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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2020
Nov. 02, 2019
Current Assets    
Cash and cash equivalents $ 1,055,860 $ 648,322
Accounts receivable less allowances of $4,350 ($8,387 in 2019) 737,536 635,136
Inventories 608,260 609,886
Prepaid expenses and other current assets 116,032 91,782
Total current assets 2,517,688 1,985,126
Property, Plant and Equipment, at Cost    
Land and buildings 974,604 956,099
Machinery and equipment 2,667,846 2,609,493
Office equipment 85,291 85,490
Leasehold improvements 157,915 160,175
Property, plant and equipment, at cost 3,885,656 3,811,257
Less accumulated depreciation and amortization 2,765,095 2,591,268
Net property, plant and equipment 1,120,561 1,219,989
Other Assets    
Other investments 86,729 77,324
Goodwill 12,278,425 12,256,880
Intangible assets, net 3,650,280 4,217,224
Deferred tax assets 1,503,064 1,582,382
Other assets 311,856 53,716
Total other assets 17,830,354 18,187,526
Total assets 21,468,603 21,392,641
Current Liabilities    
Accounts payable 227,273 225,270
Income taxes payable 182,080 187,879
Debt, current 0 299,667
Accrued liabilities 955,633 795,816
Total current liabilities 1,364,986 1,508,632
Non-current Liabilities    
Long-term debt 5,145,102 5,192,252
Deferred income taxes 1,919,595 2,088,212
Income taxes payable 591,780 654,420
Other non-current liabilities 449,195 239,937
Total non-current liabilities 8,105,672 8,174,821
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, 369,484,899 shares outstanding (368,302,369 on November 2, 2019) 61,582 61,385
Capital in excess of par value 4,949,586 4,936,349
Retained earnings 7,236,238 6,899,253
Accumulated other comprehensive loss (249,461) (187,799)
Total shareholders’ equity 11,997,945 11,709,188
Liabilities and Shareholders' Equity $ 21,468,603 $ 21,392,641