v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
May 29, 2026
May 30, 2025
Cash flows from operating activities:    
Net income $ 3,601 $ 3,502
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 367 426
Stock-based compensation 1,043 956
Deferred income taxes 111 (288)
Impairment of goodwill 70 0
Other non-cash items 76 35
Changes in operating assets and liabilities, net of acquired assets and assumed liabilities:    
Trade receivables, net 368 334
Prepaid expenses and other assets (377) (221)
Trade payables 15 7
Accrued expenses and other liabilities (215) (92)
Income taxes payable (53) (61)
Deferred revenue 117 75
Net cash provided by operating activities 5,123 4,673
Cash flows from investing activities:    
Purchases of short-term investments (796) (742)
Maturities of short-term investments 1,265 242
Proceeds from sales of short-term investments 5 3
Acquisitions, net of cash acquired (1,560) 0
Purchases of property and equipment (95) (73)
Purchases of long-term investments, intangibles and other assets (62) (195)
Other investing activities, net 3 3
Net cash used for investing activities (1,240) (762)
Cash flows from financing activities:    
Repurchases of common stock (4,589) (6,750)
Proceeds from re-issuance of treasury stock 84 96
Taxes paid related to net share settlement of equity awards (214) (271)
Proceeds from issuance of debt 493 1,997
Repayment of debt 0 (1,500)
Other financing activities, net (173) (201)
Net cash used for financing activities (4,399) (6,629)
Effect of foreign currency exchange rates on cash and cash equivalents 4 36
Net change in cash and cash equivalents (512) (2,682)
Cash and cash equivalents at beginning of period 5,431 7,613
Cash and cash equivalents at end of period 4,919 4,931
Supplemental disclosures:    
Cash paid for income taxes, net of refunds 1,089 1,182
Cash paid for interest $ 122 $ 115