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RESTRUCTURING AND OTHER RELATED COSTS (Notes) | 6 Months Ended
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Apr. 30, 2025
Restructuring and Related Activities [Abstract] |
Restructuring and Related Activities Disclosure | RESTRUCTURING AND OTHER RELATED COSTS Summary of Restructuring Plans. In fiscal year 2025, we announced a restructuring plan designed to optimize our management structure to better serve our customers. In fiscal years 2024 and 2023, we announced restructuring plans that were designed to reduce costs and expenses in response to macroeconomic conditions. These actions impact all three of our business segments. The costs associated with these restructuring plans were not allocated to our business segments' results; however, each business segment will benefit from the future cost savings from these actions. When completed, the restructuring programs are expected to result in the reduction in annual cost of sales and operating expenses over the three business segments. A summary of our aggregate liability relating to the restructuring plans and the total restructuring expense since inception of those plans are shown in the table below:
|  |  |  |  |  |  | Workforce Reduction Total
|  |  |  |  |  | (in millions)
Balance at October 31, 2024 |  |  |  |  |  |  | $ | 13 |
Income statement expense |  |  |  |  |  |  | 1 |
Cash payments |  |  |  |  |  |  | (9) |
Balance at January 31, 2025 |  |  |  |  |  |  | $ | 5 |
Income statement expense |  |  |  |  |  |  | 56 |
Non-cash settlement (accelerated share-based compensation expense) |  |  |  |  |  |  | (5) |
Cash payments |  |  |  |  |  |  | (5) |
Currency translation impact |  |  |  |  |  |  | 1 |
Balance at April 30, 2025 |  |  |  |  |  |  | $ | 52 |
Restructuring expense since inception of all plans: |  |  |  |  |  |  |
Fiscal Year 2025 Plan |  |  |  |  |  |  | 56
Fiscal Year 2024 Plan |  |  |  |  |  |  | 73 |
Fiscal Year 2023 Plan |  |  |  |  |  |  | 50 |
Total restructuring expense since inception of all plans |  |  |  |  |  |  | $ | 179 |
The aggregate restructuring liability of $52 million at April 30, 2025, is recorded in other accrued liabilities on the condensed consolidated balance sheet and reflects estimated future cash outlays. A summary of the charges in the condensed consolidated statement of operations resulting from the restructuring plans is shown below:
|  | Three Months Ended |  | Six Months Ended
|  | April 30, |  | April 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
|  | (in millions)
Cost of products and services |  | $ | 15 |  |  | $ | — |  |  | $ | 15 |  |  | $ | — |
Research and development |  | 3 |  |  | — |  |  | 3 |  |  | 2 |
Selling, general and administrative |  | 38 |  |  | 1 |  |  | 39 |  |  | 2 |
Total restructuring expense |  | $ | 56 |  |  | $ | 1 |  |  | $ | 57 |  |  | $ | 4 |
Fiscal Year 2025 Plan ("FY25 Plan"). In the second quarter of fiscal year 2025, we announced a restructuring plan designed to optimize our management structure to better serve our customers. The expense associated with this workforce reduction includes severance and other personnel-related costs. We expect to substantially complete these restructuring activities by the second quarter of fiscal year 2026. In connection with the FY25 Plan, we have recorded approximately $56 million in restructuring and other related costs in both the three and six months ended April 30, 2025. A summary of the FY25 Plan activity is shown in the table below:
| Workforce Reduction
| (in millions)
Balance at January 31, 2025 | $ | — |
Income statement expense | 56 |
Non-cash settlement (accelerated share-based compensation expense) | (5) |
Cash payments | (1) |
Currency translation impact | 1 |
Balance at April 30, 2025 | $ | 51 |
Total restructuring expense since inception of FY25 Plan | $ | 56 |
Fiscal Year 2024 Plan ("FY24 Plan"). In the third quarter of fiscal year 2024, we announced a restructuring plan designed to reduce costs and expenses in response to macroeconomic conditions. The expense associated with this workforce reduction includes severance and other personnel-related costs. As of April 30, 2025, we have substantially completed all workforce management actions and expect to settle the remaining payments by the end of fiscal year 2025. In connection with the FY24 Plan, we have recorded approximately $1 million in restructuring and other related costs due to changes in estimates in the six months ended April 30, 2025. A summary of the FY24 Plan activity is shown in the table below:
| Workforce Reduction
| (in millions)
Balance at October 31, 2024 | $ | 11 |
Income statement expense | 1 |
Cash payments | (8) |
Balance at January 31, 2025 | $ | 4 |
Cash payments | (3) |
Balance at April 30, 2025 | $ | 1 |
Total restructuring expense since inception of FY24 Plan | $ | 73 |
Fiscal Year 2023 Plan ("FY23 Plan"). We have substantially completed all workforce management actions and payments in connection with the FY23 Plan. During the three and six months ended April 30, 2025, we settled cash payments of $1 million and $2 million, respectively.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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