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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Oct. 31, 2020
Accounting Policies [Abstract]  
Schedule of new accounting pronouncements and changes in accounting principles
The tables below reconcile the impact of ASU 2014-09 and ASU 2017-07 on the Consolidated Statement of Income for the year ended November 3, 2018:
Consolidated Statement of IncomeAs ReportedImpact of Adoption of ASU 2014-09Impact of Adoption of ASU 2017-07As Adjusted
Revenue$6,200,942 $23,747 $— $6,224,689 
Cost of sales1,967,640 6,950 (297)1,974,293 
Gross margin4,233,302 16,797 297 4,250,396 
Operating expenses:
Research and development1,165,410 — (363)1,165,047 
Selling, marketing, general and administrative695,937 — (397)695,540 
Amortization of intangibles428,902 — — 428,902 
Special charges61,318 — — 61,318 
2,351,567 — (760)2,350,807 
Operating income1,881,735 16,797 1,057 1,899,589 
Nonoperating expense (income):
Interest expense253,589 — — 253,589 
Interest income(9,383)— — (9,383)
Other, net(988)— 1,057 69 
243,218 — 1,057 244,275 
Income before income taxes1,638,517 16,797 — 1,655,314 
Provision for income taxes143,085 5,249 — 148,334 
Net income$1,495,432 $11,548 $— $1,506,980 
Shares used to compute earnings per common share – basic370,430 — — 370,430 
Shares used to compute earnings per common share – diluted374,938 — — 374,938 
Basic earnings per common share$4.02 $0.03 $— $4.05 
Diluted earnings per common share$3.97 $0.03 $— $4.00 
The impact on the Company's previously reported consolidated balance sheet line items is as follows:
November 3, 2018
As ReportedImpact of Adoption of ASU 2014-09As Adjusted
Deferred tax assets$21,078 $(11,413)$9,665 
Deferred income on shipments to distributors, net$487,417 $(487,417)$— 
Accrued liabilities$497,080 $133,027 $630,107 
Deferred income taxes$927,065 $63,344 $990,409 
Retained earnings$5,703,064 $279,633 $5,982,697 
In addition, in the first quarter of fiscal 2019, the Company adopted ASU 2016-16, Income Taxes (Topic 740) (ASU 2016-16) using the modified retrospective method with a cumulative-effect adjustment directly to retained earnings. ASU 2016-16 requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. The adoption of ASU 2016-16 resulted in the following cumulative-effect increase in the Company's deferred tax assets, deferred tax liabilities and retained earnings:
November 4, 2018
Beginning Balance November 3, 2018 as AdjustedImpact of Adoption of ASU 2016-16Balance November 4, 2018
Deferred tax assets$9,665 $1,655,129 $1,664,794 
Deferred income taxes$990,409 $1,324,103 $2,314,512 
Retained earnings$5,982,697 $331,026 $6,313,723 
Schedule of cash and cash equivalents and short term investments
The components of the Company’s cash and cash equivalents as of October 31, 2020 and November 2, 2019 were as follows:
20202019
Cash$239,607 $152,432 
Available-for-sale816,253 416,890 
Held-to-maturity— 79,000 
Total cash and cash equivalents$1,055,860 $648,322 
Schedule of supplemental cash flow statement Information
202020192018
Cash paid during the fiscal year for:   
Income taxes$237,691 $205,762 $211,473 
Interest$185,854 $216,143 $233,436 
Schedule of inventories
Inventories at October 31, 2020 and November 2, 2019 were as follows:
20202019
Raw materials$33,806 $35,447 
Work in process443,690 400,409 
Finished goods130,764 174,030 
Total inventories$608,260 $609,886 
Schedule of useful lives of property, plant and equipment Depreciation is based on the following ranges of estimated useful lives:
Buildings
Up to 30 years
Machinery & equipment
3-10 years
Office equipment
3-10 years
Leasehold improvements
7-20 years
Schedule of reclassification from properly, plant and equipment As shown below, this carrying value was reclassified from PP&E to Prepaid expenses and other current assets as of October 31, 2020:
October 31, 2020
Land and buildings$36,451 
Machinery and equipment1,468 
Office equipment197 
Leasehold improvements5,744 
43,860 
Less accumulated depreciation and amortization(21,706)
Net property, plant and equipment reclassified to Prepaid expenses and other current assets$22,154 
Schedule of changes in goodwill
The following table presents the changes in goodwill during fiscal 2020 and fiscal 2019:
20202019
Balance at beginning of year$12,256,880 $12,252,604 
Goodwill related to other acquisitions (1)17,839 6,702 
Foreign currency translation adjustment3,706 (2,426)
Balance at end of year$12,278,425 $12,256,880 
_______________________________________
(1) Represents goodwill related to other acquisitions that were not material to the Company on either an individual or aggregate basis.
Schedule of intangible assets
As of October 31, 2020 and November 2, 2019, the Company’s intangible assets consisted of the following:
 October 31, 2020November 2, 2019
 Gross Carrying
Amount 		Accumulated
Amortization		Gross Carrying
Amount		Accumulated
Amortization
Customer relationships$4,700,454 $1,703,299 $4,696,562 $1,284,256 
Technology-based1,136,742 518,328 1,145,283 385,618 
Trade-name72,200 37,489 73,417 28,164 
Total (1) (2)
$5,909,396 $2,259,116 $5,915,262 $1,698,038 
_______________________________________
(1) Foreign intangible asset carrying amounts are affected by foreign currency translation.
(2) Intangible assets, along with the related accumulated amortization, are removed from the table above at the end of the fiscal year they become fully amortized.
Schedule of expected annual amortization expense
The Company expects annual amortization expense for intangible assets as follows:
Fiscal YearAmortization Expense
2021$580,984 
2022$573,950 
2023$547,397 
2024$485,496 
2025$395,300 
Schedule of fair value of hedging instruments The fair values of forward foreign currency derivative instruments designated as hedging instruments in the Company’s Consolidated Balance Sheets as of October 31, 2020 and November 2, 2019 were as follows: 
Fair Value At
Balance Sheet LocationOctober 31, 2020November 2, 2019
Forward foreign currency exchange contractsPrepaid expenses and other current assets$5,550 $65 
Schedule of offsetting assets liabilities
The following table presents the gross amounts of the Company's forward foreign currency exchange contracts and the net amounts recorded in the Company's Consolidated Balance Sheets as of October 31, 2020 and November 2, 2019:
 October 31, 2020November 2, 2019
Gross amount of recognized assets$6,114 $2,828 
Gross amounts of recognized liabilities offset in the Consolidated Balance Sheets(687)(2,828)
Net assets presented in the Consolidated Balance Sheets$5,427 $— 
Schedule of fair value of financial assets and liabilities
The tables below, set forth by level, presents the Company’s financial assets and liabilities, excluding accrued interest components, that were accounted for at fair value on a recurring basis as of October 31, 2020 and November 2, 2019. The tables exclude cash on hand and assets and liabilities that are measured at historical cost or any basis other than fair value. As of October 31, 2020 and November 2, 2019, the Company held $239.6 million and $231.4 million, respectively, of cash and held-to-maturity investments that were excluded from the tables below.
 October 31, 2020
 Fair Value measurement at
Reporting Date using:		 
 Quoted
Prices in
Active
Markets
for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Total
Assets
Cash equivalents:
Available-for-sale:
Government and institutional money market funds$816,253 $— $816,253 
Other assets:
Forward foreign currency exchange contracts (1)— 5,427 5,427 
Deferred compensation investments52,956 — 52,956 
Total assets measured at fair value$869,209 $5,427 $874,636 
Liabilities
Interest rate derivatives— 214,586 214,586 
Total liabilities measured at fair value$— $214,586 $214,586 
(1) The Company has master netting arrangements by counterparty with respect to derivative contracts. See Note 2i, Derivative Instruments and Hedging Agreements, of the Notes to Consolidated Financial Statements for more information related to the Company's master netting arrangements.
 November 2, 2019
 Fair Value measurement at
Reporting Date using:		 
 Quoted
Prices in
Active
Markets
for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Total
Assets
Cash equivalents:
Available-for-sale:
Government and institutional money market funds$416,890 $— $416,890 
Other assets:
Deferred compensation investments48,302 — 48,302 
Total assets measured at fair value$465,192 $— $465,192 
Liabilities
Interest rate derivatives— 138,798 138,798 
Total liabilities measured at fair value$— $138,798 $138,798 
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 loan approximates fair value. The term loan is classified as Level 2 measurements according to the fair value hierarchy. The fair values of the senior unsecured notes are obtained from broker prices and are classified as Level 1 measurements according to the fair value hierarchy. See Note 14, Debt, of the Notes to Consolidated Financial Statements for further discussion related to outstanding debt.
October 31, 2020November 2, 2019
Principal Amount OutstandingFair Value Principal Amount Outstanding Fair Value
3-Year term loan, due March 2022$925,000 $925,000 $925,000 $925,000 
2020 Notes, due March 2020— — 300,000 300,872 
2021 Notes, due January 2021— — 450,000 454,634 
2021 Notes, due December 2021400,000 408,565400,000 402,591 
2023 Notes, due June 2023500,000 526,855 500,000 511,190 
2023 Notes, due December 2023550,000 590,177 550,000 567,159 
2025 Notes, due April 2025400,000 434,919 — — 
2025 Notes, due December 2025850,000 969,033 850,000 914,567 
2026 Notes, due December 2026900,000 1,017,505 900,000 940,192 
2036 Notes, due December 2036250,000 298,153 250,000 270,891 
2045 Notes, due December 2045400,000 538,788 400,000 491,439 
Total Debt$5,175,000 $5,708,995 $5,525,000 $5,778,535 
Schedule of components of accumulated other comprehensive (loss) The components of AOCI at October 31, 2020 and November 2, 2019 consisted of the following:
Foreign currency translation adjustmentUnrealized holding gains (losses) on derivativesPension plansTotal
November 2, 2019$(30,076)$(118,015)$(39,708)$(187,799)
Other comprehensive (loss) income before reclassifications3,224 (68,905)(7,681)(73,362)
Amounts reclassified out of other comprehensive loss— (681)2,617 1,936 
Tax— 17,310 (5,167)12,143 
Other comprehensive (loss) income3,224 (52,276)(10,231)(59,283)
Effect of Accounting Standards Update 2018-02
— (2,379)— (2,379)
October 31, 2020$(26,852)$(172,670)$(49,939)$(249,461)
Schedule of reclassification out of accumulated other comprehensive income
The amounts reclassified out of AOCI into the Consolidated Statements of Income, with presentation location during each period were as follows:

Comprehensive Income Component20202019Location
Unrealized holding gains (losses) on derivatives
Currency forwards $(2,522)$1,736 Cost of sales
(127)2,956 Research and development
112 3,056 Selling, marketing, general and administrative
Interest rate derivatives1,856 1,437 Interest expense
(681)9,185 Total before tax
(158)(1,518)Tax
Effect of Accounting Standards Update 2018-02
(2,379)— Retained earnings
$(3,218)$7,667 Net of tax
Amortization of pension components included in the computation of net periodic benefit cost
     Actuarial losses2,617 1,004 (1)
651 (248)Tax
$3,268 $756 Net of tax
Total amounts reclassified out of AOCI, net of tax$50 $8,423 
_______________________________________
(1)The amortization of pension components is included in the computation of net periodic benefit cost. See Note 11, Retirement Plans, of the Notes to Consolidated Financial Statements for further information.
Schedule of computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
20202019 2018 (1)
Net income$1,220,761 $1,363,011 $1,506,980 
Less: income allocated to participating securities (2)— 3,229 5,909 
Net income allocated to common shareholders$1,220,761 $1,359,782 $1,501,071 
Basic shares:   
Weighted-average shares outstanding368,633 369,133 370,430 
Earnings per common share basic$3.31 $3.68 $4.05 
Diluted shares:   
Weighted-average shares outstanding368,633 369,133 370,430 
Assumed exercise of common stock equivalents3,340 3,738 4,508 
Weighted-average common and common equivalent shares371,973 372,871 374,938 
Earnings per common share diluted$3.28 $3.65 $4.00 
Anti-dilutive shares related to:   
Outstanding stock options460 826 1,649 
_______________________________________
(1)Balances have been restated to reflect the adoption of ASU 2014-09. See Note 2a, Principles of Consolidation, of the Notes to Consolidated Financial Statements.
(2)For the year ended October 31, 2020, the amount is not material.