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STOCKHOLDERS' EQUITY | 3 Months Ended
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Jan. 31, 2020
Statement of Comprehensive Income [Abstract] |
STOCKHOLDERS EQUITY | STOCKHOLDERS' EQUITY Stock Repurchase Program On May 29, 2019, the Board of Directors approved a new stock repurchase program authorizing the purchase of up to $500 million of the company’s common stock. 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. All such shares and related costs are held as treasury stock and accounted for at trade date using the cost method. 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 three months ended January 31, 2020, we repurchased 731,918 shares of common stock for $75 million. For the three months ended January 31, 2019, we repurchased 686,398 shares of common stock for $40 million. Accumulated Other Comprehensive Loss Changes in accumulated other comprehensive loss by component and related tax effects for the three months ended January 31, 2020 and 2019 were as follows:
|  | Foreign currency translation |  | Net defined benefit pension cost and post retirement plan costs |  | Unrealized gains (losses) on derivatives |  | Total
|  |  | Actuarial loss |  | Prior service credit |  |
|  | (in millions)
As of October 31, 2019 |  | $ | (43 | ) |  | $ | (536 | ) |  | $ | 4 |  |  | $ | (3 | ) |  | $ | (578 | )
Other comprehensive income (loss) before reclassifications |  | — |  |  | — |  |  | — |  |  | 2 |  |  | 2 |
Amounts reclassified out of accumulated other comprehensive loss |  | — |  |  | 17 |  |  | (3 | ) |  | 1 |  |  | 15 |
Tax (expense) benefit |  | — |  |  | — |  |  | 1 |  |  | (1 | ) |  | — |
Other comprehensive income (loss) |  | — |  |  | 17 |  |  | (2 | ) |  | 2 |  |  | 17 |
As of January 31, 2020 |  | $ | (43 | ) |  | $ | (519 | ) |  | $ | 2 |  |  | $ | (1 | ) |  | $ | (561 | )
As of October 31, 2018 |  | $ | (60 | ) |  | $ | (445 | ) |  | $ | 19 |  |  | $ | (2 | ) |  | $ | (488 | )
Other comprehensive income (loss) before reclassifications |  | 30 |  |  | 4 |  |  | — |  |  | (2 | ) |  | 32 |
Amounts reclassified out of accumulated other comprehensive loss |  | — |  |  | 12 |  |  | (4 | ) |  | 1 |  |  | 9 |
Tax (expense) benefit |  | — |  |  | (3 | ) |  | 1 |  |  | — |  |  | (2 | )
Other comprehensive income (loss) |  | 30 |  |  | 13 |  |  | (3 | ) |  | (1 | ) |  | 39 |
As of January 31, 2019 |  | $ | (30 | ) |  | $ | (432 | ) |  | $ | 16 |  |  | $ | (3 | ) |  | $ | (449 | )
Reclassifications out of accumulated other comprehensive loss for the three months ended January 31, 2020 and 2019 were as follows:
Details about Accumulated Other Comprehensive Loss Components |  |  |  | Affected Line Item in Statement of Operations
|  | Three Months Ended |  |
|  | January 31, |  |
|  | 2020 |  | 2019 |  |
|  | (in millions) |  |
Unrealized gain (loss) on derivatives |  | $ | (1 | ) |  | $ | — |  |  | Cost of products
|  | — |  |  | (1 | ) |  | Selling, general and administrative
|  | — |  |  | — |  |  | Provision for income taxes
|  | (1 | ) |  | (1 | ) |  | Net of income tax
Net defined benefit pension cost and post retirement plan costs: |  |  |  |  |  |
Actuarial net loss |  | (17 | ) |  | (12 | ) |  |
Prior service credit |  | 3 |  |  | 4 |  |  |
|  | (14 | ) |  | (8 | ) |  | Total before income tax
|  | (1 | ) |  | 3 |  |  | Provision (benefit) for income taxes
|  | (15 | ) |  | (5 | ) |  | Net of income tax
Total reclassifications for the period |  | $ | (16 | ) |  | $ | (6 | ) |  |
An amount in parentheses indicates a reduction to income and an increase to the accumulated other comprehensive loss. 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 12, "Retirement Plans and Post-Retirement Benefit Plans").

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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