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Fair Value Measurements
 9 Months Ended
Aug. 30, 2024
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS FAIR VALUE MEASUREMENTS
Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis
The fair value of our financial assets and liabilities at August 30, 2024 was determined using the following inputs:
(in millions)Fair Value Measurements at Reporting Date Using
  Quoted Prices
in Active
Markets for
Identical Assets		Significant
Other
Observable
Inputs		Significant
Unobservable
Inputs
 Total(Level 1)(Level 2)(Level 3)
Assets:    
Cash equivalents:    
Money market funds$6,622 $6,622 $— $— 
Short-term investments:
Asset-backed securities6 — 6 — 
Corporate debt securities145 — 145 — 
U.S. agency securities13 — 13 — 
U.S. Treasury securities158 — 158 — 
Prepaid expenses and other current assets:   
Foreign currency derivatives9 — 9 — 
Other assets: 
Deferred compensation plan assets266 266 — — 
Foreign currency derivatives1 — 1 — 
Total assets$7,220 $6,888 $332 $— 
Liabilities:    
Accrued expenses:    
Foreign currency derivatives$42 $— $42 $— 
Other liabilities:
Foreign currency derivatives9 — 9 — 
Total liabilities$51 $— $51 $— 
The fair value of our financial assets and liabilities at December 1, 2023 was determined using the following inputs:
(in millions)Fair Value Measurements at Reporting Date Using
  Quoted Prices
in Active
Markets for
Identical Assets		Significant
Other
Observable
Inputs		Significant
Unobservable
Inputs
 Total(Level 1)(Level 2)(Level 3)
Assets:    
Cash equivalents:    
Money market funds $6,498 $6,498 $— $— 
Time deposits25 25 — — 
Short-term investments: 
Asset-backed securities15 — 15 — 
Corporate debt securities434 — 434 — 
U.S. agency securities12 — 12 — 
U.S. Treasury securities 240 — 240 — 
Prepaid expenses and other current assets:    
Foreign currency derivatives52 — 52 — 
Other assets:    
Deferred compensation plan assets206 206 — — 
Total assets$7,482 $6,729 $753 $— 
Liabilities:    
Accrued expenses:    
Foreign currency derivatives$4 $— $4 $— 
Our fixed income available-for-sale debt securities consist of high quality, investment grade securities from diverse issuers with a weighted average credit rating of AA. We value these securities based on pricing from independent pricing vendors who use matrix pricing valuation techniques including market approach methodologies that model information generated by market transactions involving identical or comparable assets, as well as discounted cash flow methodologies. Inputs include quoted prices in active markets for identical assets or inputs other than quoted prices that are observable either directly or indirectly in determining fair value, including benchmark yields, issuer spreads off benchmark yields, interest rates and U.S. Treasury or swap curves. We therefore classify all of our fixed income available-for-sale securities as Level 2. We perform routine procedures such as comparing prices obtained from multiple independent sources to ensure that appropriate fair values are recorded.
The fair values of our money market funds, time deposits and deferred compensation plan assets, which consist of money market and other mutual funds, are based on quoted prices in active markets at the measurement date.
Our over-the-counter foreign currency derivatives are valued using pricing models and discounted cash flow methodologies based on observable foreign exchange and interest rate data at the measurement date.
Our other current financial assets and current financial liabilities have fair values that approximate their carrying values.
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
The fair value of our senior notes was $5.53 billion as of August 30, 2024, based on observable market prices in less active markets and categorized as Level 2. See Note 14 for further details regarding our debt.