Fair Value Measurements (Tables)

9 Months Ended

Jul. 30, 2023

Schedule of 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:


	July 30, 2023				October 30, 2022
	Level 1		Level 2		Total		Level 1		Level 2		Total

	(In millions)
Assets:
Available-for-sale debt security investments
Money market funds*	$	3,633	$	—	$	3,633	$	765	$	—	$	765
Bank certificates of deposit and time deposits	—		9		9		—		7		7
U.S. Treasury and agency securities	353		49		402		404		22		426
Non-U.S. government securities	—		6		6		—		6		6
Municipal securities	—		427		427		—		386		386
Commercial paper, corporate bonds and medium-term notes	—		1,682		1,682		—		693		693
Asset-backed and mortgage-backed securities	—		434		434		—		413		413
Total available-for-sale debt security investments	$	3,986	$	2,607	$	6,593	$	1,169	$	1,527	$	2,696
Equity investments with readily determinable values

Publicly traded equity securities	$	117	$	—	$	117	$	122	$	—	$	122
Total equity investments with readily determinable values	$	117	$	—	$	117	$	122	$	—	$	122
Total	$	4,103	$	2,607	$	6,710	$	1,291	$	1,527	$	2,818

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*Amounts as of July 30, 2023 and October 30, 2022 include $108 million and $105 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.