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INVENTORY | 12 Months Ended
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Oct. 31, 2024
Inventory Disclosure [Abstract] |
INVENTORY | INVENTORY Inventory as of October 31, 2024 and 2023 consisted of the following:
| October 31,
| 2024 |  | 2023
| (in millions)
Finished goods | $ | 523 |  |  | $ | 570 |
Purchased parts and fabricated assemblies | 449 |  |  | 461 |
Inventory | $ | 972 |  |  | $ | 1,031 |
Inventory-related excess and obsolescence charges of $45 million were recorded in cost of products in 2024, $40 million in 2023 and $24 million in 2022. We record excess and obsolete inventory charges for both inventory on our site as well as inventory at our contract manufacturers and suppliers where we have non-cancelable purchase commitments.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/330/tableOfContent + Details
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