Balance Sheet Detail

3 Months Ended

Jan. 30, 2022


	January 30, 2022		October 31, 2021

	(In millions)
Inventories
Customer service spares	$	1,228	$	1,251
Raw materials	1,351		1,136
Work-in-process	974		873
Finished goods	973		1,049
	$	4,526	$	4,309

Included in finished goods inventory are $62 million as of January 30, 2022, and $58 million as of October 31, 2021, of newly-introduced systems at customer locations where the sales transaction did not meet Applied’s revenue recognition criteria as set forth in Note 1. Finished goods inventory includes $375 million and $380 million of evaluation inventory as of January 30, 2022 and October 31, 2021, respectively.


	January 30, 2022		October 31, 2021

	(In millions)
Other Current Assets


Prepaid income taxes and income taxes receivable	$	384	$	593
Prepaid expenses and other	655		793
	$	1,039	$	1,386


	Useful Life	January 30, 2022		October 31, 2021

	(In years)	(In millions)
Property, Plant and Equipment, Net
Land and improvements		$	334	$	334
Buildings and improvements	3-30	1,847		1,780
Demonstration and manufacturing equipment	3-5	1,914		1,820
Furniture, fixtures and other equipment	3-5	698		720
Construction in progress		308		326
Gross property, plant and equipment		5,101		4,980
Accumulated depreciation		(3,127)		(3,046)
		$	1,974	$	1,934


	January 30, 2022		October 31, 2021

	(In millions)
Deferred Income Taxes and Other Assets
Non-current deferred income taxes	$	1,590	$	1,623
Operating lease right-of-use assets	296		294
Income tax receivables and other assets	262		229
	$	2,148	$	2,146


	January 30, 2022		October 31, 2021

	(In millions)
Accounts Payable and Accrued Expenses
Accounts payable	$	1,502	$	1,472

Compensation and employee benefits	487		924

Warranty	254		242
Dividends payable	212		214
Income taxes payable	721		734

Other accrued taxes	17		24
Interest payable	55		39

Operating lease liabilities, current	76		73
Other	543		546
	$	3,867	$	4,268


	January 30, 2022		October 31, 2021

	(In millions)
Other Liabilities


Defined and postretirement benefit plans	$	191	$	193
Operating lease liabilities, non-current	227		228
Other	334		271
	$	752	$	692