Financial Instruments and Commodity Contracts (Tables)

6 Months Ended

Apr. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair value of derivatives recorded in the Consolidated Balance Sheets

The fair values of all derivatives are recorded as assets or liabilities on a gross basis in our Consolidated Balance Sheets. At April 30, 2012 and October 31, 2011, the fair values of our derivatives and their respective balance sheet locations are presented in the following tables:

	As of April 30, 2012
	Asset Derivatives			Liability Derivatives
(in millions)	Location in Consolidated Balance Sheets	Fair Value		Location in Consolidated Balance Sheets	Fair Value
Foreign currency contracts	Other current assets	$	—	Other current liabilities	$	1
Cross currency swaps	Other current assets	—		Other current liabilities	—
Commodity contracts	Other current assets	1		Other current liabilities	3
Total fair value		$	1		$	4
	As of October 31, 2011
	Asset Derivatives			Liability Derivatives
(in millions)	Location in Consolidated Balance Sheets	Fair Value		Location in Consolidated Balance Sheets	Fair Value
Foreign currency contracts	Other current assets	$	3	Other current liabilities	$	—
Cross currency swaps	Other current assets	—		Other current liabilities	4
Commodity contracts	Other current assets	1		Other current liabilities	6
Total fair value		$	4		$	10

Location and amount of gain (loss) recognized in income on derivatives

The location and amount of gain (loss) recognized in income on derivatives are as follows:

	Location in Consolidated  Statements of Operations	Amount of Gain (Loss) Recognized
		Three Months Ended April 30, 2012		Three Months Ended April 30, 2011
(in millions)
Cross currency swaps	Other expense (income), net	$	—	$	—
Foreign currency contracts	Other expense (income), net	1		2
Commodity forward contracts	Costs of products sold	—		5
Total gain		$	1	$	7

	Location in Consolidated  Statements of Operations	Amount of Gain (Loss) Recognized
		Six Months Ended April 30, 2012			Six Months Ended April 30, 2011
(in millions)
Cross currency swaps	Other expense (income), net	$	1		$	—
Foreign currency contracts	Other expense (income), net	(3		)	1
Commodity forward contracts	Costs of products sold	(1		)	22
Total gain (loss)		$	(3	)	$	23