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STOCKHOLDERS' EQUITY
 9 Months Ended
Jul. 31, 2016
Statement of Comprehensive Income [Abstract]  
STOCKHOLDERS EQUITY
STOCKHOLDERS' EQUITY

Stock Repurchase Program

On February 18, 2016, the Board of Directors approved a stock repurchase program authorizing the purchase of up to $200 million of the company’s common stock. Under the program, shares may be purchased from time to time, subject to general business and market conditions and other investment opportunities, through open market purchases, privately negotiated transactions or other means. The stock repurchase program may be commenced, suspended or discontinued at any time at the company’s discretion and does not have an expiration date.

For the nine months ended July 31, 2016, we repurchased 2.3 million shares of common stock for $62 million. All such shares and related costs are held as treasury stock and accounted for at trade date using the cost method.

Accumulated Other Comprehensive Loss
 
Changes in accumulated other comprehensive loss by component and related tax effects for the three and nine months ended July 31, 2016 and 2015 were as follows:
 
 
 
 
 
 
Net defined benefit pension cost and post retirement plan costs
 
 
 
 
 
 
Unrealized gain on investments
 
Foreign currency translation
 
Actuarial losses
 
Prior service costs
 
Unrealized gains (losses) on derivatives
 
Total
 
 
(in millions)
As of April 30, 2016
 
$
14

 
$
(17
)
 
$
(489
)
 
$
57

 
$
(2
)
 
$
(437
)
Other comprehensive income (loss) before reclassifications
 
1

 
(1
)
 
—

 
—

 
(5
)
 
(5
)
Amounts reclassified out of accumulated other comprehensive loss
 
—

 
—

 
14

 
(6
)
 
2

 
10

Tax (expense) benefit
 
1

 
—

 
(5
)
 
2

 
1

 
(1
)
Other comprehensive income (loss)
 
2

 
(1
)
 
9

 
(4
)
 
(2
)
 
4

As of July 31, 2016
 
$
16

 
$
(18
)
 
$
(480
)
 
$
53

 
$
(4
)
 
$
(433
)
 
 
 
 
 
 
 
 
 
 
 
 
 
As of October 31, 2015
 
$
21

 
$
(48
)
 
$
(511
)
 
$
65

 
$
(6
)
 
$
(479
)
Other comprehensive income (loss) before reclassifications
 
(7
)
 
30

 
4

 
—

 
(6
)
 
21

Amounts reclassified out of accumulated other comprehensive loss
 
—

 
—

 
42

 
(19
)
 
9

 
32

Tax (expense) benefit
 
2

 
—

 
(15
)
 
7

 
(1
)
 
(7
)
Other comprehensive income (loss)
 
(5
)
 
30

 
31

 
(12
)
 
2

 
46

As of July 31, 2016
 
$
16

 
$
(18
)
 
$
(480
)
 
$
53

 
$
(4
)
 
$
(433
)


 
 
 
 
 
 
Net defined benefit pension cost and post retirement plan costs
 
 
 
 
 
 
Unrealized gain on investments
 
Foreign currency translation
 
Actuarial losses
 
Prior service costs
 
Unrealized gains (losses) on derivatives
 
Total
 
 
(in millions)
As of April 30, 2015
 
$
24

 
$
(28
)
 
$
(428
)
 
$
75

 
$
—

 
$
(357
)
Other comprehensive income (loss) before reclassifications
 
(5
)
 
(12
)
 
—

 
—

 
(3
)
 
(20
)
Amounts reclassified out of accumulated other comprehensive loss
 
—

 
—

 
11

 
(8
)
 
—

 
3

Tax (expense) benefit
 
(2
)
 
—

 
(4
)
 
3

 
1

 
(2
)
Other comprehensive income (loss)
 
(7
)
 
(12
)
 
7

 
(5
)
 
(2
)
 
(19
)
As of July 31, 2015
 
$
17

 
$
(40
)
 
$
(421
)
 
$
70

 
$
(2
)
 
$
(376
)
 
 
 
 
 
 
 
 
 
 
 
 
 
As of October 31, 2014
 
$
16

 
$
6

 
$
(444
)
 
$
83

 
$
3

 
$
(336
)
Other comprehensive income (loss) before reclassifications
 
4

 
(46
)
 
—

 
—

 
(5
)
 
(47
)
Amounts reclassified out of accumulated other comprehensive loss
 
—

 
—

 
33

 
(22
)
 
(2
)
 
9

Tax (expense) benefit
 
(3
)
 
—

 
(10
)
 
9

 
2

 
(2
)
Other comprehensive income (loss)
 
1

 
(46
)
 
23

 
(13
)
 
(5
)
 
(40
)
As of July 31, 2015
 
$
17

 
$
(40
)
 
$
(421
)
 
$
70

 
$
(2
)
 
$
(376
)


Reclassifications out of accumulated other comprehensive loss for the three and nine months ended July 31, 2016 and 2015 were as follows:

Details about Accumulated Other Comprehensive Loss Components
 
Amounts Reclassified from Accumulated Other Comprehensive Loss
 
Affected Line Item in Statement of Operations
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
 
July 31,
 
July 31,
 
 
 
 
2016
 
2015
 
2016
 
2015
 
 
 
 
(in millions)
 
 
Unrealized gain (loss) on derivatives
 
$
(2
)
 
$
—

 
$
(9
)
 
$
2

 
Cost of sales
 
 
1

 
—

 
3

 
—

 
Provision for income taxes
 
 
(1
)
 
—

 
(6
)
 
2

 
Net of income tax
 
 
 
 
 
 
 
 
 
 
 
Net defined benefit pension cost and post retirement plan costs:
 
 
 
 
 
 
 
 
 
 
  Actuarial net loss
 
(14
)
 
(11
)
 
(42
)
 
(33
)
 
 
  Prior service benefit
 
6

 
8

 
19

 
22

 
 
 
 
(8
)
 
(3
)
 
(23
)
 
(11
)
 
Total before income tax
 
 
3

 
1

 
8

 
1

 
Provision for income taxes
 
 
(5
)
 
(2
)
 
(15
)
 
(10
)
 
Net of income tax
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(6
)
 
$
(2
)
 
$
(21
)
 
$
(8
)
 
 

An amount in parentheses indicates a reduction to income and an increase to the accumulated other comprehensive income.

Reclassifications of prior service benefit and actuarial net loss in respect of retirement plans and post retirement pension plans are included in the computation of net periodic cost (see Note 11, "Retirement Plans and Post Retirement Pension Plans").