XML 43 R33.htm IDEA: XBRL DOCUMENT
v3.23.1

Leases (Tables) | 6 Months Ended
--- | ---
Apr. 30, 2023
Leases [Abstract] |
Schedule of Lease Expense | The components of lease expense and supplemental information were as follows:
| Three Months Ended |  | Six Months Ended
| April 30, 2023 |  | May 1, 2022 |  | April 30, 2023 |  | May 1, 2022
| (In millions, except percentages)
Operating lease cost | $ | 39 |  |  | $ | 22 |  |  | $ | 65 |  |  | $ | 43 |
Finance lease cost: |  |  |  |  |  |  |
Amortization of right-of-use assets |  |  |  |  | $ | 1 |  |  | $ | — |
Interest on lease liabilities |  |  |  |  | $ | 1 |  |  | $ | — |
Weighted-average remaining lease term (in years) - operating leases |  |  |  |  | 6.1 |  | 6.4
Weighted-average remaining lease term (in years) - finance leases |  |  |  |  | 1.4 |  | n/a
Weighted-average discount rate - operating leases |  |  |  |  | 2.7% |  | 2.8%
Weighted-average discount rate - finance leases |  |  |  |  | 4.6% |  | n/a
Supplemental cash flow information related to leases are as follows:
|  |  | Six Months Ended
|  |  |  |  | April 30, 2023 |  | May 1, 2022
|  |  |  |  | (In millions)
Operating cash flows paid for operating leases |  |  |  |  | $ | 65 |  |  | $ | 43 |
Operating cash flows paid for finance leases |  |  |  |  | $ | 1 |  |  | $ | — |
Financing cash flows paid for finance leases |  |  |  |  | $ | 9 |  |  | $ | — |
Right-of-use assets obtained in exchange for operating lease liabilities |  |  |  |  | $ | 50 |  |  | $ | 139 |
Right-of-use assets obtained in exchange for finance lease liabilities |  |  |  |  | $ | 109 |  |  | $ | — |
Schedule of Operating Lease, Maturities of Lease Liabilities | As of April 30, 2023, the maturities of lease liabilities are as follows:
| Operating Leases |  | Finance Leases
Fiscal | (In millions)
2023 (remaining 6 months) | $ | 51 |  |  | — |
2024 | 92 |  |  | 106 |
2025 | 72 |  |  | — |
2026 | 39 |  |  | — |
2027 | 30 |  |  | — |
Thereafter | 115 |  |  | — |
Total lease payments | $ | 399 |  |  | $ | 106 |
Less imputed interest | (36) |  |  | (5) |
Total | $ | 363 |  |  | $ | 101 |
Schedule of finance lease maturities | As of April 30, 2023, the maturities of lease liabilities are as follows:
| Operating Leases |  | Finance Leases
Fiscal | (In millions)
2023 (remaining 6 months) | $ | 51 |  |  | — |
2024 | 92 |  |  | 106 |
2025 | 72 |  |  | — |
2026 | 39 |  |  | — |
2027 | 30 |  |  | — |
Thereafter | 115 |  |  | — |
Total lease payments | $ | 399 |  |  | $ | 106 |
Less imputed interest | (36) |  |  | (5) |
Total | $ | 363 |  |  | $ | 101 |

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration