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Selected Quarterly Financial Data | 12 Months Ended
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Nov. 27, 2020
Quarterly Financial Information Disclosure [Abstract] |
SELECTED QUARTERLY FINANCIAL DATA | SELECTED QUARTERLY FINANCIAL DATA (unaudited)
| 2020
(in millions, except per share data) | Quarter Ended
| February 28 |  | May 29 |  | August 28 |  | November 27
Revenue | $ | 3,091 |  |  | $ | 3,128 |  |  | $ | 3,225 |  |  | $ | 3,424 |
Gross profit | $ | 2,639 |  |  | $ | 2,713 |  |  | $ | 2,798 |  |  | $ | 2,996 |
Income before income taxes | $ | 919 |  |  | $ | 1,000 |  |  | $ | 1,060 |  |  | $ | 1,197 |
Net income | $ | 955 |  |  | $ | 1,100 |  |  | $ | 955 |  |  | $ | 2,250 |
Basic net income per share | $ | 1.98 |  |  | $ | 2.28 |  |  | $ | 1.99 |  |  | $ | 4.69 |
Diluted net income per share | $ | 1.96 |  |  | $ | 2.27 |  |  | $ | 1.97 |  |  | $ | 4.64 |
| 2019
(in millions, except per share data) | Quarter Ended
| March 1 |  | May 31 |  | August 30 |  | November 29
Revenue | $ | 2,601 |  |  | $ | 2,744 |  |  | $ | 2,834 |  |  | $ | 2,992 |
Gross profit | $ | 2,204 |  |  | $ | 2,337 |  |  | $ | 2,418 |  |  | $ | 2,540 |
Income before income taxes | $ | 702 |  |  | $ | 711 |  |  | $ | 835 |  |  | $ | 957 |
Net income | $ | 674 |  |  | $ | 633 |  |  | $ | 793 |  |  | $ | 852 |
Basic net income per share | $ | 1.38 |  |  | $ | 1.30 |  |  | $ | 1.63 |  |  | $ | 1.76 |
Diluted net income per share | $ | 1.36 |  |  | $ | 1.29 |  |  | $ | 1.61 |  |  | $ | 1.74 |
Our fiscal year is a 52- or 53-week year that ends on the Friday closest to November 30. Each of the fiscal quarters presented were comprised of 13 weeks.

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- References No definition available. + Details
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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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