Leases (Tables)

9 Months Ended

Jul. 28, 2024

Leases [Abstract]

Schedule of Lease Expense

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

	Three Months Ended				Nine Months Ended
	July 28, 2024		July 30, 2023		July 28, 2024		July 30, 2023
	(In millions, except percentages)
Operating lease cost	$	27	$	25	$	81	$	78
Finance lease cost:
Amortization of right-of-use assets	$	1	$	—	$	2	$	1
Interest on lease liabilities	$	1	$	1	$	3	$	2
Weighted-average remaining lease term (in years) - operating leases					5.5		5.8
Weighted-average remaining lease term (in years) - finance leases					0.2		1.1
Weighted-average discount rate - operating leases					3.2%		2.9%
Weighted-average discount rate - finance leases					4.6%		4.6%

Supplemental cash flow information related to leases are as follows:

	Nine Months Ended
	July 28, 2024		July 30, 2023
	(In millions)
Operating cash flows paid for operating leases	$	80	$	89
Operating cash flows paid for finance leases	$	3	$	2
Financing cash flows paid for finance leases	$	12	$	8
Right-of-use assets obtained in exchange for operating lease liabilities	$	73	$	83
Right-of-use assets obtained in exchange for finance lease liabilities	$	—	$	109

Schedule of Operating Lease, Maturities of Lease Liabilities

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

	Operating Leases		Finance Leases
Fiscal	(In millions)
2024 (remaining 3 months)	$	21	$	90
2025	96		—
2026	60		—
2027	47		—
2028	39		—
Thereafter	93		—
Total lease payments	$	356	$	90
Less imputed interest	(31)		(1)
Total	$	325	$	89

Schedule of Finance Lease Maturities

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

	Operating Leases		Finance Leases
Fiscal	(In millions)
2024 (remaining 3 months)	$	21	$	90
2025	96		—
2026	60		—
2027	47		—
2028	39		—
Thereafter	93		—
Total lease payments	$	356	$	90
Less imputed interest	(31)		(1)
Total	$	325	$	89