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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 31, 2021
Cash flows from operating activities:      
Net income $ 6,856 $ 6,525 $ 5,888
Adjustments required to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 515 444 394
Severance and related charges 0 (4) 148
Deferred income taxes 24 (223) 80
Other 40 36 (70)
Share-based compensation 490 413 346
Changes in operating assets and liabilities, net of amounts acquired:      
Accounts receivable 903 (1,109) (1,989)
Inventories 207 (1,590) (405)
Other current and non-current assets (48) (16) (602)
Accounts payable and accrued expenses (138) 390 465
Contract liabilities (167) 1,039 755
Income taxes payable (20) (541) 396
Other liabilities 38 35 36
Cash provided by operating activities 8,700 5,399 5,442
Cash flows from investing activities:      
Capital expenditures (1,106) (787) (668)
Cash paid for acquisitions, net of cash acquired (25) (441) (12)
Proceeds from sales and maturities of investments 1,268 1,363 1,471
Purchases of investments (1,672) (1,492) (2,007)
Cash used in investing activities (1,535) (1,357) (1,216)
Cash flows from financing activities:      
Proceeds from commercial paper 991 0 0
Repayments of commercial paper (900) 0 0
Proceeds from common stock issuances 227 199 175
Common stock repurchases (2,189) (6,103) (3,750)
Tax withholding payments for vested equity awards (179) (266) (178)
Payments of dividends to stockholders (975) (873) (838)
Repayments of principals on finance leases (7) 0 0
Cash used in financing activities (3,032) (7,043) (4,591)
Increase (decrease) in cash, cash equivalents and restricted cash equivalents 4,133 (3,001) (365)
Cash, cash equivalents and restricted cash equivalents — beginning of period 2,100 5,101 5,466
Cash, cash equivalents and restricted cash equivalents — end of period 6,233 2,100 5,101
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]      
Cash and cash equivalents 6,132 1,995 4,995
Restricted cash equivalents included in deferred income taxes and other assets 101 105 106
Total cash, cash equivalents, and restricted cash equivalents 6,233 2,100 5,101
Supplemental cash flow information:      
Cash payments for income taxes 1,006 1,869 851
Cash refunds from income taxes 53 156 27
Cash payments for interest $ 205 $ 205 $ 205