Cash, cash equivalents and short-term investments consisted of the following as of May 29, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | (in millions) | Amortized Cost | | Unrealized Gains | | Unrealized Losses | | Estimated Fair Value | | Current assets: | | | | | | | | | Cash | $ | 766 | | | $ | — | | | $ | — | | | $ | 766 | | | Cash equivalents: | | | | | | | | | Corporate debt securities | 806 | | | — | | | — | | | 806 | | | Money market funds | 3,252 | | | — | | | — | | | 3,252 | | | | | | | | | | | Time deposits | 95 | | | — | | | — | | | 95 | | | | | | | | | | | | | | | | | | | Total cash equivalents | 4,153 | | | — | | | — | | | 4,153 | | | Total cash and cash equivalents | 4,919 | | | — | | | — | | | 4,919 | | | Short-term fixed income securities: | | | | | | | | | | | | | | | | | Corporate debt securities | 606 | | | — | | | — | | | 606 | | | | | | | | | | | | | | | | | | | | | | | | | | | U.S. Treasury securities | 101 | | | — | | | — | | | 101 | | Total short-term investments(1) | 707 | | | — | | | — | | | 707 | | | Total cash, cash equivalents and short-term investments | $ | 5,626 | | | $ | — | | | $ | — | | | $ | 5,626 | |
_________________________________________ (1)As of May 29, 2026, all short-term fixed income debt securities classified as short-term investments had stated effective maturities within one year. Cash, cash equivalents and short-term investments consisted of the following as of November 28, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | (in millions) | Amortized Cost | | Unrealized Gains | | Unrealized Losses | | Estimated Fair Value | | Current assets: | | | | | | | | | Cash | $ | 711 | | | $ | — | | | $ | — | | | $ | 711 | | | Cash equivalents: | | | | | | | | | Corporate debt securities | 928 | | | — | | | — | | | 928 | | | Money market funds | 3,607 | | | — | | | — | | | 3,607 | | | | | | | | | | | Time deposits | 85 | | | — | | | — | | | 85 | | | U.S. Treasury securities | 100 | | | — | | | — | | | 100 | | | Total cash equivalents | 4,720 | | | — | | | — | | | 4,720 | | | Total cash and cash equivalents | 5,431 | | | — | | | — | | | 5,431 | | | Short-term fixed income securities: | | | | | | | | | | | | | | | | | | | | | | | | | Corporate debt securities | 914 | | | — | | | — | | | 914 | | | | | | | | | | | | | | | | | | | | | | | | | | | U.S. Treasury securities | 250 | | | — | | | — | | | 250 | | | | | | | | | | | | | | | | | | | Total short-term investments | 1,164 | | | — | | | — | | | 1,164 | | | Total cash, cash equivalents and short-term investments | $ | 6,595 | | | $ | — | | | $ | — | | | $ | 6,595 | |
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