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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Oct. 25, 2020
Oct. 27, 2019
Oct. 28, 2018
Income Statement [Abstract]      
Net sales $ 17,202 $ 14,608 $ 16,705
Cost of products sold 9,510 8,222 9,188
Gross profit 7,692 6,386 7,517
Operating expenses:      
Research, development and engineering 2,234 2,054 2,022
Marketing and selling 526 521 521
General and administrative 567 461 483
Total operating expenses 3,327 3,036 3,026
Income from operations 4,365 3,350 4,491
Interest expense 240 237 234
Interest and other income, net 41 156 139
Income before income taxes 4,166 3,269 4,396
Provision for income taxes 547 563 1,358
Net income $ 3,619 $ 2,706 $ 3,038
Earnings per share:      
Basic (in dollars per share) $ 3.95 $ 2.89 $ 3.00
Diluted (in dollars per share) $ 3.92 $ 2.86 $ 2.96
Weighted average number of shares:      
Basic (in shares) 916 937 1,013
Diluted (in shares) 923 945 1,026