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Net Earnings Per Share
3 Months Ended
Jan. 31, 2020
Earnings Per Share [Abstract]  
Net Earnings Per Share Net Earnings Per Share
The Company calculates basic net EPS using net earnings and the weighted-average number of shares outstanding during the reporting period. Diluted net EPS includes the weighted-average dilutive effect of restricted stock units, stock options, and performance-based awards.
The reconciliations of the numerators and denominators of each of the basic and diluted net EPS calculations were as follows:
 
Three months ended January 31,
 
2020
 
2019
 
In millions, except per share amounts
Numerator:
 

 
 

Net earnings
$
333

 
$
177

Denominator:
 

 
 

Weighted-average shares used to compute basic net EPS
1,300

 
1,401

Dilutive effect of employee stock plans
15

 
11

Weighted-average shares used to compute diluted net EPS
1,315

 
1,412

Net earnings per share:
 

 
 

Basic
$
0.26

 
$
0.13

Diluted
$
0.25

 
$
0.13

Anti-dilutive weighted-average stock awards(1)
1

 
7

 
(1)
The Company excludes shares potentially issuable under employee stock plans that could dilute basic net EPS in the future from the calculation of diluted net earnings per share, as their effect, if included, would have been anti-dilutive for the periods presented.