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REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS (Notes) | 6 Months Ended
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Apr. 30, 2016
Income Tax Disclosure [Abstract] |
Accounting Changes and Error Corrections [Text Block] | 2. REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS During the years ended October 31, 2014 and 2015, the company identified and recorded various out of period income tax adjustments. We determined that the errors were not material to the previously issued financial statements and disclosures included in our Annual Report on Form 10-K for the year ended October 31, 2014 or for any quarterly periods included therein or through our Quarterly Report on Form 10-Q for the nine months ended July 31, 2015. However, as a result of the company presenting continuing operations and discontinued operations for the first time in our Annual Report on Form 10-K for the year ended October 31, 2015, we determined that the effect of the errors is significant to our financial results for the year ending October 31, 2014 and 2013. Accordingly, we revised our historical financial statements presented in our Form 10-K for the year ended October 31, 2015. For the three and six months ended April 30, 2016, we are presenting comparative fiscal 2015 quarterly information. The fiscal 2015 results for the three and six months ended April 30, 2015 have been revised to reflect the quarterly impact of the out of period adjustments described above. For the three months ended April 30, 2015 the following out of period adjustments were included in the as-reported column in the revision adjustment table and have been removed in the adjustments column: $4 million of tax expense related to the increase of foreign deferred tax liabilities for a prior year. In addition to the aforementioned, for the six months ended April 30, 2015, the following out of period adjustments were included in the as-reported column in the revision adjustment table and have been removed in the adjustments column: $13 million of tax benefit from the reduction in deferred tax liabilities due to tax rate changes in Denmark occurring in a prior year and $4 million of tax expense attributable to an error discovered on a prior year U.S. tax return.
| Three Months Ended April 30, 2015
| As Reported |  | Adjustments |  | As Revised
| (in millions, except per share data)
Income from continuing operations before taxes | $ | 96 |  |  |  |  | $ | 96 |
Provision for income taxes | 8 |  |  | (4 | ) |  | 4 |
Income from continuing operations | 88 |  |  |  |  | 92 |
Loss from discontinued operations, net of tax benefit of $0 million | (5 | ) |  |  |  | (5 | )
Net Income | $ | 83 |  |  | $ | 4 |  |  | $ | 87 |
Net income per share - basic |  |  |  |  |
Income from continuing operations | $ | 0.26 |  |  |  |  | $ | 0.28 |
Loss from discontinued operations | (0.01 | ) |  |  |  | (0.02 | )
Net income per share - basic | $ | 0.25 |  |  |  |  | $ | 0.26 |
Net income per share - diluted |  |  |  |  |
Income from continuing operations | $ | 0.26 |  |  |  |  | $ | 0.27 |
Loss from discontinued operations | (0.01 | ) |  |  |  | (0.01 | )
Net income per share - diluted | $ | 0.25 |  |  |  |  | $ | 0.26 |
Total comprehensive income | $ | 74 |  |  | $ | 4 |  |  | $ | 78 |
| Six Months Ended April 30, 2015
| As Reported |  | Adjustments |  | As Revised
| (in millions, except per share data)
Income from continuing operations before taxes | $ | 209 |  |  |  |  | $ | 209 |
Provision for income taxes | 19 |  |  | 5 |  |  | 24 |
Income from continuing operations | 190 |  |  |  |  | 185 |
Loss from discontinued operations, net of tax benefit of $2 | (35 | ) |  |  |  | (35 | )
Net Income | $ | 155 |  |  | $ | (5 | ) |  | $ | 150 |
Net income per share - basic |  |  |  |  |
Income from continuing operations | $ | 0.57 |  |  |  |  | $ | 0.55 |
Loss from discontinued operations | (0.11 | ) |  |  |  | (0.10 | )
Net income per share - basic | $ | 0.46 |  |  |  |  | $ | 0.45 |
Net income per share - diluted |  |  |  |  |
Income from continuing operations | $ | 0.56 |  |  |  |  | $ | 0.55 |
Loss from discontinued operations | (0.10 | ) |  |  |  | (0.10 | )
Net income per share - diluted | $ | 0.46 |  |  |  |  | $ | 0.45 |
Total comprehensive loss | $ | (113 | ) |  | $ | (5 | ) |  | $ | (118 | )
The adjustments resulted in the following revisions to our condensed consolidated statement of cash flow.
| Six Months Ended April 30, 2015
| As Reported |  | Adjustments |  | As Revised
| (in millions)
Net income | $ | 155 |  |  | $ | (5 | ) |  | $ | 150 |
Deferred taxes | $ | (3 | ) |  | $ | 7 |  |  | $ | 4 |
Changes in assets and liabilities: |  |  |  |  |
Other assets and liabilities | $ | (127 | ) |  | $ | (2 | ) |  | $ | (129 | )
Net cash provided by operating activities | $ | 163 |  |  | $ | — |  |  | $ | 163 |

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- Definition The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=56949863&loc=d3e22644-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 45 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=6368906&loc=d3e21914-107793 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=56949863&loc=d3e22595-107794 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=56949863&loc=d3e22499-107794 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 1.N.Q3) -URI http://asc.fasb.org/extlink&oid=26874127&loc=d3e30840-122693 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 1 -Section N + Details
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