Cash, Cash Equivalents and Investments (Tables)

3 Months Ended

Jan. 27, 2013

Cash and Cash Equivalents [Abstract]

Summary of cash, cash equivalents and investments

Summary of Cash, Cash Equivalents and Investments

The following tables summarize Applied’s cash, cash equivalents and investments by security type:

January 27, 2013	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	709	$	—	$	—	$	709
Cash equivalents:
Money market funds	814		—		—		814
Total Cash equivalents	814		—		—		814
Total Cash and Cash equivalents	$	1,523	$	—	$	—	$	1,523
Short-term and long-term investments:
U.S. Treasury and agency securities	$	210	$	1	$	—	$	211
Non-U.S. government securities*	13		—		—		13
Municipal securities	389		2		—		391
Commercial paper, corporate bonds and medium-term notes	270		3		—		273
Asset-backed and mortgage-backed securities	283		3		—		286
Total fixed income securities	1,165		9		—		1,174
Publicly traded equity securities	30		16		—		46
Equity investments in privately-held companies	72		—		—		72
Total short-term and long-term investments	$	1,267	$	25	$	—	$	1,292
Total Cash, Cash equivalents and Investments	$	2,790	$	25	$	—	$	2,815

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* Includes agency and corporate debt securities guaranteed by non-U.S. governments, which consist of Canada, Germany and Australia.

October 28, 2012	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	876	$	—	$	—	$	876
Cash equivalents:
Money market funds	483		—		—		483
Municipal securities	33		—		—		33
Total Cash equivalents	516		—		—		516
Total Cash and Cash equivalents	$	1,392	$	—	$	—	$	1,392
Short-term and long-term investments:
U.S. Treasury and agency securities	$	373	$	1	$	—	$	374
Non-U.S. government securities	29		—		—		29
Municipal securities	396		2		—		398
Commercial paper, corporate bonds and medium-term notes	381		3		—		384
Asset-backed and mortgage-backed securities	294		4		—		298
Total fixed income securities	1,473		10		—		1,483
Publicly traded equity securities	32		15		—		47
Equity investments in privately-held companies	70		—		—		70
Total short-term and long-term investments	$	1,575	$	25	$	—	$	1,600
Total Cash, Cash equivalents and Investments	$	2,967	$	25	$	—	$	2,992

Contractual maturities of investments

Maturities of Investments

The following table summarizes the contractual maturities of Applied’s investments at January 27, 2013:

	Cost		Estimated Fair  Value
	(In millions)
Due in one year or less	$	200	$	201
Due after one through five years	682		687
No single maturity date**	385		404
	$	1,267	$	1,292

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** Securities with no single maturity date include publicly-traded and privately-held equity securities, and asset-backed and mortgage-backed securities.