Fair Value Measurements (Tables)

6 Months Ended

Apr. 26, 2020

Fair Value Disclosures [Abstract]

Financial assets measured at fair value on a recurring basis

Financial assets (excluding cash balances) and liabilities measured at fair value on a recurring basis are summarized below:

	April 26, 2020						October 27, 2019
	Level 1		Level 2		Total		Level 1		Level 2		Total
	(In millions)
Assets:
Available-for-sale debt security investments
Money market funds*	$	4,346	$	—	$	4,346	$	1,677	$	—	$	1,677
U.S. Treasury and agency securities	369		17		386		323		18		341
Non-U.S. government securities	—		4		4		—		10		10
Municipal securities	—		401		401		—		406		406
Commercial paper, corporate bonds and medium-term notes	—		579		579		—		1,024		1,024
Asset-backed and mortgage-backed securities	—		597		597		—		635		635
Total available-for-sale debt security investments	$	4,715	$	1,598	$	6,313	$	2,000	$	2,093	$	4,093
Equity investments with readily determinable values
Publicly traded equity securities	$	38	$	—	$	38	$	45	$	—	$	45
Total equity investments with readily determinable values	$	38	$	—	$	38	$	45	$	—	$	45
Total assets	$	4,753	$	1,598	$	6,351	$	2,045	$	2,093	$	4,138
Liabilities:
Interest rate derivatives	$	—	$	180	$	180	$	—	$	—	$	—
Total liabilities	$	—	$	180	$	180	$	—	$	—	$	—

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* Amount as of April 26, 2020 includes $115 million invested in money market funds related to deferred compensation plans. Due to restrictions on the distribution of these funds, they are classified as restricted cash equivalents and are included in deferred income taxes and other assets in the Consolidated Condensed Balance Sheets.