XML 37 R26.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Fair Value Measurements (Tables) | 9 Months Ended
--- | ---
Sep. 02, 2022
Fair Value Disclosures [Abstract] |
Financial assets and liabilities at fair value on a recurring basis | The fair value of our financial assets and liabilities at September 2, 2022 was determined using the following inputs:
(in millions) | Fair Value Measurements at Reporting Date Using
|  |  | Quoted Prices in Active Markets for Identical Assets |  | Significant Other Observable Inputs |  | Significant Unobservable Inputs
| Total |  | (Level 1) |  | (Level 2) |  | (Level 3)
Assets: |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Corporate debt securities | $ | 21 |  |  | $ | — |  |  | $ | 21 |  |  | $ | — |
Money market funds | 3,202 |  |  | 3,202 |  |  | — |  |  | — |
Time deposits | 25 |  |  | 25 |  |  | — |  |  | — |
U.S. agency securities | 13 |  |  | — |  |  | 13 |  |  | — |
U.S. Treasury securities | 14 |  |  | — |  |  | 14 |  |  | — |
Short-term investments: |  |  |  |  |  |  |
Asset-backed securities | 112 |  |  | — |  |  | 112 |  |  | — |
Corporate debt securities | 1,300 |  |  | — |  |  | 1,300 |  |  | — |
Foreign government securities | 5 |  |  | — |  |  | 5 |  |  | — |
Municipal securities | 23 |  |  | — |  |  | 23 |  |  | — |
U.S. agency securities | 19 |  |  | — |  |  | 19 |  |  | — |
U.S. Treasury securities | 435 |  |  | — |  |  | 435 |  |  | — |
Prepaid expenses and other current assets: |  |  |  |  |  |  |
Foreign currency derivatives | 183 |  |  | — |  |  | 183 |  |  | — |
Other assets: |  |  |  |  |  |  |
Deferred compensation plan assets | 150 |  |  | 150 |  |  | — |  |  | — |
Total assets | $ | 5,502 |  |  | $ | 3,377 |  |  | $ | 2,125 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |
Accrued expenses: |  |  |  |  |  |  |
Foreign currency derivatives | $ | 9 |  |  | $ | — |  |  | $ | 9 |  |  | $ | — |
The fair value of our financial assets and liabilities at December 3, 2021 was determined using the following inputs:
(in millions) | Fair Value Measurements at Reporting Date Using
|  |  | Quoted Prices in Active Markets for Identical Assets |  | Significant Other Observable Inputs |  | Significant Unobservable Inputs
| Total |  | (Level 1) |  | (Level 2) |  | (Level 3)
Assets: |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Corporate debt securities | $ | 5 |  |  | $ | — |  |  | $ | 5 |  |  | $ | — |
Money market funds | 2,914 |  |  | 2,914 |  |  | — |  |  | — |
Time deposits | 175 |  |  | 175 |  |  | — |  |  | — |
Short-term investments: |  |  |  |  |  |  |
Asset-backed securities | 124 |  |  | — |  |  | 124 |  |  | — |
Corporate debt securities | 1,425 |  |  | — |  |  | 1,425 |  |  | — |
Municipal securities | 28 |  |  | — |  |  | 28 |  |  | — |
U.S. Treasury securities | 377 |  |  | — |  |  | 377 |  |  | — |
Prepaid expenses and other current assets: |  |  |  |  |  |  |
Foreign currency derivatives | 98 |  |  | — |  |  | 98 |  |  | — |
Other assets: |  |  |  |  |  |  |
Deferred compensation plan assets | 151 |  |  | 151 |  |  | — |  |  | — |
Total assets | $ | 5,297 |  |  | $ | 3,240 |  |  | $ | 2,057 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |
Accrued expenses: |  |  |  |  |  |  |
Foreign currency derivatives | $ | 8 |  |  | $ | — |  |  | $ | 8 |  |  | $ | — |

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration