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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 29, 2025
Nov. 29, 2024
 [1]
Current assets:    
Cash and cash equivalents $ 4,982 $ 7,613
Short-term investments 958 273
Trade receivables, net of allowances for doubtful accounts of $14 for both periods 2,093 2,072
Prepaid expenses and other current assets 1,379 1,274
Total current assets 9,412 11,232
Property and equipment, net 1,908 1,936
Operating lease right-of-use assets, net 307 281
Goodwill 12,862 12,788
Other intangibles, net 555 782
Deferred income taxes 2,092 1,657
Other assets 1,618 1,554
Total assets 28,754 30,230
Current liabilities:    
Trade payables 337 361
Accrued expenses and other current liabilities 2,289 2,336
Debt 0 1,499
Deferred revenue 6,385 6,131
Income taxes payable 154 119
Operating lease liabilities 74 75
Total current liabilities 9,239 10,521
Long-term liabilities:    
Debt 6,200 4,129
Deferred revenue 149 128
Income taxes payable 502 548
Operating lease liabilities 362 353
Other liabilities 532 446
Total liabilities 16,984 16,125
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 2 shares authorized; none issued 0 0
Common stock, $0.0001 par value; 900 shares authorized; 601 shares issued;  420 and 441 shares outstanding, respectively 0 0
Additional paid-in capital 14,968 13,419
Retained earnings 43,516 38,470
Accumulated other comprehensive income (loss) (341) (201)
Treasury stock, at cost (181 and 160 shares, respectively) (46,373) (37,583)
Total stockholders’ equity 11,770 14,105
Total liabilities and stockholders’ equity $ 28,754 $ 30,230
[1] The condensed consolidated balance sheet as of November 29, 2024 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.