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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2020
Nov. 02, 2019
Nov. 03, 2018
[1]
Cash flows from operating activities:      
Net income $ 1,220,761 $ 1,363,011 $ 1,506,980
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation 233,775 240,677 228,525
Amortization of intangibles 577,148 570,574 570,538
Stock-based compensation expense 149,518 150,300 151,165
Non-cash impairment included in special charges 0 14,167 0
Other non-cash activity 5,418 40,907 36,569
Non-cash contribution to charitable foundation 40,000 0 0
Deferred income taxes (113,948) (91,253) (730,376)
Change in operating assets and liabilities:      
Accounts receivable (101,626) 5,890 45,979
Inventories 1,760 (42,771) (34,636)
Prepaid expenses and other current assets (3,666) (11,797) (1,588)
Deferred compensation plan investments (3,853) (7,301) (7,484)
Accounts payable and accrued liabilities 103,104 (6,371) (18,397)
Deferred compensation plan liability 3,853 7,308 7,484
Income taxes payable, current 29,441 74,993 (8,506)
Other liabilities (133,198) (55,234) 696,108
Total adjustments 787,726 890,089 935,381
Net cash provided by operating activities 2,008,487 2,253,100 2,442,361
Cash flows from investing:      
Additions to property, plant and equipment, net (165,692) (275,372) (254,876)
Payments for acquisitions, net of cash acquired (14,196) (11,170) (52,839)
Change in other assets (635) (6,644) (6,283)
Net cash used for investing activities (180,523) (293,186) (313,998)
Cash flows from financing activities:      
Proceeds from debt 395,646 1,250,000 743,778
Early termination of debt 0 (1,250,000) 0
Debt repayments (750,000) (850,000) (2,275,000)
Payments on revolver (350,000) (75,000) 0
Proceeds from revolver 350,000 75,000 0
Dividend payments to shareholders (886,155) (777,481) (703,307)
Repurchase of common stock (244,487) (613,005) (225,977)
Proceeds from employee stock plans 68,403 116,523 99,027
Change in other financing activities (4,015) (2,831) 3,437
Net cash used for financing activities (1,420,608) (2,126,794) (2,358,042)
Effect of exchange rate changes on cash 182 (1,389) (1,568)
Net (decrease) increase in cash and cash equivalents 407,538 (168,269) (231,247)
Cash and cash equivalents at beginning of year 648,322 816,591 [1] 1,047,838
Cash and cash equivalents at end of year $ 1,055,860 $ 648,322 $ 816,591
[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.