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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 31, 2020
Nov. 02, 2019
Nov. 03, 2018
[1]
Revenue      
Revenue $ 5,603,056 $ 5,991,065 $ 6,224,689
Costs and Expenses      
Cost of sales 1,912,578 1,977,315 1,974,293
Gross margin 3,690,478 4,013,750 4,250,396
Operating expenses:      
Research and development 1,050,519 1,130,348 1,165,047
Selling, marketing, general and administrative 659,923 648,094 695,540
Amortization of intangibles 429,455 429,041 428,902
Special charges 52,337 95,659 61,318
Total operating expenses 2,192,234 2,303,142 2,350,807
Operating income 1,498,244 1,710,608 1,899,589
Nonoperating expense (income):      
Interest expense 193,305 229,075 253,589
Interest income (4,305) (10,229) (9,383)
Other, net (2,373) 6,034 69
Total nonoperating (income) expense 186,627 224,880 244,275
Earnings      
Income before income taxes 1,311,617 1,485,728 1,655,314
Provision for income taxes 90,856 122,717 148,334
Net income $ 1,220,761 $ 1,363,011 $ 1,506,980
Shares used to compute earnings per common share (in shares)      
Shares used to compute earnings per share - Basic (in shares) 368,633 369,133 370,430
Shares used to compute earnings per share - Diluted (in shares) 371,973 372,871 374,938
Basic earnings per common share (in dollars per share) $ 3.31 $ 3.68 $ 4.05
Diluted earnings per common share (in dollars per share) $ 3.28 $ 3.65 $ 4.00
[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, of the Notes to Consolidated Financial Statements.