Financial Summary (All financials)
| In millions, except per share items | Oct-31-22 | Oct-31-21 | Oct-31-20 | Oct-31-19 | Oct-31-18 | Oct-31-17 | Oct-31-16 | Oct-31-15 |
| Revenues | 62,983.0 | 63,487.0 | 56,639.0 | 58,756.0 | 58,472.0 | 52,056.0 | 48,238.0 | 51,463.0 |
| Revenue growth | -0.8% | 12.1% | -3.6% | 0.5% | 12.3% | 7.9% | -6.3% | -9.2% |
| Cost of goods sold | 50,648.0 | 50,070.0 | 46,202.0 | 47,586.0 | 47,803.0 | 42,478.0 | 39,240.0 | 41,524.0 |
| Gross profit | 12,335.0 | 13,417.0 | 10,437.0 | 11,170.0 | 10,669.0 | 9,578.0 | 8,998.0 | 9,939.0 |
| Gross margin | 19.6% | 21.1% | 18.4% | 19.0% | 18.2% | 18.4% | 18.7% | 19.3% |
| Selling, general and administrative | 5,264.0 | 5,741.0 | 4,906.0 | 5,368.0 | 5,099.0 | 4,532.0 | 3,833.0 | 4,719.0 |
| Research and development | 1,593.0 | 1,907.0 | 1,478.0 | 1,499.0 | 1,404.0 | 1,190.0 | 1,209.0 | 1,191.0 |
| EBITA | 5,478.0 | 5,769.0 | 4,053.0 | 4,303.0 | 4,166.0 | 3,856.0 | 3,777.0 | 4,086.0 |
| EBITA margin | 8.7% | 9.1% | 7.2% | 7.3% | 7.1% | 7.4% | 7.8% | 7.9% |
| Amortization of intangibles | 228.0 | 154.0 | 113.0 | 116.0 | 80.0 | 1.0 | 16.0 | 102.0 |
| EBIT | 5,250.0 | 5,615.0 | 3,940.0 | 4,187.0 | 4,086.0 | 3,855.0 | 3,761.0 | 3,984.0 |
| EBIT margin | 8.3% | 8.8% | 7.0% | 7.1% | 7.0% | 7.4% | 7.8% | 7.7% |
| Pre-tax income | 4,441.0 | 7,511.0 | 3,231.0 | 2,523.0 | 3,013.0 | 3,276.0 | 3,761.0 | 3,532.0 |
| Income taxes | 1,238.0 | 1,008.0 | 387.0 | -629.0 | -2,314.0 | 750.0 | 1,095.0 | -186.0 |
| Tax rate | 27.9% | 13.4% | 12.0% | | | 22.9% | 29.1% | |
| Net income | 3,203.0 | 6,503.0 | 2,844.0 | 3,152.0 | 5,327.0 | 2,526.0 | 2,496.0 | 4,554.0 |
| Net margin | 5.1% | 10.2% | 5.0% | 5.4% | 9.1% | 4.9% | 5.2% | 8.8% |
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| Diluted EPS | $3.05 | $5.33 | $2.00 | $2.07 | $3.26 | $1.48 | $1.53 | $2.03 |
| Shares outstanding (diluted) | 1,050.0 | 1,220.0 | 1,420.0 | 1,524.0 | 1,634.0 | 1,702.0 | 1,743.0 | 1,836.0 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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