v3.25.2
CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Tables)
6 Months Ended
May 30, 2025
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 May 30, 2025:
(in millions)Amortized
Cost
Unrealized
Gains
Unrealized
Losses
Estimated
Fair Value
Current assets:    
Cash$822 $— $— $822 
Cash equivalents:
Corporate debt securities25 — — 25 
Money market funds3,979 — — 3,979 
Time deposits105 — — 105 
Total cash equivalents4,109 — — 4,109 
Total cash and cash equivalents4,931 — — 4,931 
Short-term fixed income securities:
Asset-backed securities— — 
Corporate debt securities662 — — 662 
U.S. agency securities— — 
U.S. Treasury securities116 — — 116 
Total short-term investments782 — — 782 
Total cash, cash equivalents and short-term investments$5,713 $— $— $5,713 
Cash, cash equivalents and short-term investments consisted of the following as of November 29, 2024:
(in millions)Amortized
Cost
Unrealized
Gains
Unrealized
Losses
Estimated
Fair Value
Current assets:    
Cash$787 $— $— $787 
Cash equivalents:  
Corporate debt securities41 — — 41 
Money market funds6,726 — — 6,726 
Time deposits57 — — 57 
U.S. Treasury securities— — 
Total cash equivalents6,826 — — 6,826 
Total cash and cash equivalents7,613 — — 7,613 
Short-term fixed income securities: 
Asset-backed securities— — 
Corporate debt securities120 — — 120 
U.S. agency securities11 — — 11 
U.S. Treasury securities139 — (1)138 
Total short-term investments274 — (1)273 
Total cash, cash equivalents and short-term investments$7,887 $— $(1)$7,886 
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 May 30, 2025:
(in millions)Estimated
Fair Value
Due within one year$780 
Due between one and two years
Total$782