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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 28, 2026
Nov. 28, 2025
 [1]
Current assets:    
Cash and cash equivalents $ 4,359 $ 5,431
Short-term investments 1,280 1,164
Trade receivables, net of allowances for doubtful accounts of $12 and $13, respectively 2,081 2,344
Prepaid expenses and other current assets 1,438 1,224
Total current assets 9,158 10,163
Property and equipment, net 1,870 1,873
Operating lease right-of-use assets, net 286 312
Goodwill 14,037 12,857
Other intangibles, net 956 495
Deferred income taxes 1,928 2,186
Other assets 1,746 1,610
Total assets 29,981 29,496
Current liabilities:    
Trade payables 529 417
Accrued expenses and other current liabilities 2,516 2,648
Debt 1,597 0
Deferred revenue 7,094 6,905
Income taxes payable 63 153
Operating lease liabilities 89 77
Total current liabilities 11,888 10,200
Long-term liabilities:    
Debt 4,766 6,210
Deferred revenue 110 125
Income taxes payable 567 469
Operating lease liabilities 310 361
Other liabilities 576 508
Total liabilities 18,217 17,873
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;  391 and 413 shares outstanding, respectively 0 0
Additional paid-in capital 16,992 15,361
Retained earnings 50,594 45,354
Accumulated other comprehensive income (loss) (203) (245)
Treasury stock, at cost (210 and 188 shares, respectively) (55,619) (48,847)
Total stockholders’ equity 11,764 11,623
Total liabilities and stockholders’ equity $ 29,981 $ 29,496
[1] The condensed consolidated balance sheet as of November 28, 2025 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.