v3.26.1
Borrowings
 9 Months Ended
Jul. 31, 2026
Debt Disclosure [Abstract]  
Borrowings Borrowings
Notes Payable, Short-Term Borrowings and Long-Term Debt    
Notes payable, short-term borrowings, including the current portion of long-term debt, and long-term debt were as follows:
As of
July 31, 2026October 31, 2025
In millions
Current portion of long-term debt(1)
$2,137 $3,796 
Commercial paper622 681 
Notes payable to banks, lines of credit and other142 132 
Total notes payable and short-term borrowings2,901 4,609 
Long-term debt17,343 17,756 
Total$20,244 $22,365 
(1)    As of July 31, 2026 and October 31, 2025, the Current portion of long-term debt, net of discount and issuance costs, included $0.9 billion and $1.2 billion respectively, both associated with the asset-backed debt securities issued by the Company.
Financing arrangements
The Company maintains two commercial paper programs (the “Parent Programs”) and third program managed by a wholly-owned subsidiary, together with a revolving credit facility, and an uncommitted credit facility. There have been no changes to either of these financing arrangements since October 31, 2025. As of July 31, 2026 and October 31, 2025, no borrowings were outstanding under the Parent Programs, the revolving credit facility, or the uncommitted credit facility. Outstanding borrowings under the subsidiary’s commercial paper program were $622 million and $681 million, respectively.
Juniper Networks Acquisition Financing
In March 2026, the Company prepaid $1.25 billion against the outstanding balance under the three-year delayed draw term loan credit facility. In May 2026, the Company repaid the remaining $0.75 billion that was outstanding under this facility. The repayments were made at par, along with accrued interest.