v3.26.1
Supplemental Financial Information
 9 Months Ended
Aug. 02, 2026
Disclosure Text Block Supplement [Abstract]  
Supplemental Financial Information Supplemental Financial Information
Cash Equivalents
Cash equivalents included $5,050 million and $3,163 million of time deposits and $5,251 million and $2,239 million of money-market funds as of August 2, 2026 and November 2, 2025, respectively. For time deposits, carrying value approximates fair value due to the short-term nature of the instruments. The fair value of money-market funds, which was consistent with their carrying value, was determined using unadjusted prices in active, accessible markets for identical assets, and as such, they were classified as Level 1 assets in the fair value hierarchy.
As of August 2, 2026, cash equivalents also included $2,987 million of U.S. Treasury Bills which were carried at fair value. Due to the short-term nature of the instruments, their amortized cost approximates fair value. As of August 2, 2026, $895 million and $2,092 million of the U.S. Treasury Bills were classified as Level 1 assets and Level 2 assets in the fair value hierarchy, respectively, depending on whether the instruments were traded in active or less active markets.
Accounts Receivable Factoring
We sell certain of our trade accounts receivable on a non-recourse basis to third-party financial institutions pursuant to factoring arrangements. We account for these transactions as sales of receivables and present cash proceeds as cash provided by operating activities in the condensed consolidated statements of cash flows. Total trade accounts receivable sold under the factoring arrangements were $1,600 million and $3,950 million during the fiscal quarter and three fiscal quarters ended August 2, 2026, respectively, and $1,700 million and $5,651 million during the fiscal quarter and three fiscal quarters ended August 3, 2025, respectively.
Inventory
August 2,
2026		November 2,
2025
(In millions)
Finished goods$1,839 $682 
Work-in-process1,920 1,280 
Raw materials764 308 
Total inventory$4,523 $2,270 
Other Current Assets
August 2,
2026		November 2,
2025
(In millions)
Current portion of contract assets
$7,187 $5,005 
Prepaid expenses1,963 518 
Other 818 457 
Total other current assets $9,968 $5,980 
Other Current Liabilities
August 2,
2026		November 2,
2025
(In millions)
Contract liabilities$9,501 $9,469 
Tax liabilities1,971 921 
Interest payable622 620 
Other 986 663 
Total other current liabilities$13,080 $11,673 
Other Long-Term Liabilities
August 2,
2026		November 2,
2025
(In millions)
Contract liabilities$3,623 $3,547 
Unrecognized tax benefits1,755 1,628 
Deferred tax liabilities1,532 2,704 
Other (a)
3,543 1,423 
Total other long-term liabilities$10,453 $9,302 
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(a) Included $2,186 million global minimum tax payable as of August 2, 2026.
Supplemental Cash Flow Information
Fiscal Quarter EndedThree Fiscal Quarters Ended
August 2,
2026		August 3,
2025		August 2,
2026		August 3,
2025
(In millions)
Cash paid for interest$674 $602 $1,988 $1,973 
Cash paid for income taxes$347 $822 $2,228 $1,834