v3.26.3
FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Aug. 28, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities at Fair Value On a Recurring Basis
The fair value of our financial assets and liabilities at August 28, 2026 was determined using the following inputs:
(in millions)Fair Value Measurements at Reporting Date Using
Quoted Prices
in Active
Markets for
Identical Assets
Significant
Other
Observable
Inputs
Significant
Unobservable
Inputs
Total(Level 1)(Level 2)(Level 3)
Assets:
Cash equivalents:
Corporate debt securities$1,035 $— $1,035 $— 
Money market funds2,444 2,444 — — 
Time deposits71 71 — — 
Short-term investments:
Corporate debt securities1,180 — 1,180 — 
U.S. Treasury securities100 — 100 — 
Prepaid expenses and other current assets:
Foreign currency derivatives81 — 81 — 
Interest rate swap derivatives— — 
Other assets:
Deferred compensation plan assets391 391 — — 
Foreign currency derivatives12 — 12 — 
Interest rate swap derivatives— — 
Total assets$5,325 $2,906 $2,419 $— 
Liabilities:
Accrued expenses and other current liabilities:
Foreign currency derivatives$63 $— $63 $— 
Interest rate swap derivatives20 — 20 — 
Other liabilities:
Foreign currency derivatives— — 
Interest rate swap derivatives— — 
Total liabilities$95 $— $95 $— 
The fair value of our financial assets and liabilities at November 28, 2025 was determined using the following inputs:
(in millions)Fair Value Measurements at Reporting Date Using
Quoted Prices
in Active
Markets for
Identical Assets
Significant
Other
Observable
Inputs
Significant
Unobservable
Inputs
Total(Level 1)(Level 2)(Level 3)
Assets:
Cash equivalents:
Corporate debt securities$928 $— $928 $— 
Money market funds3,607 3,607 — — 
Time deposits85 85 — — 
U.S. Treasury securities100 — 100 — 
Short-term investments:
Corporate debt securities914 — 914 — 
U.S. Treasury securities 250 — 250 — 
Prepaid expenses and other current assets:
Foreign currency derivatives62 — 62 — 
Interest rate swap derivatives
— — 
Other assets:
Deferred compensation plan assets342 342 — — 
Foreign currency derivatives22 — 22 — 
Interest rate swap derivatives92 — 92 — 
Total assets$6,404 $4,034 $2,370 $— 
Liabilities:
Accrued expenses and other current liabilities:
Foreign currency derivatives$94 $— $94 $— 
Interest rate swap derivatives
— — 
Other liabilities:
Foreign currency derivatives— — 
Total liabilities$108 $— $108 $—