XML 39 R28.htm IDEA: XBRL DOCUMENT v3.19.2

NEW ACCOUNTING PRONOUNCEMENTS (Tables)

9 Months Ended

Jul. 31, 2019

Accounting Policies [Abstract]

Summary of New Accounting Pronouncements

The following table summarizes the impacts of recently adopted accounting pronouncements on our condensed consolidated balance sheet as of November 1, 2018:

	October 31, 2018				Impact of Adopting New																November 1, 2018
	As Reported				Revenue Recognition Guidance				Tax Effects on Items in AOCI Guidance				Intra-Entity Tax Guidance				Investments Valuation Guidance				As Adopted
	(in millions)
ASSETS
Current assets:
Cash and cash equivalents	$	2,247			$	—			$	—			$	—			$	—			$	2,247
Accounts receivable, net	776				24				—				—				—				800
Inventory	638				(10		)		—				—				—				628
Other current assets	187				3				—				—				—				190
Total current assets	3,848				17				—				—				—				3,865
Property, plant and equipment, net	822				—				—				—				—				822
Goodwill	2,973				—				—				—				—				2,973
Other intangible assets, net	491				—				—				—				—				491
Long-term investments	68				—				—				—				7				75
Other assets	339				(3		)		—				(2		)		(2		)		332
Total assets	$	8,541			$	14			$	—			$	(2	)		$	5			$	8,558
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$	340			$	—			$	—			$	—			$	—			$	340
Employee compensation and benefits	304				—				—				—				—				304
Deferred revenue	324				(11		)		—				—				—				313
Other accrued liabilities	203				—				—				—				—				203
Total current liabilities	1,171				(11		)		—				—				—				1,160
Long-term debt	1,799				—				—				—				—				1,799
Retirement and post-retirement benefits	239				—				—				—				—				239
Other long-term liabilities	761				2				—				—				—				763
Total liabilities	3,970				(9		)		—				—				—				3,961
Total equity:
Stockholders’ equity:
Preferred stock; $0.01 par value; 125 million shares authorized; none issued and outstanding	—				—				—				—				—				—
Common stock; $0.01 par value; 2 billion shares authorized; 318 million shares at October 31, 2018 issued	3				—				—				—				—				3
Additional paid-in-capital	5,308				—				—				—				—				5,308
Accumulated deficit	(336		)		23				7				(2		)		5				(303		)
Accumulated other comprehensive loss	(408		)		—				(7		)		—				—				(415		)
Total stockholders' equity	4,567				23				—				(2		)		5				4,593
Non-controlling interest	4				—				—				—				—				4
Total equity	4,571				23				—				(2		)		5				4,597
Total liabilities and equity	$	8,541			$	14			$	—			$	(2	)		$	5			$	8,558

As of November 1, 2018, we adopted new accounting guidance which requires amounts generally described as restricted cash and restricted cash equivalents to be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. A reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheet follows:

	July 31,				October 31
	2019				2018
	(in millions)
Cash and cash equivalents	$	1,765			$	2,247
Restricted cash included in other assets	6				7
Total cash, cash equivalents and restricted cash	$	1,771			$	2,254

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e765-108305

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.10-01.(b)(6))
-URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e725-108305

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794

+ Details

Name:	us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration