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DERIVATIVES (Tables)
 3 Months Ended
Jan. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Aggregated notional amounts by currency and designation The aggregated notional amounts by currency and designation as of January 31, 2023 were as follows:
 Derivatives in Cash Flow
Hedging Relationships		Derivatives Not Designated as Hedging Instruments
 Forward
Contracts		Forward
Contracts
CurrencyBuy/(Sell)Buy/(Sell)
 (in millions)
Euro$5 $10 
British Pound18 (39)
Singapore Dollar35 37 
Malaysian Ringgit119 17 
Japanese Yen(162)(72)
Other currencies(19)(41)
Total$(4)$(88)
Gross fair values and balance sheet location of derivative instruments held in the consolidated balance sheet
Derivative instruments are subject to master netting arrangements and are disclosed gross in the condensed consolidated balance sheet. The gross fair values and balance sheet presentation of derivative instruments held as of January 31, 2023 and October 31, 2022 were as follows:
Fair Values of Derivative Instruments
Assets DerivativesLiabilities Derivatives
Fair Value Fair Value
Balance Sheet LocationJanuary 31, 2023October 31, 2022Balance Sheet LocationJanuary 31, 2023October 31, 2022
(in millions)
Derivatives designated as hedging instruments:     
Cash flow hedges
Foreign exchange contracts     
Other current assets$12 $18 Other accrued liabilities$8 $10 
Interest rate swap contracts:
Other assets109 133 
Derivatives not designated as hedging instruments:     
Foreign exchange contracts     
Other current assets3 3 Other accrued liabilities4 2 
Total derivatives$124 $154  $12 $12 
Effect of derivative instruments for foreign exchange contracts in the consolidated statement of operations
The effect of derivative instruments for foreign exchange contracts designated as hedging instruments and for those not designated as hedging instruments in our condensed consolidated statement of operations was as follows:
Three Months Ended
January 31,
20232022
 (in millions)
Derivatives designated as hedging instruments:
Cash Flow Hedges
Interest rate swap contracts:
Gain (loss) recognized in accumulated other comprehensive income (loss)$(24)$8 
Foreign exchange contracts:
Gain (loss) recognized in accumulated other comprehensive income (loss)$(3)$(3)
Gain (loss) reclassified from accumulated other comprehensive income (loss) into earnings:
Cost of products$4 $1 
Selling, general and administrative$(2)$(1)
Gain (loss) excluded from effectiveness testing recognized in earnings based on amortization approach:
Cost of products$1 $— 
Derivatives not designated as hedging instruments:
Gain (loss) recognized in:
Other income (expense), net$(4)$3