Balance Sheet Detail

9 Months Ended

Jul. 26, 2020

Balance Sheet Detail [Abstract]

Balance Sheet Detail

Balance Sheet Detail

	July 26, 2020		October 27, 2019
	(In millions)
Inventories
Customer service spares	$	1,217	$	1,245
Raw materials	892		802
Work-in-process	662		575
Finished goods	1,181		852
	$	3,952	$	3,474

Included in finished goods inventory are $6 million as of July 26, 2020, and $13 million as of October 27, 2019, of newly-introduced systems at customer locations where the sales transaction did not meet Applied’s revenue recognition criteria as set forth in Note 1. Finished goods inventory includes $413 million and $318 million of evaluation inventory as of July 26, 2020 and October 27, 2019, respectively.

	July 26, 2020		October 27, 2019
	(In millions)
Other Current Assets
Prepaid income taxes and income taxes receivable	$	159	$	96
Prepaid expenses and other	575		485
	$	734	$	581

	Useful Life	July 26, 2020		October 27, 2019
	(In years)	(In millions)
Property, Plant and Equipment, Net
Land and improvements		$	255	$	254
Buildings and improvements	3-30	1,650		1,590
Demonstration and manufacturing equipment	3-5	1,595		1,505
Furniture, fixtures and other equipment	3-5	633		602
Construction in progress		152		120
Gross property, plant and equipment		4,285		4,071
Accumulated depreciation		(2,755)		(2,542)
		$	1,530	$	1,529

	July 26, 2020		October 27, 2019
	(In millions)
Deferred Income Taxes and Other Assets
Non-current deferred income taxes and income taxes receivable	$	1,699	$	1,766
Operating lease right-of-use assets	254		—
Other assets	271		265
	$	2,224	$	2,031

	July 26, 2020		October 27, 2019
	(In millions)
Accounts Payable and Accrued Expenses
Accounts payable	$	1,118	$	958
Compensation and employee benefits	723		559
Warranty	199		196
Dividends payable	201		192
Income taxes payable	74		160
Other accrued taxes	27		55
Interest payable	53		38
Operating lease liabilities, current	63		—
Other	437		353
	$	2,895	$	2,511

	July 26, 2020		October 27, 2019
	(In millions)
Other Liabilities
Defined and postretirement benefit plans	$	222	$	212
Operating lease liabilities, non-current	196		—
Other	215		163
	$	633	$	375