XML 114 R87.htm IDEA: XBRL DOCUMENT v3.21.2
INCOME TAXES - Statutory and Effective (Details) - USD ($)
$ in Millions
12 Months Ended
Oct. 31, 2021
Nov. 01, 2020
Nov. 03, 2019
Comparison of the statutory and effective income tax provision      
Federal corporate statutory tax rate (as a percent) 21.00% 21.00% 21.00%
U.S. federal income tax provision at the U.S. statutory rate (21 percent) $ 1,597 $ 815 $ 859
State and local taxes, net of federal tax effect 119 59 47
Other Impacts of Tax Cuts and Jobs Act of 2017 (85) 39 (101)
Rate differential on foreign subsidiaries 148 106 89
Research and business tax credits (48) (50) (85)
Excess tax benefits on equity compensation (79) (87) (40)
Valuation allowances 18 139 28
Other - net (12) 61 55
Provision for income taxes 1,658 $ 1,082 $ 852
Accumulated earnings of certain foreign subsidiaries for which no provision for U.S. income or foreign withholding taxes has been made 2,155    
Provision for foreign withholding taxes for earnings expected to remain indefinitely reinvested outside the U.S. $ 0