Leases (Tables)

12 Months Ended

Oct. 29, 2023

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


	2023			2022			2021
	(In millions, except percentage)
Operating lease cost	$	102		$	93		$	79
Finance lease cost:
Amortization of right-of-use assets	$	2		$	—		$	—
Interest on lease liabilities	$	3		$	—		$	—
Weighted-average remaining lease term (in years) - operating leases	5.7			6.3			5.1
Weighted-average remaining lease term (in years) - finance leases	0.9			n/a			n/a
Weighted-average discount rate - operating leases	3.1		%	2.5		%	1.7		%
Weighted-average discount rate - finance leases	4.6		%	n/a			n/a

Supplemental cash flow information related to leases are as follows:


	2023		2022		2021
	(In millions)
Operating cash flows paid for operating leases	$	112	$	107	$	79
Operating cash flows paid for finance leases	$	3	$	—	$	—
Financing cash flows paid for finance leases	$	7	$	—	$	—
Right-of-use assets obtained in exchange for operating lease liabilities	$	106	$	204	$	123
Right-of-use assets obtained in exchange for finance lease liabilities	$	109	$	—	$	—

As of October 29, 2023, the maturities of lease liabilities are as follows:

As of October 29, 2023, the maturities of lease liabilities are as follows: