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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 04, 2022
Mar. 05, 2021
Cash flows from operating activities:    
Net income $ 1,266 $ 1,261
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 213 196
Stock-based compensation 322 260
Reduction of operating lease right-of-use assets 22 19
Deferred income taxes 129 117
Unrealized losses (gains) on investments, net 17 0
Other non-cash items 2 2
Changes in operating assets and liabilities, net of acquired assets and assumed liabilities:    
Trade receivables, net 191 (82)
Prepaid expenses and other assets (187) (242)
Trade payables 6 (59)
Accrued expenses and other liabilities (389) (200)
Income taxes payable 36 29
Deferred revenue 141 471
Net cash provided by operating activities 1,769 1,772
Cash flows from investing activities:    
Purchases of short-term investments (288) (289)
Maturities of short-term investments 208 246
Proceeds from sales of short-term investments 54 39
Acquisitions, net of cash acquired (106) (1,470)
Purchases of property and equipment (100) (59)
Purchases of long-term investments, intangibles and other assets (28) (25)
Net cash used for investing activities (260) (1,558)
Cash flows from financing activities:    
Repurchases of common stock (2,400) (950)
Proceeds from re-issuance of treasury stock 91 87
Taxes paid related to net share settlement of equity awards (266) (391)
Other financing activities, net (29) 10
Net cash used for financing activities (2,604) (1,244)
Effect of foreign currency exchange rates on cash and cash equivalents (10) 4
Net change in cash and cash equivalents (1,105) (1,026)
Cash and cash equivalents at beginning of period 3,844 [1] 4,478
Cash and cash equivalents at end of period 2,739 3,452
Supplemental disclosures:    
Cash paid for income taxes, net of refunds 59 91
Cash paid for interest $ 50 $ 50
[1] The condensed consolidated balance sheet as of December 3, 2021 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.