Cash, Cash Equivalents and Investments (Tables)

9 Months Ended

Jul. 26, 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:

July 26, 2015	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	422	$	—	$	—	$	422
Cash equivalents:
Money market funds	2,152		—		—		2,152
Total Cash equivalents	2,152		—		—		2,152
Total Cash and Cash equivalents	$	2,574	$	—	$	—	$	2,574
Short-term and long-term investments:
U.S. Treasury and agency securities	$	82	$	—	$	—	$	82
Non-U.S. government securities*	9		—		—		9
Municipal securities	390		1		—		391
Commercial paper, corporate bonds and medium-term notes	239		—		1		238
Asset-backed and mortgage-backed securities	274		—		1		273
Total fixed income securities	994		1		2		993
Publicly traded equity securities	28		29		—		57
Equity investments in privately-held companies	77		—		—		77
Total short-term and long-term investments	$	1,099	$	30	$	2	$	1,127
Total Cash, Cash equivalents and Investments	$	3,673	$	30	$	2	$	3,701

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

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 July 26, 2015:

	Cost		Estimated Fair  Value
	(In millions)
Due in one year or less	$	156	$	156
Due after one through five years	559		559
Due after five years	4		4
No single maturity date**	380		408
	$	1,099	$	1,127

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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.