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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Nov. 02, 2024
Oct. 28, 2023
Current Assets    
Cash and cash equivalents $ 1,991,342 $ 958,061
Short-term investments 371,822 0
Accounts receivable less allowances of $7,160 ($2,763 in 2023) 1,336,331 1,469,734
Inventories 1,447,687 1,642,214
Prepaid expenses and other current assets 337,472 314,013
Total current assets 5,484,654 4,384,022
Other Assets    
Net property, plant and equipment 3,415,550 3,219,157
Goodwill 26,909,775 26,913,134
Intangible assets, net 9,585,464 11,311,957
Deferred tax assets 2,083,752 2,223,272
Other assets 749,082 742,936
Total non-current assets 42,743,623 44,410,456
 TOTAL ASSETS 48,228,277 48,794,478
Current Liabilities    
Accounts payable 487,457 493,041
Income taxes payable 447,379 309,046
Debt, current 399,636 499,052
Commercial paper notes 547,738 547,224
Accrued liabilities 1,106,070 1,352,608
Total current liabilities 2,988,280 3,200,971
Non-current Liabilities    
Long-term debt 6,634,313 5,902,457
Deferred income taxes 2,624,392 3,127,852
Income taxes payable 260,486 417,076
Other non-current liabilities 544,489 581,000
Total non-current liabilities 10,063,680 10,028,385
Shareholders’ Equity    
Preferred stock, $1.00 par value, 471,934 shares authorized, none outstanding 0 0
Common stock, $0.16 2/3 par value, 1,200,000,000 shares authorized, 496,296,854 shares outstanding (496,261,678 on October 28, 2023) 82,718 82,712
Capital in excess of par value 25,082,243 25,313,914
Retained earnings 10,196,612 10,356,798
Accumulated other comprehensive loss (185,256) (188,302)
Total shareholders’ equity 35,176,317 35,565,122
 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 48,228,277 $ 48,794,478