XML 25 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 30, 2021
Oct. 31, 2020
Nov. 02, 2019
Revenue      
Revenue $ 7,318,286 $ 5,603,056 $ 5,991,065
Costs and Expenses      
Cost of sales 2,793,274 1,912,578 1,977,315
Gross margin 4,525,012 3,690,478 4,013,750
Operating expenses:      
Research and development 1,296,126 1,050,519 1,130,348
Selling, marketing, general and administrative 915,418 659,923 648,094
Amortization of intangibles 536,811 429,455 429,041
Special charges, net 84,456 52,337 95,659
Total operating expenses 2,832,811 2,192,234 2,303,142
Operating income 1,692,201 1,498,244 1,710,608
Nonoperating expense (income):      
Interest expense 184,825 193,305 229,075
Loss on extinguishment of debt 215,150 0 0
Interest income (1,220) (4,305) (10,229)
Other, net (35,268) (2,373) 6,034
Total nonoperating (income) expense 363,487 186,627 224,880
Earnings      
Income before income taxes 1,328,714 1,311,617 1,485,728
(Benefit from) provision for income taxes (61,708) 90,856 122,717
Net income $ 1,390,422 $ 1,220,761 $ 1,363,011
Shares used to compute earnings per share - Basic (in shares) 397,462 368,633 369,133
Shares used to compute earnings per share - Diluted (in shares) 401,288 371,973 372,871
Basic earnings per common share (USD per share) $ 3.50 $ 3.31 $ 3.68
Earnings per common share diluted (USD per share) $ 3.46 $ 3.28 $ 3.65