(4) Other Comprehensive Income Items The after-tax components of accumulated other comprehensive income (loss) follow: | | | | | | | | | | | | | April 27 | | October 27 | | April 28 | | | | 2025 | | 2024 | | 2024 | | Retirement benefits adjustment | | $ | (1,269) | | $ | (1,274) | | $ | (953) | | Cumulative translation adjustment | | | (1,990) | | | (2,286) | | | (2,094) | | Unrealized gain (loss) on derivatives | | | (81) | | | (72) | | | (15) | | Unrealized gain (loss) on debt securities | | | (65) | | | (74) | | | (109) | | Accumulated other comprehensive income (loss) | | $ | (3,405) | | $ | (3,706) | | $ | (3,171) | |
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 | | Three Months Ended April 27, 2025 | | Amount | | Credit | | Amount | | Cumulative translation adjustment | | $ | 749 | | $ | (5) | | $ | 744 | | Unrealized gain (loss) on interest rate derivatives: | | | | | | | | | | | Unrealized hedging gain (loss) | | | (11) | | | 3 | | | (8) | | Net unrealized gain (loss) on derivatives | | | (11) | | | 3 | | | (8) | | Unrealized gain (loss) on debt securities: | | | | | | | | | | | Unrealized holding gain (loss) | | | 30 | | | (8) | | | 22 | | Reclassification of realized (gain) loss to Other income | | | 2 | | | | | | 2 | | Net unrealized gain (loss) on debt securities | | | 32 | | | (8) | | | 24 | | Retirement benefits adjustment: | | | | | | | | | | | Net actuarial gain (loss) | | | 6 | | | (2) | | | 4 | | Reclassification to Other operating expenses through amortization of: | | | | | | | | | | | Actuarial (gain) loss | | | (14) | | | 3 | | | (11) | | Prior service (credit) cost | | | 8 | | | (1) | | | 7 | | Settlements | | | 3 | | | (1) | | | 2 | | Net unrealized gain (loss) on retirement benefits adjustment | | | 3 | | | (1) | | | 2 | | Total other comprehensive income (loss) | | $ | 773 | | $ | (11) | | $ | 762 | |
| | | | | | | | | | | | | Before | | Tax | | After | | | | Tax | | (Expense) | | Tax | | Six Months Ended April 27, 2025 | | Amount | | Credit | | Amount | | Cumulative translation adjustment | | $ | 300 | | $ | (4) | | $ | 296 | | Unrealized gain (loss) on interest rate derivatives: | | | | | | | | | | | Unrealized hedging gain (loss) | | | (4) | | | 1 | | | (3) | | Reclassification of realized (gain) loss to Interest expense | | | (8) | | | 2 | | | (6) | | Net unrealized gain (loss) on derivatives | | | (12) | | | 3 | | | (9) | | Unrealized gain (loss) on debt securities: | | | | | | | | | | | Unrealized holding gain (loss) | | | 11 | | | (4) | | | 7 | | Reclassification of realized (gain) loss to Other income | | | 2 | | | | | | 2 | | Net unrealized gain (loss) on debt securities | | | 13 | | | (4) | | | 9 | | Retirement benefits adjustment: | | | | | | | | | | | Net actuarial gain (loss) | | | 12 | | | (3) | | | 9 | | Reclassification to Other operating expenses through amortization of: | | | | | | | | | | | Actuarial (gain) loss | | | (25) | | | 6 | | | (19) | | Prior service (credit) cost | | | 17 | | | (4) | | | 13 | | Settlements | | | 3 | | | (1) | | | 2 | | Net unrealized gain (loss) on retirement benefits adjustment | | | 7 | | | (2) | | | 5 | | Total other comprehensive income (loss) | | $ | 308 | | $ | (7) | | $ | 301 | |
| | | | | | | | | | | | | Before | | Tax | | After | | | | Tax | | (Expense) | | Tax | | Three Months Ended April 28, 2024 | | Amount | | Credit | | Amount | | Cumulative translation adjustment | | $ | (217) | | | | | $ | (217) | | Unrealized gain (loss) on interest rate derivatives: | | | | | | | | | | | Unrealized hedging gain (loss) | | | 26 | | $ | (5) | | | 21 | | Reclassification of realized (gain) loss to Interest expense | | | (16) | | | 3 | | | (13) | | Net unrealized gain (loss) on derivatives | | | 10 | | | (2) | | | 8 | | Unrealized gain (loss) on debt securities: | | | | | | | | | | | Unrealized holding gain (loss) | | | (13) | | | 1 | | | (12) | | Net unrealized gain (loss) on debt securities | | | (13) | | | 1 | | | (12) | | Retirement benefits adjustment: | | | | | | | | | | | Net actuarial gain (loss) | | | (109) | | | 26 | | | (83) | | Reclassification to Other operating expenses through amortization of: | | | | | | | | | | | Actuarial (gain) loss | | | (16) | | | 5 | | | (11) | | Prior service (credit) cost | | | 9 | | | (3) | | | 6 | | Settlements | | | 1 | | | | | | 1 | | Net unrealized gain (loss) on retirement benefits adjustment | | | (115) | | | 28 | | | (87) | | Total other comprehensive income (loss) | | $ | (335) | | $ | 27 | | $ | (308) | |
| | | | | | | | | | | | | Before | | Tax | | After | | | | Tax | | (Expense) | | Tax | | Six Months Ended April 28, 2024 | | Amount | | Credit | | Amount | | Cumulative translation adjustment | | $ | 56 | | $ | 1 | | $ | 57 | | Unrealized gain (loss) on interest rate derivatives: | | | | | | | | | | | Unrealized hedging gain (loss) | | | 18 | | | (3) | | | 15 | | Reclassification of realized (gain) loss to Interest expense | | | (27) | | | 5 | | | (22) | | Net unrealized gain (loss) on derivatives | | | (9) | | | 2 | | | (7) | | Unrealized gain (loss) on debt securities: | | | | | | | | | | | Unrealized holding gain (loss) | | | (12) | | | 7 | | | (5) | | Reclassification of realized (gain) loss to Other income | | | 8 | | | (2) | | | 6 | | Net unrealized gain (loss) on debt securities | | | (4) | | | 5 | | | 1 | | Retirement benefits adjustment: | | | | | | | | | | | Net actuarial gain (loss) | | | (126) | | | 30 | | | (96) | | Reclassification to Other operating expenses through amortization of: | | | | | | | | | | | Actuarial (gain) loss | | | (36) | | | 10 | | | (26) | | Prior service (credit) cost | | | 18 | | | (5) | | | 13 | | Settlements | | | 1 | | | | | | 1 | | Net unrealized gain (loss) on retirement benefits adjustment | | | (143) | | | 35 | | | (108) | | Total other comprehensive income (loss) | | $ | (100) | | $ | 43 | | $ | (57) | |
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