Cash, Cash Equivalents and Investments (Tables)

6 Months Ended

Apr. 30, 2017

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:

April 30, 2017	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	1,190	$	—	$	—	$	1,190
Cash equivalents:
Money market funds	2,637		—		—		2,637
U.S. Treasury and agency securities	5		—		—		5
Municipal securities	193		—		—		193
Commercial paper, corporate bonds and medium-term notes	919		—		—		919
Total Cash equivalents	3,754		—		—		3,754
Total Cash and Cash equivalents	$	4,944	$	—	$	—	$	4,944
Short-term and long-term investments:
U.S. Treasury and agency securities	$	531	$	—	$	1	$	530
Non-U.S. government securities*	162		—		—		162
Municipal securities	847		1		—		848
Commercial paper, corporate bonds and medium-term notes	768		1		1		768
Asset-backed and mortgage-backed securities	293		—		—		293
Total fixed income securities	2,601		2		2		2,601
Publicly traded equity securities	24		63		—		87
Equity investments in privately-held companies	73		—		—		73
Total short-term and long-term investments	$	2,698	$	65	$	2	$	2,761
Total Cash, Cash equivalents and Investments	$	7,642	$	65	$	2	$	7,705

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

October 30, 2016	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	1,103	$	—	$	—	$	1,103
Cash equivalents:
Money market funds	1,889		—		—		1,889
U.S. Treasury and agency securities	10		—		—		10
Non-U.S. government securities*	10		—		—		10
Municipal securities	253		—		—		253
Commercial paper, corporate bonds and medium-term notes	141		—		—		141
Total Cash equivalents	2,303		—		—		2,303
Total Cash and Cash equivalents	$	3,406	$	—	$	—	$	3,406
Short-term and long-term investments:
U.S. Treasury and agency securities	$	195	$	—	$	—	$	195
Non-U.S. government securities*	5		—		—		5
Municipal securities	408		—		—		408
Commercial paper, corporate bonds and medium-term notes	273		1		—		274
Asset-backed and mortgage-backed securities	253		1		1		253
Total fixed income securities	1,134		2		1		1,135
Publicly traded equity securities	26		44		3		67
Equity investments in privately-held companies	70		—		—		70
Total short-term and long-term investments	$	1,230	$	46	$	4	$	1,272
Total Cash, Cash equivalents and Investments	$	4,636	$	46	$	4	$	4,678

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

Contractual maturities of investments

The following table summarizes the contractual maturities of Applied’s investments at April 30, 2017:

	Cost		Estimated Fair  Value
	(In millions)
Due in one year or less	$	1,777	$	1,778
Due after one through five years	531		530
No single maturity date**	390		453
	$	2,698	$	2,761

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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.