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Employee Benefit Plans (Tables)
 12 Months Ended
Oct. 25, 2015
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 each fiscal year is presented below:
 
 
2015
 
2014
 
2013
 
 
 
 
 
 
 
(In millions, except percentages)
Change in projected benefit obligation
 
 
 
 
 
Beginning projected benefit obligation
$
479

 
$
445

 
$
434

Service cost
15

 
17

 
20

Interest cost
13

 
17

 
15

Plan participants’ contributions
1

 
1

 
1

Actuarial (gain) loss
12

 
62

 
(16
)
Curtailments, settlements and special termination benefits
(1
)
 
(26
)
 
(8
)
Foreign currency exchange rate changes
(39
)
 
(22
)
 
10

Benefits paid
(9
)
 
(12
)
 
(10
)
Plan amendments and business combinations
—

 
(3
)
 
(1
)
Ending projected benefit obligation
$
471

 
$
479

 
$
445

Ending accumulated benefit obligation
$
434

 
$
446

 
$
409

Range of assumptions to determine benefit obligations
 
 
 
 
 
Discount rate
0.9% - 4.4%

 
1.0% - 4.4%

 
1.1% - 4.5%

Rate of compensation increase
1.9% - 3.6%

 
2.0% - 4.0%

 
2.0% - 4.7%

Change in plan assets
 
 
 
 
 
Beginning fair value of plan assets
$
268

 
$
248

 
$
214

Return on plan assets
19

 
20

 
18

Employer contributions
21

 
48

 
24

Plan participants’ contributions
1

 
1

 
1

Foreign currency exchange rate changes
(18
)
 
(11
)
 
8

Divestitures, settlements and business combinations
(1
)
 
(26
)
 
(7
)
Benefits paid
(9
)
 
(12
)
 
(10
)
Ending fair value of plan assets
$
281

 
$
268

 
$
248

Funded status
$
(190
)
 
$
(211
)
 
$
(197
)
Amounts recognized in the consolidated balance sheets
 
 
 
 
 
Noncurrent asset
$
19

 
$
17

 
$
9

Current liability
(3
)
 
(3
)
 
(4
)
Noncurrent liability
(206
)
 
(225
)
 
(202
)
Total
$
(190
)
 
$
(211
)
 
$
(197
)
Estimated amortization from accumulated other comprehensive loss into net periodic benefit cost over the next fiscal period
 
 
 
 
 
Actuarial loss
$
6

 
$
6

 
$
4

Prior service cost credit
(1
)
 
—

 
—

Total
$
5

 
$
6

 
$
4

Amounts recognized in accumulated other comprehensive loss
 
 
 
 
 
Net actuarial loss
$
135

 
$
134

 
$
91

Prior service cost (credit)
—

 
(1
)
 
2

Total
$
135

 
$
133

 
$
93

Plans with projected benefit obligations in excess of plan assets
 
 
 
 
 
Projected benefit obligation
$
308

 
$
326

 
$
438

Fair value of plan assets
$
98

 
$
98

 
$
233

Plans with accumulated benefit obligations in excess of plan assets
 
 
 
 
 
Accumulated benefit obligation
$
274

 
$
297

 
$
269

Fair value of plan assets
$
98

 
$
98

 
$
99

 
 
2015
 
2014
 
Plan assets — allocation
 
 
 
 
Equity securities
39
%
 
39
%
 
Debt securities
42
%
 
38
%
 
Insurance contracts
14
%
 
15
%
 
Other investments
4
%
 
5
%
 
Cash
1
%
 
3
%
 
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 25, 2015
 
October 26, 2014
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In millions)
Equity securities
$
42

 
$
66

 
$
—

 
$
108

 
$
38

 
$
66

 
$
—

 
$
104

Debt securities
8

 
111

 
—

 
119

 
8

 
94

 
—

 
102

Insurance contracts
—

 
—

 
40

 
40

 
—

 
—

 
41

 
41

Other investments
—

 
12

 
—

 
12

 
—

 
12

 
—

 
12

Cash
2

 
—

 
—

 
2

 
9

 
—

 
—

 
9

Total
$
52

 
$
189

 
$
40

 
$
281

 
$
55

 
$
172

 
$
41

 
$
268
Activity in Level 3 instruments
The following table presents the activity in Level 3 instruments for each fiscal year:
 
2015
 
2014
 
 
 
 
 
 
 
(In millions)
Balance, beginning of year
$
41

 
$
47

 
Actual return on plan assets:
 
 
 
 
Relating to assets still held at reporting date
2

 
—

 
Purchases, sales, settlements, net
1

 
(2
)
 
Currency impact
(4
)
 
(4
)
 
Balance, end of year
$
40

 
$
41

 
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 each fiscal year is presented below:
 
 
2015
 
2014
 
2013
 
 
 
 
 
 
 
(In millions, except percentages)
Components of net periodic benefit cost
 
 
 
 
 
Service cost
$
15

 
$
17

 
$
20

Interest cost
13

 
17

 
15

Expected return on plan assets
(15
)
 
(14
)
 
(12
)
Amortization of actuarial loss and prior service credit
7

 
4

 
6

Settlement and curtailment loss
(1
)
 
3

 
—

Net periodic benefit cost
$
19

 
$
27

 
$
29

Weighted average assumptions
 
 
 
 
 
Discount rate
3.00
%
 
3.68
%
 
3.46
%
Expected long-term return on assets
5.62
%
 
5.64
%
 
5.38
%
Rate of compensation increase
2.74
%
 
3.29
%
 
3.07
%
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)
2016
$
15

2017
12

2018
11

2019
12

2020
12

2021-2025
72

 
$
134