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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 03, 2018
Oct. 28, 2017
Current Assets    
Cash and cash equivalents $ 816,591 $ 1,047,838
Accounts receivable less allowances of $2,284 ($7,213 in 2017) 639,717 688,953
Inventories [1] 586,760 550,816
Prepaid income tax 3,196 3,522
Prepaid expenses and other current assets 65,862 60,209
Total current assets 2,112,126 2,351,338
Property, Plant and Equipment, at Cost    
Land and buildings 873,186 794,456
Machinery and equipment 2,478,032 2,368,215
Office equipment 76,233 66,493
Leasehold improvements 100,374 75,263
Property, plant and equipment, at cost 3,527,825 3,304,427
Less accumulated depreciation and amortization 2,373,497 2,197,123
Net property, plant and equipment 1,154,328 1,107,304
Other Assets    
Deferred compensation plan investments 39,853 32,572
Other investments 28,730 24,838
Goodwill 12,252,604 12,217,455
Intangible assets, net 4,778,192 5,319,425
Deferred tax assets 21,078 32,322
Other assets 62,868 56,040
Total other assets 17,183,325 17,682,652
Total assets 20,449,779 21,141,294
Current Liabilities    
Accounts payable 260,919 236,629
Deferred income on shipments to distributors, net 487,417 473,972
Income taxes payable 93,722 86,905
Debt, current 67,000 300,000
Accrued liabilities 497,080 498,826
Total current liabilities 1,406,138 1,596,332
Non-current Liabilities    
Long-term debt 6,265,674 7,551,084
Deferred income taxes 927,065 1,674,683
Deferred compensation plan liability 39,846 32,572
Income taxes payable 710,179 49,583
Other non-current liabilities 112,337 75,500
Total non-current liabilities 8,055,101 9,383,422
Commitments and contingencies (Note 10)
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, 370,159,553 shares outstanding (368,635,788 on October 28, 2017) 61,694 61,441
Capital in excess of par value 5,282,222 5,250,519
Retained earnings 5,703,064 4,910,939
Accumulated other comprehensive loss (58,440) (61,359)
Total shareholders’ equity 10,988,540 10,161,540
Liabilities and Shareholders' Equity $ 20,449,779 $ 21,141,294
[1] Includes $7,128 and $5,373 related to stock-based compensation at November 3, 2018 and October 28, 2017, respectively.