Income Taxes Income Taxes (Tables)

12 Months Ended

Oct. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The following table presents the domestic and foreign components of Income (loss) from continuing operations before income taxes in our Consolidated Statements of Operations:

	For the Years Ended October 31,
(in millions)	2019		2018		2017
Domestic	$	220	$	246	$	(74	)
Foreign	42		174		138
Income from continuing operations before income taxes	$	262	$	420	$	64

Schedule of Components of Income Tax Expense (Benefit)

The following table presents the components of Income tax expense in our Consolidated Statements of Operations:

	For the Years Ended October 31,
(in millions)	2019			2018			2017
Current:
Federal	$	2		$	—		$	(4	)
State and local	3			1			(10		)
Foreign	46			47			30
Total current expense	$	51		$	48		$	16
Deferred:
Federal	$	(1	)	$	(2	)	$	(19	)
State and local	(5		)	1			(4		)
Foreign	(26		)	5			17
Total deferred (benefit) expense	$	(32	)	$	4		$	(6	)
Total income tax expense	$	19		$	52		$	10

Schedule of Effective Income Tax Rate Reconciliation

The following table presents a reconciliation of statutory federal income tax expense (benefit) recorded in Income tax expense in our Consolidated Statements of Operations:

	For the Years Ended October 31,
(in millions)	2019			2018			2017
Federal income tax expense(A)	$	55		$	98		$	22
State income taxes, net of federal benefit	2			3			3
Credits and incentives	16			50			(8		)
Adjustments to valuation allowances	(94		)	(1,120		)	57
Foreign operations	1			2			(4		)
Adjustments to uncertain tax positions	2			1			(15		)
Intraperiod tax allocation offset to equity components	(5		)	—			(28		)
Non-controlling interest adjustment	(5		)	(6		)	(9		)
Foreign Inclusions	34			—			—
Tax Act Mandatory Repatriation	—			34			—
Tax Act US Deferred Remeasurement	—			983			—
Other	13			7			(8		)
Recorded income tax expense	$	19		$	52		$	10

Schedule of Deferred Tax Assets and Liabilities

The following table presents the components of the deferred tax asset (liability):

	As of October 31,
(in millions)	2019			2018
Deferred tax assets attributable to:
Employee benefits liabilities	$	578		$	615
Net operating loss ("NOL") carryforwards	782			979
Product liability and warranty accruals	165			172
Research and development	144			114
Tax credit carryforwards	196			212
Other	279			238
Gross deferred tax assets	2,144			2,330
Less: Valuation allowances	2,011			2,182
Net deferred tax assets	$	133		$	148
Deferred tax liabilities attributable to:
Other	$	(18	)	$	(27	)
Total deferred tax liabilities	$	(18	)	$	(27	)

Summary of Positions for which Significant Change in Unrecognized Tax Benefits is Reasonably Possible

Changes in the liability for uncertain tax positions are summarized as follows:

	For the years ended October 31,
(in millions)	2019			2018
Liability for uncertain tax positions at November 1	$	27		$	34
Additions as a result of positions taken in prior periods	3			2
Decrease as a result of positions taken in prior periods	(2		)	(7		)
Settlements	(7		)	(2		)
Liability for uncertain tax positions at October 31	$	21		$	27