v3.25.2
Net Earnings (Loss) Per Share
9 Months Ended
Jul. 31, 2025
Earnings Per Share [Abstract]  
Net Earnings (Loss) Per Share Net Earnings (Loss) Per Share
The Company calculates basic net earnings (loss) per share (“EPS”) using net earnings (loss) and the weighted-average number of shares outstanding during the reporting period.
The reconciliations of the numerators and denominators of each of the basic and diluted net EPS calculations were as follows:
 For the three months ended July 31,For the nine months ended July 31,
 2025202420252024
 In millions, except per share amounts
Numerator:  
Net earnings (loss) attributable to common stockholders - Basic$276 $512 $(205)$1,213 
Plus: 7.625% Series C mandatory convertible preferred stock dividends
29 — — — 
Net earnings (loss) - Diluted$305 $512 $(205)$1,213 
Denominator:  
Weighted-average shares used to compute basic net EPS1,325 1,312 1,321 1,308 
Dilutive effect of employee stock plans(1)
16 20 — 17 
Dilutive effect of 7.625% Series C mandatory convertible preferred stock(1)
80 — — — 
Weighted-average shares used to compute diluted net EPS1,421 1,332 1,321 1,325 
Net EPS:
Basic$0.21 $0.39 $(0.16)$0.93 
Diluted$0.21 $0.38 $(0.16)$0.92 
Anti-dilutive Share Count(1)(2):
Employee stock plans18 — 55 — 
7.625% Series C mandatory convertible preferred stock
— — 78 — 
Total anti-dilutive weighted-average stock18 — 133 — 
(1)The impact of dilutive effect of employee stock plans is calculated under the treasury stock method, and the impact of dilutive effect of the 7.625% Series C mandatory convertible preferred stock (“Preferred Stock”) is calculated under the if-converted method. The effect of employee stock plans and Preferred Stock is excluded when calculating diluted net loss per share as it would be anti-dilutive.
(2)The Company excludes shares potentially issuable under employee stock plans that could dilute basic net EPS in the future from the calculation of diluted net EPS, as their effect, if included, would have been anti-dilutive for the periods presented.