Related Party Transactions and Parent Company Investment (Tables)

3 Months Ended

Jan. 31, 2017

Summary of Net Transfers from Parent on the Condensed Combined Statements of Equity

The components of the Net transfers from Parent on the Condensed Combined Statements of Equity for the three months ended January 31, 2017 and 2016 were as follows:


	Three months ended January 31
	2017			2016
	In millions
Intercompany revenue	$	(13	)	$	(8	)
Intercompany purchases		184			188
Cash pooling and general financing activities*		2,598			202
Corporate allocations		386			409
Income taxes		(20	)		(35	)
Defined benefit plans transferred to Parent		224			—
Defined benefit plans transferred from Parent		(48	)		—
Cash transfers (to) from Parent for business divestitures and other, net		(3	)		(65	)

Total net transfers from Parent per Condensed Combined Statements of Equity	$	3,308		$	691

Activity for the three months ended January 31, 2017 includes approximately $1.9 billion of pension funding payments pursuant to the Transaction agreement between Parent and CSC as discussed in Note 4, “Retirement and Post-Retirement Benefit Plans.”

Reconciliation of Net Transfers from Parent in the Condensed Combined Statements of Equity to Condensed Combined Statements of Cash Flows

A reconciliation of Net transfers from Parent in the Condensed Combined Statements of Equity to the corresponding amount presented on the Condensed Combined Statements of Cash Flows for the three months ended January 31, 2017 and 2016 were as follows:


	Three months ended January 31
	2017			2016
	In millions
Net transfers from Parent per Condensed Combined Statements of Equity	$	3,308		$	691
Income taxes paid by Parent		(48	)		(38	)
Restructuring		(10	)		(11	)
Stock-based compensation		(47	)		(58	)
Defined benefit plans transferred to Parent		(224	)		—
Defined benefit plans transferred from Parent		48			—
Other		(8	)		(20	)

Total net transfers from Parent per Condensed Combined Statements of Cash Flows	$	3,019		$	564