v3.22.2.2
Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 02, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Derivative Instruments
The fair value of derivative instruments on our condensed consolidated balance sheets as of September 2, 2022 and December 3, 2021 were as follows:
(in millions)20222021
 Fair Value
Asset
Derivatives
Fair Value
Liability
Derivatives
Fair Value
Asset
Derivatives
Fair Value
Liability
Derivatives
Derivatives designated as hedging instruments:    
Foreign exchange option contracts(1)
$179 $— $91 $— 
Derivatives not designated as hedging instruments:
 Foreign exchange forward contracts(1)
Total derivatives$183 $$98 $
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(1)Fair value asset derivatives are included in prepaid expenses and other current assets and fair value liability derivatives are included in accrued expenses on our condensed consolidated balance sheets.