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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 05, 2021
Feb. 28, 2020
Cash flows from operating activities:    
Net income $ 1,261 $ 955
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 196 188
Stock-based compensation 260 217
Reduction of operating lease right-of-use assets 19 21
Deferred income taxes 117 (93)
Unrealized losses (gains) on investments, net 0 6
Other non-cash items 2 2
Changes in operating assets and liabilities, net of acquired assets and assumed liabilities:    
Trade receivables, net (82) 145
Prepaid expenses and other assets (242) (197)
Trade payables (59) 55
Accrued expenses and other liabilities (200) (98)
Income taxes payable 29 10
Deferred revenue 471 114
Net cash provided by operating activities 1,772 1,325
Cash flows from investing activities:    
Purchases of short-term investments (289) (213)
Maturities of short-term investments 246 235
Proceeds from sales of short-term investments 39 26
Acquisitions, net of cash acquired (1,470) 0
Purchases of property and equipment (59) (94)
Purchases of long-term investments, intangibles and other assets (25) (2)
Net cash used for investing activities (1,558) (48)
Cash flows from financing activities:    
Repurchases of common stock (950) (850)
Proceeds from re-issuance of treasury stock 87 88
Taxes paid related to net share settlement of equity awards (391) (467)
Proceeds from issuance of debt 0 3,144
Repayment of debt 0 (3,150)
Other financing activities, net 10 2
Net cash used for financing activities (1,244) (1,233)
Effect of foreign currency exchange rates on cash and cash equivalents 4 (6)
Net increase (decrease) in cash and cash equivalents (1,026) 38
Cash and cash equivalents at beginning of period 4,478 [1] 2,650
Cash and cash equivalents at end of period 3,452 2,688
Supplemental disclosures:    
Cash paid for income taxes, net of refunds 91 45
Cash paid for interest $ 50 $ 38
[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.