RETIREMENT PLANS AND POST RETIREMENT PENSION PLANS (Tables)

12 Months Ended

Oct. 31, 2025

Retirement Benefits [Abstract]

Schedule of Defined Benefit Plans Disclosures

For the years ended October 31, 2025, 2024, and 2023, components of net periodic benefit cost (benefit) and other amounts recognized in other comprehensive income consisted of:

	Defined Benefit Plans												U.S. Post-Retirement Benefit Plan
	U.S. Plans						Non-U.S. Plans
	Year Ended October 31,
	2025		2024		2023		2025		2024		2023		2025		2024		2023
	(in millions)
Net periodic benefit cost (benefit)
Service cost — benefits earned during the period	$	17	$	14	$	16	$	9	$	8	$	10	$	—	$	1	$	1
Interest cost on benefit obligations	38		40		36		35		36		31		8		8		8
Expected return on plan assets	(52)		(47)		(49)		(61)		(53)		(53)		(13)		(12)		(12)
Amortization:
Net actuarial loss (gain)	6		9		9		(4)		9		9		(1)		(1)		2
Prior service credit	—		—		—		—		—		—		—		—		(1)
Net periodic benefit cost (benefit)	9		16		12		(21)		—		(3)		(6)		(4)		(2)
Settlements	—		—		—		—		—		(1)		—		—		—
Total periodic benefit cost (benefit)	$	9	$	16	$	12	$	(21)	$	—	$	(4)	$	(6)	$	(4)	$	(2)
Other changes in plan assets and benefit obligations recognized in other comprehensive (income) loss
Net actuarial loss (gain)	$	(19)	$	(23)	$	14	$	(26)	$	(43)	$	32	$	(12)	$	(3)	$	(5)
Net prior service cost	—		2		—		—		—		—		—		—		—
Amortization:
Net actuarial loss (gain)	(6)		(9)		(9)		4		(9)		(9)		1		1		(2)
Prior service credit	—		—		—		—		—		—		—		—		1
Settlements	—		—		—		—		—		1		—		—		—
Foreign currency	—		—		—		(2)		1		(2)		—		—		—
Total recognized in other comprehensive (income) loss	$	(25)	$	(30)	$	5	$	(24)	$	(51)	$	22	$	(11)	$	(2)	$	(6)
Total recognized in the periodic benefit cost (benefit) and other comprehensive (income) loss	$	(16)	$	(14)	$	17	$	(45)	$	(51)	$	18	$	(17)	$	(6)	$	(8)

Schedule of Changes in Fair Value of Plan Assets

As of October 31, 2025 and 2024, the funded status of the defined benefit and post-retirement benefit plans was as follows:

	U.S. Defined Benefit Plans				Non-U.S. Defined Benefit Plans				U.S. Post-Retirement Benefit Plan
	October 31,
	2025		2024		2025		2024		2025		2024
	(in millions)
Change in fair value of plan assets:
Fair value — beginning of year	$	722	$	622	$	1,136	$	985	$	171	$	153
Actual return on plan assets	81		155		74		149		22		33
Employer contributions	—		1		13		13		—		—
Benefits paid	(60)		(56)		(44)		(46)		(15)		(15)
Currency impact	—		—		23		35		—		—
Fair value — end of year	$	743	$	722	$	1,202	$	1,136	$	178	$	171
Change in benefit obligation:
Benefit obligation — beginning of year	$	718	$	634	$	896	$	810	$	148	$	136
Service cost	17		14		9		8		—		1
Interest cost	38		40		35		36		8		8
Actuarial loss (gain)	10		84		(13)		52		(2)		18
Benefits paid	(60)		(56)		(44)		(46)		(15)		(15)
Plan amendment	—		2		—		—		—		—
Currency impact	—		—		24		36		—		—
Benefit obligation — end of year	$	723	$	718	$	907	$	896	$	139	$	148
Overfunded (Underfunded) status of PBO	$	20	$	4	$	295	$	240	$	39	$	23
Amounts recognized in the consolidated balance sheet consist of:
Other assets	$	26	$	10	$	332	$	283	$	39	$	23
Employee compensation and benefits	(1)		(1)		—		—		—		—
Retirement and post-retirement benefits	(5)		(5)		(37)		(43)		—		—
Net asset	$	20	$	4	$	295	$	240	$	39	$	23
Amounts recognized in accumulated other comprehensive (income) loss:
Actuarial losses (gains)	$	28	$	54	$	328	$	352	$	(24)	$	(13)
Prior service cost	2		2		—		—		—		—
Total	$	30	$	56	$	328	$	352	$	(24)	$	(13)

Schedule of Allocation of Plan Assets

The following tables present the fair value of U.S. Defined Benefit Plans assets classified under the appropriate level of the fair value hierarchy as of October 31, 2025 and 2024:

			Fair Value Measurement as of October 31, 2025 Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Assets Measured at NAV(a)
	(in millions)
Cash and cash equivalents	$	17	$	—	$	17	$	—	$	—
Equity	455		—		—		—		455
Fixed income	271		56		—		—		215
Total assets measured at fair value	$	743	$	56	$	17	$	—	$	670

			Fair Value Measurement as of October 31, 2024 Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Assets Measured at NAV(a)
	(in millions)
Cash and cash equivalents	$	10	$	—	$	10	$	—	$	—
Equity	438		—		—		—		438
Fixed income	274		58		—		—		216
Total assets measured at fair value	$	722	$	58	$	10	$	—	$	654

(a) Certain instruments that are measured at fair value using the NAV per share practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the total value of plan assets.

For U.S. Defined Benefit Plans, there was no activity relating to assets measured at fair value using significant unobservable inputs (Level 3) during 2025 and 2024.

The following tables present the fair value of U.S. Post-Retirement Benefit Plan assets classified under the appropriate level of the fair value hierarchy as of October 31, 2025 and 2024:

			Fair Value Measurement as of October 31, 2025 Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Assets Measured at NAV(a)
	(in millions)
Cash and cash equivalents	$	1	$	—	$	1	$	—	$	—
Equity	126		—		—		—		126
Fixed income	51		7		33		—		11
Total assets measured at fair value	$	178	$	7	$	34	$	—	$	137

			Fair Value Measurement as of October 31, 2024 Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Assets Measured at NAV(a)
	(in millions)
Cash and cash equivalents	$	2	$	—	$	2	$	—	$	—
Equity	121		—		—		—		121
Fixed income	48		5		29		—		14
Total assets measured at fair value	$	171	$	5	$	31	$	—	$	135

(a) Certain instruments that are measured at fair value using the NAV per share practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the total value of plan assets.

For the U.S. Post-Retirement Benefit Plan, there was no activity relating to assets measured at fair value using significant unobservable inputs (Level 3) during 2025 and 2024.

The following tables present the fair value of Non-U.S. Defined Benefit Plans assets classified under the appropriate level of the fair value hierarchy as of October 31, 2025 and 2024:

			Fair Value Measurement as of October 31, 2025 Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Assets Measured at NAV(a)
	(in millions)
Cash and cash equivalents	$	7	$	—	$	7	$	—	$	—
Equity	366		—		—		—		366
Fixed income	335		—		—		—		335
Other investments	494		—		—		494		—
Total assets measured at fair value	$	1,202	$	—	$	7	$	494	$	701

			Fair Value Measurement as of October 31, 2024 Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Assets Measured at NAV(a)
	(in millions)
Cash and cash equivalents	$	—	$	—	$	—	$	—	$	—
Equity	422		—		—		—		422
Fixed income	467		—		—		—		467
Other investments	247		—		—		247		—
Total assets measured at fair value	$	1,136	$	—	$	—	$	247	$	889

(a) Certain instruments that are measured at fair value using the NAV per share practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the total value of plan assets.

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets

For Non-U.S. Defined Benefit Plans assets measured at fair value using significant unobservable inputs (Level 3), the following table summarizes the change in balances during 2025 and 2024:

	Year Ended October 31,
	2025		2024
	(in millions)
Balance, beginning of year	$	247	$	233
Unrealized gains	8		15
Purchases, sales, issuances and settlements	(18)		(17)
Transfers in	254		—
Currency impact	3		16
Balance, end of year	$	494	$	247

Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets

The table below presents the combined projected benefit obligation (“PBO”), accumulated benefit obligation (“ABO”) and fair value of plan assets, grouping plans using comparisons of the PBO and ABO relative to the plan assets as of October 31, 2025 and 2024:

	2025				2024
	Benefit Obligation		Fair Value of Plan Assets		Benefit Obligation		Fair Value of Plan Assets
	PBO				PBO
	(in millions)				(in millions)
U.S. defined benefit plans where PBO exceeds the fair value of plan assets	$	6	$	—	$	6	$	—
U.S. defined benefit plans where fair value of plan assets exceeds PBO	717		743		712		722
Total	$	723	$	743	$	718	$	722
Non-U.S. defined benefit plans where PBO exceeds the fair value of plan assets	$	89	$	52	$	86	$	43
Non-U.S. defined benefit plans where fair value of plan assets exceeds PBO	818		1,150		810		1,093
Total	$	907	$	1,202	$	896	$	1,136
	ABO				ABO
U.S. defined benefit plans where ABO exceeds the fair value of plan assets	$	4	$	—	$	4	$	—
U.S. defined benefit plans where the fair value of plan assets exceeds ABO	654		743		636		722
Total	$	658	$	743	$	640	$	722
Non-U.S. defined benefit plans where ABO exceeds the fair value of plan assets	$	87	$	52	$	85	$	43
Non-U.S. defined benefit plans where fair value of plan assets exceeds ABO	816		1,150		808		1,093
Total	$	903	$	1,202	$	893	$	1,136

Schedule of Expected Benefit Payments

Contributions and estimated future benefit payments. For 2026, we do not expect to contribute to our U.S. Defined Benefit Plans or U.S. Post-Retirement Benefit Plan, and we expect to contribute $14 million to our Non-U.S. Defined Benefit Plans. The following table presents expected future benefit payments for the next 10 years.

	U.S. Defined Benefit Plans		Non-U.S. Defined Benefit Plans		U.S. Post-Retirement Benefit Plan
	(in millions)
2026	$	57	$	48	$	15
2027	$	60	$	51	$	15
2028	$	56	$	53	$	15
2029	$	60	$	54	$	15
2030	$	58	$	56	$	15
2031 - 2035	$	262	$	280	$	62

Schedule of Assumptions Used

Assumptions used to calculate the net periodic benefit cost (benefit) were as follows:

	Year Ended October 31,
	2025	2024
U.S. Defined Benefit Plans:
Discount rate	5.50%	6.50%
Average increase in compensation levels	3.50%	3.50%
Expected long-term return on assets	7.50%	8.00%
Non-U.S. Defined Benefit Plans:
Discount rate	2.30-5.07%	2.50-5.35%
Average increase in compensation levels	2.50-3.00%	2.50-3.00%
Expected long-term return on assets	4.64-7.00%	4.73-7.00%
U.S. Post-Retirement Benefits Plan:
Discount rate	5.50%	6.50%
Expected long-term return on assets	7.75%	8.00%
Current medical cost trend rate	6.00%	6.50%
Ultimate medical cost trend rate	4.75%	4.75%
Medical cost trend rate decreases to ultimate rate in year	2029	2029

Assumptions used to calculate the benefit obligation as of October 31, 2025 and 2024 were as follows:

	Year Ended October 31,
	2025	2024
U.S. Defined Benefit Plans:
Discount rate	5.50%	5.50%
Average increase in compensation levels	3.50%	3.50%
Non-U.S. Defined Benefit Plans:
Discount rate	3.14-4.81%	2.30-5.07%
Average increase in compensation levels	2.50-3.00%	2.50-3.00%
U.S. Post-Retirement Benefits Plan:
Discount rate	5.25%	5.50%
Current medical cost trend rate	7.00%	6.00%
Ultimate medical cost trend rate	4.75%	4.75%
Medical cost trend rate decreases to ultimate rate in year	2035	2029

Health care trend rates did not have a significant effect on the total service and interest cost components or on the post-retirement benefit obligation amounts reported for the U.S. Post-Retirement Benefit Plan for the years ended October 31, 2025 and 2024.