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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Nov. 02, 2024
Oct. 28, 2023
Oct. 29, 2022
Cash flows from operating activities:      
Net income $ 1,635,273 $ 3,314,579 $ 2,748,561
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation 362,771 334,704 283,338
Amortization of intangibles 1,741,545 1,958,399 2,014,161
Cost of goods sold for inventory acquired 0 0 271,396
Stock-based compensation expense 262,710 299,823 323,487
Non-cash impairment charge 0 0 91,953
Deferred income taxes (367,563) (452,946) (326,755)
Other 23,050 8,665 (47,074)
Change in operating assets and liabilities:      
Accounts receivable 133,402 330,728 (343,908)
Inventories 191,170 (242,299) (470,725)
Prepaid expenses and other current assets (53,004) 4,543 (64,584)
Accounts payable and accrued liabilities (133,758) (499,316) 171,772
Income taxes payable, current 91,648 (263,716) (91,852)
Other assets (34,521) (25,819) 397
Other liabilities (194) 50,289 (84,765)
Total adjustments 2,217,256 1,503,055 1,726,841
Net cash provided by operating activities 3,852,529 4,817,634 4,475,402
Cash flows from investing activities:      
Purchases of short-term investments (438,901) 0 0
Maturities of short-term investments 69,279 0 0
Additions to property, plant and equipment, net (730,463) (1,261,463) (699,308)
Other (4,773) (4,922) 41,940
Net cash used for investing activities (1,104,858) (1,266,385) (657,368)
Cash flows from financing activities:      
Proceeds from debt 1,087,856 0 296,130
Early termination of debt 0 (65,688) (519,116)
Debt repayments (499,966) 0 0
Payments on revolver 0 0 (400,000)
Proceeds from revolver 0 0 400,000
Proceeds from commercial paper notes 10,184,439 5,287,124 0
Payments of commercial paper notes (10,183,925) (4,739,900) 0
Dividend payments to shareholders (1,795,459) (1,679,106) (1,544,552)
Repurchase of common stock (615,590) (2,963,955) (2,577,015)
Proceeds from employee stock plans 121,215 118,608 33,887
Other (12,960) (20,843) 19,946
Net cash used for financing activities (1,714,390) (4,063,760) (4,290,720)
Effect of exchange rate changes on cash 0 0 (34,706)
Net increase (decrease) in cash and cash equivalents 1,033,281 (512,511) (507,392)
Cash and cash equivalents at beginning of year 958,061 1,470,572 1,977,964
Cash and cash equivalents at end of year $ 1,991,342 $ 958,061 $ 1,470,572