XML 43 R33.htm IDEA: XBRL DOCUMENT v3.22.1

FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Apr. 30, 2022

Fair Value Disclosures [Abstract]

Fair Value Assets And Liabilities Measured On Recurring Basis

Financial assets and liabilities measured at fair value on a recurring basis as of April 30, 2022 were as follows:

 

									Fair Value Measurement at April 30, 2022 Using
			April 30, 2022						Quoted Prices  in Active  Markets for  Identical Assets  (Level 1)						Significant  Other  Observable  Inputs  (Level 2)						Significant  Unobservable  Inputs  (Level 3)
			(in millions)
Assets:
Short-term
Cash equivalents (money market funds)			$	571					$	571					$	—					$	—
Derivative instruments (foreign exchange contracts)			38						—						38						—
Short-term investments - Equity securities with RDFV			21						16						5						—
Long-term
Trading securities			35						35						—						—
Other investments			27						—						27						—
Total assets measured at fair value			$	692					$	622					$	70					$	—
Liabilities:
Short-term
Derivative instruments (foreign exchange contracts)			$	12					$	—					$	12					$	—
Contingent consideration			64						—						—						64
Long-term
Deferred compensation liability			35						—						35						—
Contingent consideration			3						—						—						3
Total liabilities measured at fair value			$	114					$	—					$	47					$	67

Financial assets and liabilities measured at fair value on a recurring basis as of October 31, 2021 were as follows:

									Fair Value Measurement at October 31, 2021 Using
			October 31, 2021						Quoted Prices  in Active  Markets for  Identical Assets  (Level 1)						Significant  Other  Observable  Inputs  (Level 2)						Significant  Unobservable  Inputs  (Level 3)
			(in millions)
Assets:
Short-term
Cash equivalents (money market funds)			$	919					$	919					$	—					$	—
Derivative instruments (foreign exchange contracts)			9						—						9						—
Short-term investments - Equity securities with RDFV			91						83						8						—
Long-term
Trading securities			34						34						—						—
Other investments			31						—						31						—
Total assets measured at fair value			$	1,084					$	1,036					$	48					$	—
Liabilities:
Short-term
Derivative instruments (foreign exchange contracts)			$	5					$	—					$	5					$	—
Contingent consideration			62						—						—						62
Long-term
Deferred compensation liability			34						—						34						—
Contingent consideration			27						—						—						27
Total liabilities measured at fair value			$	128					$	—					$	39					$	89

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The contingent consideration liability is our only recurring Level 3 asset or liability. A summary of the Level 3 activity follows:

			Three Months Ended												Six Months Ended
			April 30,												April 30,
			2022						2021						2022						2021
			(in millions)
Beginning balance			$	92					$	—					$	89					$	—
Additions to contingent consideration (including measurement period adjustment)			$	3					$	96					$	3					$	96
Change in fair value (included within selling, general and administrative expenses)			$	(28)					$	—					$	(25)					$	—
Ending balance			$	67					$	96					$	67					$	96

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19279-110258

+ Details

Name:	us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration