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Debt (Tables)
12 Months Ended
Oct. 28, 2017
Debt Disclosure [Abstract]  
Schedule of debt
The table below presents the estimated fair value of certain financial instruments not recorded at fair value on a recurring basis. The carrying amounts of the term loans approximate fair value. The term loans are classified as Level 2 measurements according to the fair value hierarchy. The fair values of the senior unsecured notes debt are obtained from broker prices and are classified as Level 1 measurements according to the fair value hierarchy. See Note 16, Debt, of these Notes to Consolidated Financial Statements for further discussion related outstanding debt.
 
October 28, 2017
 
October 29, 2016
 
Principal Amount Outstanding
Fair Value
 
Principal Amount Outstanding
Fair Value
3-Year term loan
$
1,950,000

1,950,000

 


5-Year term loan
2,100,000

2,100,000

 


2021 Notes, due December 2021
400,000

399,530

 


2023 Notes, due June 2023
500,000

498,582

 
500,000

501,307

2023 Notes, due December 2023
550,000

554,411

 


2025 Notes, due December 2025
850,000

884,861

 
850,000

901,523

2026 Notes, due December 2026
900,000

902,769

 


2036 Notes, due December 2036
250,000

259,442

 


2045 Notes, due December 2045
400,000

460,588

 
400,000

425,109

The Company’s debt consisted of the following as of October 28, 2017 and October 29, 2016:
 
October 28, 2017
 
October 29, 2016
 
Principal
 
Unamortized discount and debt issuance costs
 
Principal
 
Unamortized discount and debt issuance costs
3-Year term loan
$
1,650,000

 
$
3,270

 
$

 
$

5-Year term loan
2,100,000

 
4,727

 

 

2021 Notes, due December 2021
400,000

 
3,756

 

 

2023 Notes, due June 2023
500,000

 
3,434

 
500,000

 
4,047

2023 Notes, due December 2023
550,000

 
5,392

 

 

2025 Notes, due December 2025
850,000

 
7,154

 
850,000

 
8,034

2026 Notes, due December 2026
900,000

 
11,655

 

 

2036 Notes, due December 2036
250,000

 
3,983

 

 

2045 Notes, due December 2045
400,000

 
5,545

 
400,000

 
5,742

   Total Long-Term Debt
$
7,600,000

 
$
48,916

 
$
1,750,000

 
$
17,823

3-Year term loan, current
300,000

 

 

 

    Total Current Debt
$
300,000

 
$

 
$

 
$

Total Debt
$
7,900,000

 
$
48,916

 
$
1,750,000

 
$
17,823