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Financial Instruments and Commodity Contracts (Tables)
3 Months Ended
Jan. 31, 2013
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. The fair values of our derivatives and their respective balance sheet locations are presented in the following tables:
 
January 31, 2013
 
Asset Derivatives
 
Liability Derivatives
(in millions)
Location in
Consolidated Balance Sheets
 
Fair Value
 
Location in
Consolidated Balance Sheets
 
Fair Value
Commodity contracts
Other current assets
 
$

 
Other current liabilities
 
$
3

Foreign currency contracts
Other current assets
 
2

 
Other current liabilities
 
1

Total fair value
 
$
2

 
 
 
$
4

 
 
 
 
 
 
 
 
 
October 31, 2012
 
Asset Derivatives
 
Liability Derivatives
(in millions)
Location in
Consolidated Balance Sheets
 
Fair Value
 
Location in
Consolidated Balance Sheets
 
Fair Value
Commodity contracts
Other current assets
 
$

 
Other current liabilities
 
$
3

Commodity contracts
Other noncurrent assets
 

 
Other noncurrent liabilities
 
2

Total fair value
 
$

 
 
 
$
5

Location and amount of gain (loss) recognized in income on derivatives
The location and amount of loss (gain) recognized in income on derivatives are as follows:
 
Location in Consolidated 
Statements of Operations
 
Three Months Ended January 31,
(in millions)
2013
 
2012
Cross currency swaps
Other expense (income), net
 
$

 
$
1

Foreign currency contracts
Other expense (income), net
 
1

 
(4
)
Commodity forward contracts
Costs of products sold
 

 
(1
)
Total loss (gain)
 
$
1

 
$
(4
)