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STOCKHOLDERS' EQUITY (Notes)
 9 Months Ended
Jul. 31, 2024
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS EQUITY STOCKHOLDERS' EQUITY
 
Stock Repurchase Programs
 
On February 16, 2021 we announced that our board of directors had approved a new share repurchase program (the "2021 repurchase program") designed, among other things, to reduce or eliminate dilution resulting from issuance of stock under the company's employee equity incentive programs. The 2021 repurchase program authorized the purchase of up to $2.0 billion of our common stock at the company's discretion and had no fixed termination date. The 2021 repurchase program which became effective on February 18, 2021, replaced and terminated the 2019 repurchase program on that date. The 2021 repurchase program does not require the company to acquire a specific number of shares and may be suspended, amended or discontinued at any time. During the nine months ended July 31, 2023, we repurchased and retired 661,739 shares for $99 million under this authorization. On March 1, 2023, the 2021 repurchase program was terminated and the remaining authorization of $339 million expired.

On January 9, 2023, we announced that our board of directors had approved a share repurchase program (the "2023 repurchase program") designed, among other things, to reduce or eliminate dilution resulting from issuance of stock under the company's employee equity incentive programs. The 2023 repurchase program authorizes the purchase of up to $2.0 billion, excluding excise taxes, of our common stock at the company's discretion and has no fixed termination date. The 2023 repurchase program does not require the company to acquire a specific number of shares and may be suspended, amended or discontinued at any time. The 2023 repurchase program commenced on March 1, 2023, and also terminated and replaced the 2021 repurchase program. During the three and nine months ended July 31, 2023, we repurchased and retired 2.812 million shares for $335 million, excluding excise taxes of $2.4 million and 3.256 million shares for $396 million, excluding excise taxes of $2.4 million, respectively, under this authorization. During the three and nine months ended July 31, 2024, we repurchased and retired 4.397 million shares for $585 million, excluding excise taxes of $5.4 million and 5.991 million shares for $815 million, excluding excise taxes of $6.4 million, respectively, under this authorization. As of July 31, 2024, we had remaining authorization to repurchase up to approximately $709 million of our common stock under the 2023 repurchase program.

On May 29, 2024, we announced that our board of directors had approved a new share repurchase program (the "2024 repurchase program") designed, among other things, to reduce or eliminate dilution resulting from issuance of stock under the company's employee equity incentive programs. The 2024 repurchase program authorizes the purchase of up to $2.0 billion, excluding excise taxes, of our common stock at the company's discretion and has no fixed termination date. The 2024 repurchase program does not require the company to acquire a specific number of shares and may be suspended, amended or discontinued at any time. The 2024 repurchase program became effective on August 1, 2024 and will commence upon the termination of our 2023 repurchase program.

 
Cash Dividends on Shares of Common Stock
 
During the three and nine months ended July 31, 2024, we paid cash dividends of $0.236 per common share or $68 million and $0.708 per common share or $206 million, respectively, on the company's common stock. During the three and nine months ended July 31, 2023, we paid cash dividends of $0.225 per common share or $66 million and $0.675 per common share or $199 million, respectively, on the company's common stock. The timing and amounts of any future dividends are subject to determination and approval by our board of directors.
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 July 31, 2024Foreign currency translationPrior service creditsActuarial LossesUnrealized gains (losses) on derivativesTotal
(in millions)
As of April 30, 2024$(304)$122 $(169)$14 $(337)
Other comprehensive income (loss) before reclassifications13 — — (3)10 
Amounts reclassified out of accumulated other comprehensive income (loss)— — (4)(3)(7)
Tax (expense) benefit— — 2 1 3 
Other comprehensive income (loss)13 — (2)(5)6 
As of July 31, 2024$(291)$122 $(171)$9 $(331)
Nine Months Ended July 31, 2024
As of October 31, 2023$(301)$122 $(165)$17 $(327)
Other comprehensive income (loss) before reclassifications18 — 2 (4)16 
Amounts reclassified out of accumulated other comprehensive income (loss)(8)— (12)(7)(27)
Tax (expense) benefit— — 4 3 7 
Other comprehensive income (loss)10 — (6)(8)(4)
As of July 31, 2024$(291)$122 $(171)$9 $(331)
Reclassifications out of accumulated other comprehensive income (loss) for the three and nine months ended July 31, 2024 and 2023 were as follows (in millions):
Details about accumulated other
comprehensive income (loss) components		Amounts Reclassified from
other comprehensive income (loss)		Affected line item in
statement of operations
Three Months EndedNine Months Ended
July 31,July 31,
2024202320242023
Foreign currency translation$— $— $8 $— Other income (expense)
— — 8 — Total before income tax
— — — — (Provision) benefit for income tax
— — 8 — Total net of income tax
Unrealized gain (loss) on derivatives3 (2)8 1 Cost of products
Unrealized gain (loss) on derivatives— — (1)(1)Interest expense
3 (2)7 — Total before income tax
(1)1 (2)— (Provision) benefit for income tax
2 (1)5 — Total net of income tax
Net defined benefit pension cost and post retirement plan costs:
Actuarial net gain (loss)4 1 12 1 Other income (expense)
Prior service benefit— — — 1 Other income (expense)
4 1 12 2 Total before income tax
(2)— (4)(1)(Provision) benefit for income tax
2 1 8 1 Total net of income tax
Total reclassifications for the period$4 $— $21 $1 

Amounts in parentheses indicate reductions to income and increases to other comprehensive income (loss).

Reclassifications out of accumulated other comprehensive income (loss) of actuarial net gain (loss) and prior service benefit in respect of retirement plans and post retirement pension plans are included in the computation of net periodic benefit cost (income) (see Note 11, "Retirement Plans and Post Retirement Pension Plans").