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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 28, 2017
Oct. 29, 2016
Current Assets    
Cash and cash equivalents $ 1,047,838 $ 921,132
Short-term investments 0 3,134,661
Accounts receivable less allowances of $7,213 ($5,117 in 2016) 688,953 477,609
Inventories [1] 550,816 376,555
Prepaid income tax 3,522 6,405
Prepaid expenses and other current assets 60,209 58,501
Total current assets 2,351,338 4,974,863
Property, Plant and Equipment, at Cost    
Land and buildings 794,456 564,329
Machinery and equipment 2,368,215 1,994,115
Office equipment 66,493 58,785
Leasehold improvements 75,263 59,649
Property, plant and equipment, at cost 3,304,427 2,676,878
Less accumulated depreciation and amortization 2,197,123 2,040,762
Net property, plant and equipment 1,107,304 636,116
Other Assets    
Deferred compensation plan investments 32,572 26,152
Other investments 24,838 21,937
Goodwill 12,217,455 1,679,116
Intangible assets, net 5,319,425 549,368
Deferred tax assets 32,322 36,005
Other assets 56,040 46,721
Total other assets 17,682,652 2,359,299
Total assets 21,141,294 7,970,278
Current Liabilities    
Accounts payable 236,629 171,439
Deferred income on shipments to distributors, net 473,972 351,538
Income taxes payable 86,905 4,100
Debt, current 300,000 0
Accrued liabilities 498,826 255,857
Total current liabilities 1,596,332 782,934
Non-current Liabilities    
Long-term debt 7,551,084 1,732,177
Deferred income taxes 1,674,683 109,931
Deferred compensation plan liability 32,572 26,152
Other non-current liabilities 125,083 153,466
Total non-current liabilities 9,383,422 2,021,726
Commitments and contingencies (Note 12)
Shareholders’ Equity    
Preferred stock, $1.00 par value, 471,934 shares authorized, none outstanding 0 0
Common stock, $0.16 2/3 par value, 1,200,000,000 shares authorized, 368,635,788 shares outstanding (308,170,560 on October 29, 2016) 61,441 51,363
Capital in excess of par value 5,250,519 402,270
Retained earnings 4,910,939 4,785,799
Accumulated other comprehensive loss (61,359) (73,814)
Total shareholders’ equity 10,161,540 5,165,618
Liabilities and Shareholders' Equity $ 21,141,294 $ 7,970,278
[1] Includes $5,373 and $2,486 related to stock-based compensation at October 28, 2017 and October 29, 2016, respectively.