Cash, Cash Equivalents and Investments (Tables)

3 Months Ended

Jan. 29, 2017

Cash and Cash Equivalents [Abstract]

Summary of cash, cash equivalents and investments

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

January 29, 2017	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	1,322	$	—	$	—	$	1,322
Cash equivalents:
Money market funds	1,533		—		—		1,533
U.S. Treasury and agency securities	50		—		—		50
Non-U.S. government securities*	31		—		—		31
Municipal securities	210		—		—		210
Commercial paper, corporate bonds and medium-term notes	345		—		—		345
Total Cash equivalents	2,169		—		—		2,169
Total Cash and Cash equivalents	$	3,491	$	—	$	—	$	3,491
Short-term and long-term investments:
U.S. Treasury and agency securities	$	103	$	—	$	1	$	102
Non-U.S. government securities*	35		—		—		35
Municipal securities	560		—		1		559
Commercial paper, corporate bonds and medium-term notes	470		—		1		469
Asset-backed and mortgage-backed securities	265		—		1		264
Total fixed income securities	1,433		—		4		1,429
Publicly traded equity securities	26		47		1		72
Equity investments in privately-held companies	64		—		—		64
Total short-term and long-term investments	$	1,523	$	47	$	5	$	1,565
Total Cash, Cash equivalents and Investments	$	5,014	$	47	$	5	$	5,056

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

October 30, 2016	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair  Value
	(In millions)
Cash	$	1,103	$	—	$	—	$	1,103
Cash equivalents:
Money market funds	1,889		—		—		1,889
U.S. Treasury and agency securities	10		—		—		10
Non-U.S. government securities*	10		—		—		10
Municipal securities	253		—		—		253
Commercial paper, corporate bonds and medium-term notes	141		—		—		141
Total Cash equivalents	2,303		—		—		2,303
Total Cash and Cash equivalents	$	3,406	$	—	$	—	$	3,406
Short-term and long-term investments:
U.S. Treasury and agency securities	$	195	$	—	$	—	$	195
Non-U.S. government securities*	5		—		—		5
Municipal securities	408		—		—		408
Commercial paper, corporate bonds and medium-term notes	273		1		—		274
Asset-backed and mortgage-backed securities	253		1		1		253
Total fixed income securities	1,134		2		1		1,135
Publicly traded equity securities	26		44		3		67
Equity investments in privately-held companies	70		—		—		70
Total short-term and long-term investments	$	1,230	$	46	$	4	$	1,272
Total Cash, Cash equivalents and Investments	$	4,636	$	46	$	4	$	4,678

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

Contractual maturities of investments

The following table summarizes the contractual maturities of Applied’s investments at January 29, 2017:

	Cost		Estimated Fair  Value
	(In millions)
Due in one year or less	$	639	$	639
Due after one through five years	529		526
No single maturity date**	355		400
	$	1,523	$	1,565

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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.