Cash, Cash Equivalents and Investments (Tables)

3 Months Ended

Jan. 26, 2014

Cash, Cash Equivalents, and Investments [Abstract]

Summary of cash, cash equivalents and investments

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

January 26, 2014	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	872	$	—	$	—	$	872
Cash equivalents:
Money market funds	1,267		—		—		1,267
Municipal securities	5		—		—		5
Total Cash equivalents	1,272		—		—		1,272
Total Cash and Cash equivalents	$	2,144	$	—	$	—	$	2,144
Short-term and long-term investments:
U.S. Treasury and agency securities	$	74	$	—	$	—	$	74
Non-U.S. government securities*	14		—		—		14
Municipal securities	380		2		—		382
Commercial paper, corporate bonds and medium-term notes	148		1		—		149
Asset-backed and mortgage-backed securities	234		1		2		233
Total fixed income securities	850		4		2		852
Publicly traded equity securities	22		28		—		50
Equity investments in privately-held companies	76		—		—		76
Total short-term and long-term investments	$	948	$	32	$	2	$	978
Total Cash, Cash equivalents and Investments	$	3,092	$	32	$	2	$	3,122

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

October 27, 2013	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	611	$	—	$	—	$	611
Cash equivalents:
Money market funds	1,095		—		—		1,095
Municipal securities	5		—		—		5
Total Cash equivalents	1,100		—		—		1,100
Total Cash and Cash equivalents	$	1,711	$	—	$	—	$	1,711
Short-term and long-term investments:
U.S. Treasury and agency securities	$	170	$	—	$	—	$	170
Non-U.S. government securities	11		—		—		11
Municipal securities	379		2		—		381
Commercial paper, corporate bonds and medium-term notes	218		2		1		219
Asset-backed and mortgage-backed securities	268		2		2		268
Total fixed income securities	1,046		6		3		1,049
Publicly traded equity securities	27		33		—		60
Equity investments in privately-held companies	76		—		—		76
Total short-term and long-term investments	$	1,149	$	39	$	3	$	1,185
Total Cash, Cash equivalents and Investments	$	2,860	$	39	$	3	$	2,896

Contractual maturities of investments

Maturities of Investments

The following table summarizes the contractual maturities of Applied’s investments at January 26, 2014:

	Cost		Estimated Fair  Value
	(In millions)
Due in one year or less	$	127	$	128
Due after one through five years	489		491
No single maturity date**	332		359
	$	948	$	978

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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.