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Supplemental Financial Information
 9 Months Ended
Aug. 01, 2021
Disclosure Text Block Supplement [Abstract]  
Supplemental Financial Information Supplemental Financial Information
Cash Equivalents
Cash equivalents included $3,880 million and $2,471 million of time deposits and $1,555 million and $790 million of money-market funds as of August 1, 2021 and November 1, 2020, respectively. For time deposits, carrying value approximates fair value due to the short-term nature of the instruments. The fair value of money-market funds, which was consistent with their carrying value, was determined using unadjusted prices in active, accessible markets for identical assets, and as such, they were classified as Level 1 assets in the fair value hierarchy.
Accounts Receivable Factoring
We sell certain of our trade accounts receivable on a non-recourse basis to third-party financial institutions pursuant to factoring arrangements. We account for these transactions as sales of receivables and present cash proceeds as cash provided by operating activities in the condensed consolidated statements of cash flows. Total trade accounts receivable sold under the factoring arrangements were $1,000 million and $2,827 million during the fiscal quarter and three fiscal quarters ended August 1, 2021, respectively, and $927 million and $2,754 million for the fiscal quarter and three fiscal quarters ended August 2, 2020, respectively. Factoring fees for the sales of receivables were recorded in other income, net and were not material for any of the periods presented.
Inventory
August 1,
2021		November 1,
2020
(In millions)
Finished goods$329 $323 
Work-in-process673 558 
Raw materials158 122 
Total inventory$1,160 $1,003 
Other Current Assets
August 1,
2021		November 1,
2020
(In millions)
Prepaid expenses$509 $387 
Other (miscellaneous)628 590 
Total other current assets $1,137 $977 
Other Current Liabilities
August 1,
2021		November 1,
2020
(In millions)
Contract liabilities$3,008 $2,620 
Tax liabilities492 440 
Interest payable471 304 
Other (miscellaneous)390 467 
Total other current liabilities$4,361 $3,831 
Other Long-Term Liabilities
August 1,
2021		November 1,
2020
(In millions)
Unrecognized tax benefits$3,282 $3,185 
Contract liabilities620 823 
Other (miscellaneous)932 1,418 
Total other long-term liabilities$4,834 $5,426 
Supplemental Cash Flow Information
Fiscal Quarter EndedThree Fiscal Quarters Ended
August 1,
2021		August 2,
2020		August 1,
2021		August 2,
2020
(In millions)
Cash paid for interest$253 $269 $994 $1,025 
Cash paid for income taxes$167 $44 $607 $299 
As of August 1, 2021 and August 2, 2020, $20 million and $37 million, respectively, of unpaid purchases of property, plant and equipment were included in accounts payable. Amounts reported as unpaid purchases are presented as cash outflows from investing activities for purchases of property, plant and equipment in the condensed consolidated statements of cash flows in the period in which they are paid.