|
Condensed Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions
|
6 Months Ended |
|
Apr. 30, 2011
|
Apr. 30, 2010
|
| Cash flows from operating activities: |
 |
 |
| Net income |
$ 393 |
$ 187 |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: |
 |
 |
| Depreciation and amortization |
127 |
75 |
| Share-based compensation |
44 |
38 |
| Deferred taxes |
38 |
45 |
| Excess and obsolete and inventory-related charges |
13 |
13 |
| Asset impairment charges |
5 |
20 |
| Net loss (gain) on sale of assets and investments |
(4) |
4 |
| Other |
4 |
0 |
| Changes in assets and liabilities: |
 |
 |
| Accounts receivable |
(26) |
(93) |
| Inventory |
(139) |
(17) |
| Accounts payable |
(19) |
55 |
| Employee compensation and benefits |
14 |
18 |
| Other assets and liabilities |
48 |
(90) |
| Net cash provided by operating activities |
498 |
255 |
| Cash flows from investing activities: |
 |
 |
| Investments in property, plant and equipment |
(89) |
(54) |
| Proceeds from sale of property, plant and equipment |
0 |
1 |
| Proceeds from sale of investments |
14 |
8 |
| Proceeds from divestiture, net of cash divested |
0 |
20 |
| Acquisitions of businesses and intangible assets, net of cash acquired |
(96) |
(12) |
| Change in restricted cash and cash equivalents, net |
1,545 |
4 |
| Net cash provided by (used in) investing activities |
1,374 |
(33) |
| Cash flows from financing activities: |
 |
 |
| Issuance of common stock under employee stock plans |
204 |
224 |
| Repayment of debt |
(1,500) |
(15) |
| Treasury stock repurchases |
(270) |
(265) |
| Net cash used in financing activities |
(1,566) |
(56) |
| Effect of exchange rate movements |
20 |
1 |
| Net increase in cash and cash equivalents |
326 |
167 |
| Cash and cash equivalents at beginning of period |
2,649 |
2,479 |
| Cash and cash equivalents at end of period |
$ 2,975 |
$ 2,646 |