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DERIVATIVES (Tables) | 12 Months Ended
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Oct. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Aggregated notional amounts by currency and designation | The aggregated notional amounts by currency and designation as of October 31, 2021 were as follows:
|  | Derivatives Designated as Cash Flow Hedges |  | Derivatives Designated as Net Investment Hedges |  | Derivatives Not Designated as Hedging Instruments
|  | Forward Contracts USD |  | Forward Contracts USD |  | Forward Contracts USD
Currency |  | Buy/(Sell) |  | Buy/(Sell) |  | Buy/(Sell)
|  | (in millions)
Euro |  | $ | (86) |  |  | $ | (93) |  |  | $ | 65 |
British Pound |  | (66) |  |  | — |  |  | (3) |
Canadian Dollar |  | (53) |  |  | — |  |  | (2) |
Japanese Yen |  | (87) |  |  | — |  |  | (43) |
Danish Krone |  | — |  |  | — |  |  | 36 |
Korean Won |  | (60) |  |  | — |  |  | (18) |
Singapore Dollar |  | 16 |  |  | — |  |  | 26 |
Swiss Franc |  | — |  |  | — |  |  | (10) |
Chinese Yuan Renminbi |  | (87) |  |  | — |  |  | (37) |
Taiwan Dollar |  | — |  |  | — |  |  | (17) |
Brazilian Real |  | — |  |  | — |  |  | (14) |
Other |  | 4 |  |  | — |  |  | (9) |
|  | $ | (419) |  |  | $ | (93) |  |  | $ | (26) |
Gross fair values and balance sheet location of derivative instruments held in the consolidated balance sheet | The gross fair values and balance sheet location of derivative instruments held in the consolidated balance sheet as of October 31, 2021 and 2020 were as follows:
Fair Values of Derivative Instruments
Asset Derivatives |  | Liability Derivatives
|  | Fair Value |  |  |  | Fair Value
Balance Sheet Location |  | October 31, 2021 |  | October 31, 2020 |  | Balance Sheet Location |  | October 31, 2021 |  | October 31, 2020
(in millions)
Derivatives designated as hedging instruments: |  |  |  |  |  |  |  |  |  |
Cash flow hedges |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  |  |  |  |  |  |  |  |  |
Other current assets |  | $ | 6 |  |  | $ | — |  |  | Other accrued liabilities |  | $ | 2 |  |  | $ | 12 |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  |  |  |  |  |  |  |  |  |
Other current assets |  | $ | 3 |  |  | $ | 2 |  |  | Other accrued liabilities |  | $ | 3 |  |  | $ | 5 |
Total derivatives |  | $ | 9 |  |  | $ | 2 |  |  |  |  | $ | 5 |  |  | $ | 17 |
Effect of derivative instruments for foreign exchange contracts in the consolidated statement of operations | The effects of derivative instruments for foreign exchange contracts designated as hedging instruments and not designated as hedging instruments in our consolidated statement of operations were as follows:
| Years Ended October 31,
| 2021 |  | 2020 |  | 2019
| (in millions)
Derivatives designated as hedging instruments: |  |  |  |  |
Cash flow hedges |  |  |  |  |
Foreign exchange contracts: |  |  |  |  |
Loss on interest rate swaps recognized in other comprehensive income (loss) | $ | — |  |  | $ | — |  |  | $ | (6) |
Loss reclassified from accumulated other comprehensive income (loss) into interest expense | $ | (1) |  |  | $ | (1) |  |  | $ | (1) |
Gain (loss) recognized in accumulated other comprehensive income (loss) | $ | 2 |  |  | $ | (12) |  |  | $ | — |
Gain (loss) reclassified from accumulated other comprehensive income (loss) into cost of sales | $ | (16) |  |  | $ | (1) |  |  | $ | 9 |
Gain on time value of forward contracts recorded in cost of sales | $ | — |  |  | $ | 2 |  |  | $ | 2 |
Net investment hedges |  |  |  |  |
Foreign exchange contracts: |  |  |  |  |
Gain (loss) recognized in accumulated other comprehensive income (loss) - translation adjustment | $ | 1 |  |  | $ | (5) |  |  | $ | — |
Gain on time value of forward contracts recorded in other income (expense) | 1 |  | — |  |  | — |
Derivatives not designated as hedging instruments: |  |  |  |  |
Gain (loss) recognized in other income (expense), net | $ | — |  |  | $ | (1) |  |  | $ | 2 |

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