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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Aug. 28, 2020
Aug. 30, 2019
Cash flows from operating activities:    
Net income $ 3,010 $ 2,100
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 567 566
Stock-based compensation 676 585
Reduction of operating lease right-of-use assets 65 0
Deferred income taxes (284) (2)
Unrealized losses (gains) on investments, net (4) (43)
Other non-cash items 37 3
Changes in operating assets and liabilities, net of acquired assets and assumed liabilities:    
Trade receivables, net 187 (14)
Prepaid expenses and other assets (281) (417)
Trade payables 19 1
Accrued expenses and other liabilities (15) 53
Income taxes payable 20 (39)
Deferred revenue (52) 252
Net cash provided by operating activities 3,945 3,045
Cash flows from investing activities:    
Purchases of short-term investments (764) (373)
Maturities of short-term investments 674 478
Proceeds from sales of short-term investments 123 66
Acquisitions, net of cash acquired 0 (100)
Purchases of property and equipment (316) (300)
Purchases of long-term investments, intangibles and other assets (8) (60)
Proceeds from sale of long-term investments and other assets 8 2
Net cash used for investing activities (283) (287)
Cash flows from financing activities:    
Purchases of treasury stock (2,200) (2,000)
Proceeds from re-issuance of treasury stock 270 232
Taxes paid related to net share settlement of equity awards (599) (412)
Proceeds from issuance of debt 3,144 0
Repayment of debt (3,150) 0
Other financing activities, net (13) 0
Net cash used for financing activities (2,548) (2,180)
Effect of foreign currency exchange rates on cash and cash equivalents 3 (12)
Net increase in cash and cash equivalents 1,117 566
Cash and cash equivalents at beginning of period 2,650 [1] 1,643
Cash and cash equivalents at end of period 3,767 2,209
Supplemental disclosures:    
Cash paid for income taxes, net of refunds 200 232
Cash paid for interest $ 88 $ 125
[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.