CASH EQUIVALENT, SHORT-TERM AND LONG-TERM INVESTMENTS

6 Months Ended

Apr. 27, 2024

Investments, Debt and Equity Securities [Abstract]

CASH EQUIVALENT, SHORT-TERM AND LONG-TERM INVESTMENTS

CASH EQUIVALENT, SHORT-TERM AND LONG-TERM INVESTMENTS

As of the dates indicated, investments classified as available-for-sale are comprised of the following (in thousands):

	April 27, 2024
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
U.S. government obligations	$	261,150	$	—	$	(776)	$	260,374
Corporate debt securities	59,692		5		(77)		59,620
Time deposits	164,198		11		(1)		164,208
	$	485,040	$	16	$	(854)	$	484,202
Included in cash equivalents	$	152,622	$	—	$	—	$	152,622
Included in short-term investments	165,821		14		(215)		165,620
Included in long-term investments	166,597		2		(639)		165,960
	$	485,040	$	16	$	(854)	$	484,202

	October 28, 2023
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
U.S. government obligations	$	170,260	$	28	$	(379)	$	169,909
Corporate debt securities	59,683		1		(115)		59,569
Time deposits	138,830		4		(5)		138,829
	$	368,773	$	33	$	(499)	$	368,307
Included in cash equivalents	$	129,276	$	—	$	—	$	129,276
Included in short-term investments	105,042		4		(293)		104,753
Included in long-term investments	134,455		29		(206)		134,278
	$	368,773	$	33	$	(499)	$	368,307

The following table summarizes the final legal maturities of debt investments as of April 27, 2024 (in thousands):

	Amortized Cost		Estimated Fair Value
Less than one year	$	318,443	$	318,242
Due in 1-2 years	166,597		165,960
	$	485,040	$	484,202