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Stockholders' Equity (Tables)
12 Months Ended
Oct. 30, 2022
Equity [Abstract]  
Summary of Dividends
Fiscal Year
202220212020
(In millions, except per share data)
Dividends per share to common stockholders$16.40 $14.40 $13.00 
Dividends to common stockholders$6,733 $5,913 $5,235 
Dividends per share to preferred stockholders$80.00 $80.00 $80.00 
Dividends to preferred stockholders$299 $299 $299 
Summary of Stock-Based Compensation Expense
 Fiscal Year
202220212020
(In millions)
Cost of products sold$65 $78 $109 
Cost of subscriptions and services82 65 50 
Research and development1,048 1,199 1,419 
Selling, general and administrative338 362 398 
Total stock-based compensation expense$1,533 $1,704 $1,976 
Estimated income tax benefits for stock-based compensation$255 $283 $345 
Excess income tax benefits for stock-based awards exercised or released$375 $310 $147 
Summary of Market-Based Awards Weighted-Average Assumptions
The following table summarizes the weighted-average assumptions utilized to calculate the fair value of market-based awards granted in the periods presented:
Fiscal Year
202220212020
Risk-free interest rate1.4 %0.3 %1.2 %
Dividend yield2.7 %3.0 %4.7 %
Volatility37.1 %39.0 %31.2 %
Expected term (in years)3.43.44.0
Summary of Restricted Stock Unit Awards
A summary of time- and market-based RSU activity is as follows:
Number of RSUs
Outstanding
Weighted-Average
Grant Date
Fair Value
Per Share
(In millions, except per share data)
Balance as of November 3, 201940 $188.52 
Granted$252.36 
Vested(8)$210.84 
Forfeited(3)$198.17 
Balance as of November 1, 202032 $188.35 
Granted$408.69 
Vested(8)$214.15 
Forfeited(3)$189.84 
Balance as of October 31, 202123 $200.38 
Granted$527.69 
Vested(7)$225.52 
Forfeited(1)$242.82 
Balance as of October 30, 202218 $238.49