XML 48 R33.htm IDEA: XBRL DOCUMENT v3.20.2
Supplementary Financial Information (Tables)
 12 Months Ended
Oct. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Accounts Receivable, net
Accounts Receivable, net
 As of October 31
 20202019
 In millions
Accounts receivable$5,503 $6,142 
Allowance for doubtful accounts(122)(111)
$5,381 $6,031 
Schedule of Allowance for Doubtful Accounts Related to Accounts Receivable
The allowance for doubtful accounts related to accounts receivable and changes were as follows:
 For the fiscal years ended October 31
 202020192018
 In millions
Balance at beginning of period$111 $129 $101 
Provision for doubtful accounts62 60 57 
Deductions, net of recoveries(51)(78)(29)
Balance at end of period$122 $111 $129 
Schedule of Revolving Short-Term Financing Arrangements
The following is a summary of the activity under these arrangements:
 For the fiscal years ended October 31
 202020192018
 In millions
Balance at beginning of year (1)
$235 $165 $147 
Trade receivables sold10,474 10,257 10,224 
Cash receipts(10,526)(10,186)(10,202)
Foreign currency and other5 (1)(4)
Balance at end of year (1)
$188 $235 $165 

(1) Amounts outstanding from third parties reported in Accounts Receivable in the Consolidated Balance Sheets.
Inventory
Inventory
 As of October 31
 20202019
 In millions
Finished goods$3,662 $3,855 
Purchased parts and fabricated assemblies2,301 1,879 
$5,963 $5,734 
Other Current Assets
Other Current Assets
As of October 31
 20202019
 In millions
Supplier and other receivables$2,092 $1,951 
Prepaid and other current assets1,104 967 
Value-added taxes receivable970 957 
Available-for-sale investments(1)
274 — 
$4,440 $3,875 
(1)See Note 9 “Fair Value” and Note 10, “Financial Instruments” for detailed information.
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net
 As of October 31
 20202019
 In millions
Land, buildings and leasehold improvements$2,066 $1,977 
Machinery and equipment, including equipment held for lease5,275 5,060 
7,341 7,037 
Accumulated depreciation(4,714)(4,243)
$2,627 $2,794 
Other Non-Current Assets
Other Non-Current Assets
 As of October 31
 20202019
 In millions
Deferred tax assets(1)
$2,515 $2,620 
Right-of-use assets from operating leases(2)
1,107 — 
Intangible assets(3)
540 661 
Other(4)
864 843 
 $5,026 $4,124 
(1)See Note 6, “Taxes on Earnings” for detailed information.
(2)See Note 1, “Summary of Significant Accounting Policies” and Note 17, “Leases” for detailed information.
(3)See Note 8, “Goodwill and Intangible Assets” for detailed information.
(4)Includes marketable equity securities and mutual funds classified as available-for-sale investments of $58 million and $56 million at October 31, 2020 and 2019, respectively. See Note 10, “Financial Instruments” for detailed information
Other Current Liabilities
Other Current Liabilities
 As of October 31
 20202019
 In millions
Sales and marketing programs$3,185 $3,361 
Deferred revenue1,208 1,178 
Employee compensation and benefit1,194 1,103 
Other accrued taxes1,051 1,060 
Warranty746 663 
Operating lease liabilities(1)
275 — 
Tax liability223 237 
Other2,960 2,541 
 $10,842 $10,143 
(1)See Note 1, “Summary of Significant Accounting Policies” and Note 17, “Leases” for detailed information.
Other Non-Current Liabilities
Other Non-Current Liabilities
 As of October 31
 20202019
 In millions
Pension, post-retirement, and post-employment liabilities$1,576 $1,762 
Deferred revenue1,072 1,069 
Operating lease liabilities(1)
904 — 
Tax liability746 848 
Deferred tax liability(2)
25 60 
Other823 848 
 $5,146 $4,587 
(1)See Note 1, “Summary of Significant Accounting Policies” and Note 17, “Leases” for detailed information.
(2)See Note 6, “Taxes on Earnings” for detailed information.
Interest and other, net
Interest and other, net
 For the fiscal years ended October 31
 202020192018
 In millions
Tax indemnifications(1)
$1 $(1,186)$(662)
Interest expense on borrowings(239)(242)(312)
Non-operating retirement- related credits240 85 233 
Defined benefit plan settlement charges(214)— — 
Loss on extinguishment of debt(40)— (126)
Other, net21 (11)49 
 $(231)$(1,354)$(818)
(1)Fiscal year ended October 31, 2019 and 2018, includes an adjustment of $764 million and $676 million respectively, of indemnification receivables, primarily related to resolution of various income tax audits settlements. Fiscal year ended October 31, 2019, also includes an adjustment of $417 million pursuant to the termination of the TMA with Hewlett Packard Enterprise.
Net Revenue by Region
Net Revenue by Region
 For the fiscal years ended October 31
 202020192018
 In millions
Americas$24,414 $25,244 $25,644 
Europe, Middle East and Africa19,624 20,275 20,470 
Asia-Pacific and Japan12,601 13,237 12,358 
Total net revenue$56,639 $58,756 $58,472