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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 29, 2022
Oct. 30, 2021
Oct. 31, 2020
Revenue      
Revenue $ 12,013,953 $ 7,318,286 $ 5,603,056
Costs and Expenses      
Cost of sales 4,481,479 2,793,274 1,912,578
Gross margin 7,532,474 4,525,012 3,690,478
Operating expenses:      
Research and development 1,700,518 1,296,126 1,050,519
Selling, marketing, general and administrative 1,266,175 915,418 659,923
Amortization of intangibles 1,012,572 536,811 429,455
Special charges, net 274,509 84,456 52,337
Total operating expenses 4,253,774 2,832,811 2,192,234
Operating income 3,278,700 1,692,201 1,498,244
Nonoperating expense (income):      
Interest expense 200,408 184,825 193,305
Loss on extinguishment of debt 0 215,150 0
Interest income (6,906) (1,220) (4,305)
Other, net (13,551) (35,268) (2,373)
Total nonoperating (income) expense 179,951 363,487 186,627
Earnings      
Income before income taxes 3,098,749 1,328,714 1,311,617
Provision for (benefit from) income taxes 350,188 (61,708) 90,856
Net income $ 2,748,561 $ 1,390,422 $ 1,220,761
Shares used to compute earnings per share - basic (in shares) 519,226 397,462 368,633
Shares used to compute earnings per share - diluted (in shares) 523,178 401,288 371,973
Basic earnings per common share (USD per share) $ 5.29 $ 3.50 $ 3.31
Diluted earnings per common share (USD per share) $ 5.25 $ 3.46 $ 3.28