Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 02, 2022

Accumulated Other Comprehensive Income (Loss) [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The components of accumulated other comprehensive income (loss) and activity, net of related taxes, for fiscal 2022 were as follows:

(in millions)	December 3, 2021		Increase / Decrease		Reclassification Adjustments			December 2, 2022
Net unrealized gains / losses on available-for-sale securities	$	(2)	$	(39)	$	—	(1)	$	(41)
Net unrealized gains / losses on derivative instruments designated as hedging instruments	29		139		(151)		(2)	17
Cumulative foreign currency translation adjustments	(164)		(105)		—			(269)
Total accumulated other comprehensive income (loss), net of taxes	$	(137)	$	(5)	$	(151)		$	(293)

_________________________________________

(1)    Reclassification adjustments for gains / losses on available-for-sale securities are classified in other income (expense), net.

(2)Reclassification adjustments for gains / losses on foreign currency hedges are classified in revenue and reclassification adjustments for gains / losses on Treasury lock hedges are classified in interest expense.

Taxes related to each component of other comprehensive income (loss) were immaterial for the fiscal years presented.