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STOCKHOLDERS' EQUITY
 6 Months Ended
Apr. 30, 2026
Statement of Comprehensive Income [Abstract]  
STOCKHOLDERS EQUITY
14.    STOCKHOLDERS' EQUITY
Stock Repurchase Program
On November 24, 2025, our board of directors approved a new stock repurchase program, in replacement of the prior program approved in March 2023. The new stock repurchase program authorizes the company to expend up to $1,500 million to repurchase outstanding shares of common stock of the company. As of April 30, 2026, $1,192 million remained available to the company for this purpose. See “Issuer Purchases of Equity Securities” in Part II Item 2 for additional information.
Under our stock repurchase program, shares may be purchased from time to time, subject to general business and market conditions and other investment opportunities, through open market purchases, privately negotiated transactions, or other means. All such shares and related costs are held as treasury stock and accounted for at the trade date using the cost method. The stock repurchase program may be commenced, suspended, or discontinued at any time at the company’s discretion and does not have an expiration date.
For the six months ended April 30, 2026, we repurchased 1,201,136 shares of common stock for $307 million and accrued $2 million for the excise tax on share repurchases, net of issuances. For the six months ended April 30, 2025, we repurchased 1,490,118 shares of common stock for $225 million and accrued $1 million for the excise tax on share repurchases, net of issuances.
Accumulated Other Comprehensive Loss
Changes in accumulated other comprehensive loss by component and related tax effects for the three and six months ended April 30, 2026 and 2025 were as follows:
Foreign currency translationNet defined benefit pension cost and post-retirement plan costsGains (losses) on derivativesTotal
(in millions)
As of January 31, 2026$(13)$(268)$82 $(199)
Other comprehensive income (loss) before reclassifications(40)(2)— (42)
Amounts reclassified out of accumulated other comprehensive gain (loss)— (1)(8)(9)
Tax benefit (expense)(2)1 1 — 
Other comprehensive income (loss)(42)(2)(7)(51)
As of April 30, 2026$(55)$(270)$75 $(250)
As of October 31, 2025$(66)$(264)$82 $(248)
Other comprehensive income (loss) before reclassifications9 (2)7 14 
Amounts reclassified out of accumulated other comprehensive gain (loss)— (1)(16)(17)
Tax benefit (expense)2 (3)2 1 
Other comprehensive income (loss)11 (6)(7)(2)
As of April 30, 2026$(55)$(270)$75 $(250)
As of January 31, 2025$(209)$(317)$83 $(443)
Other comprehensive income (loss) before reclassifications152 — (2)150 
Amounts reclassified out of accumulated other comprehensive gain (loss)— 2 (4)(2)
Tax benefit (expense)— — 2 2 
Other comprehensive income (loss)152 2 (4)150 
As of April 30, 2025$(57)$(315)$79 $(293)
As of October 31, 2024$(136)$(317)$89 $(364)
Other comprehensive income (loss) before reclassifications79 — (3)76 
Amounts reclassified out of accumulated other comprehensive gain (loss)— 2 (9)(7)
Tax benefit (expense)— — 2 2 
Other comprehensive income (loss)79 2 (10)71 
As of April 30, 2025$(57)$(315)$79 $(293)
Reclassifications out of accumulated other comprehensive loss into earnings for the three and six months ended April 30, 2026 and 2025 were as follows:
Details about accumulated other comprehensive loss componentsAmounts reclassified from accumulated other comprehensive lossAffected line item in statement of operations
Three Months EndedSix Months Ended
April 30,April 30,
2026202520262025
(in millions)
Gain (loss) on derivatives$4 $2 $8 $4 Cost of products
2 — 3 — Selling, general and administrative
2 2 5 5 Interest expense
(2)(1)(4)(1)Benefit (provision) for income tax
$6 $3 $12 $8 Net of income tax
Net defined benefit pension cost and post-retirement plan costs:
Net actuarial loss$1 $(2)$1 $(2)Other income (expense), net
(1)— (1)— Benefit (provision) for income tax
$— $(2)$— $(2)Net of income tax
Total reclassifications for the period$6 $1 $12 $6 Net of income tax