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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 03, 2019
Nov. 03, 2018
[1]
Current Assets    
Cash and cash equivalents $ 612,164 $ 816,591
Accounts receivable 689,976 639,717
Inventories [2] 638,305 586,760
Prepaid expenses and other current assets 66,613 69,058
Total current assets 2,007,058 2,112,126
Property, Plant and Equipment, at Cost    
Land and buildings 926,112 873,186
Machinery and equipment 2,594,832 2,478,032
Office equipment 84,487 76,233
Leasehold improvements 154,316 100,374
Property, Plant and Equipment, at Cost 3,759,747 3,527,825
Less accumulated depreciation and amortization 2,538,555 2,373,497
Net property, plant and equipment 1,221,192 1,154,328
Other Assets    
Deferred compensation plan investments 45,778 39,853
Other investments 32,290 28,730
Goodwill 12,247,888 12,252,604
Intangible assets, net 4,346,377 4,778,192
Deferred tax assets 1,606,267 9,665
Other assets 59,800 62,868
Total other assets 18,338,400 17,171,912
Total assets 21,566,650 20,438,366
Current Liabilities    
Accounts payable 220,230 260,919
Income taxes payable 173,917 93,722
Debt, current 411,434 67,000
Accrued liabilities 678,099 630,107
Total current liabilities 1,483,680 1,051,748
Non-current liabilities    
Long-term debt 5,278,643 6,265,674
Deferred income taxes 2,171,029 990,409
Deferred compensation plan liability 45,778 39,846
Income taxes payable 649,228 710,179
Other non-current liabilities 148,055 112,337
Total non-current liabilities 8,292,733 8,118,445
Commitments and contingencies
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, 369,406,136 shares outstanding (370,159,553 on November 3, 2018) 61,569 61,694
Capital in excess of par value 5,060,586 5,282,222
Retained earnings 6,821,755 5,982,697
Accumulated other comprehensive loss (153,673) (58,440)
Total shareholders’ equity 11,790,237 11,268,173
Liabilities and Shareholders' Equity $ 21,566,650 $ 20,438,366
[1] Balances have been restated to reflect the full retrospective adoption of Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (ASU 2014-09). See Note 1, Basis of Presentation, in the Notes to Condensed Consolidated Financial Statements.
[2]
Includes $7,091 and $7,128 related to stock-based compensation at August 3, 2019 and November 3, 2018, respectively.