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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Oct. 28, 2023
Oct. 29, 2022
Oct. 30, 2021
Cash flows from operating activities:      
Net income $ 3,314,579 $ 2,748,561 $ 1,390,422
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation 334,704 283,338 231,275
Amortization of intangibles 1,958,399 2,014,161 843,359
Cost of goods sold for inventory acquired 0 271,396 331,083
Stock-based compensation expense 299,823 323,487 243,611
Loss on extinguishment of debt 0 0 215,150
Non-cash impairment charge 0 91,953 0
Deferred income taxes (452,946) (326,755) (406,922)
Other 8,665 (47,074) (4,854)
Change in operating assets and liabilities:      
Accounts receivable 330,728 (343,908) (114,504)
Inventories (242,299) (470,725) (65,114)
Prepaid expenses and other current assets 4,543 (64,584) (59,117)
Accounts payable and accrued liabilities (499,316) 171,772 208,444
Income taxes payable, current (263,716) (91,852) (6,797)
Other assets (25,819) 397 (39,329)
Other liabilities 50,289 (84,765) (31,638)
Total adjustments 1,503,055 1,726,841 1,344,647
Net cash provided by operating activities 4,817,634 4,475,402 2,735,069 Close
Cash flows from investing activities:      
Additions to property, plant and equipment, net (1,261,463) (699,308) (343,676)
Cash received from acquisition of Maxim, net of cash paid 0 0 2,450,550
Other (4,922) 41,940 36,651
Net cash (used for) provided by investing activities (1,266,385) (657,368) 2,143,525 Close
Cash flows from financing activities:      
Proceeds from debt 0 296,130 3,939,640
Early termination of debt (65,688) (519,116) (3,591,982)
Payments on revolver 0 (400,000) (400,000)
Proceeds from revolver 0 400,000 400,000
Proceeds from commercial paper notes 5,287,124 0 0
Payments of commercial paper notes (4,739,900) 0 0
Payment on derivative instrument 0 0 (153,161)
Prepayment for stock repurchases 0 0 (500,000)
Dividend payments to shareholders (1,679,106) (1,544,552) (1,109,344)
Repurchase of common stock (2,963,955) (2,577,015) (2,605,144)
Proceeds from employee stock plans 118,608 33,887 63,105
Other (20,843) 19,946 (2,778)
Net cash used for financing activities (4,063,760) (4,290,720) (3,959,664) Close
Effect of exchange rate changes on cash 0 (34,706) 3,174 Close
Net (decrease) increase in cash and cash equivalents (512,511) (507,392) 922,104 Close
Cash and cash equivalents at beginning of year 1,470,572 1,977,964 1,055,860
Cash and cash equivalents at end of year $ 958,061 $ 1,470,572 $ 1,977,964