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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Oct. 26, 2025
Oct. 27, 2024
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” for such individuals, and certain financial performance measures, for our five 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
Economic
Profit
(millions)
(6)
(i)
 
2025
       $29,649,352          $ 86,971,543        $7,592,586          $16,250,055          $392.09          $313.53          $6,998          $4,243  
2024
       $27,799,212          $ 86,080,922        $7,005,299          $15,831,603          $316.48          $232.14          $7,177          $4,263  
2023
       $26,854,544          $ 71,918,135        $6,479,873          $12,381,202          $221.11          $142.27          $6,856          $4,277  
2022
       $20,399,972          ($ 22,058,266      $5,955,804          $ 1,637,143          $149.67          $105.92          $6,525          $4,866  
2021
       $35,265,559          $144,856,918        $6,677,994          $14,985,454          $226.06          $148.13          $5,888          $4,249  
 
(1)
Mr. Dickerson was our PEO for each year presented. The
Non-PEO
NEOs were: (i) for fiscal 2025, 2024 and 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” for 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
($)
 
2025
       29,649,352          26,944,995          54,315,267                   23,868,740        6,083,180                            86,971,543  
2024
       27,799,212          24,861,142          38,274,775                   36,063,347        8,804,730                            86,080,922  
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  
(4)
The following table shows the amounts deducted from and added to the average SCT total compensation to calculate the average “compensation actually paid” for 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
($)
 
2025
      
7,592,586
        
5,914,251
        
10,676,546
                  4,049,391        (154,216                        16,250,055  
2024
       7,005,299          5,213,113          7,590,982                   4,862,165        1,586,270                          15,831,603  
2023
       6,479,873          4,825,611          6,605,428                   3,400,246        721,266                          12,381,202  
2022
       5,955,804          4,139,424          2,811,599                   (3,525,315      534,479                          1,637,143  
2021
       6,677,994          5,370,836          6,775,456                   7,971,327        1,370,968        2,439,455                   14,985,454  
 
(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 26, 2025.
 
(6)
Non-GAAP
Economic Profit is the financial measure that was determined to be the most important financial performance measure linking “compensation actually paid” for our NEOs to company performance for fiscal 2025 and therefore was selected as the fiscal 2025 “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
Economic Profit. This reflects the Committee’s decision to use
non-GAAP
Economic Profit as the financial measure for the fiscal 2025 PSUs and as one of the objectives on the fiscal 2025 bonus scorecard.
       
Company Selected Measure Name Economic Profit        
Named Executive Officers, Footnote Mr. Dickerson was our PEO for each year presented. The
Non-PEO
NEOs were: (i) for fiscal 2025, 2024 and 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 26, 2025.
       
PEO Total Compensation Amount $ 29,649,352 $ 27,799,212 $ 26,854,544 $ 20,399,972 $ 35,265,559
PEO Actually Paid Compensation Amount $ 86,971,543 86,080,922 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” for 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
($)
 
2025
       29,649,352          26,944,995          54,315,267                   23,868,740        6,083,180                            86,971,543  
2024
       27,799,212          24,861,142          38,274,775                   36,063,347        8,804,730                            86,080,922  
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 $ 7,592,586 7,005,299 6,479,873 5,955,804 6,677,994
Non-PEO NEO Average Compensation Actually Paid Amount $ 16,250,055 15,831,603 12,381,202 1,637,143 14,985,454
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” for 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
($)
 
2025
      
7,592,586
        
5,914,251
        
10,676,546
                  4,049,391        (154,216                        16,250,055  
2024
       7,005,299          5,213,113          7,590,982                   4,862,165        1,586,270                          15,831,603  
2023
       6,479,873          4,825,611          6,605,428                   3,400,246        721,266                          12,381,202  
2022
       5,955,804          4,139,424          2,811,599                   (3,525,315      534,479                          1,637,143  
2021
       6,677,994          5,370,836          6,775,456                   7,971,327        1,370,968        2,439,455                   14,985,454  
       
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” for the Company’s NEOs to Company performance for fiscal 2025.
 
 
»
 
Non-GAAP
Economic Profit
 
 
»
 
Non-GAAP
EPS
 
 
»
 
Non-GAAP
Operating Margin
 
 
»
 
Non-GAAP
Gross Margin
 
 
»
 
Relative TSR
       
Total Shareholder Return Amount $ 392.09 316.48 221.11 149.67 226.06
Peer Group Total Shareholder Return Amount 313.53 232.14 142.27 105.92 148.13
Net Income (Loss) $ 6,998,000,000 $ 7,177,000,000 $ 6,856,000,000 $ 6,525,000,000 $ 5,888,000,000
Company Selected Measure Amount 4,243,000,000 4,263,000,000 4,277,000,000 4,866,000,000 4,249,000,000
PEO Name Mr. Dickerson        
Measure:: 1          
Pay vs Performance Disclosure          
Name Non-GAAP Economic Profit        
Non-GAAP Measure Description
Non-GAAP
Economic Profit is the financial measure that was determined to be the most important financial performance measure linking “compensation actually paid” for our NEOs to company performance for fiscal 2025 and therefore was selected as the fiscal 2025 “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
Economic Profit. This reflects the Committee’s decision to use
non-GAAP
Economic Profit as the financial measure for the fiscal 2025 PSUs and as one of the objectives on the fiscal 2025 bonus scorecard.
       
Measure:: 2          
Pay vs Performance Disclosure          
Name Non-GAAP EPS        
Measure:: 3          
Pay vs Performance Disclosure          
Name Non-GAAP Operating Margin        
Measure:: 4          
Pay vs Performance Disclosure          
Name Non-GAAP Gross Margin        
Measure:: 5          
Pay vs Performance Disclosure          
Name Relative TSR        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (26,944,995) $ (24,861,142) $ (23,951,048) $ (17,783,334) $ (31,710,469)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 54,315,267 38,274,775 34,382,124 11,152,105 67,242,440
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 23,868,740 36,063,347 29,015,408 (40,108,077) 67,802,579
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 6,083,180 8,804,730 5,617,107 4,281,068 6,256,810
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (5,914,251) (5,213,113) (4,825,611) (4,139,424) (5,370,836)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 10,676,546 7,590,982 6,605,428 2,811,599 6,775,456
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,049,391 4,862,165 3,400,246 (3,525,315) 7,971,327
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (154,216) 1,586,270 721,266 534,479 1,370,968
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 (2,439,455)
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ 0 $ 0