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SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Oct. 31, 2020
Share-based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs The impact of share-based compensation expense on our consolidated statement of operations was as follows:
 
Year Ended October 31,
 
2020
 
2019
 
2018
 
(in millions)
Cost of products and services
$
16

 
$
14

 
$
11

Research and development
19

 
16

 
10

Selling, general and administrative
58

 
52

 
38

Total share-based compensation expense
$
93

 
$
82

 
$
59
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions And Methodology
The following assumptions were used to estimate the fair value of TSR-based performance awards.
 
Year Ended October 31,
 
2020
 
2019
 
2018
Volatility of Keysight shares
28%
 
25%
 
25%
Volatility of index
13%
 
12%
 
14%
Price-wise correlation with selected peers
61%
 
57%
 
57%
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award The following table summarizes 2020 activity related to stock option awarded to our employees and directors.
 
Options
Outstanding
 
Weighted
Average
Exercise Price
 
(in thousands)
 
 
Outstanding at October 31, 2019
559

 
$
28

Granted
—

 
—

Exercised
(182
)
 
27

Forfeited and expired
—

 
—

Outstanding at October 31, 2020
377

 
$
28
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range
The options outstanding and exercisable at October 31, 2020 were as follows:
 
Options Outstanding and Exercisable
Range of
Exercise Prices
Number
Outstanding
 
Weighted
Average
Remaining
Contractual
Life
 
Weighted
Average
Exercise
Price
 
Aggregate
Intrinsic
Value
 
(in thousands)
 
(in years)
 
 
 
(in thousands)
$0 - 25
98

 
1.8
 
$
20

 
$
8,335

$25.01 - 30
107

 
3.1
 
30

 
8,011

$30.01 - 40
172

 
4.0
 
31

 
12,714

 
377

 
3.2
 
$
28

 
$
29,060
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Intrinsic Value Options Exercised
The following table summarizes the aggregate intrinsic value of options exercised in 2020, 2019 and 2018:
 
Aggregate
Intrinsic Value
 
Weighted
Average
Exercise
Price
 
(in thousands)
 
 
Options exercised in fiscal 2018
$
28,985

 
$
26

Options exercised in fiscal 2019
$
39,094

 
$
27

Options exercised in fiscal 2020
$
13,877

 
$
27
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Roll Forward
The following table summarizes non-vested award activity in 2020 for our LTP Program and restricted stock unit awards:
 
Shares
 
Weighted
Average
Grant Date Fair Value
 
(in thousands)
 
 
Non-vested at October 31, 2019
3,281

 
$
48

Granted
723

 
110

Vested
(1,577
)
 
44

Forfeited
(45
)
 
60

LTP Program incremental
252

 
45

Non-vested at October 31, 2020
2,634

 
$
67