Cash, Cash Equivalents and Investments (Tables)

3 Months Ended

Jan. 31, 2016

Cash and Cash Equivalents [Abstract]

Summary of cash, cash equivalents and investments

The following tables summarize Applied’s cash, cash equivalents and investments by security type:

January 31, 2016	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	1,861	$	—	$	—	$	1,861
Cash equivalents:
Money market funds	856		—		—		856
Non-U.S. government securities*	10		—		—		10
Municipal securities	71		—		—		71
Commercial paper, corporate bonds and medium-term notes	164		—		—		164
Total Cash equivalents	1,101		—		—		1,101
Total Cash and Cash equivalents	$	2,962	$	—	$	—	$	2,962
Short-term and long-term investments:
U.S. Treasury and agency securities	$	101	$	—	$	—	$	101
Non-U.S. government securities*	9		—		—		9
Municipal securities	408		2		—		410
Commercial paper, corporate bonds and medium-term notes	248		—		1		247
Asset-backed and mortgage-backed securities	274		—		—		274
Total fixed income securities	1,040		2		1		1,041
Publicly traded equity securities	33		19		1		51
Equity investments in privately-held companies	58		—		—		58
Total short-term and long-term investments	$	1,131	$	21	$	2	$	1,150
Total Cash, Cash equivalents and Investments	$	4,093	$	21	$	2	$	4,112

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* Includes agency debt securities guaranteed by non-U.S. governments, which consist of Canada and Germany.

October 25, 2015	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	1,010	$	—	$	—	$	1,010
Cash equivalents:
Money market funds	3,272		—		—		3,272
Non-U.S. government securities	60		—		—		60
Municipal securities	73		—		—		73
Commercial paper, corporate bonds and medium-term notes	382		—		—		382
Total Cash equivalents	3,787		—		—		3,787
Total Cash and Cash equivalents	$	4,797	$	—	$	—	$	4,797
Short-term and long-term investments:
U.S. Treasury and agency securities	$	84	$	—	$	—	$	84
Non-U.S. government securities	9		—		—		9
Municipal securities	384		2		—		386
Commercial paper, corporate bonds and medium-term notes	250		—		—		250
Asset-backed and mortgage-backed securities	262		—		—		262
Total fixed income securities	989		2		—		991
Publicly traded equity securities	28		17		—		45
Equity investments in privately-held companies	78		—		—		78
Total short-term and long-term investments	$	1,095	$	19	$	—	$	1,114
Total Cash, Cash equivalents and Investments	$	5,892	$	19	$	—	$	5,911

Contractual maturities of investments

The following table summarizes the contractual maturities of Applied’s investments at January 31, 2016:

	Cost		Estimated Fair  Value
	(In millions)
Due in one year or less	$	135	$	135
Due after one through five years	631		632
No single maturity date**	365		383
	$	1,131	$	1,150

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** Securities with no single maturity date include publicly-traded and privately-held equity securities, and asset-backed and mortgage-backed securities.