v3.25.4

NET INCOME PER SHARE | 12 Months Ended
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Nov. 28, 2025
Earnings Per Share [Abstract] |
NET INCOME PER SHARE | NET INCOME PER SHARE Basic net income per share is computed using the weighted average number of common shares outstanding for the period, excluding unvested stock-based awards and purchase rights. Diluted net income per share is based upon the weighted average common shares outstanding for the period plus dilutive potential common shares, including unvested restricted stock units, stock purchase rights and performance share awards using the treasury stock method. Performance share awards are included based on the number of shares that would be issued as if the end of the reporting period was the end of the performance period and the result was dilutive. The following table sets forth the computation of basic and diluted net income per share for fiscal 2025, 2024 and 2023:
(in millions, except per share data) | 2025 |  | 2024 |  | 2023
Net income | $ | 7,130 |  |  | $ | 5,560 |  |  | $ | 5,428 |
Shares used to compute basic net income per share | 426.2 |  |  | 447.1 |  |  | 457.1 |
Dilutive potential common shares from stock plans and programs | 0.8 |  |  | 2.6 |  |  | 2.0 |
Shares used to compute diluted net income per share | 427.0 |  |  | 449.7 |  |  | 459.1 |
Basic net income per share | $ | 16.73 |  |  | $ | 12.43 |  |  | $ | 11.87 |
Diluted net income per share | $ | 16.70 |  |  | $ | 12.36 |  |  | $ | 11.82 |
Anti-dilutive potential common shares | 5.1 |  |  | 1.9 |  |  | 2.7 |

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