Income Taxes (Tables)

12 Months Ended

Nov. 01, 2025

Income Tax Disclosure [Abstract]

Schedule of Income Tax Provision Reconciliation

The reconciliation of income tax computed at the U.S. federal statutory rates to income tax expense for fiscal 2025, fiscal 2024 and fiscal 2023 is as follows:

	2025			2024			2023
U.S. federal statutory tax rate	21.0		%	21.0		%	21.0		%
Income tax provision reconciliation:
Tax at statutory rate	$	569,544		$	373,241		$	757,681
Net foreign income subject to lower tax rate	(391,616)			(219,294)			(358,944)
State income taxes, net of federal benefit	79,000			(10,646)			4,453
Valuation allowance	(79,204)			10,615			(6,641)
Federal research and development tax credits	(36,014)			(53,420)			(65,391)
Change in uncertain tax positions	14,179			(19,514)			17,985
Amortization of purchased intangibles	106,611			114,679			142,358
Taxes attributable to the Tax Cuts and Jobs Act of 2017	(4,101)			(3,977)			(81,695)
Taxes attributable to the One Big Beautiful Bill Act	153,763			—			—
U.S. effects of international operations	51,314			(6,300)			(98,286)
Windfalls (under ASU 2016-09)	(18,304)			(22,985)			(24,211)
Other, net	(402)			(20,332)			6,115
Total income tax provision	$	444,770		$	142,067		$	293,424

Schedule of Income Before Income Tax Domestic and Foreign

Income before income taxes for fiscal 2025, fiscal 2024 and fiscal 2023 includes the following components:

Income before income taxes (1)	2025		2024		2023
Domestic	$	520,188	$	517,555	$	846,592
Foreign	2,191,924		1,259,785		2,761,411
Income before income taxes	$	2,712,112	$	1,777,340	$	3,608,003

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(1)Income before income taxes reflects deemed intercompany royalties in all periods presented.

Schedule of Components of The Provision for Income Taxes

The components of the provision for income taxes for fiscal 2025, fiscal 2024 and fiscal 2023 are as follows:

	2025		2024		2023
Current:
Federal tax	$	492,570	$	348,144	$	303,146
State	14,175		14,399		11,772
Foreign	184,670		147,087		431,452
Total current	$	691,415	$	509,630	$	746,370
Deferred:
Federal	$	(455,194)	$	(492,578)	$	(508,741)
State	(7,018)		3,579		2,063
Foreign	215,567		121,436		53,732
Total deferred	$	(246,645)	$	(367,563)	$	(452,946)
Provision for income taxes	$	444,770	$	142,067	$	293,424

Schedule of Deferred Tax Assets and Liabilities

The significant components of the Company’s deferred tax assets and liabilities for fiscal 2025 and fiscal 2024 are as follows:

	2025		2024
Deferred tax assets:
Inventory reserves	$	35,338	$	29,139
Reserves for compensation and benefits	56,983		48,801
Tax credit carryovers	241,678		318,469
Stock-based compensation	23,812		22,290
Net operating losses	33,461		41,340
Intangible assets	1,684,244		1,871,218
Lease liability	71,335		74,715
Capitalization of R&D expenses (1)	804,017		624,682
Other	68,118		71,049
Total gross deferred tax assets	3,018,986		3,101,703
Valuation allowance	(263,875)		(343,079)
Total deferred tax assets	2,755,111		2,758,624
Deferred tax liabilities:
Depreciation	(142,031)		(139,556)
Deferred GILTI tax liabilities (2)	(2,272,775)		(2,442,068)
Right of use asset	(50,965)		(53,303)
Acquisition-related intangibles	(585,519)		(664,337)
Total gross deferred tax liabilities	(3,051,290)		(3,299,264)
Net deferred tax liabilities	$	(296,179)	$	(540,640)

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(1) The Company included the effects of the mandatory capitalization and amortization of research and development expenses which began in fiscal 2023 under the Tax Cuts and Jobs Act.

(2) The Company’s effective tax rate for fiscal 2025 was impacted by a net deferred tax expense of $153.8 million recorded in fiscal 2025 related to the remeasurement of our GILTI-related deferred tax assets and liabilities attributable to the passage of the OBBBA.

Schedule of Changes Unrealized Tax Benefits

The following table summarizes the changes in the total amounts of unrealized tax benefits for fiscal 2023 through fiscal 2025:

	Unrealized Tax Benefits
Balance, October 29, 2022	$	165,327
Additions for tax positions related to current year	5,895
Additions for tax positions related to prior years	17,096
Reductions due to lapse of applicable statute of limitations	(903)
Balance, October 28, 2023	$	187,415
Additions for tax positions related to current year	5,793
Reductions for tax positions related to prior years	(27,499)
Reductions due to lapse of applicable statute of limitations	(3,013)
Balance, November 2, 2024	$	162,696
Additions for tax positions related to current year	5,603
Additions for tax positions related to prior years	38
Reductions due to lapse of applicable statute of limitations	(2,139)
Balance, November 1, 2025	$	166,198