Earnings Per Share (Tables)

6 Months Ended

Apr. 30, 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				Six Months Ended
	April 30, 2017		May 1, 2016		April 30, 2017		May 1, 2016
	(In millions, except per share amounts)
Numerator:
Net income	$	824	$	320	$	1,527	$	606
Denominator:
Weighted average common shares outstanding	1,078		1,113		1,078		1,130
Effect of dilutive stock options, restricted stock units and employee stock purchase plan shares	9		6		10		7
Denominator for diluted earnings per share	1,087		1,119		1,088		1,137
Basic earnings per share	$	0.76	$	0.29	$	1.42	$	0.54
Diluted earnings per share	$	0.76	$	0.29	$	1.40	$	0.53
Potentially dilutive securities	—		5		—		6