XML 45 R24.htm IDEA: XBRL DOCUMENT v3.21.2
Net Earnings (Loss) Per Share
12 Months Ended
Oct. 31, 2021
Earnings Per Share [Abstract]  
Net Earnings (Loss) Per Share Net Earnings (Loss) Per Share
The Company calculates basic net earnings per share ("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 outstanding 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:
 For the fiscal years ended October 31,
 202120202019
 In millions, except per share amounts
Numerator:   
Net earnings (loss) $3,427 $(322)$1,049 
Denominator:   
Weighted-average shares used to compute basic net EPS1,309 1,294 1,353 
Dilutive effect of employee stock plans21 — 13 
Weighted-average shares used to compute diluted net EPS1,330 1,294 1,366 
Net earnings (loss) per share:
Basic $2.62 $(0.25)$0.78 
Diluted $2.58 $(0.25)$0.77 
Anti-dilutive weighted-average stock awards(1)
49 
(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 (loss) per share, as their effect, if included, would have been anti-dilutive for the periods presented.