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Income Taxes (Tables)
 12 Months Ended
Oct. 26, 2025
Income Tax Disclosure [Abstract]  
Components of income from operations before income taxes
The components of income before income taxes for each fiscal year were as follows:
 
202520242023
 (In millions)
U.S.$56 $833 $1,234 
Foreign9,215 7,319 6,482 
Total$9,271 $8,152 $7,716 
Components of the provision for income taxes
The components of the provision for income taxes for each fiscal year were as follows:
202520242023
 (In millions)
Current:
U.S.$675 $1,254 $708 
Foreign411 366 456 
State34 33 54 
1,120 1,653 1,218 
Deferred:
U.S.382 (697)(255)
Foreign788 30 (61)
State(17)(11)(42)
1,153 (678)(358)
Total$2,273 $975 $860 
Effective income tax rate reconciliation
A reconciliation between the statutory U.S. federal income tax rate and our actual effective income tax rate for each fiscal year is presented below:
 
202520242023
Tax provision at U.S. statutory rate21.0 %21.0 %21.0 %
Effect of foreign operations taxed at various rates(7.3)(7.6)(8.2)
Changes in prior years’ unrecognized tax benefits
— — (0.2)
Resolutions of prior years’ income tax filings
0.2 (0.1)(0.1)
Research and other tax credits(1.3)(1.4)(1.6)
Remeasurement of deferred tax assets in Singapore7.1 — — 
Valuation allowance on corporate alternative minimum tax credits4.4 — — 
Other0.4 0.1 0.2 
Total24.5 %12.0 %11.1 %
Components of deferred income tax assets and liabilities The components of deferred income tax assets and liabilities were as follows: 
October 26,
2025		October 27,
2024
 (In millions)
Deferred tax assets:
Corporate Alternative Minimum Tax$407 $410 
Capitalized R&D expenses295 217 
Allowance for doubtful accounts3 4 
Inventory reserves and basis difference145 127 
Installation and warranty reserves42 70 
Intangible assets225 977 
Accrued liabilities29 24 
Deferred revenue61 72 
Tax credits677 592 
Deferred compensation265 261 
Share-based compensation34 44 
Property, plant and equipment192 101 
Lease liability104 72 
Other50 79 
Gross deferred tax assets2,529 3,050 
Valuation allowance(1,049)(569)
Total deferred tax assets1,480 2,481 
Deferred tax liabilities:
Right of use assets(105)(76)
Undistributed foreign earnings(26)(23)
Investments(133)— 
Total deferred tax liabilities(264)(99)
Net deferred tax assets$1,216 $2,382 
Summary of valuation allowance Changes in the valuation allowance in each fiscal year were as follows:
202520242023
(In millions)
Beginning balance$569 $530 $460 
Increases480 39 70 
Ending balance$1,049 $569 $530 
Reconciliation of gross unrecognized tax benefits A reconciliation of the beginning and ending balances of gross unrecognized tax benefits in each fiscal year is as follows: 
202520242023
 (In millions)
Beginning balance of gross unrecognized tax benefits$544 $510 $498 
Lapses of statutes of limitation(82)— — 
Increases in tax positions for current year26 25 28 
Increases in tax positions for prior years— 13 — 
Decreases in tax positions for prior years(1)(4)(16)
Ending balance of gross unrecognized tax benefits$487 $544 $510