v3.26.1
DERIVATIVES (Tables)
 6 Months Ended
Apr. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Aggregated notional amounts by currency and designation The aggregated notional amounts by currency and designation as of April 30, 2026 were as follows:
 Derivatives in Cash Flow Hedging RelationshipsDerivatives Not Designated as Hedging Instruments
 Forward
Contracts		Forward
Contracts
CurrencyBuy/(Sell)Buy/(Sell)
 (in millions)
Euro$11 $154 
Pounds Sterling10 333 
Singapore Dollar32 14 
Malaysian Ringgit137 16 
Japanese Yen(138)(114)
Other currencies(25)32 
Total$27 $435 
Gross fair values and balance sheet location of derivative instruments held in the consolidated balance sheet
Derivative instruments are subject to master netting arrangements and are disclosed at their gross fair value in the condensed consolidated balance sheet. The gross fair values and balance sheet presentation of derivative instruments held as of April 30, 2026 and October 31, 2025 were as follows:
Fair Values of Derivative Instruments
Assets DerivativesLiabilities Derivatives
Fair Value Fair Value
Balance Sheet LocationApril 30, 2026October 31, 2025Balance Sheet LocationApril 30, 2026October 31, 2025
(in millions)
Derivatives designated as hedging instruments: 
Fair value hedges
Interest rate swap contracts
Other assets$— $— Other long-term liabilities$4 $— 
Cash flow hedges
Foreign exchange contracts     
Other current assets6 9 Other accrued liabilities3 2 
Net investment hedges
Cross-currency swap contracts
Other assets— — Other long-term liabilities9 — 
Derivatives not designated as hedging instruments: 
Foreign exchange contracts     
Other current assets12 5 Other accrued liabilities6 6 
Total derivatives$18 $14  $22 $8 
Effect of derivative instruments for foreign exchange contracts in the consolidated statement of operations
The effect of derivative instruments for contracts designated as hedging instruments and not designated as hedging instruments in the condensed consolidated statement of operations was as follows:
Three Months EndedSix Months Ended
April 30,April 30,
2026202520262025
 (in millions)
Derivatives designated as hedging instruments:  
Cash flow hedges
Gain (loss) recognized in accumulated other comprehensive income (loss)$— $(2)$7 $(3)
Gain (loss) reclassified from accumulated other comprehensive income (loss) into earnings:
Cost of products$4 $2 $8 $4 
Selling, general and administrative$2 $— $3 $— 
Interest expense$2 $2 $5 $5 
Gain (loss) excluded from effectiveness testing recognized in earnings based on amortization approach:
Cost of products$1 $1 $2 $2 
Net investment hedges
Gain (loss) recognized in accumulated other comprehensive income (loss)$9 $— $(9)$— 
Gain (loss) excluded from effectiveness testing recognized in earnings:
Interest expense$2 $— $2 $— 
Derivatives not designated as hedging instruments:
Gain (loss) recognized in other income (expense), net$(3)$127 $7 $55