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SUBSEQUENT EVENTS
12 Months Ended
Oct. 30, 2022
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

28. SUBSEQUENT EVENTS

On December 7, 2022, a quarterly dividend of $1.20 per share was declared at the Board of Directors meeting, payable on February 8, 2023 to stockholders of record on December 30, 2022.

In December 2022, the Board of Directors authorized the repurchase of up to $18,000 million of additional common stock. This repurchase program will supplement the existing $8,000 million share repurchase program, which had $2,228 million remaining at October 30, 2022. Repurchases of the company’s common stock will be made at the company’s discretion in the open market.