Financial Instruments (Tables)

12 Months Ended

Oct. 31, 2013

Financial Instruments

Schedule of cash equivalents and available-for-sale investments

	October 31, 2013									October 31, 2012
	Cost		Gross Unrealized Gain		Gross Unrealized Loss			Fair Value		Cost		Gross Unrealized Gain		Gross Unrealized Loss			Fair Value
	In millions
Cash Equivalents
Time deposits	$	2,207	$	—	$	—		$	2,207	$	3,633	$	—	$	—		$	3,633
Money market funds		6,819		—		—			6,819		4,630		—		—			4,630
Mutual funds		13		—		—			13		69		—		—			69
Total cash equivalents		9,039		—		—			9,039		8,332		—		—			8,332
Available-for-Sale Investments
Debt securities:
Time deposits		14		—		—			14		8		—		—			8
Foreign bonds		310		86		—			396		303		82		—			385
Other debt securities		64		—		(15	)		49		73		—		(17	)		56
Total debt securities		388		86		(15	)		459		384		82		(17	)		449
Equity securities:
Mutual funds		300		—		—			300		400		—		—			400
Equity securities in public companies		5		6		—			11		50		9		—			59
Total equity securities		305		6		—			311		450		9		—			459
Total available-for-sale investments		693		92		(15	)		770		834		91		(17	)		908
Total cash equivalents and available-for-sale investments	$	9,732	$	92	$	(15	)	$	9,809	$	9,166	$	91	$	(17	)	$	9,240

Schedule of contractual maturities of short-term and long-term investments in available-for-sale debt securities

	October 31, 2013
	Cost		Fair Value
	In millions
Due in one to five years	$	16	$	16
Due in more than five years		372		443
	$	388	$	459

Schedule of gross notional and fair value of derivative financial instruments in the Consolidated Balance Sheets

	As of October 31, 2013										As of October 31, 2012
	Gross Notional(1)		Other Current Assets		Long-Term Financing Receivables and Other Assets		Other Accrued Liabilities		Long-Term Other Liabilities		Gross Notional(1)		Other Current Assets		Long-Term Financing Receivables and Other Assets		Other Accrued Liabilities		Long-Term Other Liabilities
	In millions
Derivatives designated as hedging instruments
Fair value hedges:
Interest rate contracts	$	11,100	$	31	$	125	$	—	$	107	$	7,900	$	43	$	276	$	—	$	—
Cash flow hedges:
Foreign exchange contracts		22,463		79		40		341		80		19,409		160		24		277		79
Net investment hedges:
Foreign exchange contracts		1,920		30		40		20		12		1,683		14		15		36		24
Total derivatives designated as hedging instruments		35,483		140		205		361		199		28,992		217		315		313		103
Derivatives not designated as hedging instruments
Foreign exchange contracts		16,048		72		26		76		20		18,687		61		17		51		19
Interest rate contracts(2)		—		—		—		—		—		2,200		25		—		29		—
Other derivatives		344		8		1		—		—		383		1		—		3		—
Total derivatives not designated as hedging instruments		16,392		80		27		76		20		21,270		87		17		83		19
Total derivatives	$	51,875	$	220	$	232	$	437	$	219	$	50,262	$	304	$	332	$	396	$	122

⁽¹⁾

Represents the face amounts of contracts that were outstanding as of October 31, 2013 and October 31, 2012, respectively.

⁽²⁾

Represents offsetting swaps acquired through previous business combinations that were not designated as hedging instruments.

Schedule of pre-tax effect of derivative instruments and related hedged items in a fair value hedging relationship

	(Loss) Gain Recognized in Income on Derivative and Related Hedged Item
Derivative Instrument	Location	2013			Hedged Item	Location	2013
		In millions					In millions
Interest rate contracts	Interest and other, net	$	(270	)	Fixed-rate debt	Interest and other, net	$	270

	(Loss) Gain Recognized in Income on Derivative and Related Hedged Item
Derivative Instrument	Location	2012			Hedged Item	Location	2012
		In millions					In millions
Interest rate contracts	Interest and other, net	$	(130	)	Fixed-rate debt	Interest and other, net	$	134

Schedule of pre-tax effect of derivative instruments in cash flow and net investment hedging relationships

	Gain (Loss) Recognized in Other Comprehensive Income ("OCI") on Derivative (Effective Portion)			Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
	2013			Location	2013
	In millions				In millions
Cash flow hedges:
Foreign exchange contracts	$	(53	)	Net revenue	$	48
Foreign exchange contracts		(192	)	Cost of products		(165	)
Foreign exchange contracts		(19	)	Other operating expenses		1
Foreign exchange contracts		21		Interest and other, net		10
Total cash flow hedges	$	(243	)		$	(106	)
Net investment hedges:
Foreign exchange contracts	$	38		Interest and other, net	$	—

	Gain (Loss) Recognized in OCI on Derivative (Effective Portion)			Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
	2012			Location	2012
	In millions				In millions
Cash flow hedges:
Foreign exchange contracts	$	415		Net revenue	$	423
Foreign exchange contracts		(65	)	Cost of products		(15	)
Foreign exchange contracts		(7	)	Other operating expenses		(6	)
Foreign exchange contracts		(8	)	Interest and other, net		(3	)
Total cash flow hedges	$	335			$	399
Net investment hedges:
Foreign exchange contracts	$	37		Interest and other, net	$	—

Schedule of pre-tax effect of derivative instruments not designated as hedging instruments on the Consolidated Statements of Earnings

	Gain (Loss) Recognized in Income on Derivative
	Location	2013
		In millions
Foreign exchange contracts	Interest and other, net	$	166
Other derivatives	Interest and other, net		11
Interest rate contracts	Interest and other, net		3
Total		$	180

	Gain (Loss) Recognized in Income on Derivative
	Location	2012
		In millions
Foreign exchange contracts	Interest and other, net	$	171
Other derivatives	Interest and other, net		(32	)
Interest rate contracts	Interest and other, net		13
Total		$	152