XML 20 R7.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Oct. 30, 2022
Oct. 31, 2021
Nov. 01, 2020
Cash flows from operating activities:      
Net income $ 11,495 $ 6,736 $ 2,960
Adjustments to reconcile net income to net cash provided by operating activities:      
Amortization of intangible and right-of-use assets 4,455 5,502 6,335
Depreciation 529 539 570
Stock-based compensation 1,533 1,704 1,976
Deferred taxes and other non-cash taxes (34) (809) (1,142)
Loss on debt extinguishment 100 198 169
Non-cash restructuring, impairment and disposal charges 13 38 44
Non-cash interest expense 129 96 108
Other 170 (113) (52)
Changes in assets and liabilities, net of acquisitions and disposals:      
Trade accounts receivable, net (870) 210 981
Inventory (627) (294) (31)
Accounts payable (79) 243 (3)
Employee compensation and benefits 136 186 217
Other current assets and current liabilities 222 (177) 331
Other long-term assets and long-term liabilities (436) (295) (402)
Net cash provided by operating activities 16,736 13,764 12,061
Cash flows from investing activities:      
Acquisitions of businesses, net of cash acquired (246) (8) (10,872)
Proceeds from sales of businesses 0 45 218
Purchases of property, plant and equipment (424) (443) (463)
Purchases of investments 200 0 0
Sales of investments 200 169 0
Other 3 (8) 8
Net cash used in investing activities (667) (245) (11,109)
Cash flows from financing activities:      
Proceeds from long-term borrowings 1,935 9,904 27,802
Payments on debt obligations (2,361) (11,495) (18,814)
Other borrowings, net 0 0 (1,285)
Payments of dividends (7,032) (6,212) (5,534)
Repurchases of common stock - repurchase program (7,000) 0 0
Shares repurchased for tax withholdings on vesting of equity awards (1,455) (1,299) (765)
Issuance of common stock 114 170 276
Other (17) (42) (69)
Net cash provided by (used in) financing activities (15,816) (8,974) 1,611
Net change in cash and cash equivalents 253 4,545 2,563
Cash and cash equivalents at beginning of period 12,163 7,618 5,055
Cash and cash equivalents at end of period 12,416 12,163 7,618
Supplemental disclosure of cash flow information:      
Cash paid for interest 1,386 1,565 1,408
Cash paid for income taxes $ 908 $ 775 $ 501