v3.26.1
RESTRUCTURING AND OTHER RELATED COSTS (Notes)
 6 Months Ended
Apr. 30, 2026
Restructuring and Related Activities [Abstract]  
Restructuring and Related Activities Disclosure RESTRUCTURING AND OTHER RELATED COSTS
Fiscal Year 2025 Plan ("FY25 Plan")

In the second quarter of fiscal year 2025, we announced a restructuring plan designed to optimize our management structure to better serve our customers. The expense associated with this workforce reduction includes severance and other personnel-related costs. These actions impact all three of our business segments. The costs associated with this restructuring plan were not allocated to our business segments' results; however, each business segment will benefit from the future cost savings from these actions. When completed, the restructuring programs are expected to result in the reduction in annual cost of revenue and operating expenses over the three business segments.
A summary of our aggregate liability relating to the fiscal year 2025 restructuring plan and the total restructuring expense since inception of the plan are shown in the table below:

Workforce Reduction
Total
(in millions)
Balance at October 31, 2025$18 
Income statement expense20 
Non-cash settlement (accelerated share-based compensation expense)(3)
Cash payments(19)
Balance at January 31, 2026$16 
Income statement expense8 
Non-cash settlement (accelerated share-based compensation expense)(3)
Cash payments(16)
Balance at April 30, 2026$5 
Total restructuring expense since inception of FY25 Plan$109 

In connection with the FY25 Plan, we have recorded approximately $8 million and $28 million, respectively, in restructuring and other related costs in the three and six months ended April 30, 2026. The restructuring liability of $5 million at April 30, 2026, is recorded in other accrued liabilities on the condensed consolidated balance sheet and reflects estimated future cash outlays. We expect to substantially complete these restructuring activities by the end of fiscal year 2026.

A summary of the charges in the condensed consolidated statement of operations resulting from restructuring activity is shown below:


Three Months EndedSix Months Ended
April 30,April 30,
2026202520262025
(in millions)
Cost of products and services$3 $15 $8 $15 
Research and development— 3 — 3 
Selling, general and administrative(1)
5 38 20 39 
Total restructuring expense$8 $56 $28 $57 
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(1) For the six months ended April 30, 2025, selling, general and administrative expense includes restructuring expense of $1 million related to the fiscal year 2024 restructuring plan that was completed in fiscal year 2025.