
	As of
	April 30, 2026		October 31, 2025
	(in thousands)


































Accounts payable and accrued liabilities:
Payroll and related benefits	$	701,291	$	822,575
Accounts payable	179,257		164,766
Accrued income taxes	45,020		94,664
Interest payable	42,603		49,826
Other accrued liabilities	217,033		194,380
Total	$	1,185,204	$	1,326,211

Other long-term liabilities:
Deferred tax liability	$	877,749	$	1,001,070
Deferred compensation plan liabilities	468,523		447,232
Other	201,319		200,997
Total	$	1,547,591	$	1,649,299

On January 14, 2026, we entered into a definitive agreement for the sale of our Processor IP Solutions (Processor IP) business to GlobalFoundries Inc. as part of our reallocation of resources to the highest growth opportunities in our Design IP segment.

The Processor IP business is part of the Design IP segment and we have determined that we met the criteria to classify the assets and liabilities of this business as held for sale. The divestiture does not represent a strategic shift in operations that would have a major effect on our business and is also not material to our business and therefore does not meet the criteria to be classified as discontinued operations.

The sale is expected to be completed in June 2026, subject to the satisfaction of customary closing conditions, including the receipt of required regulatory approvals.

The following table presents the major classes of assets and liabilities classified as held for sale as of April 30, 2026:


	(in thousands)
Assets:
Accounts receivable, net	$	541
Inventories	72
Prepaid and other assets	5,623
Property and equipment, net	2,127
Operating lease right-of-use assets, net	1,870
Goodwill	38,015

Total current assets held for sale	$	48,248
Liabilities:
Accounts payable and accrued liabilities	$	1,841
Operating lease liabilities	1,744
Deferred revenue	24,327
Total current liabilities held for sale	$	27,912