Squid are cephalopod

Cephalopod

A cephalopod is any member of the molluscan class Cephalopoda . These exclusively marine animals are characterized by bilateral body symmetry, a prominent head, and a set of arms or tentacles modified from the primitive molluscan foot...

s of the order

Order (biology)

In scientific classification used in biology, the order is# a taxonomic rank used in the classification of organisms. Other well-known ranks are life, domain, kingdom, phylum, class, family, genus, and species, with order fitting in between class and family...

 Teuthida, which comprises around 300 species. Like all other cephalopods, squid have a distinct head, bilateral symmetry, a mantle

Mantle (mollusc)

The mantle is a significant part of the anatomy of molluscs: it is the dorsal body wall which covers the visceral mass and usually protrudes in the form of flaps well beyond the visceral mass itself.In many, but by no means all, species of molluscs, the epidermis of the mantle secretes...

, and arms

Cephalopod arm

A cephalopod arm is distinct from a tentacle, though the terms are often used interchangeably.Generally, cephalopod arms have suckers along most of their length, as opposed to tentacles, which have suckers only near their ends. Octopuses have eight arms and no tentacles, while squid and cuttlefish...

. Squid, like cuttlefish

Cuttlefish

Cuttlefish are marine animals of the order Sepiida. They belong to the class Cephalopoda . Despite their name, cuttlefish are not fish but molluscs....

, have eight arms

Cephalopod arm

A cephalopod arm is distinct from a tentacle, though the terms are often used interchangeably.Generally, cephalopod arms have suckers along most of their length, as opposed to tentacles, which have suckers only near their ends. Octopuses have eight arms and no tentacles, while squid and cuttlefish...

 arranged in pairs and two, usually longer, tentacle

Tentacle

A tentacle or bothrium is one of usually two or more elongated flexible organs present in animals, especially invertebrates. The term may also refer to the hairs of the leaves of some insectivorous plants. Usually, tentacles are used for feeding, feeling and grasping. Anatomically, they work like...

s. Squid are strong swimmers and certain species can 'fly' for short distances out of the water.
Squid have differentiated from their ancestral molluscs such that the body plan has been condensed antero-posteriorly and extended dorso-ventrally.