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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Nov. 29, 2024
Dec. 01, 2023
Dec. 02, 2022
Revenue $ 21,505 $ 19,409 $ 17,606
Cost of revenue 2,358 2,354 2,165
  Gross profit 19,147 17,055 15,441
  Operating expenses:      
Research and development 3,944 3,473 2,987
Sales and marketing 5,764 5,351 4,968
General and administrative 1,529 1,413 1,219
Acquisition termination fee 1,000 0 0
Amortization of intangibles 169 168 169
Total operating expenses 12,406 10,405 9,343
  Operating income 6,741 6,650 6,098
  Non-operating income (expense):      
Interest expense (169) (113) (112)
Investment gains (losses), net 48 16 (19)
Other income (expense), net 311 246 41
Total non-operating income (expense), net 190 149 (90)
Income before income taxes 6,931 6,799 6,008
Provision for income taxes 1,371 1,371 1,252
Net income $ 5,560 $ 5,428 $ 4,756
Basic net income per share (in dollars per share) $ 12.43 $ 11.87 $ 10.13
Shares used to compute basic net income per share (in shares) 447.1 457.1 469.5
Diluted net income per share (in dollars per share) $ 12.36 $ 11.82 $ 10.10
Shares used to compute diluted net income per share (in shares) 449.7 459.1 470.9
Subscription      
Revenue $ 20,521 $ 18,284 $ 16,388
Cost of revenue 1,799 1,822 1,646
Product      
Revenue 386 460 532
Cost of revenue 25 29 35
Services and other      
Revenue 598 665 686
Cost of revenue $ 534 $ 503 $ 484