Cash, Cash Equivalents and Investments (Tables)

9 Months Ended

Jul. 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:

July 31, 2016	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	1,084	$	—	$	—	$	1,084
Cash equivalents:
Money market funds	1,380		—		—		1,380
U.S. Treasury and agency securities	40		—		—		40
Municipal securities	167		—		—		167
Commercial paper, corporate bonds and medium-term notes	157		—		—		157
Total Cash equivalents	1,744		—		—		1,744
Total Cash and Cash equivalents	$	2,828	$	—	$	—	$	2,828
Short-term and long-term investments:
U.S. Treasury and agency securities	$	253	$	—	$	—	$	253
Non-U.S. government securities*	20		—		—		20
Municipal securities	409		3		—		412
Commercial paper, corporate bonds and medium-term notes	306		1		—		307
Asset-backed and mortgage-backed securities	264		1		1		264
Total fixed income securities	1,252		5		1		1,256
Publicly traded equity securities	33		48		4		77
Equity investments in privately-held companies	65		—		—		65
Total short-term and long-term investments	$	1,350	$	53	$	5	$	1,398
Total Cash, Cash equivalents and Investments	$	4,178	$	53	$	5	$	4,226

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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 July 31, 2016:

	Cost		Estimated Fair  Value
	(In millions)
Due in one year or less	$	422	$	422
Due after one through five years	566		570
No single maturity date**	362		406
	$	1,350	$	1,398

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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.