XML 17 R7.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Cash flows from operating activities    
Net income $ 654 $ 557
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 138 164
Share-based compensation 68 71
Deferred taxes (1) 19
Excess and obsolete inventory related charges 15 10
Net gain (loss) on equity securities (14) (62)
Change in fair value of contingent consideration 1 (25)
Other non-cash (income) expense, net 2 9
Changes in assets and liabilities:    
Accounts receivable,net 49 (108)
Inventory (71) (124)
Accounts payable (101) 54
Employee compensation and benefits (110) (144)
Other assets and liabilities 36 (7)
Net cash provided by operating activities 694 538
Cash flows from Investing activities:    
Payments to acquire property, plant and equipment (133) (139)
Payments to acquire equity securities (1) (3)
Proceeds from sale of equity securities 5 6
Payments in exchange for convertible note 5 1
Proceeds from convertible note 4 0
Acquisitions of businesses and intangible assets, net of cash acquired (51) (18)
Net cash used in investing activities (181) (155)
Cash flows from financing activities:    
Proceeds from issuance of common stock under employee stock plans 35 27
Payment of taxes related to net share settlement of equity awards (52) (64)
Payment of dividends (133) (126)
Proceeds from revolving credit facility 175 0
Repayment of revolving credit facility (175) 0
Proceeds from issuance of commercial paper 1,412 575
Repayment of commercial paper (1,447) (400)
Payment for contingent consideration (62) 0
Payments for repurchase of common stock (160) (681)
Net cash used in financing activities (407) (669)
Effect of Exchange Rate Movements 16 (16)
Net increase (decrease) in cash, cash equivalents and restricted cash 122 (302)
Cash, cash equivalents and restricted cash at beginning of period 1,056 1,490
Cash, cash equivalents and restricted cash at end of period 1,178 1,188
Supplemental cash flow information:    
Income tax paid, net of refunds received 128 134
Interest payments 44 40
Property, Plant and Equipment    
Supplemental cash flow information:    
Net change in property, plant and equipment included in Accounts Payable and Accrued Liabilities increase (decrease) $ (8) $ 9