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Derivative Instruments and Hedging Activities (Tables) | 6 Months Ended
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Apr. 28, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments | The gain (loss) on derivatives in cash flow hedging relationships recognized in AOCI for derivatives designated as hedging instruments for the indicated periods were as follows:
| Three Months Ended |  | Six Months Ended
| April 28, 2024 |  | April 30, 2023 |  | April 28, 2024 |  | April 30, 2023
| (In millions)
Derivatives in Cash Flow Hedging Relationships: |  |  |  |  |  |  |
Foreign exchange contracts | $ | (6) |  |  | $ | 2 |  |  | $ | 28 |  |  | $ | (47) |
Interest rate contracts | 15 |  |  | — |  |  | 20 |  |  | — |
Total | $ | 9 |  |  | $ | 2 |  |  | $ | 48 |  |  | $ | (47) |
Schedule of Effect of Derivative Instruments on The Consolidated Statement of Operations | The effects of derivative instruments and hedging activities on the Consolidated Condensed Statements of Operations were as follows:
| Three Months Ended
| April 28, 2024 |  | April 30, 2023
|  |  | Derivatives in Cash Flow Hedging Relationships |  |  |  | Derivatives in Cash Flow Hedging Relationships
| Total Amount Presented in the Consolidated Condensed Statement of Operations in which the Effects of Cash Flow Hedges are Recorded |  | Amount of Gain or (Loss) Reclassified from AOCI into Consolidated Condensed Statement of Operations |  | Amount of Gain (Loss) Excluded from Effectiveness Testing Recognized in Consolidated Condensed Statement of Operations |  | Total Amount Presented in the Consolidated Condensed Statement of Operations in which the Effects of Cash Flow Hedges are Recorded |  | Amount of Gain or (Loss) Reclassified from AOCI into Consolidated Condensed Statement of Operations |  | Amount of Gain (Loss) Excluded from Effectiveness Testing Recognized in Consolidated Condensed Statement of Operations
| (In millions)
Foreign Exchange Contracts: |  |  |  |  |  |  |  |  |  |
Net revenue | $ | 6,646 |  |  | $ | 9 |  |  | $ | (1) |  |  | $ | 6,630 |  |  | $ | 14 |  |  | $ | — |
Research, development and engineering | $ | 785 |  |  | (1) |  |  | — |  |  | $ | 775 |  |  | (3) |  |  | — |
Marketing and selling | $ | 209 |  |  | (1) |  |  | — |  |  | $ | 194 |  |  | — |  |  | — |
General and administrative | $ | 247 |  |  | — |  |  | — |  |  | $ | 214 |  |  | (1) |  |  | — |
Interest Rate Contracts: |  |  |  |  |  |  |  |  |  |
Interest expense | $ | 59 |  |  | (3) |  |  | — |  |  | $ | 61 |  |  | (3) |  |  | — |
|  |  | $ | 4 |  |  | $ | (1) |  |  |  |  | $ | 7 |  |  | $ | — |
| Six Months Ended
| April 28, 2024 |  | April 30, 2023
|  |  | Derivatives in Cash Flow Hedging Relationships |  |  |  | Derivatives in Cash Flow Hedging Relationships
| Total Amount Presented in the Consolidated Condensed Statement of Operations in which the Effects of Cash Flow Hedges are Recorded |  | Amount of Gain or (Loss) Reclassified from AOCI into Consolidated Condensed Statement of Operations |  | Amount of Gain (Loss) Excluded from Effectiveness Testing Recognized in Consolidated Condensed Statement of Operations |  | Total Amount Presented in the Consolidated Condensed Statement of Operations in which the Effects of Cash Flow Hedges are Recorded |  | Amount of Gain or (Loss) Reclassified from AOCI into Consolidated Condensed Statement of Operations |  | Amount of Gain (Loss) Excluded from Effectiveness Testing Recognized in Consolidated Condensed Statement of Operations
| (In millions)
Foreign Exchange Contracts: |  |  |  |  |  |  |  |  |  |
Net sales | $ | 13,353 |  |  | $ | 14 |  |  | $ | (1) |  |  | $ | 13,369 |  |  | $ | 39 |  |  | $ | — |
Cost of products sold | $ | 6,996 |  |  | (1) |  |  | — |  |  | $ | 7,130 |  |  | 2 |  |  | — |
Research, development and engineering | $ | 1,539 |  |  | (4) |  |  | — |  |  | $ | 1,546 |  |  | (3) |  |  | — |
Marketing and selling | $ | 416 |  |  | (1) |  |  | — |  |  | $ | 391 |  |  | — |  |  | — |
General and administrative | $ | 523 |  |  | — |  |  | — |  |  | $ | 421 |  |  | (1) |  |  | — |
Interest Rate Contracts: |  |  |  |  |  |  |  |  |  |
Interest expense | $ | 118 |  |  | (6) |  |  | — |  |  | $ | 120 |  |  | (6) |  |  | — |
|  |  | $ | 2 |  |  | $ | (1) |  |  |  |  | $ | 31 |  |  | $ | — |
Schedule of Derivatives Not Designated As Hedging Instruments in Statement of Operations |
|  |  | Amount of Gain or (Loss) Recognized in Consolidated Condensed Statement of Operations
|  | Three Months Ended |  | Six Months Ended
Location of Gain or (Loss) Recognized in Consolidated Condensed Statement of Operations |  | April 28, 2024 |  | April 30, 2023 |  | April 28, 2024 |  | April 30, 2023
|  |  | (In millions)
Derivatives Not Designated as Hedging Instruments |  |  |  |  |  |  |  |
Foreign exchange contracts | Interest and other income, net |  | $ | 17 |  |  | $ | 12 |  |  | $ | 18 |  |  | $ | (36) |
Total return swaps - deferred compensation | Cost of products sold |  | 1 |  |  | — |  |  | 4 |  |  | 1 |
Total return swaps - deferred compensation | Operating expenses |  | 8 |  |  | 2 |  |  | 39 |  |  | 14 |
Total return swaps - deferred compensation | Interest and other income, net |  | (4) |  |  | (2) |  |  | (7) |  |  | (4) |
Total |  |  | $ | 22 |  |  | $ | 12 |  |  | $ | 54 |  |  | $ | (25) |

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