XML 26 R13.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Supplemental Financial Information | 12 Months Ended
--- | ---
Oct. 30, 2022
Balance Sheet Related Disclosures [Abstract] |
Supplemental Financial Information | Supplemental Financial Information Cash Equivalents Cash equivalents included $3,915 million and $4,668 million of time deposits and $2,365 million and $1,607 million of money-market funds as of October 30, 2022 and October 31, 2021, 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 consolidated statements of cash flows. Total trade accounts receivable sold under the factoring arrangements were $3,700 million, $4,027 million and $3,723 million during fiscal years 2022, 2021 and 2020, respectively. Factoring fees for the sales of receivables were recorded in other income (expense), net and were not material for any of the periods presented. Inventory
|  | October 30, 2022 |  | October 31, 2021
|  | (In millions)
Finished goods |  | $ | 780 |  |  | $ | 423 |
Work-in-process |  | 966 |  |  | 680 |
Raw materials |  | 179 |  |  | 194 |
Total inventory |  | $ | 1,925 |  |  | $ | 1,297 |
Property, Plant and Equipment, Net
|  | October 30, 2022 |  | October 31, 2021
|  | (In millions)
Land |  | $ | 195 |  |  | $ | 195 |
Construction in progress |  | 63 |  |  | 38 |
Buildings and leasehold improvements |  | 1,156 |  |  | 1,150 |
Machinery and equipment |  | 4,413 |  |  | 4,161 |
Total property, plant and equipment |  | 5,827 |  |  | 5,544 |
Accumulated depreciation and amortization |  | (3,604) |  |  | (3,196) |
Total property, plant and equipment, net |  | $ | 2,223 |  |  | $ | 2,348 |
Depreciation expense was $529 million, $539 million and $570 million for fiscal years 2022, 2021, and 2020, respectively. Other Current Assets
|  | October 30, 2022 |  | October 31, 2021
|  | (In millions)
Prepaid expenses |  | $ | 864 |  |  | $ | 539 |
Other |  | 341 |  |  | 516 |
Total other current assets |  | $ | 1,205 |  |  | $ | 1,055 |
Other Current Liabilities
|  | October 30, 2022 |  | October 31, 2021
|  | (In millions)
Contract liabilities |  | $ | 2,931 |  |  | $ | 2,619 |
Tax liabilities |  | 680 |  |  | 541 |
Interest payable |  | 393 |  |  | 282 |
Other |  | 408 |  |  | 397 |
Total other current liabilities |  | $ | 4,412 |  |  | $ | 3,839 |
Other Long-Term Liabilities
|  | October 30, 2022 |  | October 31, 2021
|  | (In millions)
Unrecognized tax benefits, interest and penalties |  | $ | 3,229 |  |  | $ | 3,407 |
Contract liabilities |  | 410 |  |  | 566 |
Other |  | 774 |  |  | 887 |
Total other long-term liabilities |  | $ | 4,413 |  |  | $ | 4,860 |
Other Income (Expense), Net
|  | Fiscal Year
|  | 2022 |  | 2021 |  | 2020
|  | (In millions)
Gain (loss) on investments |  | $ | (169) |  |  | $ | 99 |  |  | $ | 31 |
Other income |  | 30 |  |  | 26 |  |  | 56 |
Interest income |  | 100 |  |  | 16 |  |  | 53 |
Other expense |  | (15) |  |  | (10) |  |  | (50) |
Gain from lapse of indemnification |  | — |  |  | — |  |  | 116 |
Other income (expense), net |  | $ | (54) |  |  | $ | 131 |  |  | $ | 206 |
Other income includes foreign exchange gains, dividends, and other miscellaneous items.

X
- References No definition available. + Details
Name: | us-gaap_BalanceSheetRelatedDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI https://asc.fasb.org/topic&trid=2122208 + Details
Name: | us-gaap_SupplementalBalanceSheetDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration