Fair Value Measurements (Tables)

6 Months Ended

May 02, 2021

Fair Value Disclosures [Abstract]

Financial assets measured at fair value on a recurring basis

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

	May 2, 2021						October 25, 2020
	Level 1		Level 2		Total		Level 1		Level 2		Total
	(In millions)
Assets:
Available-for-sale debt security investments
Money market funds*	$	5,146	$	—	$	5,146	$	4,324	$	—	$	4,324
Bank certificate of deposit	—		2		2		—		—		—
U.S. Treasury and agency securities	304		26		330		375		23		398
Non-U.S. government securities	—		5		5		—		—		—
Municipal securities	—		364		364		—		371		371
Commercial paper, corporate bonds and medium-term notes	—		582		582		—		499		499
Asset-backed and mortgage-backed securities	—		524		524		—		479		479
Total available-for-sale debt security investments	$	5,450	$	1,503	$	6,953	$	4,699	$	1,372	$	6,071
Equity investments with readily determinable values
Publicly traded equity securities	$	54	$	—	$	54	$	45	$	—	$	45
Total equity investments with readily determinable values	$	54	$	—	$	54	$	45	$	—	$	45
Total	$	5,504	$	1,503	$	7,007	$	4,744	$	1,372	$	6,116

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* Amounts as of May 2, 2021 and October 25, 2020, include $108 million and $115 million invested in money market funds related to deferred compensation plans, respectively. 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.