Leases (Tables)

6 Months Ended

May 01, 2022

Leases [Abstract]

Lease expense

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

	Three Months Ended		Six Months Ended
	May 1, 2022	May 2, 2021	May 1, 2022	May 2, 2021
	(In millions, except percentages)
Operating lease cost	$22	$19	$43	$38
Weighted-average remaining lease term (in years)			6.4	4.8
Weighted-average discount rate			2.8%	1.7%

Supplemental cash flow information related to leases are as follows:

	Six Months Ended
	May 1, 2022		May 2, 2021
	(In millions)
Operating cash flows paid for operating leases	$	43	$	39
Right-of-use assets obtained in exchange for operating lease liabilities	$	139	$	14

Operating lease, maturities of lease liabilities

As of May 1, 2022, the maturities of lease liabilities are as follows: 

	Operating Leases
Fiscal	(In millions)
2022 (remaining 6 months)	$	46
2023	90
2024	80
2025	64
2026	33
Thereafter	128
Total lease payments	$	441
Less imputed interest	(46)
Total	$	395