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LEASES (Notes) | 12 Months Ended
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Oct. 31, 2020
Leases [Abstract] |
Lessee, Operating Leases [Text Block] | 16. LEASES We have operating leases for items including office space, order fulfillment, sales and service centers, R&D and certain equipment, primarily automobiles. Our leases have remaining terms of up to 14 years, some of which may include options to extend the leases for 3 to 5 years. We consider options to renew in our lease terms and measurement of ROU assets and lease liabilities if we determine they are reasonably certain to be exercised. As of October 31, 2020, the weighted average lease term of our operating leases was 7.3 years and the weighted average discount rate of our operating leases was 3 percent. Operating lease cost for the year ended October 31, 2020 was $49 million and variable lease cost was $16 million. Costs associated with our short-term leases were immaterial for the year ended October 31, 2020. Sublease income was immaterial for the year ended October 31, 2020. Supplemental cash flow information related to our leases was as follows:
| Year Ended
| October 31, 2020
| (in millions)
Cash paid for amounts included in the measurement of lease liabilities — operating cash flows | $ | 48 |
ROU assets obtained in exchange for operating lease obligations | $ | 67 |
Amounts related to finance lease activities for the year ended October 31, 2020 were not material. Maturity Analysis of Liabilities Future minimum rents payable as of October 31, 2020 under non-cancellable operating leases with initial terms exceeding one year reconcile to lease liabilities included in the consolidated balance sheet as follows (in millions):
2021 | $ | 49 |
2022 | 40 |
2023 | 28 |
2024 | 18 |
Thereafter | 82 |
Total undiscounted lease liability | 217 |
Imputed interest | 25 |
Total discounted lease liability | $ | 192 |
As of October 31, 2020, we did not have material leases that had not yet commenced. ASC 840 Comparative Disclosures Total rent expense for operating leases was $70 million in 2019 and $60 million in 2018. We had capital lease obligations of $4 million as of October 31, 2019 and $4 million as of October 31, 2018. Prior to the adoption of the new lease accounting standard, future minimum lease payments as of October 31, 2019 as reported in our Annual Report on Form 10-K for the fiscal year ended October 31, 2019 under non-cancellable operating leases with initial terms exceeding twelve months were as follows (in millions):
2020 | $ | 48 |
2021 | 40 |
2022 | 31 |
2023 | 19 |
2024 | 12 |
Thereafter | 46 |
Total future minimum lease payments | $ | 196 |
Lessor Disclosure Rental income from leasing out excess facilities was $11 million for the year ended October 31, 2020, and is included in other operating expense (income), net. Other lessor arrangements were immaterial.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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