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Derivative Financial Instruments (Tables) | 12 Months Ended
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Dec. 01, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Fair Value of Derivative Instruments | Fair value asset derivatives are included in prepaid expenses and other current assets and fair value liability derivatives are included in accrued expenses on our Consolidated Balance Sheets. The fair value of derivative instruments on our Consolidated Balance Sheets as of December 1, 2023 and December 2, 2022 were as follows:
(in millions) | 2023 |  | 2022
| Fair Value Asset Derivatives |  | Fair Value Liability Derivatives |  | Fair Value Asset Derivatives |  | Fair Value Liability Derivatives
Derivatives designated as hedging instruments: |  |  |  |  |  |  |
Foreign exchange option contracts | $ | 42 |  |  | $ | — |  |  | $ | 36 |  |  | $ | — |
Foreign exchange forward contracts | 1 |  |  | — |  |  | — |  |  | 7 |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |
Foreign exchange forward contracts | 9 |  |  | 4 |  |  | 15 |  |  | 8 |
Total derivatives | $ | 52 |  |  | $ | 4 |  |  | $ | 51 |  |  | $ | 15 |
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) | Gains (losses) on derivative instruments, net of tax, recognized in our Consolidated Statements of Comprehensive Income for fiscal 2023, 2022 and 2021 were as follows:
(in millions) | 2023 |  | 2022 |  | 2021
Derivatives in cash flow hedging relationships: |  |  |  |  |
Foreign exchange option contracts | $ | (17) |  |  | $ | 144 |  |  | $ | 69 |
Foreign exchange forward contracts | $ | 5 |  |  | $ | (5) |  |  | $ | — |
Schedule of Derivatives Instruments, Effect on Statements of Income | The effects of derivative instruments on our Consolidated Statements of Income for fiscal 2023, 2022 and 2021 were as follows:
(in millions) | Financial Statement Classification |  | 2023 |  | 2022 |  | 2021
Derivatives in cash flow hedging relationships: |  |  |  |  |  |
Foreign exchange option contracts |  |  |  |  |  |
Net gain (loss) reclassified from accumulated OCI into income | Revenue |  | $ | 41 |  |  | $ | 176 |  |  | $ | (16) |
Foreign exchange forward contracts |  |  |  |  |  |
Net gain (loss) reclassified from accumulated OCI into income | Operating expenses |  | $ | (2) |  |  | $ | — |  |  | $ | — |
Treasury lock |  |  |  |  |  |
Net gain (loss) reclassified from accumulated OCI into income | Interest expense |  | $ | (5) |  |  | $ | (4) |  |  | $ | (4) |
Derivatives not designated as hedging relationships: |  |  |  |  |  |
Foreign exchange forward contracts | Other income (expense), net |  | $ | 12 |  |  | $ | (29) |  |  | $ | (3) |

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