Special Charges, Net

12 Months Ended

Nov. 01, 2025

Restructuring and Related Activities [Abstract]

The Company monitors global macroeconomic conditions on an ongoing basis and continues to assess opportunities for improved operational effectiveness and efficiency, as well as a better alignment of expenses with revenues. As a result of these assessments, the Company has undertaken various actions resulting in special charges over the past several years.

Liabilities related to special charges, net are presented in accrued liabilities and other non-current liabilities on the Consolidated Balance Sheets. The activity is detailed below:


Accrued Special Charges	Global Repositioning Actions			Q4 2023 Plan




























Balance at October 29, 2022	$	52,070		$	—
Employee severance and benefit costs	45,064			113,995

Severance and benefit payments, net	(60,153)			(3,549)




Balance at October 28, 2023	$	36,981	(1)	$	110,446
Employee severance and benefit costs	(5,106)			41,907

Severance and benefit payments, net	(18,020)			(151,636)




Balance at November 2, 2024	$	13,855		$	717
Employee severance and benefit costs	63,968			—

Severance and benefit payments, net	(73,708)			(717)


Balance at November 1, 2025	$	4,115		$	—

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(1) As of October 28, 2023, this balance was comprised of $13.8 million and $23.1 million recorded in Accrued liabilities and Other non-current liabilities, respectively, on the Consolidated Balance Sheet.

Global Repositioning Actions

The Company recorded net special charges of $591.6 million on a cumulative basis through November 1, 2025, as part of the integration of the acquisition of Maxim Integrated Products, Inc. (Maxim) and continued organizational initiatives to consolidate its global footprint related to certain manufacturing, engineering, sales, marketing and administrative offices and to better align its global workforce with the Company’s long-term strategic plan. The special charges include severance and fringe benefit costs, in accordance with the Company’s ongoing benefit plan or statutory requirements at foreign locations, and the write-off of acquired intellectual property due to the Company’s decision to discontinue certain product development strategies.

Q4 2023 Plan

In fiscal 2023, the Company committed to a plan to reorganize its business (the Q4 2023 Plan). The Company recorded net special charges of $155.9 million on a cumulative basis through November 2, 2024 related to the Q4 2023 Plan. The Q4 2023 Plan, consisting of voluntary and involuntary reductions-in-force and other cost-savings initiatives, was commenced to adjust the Company’s cost structure and business activities to better align with then weaker market demand and continued economic uncertainty in its end markets, as well as to make certain strategic shifts in its workforce necessary to achieve its long-term vision. The reductions-in-force impacted positions in manufacturing, engineering and selling, marketing, general and administrative functions.