XML 44 R33.htm IDEA: XBRL DOCUMENT v3.25.1
DERIVATIVES (Tables)
6 Months Ended
Apr. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Aggregated notional amounts by currency and designation The aggregated notional amounts by currency and designation as of April 30, 2025 were as follows:
 Derivatives in Cash Flow Hedging RelationshipsDerivatives Not Designated as Hedging Instruments
 Forward
Contracts
Forward
Contracts
CurrencyBuy/(Sell)Buy/(Sell)
 (in millions)
Euro$10 $130 
Pounds Sterling10 1,651 
Singapore Dollar30 16 
Malaysian Ringgit118 11 
Japanese Yen(122)(125)
Other currencies(35)53 
Total$11 $1,736 
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 at their gross fair value in the condensed consolidated balance sheet. The gross fair values and balance sheet presentation of derivative instruments held as of April 30, 2025 and October 31, 2024 were as follows:
Fair Values of Derivative Instruments
Assets DerivativesLiabilities Derivatives
Fair Value Fair Value
Balance Sheet LocationApril 30, 2025October 31, 2024Balance Sheet LocationApril 30, 2025October 31, 2024
(in millions)
Derivatives designated as hedging instruments:     
Cash flow hedges
Foreign exchange contracts     
Other current assets$$Other accrued liabilities$$
Derivatives not designated as hedging instruments:     
Foreign exchange contracts     
Other current assets27 30 Other accrued liabilities
Total derivatives$33 $38  $15 $
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 the condensed consolidated statement of operations was as follows:
Three Months EndedSix Months Ended
April 30,April 30,
2025202420252024
 (in millions)
Derivatives designated as hedging instruments:  
Cash flow hedges
Foreign exchange contracts:
Gain (loss) recognized in accumulated other comprehensive income (loss)$(2)$$(3)$
Gain (loss) reclassified from accumulated other comprehensive income (loss) into earnings:
Cost of products$$$$
Selling, general and administrative$— $— $— $(1)
Interest expense$$— $$— 
Gain (loss) excluded from effectiveness testing recognized in earnings based on amortization approach:
Cost of products$$$$
Derivatives not designated as hedging instruments:
Gain (loss) recognized in:
Other income (expense), net$127 $(3)$55 $(20)