Cash, Cash Equivalents and Investments (Tables)

3 Months Ended

Jan. 25, 2015

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 25, 2015	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	491	$	—	$	—	$	491
Cash equivalents:
Money market funds	2,438		—		—		2,438
Total Cash equivalents	2,438		—		—		2,438
Total Cash and Cash equivalents	$	2,929	$	—	$	—	$	2,929
Short-term and long-term investments:
U.S. Treasury and agency securities	$	79	$	—	$	—	$	79
Non-U.S. government securities*	12		—		—		12
Municipal securities	374		2		—		376
Commercial paper, corporate bonds and medium-term notes	221		1		—		222
Asset-backed and mortgage-backed securities	284		1		2		283
Total fixed income securities	970		4		2		972
Publicly traded equity securities	19		30		—		49
Equity investments in privately-held companies	67		—		—		67
Total short-term and long-term investments	$	1,056	$	34	$	2	$	1,088
Total Cash, Cash equivalents and Investments	$	3,985	$	34	$	2	$	4,017

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

October 26, 2014	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	508	$	—	$	—	$	508
Cash equivalents:
Money market funds	2,494		—		—		2,494
Total Cash equivalents	2,494		—		—		2,494
Total Cash and Cash equivalents	$	3,002	$	—	$	—	$	3,002
Short-term and long-term investments:
U.S. Treasury and agency securities	$	62	$	—	$	—	$	62
Non-U.S. government securities	14		—		—		14
Municipal securities	391		2		—		393
Commercial paper, corporate bonds and medium-term notes	223		1		—		224
Asset-backed and mortgage-backed securities	287		1		2		286
Total fixed income securities	977		4		2		979
Publicly traded equity securities	19		31		—		50
Equity investments in privately-held companies	66		—		—		66
Total short-term and long-term investments	$	1,062	$	35	$	2	$	1,095
Total Cash, Cash equivalents and Investments	$	4,064	$	35	$	2	$	4,097

Contractual maturities of investments

The following table summarizes the contractual maturities of Applied’s investments at January 25, 2015:

	Cost		Estimated Fair  Value
	(In millions)
Due in one year or less	$	149	$	149
Due after one through five years	537		539
No single maturity date**	370		400
	$	1,056	$	1,088

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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.