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Retirement Plans and Post-Retirement Benefits (Tables)
 12 Months Ended
Nov. 03, 2019
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Net Pension and Post-Retirement Benefit Costs
 
 
Pension Benefits
 
Post-Retirement Benefits
 
 
Fiscal Year
 
Fiscal Year
 
 
2019
 
2018
 
2017
 
2019
 
2018
 
2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In millions)
Service cost
 
$
10

 
$
4

 
$
4

 
$
—

 
$
—

 
$
—

Interest cost
 
58

 
51

 
53

 
3

 
3

 
3

Expected return on plan assets
 
(59
)
 
(51
)
 
(65
)
 
(3
)
 
(4
)
 
(4
)
Other
 
1

 
1

 
1

 
(1
)
 
—

 
—

Net periodic benefit (income) cost
 
$
10

 
$
5

 
$
(7
)
 
$
(1
)
 
$
(1
)
 
$
(1
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Net actuarial (gain) loss
 
$
13

 
$
14

 
$
(60
)
 
$
11

 
$
(3
)
 
$
(3
)
Schedule of Funded Status of Pension and Post-Retirement Benefit Plans
 
 
Pension Benefits
 
Post-Retirement Benefits
 
 
November 3,
2019
 
November 4,
2018
 
November 3,
2019
 
November 4,
2018
 
 
 
 
 
 
 
 
 
 
 
(In millions)
Change in plan assets:
 
 

 
 

 
 

 
 

Fair value of plan assets — beginning of period
 
$
1,394

 
$
1,426

 
$
81

 
$
83

Actual return on plan assets
 
232

 
(65
)
 
6

 
—

Employer contributions
 
15

 
130

 
1

 
—

Payments from plan assets
 
(94
)
 
(93
)
 
(3
)
 
(2
)
Foreign currency impact
 
(8
)
 
(4
)
 
—

 
—

Fair value of plan assets — end of period
 
1,539

 
1,394

 
85

 
81

Change in benefit obligations:
 
 

 
 

 
 

 
 

Benefit obligations — beginning of period
 
1,364

 
1,508

 
74

 
80

Service cost
 
10

 
4

 
—

 
—

Interest cost
 
58

 
51

 
3

 
3

Actuarial (gain) loss
 
186

 
(102
)
 
14

 
(7
)
Benefit payments
 
(94
)
 
(93
)
 
(3
)
 
(2
)
Plan amendment
 
—

 
3

 
—

 
—

Benefit obligations assumed in an acquisition
 
37

 
—

 
5

 
—

Foreign currency impact
 
(8
)
 
(7
)
 
—

 
—

Benefit obligations — end of period
 
1,553

 
1,364

 
93

 
74

 
 
 
 
 
 
 
 
 
Overfunded (underfunded) status of benefit obligations (a)
 
$
(14
)
 
$
30

 
$
(8
)
 
$
7

 
 
 
 
 
 
 
 
 
Actuarial losses and prior service costs recognized in accumulated other comprehensive loss, net of taxes
 
$
(125
)
 
$
(110
)
 
$
(15
)
 
$
(5
)

_________________________________
(a)
Substantially all amounts recognized in the consolidated balance sheets were recorded in other long-term assets and other long-term liabilities for all periods presented.
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets
Plans with benefit obligations in excess of plan assets:
 
 
Pension Benefits
 
Post-Retirement Benefits
 
 
November 3,
2019
 
November 4,
2018
 
November 3,
2019
 
November 4,
2018
 
 
 
 
 
 
 
 
 
 
 
(In millions)
Projected benefit obligations
 
$
92

 
$
551

 
$
—

 
$
—

Accumulated benefit obligations
 
$
80

 
$
546

 
$
16

 
$
14

Fair value of plan assets
 
$
32

 
$
528

 
$
—

 
$
—
Schedule of Accumulated Benefit Obligation Less Than Fair Value of Plan Assets
Plans with benefit obligations less than plan assets:
 
 
Pension Benefits
 
Post-Retirement Benefits
 
 
November 3,
2019
 
November 4,
2018
 
November 3,
2019
 
November 4,
2018
 
 
 
 
 
 
 
 
 
 
 
(In millions)
Projected benefit obligations
 
$
1,461

 
$
813

 
$
—

 
$
—

Accumulated benefit obligations
 
$
1,460

 
$
812

 
$
77

 
$
60

Fair value of plan assets
 
$
1,507

 
$
866

 
$
85

 
$
81
Schedule of Expected Benefit Payments
Fiscal Years:
 
Pension Benefits
 
Post-Retirement Benefits
 
 
 
 
 
 
 
(In millions)
2020
 
$
93

 
$
6

2021
 
$
92

 
$
4

2022
 
$
92

 
$
4

2023
 
$
92

 
$
4

2024
 
$
93

 
$
4

2025-2029
 
$
449

 
$
23
Schedule of Assumptions Used
 
 
Assumptions for Benefit Obligations
as of
 
Assumptions for Net Periodic Benefit (Income) Cost
Fiscal Year
 
 
November 3,
2019
 
November 4,
2018
 
2019
 
2018
 
2017
Defined benefit pension plans:
 
 
 
 
 
 
 
 
 
 
Discount rate
 
0.47%-7.00%
 
0.50%-8.00%
 
0.50%-8.00%
 
0.50%-7.00%
 
0.50%-7.00%
Average increase in compensation levels
 
2.00%-10.00%
 
2.00%-10.00%
 
1.80%-10.00%
 
2.00%-11.00%
 
2.00%-9.15%
Expected long-term return on assets
 
N/A
 
N/A
 
1.50%-7.75%
 
1.50%-7.50%
 
0.25%-8.00%
 
 
Assumptions for Benefit Obligations
as of
 
Assumptions for Net Periodic Benefit (Income) Cost
Fiscal Year
 
 
November 3,
2019
 
November 4,
2018
 
2019
 
2018
 
2017
Post-retirement benefits plans:
 
 
 
 
 
 
 
 
 
 
Discount rate
 
2.80%-3.20%
 
4.30%-4.60%
 
4.12%-4.60%
 
3.40%-3.80%
 
3.30%-3.90%
Average increase in compensation levels
 
3.00%
 
3.00%
 
3.00%
 
3.00%
 
3.50%
Expected long-term return on assets
 
N/A
 
N/A
 
4.80%
 
4.80%
 
4.40%
Schedule of Health Care Cost Trend Rates
 
 
Assumed Health Care Cost Trend Rate Used to Measure the Expected Cost of Benefits as of
 
 
November 3,
2019
 
November 4,
2018
 
 
 
 
 
Health care cost trend rate assumed for next year
 
4.50%-7.40%
 
6.70%
Rate to which the health care cost trend rate is assumed to decline (ultimate health care cost trend rate)
 
3.50%-4.50%
 
3.50%
Year that the rate reaches the ultimate health care cost trend rate
 
2031
 
2031
Pension Plan  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Allocation of Plan Assets
 
 
November 3, 2019
 
 
Fair Value Measurements at Reporting Date Using
 
 
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
(In millions)
Cash equivalents
 
$
34

(a)
 
$
—

 
 
$
—

 
$
34

Equity securities:
 
 
 
 
 
 
 
 
 
 
Non-U.S. equity securities
 
21

(b)
 
—

 
 
—

 
21

Fixed-income securities:
 
 
 
 
 
 
 
 
 
 
U.S. treasuries
 
—

 
 
82

(c)
 
—

 
82

Corporate bonds
 
—

 
 
1,372

(c)
 
—

 
1,372

Municipal bonds
 
—

 
 
19

(c)
 
—

 
19

Government bonds
 
—

 
 
10

(c)
 
—

 
10

Asset-backed securities
 
—

 
 
1

(c)
 
—

 
1

 Total plan assets
 
$
55

 
 
$
1,484

 
 
$
—

 
$
1,539

 
 
November 4, 2018
 
 
Fair Value Measurements at Reporting Date Using
 
 
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
(In millions)
Cash equivalents
 
$
36

(a)
 
$
—

 
 
$
—

 
$
36

Equity securities:
 
 
 
 
 
 
 
 
 
 
Non-U.S. equity securities
 
19

(b)
 
—

 
 
—

 
19

Fixed-income securities:
 
 
 
 
 
 
 
 
 
 
U.S. treasuries
 
—

 
 
80

(c)
 
—

 
80

Corporate bonds
 
—

 
 
1,229

(c)
 
—

 
1,229

Municipal bonds
 
—

 
 
17

(c)
 
—

 
17

Government bonds
 
—

 
 
13

(c)
 
—

 
13

 Total plan assets
 
$
55

 
 
$
1,339

 
 
$
—

 
$
1,394

_________________________________
(a)
Cash equivalents primarily included short-term investment funds which consisted of short-term money market instruments that were valued based on quoted prices in active markets.
(b)
These equity securities were valued based on quoted prices in active markets.
(c)
These amounts consisted of investments that were traded less frequently than Level 1 securities and were valued using inputs that included quoted prices for similar assets in active markets and inputs other than quoted prices that were observable for the asset, such as interest rates, yield curves, prepayment speeds, collateral performance, broker/dealer quotes and indices that were observable at commonly quoted intervals.