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Employee Benefit Plans (Tables)
 12 Months Ended
Oct. 27, 2013
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 2013 and 2012 is presented below.
 
 
2013
 
2012
 
 
 
 
 
(In millions, except percentages)
Change in projected benefit obligation
 
 
 
Beginning projected benefit obligation
$
434

 
$
303

Service cost
20

 
16

Interest cost
15

 
14

Plan participants’ contributions
1

 
1

Actuarial (gain) loss
(16
)
 
96

Curtailments, settlements and special termination benefits
(8
)
 
(3
)
Foreign currency exchange rate changes
10

 
(4
)
Benefits paid
(10
)
 
(7
)
Plan amendments and business combinations
(1
)
 
18

Ending projected benefit obligation
$
445

 
$
434

Ending accumulated benefit obligation
$
409

 
$
395

Range of assumptions to determine benefit obligations
 
 
 
Discount rate
1.1% - 4.5%

 
1.3% - 4.7%

Rate of compensation increase
2.0% - 4.7%

 
2.0% - 8.0%

Change in plan assets
 
 
 
Beginning fair value of plan assets
$
214

 
$
183

Return on plan assets
18

 
14

Employer contributions
24

 
31

Plan participants’ contributions
1

 
1

Foreign currency exchange rate changes
8

 
(4
)
Divestitures, settlements and business combinations
(7
)
 
(4
)
Benefits paid
(10
)
 
(7
)
Ending fair value of plan assets
$
248

 
$
214

Funded status
$
(197
)
 
$
(220
)
Amounts recognized in the consolidated balance sheets
 
 
 
Noncurrent asset
$
9

 
$
5

Current liability
(4
)
 
(4
)
Noncurrent liability
(202
)
 
(221
)
Total
$
(197
)
 
$
(220
)
Estimated amortization from accumulated other comprehensive loss into net periodic benefit cost over the next fiscal year
 
 
 
Actuarial loss
$
4

 
$
6

Prior service cost (credit)
—

 
(1
)
Total
$
4

 
$
5

Amounts recognized in accumulated other comprehensive loss
 
 
 
Net actuarial loss
$
91

 
$
117

Prior service cost (credit)
2

 
(3
)
Total
$
93

 
$
114

Plans with projected benefit obligations in excess of plan assets
 
 
 
Projected benefit obligation
$
438

 
$
428

Fair value of plan assets
$
233

 
$
202

Plans with accumulated benefit obligations in excess of plan assets
 
 
 
Accumulated benefit obligation
$
269

 
$
389

Fair value of plan assets
$
99

 
$
202

 
 
2013
 
2012
Plan assets — allocation
 
 
 
Equity securities
37
%
 
37
%
Debt securities
36
%
 
33
%
Insurance contracts
19
%
 
23
%
Commingled funds
5
%
 
5
%
Cash
3
%
 
2
%
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 27, 2013
 
October 28, 2012
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In millions)
Equity securities
$
92

 
$
—

 
$
—

 
$
92

 
$
79

 
$
—

 
$
—

 
$
79

Debt securities
90

 
—

 
—

 
90

 
70

 
—

 
—

 
70

Insurance contracts
—

 
—

 
47

 
47

 
—

 
—

 
49

 
49

Commingled funds
—

 
12

 
—

 
12

 
—

 
12

 
—

 
12

Cash
7

 
—

 
—

 
7

 
4

 
—

 
—

 
4

Total
$
189

 
$
12

 
$
47

 
$
248

 
$
153

 
$
12

 
$
49

 
$
214
Activity in Level 3 instruments
The following table presents the activity in Level 3 instruments during fiscal 2013 and 2012:
 
 
2013
 
2012
 
 
 
 
 
(In millions)
Balance, beginning of year
$
49

 
$
48

Actual return on plan assets:
 
 
 
Relating to assets still held at reporting date
(1
)
 
1

Purchases, sales, settlements, net
(4
)
 
3

Currency impact
3

 
(3
)
Balance, end of year
$
47

 
$
49
Schedule of net benefit costs and assumptions used
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 2013, 2012 and 2011 is presented below.
 
 
2013
 
2012
 
2011
 
 
 
 
 
 
 
(In millions, except percentages)
Components of net periodic benefit cost
 
 
 
 
 
Service cost
$
20

 
$
16

 
$
15

Interest cost
15

 
14

 
14

Expected return on plan assets
(12
)
 
(11
)
 
(11
)
Amortization of actuarial loss and prior service credit
6

 
—

 
2

Settlement and curtailment loss (gain)
—

 
6

 
(2
)
Net periodic benefit cost
$
29

 
$
25

 
$
18

Weighted average assumptions
 
 
 
 
 
Discount rate
3.46
%
 
4.53
%
 
4.33
%
Expected long-term return on assets
5.38
%
 
5.91
%
 
6.39
%
Rate of compensation increase
3.07
%
 
3.09
%
 
3.42
%
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)
2014
$
14

2015
14

2016
15

2017
15

2018
17

2019-2023
98

 
$
173