v3.26.1
DERIVATIVES (Tables)
 9 Months Ended
Jul. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Aggregated notional amounts by designation
The number of open foreign exchange forward contracts and aggregated notional amounts by designation as of July 31, 2026 were as follows:

Number of Open Forward
Contracts 		Aggregate Notional Amount
USD
Buy/(Sell)
($ in millions)
Derivatives designated as hedging instruments:
Cash Flow Hedges
Foreign exchange forward contracts399$(537)
Net Investment Hedges
Foreign exchange forward contracts5$(155)
Derivatives not designated as hedging instruments:
Foreign exchange forward contracts191$(140)
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 gross in the balance sheets in accordance with the authoritative guidance.
The gross fair values and balance sheet location of derivative instruments held in the condensed consolidated balance sheets as of July 31, 2026, and October 31, 2025, were as follows:

Fair Values of Derivative Instruments
Asset DerivativesLiability Derivatives
Fair ValueFair Value
Balance Sheet LocationJuly 31,
2026		October 31, 2025Balance Sheet LocationJuly 31,
2026		October 31,
2025
(in millions)
Derivatives designated as hedging instruments:
Cash flow hedges
Foreign exchange contracts
Other current assets$5 $9 Other accrued liabilities$6 $3 
Net investment hedges
Foreign exchange contracts
Other current assets$1 $— Other accrued liabilities$— $— 
Derivatives not designated as hedging instruments:
Foreign exchange contracts
Other current assets$3 $5 Other accrued liabilities$3 $7 
Total derivatives$9 $14 $9 $10 
Effect of derivative instruments for foreign exchange contracts in the consolidated statement of operations
The effects of derivative instruments for foreign exchange contracts designated as hedging instruments and not designated as hedging instruments in our condensed consolidated statement of operations were as follows:
Three Months EndedNine Months Ended
July 31,July 31,
2026202520262025
(in millions)
Derivatives designated as hedging instruments:
Cash Flow Hedges
Foreign exchange contracts:
Gain (loss) recognized in accumulated other comprehensive income (loss)$(1)$3 $(5)$(1)
Gain (loss) reclassified from accumulated other comprehensive income (loss) into cost of revenue$1 $(7)$— $(1)
Gain (loss) reclassified from accumulated other comprehensive income (loss) into interest expense$— $— $(1)$(1)
Gain (loss) on time value of forward contracts recorded in cost of revenue$2 $2 $6 $5 
Net Investment Hedges
Foreign exchange contracts:
Gain (loss) recognized in accumulated other comprehensive income (loss) - translation adjustment$— $— $— $(1)
Gain (loss) on time value of forward contracts recorded in other income (expense), net$1 $— 1 — 
Derivatives not designated as hedging instruments:
Gain (loss) recognized in other income (expense), net$(3)$— $(5)$9