v3.25.4

CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Tables) | 12 Months Ended
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Nov. 28, 2025
Cash, Cash Equivalents, and Short-Term Investments [Abstract] |
Schedule of Cash, Cash Equivalents and Short-term Investments | Cash, cash equivalents and short-term investments consisted of the following as of November 28, 2025:
(in millions) | Amortized Cost |  | Unrealized Gains |  | Unrealized Losses |  | Estimated Fair Value
Current assets: |  |  |  |  |  |  |
Cash | $ | 711 |  |  | $ | — |  |  | $ | — |  |  | $ | 711 |
Cash equivalents: |  |  |  |  |  |  |
Corporate debt securities | 928 |  |  | — |  |  | — |  |  | 928 |
Money market funds | 3,607 |  |  | — |  |  | — |  |  | 3,607 |
Time deposits | 85 |  |  | — |  |  | — |  |  | 85 |
U.S. Treasury securities | 100 |  |  | — |  |  | — |  |  | 100 |
Total cash equivalents | 4,720 |  |  | — |  |  | — |  |  | 4,720 |
Total cash and cash equivalents | 5,431 |  |  | — |  |  | — |  |  | 5,431 |
Short-term fixed income securities: |  |  |  |  |  |  |
Corporate debt securities | 914 |  |  | — |  |  | — |  |  | 914 |
U.S. Treasury securities | 250 |  |  | — |  |  | — |  |  | 250 |
Total short-term investments | 1,164 |  |  | — |  |  | — |  |  | 1,164 |
Total cash, cash equivalents and short-term investments | $ | 6,595 |  |  | $ | — |  |  | $ | — |  |  | $ | 6,595 |
Cash, cash equivalents and short-term investments consisted of the following as of November 29, 2024:
(in millions) | Amortized Cost |  | Unrealized Gains |  | Unrealized Losses |  | Estimated Fair Value
Current assets: |  |  |  |  |  |  |
Cash | $ | 787 |  |  | $ | — |  |  | $ | — |  |  | $ | 787 |
Cash equivalents: |  |  |  |  |  |  |
Corporate debt securities | 41 |  |  | — |  |  | — |  |  | 41 |
Money market funds | 6,726 |  |  | — |  |  | — |  |  | 6,726 |
Time deposits | 57 |  |  | — |  |  | — |  |  | 57 |
U.S. Treasury securities | 2 |  |  | — |  |  | — |  |  | 2 |
Total cash equivalents | 6,826 |  |  | — |  |  | — |  |  | 6,826 |
Total cash and cash equivalents | 7,613 |  |  | — |  |  | — |  |  | 7,613 |
Short-term fixed income securities: |  |  |  |  |  |  |
Asset-backed securities | 4 |  |  | — |  |  | — |  |  | 4 |
Corporate debt securities | 120 |  |  | — |  |  | — |  |  | 120 |
U.S. agency securities | 11 |  |  | — |  |  | — |  |  | 11 |
U.S. Treasury securities | 139 |  |  | — |  |  | (1) |  |  | 138 |
Total short-term investments | 274 |  |  | — |  |  | (1) |  |  | 273 |
Total cash, cash equivalents and short-term investments | $ | 7,887 |  |  | $ | — |  |  | $ | (1) |  |  | $ | 7,886 |
Schedule of Estimated Fair Value of Debt Securities | The following table summarizes the estimated fair value of short-term fixed income debt securities classified as short-term investments based on stated effective maturities as of November 28, 2025:
(in millions) |  |  | Estimated Fair Value
Due within one year |  |  | $ | 1,063 |
Due between one and two years |  |  | 101 |
Total |  |  | $ | 1,164 |

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