ACQUISITION OF ANITE (Tables)

12 Months Ended

Oct. 31, 2015

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the preliminary allocation of the purchase price to the estimated fair values of the assets acquired and liabilities assumed on the closing date of August 13, 2015 (in millions):



Cash and cash equivalents	$	43
Accounts receivable	32
Inventory	19
Deferred tax assets	1
Other current assets	10
Property, plant and equipment	34
Intangible assets	244
Goodwill	317
Long-term deferred tax assets	4
Total assets acquired	704
Accounts payable	(10		)
Employee compensation and benefits	(3		)
Deferred revenue	(17		)
Income and other taxes payable	(1		)
Other accrued liabilities	(20		)
Other long-term liabilities	(50		)
Net assets acquired	$	603

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The components of intangible assets acquired in connection with the Anite acquisition were as follows (in millions):



	Estimated Fair Value		Estimated useful life
Developed product technology	$	182	6 years
Customer relationships	31		8 years
Tradenames and trademarks	19		10 years
Total intangible assets subject to amortization	232
In-process research and development	12
Total intangible assets	$	244

Business Acquisition, Pro Forma Information

The following represents pro forma operating results as if Anite had been included in the company's combined and consolidated statements of operations as of the beginning of fiscal 2014 (in millions, except per share amounts):



	2015		2014
Net revenue	$	2,998	$	3,096
Net income	$	510	$	422
Net income per share - Basic	$	3.02	$	2.53
Net income per share - Diluted	$	2.98	$	2.53