Income Taxes Income Taxes (Tables)

12 Months Ended

Oct. 31, 2020

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) before income taxes in our Consolidated Statements of Operations:

	For the Years Ended October 31,
(in millions)	2020			2019		2018
Domestic	$	(476	)	$	220	$	246
Foreign	88			42		174
Income (loss) before income taxes	$	(388	)	$	262	$	420

Schedule of Components of Income Tax Expense (Benefit)

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

	For the Years Ended October 31,
(in millions)	2020			2019			2018
Current:
Federal	$	(1	)	$	2		$	—
State and local	(1		)	3			1
Foreign	23			46			47
Total current expense	$	21		$	51		$	48
Deferred:
Federal	$	(60	)	$	(1	)	$	(2	)
State and local	(15		)	(5		)	1
Foreign	(5		)	(26		)	5
Total deferred (benefit) expense	$	(80	)	$	(32	)	$	4
Total income tax (benefit) expense	$	(59	)	$	19		$	52

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) benefit in our Consolidated Statements of Operations:

	For the Years Ended October 31,
(in millions)	2020			2019			2018
Federal income tax (benefit) expense(A)	$	(81	)	$	55		$	98
State income taxes, net of federal benefit	2			2			3
Credits and incentives	11			16			50
Adjustments to valuation allowances	110			(94		)	(1,120		)
Foreign operations	(4		)	1			2
Adjustments to uncertain tax positions	(2		)	2			1
Intraperiod tax allocation offset to equity components	(75		)	(5		)	—
Non-controlling interest adjustment	(4		)	(5		)	(6		)
Foreign inclusions	(7		)	34			—
Tax law change	(20		)	—			—
Tax act mandatory repatriation	—			—			34
Tax act US deferred remeasurement	—			—			983
Other	11			13			7
Recorded income tax (benefit) expense	$	(59	)	$	19		$	52

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)	2020			2019
Deferred tax assets attributable to:
Employee benefits liabilities	$	501		$	578
Net operating loss ("NOL") carryforwards	801			782
Product liability and warranty accruals	151			165
Research and development	179			144
Tax credit carryforwards	183			196
Other	395			279
Gross deferred tax assets	2,210			2,144
Less: Valuation allowances	2,020			2,011
Net deferred tax assets	$	190		$	133
Deferred tax liabilities attributable to:
Other	$	(73	)	$	(18	)
Total deferred tax liabilities	$	(73	)	$	(18	)

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)	2020			2019
Liability for uncertain tax positions at November 1	$	21		$	27
Additions as a result of positions taken in prior periods	1			3
Decrease as a result of positions taken in prior periods	(2		)	(2		)
Settlements	—			(7		)
Liability for uncertain tax positions at October 31	$	20		$	21