XML 27 R9.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Oct. 27, 2024
Oct. 29, 2023
Oct. 30, 2022
Cash flows from operating activities:      
Net income $ 7,177 $ 6,856 $ 6,525
Adjustments required to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 392 515 444
Severance and related charges 0 0 (4)
Deferred income taxes (633) 24 (223)
Share-based compensation 577 490 413
Other 47 40 36
Changes in operating assets and liabilities, net of amounts acquired:      
Accounts receivable (69) 903 (1,109)
Inventories 304 207 (1,590)
Other current and non-current assets 287 (48) (16)
Accounts payable and accrued expenses 281 (138) 390
Contract liabilities (126) (167) 1,039
Income taxes payable 389 (20) (541)
Other liabilities 51 38 35
Cash provided by operating activities 8,677 8,700 5,399
Cash flows from investing activities:      
Capital expenditures (1,190) (1,106) (787)
Cash paid for acquisitions, net of cash acquired 0 (25) (441)
Proceeds from sales and maturities of investments 2,451 1,268 1,363
Purchases of investments (3,588) (1,672) (1,492)
Cash used in investing activities (2,327) (1,535) (1,357)
Cash flows from financing activities:      
Debt borrowings, net of issuance costs 694 0 0
Proceeds from commercial paper 401 991 0
Repayments of commercial paper (400) (900) 0
Proceeds from common stock issuances 243 227 199
Common stock repurchases (3,823) (2,189) (6,103)
Tax withholding payments for vested equity awards (291) (179) (266)
Payments of dividends to stockholders (1,192) (975) (873)
Repayments of principals on finance leases (102) (7) 0
Cash used in financing activities (4,470) (3,032) (7,043)
Increase (decrease) in cash, cash equivalents and restricted cash equivalents 1,880 4,133 (3,001)
Cash, cash equivalents and restricted cash equivalents — beginning of period 6,233 2,100 5,101
Cash, cash equivalents and restricted cash equivalents — end of period 8,113 6,233 2,100
Reconciliation of cash, cash equivalents, and restricted cash equivalents      
Cash and cash equivalents 8,022 6,132 1,995
Restricted cash equivalents included in deferred income taxes and other assets 91 101 105
Total cash, cash equivalents, and restricted cash equivalents 8,113 6,233 2,100
Supplemental cash flow information:      
Cash payments for income taxes 957 1,006 1,869
Cash refunds from income taxes 15 53 156
Cash payments for interest $ 205 $ 205 $ 205