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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Oct. 30, 2021
Accounting Policies [Abstract]  
Schedule of new accounting pronouncements and changes in accounting principles The impact on the Company's previously reported Consolidated Statement of Shareholders' Equity line item is as follows:
November 3, 2018
As ReportedImpact of Adoption of ASU 2014-09As Adjusted
Retained earnings$5,703,064 $279,633 $5,982,697 
Schedule of cash and cash equivalents and short term investments The components of the Company’s cash and cash equivalents as of October 30, 2021 and October 31, 2020 were as follows:
20212020
Cash$1,314,967 $239,607 
Available-for-sale securities662,997 816,253 
Total cash and cash equivalents$1,977,964 $1,055,860 
Schedule of supplemental cash flow statement Information
202120202019
Cash paid during the fiscal year for:   
Income taxes$388,115 $237,691 $205,762 
Interest$197,841 $185,854 $216,143 
Noncash issuance of common stock for the Acquisition$27,754,161 $— $— 
Fair value of partially vested equity replacement awards issued for the Acquisition
$194,890 $— $— 
Schedule of inventories Inventories at October 30, 2021 and October 31, 2020 were as follows:
20212020
Raw materials$71,639 $33,806 
Work in process858,627 443,690 
Finished goods270,344 130,764 
Total inventories$1,200,610 $608,260 
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 Prepaid expenses and other current assets includes the following assets held for sale recorded at the fair value of the asset group, less costs to sell:
Land and buildings$40,070 
Less accumulated depreciation and amortization(13,634)
Net property, plant and equipment reclassified to Prepaid expenses and other current assets$26,436 
Schedule of changes in goodwill
The following table presents the changes in goodwill during fiscal 2021 and fiscal 2020:
20212020
Balance at beginning of year$12,278,425 $12,256,880 
Acquisition of Maxim (Note 6)14,645,076 — 
Goodwill related to other acquisitions (1)— 17,839 
Foreign currency translation adjustment and other adjustments(5,031)3,706 
Balance at end of year$26,918,470 $12,278,425 
_______________________________________
(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 30, 2021 and October 31, 2020, the Company’s intangible assets consisted of the following:
 October 30, 2021October 31, 2020
 Gross Carrying
Amount 		Accumulated
Amortization		Gross Carrying
Amount		Accumulated
Amortization
Customer relationships$10,336,477 $2,191,729 $4,700,454 $1,703,299 
Technology-based7,559,503 819,204 1,136,742 518,328 
Trade-name72,200 47,803 72,200 37,489 
Backlog361,200 32,746 — — 
Assembled workforce1,800 750 — — 
IPR&D 28,222 — — — 
Total (1) (2)
$18,359,402 $3,092,232 $5,909,396 $2,259,116 
_______________________________________
(1) Foreign intangible asset carrying amounts are affected by foreign currency translation.
(2) Increases in intangible assets primarily related to the Acquisition. See Note 6, Acquisitions, of the Notes to the Consolidated Financial Statements for further information.
Schedule of expected annual amortization expense The Company expects annual amortization expense for intangible assets as follows:
Fiscal YearAmortization Expense
2022$2,013,977 
2023$1,956,113 
2024$1,730,733 
2025$1,569,470 
2026$1,519,949 
Schedule of fair value of hedging instruments The fair values of forward foreign currency derivative instruments designated as hedging instruments in the Company’s Consolidated Balance Sheets as of October 30, 2021 and October 31, 2020 were as follows:
Fair Value At
Balance Sheet LocationOctober 30, 2021October 31, 2020
Forward foreign currency exchange contractsPrepaid expenses and other current assets$— $5,550 
Forward foreign currency exchange contractsAccrued liabilities$7,113 $— 
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 30, 2021 and October 31, 2020:
 October 30, 2021October 31, 2020
Gross amount of recognized assets$319 $6,114 
Gross amounts of recognized liabilities offset in the Consolidated Balance Sheets(8,404)(687)
Net (liabilities) assets presented in the Consolidated Balance Sheets$(8,085)$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 30, 2021 and October 31, 2020. 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 30, 2021 and October 31, 2020, the Company held $1,315.0 million and $239.6 million, respectively, of cash and held-to-maturity investments that were excluded from the tables below.
 October 30, 2021
 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$662,997 $— $662,997 
Other assets:
Deferred compensation investments71,301 — 71,301 
Total assets measured at fair value$734,298 $— $734,298 
Liabilities
Forward foreign currency exchange contracts (1)$— $8,085 $8,085 
Total liabilities measured at fair value$— $8,085 $8,085 
(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.
 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.
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 30, 2021October 31, 2020
Principal Amount OutstandingFair Value Principal Amount Outstanding Fair Value
3-Year term loan, due March 2022
— $— 925,000 $925,000 
2021 Notes, due December 2021— — 400,000 408,565 
Maxim 2023 Notes, due March 2023500,000 520,236 — — 
2023 Notes, due June 2023— — 500,000 526,855 
2023 Notes, due December 2023— — 550,000 590,177 
2024 Notes, due October 2024500,000 500,482 — — 
2025 Notes, due April 2025400,000 423,265 400,000 434,919
2025 Notes, due December 2025— — 850,000 969,033 
2026 Notes, due December 2026900,000 986,243 900,000 1,017,505 
Maxim 2027 Notes, due June 2027500,000 542,942 — — 
2028 Notes, due October 2028750,000 743,109 — — 
2031 Notes, due October 20311,000,000 996,702 — — 
2036 Notes, due December 2036144,278 176,960 250,000 298,153 
2041 Notes, due October 2041750,000 758,246 — — 
2045 Notes, due December 2045332,587 469,592 400,000 538,788 
2051 Notes, due October 20511,000,000 1,029,830 — — 
Total Debt$6,776,865 $7,147,607 $5,175,000 $5,708,995 
Schedule of components of accumulated other comprehensive (loss) The changes in components of AOCI at October 30, 2021 and October 31, 2020 consisted of the following:
Foreign currency translation adjustmentUnrealized holding gains/losses on derivativesPension plansTotal
October 31, 2020$(26,852)$(172,670)$(49,939)$(249,461)
Other comprehensive income before reclassifications1,057 56,034 9,307 66,398 
Amounts reclassified out of other comprehensive loss— 7,288 2,979 10,267 
Tax— (14,406)637 (13,769)
Other comprehensive income1,057 48,916 12,923 62,896 
October 30, 2021$(25,795)$(123,754)$(37,016)$(186,565)
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 Component20212020Location
Changes in unrealized holding gains/losses on derivatives
Currency forwards $(2,682)$(2,522)Cost of sales
(1,622)(127)Research and development
(958)112 Selling, marketing, general and administrative
Interest rate derivatives12,550 1,856 Interest expense
7,288 (681)Total before tax
(189)(158)Tax
Effect of Accounting Standards Update 2018-02— (2,379)Retained earnings
$7,099 $(3,218)Net of tax
Amortization of pension components included in the computation of net periodic benefit cost
     Actuarial losses2,979 2,617 (1)
339 651 Tax
$3,318 $3,268 Net of tax
Total amounts reclassified out of AOCI, net of tax$10,417 $50 
_______________________________________
(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:
20212020 2019
Net income$1,390,422 $1,220,761 $1,363,011 
Less: income allocated to participating securities (1)— — 3,229 
Net income allocated to common shareholders$1,390,422 $1,220,761 $1,359,782 
Basic shares:   
Weighted-average shares outstanding397,462 368,633 369,133 
Earnings per common share basic$3.50 $3.31 $3.68 
Diluted shares:   
Weighted-average shares outstanding397,462 368,633 369,133 
Assumed exercise of common stock equivalents3,826 3,340 3,738 
Weighted-average common and common equivalent shares401,288 371,973 372,871 
Earnings per common share diluted$3.46 $3.28 $3.65 
Anti-dilutive shares related to:   
Outstanding stock options424 460 826 
_______________________________________
(1)For fiscal 2021 and fiscal 2020, the amount is not material.