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Stockholders' Equity (Tables)
12 Months Ended
Nov. 02, 2025
Equity [Abstract]  
Summary of Dividends
Fiscal Year
202520242023
(In millions, except per share data)
Dividends per share to common stockholders$2.360 $2.105 $1.840 
Dividends to common stockholders$11,142 $9,814 $7,645 
Summary of Stock-Based Compensation Expense
Stock-Based Compensation Expense
 Fiscal Year
202520242023
(In millions)
Cost of products sold$218 $119 $88 
Cost of subscriptions and services626 545 122 
Research and development5,020 3,460 1,513 
Selling, general and administrative1,704 1,546 448 
Total stock-based compensation expense(a)
$7,568 $5,670 $2,171 
Estimated income tax benefits for stock-based compensation$1,278 $991 $367 
Excess income tax benefits for stock-based awards exercised or released$2,186 $1,296 $507 
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(a) Does not include stock-based compensation expense related to discontinued operations recognized during fiscal year 2024, which was included in loss from discontinued operations, net of income taxes in our consolidated statement of operations.
Summary of Market-Based Awards Weighted-Average Assumptions
The following table summarizes the weighted-average assumptions utilized to calculate the fair value of market-based awards granted in the periods presented:
Fiscal Year
202520242023
Risk-free interest rate4.0 %4.2 %4.0 %
Dividend yield1.2 %1.7 %3.3 %
Volatility39.1 %32.0 %32.8 %
Expected term (in years)4.43.64.8
Summary of Restricted Stock Unit Awards
A summary of RSU activity was as follows:
Number of RSUs
Outstanding
Weighted-Average
Grant Date
Fair Value
Per Share
(In millions, except per share data)
Balance as of October 30, 2022
175 $23.85 
Granted124 $51.98 
Vested(74)$26.25 
Forfeited(7)$30.79 
Balance as of October 29, 2023
218 $38.92 
Assumed in VMware Merger
46 $96.85 
Granted81 $115.58 
Vested(107)$54.34 
Forfeited(25)$88.62 
Balance as of November 3, 2024
213 $66.44 
Granted120 $192.37 
Vested(87)$71.63 
Forfeited(17)$108.28 
Balance as of November 2, 2025
229 $127.63