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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Oct. 26, 2025
Oct. 27, 2024
Oct. 29, 2023
Cash flows from operating activities:      
Net income $ 6,998 $ 7,177 $ 6,856
Adjustments required to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 435 392 515
Restructuring charges 179 0 0
Deferred income taxes 639 (633) 24
(Gain) loss and impairments on investments, net (792) (15) (16)
Share-based compensation 668 577 490
Other 31 62 56
Changes in operating assets and liabilities, net of amounts acquired:      
Accounts receivable 49 (69) 903
Inventories (494) 304 207
Other current and non-current assets (119) 287 (48)
Accounts payable and accrued expenses 307 281 (138)
Contract liabilities (283) (126) (167)
Income taxes payable 250 389 (20)
Other liabilities 90 51 38
Cash provided by operating activities 7,958 8,677 8,700
Cash flows from investing activities:      
Capital expenditures (2,260) (1,190) (1,106)
Cash paid for acquisitions, net of cash acquired (29) 0 (25)
Proceeds from asset sale 33 0 0
Proceeds from sales and maturities of investments 5,528 2,451 1,268
Purchases of investments (6,054) (3,588) (1,672)
Cash used in investing activities (2,782) (2,327) (1,535)
Cash flows from financing activities:      
Debt borrowings, net of issuance costs 991 694 0
Debt repayments (700) 0 0
Proceeds from commercial paper 503 401 991
Repayments of commercial paper (502) (400) (900)
Proceeds from common stock issuances 261 243 227
Common stock repurchases (4,895) (3,823) (2,189)
Tax withholding payments for vested equity awards (248) (291) (179)
Payments of dividends to stockholders (1,384) (1,192) (975)
Payments of debt issuance costs (3) 0 0
Repayments of principals on finance leases 0 (102) (7)
Cash used in financing activities (5,977) (4,470) (3,032)
Increase (decrease) in cash, cash equivalents and restricted cash equivalents (801) 1,880 4,133
Cash, cash equivalents and restricted cash equivalents — beginning of period 8,113 6,233 2,100
Cash, cash equivalents and restricted cash equivalents — end of period 7,312 8,113 6,233
Reconciliation of cash, cash equivalents, and restricted cash equivalents      
Cash and cash equivalents 7,241 8,022 6,132
Restricted cash equivalents included in deferred income taxes and other assets 71 91 101
Total cash, cash equivalents, and restricted cash equivalents 7,312 8,113 6,233
Supplemental cash flow information:      
Cash payments for income taxes 1,504 957 1,006
Cash refunds from income taxes 90 15 53
Cash payments for interest $ 239 $ 205 $ 205