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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 29, 2023
Oct. 29, 2022
Current assets:    
Cash and cash equivalents $ 1,117,922 $ 994,352
Short-term investments 141,843 153,989
Accounts receivable, net of allowance for credit losses of $11.2 million and $11.0 million as of July 29, 2023 and October 29, 2022, respectively. 997,373 920,772
Inventories, net 1,192,522 946,730
Prepaid expenses and other 361,692 370,053
Total current assets 3,811,352 3,385,896
Long-term investments 21,098 35,385
Equipment, building, furniture and fixtures, net 287,455 267,779
Operating right-of-use assets 40,482 45,108
Goodwill 446,596 328,322
Other intangible assets, net 219,085 69,517
Deferred tax asset, net 792,299 824,008
Other long-term assets 104,847 113,617
Total assets 5,723,214 5,069,632
Current liabilities:    
Accounts payable 393,144 516,047
Accrued liabilities and other short-term obligations 355,622 360,782
Deferred revenue 188,104 137,899
Operating lease liabilities 16,941 18,925
Current portion of long-term debt 11,930 6,930
Total current liabilities 965,741 1,040,583
Long-term deferred revenue 71,873 62,336
Other long-term obligations 156,893 150,335
Long-term operating lease liabilities 37,800 42,392
Long-term debt, net 1,543,900 1,061,125
Total liabilities 2,776,207 2,356,771
Commitments and contingencies (Note 23)
Stockholders’ equity:    
Preferred stock – par value $0.01; 20,000,000 shares authorized; zero shares issued and outstanding 0 0
Common stock – par value $0.01; 290,000,000 shares authorized; 148,772,513 and 148,412,943 shares issued and outstanding 1,488 1,484
Additional paid-in capital 6,425,899 6,390,252
Accumulated other comprehensive loss (11,778) (46,645)
Accumulated deficit (3,468,602) (3,632,230)
Total stockholders’ equity 2,947,007 2,712,861
Total liabilities and stockholders’ equity $ 5,723,214 $ 5,069,632