Debt (Tables)

12 Months Ended

Nov. 03, 2018

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 14, Debt, of these Notes to Consolidated Financial Statements for further discussion related to outstanding debt.

	November 3, 2018				October 28, 2017
	Principal Amount Outstanding		Fair Value		Principal Amount Outstanding		Fair Value
3-Year term loan	$	425,000	425,000		1,950,000		1,950,000
5-Year term loan	1,350,000		1,350,000		2,100,000		2,100,000
2020 Notes, due March 2020	300,000		298,147		—		—
2021 Notes, due January 2021	450,000		444,568		—		—
2021 Notes, due December 2021	400,000		386,375		400,000		399,530
2023 Notes, due June 2023	500,000		479,189		500,000		498,582
2023 Notes, due December 2023	550,000		529,120		550,000		554,411
2025 Notes, due December 2025	850,000		829,611		850,000		884,861
2026 Notes, due December 2026	900,000		848,027		900,000		902,769
2036 Notes, due December 2036	250,000		232,627		250,000		259,442
2045 Notes, due December 2045	400,000		407,984		400,000		460,588
Total Debt	$	6,375,000	$	6,230,648	$	7,900,000	$	8,010,183

The Company’s debt consisted of the following as of November 3, 2018 and October 28, 2017:

	November 3, 2018				October 28, 2017
	Principal		Unamortized discount and debt issuance costs		Principal		Unamortized discount and debt issuance costs
3-Year term loan	$	358,000	$	318	$	1,650,000	$	3,270
5-Year term loan	1,350,000		1,503		2,100,000		4,727
2020 Notes, due March 2020	300,000		1,273		—		—
2021 Notes, due January 2021	450,000		3,344		—		—
2021 Notes, due December 2021	400,000		2,830		400,000		3,756
2023 Notes, due June 2023	500,000		2,813		500,000		3,434
2023 Notes, due December 2023	550,000		4,499		550,000		5,392
2025 Notes, due December 2025	850,000		6,262		850,000		7,154
2026 Notes, due December 2026	900,000		10,361		900,000		11,655
2036 Notes, due December 2036	250,000		3,778		250,000		3,983
2045 Notes, due December 2045	400,000		5,345		400,000		5,545
Total Long-Term Debt	$	6,308,000	$	42,326	$	7,600,000	$	48,916
3-Year term loan, current	67,000		—		300,000		—
Total Current Debt	$	67,000	$	—	$	300,000	$	—
Total Debt	$	6,375,000	$	42,326	$	7,900,000	$	48,916