XML 18 R3.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Oct. 30, 2022
Oct. 31, 2021
Oct. 25, 2020
Income Statement [Abstract]      
Net sales $ 25,785 $ 23,063 $ 17,202
Cost of products sold 13,792 12,149 9,510
Gross profit 11,993 10,914 7,692
Operating expenses:      
Research, development and engineering 2,771 2,485 2,234
Marketing and selling 703 609 526
General and administrative 735 620 567
Severance and related charges (4) 157 0
Deal termination fee 0 154 0
Total operating expenses 4,205 4,025 3,327
Income from operations 7,788 6,889 4,365
Interest expense 228 236 240
Interest and other income, net 39 118 41
Income before income taxes 7,599 6,771 4,166
Provision for income taxes 1,074 883 547
Net income $ 6,525 $ 5,888 $ 3,619
Earnings per share:      
Basic (in dollars per share) $ 7.49 $ 6.47 $ 3.95
Diluted (in dollars per share) $ 7.44 $ 6.40 $ 3.92
Weighted average number of shares:      
Basic (in shares) 871 910 916
Diluted (in shares) 877 919 923