designation

The aggregated notional amounts by currency and designation as of January 31, 2020 were as follows:

	Derivatives  Designated as Cash Flow Hedges			Derivatives Designated as Net Investment Hedges			Derivatives Not Designated as  Hedging Instruments
	Forward Contracts USD			Forward Contracts USD			Forward Contracts USD
Currency	Buy/(Sell)			Buy/(Sell)			Buy/(Sell)
	(in millions)
Euro	$	(63	)	$	(55	)	$	64
British Pound	(43		)	—			(4		)
Canadian Dollar	(39		)	—			26
Japanese Yen	(83		)	—			(10		)
Korean Won	(62		)	—			(36		)
Singapore Dollar	15			—			26
Chinese Yuan Renminbi	(71		)	—			(40		)
Swedish Krona	—			—			(8		)
Other	4			—			(9		)
Totals	$	(342	)	$	(55	)	$	9

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 January 31, 2020 and October 31, 2019 were as follows:

Fair Values of Derivative Instruments
Asset Derivatives					Liability Derivatives
	Fair Value					Fair Value
Balance Sheet Location	January 31, 2020		October 31, 2019		Balance Sheet Location	January 31, 2020		October 31, 2019
(in millions)
Derivatives designated as hedging instruments:
Cash flow hedges
Foreign exchange contracts
Other current assets	$	3	$	3	Other accrued liabilities	$	2	$	2
Derivatives not designated as hedging instruments:
Foreign exchange contracts
Other current assets	$	3	$	9	Other accrued liabilities	$	4	$	4
Total derivatives	$	6	$	12		$	6	$	6

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
	January 31,
	2020			2019
	(in millions)
Derivatives designated as hedging instruments:
Cash Flow Hedges
Foreign exchange contracts:
Gain (loss) recognized in accumulated other comprehensive income	$	1		$	(6	)
Gain (loss) reclassified from accumulated other comprehensive income (loss) into cost of sales	$	—		$	5
Gain (loss) on time value of forward contracts recorded in cost of sales	$	—		$	1
Derivatives not designated as hedging instruments:
Gain (loss) recognized in other income (expense)	$	(2	)	$	(3	)