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Stockholders' Equity, Comprehensive Income and Share-Based Compensation (Tables)
 12 Months Ended
Oct. 26, 2025
Equity [Abstract]  
Schedule of Components of Accumulated Other Comprehensive Income (Loss), After-Tax Basis
Changes in the components of accumulated other comprehensive income (loss) (AOCI), net of tax, were as follows:
Unrealized Gain (Loss) on Investments, NetUnrealized Gain (Loss) on Derivative Instruments Qualifying as Cash Flow HedgesDefined and Postretirement Benefit PlansCumulative Translation AdjustmentsTotal
(In millions)
Balance at October 30, 2022
$(75)$(52)$(88)$13 (202)
Other comprehensive income (loss) before reclassifications16 (44)17 — (11)
Amounts reclassified out of AOCI9 (22)9 — (4)
Other comprehensive income (loss), net of tax25 (66)26 — (15)
Balance at October 29, 2023
$(50)$(118)$(62)$13 $(217)
Other comprehensive income (loss) before reclassifications34 28 — — 62 
Amounts reclassified out of AOCI9 3 (25)— (13)
Other comprehensive income, net of tax43 31 (25)— 49 
Balance at October 27, 2024
$(7)$(87)$(87)$13 $(168)
Other comprehensive income (loss) before reclassifications17 58 — — 75 
Amounts reclassified out of AOCI1 (5)(13)— (17)
Other comprehensive income (loss), net of tax18 53 (13)— 58 
Balance at October 26, 2025
$11 $(34)$(100)$13 $(110)
Schedule of Stock Repurchases
The following table summarizes our stock repurchases, including and excluding excise tax, for each fiscal year:
202520242023
 (In millions, except per share amounts)
Shares of common stock repurchased30 20 18 
Cost of stock repurchased (including excise tax)*$4,893 $3,851 $2,202 
Average price paid per share (including excise tax)*$162.85 $190.27 $123.63 
Cost of stock repurchased (excluding excise tax)$4,853 $3,823 $2,189 
Average price paid per share (excluding excise tax)$161.54 $188.87 $122.89 
(*) Stock repurchase amounts include the 1% surcharge on stock repurchases under the Inflation Reduction Act’s excise tax. This excise tax is recorded in equity and reduces the amount available under the repurchase program, as applicable.
Schedule of Effect of Share-Based Compensation on the Results of Operations The effect of share-based compensation on the results of operations and the related tax benefits for each fiscal year were as follows:
 
202520242023
 (In millions)
Cost of products sold$158 $134 $180 
Research, development, and engineering259 219 179 
Marketing and selling85 72 55 
General and administrative166 152 76 
Restructuring charges*
(8)— — 
Total share-based compensation$660 $577 $490 
Income tax benefits recognized$80 $73 $63 
(*) Amount related to modification of share-based awards associated with the Fiscal 2025 Restructuring Plan.
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions
The following tables summarize the assumptions used for the valuation of share-based awards for the periods presented:
202520242023
Service-Based Awards and the portion of Performance-Based Awards subject to performance goals:
Grant date market value
$138.24 - $223.91
$148.39 - $241.26
$104.22 - $143.97
Risk-free interest rate
3.56% - 4.52%
3.48% - 5.37%
3.64% - 5.48%
Dividend yield
1.18% - 3.48%
0.72% - 2.62%
0.70% - 3.59%
Fair value
$134.61 - $220.09
 $144.79 - $237.94
 $102.09 - $141.33
202520242023
Portion of Performance-Based Awards subject to market goals:
Grant date market value
$169.08
$148.39 - $173.89
$109.37
Risk-free interest rate
4.10%
4.24% - 4.30%
4.10%
Dividend yield
0.95%
0.74% - 0.86%
0.95%
Expected volatility
42.65%
40.99% - 43.35%
52.38%
Fair value
$183.40
$195.32 - $249.37
$162.72
Schedule of Changes in Restricted Stock Units, Restricted Stock, Performance Shares and Performance Units
A summary of the changes in restricted stock units, restricted stock, performance share units and performance units outstanding under our equity compensation plans during fiscal 2025 is presented below:
SharesWeighted
Average
Grant Date
Fair Value		Weighted
Average
Remaining
Contractual Term		Aggregate Intrinsic Value
 (In millions, except per share amounts)
Non-vested restricted stock units, restricted stock, performance share units and performance units at October 27, 2024
10 $129.31 
Granted5 $165.66 
Vested(5)$126.15 
Canceled(1)$139.50 
Non-vested restricted stock units, restricted stock, performance share units and performance units at October 26, 2025
9 $148.43 2.3 years$2,086 
Non-vested restricted stock units, restricted stock, performance share units and performance units expected to vest9 $148.23 2.2 years$2,029 
A summary of the weighted-average grant date fair value per share of the granted restricted stock units, restricted stock, performance share units and performance units and total fair value vested awards for indicated periods is presented below:
202520242023
(In millions, except per share amounts)
Weighted average grant date fair value per share of awards granted$165.66 $149.20 $104.00 
Total fair value of vested awards$647 $527 $367 
Schedule of Employee Stock Purchase Plan Underlying assumptions used in the model are outlined in the following table:
 
202520242023
ESPP:
Dividend yield1.19 %0.82 %0.98 %
Expected volatility42.0 %40.1 %39.4 %
Risk-free interest rate4.13 %5.03 %5.29 %
Expected life (in years)0.50.50.5
Weighted average estimated fair value$42.04$52.31$35.31