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Fair Value Measurements (Tables)
3 Months Ended
Mar. 01, 2024
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 March 1, 2024 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:    
Money market funds$5,642 $5,642 $— $— 
Short-term investments:
Asset-backed securities11 — 11 — 
Corporate debt securities335 — 335 — 
U.S. agency securities12 — 12 — 
U.S. Treasury securities208 — 208 — 
Prepaid expenses and other current assets:   
Foreign currency derivatives52 — 52 — 
Other assets: 
Deferred compensation plan assets246 246 — — 
Total assets$6,506 $5,888 $618 $— 
Liabilities:    
Accrued expenses:    
Foreign currency derivatives$$— $$— 
The fair value of our financial assets and liabilities at December 1, 2023 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:    
Money market funds $6,498 $6,498 $— $— 
Time deposits25 25 — — 
Short-term investments: 
Asset-backed securities15 — 15 — 
Corporate debt securities434 — 434 — 
U.S. agency securities12 — 12 — 
U.S. Treasury securities 240 — 240 — 
Prepaid expenses and other current assets:    
Foreign currency derivatives52 — 52 — 
Other assets:    
Deferred compensation plan assets206 206 — — 
Total assets$7,482 $6,729 $753 $— 
Liabilities:    
Accrued expenses:    
Foreign currency derivatives$$— $$—