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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 05, 2021
Nov. 27, 2020
[1]
Current assets:    
Cash and cash equivalents $ 3,452 $ 4,478
Short-term investments 1,511 1,514
Trade receivables, net of allowances for doubtful accounts of $21 for both periods 1,520 1,398
Prepaid expenses and other current assets 901 756
Total current assets 7,384 8,146
Property and equipment, net 1,530 1,517
Operating lease right-of-use assets, net 477 487
Goodwill 11,845 10,742
Other intangibles, net 1,729 1,359
Deferred income taxes 1,262 1,370
Other assets 758 663
Total assets 24,985 24,284
Current liabilities:    
Trade payables 254 306
Accrued expenses 1,243 1,422
Deferred revenue 4,134 3,629
Income taxes payable 81 63
Operating lease liabilities 94 92
Total current liabilities 5,806 5,512
Long-term liabilities:    
Debt 4,119 4,117
Deferred revenue 151 130
Income taxes payable 540 529
Deferred income taxes 81 10
Operating lease liabilities 494 499
Other liabilities 248 223
Total liabilities 11,439 11,020
Stockholders' equity:    
Preferred stock, $0.0001 par value; 2 shares authorized, none issued 0 0
Common stock, $0.0001 par value; 900 shares authorized; 601 shares issued; 479 shares outstanding for both periods 0 0
Additional paid-in-capital 7,617 7,357
Retained earnings 20,521 19,611
Accumulated other comprehensive income (loss) (141) (158)
Treasury stock, at cost (122 shares for both periods) (14,451) (13,546)
Total stockholders’ equity 13,546 13,264
Total liabilities and stockholders' equity $ 24,985 $ 24,284
[1] The condensed consolidated balance sheet as of November 27, 2020 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.