STOCKHOLDERS' EQUITY
3 Months Ended
Jan. 31, 2015
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS EQUITY
16. STOCKHOLDERS' EQUITY
 
Stock Repurchase Program
 
On November 22, 2013 we announced that our board of directors had authorized a new share repurchase program effective in the first quarter of fiscal year 2014, upon the conclusion of the company's $1 billion repurchase program. The new program is designed to reduce or eliminate dilution resulting from issuance of stock under the company's employee equity incentive programs to target maintaining a weighted average share count of approximately 335 million diluted shares.

For the three months ended January 31, 2015, we repurchased 158 thousand shares for $6 million. For the three months ended January 31, 2014, 2 million shares were repurchased for $100 million. All such shares and related costs are held as treasury stock and accounted for using the cost method.
 
Cash Dividends on Shares of Common Stock
 
During the three months ended January 31, 2015, we paid cash dividends of $0.100 per common share or $34 million on the company's common stock. During the three months ended January 31, 2014, we paid cash dividends of $0.132 per common share or $44 million on the company's common stock.

The timing and amounts of any future dividends are subject to determination and approval by our board of directors.

Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive income (loss) by component and related tax effects for the three months ended January 31, 2015 were as follows (in millions):

 
 
 
 
 
 
Net defined benefit pension cost and post retirement plan costs
 
 
 
 
 
 
Unrealized gain on investments
 
Foreign currency translation
 
Prior service credits
 
Actuarial Losses
 
Unrealized gains (losses) on derivatives
 
Total
 
 
(in millions)
As of October 31, 2014
 
$
17

 
$
156

 
$
255

 
$
(771
)
 
$
9

 
$
(334
)
Transfer to Keysight
 
(17
)
 
(9
)
 
(83
)
 
444

 
(3
)
 
332

Balance after transfer to Keysight
 

 
147

 
172

 
(327
)
 
6

 
(2
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications
 

 
(271
)
 

 
(3
)
 
10

 
(264
)

 
 
 
 
 
 
 
 
 
 
 
 
Amounts reclassified out of accumulated other comprehensive income (loss)
 

 

 
(4
)
 
9

 
(4
)
 
1


 
 
 
 
 
 
 
 
 
 
 
 
Tax (expense) benefit
 

 
6

 
2

 
(2
)
 
(2
)
 
4


 
 
 
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss)
 

 
(265
)
 
(2
)
 
4

 
4

 
(259
)

 
 
 
 
 
 
 
 
 
 
 
 
As of January 31, 2015
 
$

 
$
(118
)
 
$
170

 
$
(323
)
 
$
10

 
$
(261
)
 
 
 
 
 
 
 
 
 
 
 
 
 



Reclassifications out of accumulated other comprehensive income (loss) for the three months ended January 31, 2015 and 2014 were as follows (in millions):
Details about accumulated other
 
Amounts Reclassified
Affected line item in
comprehensive income (loss) components
 
from other comprehensive income (loss)
statement of operations
 
 
 
 
 
 
 
 
 
Three Months Ended
 
 
 
 
January
 
 
 
 
2015

2014
 
 
 
 



 
 
Unrealized gains and (losses) on derivatives
 
$
4


$
(1
)
 
Cost of products
 
 
4


(1
)
 
Total before income tax
 
 
(1
)

1

 
(Provision)/benefit for income tax
 
 
3



 
Total net of income tax
Net defined benefit pension cost and post retirement plan costs:
 



 
 
 
 



 
 
Actuarial net loss
 
(9
)

(17
)
 
 
Prior service benefit
 
4


12

 
 
 
 
(5
)

(5
)
 
Total before income tax
 
 



 
(Provision)/benefit for income tax
 
 
(5
)

(5
)
 
Total net of income tax
 
 



 
 
Total reclassifications for the period
 
$
(2
)

$
(5
)
 
 


Amounts in parentheses indicate reductions to income and increases to other comprehensive income (loss).

Reclassifications of prior service benefit and actuarial net loss in respect of retirement plans and post retirement pension plans are included in the computation of net periodic cost (see Note 12 "Retirement Plans and Post Retirement Pension Plans").