Employee Benefit Plans (Tables)

12 Months Ended

Oct. 28, 2012

Compensation and Retirement Disclosure [Abstract]

Changes in benefit obligations and plan assets including post-retirement benefits

A summary of the changes in benefit obligations and plan assets, which includes post-retirement benefits, for fiscal 2012 and 2011 is presented below.

	2012			2011
	(In millions, except percentages)
Change in projected benefit obligation
Beginning projected benefit obligation	$	303		$	309
Service cost	16			15
Interest cost	14			14
Plan participants’ contributions	1			1
Actuarial (gain) loss	96			(26		)
Curtailments, settlements and special termination benefits	(3		)	(9		)
Foreign currency exchange rate changes	(4		)	5
Benefits paid	(7		)	(8		)
Plan amendments and business combinations	18			2
Ending projected benefit obligation	$	434		$	303
Ending accumulated benefit obligation	$	395		$	273
Range of assumptions to determine benefit obligations
Discount rate	1.3% - 4.7%			1.7% - 6.5%
Rate of compensation increase	2.0% - 8.0%			2.0% - 5.0%
Change in plan assets
Beginning fair value of plan assets	$	183		$	162
Return on plan assets	14			3
Employer contributions	31			26
Plan participants’ contributions	1			1
Foreign currency exchange rate changes	(4		)	2
Divestitures, settlements and business combinations	(4		)	(3		)
Benefits paid	(7		)	(8		)
Ending fair value of plan assets	$	214		$	183
Funded status	$	(220	)	$	(120	)
Amounts recognized in the consolidated balance sheets
Noncurrent asset	$	5		$	13
Current liability	(4		)	(3		)
Noncurrent liability	(221		)	(130		)
Total	$	(220	)	$	(120	)
Estimated amortization from accumulated other comprehensive loss into net periodic benefit cost over the next fiscal year
Actuarial loss	$	6		$	1
Prior service cost (credit)	(1		)	—
Total	$	5		$	1
Amounts recognized in accumulated other comprehensive loss
Net actuarial loss	$	117		$	27
Prior service cost (credit)	(3		)	(4		)
Total	$	114		$	23
Plans with projected benefit obligations in excess of plan assets
Projected benefit obligation	$	428		$	259
Fair value of plan assets	$	202		$	126
Plans with accumulated benefit obligations in excess of plan assets
Accumulated benefit obligation	$	389		$	225
Fair value of plan assets	$	202		$	116

	2012		2011
Plan assets — allocation
Equity securities	37	%	37	%
Debt securities	33	%	28	%
Insurance contracts	23	%	26	%
Commingled funds	5	%	5	%
Cash	2	%	4	%

Summary of ending fair value of the plan assets

The following table presents a summary of the ending fair value of the plan assets:

	October 28, 2012								October 30, 2011
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	(In millions)
Equity securities	$	79	$	—	$	—	$	79	$	67	$	—	$	—	$	67
Debt securities	70		—		—		70		51		—		—		51
Insurance contracts	—		—		49		49		—		—		48		48
Commingled funds	—		12		—		12		—		10		—		10
Cash	4		—		—		4		7		—		—		7
Total	$	153	$	12	$	49	$	214	$	125	$	10	$	48	$	183

Activity in Level 3 instruments

The following table presents the activity in Level 3 instruments during fiscal 2012 and 2011:

	2012			2011
	(In millions)
Balance, beginning of year	$	48		$	44
Actual return on plan assets:
Relating to assets still held at reporting date	1			1
Purchases, sales, settlements, net	3			2
Currency impact	(3		)	1
Balance, end of year	$	49		$	48

Components of net periodic benefit costs of defined and postretirement benefit plans

A summary of the components of net periodic benefit costs and the weighted average assumptions used for net periodic benefit cost and benefit obligation calculations for fiscal 2012, 2011 and 2010 is presented below.

	2012			2011			2010
	(In millions, except percentages)
Components of net periodic benefit cost
Service cost	$	16		$	15		$	13
Interest cost	14			14			13
Expected return on plan assets	(11		)	(11		)	(7		)
Amortization of actuarial loss and prior service credit	—			2			1
Settlement and curtailment loss (gain)	6			(2		)	1
Net periodic benefit cost	$	25		$	18		$	21
Weighted average assumptions
Discount rate	4.53		%	4.33		%	4.76		%
Expected long-term return on assets	5.91		%	6.39		%	6.92		%
Rate of compensation increase	3.09		%	3.42		%	3.30		%

Schedule of Expected Benefit Payments

Future expected benefit payments for the pension plans and the post-retirement plan over the next ten fiscal years are as follows:

	Benefit Payments
	(In millions)
2013	$	12
2014	13
2015	14
2016	14
2017	15
2018-2022	87
	$	155