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Consolidated Condensed Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
May 01, 2022
May 02, 2021
May 01, 2022
May 02, 2021
Income Statement [Abstract]        
Net sales $ 6,245 $ 5,582 $ 12,516 $ 10,744
Cost of products sold 3,318 2,929 6,630 5,742
Gross profit 2,927 2,653 5,886 5,002
Operating expenses:        
Research, development and engineering 686 617 1,340 1,223
Marketing and selling 173 148 340 295
General and administrative 174 149 340 310
Severance and related charges 0 6 (4) 158
Deal termination fee 0 154 0 154
Total operating expenses 1,033 1,074 2,016 2,140
Income from operations 1,894 1,579 3,870 2,862
Interest expense 58 61 115 122
Interest and other income, net 28 27 34 45
Income before income taxes 1,864 1,545 3,789 2,785
Provision for income taxes 328 215 461 325
Net income $ 1,536 $ 1,330 $ 3,328 $ 2,460
Earnings per share:        
Basic (in dollars per share) $ 1.75 $ 1.45 $ 3.77 $ 2.68
Diluted (in dollars per share) $ 1.74 $ 1.43 $ 3.74 $ 2.66
Weighted average number of shares:        
Basic (in shares) 878 918 883 917
Diluted (in shares) 883 927 890 926