Earnings Per Share (Tables)

3 Months Ended

Jan. 29, 2017

Earnings Per Share [Abstract]

Elements used in computing both basic and diluted net earnings per share

Applied’s net income has not been adjusted for any period presented for purposes of computing basic or diluted earnings per share due to the Company’s non-complex capital structure.

	Three Months Ended
	January 29, 2017		January 31, 2016
	(In millions, except per share amounts)
Numerator:
Net income	$	703	$	286
Denominator:
Weighted average common shares outstanding	1,078		1,146
Effect of dilutive stock options, restricted stock units and employee stock purchase plan shares	11		8
Denominator for diluted earnings per share	1,089		1,154
Basic and diluted earnings per share	$	0.65	$	0.25
Potentially dilutive securities	—		2