FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Jan. 31, 2022

Fair Value Disclosures [Abstract]

Fair Value Assets And Liabilities Measured On Recurring Basis

Financial assets and liabilities measured at fair value on a recurring basis as of January 31, 2022 were as follows:

 

			Fair Value Measurement at January 31, 2022 Using
	January 31, 2022		Quoted Prices  in Active  Markets for  Identical Assets  (Level 1)		Significant  Other  Observable  Inputs  (Level 2)		Significant  Unobservable  Inputs  (Level 3)
	(in millions)
Assets:
Short-term
Cash equivalents (money market funds)	$	465	$	465	$	—	$	—
Derivative instruments (foreign exchange contracts)	16		—		16		—
Short-term investments - Equity securities with RDFV	45		40		5		—
Long-term
Trading securities	37		37		—		—
Other investments	29		—		29		—
Total assets measured at fair value	$	592	$	542	$	50	$	—
Liabilities:
Short-term
Derivative instruments (foreign exchange contracts)	$	5	$	—	$	5	$	—
Contingent consideration	65		—		—		65
Long-term
Deferred compensation liability	37		—		37		—
Contingent consideration	27		—		—		27
Total liabilities measured at fair value	$	134	$	—	$	42	$	92

Financial assets and liabilities measured at fair value on a recurring basis as of October 31, 2021 were as follows:

			Fair Value Measurement at October 31, 2021 Using
	October 31, 2021		Quoted Prices  in Active  Markets for  Identical Assets  (Level 1)		Significant  Other  Observable  Inputs  (Level 2)		Significant  Unobservable  Inputs  (Level 3)
	(in millions)
Assets:
Short-term
Cash equivalents (money market funds)	$	919	$	919	$	—	$	—
Derivative instruments (foreign exchange contracts)	9		—		9		—
Short-term investments - Equity securities with RDFV	91		83		8		—
Long-term
Trading securities	34		34		—		—
Other investments	31		—		31		—
Total assets measured at fair value	$	1,084	$	1,036	$	48	$	—
Liabilities:
Short-term
Derivative instruments (foreign exchange contracts)	$	5	$	—	$	5	$	—
Contingent consideration	62		—		—		62
Long-term
Deferred compensation liability	34		—		34		—
Contingent consideration	27		—		—		27
Total liabilities measured at fair value	$	128	$	—	$	39	$	89

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The contingent consideration liability is our only Level 3 asset or liability. A summary of the Level 3 activity follows:

	Three Months Ended
	January 31,
	2022		2021
	(in millions)
Beginning balance	$	89	$	—
Change in fair value (included within selling, general and administrative expenses)	$	3	$	—
Ending balance	$	92	$	—