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STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Apr. 30, 2024
Schedule of Accumulated Other Comprehensive Income (Loss)
Changes in accumulated other comprehensive income (loss) by component and related tax effects were as follows (in millions):
Net defined benefit pension cost and post retirement plan costs
Three Months Ended April 30, 2024Foreign currency translationPrior service creditsActuarial LossesUnrealized gains (losses) on derivativesTotal
(in millions)
As of January 31, 2024$(280)$122 $(166)$$(316)
Other comprehensive income (loss) before reclassifications(24)— (14)
Amounts reclassified out of accumulated other comprehensive income (loss)— — (5)(1)(6)
Tax (expense) benefit— — (2)(1)
Other comprehensive income (loss)(24)— (3)(21)
As of April 30, 2024$(304)$122 $(169)$14 $(337)
Six Months Ended April 30, 2024
As of October 31, 2023$(301)$122 $(165)$17 $(327)
Other comprehensive income (loss) before reclassifications— (1)
Amounts reclassified out of accumulated other comprehensive income (loss)(8)— (8)(4)(20)
Tax (expense) benefit— — 
Other comprehensive income (loss)(3)— (4)(3)(10)
As of April 30, 2024$(304)$122 $(169)$14 $(337)
Reclassification out of Accumulated Other Comprehensive Income
Reclassifications out of accumulated other comprehensive income (loss) for the three and six months ended April 30, 2024 and 2023 were as follows (in millions):
Details about accumulated other
comprehensive income (loss) components
Amounts Reclassified from
other comprehensive income (loss)
Affected line item in
statement of operations
Three Months EndedSix Months Ended
April 30,April 30,
2024202320242023
Foreign currency translation$— $— $$— Other income (expense)
— — — Total before income tax
— — — — (Provision) benefit for income tax
— — — Total net of income tax
Unrealized gain (loss) on derivatives(3)Cost of products
Unrealized gain (loss) on derivatives(1)(1)(1)(1)Interest expense
(4)Total before income tax
— (1)(1)(Provision) benefit for income tax
(3)Total net of income tax
Net defined benefit pension cost and post retirement plan costs:
Actuarial net gain (loss)(1)— Other income (expense)
Prior service benefit— — Other income (expense)
— Total before income tax
(1)— (2)(1)(Provision) benefit for income tax
— — Total net of income tax
Total reclassifications for the period$$(3)$17 $