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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
May 29, 2020
Nov. 29, 2019
Assets:    
Cash and cash equivalents $ 3,044 $ 2,650 [1]
Short-term investments 1,307 1,527 [1]
Trade receivables, net of allowances for doubtful accounts of $22 and $10, respectively 1,366 1,535 [1]
Prepaid expenses and other current assets 932 783 [1]
Total current assets 6,649 6,495 [1]
Property and equipment, net 1,387 1,293 [1]
Operating lease right-of-use assets, net 489 0 [1]
Goodwill 10,695 10,691 [1]
Other intangibles, net 1,535 1,721 [1]
Deferred income taxes 231 0
Other assets 617 562 [1]
Total assets 21,603 20,762 [1]
Current liabilities:    
Trade payables 289 209 [1]
Accrued expenses 1,303 1,399 [1]
Debt 0 3,149 [1]
Deferred revenue 3,321 3,378 [1]
Income taxes payable 166 56 [1]
Operating lease liabilities 85 0 [1]
Total current liabilities 5,164 8,191 [1]
Long-term liabilities:    
Debt 4,114 989 [1]
Deferred revenue 140 123 [1]
Income taxes payable 503 616 [1]
Deferred income taxes 107 140 [1]
Operating lease liabilities 498 0 [1]
Other liabilities 196 173 [1]
Total liabilities 10,722 10,232 [1]
Stockholders' equity:    
Preferred stock, $0.0001 par value; 2 shares authorized, none issued 0 0 [1]
Common stock, $0.0001 par value; 900 shares authorized; 601 shares issued; 480 and 483 shares outstanding, respectively 0 0 [1]
Additional paid-in-capital 6,892 6,504 [1]
Retained earnings 16,428 14,829 [1]
Accumulated other comprehensive income (loss) (195) (188) [1]
Treasury stock, at cost (121 and 118 shares, respectively) (12,244) (10,615) [1]
Total stockholders’ equity 10,881 10,530 [1]
Total liabilities and stockholders' equity $ 21,603 $ 20,762 [1]
[1]
The condensed consolidated balance sheet as of November 29, 2019 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.