Fair Value Measurements (Tables)

12 Months Ended

Oct. 30, 2022

Fair Value Disclosures [Abstract]

Financial assets/liabilities measured at fair value on a recurring basis

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

 

	October 30, 2022						October 31, 2021
	Level 1		Level 2		Total		Level 1		Level 2		Total
	(In millions)
Assets:
Available-for-sale debt security investments
Money market funds*	$	765	$	—	$	765	$	3,662	$	—	$	3,662
Bank certificate of deposit	—		7		7		—		—		—
U.S. Treasury and agency securities	404		22		426		296		18		314
Non-U.S. government securities	—		6		6		—		5		5
Municipal securities	—		386		386		—		391		391
Commercial paper, corporate bonds and medium-term notes	—		693		693		—		597		597
Asset-backed and mortgage-backed securities	—		413		413		—		557		557
Total available-for-sale debt security investments	$	1,169	$	1,527	$	2,696	$	3,958	$	1,568	$	5,526
Equity investments with readily determinable values
Publicly traded equity securities	$	122	$	—	$	122	$	58	$	—	$	58
Total equity investments with readily determinable values	$	122	$	—	$	122	$	58	$	—	$	58
Total	$	1,291	$	1,527	$	2,818	$	4,016	$	1,568	$	5,584

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* Amounts as of October 30, 2022 and October 31, 2021 include $105 million and $106 million, respectively, invested in money market funds related to deferred compensation plans. 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.