|
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) (USD $)
In Millions, unless otherwise specified
|
3 Months Ended |
|
Jan. 31, 2015
|
Jan. 31, 2014
|
| Net income |
$ 72 |
$ 195 |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: |
|
|
| Depreciation and amortization |
68 |
96 |
| Share-based compensation |
22 |
36 |
| Excess tax benefit from share-based plans |
0 |
(3) |
| Deferred taxes |
(7) |
(5) |
| Excess and obsolete inventory related charges |
4 |
11 |
| Other non-cash expenses, net |
3 |
6 |
| Changes in assets and liabilities: |
|
|
| Accounts receivable |
(15) |
40 |
| Inventory |
(5) |
(33) |
| Accounts payable |
(39) |
(1) |
| Employee compensation and benefits |
(34) |
(62) |
| Other assets and liabilities |
(89) |
(86) |
| Net cash provided by (used in) operating activities |
(20) |
194 |
| Cash flows from investing activities: |
|
|
| Investments in property, plant and equipment |
(32) |
(45) |
| Change in restricted cash and cash equivalents, net |
1 |
0 |
| Acquisitions of businesses and intangible assets, net of cash acquired |
0 |
(2) |
| Net cash used in investing activities |
(31) |
(47) |
| Cash flows from financing activities: |
|
|
| Issuance of common stock under employee stock plans |
8 |
73 |
| Payment of dividends |
(34) |
(44) |
| Excess tax benefit from share-based plans |
0 |
3 |
| Transfer of cash and cash equivalents to Keysight inc |
(796) |
0 |
| Treasury stock repurchases |
(6) |
(100) |
| Net cash used in financing activities |
(828) |
(68) |
| Effect of exchange rate movements |
(31) |
(12) |
| Net increase (decrease) in cash and cash equivalents |
(910) |
67 |
| Change in cash and cash equivalents within current assets of discontinued operations |
810 |
0 |
| Cash and cash equivalents at beginning of period |
2,218 |
2,675 |
| Cash and cash equivalents at end of period |
$ 2,118 |
$ 2,742 |