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RETIREMENT PLANS AND POST RETIREMENT PENSION PLANS (Tables)

12 Months Ended

Oct. 31, 2015

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Schedule of Defined Benefit Plans Disclosures

For the years ended October 31, 2015, 2014 and 2013, components of net periodic benefit cost (benefit) and other amounts recognized in other comprehensive income were comprised of:

	Defined Benefit Plans																								U.S. Post-Retirement Benefit Plan
	U.S. Plans												Non-U.S. Plans
	2015				2014				2013				2015				2014				2013				2015				2014				2013
	(in millions)
Net periodic benefit cost (benefit)
Service cost — benefits earned during the period	$	22			$	5			$	—			$	18			$	4			$	—			$	1			$	—			$	—
Interest cost on benefit obligation	20				5				—				41				11				—				7				2				—
Expected return on plan assets	(38		)		(10		)		—				(72		)		(19		)		—				(13		)		(4		)		—
Amortization of net actuarial loss	4				1				—				27				7				—				12				2				—
Amortization of prior service credit	(7		)		(1		)		—				(1		)		—				—				(21		)		(5		)		—
Net periodic benefit cost (benefit)	1				—				—				13				3				—				(14		)		(5		)		—
Allocated benefit cost (benefit) from Agilent	—				3				9				—				9				23				—				(9		)		(10		)
Total periodic benefit cost (benefit)	$	1			$	3			$	9			$	13			$	12			$	23			$	(14	)		$	(14	)		$	(10	)
Other changes in plan assets and benefit obligations recognized in other comprehensive (income) loss
Prior service credits assumed at the Capitalization	$	—			$	(33	)		$	—			$	—			$	(3	)		$	—			$	—			$	(102	)		$	—
Net actuarial loss assumed at the Capitalization	—				40				—				—				367				—				—				75				—
Net actuarial loss	57				5				—				51				39				—				31				7				—
Amortization of net actuarial loss	(4		)		(1		)		—				(27		)		(7		)		—				(12		)		(2		)		—
Amortization of prior service credit	7				1				—				1				—				—				21				5				—
Foreign currency	—				—				—				24				9				—				—				—				—
Total recognized in other comprehensive (income) loss	$	60			$	12			$	—			$	49			$	405			$	—			$	40			$	(17	)		$	—
Total recognized in net periodic benefit cost (benefit) and other comprehensive (income) loss	$	61			$	15			$	9			$	62			$	417			$	23			$	26			$	(31	)		$	(10	)

Schedule of Changes in Fair Value of Plan Assets

 As of October 31, 2015 and 2014, the funded status of the defined benefit and post-retirement benefit plans was as follows:

	U.S. Defined Benefit Plans								Non-U.S. Defined Benefit Plans								U.S. Post-Retirement Benefit Plan
	2015				2014				2015				2014				2015				2014
	(in millions)
Change in fair value of plan assets:
Fair value — beginning of year	$	491			$	—			$	1,318			$	—			$	187			$	—
Assets received from Agilent	—				490				9				1,358				—				189
Actual return on plan assets	7				7				81				46				2				2
Employer contributions	—				—				48				10				1				—
Benefits paid	(23		)		(6		)		(33		)		(9		)		(11		)		(4		)
Currency impact	—				—				(80		)		(87		)		—				—
Fair value — end of year	$	475			$	491			$	1,343			$	1,318			$	179			$	187
Change in benefit obligation:
Benefit obligation — beginning of year	$	514			$	—			$	1,429			$	—			$	206			$	—
Liabilities assumed from Agilent	—				508				—				1,446				—				203
Service cost	22				5				18				4				1				—
Interest cost	20				5				41				11				7				2
Plan amendment	—				—				—				(1		)		—				—
Actuarial loss	27				2				60				70				20				5
Benefits paid	(24		)		(6		)		(33		)		(9		)		(11		)		(4		)
Currency impact	—				—				(90		)		(92		)		—				—
Benefit obligation — end of year	$	559			$	514			$	1,425			$	1,429			$	223			$	206
Underfunded status of PBO	$	(84	)		$	(23	)		$	(82	)		$	(111	)		$	(44	)		$	(19	)
Amounts recognized in the consolidated balance sheet consist of:
Other assets	$	—			$	—			$	57			$	48			$	—			$	—
Employee compensation and benefits	(1		)		(1		)		—				—				—				—
Retirement and post-retirement benefits	(83		)		(22		)		(139		)		(159		)		(44		)		(19		)
Net liability	$	(84	)		$	(23	)		$	(82	)		$	(111	)		$	(44	)		$	(19	)
Amounts recognized in accumulated other comprehensive income (loss):
Actuarial losses	$	97			$	44			$	430			$	408			$	99			$	80
Prior service credits	(25		)		(32		)		(4		)		(3		)		(76		)		(97		)
Total	$	72			$	12			$	426			$	405			$	23			$	(17	)

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year

The amounts in accumulated other comprehensive income expected to be amortized into net periodic benefit cost (benefit) during 2016 are as follows:

	U.S. Defined Benefit Plans				Non-U.S. Defined Benefit Plans				U.S. Post-Retirement Benefit Plan
	(in millions)
Amortization of net prior service credit	$	(7	)		$	(1	)		$	(17	)
Amortization of actuarial net loss	$	9			$	27			$	20

Schedule of Allocation of Plan Assets

The following table presents the fair value of U.S. Defined Benefit Plans assets classified under the appropriate level of the fair value hierarchy as of October 31, 2015 and 2014:

					Fair Value Measurement at October 31, 2015 Using
	October 31, 2015				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
	(in millions)
Cash and Cash Equivalents	$	4			$	1			$	3			$	—
Equity	374				94				280				—
Fixed Income	97				21				76				—
Other Investments	—				—				—				—
Total assets measured at fair value	$	475			$	116			$	359			$	—

					Fair Value Measurement at October 31, 2014 Using
	October 31, 2014				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
	(in millions)
Cash and Cash Equivalents	$	6			$	1			$	5			$	—
Equity	365				86				279				—
Fixed Income	120				40				80				—
Other Investments	—				—				—				—
Total assets measured at fair value	$	491			$	127			$	364			$	—

For U.S. Defined Benefit Plans, there was no activity relating to assets measured at fair value using significant unobservable inputs (Level 3) during 2015 and 2014.

The following table presents the fair value of U.S. Post-Retirement Benefit Plan assets classified under the appropriate level of the fair value hierarchy as of October 31, 2015 and 2014:

					Fair Value Measurement at October 31, 2015 Using
	October 31, 2015				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
	(in millions)
Cash and Cash Equivalents	$	4			$	3			$	1			$	—
Equity	137				34				103				—
Fixed Income	38				8				30				—
Other Investments	—				—				—				—
Total assets measured at fair value	$	179			$	45			$	134			$	—

					Fair Value Measurement at October 31, 2014 Using
	October 31, 2014				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
	(in millions)
Cash and Cash Equivalents	$	3			$	1			$	2			$	—
Equity	143				34				109				—
Fixed Income	41				14				27				—
Other Investments	—				—				—				—
Total assets measured at fair value	$	187			$	49			$	138			$	—

For U.S. Post-Retirement Benefit Plan, there was no activity relating to assets measured at fair value using significant unobservable inputs (Level 3) during 2015 and 2014.

The following table presents the fair value of Non-U.S. Defined Benefit Plans assets classified under the appropriate level of the fair value hierarchy as of October 31, 2015 and 2014:

					Fair Value Measurement at October 31, 2015 Using
	October 31, 2015				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
	(in millions)
Cash and Cash Equivalents	$	7			$	2			$	5			$	—
Equity	709				129				580				—
Fixed Income	624				20				604				—
Other Investments	3				—				3				—
Total assets measured at fair value	$	1,343			$	151			$	1,192			$	—

					Fair Value Measurement at October 31, 2014 Using
	October 31, 2014				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
	(in millions)
Cash and Cash Equivalents	$	5			$	2			$	3			$	—
Equity	672				150				522				—
Fixed Income	603				23				580				—
Other Investments	38				—				21				17
Total assets measured at fair value	$	1,318			$	175			$	1,126			$	17

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets

For Non-U.S. Defined Benefit Plans assets measured at fair value using significant unobservable inputs (Level 3), the following table summarizes the change in balances during 2015 and 2014:

	Year Ended
	October 31,
	2015				2014
	(in millions)
Balance, beginning of year	$	17			$	—
Realized gains	—				—
Unrealized gains/(losses)	—				1
Purchases, sales, issuances, and settlements	(17		)		(5		)
Transfers in (out)	—				21
Balance, end of year	$	—			$	17

Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets

The table below presents the combined projected benefit obligation ("PBO"), accumulated benefit obligation ("ABO") and fair value of plan assets, grouping plans using comparisons of the PBO and ABO relative to the plan assets as of October 31, 2015 and 2014:

	2015								2014
	Benefit Obligation				Fair Value of Plan Assets				Benefit Obligation				Fair Value of Plan Assets
								PBO										PBO
	(in millions)								(in millions)
U.S. defined benefit plans where PBO exceeds the fair value of plan assets	$	559			$	475			$	514			$	491
U.S. defined benefit plans where fair value of plan assets exceeds PBO	—				—				—				—
Total	$	559			$	475			$	514			$	491
Non-U.S. defined benefit plans where PBO exceeds or is equal to the fair value of plan assets	$	1,061			$	921			$	1,111			$	952
Non-U.S. defined benefit plans where fair value of plan assets exceeds PBO	364				422				318				366
Total	$	1,425			$	1,343			$	1,429			$	1,318
	ABO								ABO
U.S. defined benefit plans where ABO exceeds the fair value of plan assets	$	527			$	475			$	5			$	—
U.S. defined benefit plans where the fair value of plan assets exceeds ABO	—				—				472				491
Total	$	527			$	475			$	477			$	491
Non-U.S. defined benefit plans where ABO exceeds or is equal to the fair value of plan assets	$	1,031			$	921			$	1,081			$	952
Non-U.S. defined benefit plans where fair value of plan assets exceeds ABO	354				422				310				366
Total	$	1,385			$	1,343			$	1,391			$	1,318

Schedule of Expected Benefit Payments

The following table presents expected future benefit payments for the next 10 years.

	U.S. Defined Benefit Plans				Non-U.S. Defined Benefit Plans				U.S. Post-Retirement Benefit Plan
	(in millions)
2016	$	35			$	35			$	17
2017	$	38			$	37			$	17
2018	$	39			$	40			$	18
2019	$	42			$	45			$	17
2020	$	47			$	48			$	17
2021 - 2025	$	254			$	316			$	80

Schedule of Assumptions Used

Assumptions used to calculate the net periodic benefit cost for the year ended October 31, 2015 and 2014 were as follows:

	For years ended October 31,
	2015		2014
U.S. Defined Benefit Plans:
Discount rate	4.00%		4.00%
Average increase in compensation levels	3.50%		3.50%
Expected long-term return on assets	8.00%		8.00%
Non-U.S. Defined Benefit Plans:
Discount rate	1.50-4.00%		1.75-4.25%
Average increase in compensation levels	2.50-3.25%		2.50-3.25%
Expected long-term return on assets	4.00-6.50%		4.00-6.50%
U.S. Post-Retirement Benefits Plan:
Discount rate	3.75%		4.00%
Expected long-term return on assets	8.00%		8.00%
Current medical cost trend rate	8.00%		8.00%
Ultimate medical cost trend rate	3.50%		3.50%
Medical cost trend rate decreases to ultimate rate in year	2028		2028

Assumptions used to calculate the benefit obligation as of October 31, 2015 and 2014 were as follows:

	As of the years ended October 31,
	2015		2014
U.S. Defined Benefit Plans:
Discount rate	4.00%		4.00%
Average increase in compensation levels	3.00%		3.50%
Non-U.S. Defined Benefit Plans:
Discount rate	0.76-3.80%		1.50-4.00%
Average increase in compensation levels	2.50-3.50%		2.50-3.25%
U.S. Post-Retirement Benefits Plan:
Discount rate	4.00%		3.75%
Current medical cost trend rate	7.00%		8.00%
Ultimate medical cost trend rate	3.50%		3.50%
Medical cost trend rate decreases to ultimate rate in year	2028		2028

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