OTHER COMPREHENSIVE INCOME ITEMS (Tables)

12 Months Ended

Oct. 27, 2024

OTHER COMPREHENSIVE INCOME ITEMS

Schedule of After-Tax Components of Accumulated Other Comprehensive Income (Loss)

The after-tax components of accumulated other comprehensive income (loss) follow:


			2024			2023			2022
Retirement benefits adjustment		$	(1,274)		$	(845)		$	(389)
Cumulative translation adjustment			(2,286)			(2,151)			(2,594)
Unrealized gain (loss) on derivatives			(72)			(8)			21
Unrealized loss on debt securities			(74)			(110)			(94)
Accumulated other comprehensive income (loss)		$	(3,706)		$	(3,114)		$	(3,056)

Schedule of Amounts Recorded in and Reclassifications out of Other Comprehensive Income (Loss) and the Income Tax Effects

The following tables reflect amounts recorded in other comprehensive income (loss), as well as reclassifications out of other comprehensive income (loss).


		Before			Tax			After
		Tax			(Expense)			Tax
		Amount			Credit			Amount
2024
Cumulative translation adjustment		$	(147)		$	12		$	(135)
Unrealized gain (loss) on interest rate derivatives:
Unrealized hedging gain (loss)			(10)			2			(8)
Reclassification of realized (gain) loss to Interest expense			(71)			15			(56)
Net unrealized gain (loss) on derivatives			(81)			17			(64)
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)			45			(8)			37
Reclassification of realized (gain) loss to Other income			(1)						(1)
Net unrealized gain (loss) on debt securities			44			(8)			36
Retirement benefits adjustment:
Net actuarial gain (loss)			(568)			136			(432)
Reclassification to Other operating expenses through amortization of:
Actuarial (gain) loss			(72)			19			(53)
Prior service (credit) cost			36			(9)			27
Settlements/curtailments			38			(9)			29
Net unrealized gain (loss) on retirement benefits adjustment			(566)			137			(429)
Total other comprehensive income (loss)		$	(750)		$	158		$	(592)


		Before			Tax			After
		Tax			(Expense)			Tax
		Amount			Credit			Amount
2023
Cumulative translation adjustment:
Unrealized translation gain (loss)		$	424		$	(2)		$	422
Reclassification of realized (gain) loss to:
Selling, administrative and general expenses			10						10
Other operating expenses			11						11
Net unrealized translation gain (loss)			445			(2)			443
Unrealized gain (loss) on interest rate derivatives:
Unrealized hedging gain (loss)			25			(5)			20
Reclassification of realized (gain) loss to Interest expense			(62)			13			(49)
Net unrealized gain (loss) on derivatives			(37)			8			(29)
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)			(20)			4			(16)
Net unrealized gain (loss) on debt securities			(20)			4			(16)
Retirement benefits adjustment:
Net actuarial gain (loss)			(589)			139			(450)
Reclassification to Other operating expenses through amortization of:
Actuarial (gain) loss			(81)			20			(61)
Prior service (credit) cost			37			(9)			28
Settlements			37			(10)			27
Net unrealized gain (loss) on retirement benefits adjustment			(596)			140			(456)
Total other comprehensive income (loss)		$	(208)		$	150		$	(58)


		Before			Tax			After
		Tax			(Expense)			Tax
		Amount			Credit			Amount
2022
Cumulative translation adjustment		$	(1,105)		$	(11)		$	(1,116)
Unrealized gain (loss) on interest rate derivatives:
Unrealized hedging gain (loss)			89			(19)			70
Reclassification of realized (gain) loss to Interest expense			(9)			2			(7)
Net unrealized gain (loss) on derivatives			80			(17)			63
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)			(140)			30			(110)
Reclassification of realized (gain) loss to Other income			1						1
Net unrealized gain (loss) on debt securities			(139)			30			(109)
Retirement benefits adjustment:
Net actuarial gain (loss)			1,192			(298)			894
Prior service credit (cost)			(517)			124			(393)
Reclassification to Other operating expenses through amortization of:
Actuarial (gain) loss			116			(29)			87
Prior service (credit) cost			30			(7)			23
Settlements/curtailment			45			(11)			34
Net unrealized gain (loss) on retirement benefits adjustment			866			(221)			645
Total other comprehensive income (loss)		$	(298)		$	(219)		$	(517)