Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Aug. 30, 2024

Stockholders' Equity Note [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, were as follows:

(in millions)	December 1, 2023		Increase / Decrease		Reclassification Adjustments			August 30, 2024
Net unrealized gains / losses on available-for-sale securities	$	(12)	$	10	$	—	(1)	$	(2)
Net unrealized gains / losses on derivative instruments designated as hedging instruments	(26)		(59)		9		(2)	(76)
Cumulative foreign currency translation adjustments	(247)		16		—			(231)
Total accumulated other comprehensive income (loss), net of taxes	$	(285)	$	(33)	$	9		$	(309)

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(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 or operating expenses, depending on the nature of the underlying transaction, 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) for the three and nine months ended August 30, 2024 and September 1, 2023 were immaterial.