XML 95 R76.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
INCOME TAXES (Details) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Oct. 31, 2017
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest [Abstract]      
U.S. operations $ 20 $ (532) $ (147)
Non-U.S. operations 695 121 326
Income (loss) before taxes 715 (411) 179
Income Tax Expense (Benefit), Continuing Operations [Abstract]      
U.S. federal taxes - current 10 131 21
U.S. federal taxes - deferred (8) 46 (56)
Non-U.S. taxes - current 91 75 101
Non-U.S. taxes - deferred 14 (832) 9
State taxes, net of federal benefit - current (5) 7 2
State taxes, net of federal benefit - deferred (8) (3) 0
Total provision (benefit) for income taxes (94) 576 (77)
Components of Deferred Tax Assets [Abstract]      
Inventory 10 14  
Intangibles 630 664  
Property, plant and equipment 17 14  
Warranty reserves 9 11  
Pension benefits 86 47  
Employee benefits, other than retirement 29 27  
Net operating loss, capital loss, and credit carryforwards 116 120  
Unremitted earnings of foreign subsidiaries 0 0  
Share-based compensation 15 14  
Deferred revenue 25 37  
Other 14 11  
Subtotal 951 959  
Tax valuation allowance (73) (79)  
Total deferred tax assets 878 880  
Deferred Tax Liabilities, Gross [Abstract]      
Inventory (2) 0  
Intangibles (38) (66)  
Property, plant and equipment (24) (23)  
Warranty reserves (1) (1)  
Pension benefits (76) (67)  
Deferred Tax Liabilities Employee Benefits (1) (1)  
Net operating loss, capital loss, and credit carryforwards 0 0  
Unremitted earnings of foreign subsidiaries (12) (5)  
Share-based compensation 0 0  
Deferred revenue (5) (1)  
Other (12) (1)  
Subtotal (171) (165)  
Tax valuation allowance 0 0  
Total deferred tax liabilities (171) (165)  
Undistributed Earnings of Foreign Subsidiaries 88    
Deferred Tax Liability Not Recognized, Amount of Unrecognized Deferred Tax Liability, Undistributed Earnings of Foreign Subsidiaries 4    
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Profit before tax times statutory rate 150 (96) 63
State income taxes, net of federal benefit (6) 2 1
US tax on non-US entity income 48 210 5
US benefit on foreign sales (13) 0 0
U.S. research credits (12) (10) (7)
Non-US income taxed at different rates (70) 16 (83)
Change in unrecognized tax benefits (12) 86 23
Share-based compensation (5) (1) 7
Singapore tax incentive and amortization 0 (591) 0
Reversal of deferred taxes on foreign earnings not considered indefinitely reinvested 0 (304) 0
Goodwill impairment 0 99 0
U.S. federal statutory tax rate change 0 10 0
Malaysia tax assessment 0 0 68
Other, net 14 3 0
Total provision (benefit) for income taxes $ (94) $ 576 $ (77)
Effective tax rate (in hundredths) 13.00% 140.00% 43.00%
Impact of the tax holidays decreased in income taxes $ 47 $ 567 $ 49
The benefit of the tax holidays on net income per share (diluted) $ 0.25 $ 2.97 $ 0.27
Benefit of tax incentive related to Singapore restructuring on EPS $ 2.75    
Current And Long Term Deferred Tax Assets And Liabilities [Abstract]      
Amortization of Intangible Assets $ 210 $ 204 $ 131
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]      
Balance, beginning of year 234 146 51
Additions due to acquisitions 9 0 22
Additions for tax positions related to the current year 18 100 31
Additions for tax positions from prior years 0 2 52
Reductions for tax positions from prior years (32) (1) (9)
Settlements with taxing authorities 0 (12) 0
Statute of limitations expirations (3) (1) (1)
Balance, end of year 226 234 146
Unrecognized Tax Benefits that Would Impact Effective Tax Rate 216 227  
Interest and penalties relating to unrecognized tax benefits recognized 2 2 18
Interest and penalties accrued related to unrecognized tax benefits accrued and reported $ 28 $ 22 $ 20