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INVENTORY
12 Months Ended
Oct. 31, 2023
Inventory Disclosure [Abstract]  
INVENTORY INVENTORY
Inventory as of October 31, 2023 and 2022 consisted of the following:
 October 31,
 20232022
 (in millions)
Finished goods$570 $555 
Purchased parts and fabricated assemblies461 483 
Inventory$1,031 $1,038 

Inventory-related excess and obsolescence charges of $40 million were recorded in cost of products in 2023, $24 million in 2022 and $29 million in 2021. 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.