Leases (Tables)

6 Months Ended

Apr. 28, 2024

Leases [Abstract]

Schedule of Lease Expense

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

	Three Months Ended				Six Months Ended
	April 28, 2024		April 30, 2023		April 28, 2024		April 30, 2023
	(In millions, except percentages)
Operating lease cost	$	27	$	39	$	54	$	65
Finance lease cost:
Amortization of right-of-use assets	$	—	$	1	$	1	$	1
Interest on lease liabilities	$	1	$	1	$	2	$	1
Weighted-average remaining lease term (in years) - operating leases					5.8		6.1
Weighted-average remaining lease term (in years) - finance leases					0.4		1.4
Weighted-average discount rate - operating leases					3.2%		2.7%
Weighted-average discount rate - finance leases					4.6%		4.6%

Supplemental cash flow information related to leases are as follows:

	Six Months Ended
	April 28, 2024		April 30, 2023
	(In millions)
Operating cash flows paid for operating leases	$	53	$	65
Operating cash flows paid for finance leases	$	2	$	1
Financing cash flows paid for finance leases	$	13	$	9
Right-of-use assets obtained in exchange for operating lease liabilities	$	58	$	50
Right-of-use assets obtained in exchange for finance lease liabilities	$	—	$	109

Schedule of Operating Lease, Maturities of Lease Liabilities

As of April 28, 2024, the maturities of lease liabilities are as follows: 

	Operating Leases		Finance Leases
Fiscal	(In millions)
2024 (remaining 6 months)	$	47	$	91
2025	93		—
2026	58		—
2027	46		—
2028	38		—
Thereafter	101		—
Total lease payments	$	383	$	91
Less imputed interest	(36)		(2)
Total	$	347	$	89

Schedule of Finance Lease Maturities

As of April 28, 2024, the maturities of lease liabilities are as follows: 

	Operating Leases		Finance Leases
Fiscal	(In millions)
2024 (remaining 6 months)	$	47	$	91
2025	93		—
2026	58		—
2027	46		—
2028	38		—
Thereafter	101		—
Total lease payments	$	383	$	91
Less imputed interest	(36)		(2)
Total	$	347	$	89