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PROPERTY, PLANT AND EQUIPMENT, NET
12 Months Ended
Oct. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET PROPERTY, PLANT AND EQUIPMENT, NET
Property, plant and equipment as of October 31, 2025 and 2024, consisted of the following:
 October 31,
 20252024
 (in millions)
Land$69 $69 
Buildings and leasehold improvements2,056 1,786 
Machinery and equipment1,037 960 
Software284 267 
Total property, plant and equipment3,446 3,082 
Accumulated depreciation and amortization(1,423)(1,304)
Property, plant and equipment, net$2,023 $1,778 

The additions in 2025 are primarily related to assets acquired from our on-going expansion of our Frederick, CO. facility. Interest costs incurred during construction of facilities are capitalized as part of the cost of the asset. Capitalized interest was approximately $14 million in 2025, $7 million in 2024 and $6 million in 2023.

During 2025, there were no asset impairments. During 2024 and 2023, we recorded asset impairments of $2 million and $11 million, respectively. Depreciation expenses were $178 million in 2025, $149 million in 2024 and $128 million in 2023. In 2025 and 2024 we retired approximately $59 million and $78 million, respectively, of assets, the majority of which were fully depreciated and no longer in use.