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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 28, 2023
Oct. 29, 2022
Oct. 30, 2021
Revenue      
Revenue $ 12,305,539 $ 12,013,953 $ 7,318,286
Costs and Expenses      
Cost of sales 4,428,321 4,481,479 2,793,274
Gross margin 7,877,218 7,532,474 4,525,012
Operating expenses:      
Research and development 1,660,194 1,700,518 1,296,126
Selling, marketing, general and administrative 1,273,584 1,266,175 915,418
Amortization of intangibles 959,618 1,012,572 536,811
Special charges, net 160,710 274,509 84,456
 Total operating expenses 4,054,106 4,253,774 2,832,811
Operating income 3,823,112 3,278,700 1,692,201
Nonoperating expense (income):      
Interest expense 264,641 200,408 184,825
Loss on extinguishment of debt 0 0 215,150
Interest income (41,287) (6,906) (1,220)
Other, net (8,245) (13,551) (35,268)
Total nonoperating (income) expense 215,109 179,951 363,487
Earnings      
Income before income taxes 3,608,003 3,098,749 1,328,714
Provision for (benefit from) income taxes 293,424 350,188 (61,708)
Net income $ 3,314,579 $ 2,748,561 $ 1,390,422
Shares used to compute earnings per share - basic (in shares) 502,232 519,226 397,462
Shares used to compute earnings per share - diluted (in shares) 505,959 523,178 401,288
Basic earnings per common share (in dollars per share) $ 6.60 $ 5.29 $ 3.50
Diluted earnings per common share (in dollars per share) $ 6.55 $ 5.25 $ 3.46