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STOCKHOLDERS' EQUITY
 9 Months Ended
Jul. 31, 2020
Statement of Comprehensive Income [Abstract]  
STOCKHOLDERS EQUITY
16.    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 nine months ended July 31, 2020, we repurchased 2,047,166 shares of common stock for $195 million. For the nine months ended July 31, 2019, we repurchased 1,790,420 shares of common stock for $130 million.
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, 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 April 30, 2020
 
$
(50
)
 
$
(508
)
 
$
(1
)
 
$
(8
)
 
$
(567
)
Other comprehensive income (loss) before reclassifications
 
37

 
—

 
—

 
—

 
37

Amounts reclassified out of accumulated other comprehensive loss
 
—

 
15

 
(3
)
 
1

 
13

Tax (expense) benefit
 
—

 
(4
)
 
1

 
—

 
(3
)
Other comprehensive income (loss)
 
37

 
11

 
(2
)
 
1

 
47

As of July 31, 2020
 
$
(13
)
 
$
(497
)
 
$
(3
)
 
$
(7
)
 
$
(520
)
 
 
 
 
 
 
 
 
 
 
 
As of October 31, 2019
 
$
(43
)
 
$
(536
)
 
$
4

 
$
(3
)
 
$
(578
)
Other comprehensive income (loss) before reclassifications
 
30

 
—

 
—

 
(9
)
 
21

Amounts reclassified out of accumulated other comprehensive loss
 
—

 
47

 
(9
)
 
3

 
41

Tax (expense) benefit
 
—

 
(8
)
 
2

 
2

 
(4
)
Other comprehensive income (loss)
 
30

 
39

 
(7
)
 
(4
)
 
58

As of July 31, 2020
 
$
(13
)
 
$
(497
)
 
$
(3
)
 
$
(7
)
 
$
(520
)
 
 
 
 
 
 
 
 
 
 
 
As of April 30, 2019
 
$
(46
)
 
$
(424
)
 
$
12

 
$
(3
)
 
$
(461
)
Other comprehensive income (loss) before reclassifications
 
(4
)
 
—

 
—

 
(1
)
 
(5
)
Amounts reclassified out of accumulated other comprehensive loss
 
—

 
12

 
(5
)
 
—

 
7

Tax (expense) benefit
 
—

 
(3
)
 
2

 
—

 
(1
)
Other comprehensive income (loss)
 
(4
)
 
9

 
(3
)
 
(1
)
 
1

As of July 31, 2019
 
$
(50
)
 
$
(415
)
 
$
9

 
$
(4
)
 
$
(460
)
 
 
 
 
 
 
 
 
 
 
 
As of October 31, 2018
 
$
(60
)
 
$
(445
)
 
$
19

 
$
(2
)
 
$
(488
)
Other comprehensive income (loss) before reclassifications
 
10

 
2

 
—

 
(3
)
 
9

Amounts reclassified out of accumulated other comprehensive loss
 
—

 
38

 
(14
)
 
1

 
25

Tax (expense) benefit
 
—

 
(10
)
 
4

 
—

 
(6
)
Other comprehensive income (loss)
 
10

 
30

 
(10
)
 
(2
)
 
28

As of July 31, 2019
 
$
(50
)
 
$
(415
)
 
$
9

 
$
(4
)
 
$
(460
)

Reclassifications out of accumulated other comprehensive loss for the three and nine months ended July 31, 2020 and 2019 were as follows:
Details about Accumulated Other Comprehensive Loss Components
 
 
 
 
 
Affected Line Item in Statement of Operations
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
 
July 31,
 
July 31,
 
 
 
 
2020
 
2019
 
2020
 
2019
 
 
 
 
(in millions)
 
(in millions)
 
 
Unrealized gain (loss) on derivatives
 
$
(1
)
 
$
—

 
$
(2
)
 
$
—

 
Cost of products
 
 
—

 
—

 
(1
)
 
(1
)
 
Selling, general and administrative
 
 
—

 
—

 
—

 
—

 
Provision for income taxes
 
 
(1
)
 
—

 
(3
)
 
(1
)
 
Net of income tax
 
 
 
 
 
 
 
 
 
 
 
Net defined benefit pension cost and post retirement plan costs:
 
 
 
 
 
 
 
 
 
 
Actuarial net loss
 
(15
)
 
(12
)
 
(47
)
 
(38
)
 
 
Prior service credit
 
3

 
5

 
9

 
14

 
 
 
 
(12
)
 
(7
)
 
(38
)
 
(24
)
 
Total before income tax
 
 
3

 
1

 
6

 
5

 
Provision (benefit) for income taxes
 
 
(9
)
 
(6
)
 
(32
)
 
(19
)
 
Net of income tax
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(10
)
 
$
(6
)
 
$
(35
)
 
$
(20
)
 
 
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").