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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 31, 2021
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table
Pay Versus Performance
The following disclosure sets forth information concerning the compensation for our principal executive officer (“PEO”) and the average compensation for our other NEOs
(“Non-PEO
NEOs”), as reported in the Summary Compensation Table and with certain adjustments to reflect the “compensation actually paid” to such individuals, and certain financial performance measures, for our three most recently completed fiscal years. This disclosure has been prepared in accordance with Item 402(v) of the Exchange Act.
Pay versus Performance Table
 
 
 
   
Value of Initial Fixed $100
Investment Based on:
     
 
 
Fiscal
Year
(a)
 
Summary
Compensation
Table Total for
PEO
(1)
(b)
   
Compensation
Actually Paid
to PEO
(1)(2)(3)
(c)
   
Average
Summary
Compensation
Table Total for
Non-PEO

NEOs
(1)
(d)
   
Average
Compensation
Actually Paid
to
Non-PEO

NEOs
(1)(2)(4)
(e)
   
Total
Shareholder
Return
(5)
(f)
   
Peer Group
Total
Shareholder
Return
(5)
(g)
   
GAAP
Net
Income
(millions)
(h)
   
Non-GAAP

Adjusted
EPS
(6)
(i)
 
2023
    $26,854,544       $  71,918,135       $6,475,471       $12,376,821       $221.11       $142.27       $6,856       $8.05  
2022
    $20,399,972       ($  22,058,266     $5,953,570       $  1,634,909       $149.67       $105.92       $6,525       $7.70  
2021
    $35,265,559       $144,856,918       $6,675,150       $14,982,610       $226.06       $148.13       $5,888       $6.84  
 
(1)
Mr. Dickerson was our PEO for each year presented. The
Non-PEO
NEOs were: (i) for fiscal 2023, Drs. Raja and Nalamasu and Messrs. Hill and Deane, (ii) for fiscal 2022, Drs. Raja and Nalamasu, Messrs. Hill and Deane, Robert J. Halliday, and Ali Salehpour, and (iii) for fiscal 2021, Drs. Raja and Nalamasu, Messrs. Halliday and Salehpour, and Daniel J. Durn.
 
(2)
The dollar amounts reported represent the amount of “compensation actually paid,” as calculated in accordance with SEC rules. The dollar amounts do not reflect the amounts of compensation actually earned, realized or received by our NEOs during the applicable fiscal year. In accordance with SEC rules, certain adjustments were made to the Summary Compensation Table total compensation to determine the amount of “compensation actually paid,” as shown in notes 3 and 4 to this table.
 
(3)
The following table shows the amounts deducted from and added to the Summary Compensation Table (“SCT”) total compensation to calculate “compensation actually paid” to Mr. Dickerson.
 
Fiscal
Year
 
SCT Total
($)
   
Subtract:

Amounts
Reported as
Stock Awards
in SCT
($)
   
Add:
Year-End

Fair Value
of Equity
Awards
Granted in
the Year
and
Unvested at
Year End
($)
   
Add:
Fair Value
As of the
Vesting
Date of
Equity
Awards
Granted
and
Vested in
the Year
($)
   
Add:
Year over
Year Change
in Fair Value
of Equity
Awards
Granted in
Prior Years
and
Unvested at
Year End
($)
   
Add:
Change As
of the
Vesting
Date (From
End of Prior
Fiscal Year)
in Fair
Value of
Equity
Awards
Granted in
Prior Years
that Vested
in the Year
($)
   
Subtract:
Fair Value
as of Prior
Year-End of

Equity
Awards
Granted in
Prior Years
that Failed
to Meet
Vesting
Conditions
in the Year
($)
   
Add:
Value of
Dividends
or other
Earnings
Paid on
Equity
Awards not
Otherwise
Reflected in
Fair Value
($)
   
Compensation
Actually Paid
($)
 
2023
    26,854,544       23,951,048       34,382,124             29,015,408       5,617,107                   71,918,135  
2022
    20,399,972       17,783,334       11,152,105             (40,108,077     4,281,068                   (22,058,266
2021
    35,265,559       31,710,469       67,242,440             67,802,579       6,256,810                   144,856,918  
 
 
         Executive Compensation
 
(4)
The following table shows the amounts deducted from and added to the average SCT total compensation to calculate the average “compensation actually paid” to our
Non-PEO
NEOs.
 
Fiscal
Year
 
SCT Total
($)
   
Subtract:
Amounts
Reported as
Stock Awards in
SCT
($)
   
Add:
Year-End

Fair Value
of Equity
Awards
Granted in
the Year
and
Unvested at
Year End
($)
   
Add:
Fair Value
As of the
Vesting
Date of
Equity
Awards
Granted
and Vested
in the Year
($)
   
Add:
Year over
Year
Change in
Fair Value
of Equity
Awards
Granted in
Prior Years
and
Unvested at
Year End
($)
   
Add:
Change As
of the
Vesting
Date (From
End of Prior
Fiscal Year)
in Fair
Value of
Equity
Awards
Granted in
Prior Years
that Vested
in the Year
($)
   
Subtract:
Fair Value
as of Prior
Year-End of

Equity
Awards
Granted in
Prior Years
that Failed
to Meet
Vesting
Conditions
in the Year
($)
   
Add:
Value of
Dividends
or other
Earnings
Paid on
Equity
Awards not
Otherwise
Reflected in
Fair Value
($)
   
Compensation
Actually Paid
($)
 
2023
    6,475,471       4,825,590       6,605,428             3,400,246       721,266                   12,376,821  
2022
    5,953,570       4,139,424       2,811,599             (3,525,315     534,479                   1,634,909  
2021
    6,675,150       5,370,836       6,775,456             7,971,327       1,370,968       2,439,455             14,982,610  
 
(5)
Total Shareholder Return for the Company and the Peer Group is based on an initial fixed investment of $100 beginning with the market close on October 23, 2020, the last trading day before fiscal 2021, and is calculated in accordance with SEC rules. The Peer Group TSR set forth in this table reflects the TSR for the PHLX Semiconductor Index, which we also use in the performance graph required by Item 201(e) of Regulation
S-K
under the Exchange Act, and included in our Annual Report on Form
10-K
for the fiscal year ended October 29, 2023.
 
(6)
Non-GAAP
Adjusted Diluted Earnings Per Share is the financial measure that was determined to be the most important financial performance measure linking “compensation actually paid” to our NEOs to company performance for fiscal 2023 and therefore was selected as the fiscal 2023 “Company-Selected Measure” as defined in Item 402(v) of Regulation
S-K
under the Exchange Act. See Appendix A for a reconciliation of
non-GAAP
adjusted EPS.
   
Company Selected Measure Name Adjusted Diluted Earnings Per Share    
Named Executive Officers, Footnote Mr. Dickerson was our PEO for each year presented. The
Non-PEO
NEOs were: (i) for fiscal 2023, Drs. Raja and Nalamasu and Messrs. Hill and Deane, (ii) for fiscal 2022, Drs. Raja and Nalamasu, Messrs. Hill and Deane, Robert J. Halliday, and Ali Salehpour, and (iii) for fiscal 2021, Drs. Raja and Nalamasu, Messrs. Halliday and Salehpour, and Daniel J. Durn.
   
Peer Group Issuers, Footnote Total Shareholder Return for the Company and the Peer Group is based on an initial fixed investment of $100 beginning with the market close on October 23, 2020, the last trading day before fiscal 2021, and is calculated in accordance with SEC rules. The Peer Group TSR set forth in this table reflects the TSR for the PHLX Semiconductor Index, which we also use in the performance graph required by Item 201(e) of Regulation
S-K
under the Exchange Act, and included in our Annual Report on Form
10-K
for the fiscal year ended October 29, 2023.
   
PEO Total Compensation Amount $ 26,854,544 $ 20,399,972 $ 35,265,559
PEO Actually Paid Compensation Amount $ 71,918,135 (22,058,266) 144,856,918
Adjustment To PEO Compensation, Footnote
(3)
The following table shows the amounts deducted from and added to the Summary Compensation Table (“SCT”) total compensation to calculate “compensation actually paid” to Mr. Dickerson.
 
Fiscal
Year
 
SCT Total
($)
   
Subtract:

Amounts
Reported as
Stock Awards
in SCT
($)
   
Add:
Year-End

Fair Value
of Equity
Awards
Granted in
the Year
and
Unvested at
Year End
($)
   
Add:
Fair Value
As of the
Vesting
Date of
Equity
Awards
Granted
and
Vested in
the Year
($)
   
Add:
Year over
Year Change
in Fair Value
of Equity
Awards
Granted in
Prior Years
and
Unvested at
Year End
($)
   
Add:
Change As
of the
Vesting
Date (From
End of Prior
Fiscal Year)
in Fair
Value of
Equity
Awards
Granted in
Prior Years
that Vested
in the Year
($)
   
Subtract:
Fair Value
as of Prior
Year-End of

Equity
Awards
Granted in
Prior Years
that Failed
to Meet
Vesting
Conditions
in the Year
($)
   
Add:
Value of
Dividends
or other
Earnings
Paid on
Equity
Awards not
Otherwise
Reflected in
Fair Value
($)
   
Compensation
Actually Paid
($)
 
2023
    26,854,544       23,951,048       34,382,124             29,015,408       5,617,107                   71,918,135  
2022
    20,399,972       17,783,334       11,152,105             (40,108,077     4,281,068                   (22,058,266
2021
    35,265,559       31,710,469       67,242,440             67,802,579       6,256,810                   144,856,918  
   
Non-PEO NEO Average Total Compensation Amount $ 6,475,471 5,953,570 6,675,150
Non-PEO NEO Average Compensation Actually Paid Amount $ 12,376,821 1,634,909 14,982,610
Adjustment to Non-PEO NEO Compensation Footnote
(4)
The following table shows the amounts deducted from and added to the average SCT total compensation to calculate the average “compensation actually paid” to our
Non-PEO
NEOs.
 
Fiscal
Year
 
SCT Total
($)
   
Subtract:
Amounts
Reported as
Stock Awards in
SCT
($)
   
Add:
Year-End

Fair Value
of Equity
Awards
Granted in
the Year
and
Unvested at
Year End
($)
   
Add:
Fair Value
As of the
Vesting
Date of
Equity
Awards
Granted
and Vested
in the Year
($)
   
Add:
Year over
Year
Change in
Fair Value
of Equity
Awards
Granted in
Prior Years
and
Unvested at
Year End
($)
   
Add:
Change As
of the
Vesting
Date (From
End of Prior
Fiscal Year)
in Fair
Value of
Equity
Awards
Granted in
Prior Years
that Vested
in the Year
($)
   
Subtract:
Fair Value
as of Prior
Year-End of

Equity
Awards
Granted in
Prior Years
that Failed
to Meet
Vesting
Conditions
in the Year
($)
   
Add:
Value of
Dividends
or other
Earnings
Paid on
Equity
Awards not
Otherwise
Reflected in
Fair Value
($)
   
Compensation
Actually Paid
($)
 
2023
    6,475,471       4,825,590       6,605,428             3,400,246       721,266                   12,376,821  
2022
    5,953,570       4,139,424       2,811,599             (3,525,315     534,479                   1,634,909  
2021
    6,675,150       5,370,836       6,775,456             7,971,327       1,370,968       2,439,455             14,982,610  
   
Compensation Actually Paid vs. Total Shareholder Return
 
 
LOGO
   
Compensation Actually Paid vs. Net Income
 
 
LOGO
   
Compensation Actually Paid vs. Company Selected Measure  
LOGO
   
Total Shareholder Return Vs Peer Group  
 
LOGO
   
Tabular List, Table
Financial Performance Measures
The following table lists the financial performance measures that, in the Company’s assessment, represent the most important financial performance measures used to link “compensation actually paid” to the Company’s NEOs to Company performance for fiscal 2023.
 
 
»
 
Non-GAAP
Adjusted EPS
 
 
»
 
Non-GAAP
Adjusted Operating Margin
 
 
»
 
Non-GAAP
Adjusted Gross Margin
 
 
»
 
Relative TSR
   
Total Shareholder Return Amount $ 221.11 149.67 226.06
Peer Group Total Shareholder Return Amount 142.27 105.92 148.13
Net Income (Loss) $ 6,856,000,000 $ 6,525,000,000 $ 5,888,000,000
Company Selected Measure Amount 8.05 7.7 6.84
PEO Name Mr. Dickerson    
Measure:: 1      
Pay vs Performance Disclosure      
Name Non-GAAP Adjusted EPS    
Non-GAAP Measure Description
Non-GAAP
Adjusted Diluted Earnings Per Share is the financial measure that was determined to be the most important financial performance measure linking “compensation actually paid” to our NEOs to company performance for fiscal 2023 and therefore was selected as the fiscal 2023 “Company-Selected Measure” as defined in Item 402(v) of Regulation
S-K
under the Exchange Act. See Appendix A for a reconciliation of
non-GAAP
adjusted EPS.
   
Measure:: 2      
Pay vs Performance Disclosure      
Name Non-GAAP Adjusted Operating Margin    
Measure:: 3      
Pay vs Performance Disclosure      
Name Non-GAAP Adjusted Gross Margin    
Measure:: 4      
Pay vs Performance Disclosure      
Name Relative TSR    
PEO | Amounts Reported as Stock Awards in SCT [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ 23,951,048 $ 17,783,334 $ 31,710,469
PEO | Year End Fair Value of Equity Awards Granted in the Year and Unvested at Year End [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 34,382,124 11,152,105 67,242,440
PEO | Fair Value As of the Vesting Date of Equity Awards Granted and Vested in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0 0 0
PEO | Year over Year Change in Fair Value of Equity Awards Granted in Prior Years and Unvested at Year End [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 29,015,408 (40,108,077) 67,802,579
PEO | Change As of the Vesting Date (From End of Prior Fiscal Year) in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 5,617,107 4,281,068 6,256,810
PEO | Fair Value as of Prior YearEnd of Equity Awards Granted in Prior Years that Failed to Meet Vesting Conditions in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0 0 0
PEO | Value of Dividends or other Earnings Paid on Equity Awards not Otherwise Reflected in Fair Value [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0 0 0
Non-PEO NEO | Amounts Reported as Stock Awards in SCT [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 4,825,590 4,139,424 5,370,836
Non-PEO NEO | Year End Fair Value of Equity Awards Granted in the Year and Unvested at Year End [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 6,605,428 2,811,599 6,775,456
Non-PEO NEO | Fair Value As of the Vesting Date of Equity Awards Granted and Vested in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0 0 0
Non-PEO NEO | Year over Year Change in Fair Value of Equity Awards Granted in Prior Years and Unvested at Year End [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 3,400,246 (3,525,315) 7,971,327
Non-PEO NEO | Change As of the Vesting Date (From End of Prior Fiscal Year) in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 721,266 534,479 1,370,968
Non-PEO NEO | Fair Value as of Prior YearEnd of Equity Awards Granted in Prior Years that Failed to Meet Vesting Conditions in the Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0 0 2,439,455
Non-PEO NEO | Value of Dividends or other Earnings Paid on Equity Awards not Otherwise Reflected in Fair Value [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ 0 $ 0 $ 0