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Earnings Per Share (Tables)
12 Months Ended
Oct. 30, 2016
Earnings Per Share [Abstract]  
Elements used in computing both basic and diluted net earnings per share
Applied’s net income has not been adjusted for any period presented for purposes of computing basic or diluted earnings per share due to the Company’s non-complex capital structure.
 
Fiscal Year
2016
 
2015
 
2014
 
 
 
 
 
 
 
(In millions, except per share amounts)
Numerator:
 
 
 
 
 
Net income
$
1,721

 
$
1,377

 
$
1,072

Denominator:
 
 
 
 
 
Weighted average common shares outstanding
1,107

 
1,214

 
1,215

Effect of dilutive stock options, restricted stock units and employee stock purchase plan shares
9

 
12

 
16

Denominator for diluted earnings per share
1,116

 
1,226

 
1,231

Basic earnings per share
$
1.56

 
$
1.13

 
$
0.88

Diluted earnings per share
$
1.54

 
$
1.12

 
$
0.87

Potentially dilutive securities

 

 
1