Supplementary Financial Information (Tables)

12 Months Ended

Nov. 02, 2019

Quarterly Financial Information Disclosure [Abstract]


	4Q19			3Q19			2Q19			1Q19			4Q18 (1)			3Q18 (1)			2Q18 (1)			1Q18 (1)
Revenue	$	1,443,219		$	1,480,143		$	1,526,602		$	1,541,101		$	1,536,128		$	1,558,189		$	1,563,502		$	1,566,870
Cost of sales	501,028			482,332			492,510			501,445			490,585			497,557			491,038			495,113
Gross margin	942,191			997,811			1,034,092			1,039,656			1,045,543			1,060,632			1,072,464			1,071,757
% of Revenue	65.3		%	67.4		%	67.7		%	67.5		%	68.1		%	68.1		%	68.6		%	68.4		%
Research and development	277,018			280,102			285,846			287,382			295,609			291,551			289,381			288,506
Selling, marketing, general and administrative	154,799			162,825			163,128			167,342			175,296			171,388			172,047			176,809
Special charges (2)	64,788			927			8,162			21,782			1,842			1,069			1,089			57,318

Amortization of intangibles	107,225			107,231			107,261			107,324			107,345			107,409			107,129			107,019
Total operating expenses	603,830			551,085			564,397			583,830			580,092			571,417			569,646			629,652
Operating income	338,361			446,726			469,695			455,826			465,451			489,215			502,818			442,105
% of Revenue	23		%	30		%	31		%	30		%	30		%	31		%	32		%	28		%
Nonoperating (income) expenses:
Interest expense	50,775			59,871			59,701			58,728			59,102			61,665			64,792			68,030
Interest income	(1,988)			(2,625)			(2,928)			(2,688)			(2,791)			(2,588)			(1,912)			(2,092)
Other, net	1,747			(78)			4,525			(160)			(196)			(368)			(187)			820
Total nonoperating (income) expense	50,534			57,168			61,298			55,880			56,115			58,709			62,693			66,758
Income before income taxes	287,827			389,558			408,397			399,946			409,336			430,506			440,125			375,347
% of Revenue	20		%	26		%	27		%	26		%	27		%	28		%	28		%	24		%
Provision for income taxes (3)	10,133			27,184			40,460			44,940			4,481			21,949			39,797			82,107
Net income	$	277,694		$	362,374		$	367,937		$	355,006		$	404,855		$	408,557		$	400,328		$	293,240
% of Revenue	19		%	24		%	24		%	23		%	26		%	26		%	26		%	19		%
Net income allocable to common shares (4)	$	277,182		$	361,562		$	367,029		$	353,969		$	403,511		$	407,031		$	398,796		$	291,997
Basic earnings per common share	$	0.75		$	0.98		$	0.99		$	0.96		$	1.09		$	1.10		$	1.08		$	0.79
Diluted earnings per common share	$	0.74		$	0.97		$	0.98		$	0.95		$	1.08		$	1.08		$	1.06		$	0.78
Shares used to compute earnings per share (in thousands):
Basic	369,051			369,533			369,246			368,703			371,074			371,315			370,384			369,093
Diluted	372,584			373,077			373,342			372,506			375,116			375,815			374,778			374,189
Dividends declared per share	$	0.54		$	0.54		$	0.54		$	0.48		$	0.48		$	0.48		$	0.48		$	0.45

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(1)Balances have been restated to reflect the adoption of Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (ASU 2014-09). See Note 2a, Principles of Consolidation, in the Notes to Consolidated Financial Statements in Item 8 of this Annual Report on Form 10-K.

(2)Represents charges recorded for various restructuring actions. See Note 5, Special Charges, of the Notes to Consolidated Financial Statements in Item 8 of this Annual Report on Form 10-K.

(3)See Note 12, Income Taxes, of the Notes to Consolidated Financial Statements in Item 8 of this Annual Report on Form 10-K.

(4)Under the two-class method, earnings per share is calculated using net earnings allocable to common shares, which is derived by reducing net income by the income allocable to participating securities.