Cash, Cash Equivalents and Investments (Tables)

6 Months Ended

Apr. 28, 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:

April 28, 2013	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	590	$	—	$	—	$	590
Cash equivalents:
Money market funds	955		—		—		955
Total Cash equivalents	955		—		—		955
Total Cash and Cash equivalents	$	1,545	$	—	$	—	$	1,545
Short-term and long-term investments:
U.S. Treasury and agency securities	$	217	$	1	$	—	$	218
Non-U.S. government securities*	14		—		—		14
Municipal securities	385		2		—		387
Commercial paper, corporate bonds and medium-term notes	262		3		—		265
Asset-backed and mortgage-backed securities	289		3		1		291
Total fixed income securities	1,167		9		1		1,175
Publicly traded equity securities	31		26		—		57
Equity investments in privately-held companies	73		—		—		73
Total short-term and long-term investments	$	1,271	$	35	$	1	$	1,305
Total Cash, Cash equivalents and Investments	$	2,816	$	35	$	1	$	2,850

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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 April 28, 2013:

	Cost		Estimated Fair  Value
	(In millions)
Due in one year or less	$	189	$	189
Due after one through five years	689		695
No single maturity date**	393		421
	$	1,271	$	1,305

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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.