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Financial Instruments (Tables)
 3 Months Ended
Jan. 31, 2014
Financial Instruments  
Schedule of cash equivalents and available-for-sale investments

 

 

 
   January 31, 2014   October 31, 2013  
 
   Cost   Gross
Unrealized
Gain		   Gross
Unrealized
Loss		   Fair
Value		   Cost   Gross
Unrealized
Gain		   Gross
Unrealized
Loss		   Fair
Value		  
 
   In millions
  

Cash Equivalents

                                                  

Time deposits

   $ 3,338   $ —   $ —   $ 3,338   $ 2,207   $ —   $ —   $ 2,207  

Money market funds

     9,627     —     —     9,627     6,819     —     —     6,819  

Mutual funds

     261     —     —     261     13     —     —     13  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total cash equivalents

     13,226     —     —     13,226     9,039     —     —     9,039  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Available-for-Sale Investments

                                                  

Debt securities:

                                                  

Time deposits

     47     —     —     47     14     —     —     14  

Foreign bonds

     307     87     —     394     310     86     —     396  

Other debt securities

     63     —     (15 )   48     64     —     (15 )   49  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total debt securities

     417     87     (15 )   489     388     86     (15 )   459  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Equity securities:

                                                  

Mutual funds

     98     —     —     98     300     —     —     300  

Equity securities in public companies

     8     3     —     11     5     6     —     11  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total equity securities

     106     3     —     109     305     6     —     311  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total available-for-sale investments

     523     90     (15 )   598     693     92     (15 )   770  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total cash equivalents and available-for-sale investments

   $ 13,749   $ 90   $ (15 ) $ 13,824   $ 9,732   $ 92   $ (15 ) $ 9,809  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                                   
Schedule of contractual maturities of short- and long-term investments in available-for-sale debt securities

 

 

 
   January 31,
2014		  
 
   Cost   Fair
Value		  
 
   In millions
  

Due in one to five years

   $ 34   $ 34  

Due in more than five years

     383     455  
           
​ ​ ​ ​ ​ ​ ​ ​

 

   $ 417   $ 489  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           
Schedule of gross notional and fair value of derivative instruments in the Consolidated Condensed Balance Sheets

 

 

 
   As of January 31, 2014   As of October 31, 2013  
 
   Gross
Notional(1)		   Other
Current
Assets		   Long-Term
Financing
Receivables
and Other
Assets		   Other
Accrued
Liabilities		   Long-Term
Other
Liabilities		   Gross
Notional(1)		   Other
Current
Assets		   Long-Term
Financing
Receivables
and Other
Assets		   Other
Accrued
Liabilities		   Long-Term
Other
Liabilities		  
 
   In millions
  

Derivatives designated as hedging instruments

                                                              

Fair value hedges:

                                                              

Interest rate contracts

   $ 12,350   $ 14   $ 127   $ —   $ 116   $ 11,100   $ 31   $ 125   $ —   $ 107  

Cash flow hedges:

                                                              

Foreign exchange contracts

     22,035     226     60     234     106     22,463     79     40     341     80  

Net investment hedges:

                                                              

Foreign exchange contracts

     1,957     60     67     7     9     1,920     30     40     20     12  
                                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total derivatives designated as hedging instruments

     36,342     300     254     241     231     35,483     140     205     361     199  
                                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Derivatives not designated as hedging instruments

                                                              

Foreign exchange contracts

     12,652     98     45     64     32     16,048     72     26     76     20  

Other derivatives

     310     2     1     4     —     344     8     1     —     —  
                                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total derivatives not designated as hedging instruments

     12,962     100     46     68     32     16,392     80     27     76     20  
                                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total derivatives

   $ 49,304   $ 400   $ 300   $ 309   $ 263   $ 51,875   $ 220   $ 232   $ 437   $ 219  
                                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                                           
(1)
Represents the amount of contracts that were outstanding as of January 31, 2014 and October 31, 2013, respectively.
Schedule of information related to the potential effect of entity's master netting agreements and collateral security agreements

 

 

 
   As of January 31, 2014  
 
   In the Consolidated Condensed Balance Sheets    
  
 
   (i)
   (ii)
   (iii) = (i)-(ii)
   (iv)
   (v)
   (vi) = (iii)-(iv)-(v)
  
 
    
    
    
   Gross Amounts Not Offset    
  
 
   Gross Amount
Recognized		   Gross Amount
Offset		   Net Amount
Presented		   Derivatives   Financial
Collateral		   Net Amount  
 
   In millions
  

Derivative assets

   $ 700   $ —   $ 700   $ 363   $ 180   $ 157  

Derivative liabilities

   $ 572   $ —   $ 572   $ 363   $ 155 (1) $ 54  
(1)
Of the $155 million of collateral posted, $62 million was through re-use of counterparty cash collateral and $93 million was in cash.

 
   As of October 31, 2013  
 
   In the Consolidated Condensed Balance Sheets    
  
 
   (i)
   (ii)
   (iii) = (i)-(ii)
   (iv)
   (v)
   (vi) = (iii)-(iv)-(v)
  
 
    
    
    
   Gross Amounts Not Offset    
  
 
   Gross Amount
Recognized		   Gross Amount
Offset		   Net Amount
Presented		   Derivatives   Financial
Collateral		   Net Amount  
 
   In millions
  

Derivative assets

   $ 452   $ —   $ 452   $ 372   $ 30   $ 50  

Derivative liabilities

   $ 656   $ —   $ 656   $ 372   $ 283 (1) $ 1  
(1)
Of the $283 million of collateral posted, $30 million was through re-use of counterparty cash collateral and $253 million was in cash.
Schedule of pre-tax effect of derivative instruments and related hedged items in a fair value hedging relationship

 

 

 
   Gain (Loss) Recognized in Earnings on Derivative and Related Hedged Item  
Derivative Instrument
  Location   Three
months
ended
January 31,
2014		   Hedged Item   Location   Three
months
ended
January 31,
2014		  
 
    
   In millions
    
    
   In millions
  

Interest rate contracts

   Interest and other, net   $ (24 ) Fixed-rate debt   Interest and other, net   $ 24  

 

 
   Gain (Loss) Recognized in Earnings on Derivative and Related Hedged Item  
Derivative Instrument
  Location   Three
months
ended
January 31,
2013		   Hedged Item   Location   Three
months
ended
January 31,
2013		  
 
    
   In millions
    
    
   In millions
  

Interest rate contracts

   Interest and other, net   $ (99 ) Fixed-rate debt   Interest and other, net   $ 98  
Schedule of pre-tax effect of derivative instruments in cash flow and net investment hedging relationships

 

 

 
   Gain (Loss)
Recognized in
Other
Comprehensive
Income ("OCI")
on Derivatives
(Effective Portion)		   Gain (Loss) Reclassified from
Accumulated OCI into Earnings
(Effective Portion)		  
 
   Three months ended
January 31, 2014		   Location   Three months
ended January 31,
2014		  
 
   In millions
    
   In millions
  

Cash flow hedges:

                  

Foreign exchange contracts

   $ 175   Net revenue   $ (63 )

Foreign exchange contracts

     (87 ) Cost of products     (23 )

Foreign exchange contracts

     —   Other operating expenses     (4 )

Foreign exchange contracts

     (18 ) Interest and other, net     (19 )
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total cash flow hedges

   $ 70       $ (109 )
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​
               

Net investment hedges:

                  

Foreign exchange contracts

   $ 66   Interest and other, net   $ —  
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​
               

 

 
   Gain (Loss)
Recognized in
OCI on Derivatives
(Effective Portion)		   Gain (Loss) Reclassified from
Accumulated OCI into Earnings
(Effective Portion)		  
 
   Three months ended
January 31, 2013		   Location   Three months
ended January 31,
2013		  
 
   In millions
    
   In millions
  

Cash flow hedges:

                  

Foreign exchange contracts

   $ (199 ) Net revenue   $ (57 )

Foreign exchange contracts

     (125 ) Cost of products     (3 )

Foreign exchange contracts

     8   Other operating expenses     1  

Foreign exchange contracts

     2   Interest and other, net     (5 )
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total cash flow hedges

   $ (314 )     $ (64 )
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​
               

Net investment hedges:

                  

Foreign exchange contracts

   $ (15 ) Interest and other, net   $ —  
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​
               
Schedule of pre-tax effect of derivative instruments not designated as hedging instruments on the Consolidated Statements of Earnings

 

 

 
   Gain (Loss) Recognized in Earnings on Derivatives  
 
   Location   Three months ended
January 31, 2014		  
 
    
   In millions
  

Foreign exchange contracts

   Interest and other, net   $ 190  

Other derivatives

   Interest and other, net     (10 )

Interest rate contracts

   Interest and other, net     —  
           
​ ​ ​ ​ ​ ​ ​

Total

       $ 180  
           
​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​
           

 

 
   Gain (Loss) Recognized in Earnings on Derivatives  
 
   Location   Three months ended
January 31, 2013		  
 
    
   In millions
  

Foreign exchange contracts

   Interest and other, net   $ (40 )

Other derivatives

   Interest and other, net     7  

Interest rate contracts

   Interest and other, net     2  
           
​ ​ ​ ​ ​ ​ ​

Total

       $ (31 )
           
​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​