Leases (Tables)

12 Months Ended

Oct. 25, 2020

Leases [Abstract]

Lease, Cost

The components of lease expense and supplemental information were as follows: 

	2020
	(In millions, except percentage)
Operating lease cost	$	69
Weighted-average remaining lease term (in years)	5.2
Weighted-average discount rate	1.8		%

Total rent expense for fiscal 2019 and 2018, was $51 million and $50 million, respectively.

Supplemental cash flow information related to leases are as follows:

	2020
	(In millions)
Operating cash flows paid for operating leases	$	70
Right-of-use assets obtained in exchange for operating lease liabilities	$	156

Operating Lease, Liability, Maturity

As of October 25, 2020, the maturities of lease liabilities are as follows: 

	Operating Leases
Fiscal	(In millions)
2021	$	68
2022	55
2023	48
2024	42
2025	33
Thereafter	25
Total lease payments	$	271
Less imputed interest	(12)
Total	$	259

Schedule of Future Minimum Rental Payments for Operating Leases

Prior to the adoption of the new lease standard, future minimum lease payments as of October 27, 2019, as defined under the previous lease accounting guidance, were as follows: 

	Lease Payments
Fiscal	(In millions)
2020	$	45
2021	34
2022	24
2023	21
2024	17
Thereafter	30
Total	$	171