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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 04, 2021
Nov. 27, 2020
[1]
Current assets:    
Cash and cash equivalents $ 4,250 $ 4,478
Short-term investments 1,518 1,514
Trade receivables, net of allowances for doubtful accounts of $19 and $21, respectively 1,477 1,398
Prepaid expenses and other current assets 833 756
Total current assets 8,078 8,146
Property and equipment, net 1,573 1,517
Operating lease right-of-use assets, net 458 487
Goodwill 11,859 10,742
Other intangibles, net 1,641 1,359
Deferred income taxes 1,168 1,370
Other assets 805 663
Total assets 25,582 24,284
Current liabilities:    
Trade payables 312 306
Accrued expenses 1,538 1,422
Deferred revenue 4,144 3,629
Income taxes payable 55 63
Operating lease liabilities 96 92
Total current liabilities 6,145 5,512
Long-term liabilities:    
Debt 4,120 4,117
Deferred revenue 139 130
Income taxes payable 510 529
Deferred income taxes 80 10
Operating lease liabilities 477 499
Other liabilities 259 223
Total liabilities 11,730 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; 477 and 479 shares outstanding, respectively 0 0
Additional paid-in-capital 7,877 7,357
Retained earnings 21,538 19,611
Accumulated other comprehensive income (loss) (121) (158)
Treasury stock, at cost (124 and 122 shares, respectively) (15,442) (13,546)
Total stockholders’ equity 13,852 13,264
Total liabilities and stockholders' equity $ 25,582 $ 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.