Balance Sheet Detail

3 Months Ended

Jan. 31, 2021

Balance Sheet Detail [Abstract]

Balance Sheet Detail

Balance Sheet Detail

	January 31, 2021		October 25, 2020
	(In millions)
Inventories
Customer service spares	$	1,290	$	1,270
Raw materials	879		870
Work-in-process	687		624
Finished goods	1,069		1,140
	$	3,925	$	3,904

Included in finished goods inventory are $21 million as of January 31, 2021, and $16 million as of October 25, 2020, 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 $396 million and $416 million of evaluation inventory as of January 31, 2021 and October 25, 2020, respectively.

	January 31, 2021		October 25, 2020
	(In millions)
Other Current Assets
Prepaid income taxes and income taxes receivable	$	167	$	162
Prepaid expenses and other	509		602
	$	676	$	764

	Useful Life	January 31, 2021		October 25, 2020
	(In years)	(In millions)
Property, Plant and Equipment, Net
Land and improvements		$	271	$	256
Buildings and improvements	3-30	1,662		1,655
Demonstration and manufacturing equipment	3-5	1,660		1,586
Furniture, fixtures and other equipment	3-5	670		646
Construction in progress		232		237
Gross property, plant and equipment		4,495		4,380
Accumulated depreciation		(2,857)		(2,776)
		$	1,638	$	1,604

	January 31, 2021		October 25, 2020
	(In millions)
Deferred Income Taxes and Other Assets
Non-current deferred income taxes	$	1,684	$	1,711
Operating lease right-of-use assets	241		252
Income tax receivables and other assets	253		260
	$	2,178	$	2,223

	January 31, 2021		October 25, 2020
	(In millions)
Accounts Payable and Accrued Expenses
Accounts payable	$	1,076	$	1,124
Compensation and employee benefits	532		800
Warranty	196		201
Dividends payable	202		201
Income taxes payable	210		222
Other accrued taxes	12		33
Interest payable	55		36
Operating lease liabilities, current	63		64
Other	586		457
	$	2,932	$	3,138

	January 31, 2021		October 25, 2020
	(In millions)
Other Liabilities
Defined and postretirement benefit plans	$	247	$	241
Operating lease liabilities, non-current	186		195
Other	236		226
	$	669	$	662