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Earnings Per Share (Tables)
12 Months Ended
Oct. 29, 2017
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
2017
 
2016
 
2015
 
 
 
 
 
 
 
(In millions, except per share amounts)
Numerator:
 
 
 
 
 
Net income
$
3,434

 
$
1,721

 
$
1,377

Denominator:
 
 
 
 
 
Weighted average common shares outstanding
1,073

 
1,107

 
1,214

Effect of dilutive stock options, restricted stock units and employee stock purchase plan shares
11

 
9

 
12

Denominator for diluted earnings per share
1,084

 
1,116

 
1,226

Basic earnings per share
$
3.20

 
$
1.56

 
$
1.13

Diluted earnings per share
$
3.17

 
$
1.54

 
$
1.12

Potentially dilutive securities