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Subsequent Events
3 Months Ended
Feb. 01, 2025
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On February 18, 2025, the Board of Directors of the Company declared a cash dividend of $0.99 per outstanding share of common stock. The dividend will be paid on March 17, 2025 to all shareholders of record at the close of business on March 4, 2025 and is expected to total approximately $491.0 million.
Also on February 18, 2025, the Company’s Board of Directors authorized the Company to repurchase an additional $10.0 billion of its common stock, bringing the total remaining share repurchase authorization to approximately $11.5 billion. Under the share repurchase program, the Company may repurchase outstanding shares of its common stock from time to time on the open market or through privately negotiated transactions.