Supplemental Financial Information

3 Months Ended

Feb. 02, 2020

Disclosure Text Block Supplement [Abstract]

Cash Equivalents

Cash equivalents included $1,167 million and $850 million of time deposits as of February 2, 2020 and November 3, 2019, respectively. As of February 2, 2020 and November 3, 2019, cash equivalents also included $716 million and $649 million of money-market funds, respectively. For time deposits, carrying value approximates fair value due to the short-term nature of the instruments. The fair value of money-market funds, which was consistent with their carrying value, was determined using unadjusted prices in active, accessible markets for identical assets, and as such, they were classified as Level 1 assets in the fair value hierarchy.

Accounts Receivable Factoring

We sell certain of our trade accounts receivable on a non-recourse basis to third-party financial institutions pursuant to factoring agreements. We account for these transactions as sales of receivables and present cash proceeds as cash provided by operating activities in the condensed consolidated statements of cash flows. Total trade accounts receivable sold under the factoring agreements were $901 million during the fiscal quarter ended February 2, 2020. Factoring fees for the sales of receivables were recorded in other income (expense), net and were not material for the fiscal quarter ended February 2, 2020. There were no accounts receivable factoring activities during the fiscal quarter ended February 3, 2019.

Inventory



	February 2, 2020		November 3, 2019

	(In millions)
Finished goods	$	359	$	339
Work-in-process	427		414
Raw materials	158		121
Total inventory	$	944	$	874

Other Current Assets



	February 2, 2020		November 3, 2019

	(In millions)
Prepaid expenses	$	420	$	302
Other (miscellaneous)	650		427
Total other current assets	$	1,070	$	729

Other Current Liabilities



	February 2, 2020		November 3, 2019

	(In millions)
Contract liabilities	$	2,880	$	1,501
Other (miscellaneous)	1,128		1,115
Total other current liabilities	$	4,008	$	2,616

Other Long-Term Liabilities



	February 2, 2020		November 3, 2019

	(In millions)
Unrecognized tax benefits	$	3,297	$	3,269
Contract liabilities	788		307
Other (miscellaneous)	2,379		2,037
Total other long-term liabilities	$	6,464	$	5,613

Supplemental Cash Flow Information



	Fiscal Quarter Ended
	February 2, 2020		February 3, 2019

	(In millions)
Cash paid for interest	$	381	$	423
Cash paid for income taxes	$	131	$	95

As of February 2, 2020 and November 3, 2019, we had $46 million and $35 million, respectively, of unpaid purchases of property, plant and equipment included in accounts payable. Amounts reported as unpaid purchases are presented as cash outflows from investing activities for purchases of property, plant and equipment in the condensed consolidated statements of cash flows in the period in which they are paid.