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Net Income Per Share
 12 Months Ended
Oct. 30, 2022
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
Fiscal Year
202220212020
(In millions, except per share data)
Numerator:
Income from continuing operations$11,495 $6,736 $2,961 
Dividends on preferred stock(272)(299)(297)
Income from continuing operations attributable to common stock11,223 6,437 2,664 
Loss from discontinued operations, net of income taxes, attributable to common stock— — (1)
Net income attributable to common stock$11,223 $6,437 $2,663 
Denominator:
Weighted-average shares outstanding - basic409 410 402 
Dilutive effect of equity awards14 19 19 
Weighted-average shares outstanding - diluted423 429 421 
Net income per share attributable to common stock:
Basic$27.44 $15.70 $6.62 
Diluted$26.53 $15.00 $6.33 
For fiscal years 2022, 2021 and 2020, diluted net income per share excluded the potentially dilutive effect of 10 million, 12 million and 12 million shares of common stock, respectively, issuable upon the conversion of Mandatory Convertible Preferred Stock, as defined in Note 11. “Stockholders’ Equity,” as their effect was antidilutive.