Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 04, 2022

Stockholders' Equity Note [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The components of accumulated other comprehensive income (loss) and activity, net of related taxes, were as follows:

(in millions)	December 3, 2021		Increase / Decrease		Reclassification Adjustments			March 4, 2022
Net unrealized gains / losses on available-for-sale securities:
Unrealized gains on available-for-sale securities	$	2	$	(1)	$	—		$	1
Unrealized losses on available-for-sale securities	(4)		(13)		—			(17)
Net unrealized gains / losses on available-for-sale securities	(2)		(14)		—		(1)	(16)
Net unrealized gains / losses on derivative instruments designated as hedging instruments	29		23		(15)		(2)	37
Cumulative foreign currency translation adjustments	(164)		(34)		—			(198)
Total accumulated other comprehensive income (loss), net of taxes	$	(137)	$	(25)	$	(15)		$	(177)

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(1)Reclassification adjustments for gains / losses on available-for-sale securities are classified in other income (expense), net.

(2)Reclassification adjustments for gains / losses on foreign currency hedges are classified in revenue and reclassification adjustments for gains / losses on Treasury lock hedges are classified in interest expense.

Taxes related to each component of other comprehensive income (loss) for the three and three months ended March 4, 2022 and March 5, 2021 were not material.