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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 29, 2022
Oct. 30, 2021
Oct. 31, 2020
Cash flows from operating activities:      
Net income $ 2,748,561 $ 1,390,422 $ 1,220,761
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation 283,338 231,275 233,775
Amortization of intangibles 2,014,161 843,359 577,148
Cost of goods sold for inventory acquired 271,396 331,083 0
Stock-based compensation expense 323,487 243,611 149,518
Non-cash contribution to charitable foundation 0 0 40,000
Loss on extinguishment of debt 0 215,150 0
Non-cash impairment charge 91,953 0 0
Non-cash operating lease costs (44,087) 19,232 (257,607)
Other (2,987) (24,086) 5,418
Deferred income taxes (326,755) (406,922) (113,948)
Change in operating assets and liabilities:      
Accounts receivable (343,908) (114,504) (101,626)
Inventories (470,725) (65,114) 1,760
Prepaid expenses and other current assets (79,439) (53,326) (3,666)
Prepaid income tax 14,855 (5,791) 0
Accounts payable and accrued liabilities 171,772 208,444 103,104
Income taxes payable, current (91,852) (6,797) 29,441
Other assets (14,441) (21,690) 0
Other liabilities (69,927) (49,277) 124,409
Total adjustments 1,726,841 1,344,647 787,726
Net cash provided by operating activities 4,475,402 2,735,069 2,008,487
Cash flows from investing activities:      
Additions to property, plant and equipment, net (699,308) (343,676) (165,692)
Cash received from acquisition of Maxim, net of cash paid 0 2,450,550 0
Other 41,940 36,651 (14,831)
Net cash (used for) provided by investing activities (657,368) 2,143,525 (180,523)
Cash flows from financing activities:      
Proceeds from debt 296,130 3,939,640 395,646
Early termination of debt (519,116) (3,591,982) 0
Debt repayments 0 0 (750,000)
Payments on revolver (400,000) (400,000) (350,000)
Proceeds from revolver 400,000 400,000 350,000
Payment on derivative instrument 0 (153,161) 0
Prepayment for stock repurchases 0 (500,000) 0
Dividend payments to shareholders (1,544,552) (1,109,344) (886,155)
Repurchase of common stock (2,577,015) (2,605,144) (244,487)
Proceeds from employee stock plans 33,887 63,105 68,403
Other 19,946 (2,778) (4,015)
Net cash used for financing activities (4,290,720) (3,959,664) (1,420,608)
Effect of exchange rate changes on cash (34,706) 3,174 182
Net (decrease) increase in cash and cash equivalents (507,392) 922,104 407,538
Cash and cash equivalents at beginning of year 1,977,964 1,055,860 648,322
Cash and cash equivalents at end of year $ 1,470,572 $ 1,977,964 $ 1,055,860