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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Oct. 29, 2022
Accounting Policies [Abstract]  
Schedule of cash and cash equivalents and short term investments The components of the Company’s cash and cash equivalents as of October 29, 2022 and October 30, 2021 were as follows:
20222021
Cash$1,016,027 $1,314,967 
Available-for-sale securities454,545 662,997 
Total cash and cash equivalents$1,470,572 $1,977,964 
Schedule of supplemental cash flow statement Information
202220212020
Cash paid during the fiscal year for:   
Income taxes$821,683 $388,115 $237,691 
Interest$172,957 $197,841 $185,854 
Noncash issuance of common stock for the Acquisition$— $27,754,161 $— 
Fair value of partially vested equity replacement awards issued for the Acquisition
$— $194,890 $— 
Schedule of inventories Inventories at October 29, 2022 and October 30, 2021 were as follows:
20222021
Raw materials$110,908 $71,639 
Work in process904,648 858,627 
Finished goods384,358 270,344 
Total inventories$1,399,914 $1,200,610 
Schedule of property, plant and equipment
The following table presents details of the Company's property, plant and equipment (PP&E), net of accumulated depreciation:
20222021
Land and buildings$1,459,981 $1,392,364 
Machinery and equipment3,817,812 3,210,879 
Office equipment152,858 164,431 
Leasehold improvements118,856 167,623 
5,549,507 4,935,297 
Less accumulated depreciation and amortization3,148,203 2,956,246 
Net property, plant and equipment$2,401,304 $1,979,051 
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 changes in goodwill The following table presents the changes in goodwill during fiscal 2022 and fiscal 2021:
20222021
Balance at beginning of year$26,918,470 $12,278,425 
Acquisition of Maxim (Note 6)15,267 14,645,076 
Foreign currency translation adjustment and other adjustments(20,603)(5,031)
Balance at end of year$26,913,134 $26,918,470 
Schedule of intangible assets
As of October 29, 2022 and October 30, 2021, the Company’s intangible assets consisted of the following:
 October 29, 2022October 30, 2021
 Gross Carrying
Amount 		Accumulated
Amortization		Gross Carrying
Amount		Accumulated
Amortization
Customer relationships$10,335,903 $3,011,889 $10,336,477 $2,191,729 
Technology-based7,555,708 1,804,596 7,559,503 819,204 
Trade-name72,200 58,117 72,200 47,803 
Backlog361,200 213,346 361,200 32,746 
Assembled workforce1,800 1,679 1,800 750 
IPR&D 28,222 — 28,222 — 
Total (1)
$18,355,033 $5,089,627 $18,359,402 $3,092,232 
_______________________________________
(1) Foreign intangible asset carrying amounts are affected by foreign currency translation.
Schedule of expected annual amortization expense The Company expects annual amortization expense for intangible assets as follows:
Fiscal YearAmortization Expense
2023$1,955,394 
2024$1,732,867 
2025$1,572,000 
2026$1,522,480 
2027$1,520,586 
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 29, 2022 and October 30, 2021 were as follows:
Fair Value At
Balance Sheet LocationOctober 29, 2022October 30, 2021
Forward foreign currency exchange contractsAccrued liabilities$18,050 $7,113 
Schedule of offsetting assets liabilities
The following table presents the gross amounts of the Company's forward foreign currency exchange contracts and the net amounts recorded in the Company's Consolidated Balance Sheets as of October 29, 2022 and October 30, 2021:
 October 29, 2022October 30, 2021
Gross amount of recognized liabilities$(19,846)$(8,404)
Gross amounts of recognized assets2,862 319 
Net liabilities offset and presented in the Consolidated Balance Sheets$(16,984)$(8,085)
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 29, 2022 and October 30, 2021. 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 29, 2022 and October 30, 2021, the Company held $1,016.0 million and $1,315.0 million, respectively, of cash that was excluded from the tables below.
 October 29, 2022
 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$454,545 $— $454,545 
Other assets:
Deferred compensation investments63,211 — 63,211 
Total assets measured at fair value$517,756 $— $517,756 
Liabilities
Forward foreign currency exchange contracts (1)$— $16,984 $16,984 
Total liabilities measured at fair value$— $16,984 $16,984 
(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 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 $8,085 
(1) The Company has master netting arrangements by counterparty with respect to derivative contracts. See Note 2i, Derivative Instruments and Hedging Agreements, of the Notes to Consolidated Financial Statements for more information related to the Company's master netting arrangements.
Schedule of debt The table below presents the estimated fair value of certain financial instruments not recorded at fair value on a recurring basis. The fair values of the senior unsecured notes are obtained from broker prices and are classified as Level 1 measurements according to the fair value hierarchy. See Note 14, Debt, of the Notes to Consolidated Financial Statements for further discussion related to outstanding debt.
October 29, 2022October 30, 2021
Principal Amount OutstandingFair Value Principal Amount Outstanding Fair Value
Maxim 2023 Notes, due March 2023$— $— $500,000 $520,236 
2024 Notes, due October 2024500,000 491,982 500,000 500,482 
2025 Notes, due April 2025400,000 383,378 400,000 423,265
2026 Notes, due December 2026900,000 851,479 900,000 986,243 
Maxim 2027 Notes, due June 202759,788 54,771 500,000 542,942 
2027 Notes, due June 2027440,212 410,091 — — 
2028 Notes, due October 2028750,000 621,093 750,000 743,109 
2031 Notes, due October 20311,000,000 786,772 1,000,000 996,702 
2032 Notes, due October 2032300,000 278,359 — — 
2036 Notes, due December 2036144,278 126,274 144,278 176,960 
2041 Notes, due October 2041750,000 513,709 750,000 758,246 
2045 Notes, due December 2045332,587 313,931 332,587 469,592 
2051 Notes, due October 20511,000,000 640,766 1,000,000 1,029,830 
Total Debt$6,576,865 $5,472,605 $6,776,865 $7,147,607 
Schedule of components of accumulated other comprehensive (loss) The changes in components of AOCI at October 29, 2022 and October 30, 2021 consisted of the following:
Foreign currency translation adjustmentUnrealized holding gains/losses on derivativesPension plansTotal
October 30, 2021$(25,795)$(123,754)$(37,016)$(186,565)
Other comprehensive income before reclassifications(46,341)(33,233)36,035 (43,539)
Amounts reclassified out of other comprehensive loss— 39,526 2,334 41,860 
Tax— (2,152)(7,756)(9,908)
Other comprehensive income(46,341)4,141 30,613 (11,587)
October 29, 2022$(72,136)$(119,613)$(6,403)$(198,152)
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 Component20222021Location
Changes in unrealized holding gains/losses on derivatives
Currency forwards $9,474 $(2,682)Cost of sales
5,637 (1,622)Research and development
9,492 (958)Selling, marketing, general and administrative
Interest rate derivatives14,923 12,550 Interest expense
39,526 7,288 Total before tax
(5,054)(189)Tax
$34,472 $7,099 Net of tax
Amortization of pension components included in the computation of net periodic benefit cost
     Actuarial losses2,334 2,979 (1)
(361)339 Tax
$1,973 $3,318 Net of tax
Total amounts reclassified out of AOCI, net of tax$36,445 $10,417 
_______________________________________
(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:
20222021 2020
Net income (1)$2,748,561 $1,390,422 $1,220,761 
Basic shares:   
Weighted-average shares outstanding519,226 397,462 368,633 
Earnings per common share basic$5.29 $3.50 $3.31 
Diluted shares:   
Weighted-average shares outstanding519,226 397,462 368,633 
Assumed exercise of common stock equivalents3,952 3,826 3,340 
Weighted-average common and common equivalent shares523,178 401,288 371,973 
Earnings per common share diluted$5.25 $3.46 $3.28 
Anti-dilutive shares related to:   
Outstanding stock options608 424 460 
_______________________________________
(1)For all fiscal years presented, income allocated to participating securities is not material.