v3.22.2.2
Cash, Cash Equivalents and Short-Term Investments (Tables)
 9 Months Ended
Sep. 02, 2022
Cash, Cash Equivalents, and Short-term Investments [Abstract]  
Cash Cash Equivalents and Short-Term Investments
Cash, cash equivalents and short-term investments consisted of the following as of September 2, 2022:
(in millions)Amortized
Cost		Unrealized
Gains		Unrealized
Losses		Estimated
Fair Value
Current assets:    
Cash$595 $— $— $595 
Cash equivalents:
Corporate debt securities21 — — 21 
Money market funds3,202 — — 3,202 
Time deposits25 — — 25 
U.S. agency securities13 — — 13 
U.S. Treasury securities14 — — 14 
Total cash equivalents3,275 — — 3,275 
Total cash and cash equivalents3,870 — — 3,870 
Short-term fixed income securities:
Asset-backed securities114 — (2)112 
Corporate debt securities1,322 — (22)1,300 
Foreign government securities5 — — 5 
Municipal securities23 — — 23 
U.S. agency securities19 — — 19 
U.S. Treasury securities448 — (13)435 
Total short-term investments1,931 — (37)1,894 
Total cash, cash equivalents and short-term investments$5,801 $— $(37)$5,764 
Cash, cash equivalents and short-term investments consisted of the following as of December 3, 2021:
(in millions)Amortized
Cost		Unrealized
Gains		Unrealized
Losses		Estimated
Fair Value
Current assets:    
Cash$750 $— $— $750 
Cash equivalents:  
Corporate debt securities5 — — 5 
Money market funds2,914 — — 2,914 
Time deposits175 — — 175 
Total cash equivalents3,094 — — 3,094 
Total cash and cash equivalents3,844 — — 3,844 
Short-term fixed income securities: 
Asset-backed securities124 — — 124 
Corporate debt securities1,426 2 (3)1,425 
Municipal securities28 — — 28 
U.S. Treasury securities378 — (1)377 
Total short-term investments1,956 2 (4)1,954 
Total cash, cash equivalents and short-term investments$5,800 $2 $(4)$5,798 
Estimated Fair Value of Short-Term Fixed Income Debt Securities
The following table summarizes the estimated fair value of short-term fixed income debt securities classified as short-term investments based on stated effective maturities as of September 2, 2022:
(in millions)Estimated
Fair Value
Due within one year$868 
Due between one and two years676 
Due between two and three years336 
Due after three years14 
Total$1,894