Goodwill and Intangible Assets (Tables)

12 Months Ended

Oct. 29, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Details of goodwill as of October 29, 2023 and October 30, 2022 were as follows:

	October 29, 2023		October 30, 2022
	(In millions)
Goodwill by reportable segment
Semiconductor Systems	$	2,460	$	2,428
Applied Global Services	1,032		1,032
Display and Adjacent Markets	199		199
Corporate and Other	41		41
	$	3,732	$	3,700

Schedule of Finite-lived Intangible Assets

Details of intangible assets other than goodwill were as follows:

 

	October 29, 2023						October 30, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(In millions)
Intangible assets with finite lives:
Semiconductor Systems Group	$	2,001	$	(1,714)	$	287	$	1,985	$	(1,675)	$	310
Applied Global Services	79		(78)		1		79		(77)		2
Display and Adjacent Markets	194		(194)		—		194		(194)		—
Corporate & Other	36		(30)		6		36		(26)		10
Total intangible assets with finite lives	$	2,310	$	(2,016)	$	294	$	2,294	$	(1,972)	$	322
Intangible assets with infinite lives:
Semiconductor Systems Group	$	—	$	—	$	—	$	16	$	—	$	16
Corporate & Other	—		—		—		1		—		1
Total intangible assets with infinite lives	$	—	$	—	$	—	$	17	$	—	$	17
Total intangible assets	$	2,310	$	(2,016)	$	294	$	2,311	$	(1,972)	$	339

Schedule of Indefinite-Lived Intangible Assets

Details of intangible assets other than goodwill were as follows:

 

	October 29, 2023						October 30, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(In millions)
Intangible assets with finite lives:
Semiconductor Systems Group	$	2,001	$	(1,714)	$	287	$	1,985	$	(1,675)	$	310
Applied Global Services	79		(78)		1		79		(77)		2
Display and Adjacent Markets	194		(194)		—		194		(194)		—
Corporate & Other	36		(30)		6		36		(26)		10
Total intangible assets with finite lives	$	2,310	$	(2,016)	$	294	$	2,294	$	(1,972)	$	322
Intangible assets with infinite lives:
Semiconductor Systems Group	$	—	$	—	$	—	$	16	$	—	$	16
Corporate & Other	—		—		—		1		—		1
Total intangible assets with infinite lives	$	—	$	—	$	—	$	17	$	—	$	17
Total intangible assets	$	2,310	$	(2,016)	$	294	$	2,311	$	(1,972)	$	339

Future Estimated Amortization Expense

As of October 29, 2023, future estimated amortization expense of intangible assets with finite lives is expected to be as follows: 

	Amortization Expense
	(In millions)
2024	$	43
2025	41
2026	39
2027	26
2028	23
Thereafter	122
Total	$	294