v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
May 30, 2025
May 31, 2024
Cash flows from operating activities:    
Net income $ 3,502 $ 2,193
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 426 426
Stock-based compensation 956 918
Deferred income taxes (288) (238)
Other non-cash items 35 29
Changes in operating assets and liabilities, net of acquired assets and assumed liabilities:    
Trade receivables, net 334 604
Prepaid expenses and other assets (221) (641)
Trade payables 7 45
Accrued expenses and other liabilities (92) (45)
Income taxes payable (61) 87
Deferred revenue 75 (264)
Net cash provided by operating activities 4,673 3,114
Cash flows from investing activities:    
Purchases of short-term investments (742) 0
Maturities of short-term investments 242 295
Proceeds from sales of short-term investments 3 7
Purchases of property and equipment (73) (78)
Purchases of long-term investments, intangibles and other assets (195) (49)
Proceeds from sale of long-term investments and other assets 3 2
Net cash provided by (used for) investing activities (762) 177
Cash flows from financing activities:    
Repurchases of common stock (6,750) (4,500)
Proceeds from re-issuance of treasury stock 96 97
Taxes paid related to net share settlement of equity awards (271) (357)
Proceeds from issuance of debt 1,997 1,997
Repayment of debt (1,500) 0
Other financing activities, net (201) (7)
Net cash used for financing activities (6,629) (2,770)
Effect of foreign currency exchange rates on cash and cash equivalents 36 (2)
Net change in cash and cash equivalents (2,682) 519
Cash and cash equivalents at beginning of period 7,613 7,141
Cash and cash equivalents at end of period 4,931 7,660
Supplemental disclosures:    
Cash paid for income taxes, net of refunds 1,182 901
Cash paid for interest $ 115 $ 48