Summary of Restructuring Plans. In fiscal years 2026 and 2025, we announced two separate restructuring plans designed to optimize our management structure to better serve our customers. These actions impact all three of our business segments. The costs associated with these restructuring plans 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 revenues and operating expenses over the three business segments.

A summary of our aggregate liability relating to the fiscal year 2026 and 2025 restructuring plans and the total restructuring expense since inception of each plan are shown in the table below:


		Workforce Reduction Total
	(in millions)
Balance at October 31, 2025		$	18
Income statement expense		20
Non-cash settlement (accelerated share-based compensation expense)		(3)
Cash payments		(19)
Balance at January 31, 2026		$	16
Income statement expense		8
Non-cash settlement (accelerated share-based compensation expense)		(3)
Cash payments		(16)

Balance at April 30, 2026		$	5
Income statement expense		15
Non-cash settlement (accelerated share-based compensation expense)		(1)
Cash payments		(6)

Balance at July 31, 2026		$	13

Restructuring expense since inception of plan:
Fiscal Year 2026 Plan		$	15
Fiscal Year 2025 Plan		109
Total restructuring expense since inception of all plans		$	124

The aggregate restructuring liability of $13 million at July 31, 2026, is recorded in other accrued liabilities on the condensed consolidated balance sheet and reflects estimated future cash outlays.


	Three Months Ended				Nine Months Ended
	July 31,				July 31,
	2026		2025		2026		2025
	(in millions)
Cost of products and services	$	1	$	7	$	9	$	22
Research and development	3		—		3		3
Selling, general and administrative	11		10		31		49
Total restructuring expense	$	15	$	17	$	43	$	74

In the third quarter of fiscal year 2026, we implemented a new restructuring plan designed to optimize our management structure to better serve our customers. The expenses associated with this workforce reduction include severance and other personnel-related costs. We expect to substantially complete these restructuring activities by the first quarter of fiscal year 2027.

In connection with the FY26 Plan, we have recorded approximately $15 million in restructuring and other related costs in both the three and nine months ended July 31, 2026.


		Workforce Reduction Total
	(in millions)









Balance at April 30, 2026		$	—
Income statement expense		15
Non-cash settlement (accelerated share-based compensation expense)		(1)
Cash payments		(5)

Balance at July 31, 2026		$	9

Total restructuring expense since inception of FY26 Plan		$	15

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. We expect to substantially complete these restructuring activities by the end of fiscal year 2026.

In connection with the FY25 Plan, we have recorded approximately zero and $28 million, respectively, in restructuring and other related costs in the three and nine months ended July 31, 2026.


		Workforce Reduction Total
	(in millions)
Balance at October 31, 2025		$	18
Income statement expense		20
Non-cash settlement (accelerated share-based compensation expense)		(3)
Cash payments		(19)
Balance at January 31, 2026		16
Income statement expense		8
Non-cash settlement (accelerated share-based compensation expense)		(3)
Cash payments		(16)

Balance at April 30, 2026		5


Cash payments		(1)

Balance at July 31, 2026		$	4

Total restructuring expense since inception of FY25 Plan		$	109