Broadcom (AVGO) 10-Q 6 Sep 23 2023 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jul. 30, 2023	Aug. 25, 2023
Entity Information [Line Items]
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--10-29
Document Fiscal Period Focus	Q3
Amendment Flag	false
Document Type	10-Q
Document Period End Date	Jul. 30, 2023
Document Quarterly Report	true
Document Transition Report	false
Entity Registrant Name	Broadcom Inc.
Entity Incorporation, State or Country Code	DE
Entity File Number	001-38449
Entity Tax Identification Number	35-2617337
Entity Address, Address Line One	1320 Ridder Park Drive
Entity Address, City or Town	San Jose,
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95131-2313
City Area Code	(408)
Local Phone Number	433-8000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	AVGO
Security Exchange Name	NASDAQ
Entity Central Index Key	0001730168
Entity Common Stock, Shares Outstanding		412,735,504

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - Unaudited - USD ($) $ in Millions	Jul. 30, 2023	Oct. 30, 2022
Current assets:
Cash and cash equivalents	$ 12,055	$ 12,416
Trade accounts receivable, net	2,914	2,958
Inventory	1,842	1,925
Other current assets	1,522	1,205
Total current assets	18,333	18,504
Long-term assets:
Property, plant and equipment, net	2,180	2,223
Goodwill	43,619	43,614
Intangible assets, net	4,654	7,111
Other long-term assets	2,809	1,797
Total assets	71,595	73,249
Current liabilities:
Accounts payable	992	998
Employee compensation and benefits	831	1,202
Current portion of long-term debt	1,119	440
Other current liabilities	4,403	4,412
Total current liabilities	7,345	7,052
Long-term liabilities:
Long-term debt	38,222	39,075
Other long-term liabilities	3,949	4,413
Total liabilities	49,516	50,540
Commitments and contingencies (Note 11)
Stockholders' equity:
Preferred stock, $0.001 par value; 100 shares authorized; none issued and outstanding	0	0
Common stock, $0.001 par value; 2,900 shares authorized; 413 and 418 shares issued and outstanding as of July 30, 2023 and October 30, 2022, respectively	0	0
Additional paid-in capital	20,855	21,159
Retained earnings	1,178	1,604
Accumulated other comprehensive income (loss)	46	(54)
Total stockholders’ equity	22,079	22,709
Total liabilities and equity	$ 71,595	$ 73,249

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets - Unaudited Parenthetical - $ / shares	Jul. 30, 2023	Oct. 30, 2022
Statement of Financial Position [Abstract]
Preferred stock, Par value per share	$ 0.001	$ 0.001
Preferred stock, Shares authorized	100,000,000	100,000,000
Preferred stock, Shares issued	0	0
Preferred stock, Shares outstanding	0	0
Common stock, Par value per share	$ 0.001	$ 0.001
Common stock, Shares authorized	2,900,000,000	2,900,000,000
Common stock, Shares issued	413,000,000	418,000,000
Common stock, Shares outstanding	413,000,000	418,000,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - Unaudited - USD ($) shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Jul. 30, 2023	Jul. 31, 2022	Jul. 30, 2023	Jul. 31, 2022
Net revenue:
Total net revenue		$ 8,876	$ 8,464	$ 26,524	$ 24,273
Cost of revenue:
Cost of products sold		2,107	1,921	6,351	5,488
Cost of subscriptions and services		165	156	472	470
Amortization of acquisition-related intangible assets		439	705	1,415	2,142
Restructuring charges		1	1	3	4
Total cost of revenue		2,712	2,783	8,241	8,104
Gross margin		6,164	5,681	18,283	16,169
Research and development		1,358	1,255	3,865	3,722
Selling, general and administrative		388	323	1,174	1,012
Amortization of acquisition-related intangible assets		350	359	1,046	1,154
Restructuring and other charges		212	7	231	42
Total operating expenses		2,308	1,944	6,316	5,930
Operating income		3,856	3,737	11,967	10,239
Interest expense		(406)	(406)	(1,217)	(1,331)
Other income (expense), net		124	6	380	(94)
Income before income taxes		3,574	3,337	11,130	8,814
Provision for income taxes		271	263	572	678
Net income		3,303	3,074	10,558	8,136
Dividends on preferred stock		0	(75)	0	(224)
Net income attributable to common stock		$ 3,303	$ 2,999	$ 10,558	$ 7,912
Net income per share attributable to common stock:
Net income per share (in dollars per share)		$ 8	$ 7.40	$ 25.44	$ 19.39
Diluted income per share attributable to common stock:
Net income per share (in dollars per share)		$ 7.74	$ 7.15	$ 24.73	$ 18.70
Weighted-average shares used in per share calculations:
Basic		413	405	415	408
Diluted		427	430	427	435
Products
Net revenue:
Total net revenue		$ 6,917	$ 6,627	$ 20,740	$ 19,097
Subscriptions and services
Net revenue:
Total net revenue	[1]	$ 1,959	$ 1,837	$ 5,784	$ 5,176
[1]a) Subscriptions and services predominantly include software licenses with termination for convenience clauses.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - Unaudited - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 30, 2023	Jul. 31, 2022	Jul. 30, 2023	Jul. 31, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 3,303	$ 3,074	$ 10,558	$ 8,136
Other comprehensive income (loss), net of tax:
Change in unrealized gain on derivative instruments	228	0	100	0
Change in actuarial loss and prior service costs associated with defined benefit plans	0	1	0	2
Other comprehensive income, net of tax	228	1	100	2
Comprehensive income	$ 3,531	$ 3,075	$ 10,658	$ 8,138

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - Unaudited - USD ($) $ in Millions	9 Months Ended
	Jul. 30, 2023	Jul. 31, 2022
Cash flows from operating activities:
Net income	$ 10,558	$ 8,136
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of intangible and right-of-use assets	2,525	3,368
Depreciation	378	400
Stock-based compensation	1,533	1,146
Deferred taxes and other non-cash taxes	(1,140)	55
Loss on debt extinguishment	0	100
Non-cash interest expense	98	97
Other	(18)	152
Changes in assets and liabilities, net of acquisitions and disposals:
Trade accounts receivable, net	44	(629)
Inventory	83	(540)
Accounts payable	(6)	(383)
Employee compensation and benefits	(382)	8
Other current assets and current liabilities	66	610
Other long-term assets and long-term liabilities	(482)	(367)
Net cash provided by operating activities	13,257	12,153
Cash flows from investing activities:
Acquisitions of businesses, net of cash acquired	(17)	(239)
Purchases of property, plant and equipment	(347)	(302)
Purchases of investments	(288)	(200)
Sales of investments	74	200
Other	13	2
Net cash used in investing activities	(565)	(539)
Cash flows from financing activities:
Proceeds from long-term borrowings	0	1,935
Payments on debt obligations	(260)	(2,352)
Payments of dividends	(5,741)	(5,250)
Repurchases of common stock - repurchase program	(5,701)	(7,000)
Shares repurchased for tax withholdings on vesting of equity awards	(1,407)	(1,181)
Issuance of common stock	63	60
Other	(7)	(12)
Net cash used in financing activities	(13,053)	(13,800)
Net change in cash and cash equivalents	(361)	(2,186)
Cash and cash equivalents at beginning of period	12,416	12,163
Cash and cash equivalents at end of period	$ 12,055	$ 9,977

Condensed Consolidated Statem_4

Condensed Consolidated Statement of Stockholders' Equity - USD ($) shares in Millions, $ in Millions	Total	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Shares, Outstanding, Beginning Balance at Oct. 31, 2021		4	413
Beginning Balance at Oct. 31, 2021	$ 24,962	$ 0	$ 0	$ 24,330	$ 748	$ (116)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	2,472				2,472
Other comprehensive income (loss), net of tax	1					1
Adjustments to additional paid in capital, Dividends in excess of retained earnings				0
Dividends to common stockholders	(1,689)				(1,689)
Dividends to preferred stockholders	(74)				(74)
Common stock issued, Shares			2
Common stock issued, Value	1		$ 0	1
Stock-based compensation	387			387
Repurchases of common stock, Shares			(4)
Repurchases of common stock, Value	(2,724)		$ 0	(1,267)	(1,457)
Shares repurchased for tax withholdings upon vesting of equity awards, Shares			(1)
Shares repurchased for tax withholdings upon vesting of equity awards, Value	(368)		$ 0	(368)
Shares, Outstanding, Ending Balance at Jan. 30, 2022		4	410
Ending Balance at Jan. 30, 2022	22,968	$ 0	$ 0	23,083	0	(115)
Shares, Outstanding, Beginning Balance at Oct. 31, 2021		4	413
Beginning Balance at Oct. 31, 2021	24,962	$ 0	$ 0	24,330	748	(116)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	8,136
Other comprehensive income (loss), net of tax	$ 2
Repurchases of common stock, Shares	(12)
Shares, Outstanding, Ending Balance at Jul. 31, 2022		4	405
Ending Balance at Jul. 31, 2022	$ 20,876	$ 0	$ 0	20,990	0	(114)
Shares, Outstanding, Beginning Balance at Jan. 30, 2022		4	410
Beginning Balance at Jan. 30, 2022	22,968	$ 0	$ 0	23,083	0	(115)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	2,590				2,590
Fair value of partially vested equity awards assumed in connection with an acquisition	4			4
Adjustments to additional paid in capital, Dividends in excess of retained earnings				0
Dividends to common stockholders	(1,676)				(1,676)
Dividends to preferred stockholders	(75)				(75)
Common stock issued, Shares			2
Common stock issued, Value	59		$ 0	59
Stock-based compensation	386			386
Repurchases of common stock, Shares			(5)
Repurchases of common stock, Value	(2,776)		$ 0	(1,937)	(839)
Shares repurchased for tax withholdings upon vesting of equity awards, Shares			(1)
Shares repurchased for tax withholdings upon vesting of equity awards, Value	(517)		$ 0	(517)
Shares, Outstanding, Ending Balance at May. 01, 2022		4	406
Ending Balance at May. 01, 2022	20,963	$ 0	$ 0	21,078	0	(115)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,074				3,074
Other comprehensive income (loss), net of tax	1					1
Adjustments to additional paid in capital, Dividends in excess of retained earnings				(50)
Dividends to common stockholders	(1,661)				(1,611)
Dividends to preferred stockholders	(75)				(75)
Common stock issued, Shares			2
Common stock issued, Value	0		$ 0	0
Stock-based compensation	$ 373			373
Repurchases of common stock, Shares	(3)		(3)
Repurchases of common stock, Value	$ (1,500)		$ 0	(112)	(1,388)
Shares repurchased for tax withholdings upon vesting of equity awards, Shares			0
Shares repurchased for tax withholdings upon vesting of equity awards, Value	(299)		$ 0	(299)
Shares, Outstanding, Ending Balance at Jul. 31, 2022		4	405
Ending Balance at Jul. 31, 2022	20,876	$ 0	$ 0	20,990	0	(114)
Shares, Outstanding, Beginning Balance at Oct. 30, 2022			418
Beginning Balance at Oct. 30, 2022	22,709		$ 0	21,159	1,604	(54)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,774				3,774
Other comprehensive income (loss), net of tax	(126)					(126)
Adjustments to additional paid in capital, Dividends in excess of retained earnings				0
Dividends to common stockholders	(1,926)				(1,926)
Common stock issued, Shares			2
Common stock issued, Value	0		$ 0	0
Stock-based compensation	391			391
Repurchases of common stock, Shares			(2)
Repurchases of common stock, Value	(1,188)		$ 0	(107)	(1,081)
Shares repurchased for tax withholdings upon vesting of equity awards, Shares			(1)
Shares repurchased for tax withholdings upon vesting of equity awards, Value	(324)		$ 0	(324)
Shares, Outstanding, Ending Balance at Jan. 29, 2023			417
Ending Balance at Jan. 29, 2023	23,310		$ 0	21,119	2,371	(180)
Shares, Outstanding, Beginning Balance at Oct. 30, 2022			418
Beginning Balance at Oct. 30, 2022	22,709		$ 0	21,159	1,604	(54)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	10,558
Other comprehensive income (loss), net of tax	$ 100
Repurchases of common stock, Shares	(9)
Shares, Outstanding, Ending Balance at Jul. 30, 2023			413
Ending Balance at Jul. 30, 2023	$ 22,079		$ 0	20,855	1,178	46
Shares, Outstanding, Beginning Balance at Jan. 29, 2023			417
Beginning Balance at Jan. 29, 2023	23,310		$ 0	21,119	2,371	(180)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,481				3,481
Other comprehensive income (loss), net of tax	(2)					(2)
Adjustments to additional paid in capital, Dividends in excess of retained earnings				0
Dividends to common stockholders	(1,914)				(1,914)
Common stock issued, Shares			3
Common stock issued, Value	63		$ 0	63
Stock-based compensation	513			513
Repurchases of common stock, Shares			(5)
Repurchases of common stock, Value	(2,823)		$ 0	(248)	(2,575)
Shares repurchased for tax withholdings upon vesting of equity awards, Shares			(1)
Shares repurchased for tax withholdings upon vesting of equity awards, Value	(621)		$ 0	(621)
Shares, Outstanding, Ending Balance at Apr. 30, 2023			414
Ending Balance at Apr. 30, 2023	22,007		$ 0	20,826	1,363	(182)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,303				3,303
Other comprehensive income (loss), net of tax	228					228
Adjustments to additional paid in capital, Dividends in excess of retained earnings				0
Dividends to common stockholders	(1,901)				(1,901)
Common stock issued, Shares			1
Common stock issued, Value	0		$ 0	0
Stock-based compensation	$ 629			629
Repurchases of common stock, Shares	(2)		(2)
Repurchases of common stock, Value	$ (1,714)		$ 0	(127)	(1,587)
Shares repurchased for tax withholdings upon vesting of equity awards, Shares			0
Shares repurchased for tax withholdings upon vesting of equity awards, Value	(473)		$ 0	(473)
Shares, Outstanding, Ending Balance at Jul. 30, 2023			413
Ending Balance at Jul. 30, 2023	$ 22,079		$ 0	$ 20,855	$ 1,178	$ 46

Condensed Consolidated Statem_5

Condensed Consolidated Statement of Stockholders' Equity - Unaudited Parenthetical shares in Millions	9 Months Ended
	Jul. 31, 2022
Preferred Stock
Preferred Stock, Dividend Rate, Percentage	8%

Overview, Basis of Presentation

Overview, Basis of Presentation and Significant Accounting Policies	9 Months Ended
	Jul. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Overview, Basis of Presentation and Significant Accounting Policies	Overview, Basis of Presentation and Significant Accounting Policies Overview Broadcom Inc. (“Broadcom”), a Delaware corporation, is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. We develop semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products. We have a history of innovation in the semiconductor industry and offer thousands of products that are used in end products such as enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Our infrastructure software solutions enable customers to plan, develop, automate, manage and secure applications across mainframe, distributed, mobile and cloud platforms. Our portfolio of infrastructure and security software is designed to modernize, optimize, and secure the most complex hybrid environments, enabling scalability, agility, automation, insights, resiliency and security. We also offer mission critical fibre channel storage area networking (“FC SAN”) products and related software in the form of modules, switches and subsystems incorporating multiple semiconductor products. Unless stated otherwise or the context otherwise requires, references to “Broadcom,” “we,” “our,” and “us” mean Broadcom and its consolidated subsidiaries. We have two reportable segments: semiconductor solutions and infrastructure software. Basis of Presentation We operate on a 52- or 53-week fiscal year ending on the Sunday closest to October 31 in a 52-week year and the first Sunday in November in a 53-week year. Our fiscal year ending October 29, 2023 (“fiscal year 2023”) is a 52-week fiscal year. The first quarter of our fiscal year 2023 ended on January 29, 2023, the second quarter ended on April 30, 2023 and the third quarter ended on July 30, 2023. Our fiscal year ended October 30, 2022 (“fiscal year 2022”) was also a 52-week fiscal year. The accompanying condensed consolidated financial statements include the accounts of Broadcom and its subsidiaries, and have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information. The financial information included herein is unaudited, and reflects all adjustments which are, in the opinion of our management, of a normal recurring nature and necessary for a fair statement of the results for the periods presented. The October 30, 2022 condensed consolidated balance sheet data were derived from Broadcom’s audited consolidated financial statements included in its Annual Report on Form 10-K for fiscal year 2022 as filed with the Securities and Exchange Commission. All intercompany balances and transactions have been eliminated in consolidation. The operating results for the fiscal quarter ended July 30, 2023 are not necessarily indicative of the results that may be expected for fiscal year 2023, or for any other future period. Significant Accounting Policies Use of estimates. The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates, and such differences could affect the results of operations reported in future periods.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	9 Months Ended
	Jul. 30, 2023
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers We account for a contract with a customer when both parties have approved the contract and are committed to perform their respective obligations, each party’s rights can be identified, payment terms can be identified, the contract has commercial substance, and it is probable that we will collect substantially all of the consideration to which we are entitled. Revenue is recognized when, or as, performance obligations are satisfied by transferring control of a promised product or service to a customer. Disaggregation We have considered (1) information that is regularly reviewed by our Chief Executive Officer, who has been identified as the chief operating decision maker (the “CODM”) as defined by the authoritative guidance on segment reporting, in evaluating financial performance and (2) disclosures presented outside of our financial statements in our earnings releases and used in investor presentations to disaggregate revenues. The principal category we use to disaggregate revenues is the nature of our products and subscriptions and services, as presented in our condensed consolidated statements of operations. In addition, revenues by reportable segment are presented in Note 10. “Segment Information.” The following tables present revenue disaggregated by type of revenue and by region for the periods presented: Fiscal Quarter Ended July 30, 2023 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 656 $ 5,773 $ 488 $ 6,917 Subscriptions and services (a) 1,433 174 352 1,959 Total $ 2,089 $ 5,947 $ 840 $ 8,876 Fiscal Quarter Ended July 31, 2022 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 645 $ 5,500 $ 482 $ 6,627 Subscriptions and services (a) 1,117 345 375 1,837 Total $ 1,762 $ 5,845 $ 857 $ 8,464 Three Fiscal Quarters Ended July 30, 2023 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 2,045 $ 17,168 $ 1,527 $ 20,740 Subscriptions and services (a) 4,117 500 1,167 5,784 Total $ 6,162 $ 17,668 $ 2,694 $ 26,524 Three Fiscal Quarters Ended July 31, 2022 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 1,851 $ 15,744 $ 1,502 $ 19,097 Subscriptions and services (a) 3,380 598 1,198 5,176 Total $ 5,231 $ 16,342 $ 2,700 $ 24,273 _______________ (a) Subscriptions and services predominantly include software licenses with termination for convenience clauses. Although we recognize revenue for the majority of our products when title and control transfer in Penang, Malaysia, we disclose net revenue by region based primarily on the geographic shipment location or delivery location specified by our distributors, original equipment manufacturer customers, contract manufacturers, channel partners, or software customers. Contract Balances July 30, October 30, (In millions) Contract Assets $ 652 $ 128 Contract Liabilities $ 3,256 $ 3,341 Changes in our contract assets and contract liabilities primarily result from the timing difference between our performance and the customer’s payment. We fulfill our obligations under a contract with a customer by transferring products and services in exchange for consideration from the customer. We recognize a contract asset when we transfer products or services to a customer and the right to consideration is conditional on something other than the passage of time. Accounts receivable are recorded when the customer has been billed or the right to consideration is unconditional. We recognize contract liabilities when we have received consideration or an amount of consideration is due from the customer and we have a future obligation to transfer products or services. Contract liabilities include amounts billed or collected and advanced payments on contracts or arrangements, which may include termination for convenience provisions. The amount of revenue recognized during the three fiscal quarters ended July 30, 2023 that was included in the contract liabilities balance as of October 30, 2022 was $2,677 million. The amount of revenue recognized during the three fiscal quarters ended July 31, 2022 that was included in the contract liabilities balance as of October 31, 2021 was $2,482 million. Remaining Performance Obligations Revenue allocated to remaining performance obligations represents the transaction price allocated to unsatisfied or partially unsatisfied performance obligations. Remaining performance obligations include unearned revenue and amounts that will be invoiced and recognized as revenue in future periods, but do not include contracts for software, subscriptions or services where the customer is not committed. The customer is not considered committed when termination for convenience without payment of a substantive penalty exists, either contractually or through customary business practice. The majority of our customer software contracts include termination for convenience clauses without a substantive penalty and are not considered committed. Additionally, as a practical expedient, we have not included contracts that have an original duration of one year or less, nor have we included contracts with sales-based or usage-based royalties promised in exchange for a license of intellectual property (“IP”). Certain multi-year customer contracts, primarily in our semiconductor solutions segment, contain firmly committed amounts and the remaining performance obligations under these contracts as of July 30, 2023 were approximately $21.4 billion. We expect approximately 27% of this amount to be recognized as revenue over the next 12 months. Although the majority of our software contracts are not deemed to be committed, our customers generally do not exercise their termination for convenience rights. In addition, the majority of our contracts for products, subscriptions and services have a duration of one year or less. Accordingly, our remaining performance obligations disclosed above are not indicative of revenue for future periods .

Pending Acquisition of VMware,

Pending Acquisition of VMware, Inc.	9 Months Ended
	Jul. 30, 2023
Business Combination and Asset Acquisition [Abstract]
Pending Business Combination Disclosure	Pending Acquisition of VMware, Inc. On May 26, 2022, we entered into an Agreement and Plan of Merger (the “VMware Merger Agreement”) to acquire all of the outstanding shares of VMware, Inc. (“VMware”) in a cash-and-stock transaction (the “VMware Merger”) that values VMware at approximately $61 billion based on the closing price of Broadcom common stock on May 25, 2022. We will also assume VMware’s closing date outstanding debt. Under the terms of the VMware Merger Agreement, each share of VMware common stock issued and outstanding immediately prior to the effective time of the VMware Merger will be indirectly converted into the right to receive, at the election of the holder of such share of VMware common stock, either $142.50 in cash, without interest, or 0.2520 shares of Broadcom common stock. The stockholder election will be subject to proration, such that the total number of shares of VMware common stock entitled to receive cash and the total number of shares of VMware common stock entitled to receive Broadcom common stock, will, in each case, be equal to 50% of the aggregate number of shares of VMware common stock issued and outstanding immediately prior to the effective time of the VMware Merger. We will assume all outstanding VMware restricted stock unit (“RSU”) awards and performance stock unit awards held by continuing employees. The assumed awards will be converted into RSU awards for shares of Broadcom common stock. All outstanding in-the-money VMware stock options and RSU awards held by non-employee directors will be accelerated and converted into the right to receive cash and shares of Broadcom common stock, in equal parts. Effective upon the effective time of the VMware Merger, one member of the VMware Board of Directors, to be mutually agreed by us and VMware, will be added to our Board of Directors. In connection with the execution of the VMware Merger Agreement, we entered into a commitment letter on May 26, 2022, with certain financial institutions that committed to provide, subject to the terms and conditions of the commitment letter, a senior unsecured bridge facility in an aggregate principal amount of $32 billion. In connection with our entry into the 2023 Credit Agreement as discussed below, we terminated this commitment letter. The VMware Merger, which is expected to be completed on October 30, 2023, is subject to satisfaction or waiver of customary closing conditions, including clearance under the antitrust laws of certain jurisdictions. On October 3, 2022, we registered approximately 59 million shares of our common stock. On November 4, 2022, VMware stockholders adopted the VMware Merger Agreement. We and VMware each have termination rights under the VMware Merger Agreement and, under specified circumstances, upon termination of the agreement, we and VMware would be required to pay the other a termination fee of $1.5 billion. 2023 Term Loans On August 15, 2023, we entered into a credit agreement (the “2023 Credit Agreement”), which provides us with the ability to borrow up to $28,390 million of term loan commitments (the “2023 Term Facilities”) in connection with the VMware Merger. The 2023 Term Facilities consist of a $10,695 million unsecured term A-2 facility, a $10,695 million unsecured term A-3 facility, and a $7,000 million unsecured term A-5 facility. The funding of the 2023 Term Facilities is dependent on the closing of the VMware Merger, and may be increased by up to $2,000 million.

Supplemental Financial Informat

Supplemental Financial Information	9 Months Ended
	Jul. 30, 2023
Disclosure Text Block Supplement [Abstract]
Supplemental Financial Information	Supplemental Financial Information Cash Equivalents Cash equivalents included $2,921 million and $3,915 million of time deposits and $2,241 million and $2,365 million of money-market funds as of July 30, 2023 and October 30, 2022, respectively. For time deposits, carrying value approximates fair value due to the short-term nature of the instruments. The fair value of money-market funds, which was consistent with their carrying value, was determined using unadjusted prices in active, accessible markets for identical assets, and as such, they were classified as Level 1 assets in the fair value hierarchy. Accounts Receivable Factoring We sell certain of our trade accounts receivable on a non-recourse basis to third-party financial institutions pursuant to factoring arrangements. We account for these transactions as sales of receivables and present cash proceeds as cash provided by operating activities in the condensed consolidated statements of cash flows. Total trade accounts receivable sold under the factoring arrangements were $900 million and $2,825 million during the fiscal quarter and three fiscal quarters ended July 30, 2023, respectively, and $900 million and $3,000 million during the fiscal quarter and three fiscal quarters ended July 31, 2022, respectively. Factoring fees for the sales of receivables were recorded in other income (expense), net and were not material for any of the periods presented. Inventory July 30, October 30, (In millions) Finished goods $ 581 $ 780 Work-in-process 938 966 Raw materials 323 179 Total inventory $ 1,842 $ 1,925 Other Current Assets July 30, October 30, (In millions) Prepaid expenses $ 433 $ 864 Other 1,089 341 Total other current assets $ 1,522 $ 1,205 Other Current Liabilities July 30, October 30, (In millions) Contract liabilities $ 2,941 $ 2,931 Tax liabilities 515 680 Interest payable 406 393 Other 541 408 Total other current liabilities $ 4,403 $ 4,412 Other Long-Term Liabilities July 30, October 30, (In millions) Unrecognized tax benefits $ 2,885 $ 3,229 Other 1,064 1,184 Total other long-term liabilities $ 3,949 $ 4,413 Supplemental Cash Flow Information Fiscal Quarter Ended Three Fiscal Quarters Ended July 30, July 31, July 30, July 31, (In millions) Cash paid for interest $ 348 $ 290 $ 1,106 $ 989 Cash paid for income taxes $ 427 $ 231 $ 1,591 $ 657 Derivative Instruments During the fiscal quarter ended January 29, 2023 and fiscal year 2022, we entered into treasury rate lock contracts with original maturities of approximately one year to hedge variability of cash flows due to changes in the benchmark interest rate of anticipated future debt issuances. These treasury rate lock contracts are designated and accounted for as cash flow hedging instruments. As of July 30, 2023 and October 30, 2022, the total notional amounts of these contracts were $5.5 billion and $1.3 billion, respectively. As of July 30, 2023, the fair value of $175 million was recorded in other current assets. As of October 30, 2022, the fair value of $47 million was recorded in other long-term assets. The change in fair value was recorded as a component of other comprehensive income, net of tax, in our condensed consolidated statements of comprehensive income. In August 2023, we early settled all treasury rate lock contracts for a cumulative gain of $371 million.

Intangible Assets

Intangible Assets	9 Months Ended
	Jul. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Intangible Assets Gross Carrying Accumulated Net Book (In millions) As of July 30, 2023: Purchased technology $ 19,456 $ (16,828) $ 2,628 Customer contracts and related relationships 7,059 (5,447) 1,612 Order backlog 484 (458) 26 Trade names 699 (421) 278 Other 174 (93) 81 Intangible assets subject to amortization 27,872 (23,247) 4,625 In-process research and development 29 — 29 Total $ 27,901 $ (23,247) $ 4,654 As of October 30, 2022: Purchased technology $ 19,450 $ (15,422) $ 4,028 Customer contracts and related relationships 7,066 (4,535) 2,531 Order backlog 484 (382) 102 Trade names 700 (372) 328 Other 174 (81) 93 Intangible assets subject to amortization 27,874 (20,792) 7,082 In-process research and development 29 — 29 Total $ 27,903 $ (20,792) $ 7,111 Based on the amount of intangible assets subject to amortization as of July 30, 2023, the expected amortization expense was as follows: Fiscal Year: Expected Amortization Expense (In millions) 2023 (remainder) $ 789 2024 2,389 2025 682 2026 345 2027 218 Thereafter 202 Total $ 4,625 The weighted-average remaining amortization periods by intangible asset category were as follows: Amortizable intangible assets: July 30, (In years) Purchased technology 3 Customer contracts and related relationships 2 Trade names 8 Other 8 The weighted-average remaining amortization period of order backlog was less than one year.

Net Income Per Share

Net Income Per Share	9 Months Ended
	Jul. 30, 2023
Earnings Per Share [Abstract]
Net Income Per Share	Net Income Per Share Basic net income per share is computed by dividing net income attributable to common stock by the weighted-average number of shares of common stock outstanding during the period. Diluted net income per share is computed by dividing net income by the weighted-average number of shares of common stock and potentially dilutive shares of common stock outstanding during the period. Potentially dilutive shares outstanding include the dilutive effect of unvested RSUs and employee stock purchase plan (“ESPP”) rights, (collectively referred to as “equity awards”), as well as 8.00% Mandatory Convertible Preferred Stock, Series A, $0.001 par value per share (“Mandatory Convertible Preferred Stock”), which was all converted into shares of our common stock before the end of fiscal year 2022. Potentially dilutive shares whose effect would have been antidilutive are excluded from the computation of diluted net income per share. The dilutive effect of equity awards is calculated based on the average stock price for each fiscal period, using the treasury stock method. Under the treasury stock method, the amount the employee must pay for purchasing shares under the ESPP and the amount of stock-based compensation expense for future service that we have not yet recognized are collectively assumed to be used to repurchase shares. The dilutive effect of Mandatory Convertible Preferred Stock is calculated using the if-converted method. The if-converted method assumes that these securities were converted at the beginning of the reporting period to the extent that the effect is dilutive. The following is a reconciliation of the numerators and denominators of the basic and diluted net income per share computations for the periods presented: Fiscal Quarter Ended Three Fiscal Quarters Ended July 30, July 31, July 30, July 31, (In millions, except per share data) Numerator: Net income $ 3,303 $ 3,074 $ 10,558 $ 8,136 Dividends on preferred stock — (75) — (224) Net income attributable to common stock $ 3,303 $ 2,999 $ 10,558 $ 7,912 Denominator: Weighted-average shares outstanding - basic 413 405 415 408 Dilutive effect of equity awards 14 13 12 15 Dilutive effect of Mandatory Convertible Preferred Stock — 12 — 12 Weighted-average shares outstanding - diluted 427 430 427 435 Net income per share attributable to common stock: Basic $ 8.00 $ 7.40 $ 25.44 $ 19.39 Diluted $ 7.74 $ 7.15 $ 24.73 $ 18.70

Borrowings

Borrowings	9 Months Ended
	Jul. 30, 2023
Debt Disclosure [Abstract]
Borrowings	Borrowings Effective Interest Rate July 30, October 30, (Dollars in millions) April 2022 Senior Notes - fixed rate 4.000% notes due April 2029 4.17 % $ 750 $ 750 4.150% notes due April 2032 4.30 % 1,200 1,200 4.926% notes due May 2037 5.33 % 2,500 2,500 4,450 4,450 September 2021 Senior Notes - fixed rate 3.137% notes due November 2035 4.23 % 3,250 3,250 3.187% notes due November 2036 4.79 % 2,750 2,750 6,000 6,000 March 2021 Senior Notes - fixed rate 3.419% notes due April 2033 4.66 % 2,250 2,250 3.469% notes due April 2034 4.63 % 3,250 3,250 5,500 5,500 January 2021 Senior Notes - fixed rate 1.950% notes due February 2028 2.10 % 750 750 2.450% notes due February 2031 2.56 % 2,750 2,750 2.600% notes due February 2033 2.70 % 1,750 1,750 3.500% notes due February 2041 3.60 % 3,000 3,000 3.750% notes due February 2051 3.84 % 1,750 1,750 10,000 10,000 June 2020 Senior Notes - fixed rate 3.459% notes due September 2026 4.19 % 752 752 4.110% notes due September 2028 5.02 % 1,118 1,118 1,870 1,870 May 2020 Senior Notes - fixed rate 2.250% notes due November 2023 2.40 % 105 105 3.150% notes due November 2025 3.29 % 900 900 4.150% notes due November 2030 4.27 % 1,856 1,856 4.300% notes due November 2032 4.39 % 2,000 2,000 4,861 4,861 April 2020 Senior Notes - fixed rate 5.000% notes due April 2030 5.18 % 606 606 April 2019 Senior Notes - fixed rate 3.625% notes due October 2024 3.98 % 622 622 4.750% notes due April 2029 4.95 % 1,655 1,655 2,277 2,277 2017 Senior Notes - fixed rate 2.650% notes due January 2023 2.78 % — 260 3.625% notes due January 2024 3.74 % 829 829 3.125% notes due January 2025 3.23 % 495 495 3.875% notes due January 2027 4.02 % 2,922 2,922 Effective Interest Rate July 30, October 30, (Dollars in millions) 3.500% notes due January 2028 3.60 % 777 777 5,023 5,283 Assumed CA Senior Notes - fixed rate 4.500% notes due August 2023 4.10 % 143 143 4.700% notes due March 2027 5.15 % 215 215 358 358 Other senior notes - fixed rate 3.500% notes due August 2024 3.55 % 7 7 4.500% notes due August 2034 4.55 % 6 6 13 13 Total principal amount outstanding $ 40,958 $ 41,218 Current portion of principal amount outstanding $ 1,077 $ 403 Short-term finance lease liabilities 42 37 Total current portion of long-term debt $ 1,119 $ 440 Non-current portion of principal amount outstanding $ 39,881 $ 40,815 Long-term finance lease liabilities 8 22 Unamortized discount and issuance costs (1,667) (1,762) Total long-term debt $ 38,222 $ 39,075 2021 Credit Agreement In January 2021, we entered into a credit agreement (the “2021 Credit Agreement”), which provides for a five-year $7.5 billion unsecured revolving credit facility, of which $500 million is available for the issuance of multi-currency letters of credit. The issuance of letters of credit and certain other instruments would reduce the aggregate amount otherwise available under our revolving credit facility for revolving loans. Subject to the terms of the 2021 Credit Agreement, we are permitted to borrow, repay and reborrow revolving loans at any time prior to the earlier of (a) January 19, 2026 and (b) the date of termination in whole of the revolving lenders’ commitments under the 2021 Credit Agreement. We had no borrowings outstanding under our revolving credit facility at either July 30, 2023 or October 30, 2022. Commercial Paper In February 2019, we established a commercial paper program pursuant to which we may issue unsecured commercial paper notes (“Commercial Paper”) in principal amount of up to $2 billion outstanding at any time with maturities of up to 397 days from the date of issue. Commercial Paper is sold under customary terms in the commercial paper market and may be issued at a discount from par or, alternatively, may be sold at par and bear interest at rates dictated by market conditions at the time of their issuance. The discount associated with the Commercial Paper is amortized to interest expense over its term. Outstanding Commercial Paper reduces the amount that would otherwise be available to borrow for general corporate purposes under our revolving credit facility. We had no Commercial Paper outstanding at either July 30, 2023 or October 30, 2022. Fair Value of Debt As of July 30, 2023, the estimated aggregate fair value of debt was $35,072 million. The fair value of our senior notes was determined using quoted prices from less active markets. All of our debt obligations are categorized as Level 2 instruments. Future Principal Payments of Debt The future scheduled principal payments of debt as of July 30, 2023 were as follows: Fiscal Year: Future Scheduled Principal Payments (In millions) 2023 (remainder) $ 143 2024 1,563 2025 495 2026 1,652 2027 3,137 Thereafter 33,968 Total $ 40,958 As of July 30, 2023 and October 30, 2022, we were in compliance with all debt covenants.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Jul. 30, 2023
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity Cash Dividends Declared and Paid Fiscal Quarter Ended Three Fiscal Quarters Ended July 30, July 31, July 30, July 31, (In millions, except per share data) Dividends per share to common stockholders $ 4.60 $ 4.10 $ 13.80 $ 12.30 Dividends to common stockholders $ 1,901 $ 1,661 $ 5,741 $ 5,026 Dividends per share to preferred stockholders $ — $ 20.00 $ — $ 60.00 Dividends to preferred stockholders $ — $ 75 $ — $ 224 On September 30, 2019, we issued approximately 4 million shares of Mandatory Convertible Preferred Stock, which were all converted into shares of our common stock before the end of fiscal year 2022. Stock Repurchase Programs In December 2021, our Board of Directors authorized a stock repurchase program to repurchase up to $10 billion of our common stock from time to time through December 31, 2022, which was subsequently extended to December 31, 2023. In May 2022, our Board of Directors authorized another stock repurchase program to repurchase up to an additional $10 billion of our common stock from time to time through December 31, 2023. We repurchased and retired approximately 2 million and 9 million shares of our common stock for $1,707 million and $5,701 million during the fiscal quarter and three fiscal quarters ended July 30, 2023, respectively, and approximately 3 million and 12 million shares of our common stock for $1,500 million and $7,000 million during the fiscal quarter and three fiscal quarters ended July 31, 2022, respectively, under these stock repurchase programs. Repurchases under our stock repurchase programs may be effected through a variety of methods, including open market or privately negotiated purchases. The timing and amount of shares repurchased will depend on the stock price, business and market conditions, corporate and regulatory requirements, alternative investment opportunities, acquisition opportunities, and other factors. We are not obligated to repurchase any specific amount of shares of common stock, and the stock repurchase programs may be suspended or terminated at any time. Stock-Based Compensation Expense Fiscal Quarter Ended Three Fiscal Quarters Ended July 30, July 31, July 30, July 31, (In millions) Cost of products sold $ 25 $ 15 $ 63 $ 49 Cost of subscriptions and services 36 22 85 60 Research and development 444 259 1,065 788 Selling, general and administrative 124 77 320 249 Total stock-based compensation expense $ 629 $ 373 $ 1,533 $ 1,146 As of July 30, 2023, the total unrecognized compensation cost related to unvested stock-based awards was $6,878 million, which is expected to be recognized over the remaining weighted-average service period of 3.6 years. Equity Incentive Award Plans A summary of time- and market-based RSU activity is as follows: Number of RSUs Weighted-Average (In millions, except per share data) Balance as of October 30, 2022 18 $ 238.49 Granted 12 $ 516.85 Vested (6) $ 248.02 Forfeited (1) $ 286.21 Balance as of July 30, 2023 23 $ 381.67 The aggregate fair value of time- and market-based RSUs that vested during the three fiscal quarters ended July 30, 2023 was $4,036 million, which represented the market value of our common stock on the date that the RSUs vested. The number of RSUs vested included shares of common stock that we withheld for settlement of employees’ tax obligations due upon the vesting of RSUs.

Income Taxes

Income Taxes	9 Months Ended
	Jul. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The provision for income taxes was $271 million and $572 million for the fiscal quarter and three fiscal quarters ended July 30, 2023, respectively, compared to $263 million and $678 million for the fiscal quarter and three fiscal quarters ended July 31, 2022, respectively. The increase in the provision for income taxes in the fiscal quarter ended July 30, 2023, as compared to the prior year fiscal period, was primarily due to higher income before income taxes, substantially offset by an increase in excess tax benefits from stock-based awards. The decrease in the provision for income taxes in the three fiscal quarters ended July 30, 2023, as compared to the prior year fiscal period, was primarily due to an increase in the recognition of uncertain tax benefits as a result of lapses of statutes of limitations and an increase in excess tax benefits from stock-based awards, partially offset by higher income before income taxes. As of July 30, 2023, we had $5,491 million of gross unrecognized tax benefits and accrued interest and penalties. It is possible that our existing unrecognized tax benefits may change up to $427 million within the next 12 months as a result of lapses of statutes of limitations for certain audit periods, anticipated closures of audit examinations and changes in balances related to tax positions to be taken during the current fiscal year.

Segment Information

Segment Information	9 Months Ended
	Jul. 30, 2023
Segment Reporting [Abstract]
Segment Information	Segment Information Reportable Segments We have two reportable segments: semiconductor solutions and infrastructure software. Each segment has separate financial information that is utilized on a regular basis by the CODM in determining how to allocate resources and evaluate performance. The reportable segments are determined based on several factors including, but not limited to, customer base, homogeneity of products, technology, delivery channels and similar economic characteristics. Semiconductor solutions . We provide semiconductor solutions for managing the movement of data in data center, service provider, enterprise and embedded networking applications. We provide a broad variety of radio frequency semiconductor devices, wireless connectivity solutions, custom touch controllers, and inductive charging solutions for mobile applications. We also provide semiconductor solutions for enabling the set-top box and broadband access markets and for enabling secure movement of digital data to and from host machines, such as servers, personal computers and storage systems, to the underlying storage devices, such as hard disk drives and solid state drives. We also provide a broad variety of products for the general industrial and automotive markets. Our semiconductor solutions segment also includes our IP licensing. Infrastructure software. We provide a portfolio of software solutions that enables customers to plan, develop, automate, manage and secure applications across mainframe, distributed, mobile and cloud platforms. Our portfolio of infrastructure and security software is designed to modernize, optimize, and secure the most complex hybrid environments, enabling scalability, agility, automation, insights, resiliency and security. We also offer mission critical FC SAN products and related software. Our CODM assesses the performance of each segment and allocates resources to each segment based on net revenue and operating results and does not evaluate each segment using discrete asset information. Operating results by segment include items that are directly attributable to each segment and also include shared expenses such as marketing, general and administrative activities, facilities and information technology (“IT”) expenses. Shared expenses are primarily allocated based on revenue and headcount. Unallocated Expenses Unallocated expenses include amortization of acquisition-related intangible assets, stock-based compensation expense, restructuring and other charges, acquisition-related costs, and other costs, which are not used in evaluating the results of, or in allocating resources to, our segments. Acquisition-related costs include transaction costs and any costs directly related to the acquisition and integration of acquired businesses. Depreciation expense directly attributable to each reportable segment is included in the operating results of each segment. However, the CODM does not evaluate depreciation expense by operating segment and, therefore, it is not separately presented. There was no inter-segment revenue for any of the periods presented. The accounting policies of the segments are the same as those described in the “Summary of Significant Accounting Policies” included in the Annual Report on Form 10-K for fiscal year 2022. Fiscal Quarter Ended Three Fiscal Quarters Ended July 30, July 31, July 30, July 31, (In millions) Net revenue: Semiconductor solutions $ 6,941 $ 6,624 $ 20,856 $ 18,726 Infrastructure software 1,935 1,840 5,668 5,547 Total net revenue $ 8,876 $ 8,464 $ 26,524 $ 24,273 Operating income: Semiconductor solutions $ 4,092 $ 3,916 $ 12,215 $ 10,891 Infrastructure software 1,444 1,283 4,163 3,903 Unallocated expenses (1,680) (1,462) (4,411) (4,555) Total operating income $ 3,856 $ 3,737 $ 11,967 $ 10,239

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Jul. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments The following table summarizes contractual obligations and commitments as of July 30, 2023: Fiscal Year: Purchase Commitments Other Contractual Commitments (In millions) 2023 (remainder) $ 35 $ 81 2024 254 306 2025 153 223 2026 9 232 2027 7 175 Thereafter 7 478 Total $ 465 $ 1,495 Purchase Commitments. Represent unconditional purchase obligations to purchase goods or services, primarily inventory, that are enforceable and legally binding on us and specify all significant terms, including fixed or minimum quantities to be purchased, price provisions, and the approximate timing of the transaction. Purchase obligations exclude agreements that are cancelable without penalty and unconditional purchase obligations with a remaining term of one year or less. Other Contractual Commitments. Represent amounts payable pursuant to agreements related to IT, human resources, and other service agreements. Due to the inherent uncertainty with respect to the timing of future cash outflows associated with our unrecognized tax benefits as of July 30, 2023, we are unable to reliably estimate the timing of cash settlement with the respective taxing authorities. Therefore, $2,885 million of unrecognized tax benefits and accrued interest and penalties as of July 30, 2023 have been excluded from the table above. Contingencies From time to time, we are involved in litigation that we believe is of the type common to companies engaged in our lines of business, including commercial disputes, employment issues, tax disputes and disputes involving claims by third parties that our activities infringe their patent, copyright, trademark or other IP rights, as well as regulatory investigations or inquiries. Legal proceedings and regulatory investigations or inquiries are often complex, may require the expenditure of significant funds and other resources, and the outcomes of such proceedings are inherently uncertain, with material adverse outcomes possible. IP property claims generally involve the demand by a third-party that we cease the manufacture, use or sale of the allegedly infringing products, processes or technologies and/or pay substantial damages or royalties for past, present and future use of the allegedly infringing IP. Claims that our products or processes infringe or misappropriate any third-party IP rights (including claims arising through our contractual indemnification of our customers) often involve highly complex, technical issues, the outcome of which is inherently uncertain. Moreover, from time to time, we pursue litigation to assert our IP rights. Regardless of the merit or resolution of any such litigation, complex IP litigation is generally costly and diverts the efforts and attention of our management and technical personnel. Lawsuits Relating to California Institute of Technology California Institute of Technology (“Caltech“) filed a complaint against Broadcom and Apple Inc. on May 26, 2016 in the United States District Court for the Central District of California (the “U.S. Central District Court”), and an amended complaint adding Cypress Semiconductor Corporation as a defendant on August 15, 2016. The amended complaint alleged that chips that support certain error correction codes as specified in IEEE Standards 802.11n and 802.11ac willfully infringed four patents related to error correction coding: U.S. Patent Nos. 7,116,710; 7,421,032; 7,916,781; and 8,284,833 (“’833 patent”). Prior to trial, Caltech dismissed its claims against Cypress and withdrew its infringement allegations as to ‘833 patent. The complaint sought a preliminary and permanent injunction, damages, pre- and post-judgment interest, as well as attorneys’ fees, costs, and expenses. The trial was held in January 2020, and on January 29, 2020, the jury issued its verdict finding infringement and awarding Caltech past damages of $270.2 million from Broadcom and $837.8 million from Apple, for which Apple is seeking indemnification from Broadcom. On August 3, 2020, the U.S. Central District Court issued its judgment, awarding Caltech past damages in the amounts awarded by the jury, as well as pre- and post-judgment interest. Additionally, the U.S. Central District Court awarded Caltech an unspecified amount of ongoing royalties to be determined after the anticipated appeals process is resolved. Neither the jury nor the U.S. Central District Court found willful infringement, which if it had, could have resulted in enhanced damages up to three times the amount awarded. Broadcom and Apple appealed to the United States Court of Appeals for the Federal Circuit (the “Federal Circuit Court”). In February 2022, the Federal Circuit Court affirmed infringement of two patents, both of which expired in August 2020, but it did not address all issues and ordered a new trial on damages and on the infringement of the 7,916,781 patent, which also expired in August 2020. In May 2022, the Federal Circuit Court denied the petition for rehearing filed by Broadcom and Apple, and remanded the case to the U.S. Central District Court. Subsequently, Caltech withdrew its infringement allegations as to the 7,916,781 patent. On July 7, 2023, the parties informed the U.S. Central District Court that they have entered into settlement discussions and requested that the U.S. Central District Court stay the case pending execution of a final settlement agreement. We believe that the evidence and the law do not support the U.S. Central District Court’s findings of infringement. The ultimate outcome of the case has not yet been determined as the U.S. Central District Court has stayed the retrial pending a final settlement agreement and a number of factors could significantly change the assessment of damages. In the fiscal quarter ended July 30, 2023, we accrued our best estimate to restructuring and other charges in the condensed consolidated statements of operations. Other Matters In addition to the matters discussed above, we are currently engaged in a number of legal actions in the ordinary course of our business. Contingency Assessment We do not believe, based on currently available facts and circumstances, that the final outcome of any pending legal proceedings or ongoing regulatory investigations, taken individually or as a whole, will have a material adverse effect on our condensed consolidated financial statements. However, lawsuits may involve complex questions of fact and law and may require the expenditure of significant funds and other resources to defend. The results of litigation or regulatory investigations are inherently uncertain, and material adverse outcomes are possible. From time to time, we may enter into confidential discussions regarding the potential settlement of such lawsuits. Any settlement of pending litigation could require us to incur substantial costs and other ongoing expenses, such as future royalty payments in the case of an IP dispute. During the periods presented, no material amounts have been accrued or disclosed in the accompanying condensed consolidated financial statements with respect to loss contingencies associated with any other legal proceedings or regulatory investigations, as potential losses for such matters are not considered probable and ranges of losses are not reasonably estimable. These matters are subject to many uncertainties and the ultimate outcomes are not predictable. There can be no assurances that the actual amounts required to satisfy any liabilities arising from the matters described above will not have a material adverse effect on our condensed consolidated financial statements. Other Indemnifications As is customary in our industry and as provided for in local law in the U.S. and other jurisdictions, many of our standard contracts provide remedies to our customers and others with whom we enter into contracts, such as defense, settlement, or payment of judgment for IP claims related to the use of our products. From time to time, we indemnify customers, as well as our suppliers, contractors, lessors, lessees, companies that purchase our businesses or assets and others with whom we enter into contracts, against combinations of loss, expense, or liability arising from various triggering events related to the sale and the use of our products, the use of their goods and services, the use of facilities and state of our owned facilities, the state of the assets and businesses that we sell and other matters covered by such contracts, usually up to a specified maximum amount. In addition, from time to time we also provide protection to these parties against claims related to undiscovered liabilities, additional product liabilities or environmental obligations. In our experience, claims made under such indemnifications are rare and the associated estimated fair value of the liability is not material.

Subsequent Events

Subsequent Events	9 Months Ended
	Jul. 30, 2023
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Subsequent Events Cash Dividends Declared On August 30, 2023, our Board of Directors declared a quarterly cash dividend of $4.60 per share on our common stock, payable on September 29, 2023 to stockholders of record on September 21, 2023.

Overview, Basis of Presentati_2

Overview, Basis of Presentation and Significant Accounting Policies (Policies)	9 Months Ended
	Jul. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fiscal periods	We operate on a 52- or 53-week fiscal year ending on the Sunday closest to October 31 in a 52-week year and the first Sunday in November in a 53-week year. Our fiscal year ending October 29, 2023 (“fiscal year 2023”) is a 52-week fiscal year. The first quarter of our fiscal year 2023 ended on January 29, 2023, the second quarter ended on April 30, 2023 and the third quarter ended on July 30, 2023. Our fiscal year ended October 30, 2022 (“fiscal year 2022”) was also a 52-week fiscal year.
Basis of presentation	The accompanying condensed consolidated financial statements include the accounts of Broadcom and its subsidiaries, and have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information. The financial information included herein is unaudited, and reflects all adjustments which are, in the opinion of our management, of a normal recurring nature and necessary for a fair statement of the results for the periods presented. The October 30, 2022 condensed consolidated balance sheet data were derived from Broadcom’s audited consolidated financial statements included in its Annual Report on Form 10-K for fiscal year 2022 as filed with the Securities and Exchange Commission. All intercompany balances and transactions have been eliminated in consolidation. The operating results for the fiscal quarter ended July 30, 2023 are not necessarily indicative of the results that may be expected for fiscal year 2023, or for any other future period.
Use of estimates	Use of estimates. The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates, and such differences could affect the results of operations reported in future periods.
Revenue from Contracts with Customers	We account for a contract with a customer when both parties have approved the contract and are committed to perform their respective obligations, each party’s rights can be identified, payment terms can be identified, the contract has commercial substance, and it is probable that we will collect substantially all of the consideration to which we are entitled. Revenue is recognized when, or as, performance obligations are satisfied by transferring control of a promised product or service to a customer.
Net income per share	Basic net income per share is computed by dividing net income attributable to common stock by the weighted-average number of shares of common stock outstanding during the period. Diluted net income per share is computed by dividing net income by the weighted-average number of shares of common stock and potentially dilutive shares of common stock outstanding during the period. Potentially dilutive shares outstanding include the dilutive effect of unvested RSUs and employee stock purchase plan (“ESPP”) rights, (collectively referred to as “equity awards”), as well as 8.00% Mandatory Convertible Preferred Stock, Series A, $0.001 par value per share (“Mandatory Convertible Preferred Stock”), which was all converted into shares of our common stock before the end of fiscal year 2022. Potentially dilutive shares whose effect would have been antidilutive are excluded from the computation of diluted net income per share. The dilutive effect of equity awards is calculated based on the average stock price for each fiscal period, using the treasury stock method. Under the treasury stock method, the amount the employee must pay for purchasing shares under the ESPP and the amount of stock-based compensation expense for future service that we have not yet recognized are collectively assumed to be used to repurchase shares. The dilutive effect of Mandatory Convertible Preferred Stock is calculated using the if-converted method. The if-converted method assumes that these securities were converted at the beginning of the reporting period to the extent that the effect is dilutive.
Segment reporting	Each segment has separate financial information that is utilized on a regular basis by the CODM in determining how to allocate resources and evaluate performance. The reportable segments are determined based on several factors including, but not limited to, customer base, homogeneity of products, technology, delivery channels and similar economic characteristics.

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	9 Months Ended
	Jul. 30, 2023
Revenue from Contract with Customer [Abstract]
Disaggregation	The following tables present revenue disaggregated by type of revenue and by region for the periods presented: Fiscal Quarter Ended July 30, 2023 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 656 $ 5,773 $ 488 $ 6,917 Subscriptions and services (a) 1,433 174 352 1,959 Total $ 2,089 $ 5,947 $ 840 $ 8,876 Fiscal Quarter Ended July 31, 2022 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 645 $ 5,500 $ 482 $ 6,627 Subscriptions and services (a) 1,117 345 375 1,837 Total $ 1,762 $ 5,845 $ 857 $ 8,464 Three Fiscal Quarters Ended July 30, 2023 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 2,045 $ 17,168 $ 1,527 $ 20,740 Subscriptions and services (a) 4,117 500 1,167 5,784 Total $ 6,162 $ 17,668 $ 2,694 $ 26,524 Three Fiscal Quarters Ended July 31, 2022 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 1,851 $ 15,744 $ 1,502 $ 19,097 Subscriptions and services (a) 3,380 598 1,198 5,176 Total $ 5,231 $ 16,342 $ 2,700 $ 24,273 _______________ (a) Subscriptions and services predominantly include software licenses with termination for convenience clauses.
Contract balances	July 30, October 30, (In millions) Contract Assets $ 652 $ 128 Contract Liabilities $ 3,256 $ 3,341

Supplemental Financial Inform_2

Supplemental Financial Information (Tables)	9 Months Ended
	Jul. 30, 2023
Disclosure Text Block Supplement [Abstract]
Summary of Inventory	July 30, October 30, (In millions) Finished goods $ 581 $ 780 Work-in-process 938 966 Raw materials 323 179 Total inventory $ 1,842 $ 1,925
Summary of Other Current Assets	July 30, October 30, (In millions) Prepaid expenses $ 433 $ 864 Other 1,089 341 Total other current assets $ 1,522 $ 1,205
Summary of Other Current Liabilities	July 30, October 30, (In millions) Contract liabilities $ 2,941 $ 2,931 Tax liabilities 515 680 Interest payable 406 393 Other 541 408 Total other current liabilities $ 4,403 $ 4,412
Summary of Other Long-Term Liabilities	July 30, October 30, (In millions) Unrecognized tax benefits $ 2,885 $ 3,229 Other 1,064 1,184 Total other long-term liabilities $ 3,949 $ 4,413
Schedule of Cash Flow, Supplemental Disclosures	Fiscal Quarter Ended Three Fiscal Quarters Ended July 30, July 31, July 30, July 31, (In millions) Cash paid for interest $ 348 $ 290 $ 1,106 $ 989 Cash paid for income taxes $ 427 $ 231 $ 1,591 $ 657

Intangible Assets (Tables)

Intangible Assets (Tables)	9 Months Ended
	Jul. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets by Major Class	Gross Carrying Accumulated Net Book (In millions) As of July 30, 2023: Purchased technology $ 19,456 $ (16,828) $ 2,628 Customer contracts and related relationships 7,059 (5,447) 1,612 Order backlog 484 (458) 26 Trade names 699 (421) 278 Other 174 (93) 81 Intangible assets subject to amortization 27,872 (23,247) 4,625 In-process research and development 29 — 29 Total $ 27,901 $ (23,247) $ 4,654 As of October 30, 2022: Purchased technology $ 19,450 $ (15,422) $ 4,028 Customer contracts and related relationships 7,066 (4,535) 2,531 Order backlog 484 (382) 102 Trade names 700 (372) 328 Other 174 (81) 93 Intangible assets subject to amortization 27,874 (20,792) 7,082 In-process research and development 29 — 29 Total $ 27,903 $ (20,792) $ 7,111
Finite-lived Intangible Assets Remaining Amortization Expense	Based on the amount of intangible assets subject to amortization as of July 30, 2023, the expected amortization expense was as follows: Fiscal Year: Expected Amortization Expense (In millions) 2023 (remainder) $ 789 2024 2,389 2025 682 2026 345 2027 218 Thereafter 202 Total $ 4,625
Finite-lived Intangible Assets Remaining Weighted Average Amortization Period	The weighted-average remaining amortization periods by intangible asset category were as follows: Amortizable intangible assets: July 30, (In years) Purchased technology 3 Customer contracts and related relationships 2 Trade names 8 Other 8

Net Income Per Share (Tables)

Net Income Per Share (Tables)	9 Months Ended
	Jul. 30, 2023
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following is a reconciliation of the numerators and denominators of the basic and diluted net income per share computations for the periods presented: Fiscal Quarter Ended Three Fiscal Quarters Ended July 30, July 31, July 30, July 31, (In millions, except per share data) Numerator: Net income $ 3,303 $ 3,074 $ 10,558 $ 8,136 Dividends on preferred stock — (75) — (224) Net income attributable to common stock $ 3,303 $ 2,999 $ 10,558 $ 7,912 Denominator: Weighted-average shares outstanding - basic 413 405 415 408 Dilutive effect of equity awards 14 13 12 15 Dilutive effect of Mandatory Convertible Preferred Stock — 12 — 12 Weighted-average shares outstanding - diluted 427 430 427 435 Net income per share attributable to common stock: Basic $ 8.00 $ 7.40 $ 25.44 $ 19.39 Diluted $ 7.74 $ 7.15 $ 24.73 $ 18.70

Borrowings (Tables)

Borrowings (Tables)	9 Months Ended
	Jul. 30, 2023
Debt Disclosure [Abstract]
Schedule of Debt	Effective Interest Rate July 30, October 30, (Dollars in millions) April 2022 Senior Notes - fixed rate 4.000% notes due April 2029 4.17 % $ 750 $ 750 4.150% notes due April 2032 4.30 % 1,200 1,200 4.926% notes due May 2037 5.33 % 2,500 2,500 4,450 4,450 September 2021 Senior Notes - fixed rate 3.137% notes due November 2035 4.23 % 3,250 3,250 3.187% notes due November 2036 4.79 % 2,750 2,750 6,000 6,000 March 2021 Senior Notes - fixed rate 3.419% notes due April 2033 4.66 % 2,250 2,250 3.469% notes due April 2034 4.63 % 3,250 3,250 5,500 5,500 January 2021 Senior Notes - fixed rate 1.950% notes due February 2028 2.10 % 750 750 2.450% notes due February 2031 2.56 % 2,750 2,750 2.600% notes due February 2033 2.70 % 1,750 1,750 3.500% notes due February 2041 3.60 % 3,000 3,000 3.750% notes due February 2051 3.84 % 1,750 1,750 10,000 10,000 June 2020 Senior Notes - fixed rate 3.459% notes due September 2026 4.19 % 752 752 4.110% notes due September 2028 5.02 % 1,118 1,118 1,870 1,870 May 2020 Senior Notes - fixed rate 2.250% notes due November 2023 2.40 % 105 105 3.150% notes due November 2025 3.29 % 900 900 4.150% notes due November 2030 4.27 % 1,856 1,856 4.300% notes due November 2032 4.39 % 2,000 2,000 4,861 4,861 April 2020 Senior Notes - fixed rate 5.000% notes due April 2030 5.18 % 606 606 April 2019 Senior Notes - fixed rate 3.625% notes due October 2024 3.98 % 622 622 4.750% notes due April 2029 4.95 % 1,655 1,655 2,277 2,277 2017 Senior Notes - fixed rate 2.650% notes due January 2023 2.78 % — 260 3.625% notes due January 2024 3.74 % 829 829 3.125% notes due January 2025 3.23 % 495 495 3.875% notes due January 2027 4.02 % 2,922 2,922 Effective Interest Rate July 30, October 30, (Dollars in millions) 3.500% notes due January 2028 3.60 % 777 777 5,023 5,283 Assumed CA Senior Notes - fixed rate 4.500% notes due August 2023 4.10 % 143 143 4.700% notes due March 2027 5.15 % 215 215 358 358 Other senior notes - fixed rate 3.500% notes due August 2024 3.55 % 7 7 4.500% notes due August 2034 4.55 % 6 6 13 13 Total principal amount outstanding $ 40,958 $ 41,218 Current portion of principal amount outstanding $ 1,077 $ 403 Short-term finance lease liabilities 42 37 Total current portion of long-term debt $ 1,119 $ 440 Non-current portion of principal amount outstanding $ 39,881 $ 40,815 Long-term finance lease liabilities 8 22 Unamortized discount and issuance costs (1,667) (1,762) Total long-term debt $ 38,222 $ 39,075
Schedule of Maturities of Long-term Debt	The future scheduled principal payments of debt as of July 30, 2023 were as follows: Fiscal Year: Future Scheduled Principal Payments (In millions) 2023 (remainder) $ 143 2024 1,563 2025 495 2026 1,652 2027 3,137 Thereafter 33,968 Total $ 40,958

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Jul. 30, 2023
Equity [Abstract]
Summary of Dividends Declared and Paid	Fiscal Quarter Ended Three Fiscal Quarters Ended July 30, July 31, July 30, July 31, (In millions, except per share data) Dividends per share to common stockholders $ 4.60 $ 4.10 $ 13.80 $ 12.30 Dividends to common stockholders $ 1,901 $ 1,661 $ 5,741 $ 5,026 Dividends per share to preferred stockholders $ — $ 20.00 $ — $ 60.00 Dividends to preferred stockholders $ — $ 75 $ — $ 224
Summary of Stock-Based Compensation Expense	Fiscal Quarter Ended Three Fiscal Quarters Ended July 30, July 31, July 30, July 31, (In millions) Cost of products sold $ 25 $ 15 $ 63 $ 49 Cost of subscriptions and services 36 22 85 60 Research and development 444 259 1,065 788 Selling, general and administrative 124 77 320 249 Total stock-based compensation expense $ 629 $ 373 $ 1,533 $ 1,146
Summary of RSU Activity	A summary of time- and market-based RSU activity is as follows: Number of RSUs Weighted-Average (In millions, except per share data) Balance as of October 30, 2022 18 $ 238.49 Granted 12 $ 516.85 Vested (6) $ 248.02 Forfeited (1) $ 286.21 Balance as of July 30, 2023 23 $ 381.67

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Jul. 30, 2023
Segment Reporting [Abstract]
Schedule of Segment Reporting	Fiscal Quarter Ended Three Fiscal Quarters Ended July 30, July 31, July 30, July 31, (In millions) Net revenue: Semiconductor solutions $ 6,941 $ 6,624 $ 20,856 $ 18,726 Infrastructure software 1,935 1,840 5,668 5,547 Total net revenue $ 8,876 $ 8,464 $ 26,524 $ 24,273 Operating income: Semiconductor solutions $ 4,092 $ 3,916 $ 12,215 $ 10,891 Infrastructure software 1,444 1,283 4,163 3,903 Unallocated expenses (1,680) (1,462) (4,411) (4,555) Total operating income $ 3,856 $ 3,737 $ 11,967 $ 10,239

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Jul. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Summary of Contractual Obligations and Commitments	The following table summarizes contractual obligations and commitments as of July 30, 2023: Fiscal Year: Purchase Commitments Other Contractual Commitments (In millions) 2023 (remainder) $ 35 $ 81 2024 254 306 2025 153 223 2026 9 232 2027 7 175 Thereafter 7 478 Total $ 465 $ 1,495

Overview, Basis of Presentati_3

Overview, Basis of Presentation and Significant Accounting Policies (Textuals) (Details)	9 Months Ended
	Jul. 30, 2023 segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments	2
Fiscal Period Number of Weeks	52- or 53-week

Revenue from Contracts with C_3

Revenue from Contracts with Customers 1 (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Jul. 30, 2023	Jul. 31, 2022	Jul. 30, 2023	Jul. 31, 2022
Disaggregation of Revenue [Line Items]
Total net revenue		$ 8,876	$ 8,464	$ 26,524	$ 24,273
Americas
Disaggregation of Revenue [Line Items]
Total net revenue		2,089	1,762	6,162	5,231
Asia Pacific
Disaggregation of Revenue [Line Items]
Total net revenue		5,947	5,845	17,668	16,342
Europe, the Middle East and Africa
Disaggregation of Revenue [Line Items]
Total net revenue		840	857	2,694	2,700
Products
Disaggregation of Revenue [Line Items]
Total net revenue		6,917	6,627	20,740	19,097
Products | Americas
Disaggregation of Revenue [Line Items]
Total net revenue		656	645	2,045	1,851
Products | Asia Pacific
Disaggregation of Revenue [Line Items]
Total net revenue		5,773	5,500	17,168	15,744
Products | Europe, the Middle East and Africa
Disaggregation of Revenue [Line Items]
Total net revenue		488	482	1,527	1,502
Subscriptions and services
Disaggregation of Revenue [Line Items]
Total net revenue	[1]	1,959	1,837	5,784	5,176
Subscriptions and services | Americas
Disaggregation of Revenue [Line Items]
Total net revenue		1,433	1,117	4,117	3,380
Subscriptions and services | Asia Pacific
Disaggregation of Revenue [Line Items]
Total net revenue		174	345	500	598
Subscriptions and services | Europe, the Middle East and Africa
Disaggregation of Revenue [Line Items]
Total net revenue		$ 352	$ 375	$ 1,167	$ 1,198
[1]a) Subscriptions and services predominantly include software licenses with termination for convenience clauses.

Revenue from Contracts with C_4

Revenue from Contracts with Customers 2 (Contract Assets and Liabilities) (Details) - USD ($) $ in Millions	9 Months Ended
	Jul. 30, 2023	Jul. 31, 2022	Oct. 30, 2022
Contract Assets
Contract with Customer, Asset, Net	$ 652		$ 128
Contract Liabilities
Contract with Customer, Liability	3,256		$ 3,341
Revenue recognized during period that was included in contract liabilities at beginning of period	$ 2,677	$ 2,482

Revenue from Contracts with C_5

Revenue from Contracts with Customers 3 (RPO) (Details) $ in Millions	Jul. 30, 2023 USD ($)
Revenue from Contract with Customer [Abstract]
Revenue, Remaining Performance Obligation, Amount	$ 21,400
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-30
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months
Revenue, Remaining Performance Obligation, Percentage	27%

Pending Acquisition of VMware_2

Pending Acquisition of VMware, Inc. (Details) - USD ($) $ / shares in Units, $ in Millions	Aug. 15, 2023	Oct. 03, 2022	May 26, 2022
VMware Acquisition
Business Acquisition [Line Items]
Business Acquisition, Estimated Total Consideration			$ 61,000
Business Acquisition, Share Price			$ 142.50
Business Acquisition, Share Exchange Ratio			0.2520
Business Acquisition, Percentage of Common Stock Consideration			50%
Business Acquisition, Percentage of Cash Consideration			50%
Business Acquisition, Fully-Committed Debt Financing			$ 32,000
Business Acquisition, Common Shares Registered in Conjunction with Acquisition		59,000,000
Business Acquisition, VMware's Termination Fee - Specified Circumstances			1,500
Business Acquisition, Broadcom's Termination Fee - Specified Circumstances			$ 1,500
2023 Term Loan Total | Subsequent Event
Business Acquisition [Line Items]
Debt Instrument, Face Amount	$ 28,390
2023 A-2 Term Loan | Subsequent Event
Business Acquisition [Line Items]
Debt Instrument, Face Amount	10,695
2023 A-3 Term Loan | Subsequent Event
Business Acquisition [Line Items]
Debt Instrument, Face Amount	10,695
2023 A-5 Term Loan | Subsequent Event
Business Acquisition [Line Items]
Debt Instrument, Face Amount	7,000
2023 Term Loans Potential Increase | Subsequent Event
Business Acquisition [Line Items]
Debt Instrument, Face Amount	$ 2,000

Supplemental Financial Inform_3

Supplemental Financial Information (Cash Equivalents) (Details) - Cash Equivalents - Fair Value, Inputs, Level 1 - USD ($) $ in Millions	Jul. 30, 2023	Oct. 30, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Time deposits	$ 2,921	$ 3,915
Money-market funds	$ 2,241	$ 2,365

Supplemental Financial Inform_4

Supplemental Financial Information (Accounts Receivable Factoring) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 30, 2023	Jul. 31, 2022	Jul. 30, 2023	Jul. 31, 2022
Accounts Receivable Factoring [Abstract]
Accounts receivable factored	$ 900	$ 900	$ 2,825	$ 3,000

Supplemental Financial Inform_5

Supplemental Financial Information (Inventory) (Details) - USD ($) $ in Millions	Jul. 30, 2023	Oct. 30, 2022
Inventory, Net [Abstract]
Finished goods	$ 581	$ 780
Work-in-process	938	966
Raw materials	323	179
Total inventory	$ 1,842	$ 1,925

Supplemental Financial Inform_6

Supplemental Financial Information (Other Current Assets) (Details) - USD ($) $ in Millions	Jul. 30, 2023	Oct. 30, 2022
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid expenses	$ 433	$ 864
Other	1,089	341
Total other current assets	$ 1,522	$ 1,205

Supplemental Financial Inform_7

Supplemental Financial Information (Other Current Liabilities) (Details) - USD ($) $ in Millions	Jul. 30, 2023	Oct. 30, 2022
Other Liabilities, Current [Abstract]
Contract liabilities	$ 2,941	$ 2,931
Tax liabilities	515	680
Interest payable	406	393
Other	541	408
Other current liabilities	$ 4,403	$ 4,412

Supplemental Financial Inform_8

Supplemental Financial Information (Other Long-Term Liabilities) (Details) - USD ($) $ in Millions	Jul. 30, 2023	Oct. 30, 2022
Other Liabilities, Noncurrent [Abstract]
Unrecognized tax benefits and accrued interest	$ 2,885	$ 3,229
Other	1,064	1,184
Total other long-term liabilities	$ 3,949	$ 4,413

Supplemental Financial Inform_9

Supplemental Financial Information (Supplemental Cash Flow) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 30, 2023	Jul. 31, 2022	Jul. 30, 2023	Jul. 31, 2022
Supplemental Cash Flow Elements [Abstract]
Cash paid for interest	$ 348	$ 290	$ 1,106	$ 989
Cash paid for income taxes	$ 427	$ 231	$ 1,591	$ 657

Supplemental Financial Infor_10

Supplemental Financial Information (Details) - USD ($) $ in Millions	Aug. 18, 2023	Jul. 30, 2023	Oct. 30, 2022
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount		$ 5,500	$ 1,300
Cash Flow Hedge Derivative Instrument Assets at Fair Value		$ 175	$ 47
Subsequent Event
Derivatives, Fair Value [Line Items]
Derivative, Cash Flow Hedges, Settlement Amount, Before Tax	$ 371

Intangible Assets (Intangible A

Intangible Assets (Intangible Assets) (Details) - USD ($) $ in Millions	Jul. 30, 2023	Oct. 30, 2022
Schedule of Finite-lived and Indefinite-lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	$ 27,872	$ 27,874
Accumulated amortization	(23,247)	(20,792)
Finite-Lived Intangible Assets, Net	4,625	7,082
Intangible assets, gross	27,901	27,903
Intangible assets, net book value	4,654	7,111
In-process research and development
Schedule of Finite-lived and Indefinite-lived Intangible Assets [Line Items]
In-process research and development	29	29
Purchased technology
Schedule of Finite-lived and Indefinite-lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	19,456	19,450
Accumulated amortization	(16,828)	(15,422)
Finite-Lived Intangible Assets, Net	2,628	4,028
Customer contracts and related relationships
Schedule of Finite-lived and Indefinite-lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	7,059	7,066
Accumulated amortization	(5,447)	(4,535)
Finite-Lived Intangible Assets, Net	1,612	2,531
Order backlog
Schedule of Finite-lived and Indefinite-lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	484	484
Accumulated amortization	(458)	(382)
Finite-Lived Intangible Assets, Net	26	102
Trade names
Schedule of Finite-lived and Indefinite-lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	699	700
Accumulated amortization	(421)	(372)
Finite-Lived Intangible Assets, Net	278	328
Other
Schedule of Finite-lived and Indefinite-lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	174	174
Accumulated amortization	(93)	(81)
Finite-Lived Intangible Assets, Net	$ 81	$ 93

Intangible Assets (Intangible_2

Intangible Assets (Intangible Asset Amortization) (Details) - USD ($) $ in Millions	Jul. 30, 2023	Oct. 30, 2022
Finite-lived intangible assets future amortization expense
2023 (Remainder)	$ 789
2024	2,389
2025	682
2026	345
2027	218
Thereafter	202
Finite-Lived Intangible Assets, Net	$ 4,625	$ 7,082

Intangible Assets (Intangible_3

Intangible Assets (Intangible Asset Life) (Details)	9 Months Ended
	Jul. 30, 2023
Purchased technology
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted-average remaining amortization period (in years)	3 years
Customer contracts and related relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted-average remaining amortization period (in years)	2 years
Trade names
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted-average remaining amortization period (in years)	8 years
Other
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted-average remaining amortization period (in years)	8 years

Net Income Per Share (Details)

Net Income Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended						9 Months Ended		12 Months Ended
	Jul. 30, 2023	Apr. 30, 2023	Jan. 29, 2023	Jul. 31, 2022	May 01, 2022	Jan. 30, 2022	Jul. 30, 2023	Jul. 31, 2022	Oct. 30, 2022
Earnings Per Share [Abstract]
Preferred Stock, Dividend Rate, Percentage									8%
Preferred stock, Par value per share	$ 0.001						$ 0.001		$ 0.001
Numerator - Basic:
Net income	$ 3,303	$ 3,481	$ 3,774	$ 3,074	$ 2,590	$ 2,472	$ 10,558	$ 8,136
Dividends on preferred stock	0			75			0	224
Net income attributable to common stock	$ 3,303			$ 2,999			$ 10,558	$ 7,912
Denominator:
Weighted-average shares outstanding - basic	413			405			415	408
Dilutive effect of equity awards	14			13			12	15
Dilutive effect of Mandatory Convertible Preferred Stock	0			12			0	12
Weighted-average shares outstanding - diluted	427			430			427	435
Basic income per share:
Net income per share (in dollars per share)	$ 8			$ 7.40			$ 25.44	$ 19.39
Diluted income per share:
Net income per share (in dollars per share)	$ 7.74			$ 7.15			$ 24.73	$ 18.70

Borrowings (Details)

Borrowings (Details) - USD ($) $ in Millions	Jul. 30, 2023	Oct. 30, 2022	Jan. 19, 2021	Feb. 28, 2019
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 40,958	$ 41,218
Long-term Debt, Current Maturities	1,077	403
Finance Lease, Liability, Current	42	37
Current portion of long-term debt	1,119	440
Long-term Debt, Excluding Current Maturities	39,881	40,815
Finance Lease, Liability, Noncurrent	8	22
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	1,667	1,762
Long-term debt	$ 38,222	$ 39,075
April 2029 Senior Notes issued in Apr'22
Debt Instrument [Line Items]
Fixed interest rate	4%	4%
Effective interest rate	4.17%	4.17%
Long-term Debt, Gross	$ 750	$ 750
April 2032 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	4.15%	4.15%
Effective interest rate	4.30%	4.30%
Long-term Debt, Gross	$ 1,200	$ 1,200
May 2037 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	4.926%	4.926%
Effective interest rate	5.33%	5.33%
Long-term Debt, Gross	$ 2,500	$ 2,500
April 2022 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 4,450	$ 4,450
November 2035 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	3.137%	3.137%
Effective interest rate	4.23%	4.23%
Long-term Debt, Gross	$ 3,250	$ 3,250
November 2036 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	3.187%	3.187%
Effective interest rate	4.79%	4.79%
Long-term Debt, Gross	$ 2,750	$ 2,750
September 2021 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 6,000	$ 6,000
April 2033 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	3.419%	3.419%
Effective interest rate	4.66%	4.66%
Long-term Debt, Gross	$ 2,250	$ 2,250
April 2034 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	3.469%	3.469%
Effective interest rate	4.63%	4.63%
Long-term Debt, Gross	$ 3,250	$ 3,250
March 2021 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 5,500	$ 5,500
February 2028 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	1.95%	1.95%
Effective interest rate	2.10%	2.10%
Long-term Debt, Gross	$ 750	$ 750
February 2031 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	2.45%	2.45%
Effective interest rate	2.56%	2.56%
Long-term Debt, Gross	$ 2,750	$ 2,750
February 2033 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	2.60%	2.60%
Effective interest rate	2.70%	2.70%
Long-term Debt, Gross	$ 1,750	$ 1,750
February 2041 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	3.50%	3.50%
Effective interest rate	3.60%	3.60%
Long-term Debt, Gross	$ 3,000	$ 3,000
February 2051 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	3.75%	3.75%
Effective interest rate	3.84%	3.84%
Long-term Debt, Gross	$ 1,750	$ 1,750
January 2021 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 10,000	$ 10,000
September 2026 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	3.459%	3.459%
Effective interest rate	4.19%	4.19%
Long-term Debt, Gross	$ 752	$ 752
September 2028 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	4.11%	4.11%
Effective interest rate	5.02%	5.02%
Long-term Debt, Gross	$ 1,118	$ 1,118
June 2020 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 1,870	$ 1,870
November 2023 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	2.25%	2.25%
Effective interest rate	2.40%	2.40%
Long-term Debt, Gross	$ 105	$ 105
November 2025 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	3.15%	3.15%
Effective interest rate	3.29%	3.29%
Long-term Debt, Gross	$ 900	$ 900
November 2030 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	4.15%	4.15%
Effective interest rate	4.27%	4.27%
Long-term Debt, Gross	$ 1,856	$ 1,856
November 2032 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	4.30%	4.30%
Effective interest rate	4.39%	4.39%
Long-term Debt, Gross	$ 2,000	$ 2,000
May 2020 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 4,861	$ 4,861
April 2030 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	5%	5%
Effective interest rate	5.18%	5.18%
Long-term Debt, Gross	$ 606	$ 606
October 2024 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	3.625%	3.625%
Effective interest rate	3.98%	3.98%
Long-term Debt, Gross	$ 622	$ 622
April 2029 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	4.75%	4.75%
Effective interest rate	4.95%	4.95%
Long-term Debt, Gross	$ 1,655	$ 1,655
April 2019 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	2,277	$ 2,277
January 2023 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate		2.65%
Effective interest rate		2.78%
Long-term Debt, Gross	$ 0	$ 260
January 2024 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	3.625%	3.625%
Effective interest rate	3.74%	3.74%
Long-term Debt, Gross	$ 829	$ 829
January 2025 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	3.125%	3.125%
Effective interest rate	3.23%	3.23%
Long-term Debt, Gross	$ 495	$ 495
January 2027 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	3.875%	3.875%
Effective interest rate	4.02%	4.02%
Long-term Debt, Gross	$ 2,922	$ 2,922
January 2028 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate	3.50%	3.50%
Effective interest rate	3.60%	3.60%
Long-term Debt, Gross	$ 777	$ 777
2017 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 5,023	$ 5,283
August 2023 Senior Notes | CA Technologies, Inc.
Debt Instrument [Line Items]
Fixed interest rate	4.50%	4.50%
Effective interest rate	4.10%	4.10%
Long-term Debt, Gross	$ 143	$ 143
March 2027 Senior Notes | CA Technologies, Inc.
Debt Instrument [Line Items]
Fixed interest rate	4.70%	4.70%
Effective interest rate	5.15%	5.15%
Long-term Debt, Gross	$ 215	$ 215
Assumed CA Senior Notes | CA Technologies, Inc.
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 358	$ 358
August 2024 Senior Notes | Broadcom Corporation
Debt Instrument [Line Items]
Fixed interest rate	3.50%	3.50%
Effective interest rate	3.55%	3.55%
Long-term Debt, Gross	$ 7	$ 7
August 2034 Senior Notes | Broadcom Corporation
Debt Instrument [Line Items]
Fixed interest rate	4.50%	4.50%
Effective interest rate	4.55%	4.55%
Long-term Debt, Gross	$ 6	$ 6
Other Senior Notes | Broadcom Corporation
Debt Instrument [Line Items]
Long-term Debt, Gross	13	13
Commercial Paper
Debt Instrument [Line Items]
Long-term Debt, Gross	0	0
Commercial paper, Maximum borrowing capacity				$ 2,000
January 2021 Credit Agreement | Revolver Borrowings
Debt Instrument [Line Items]
Long-term Debt, Gross	0	$ 0
January 2021 Credit Agreement | Revolving Facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 7,500
January 2021 Credit Agreement | Foreign Line of Credit
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 500
Fair Value, Inputs, Level 2
Debt Instrument [Line Items]
Long-term Debt, Fair Value	$ 35,072

Borrowings (Future Principal Pa

Borrowings (Future Principal Payments) (Details) - USD ($) $ in Millions	Jul. 30, 2023	Oct. 30, 2022
Debt Disclosure [Abstract]
2023 (Remainder)	$ 143
2024	1,563
2025	495
2026	1,652
2027	3,137
Thereafter	33,968
Long-term Debt, Gross	$ 40,958	$ 41,218

Stockholders' Equity (Dividends

Stockholders' Equity (Dividends and Distributions) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Jul. 30, 2023	Jul. 31, 2022	Jul. 30, 2023	Jul. 31, 2022	Nov. 03, 2019
Equity [Abstract]
Dividends per share to common stockholders	$ 4.60	$ 4.10	$ 13.80	$ 12.30
Dividends to common stockholders	$ 1,901	$ 1,661	$ 5,741	$ 5,026
Dividends per share to preferred stockholders	$ 0	$ 20	$ 0	$ 60
Dividends to preferred stockholders	$ 0	$ 75	$ 0	$ 224
Preferred stock issued, Shares					4

Stockholders' Equity (Share Rep

Stockholders' Equity (Share Repurchase Program) (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Jul. 30, 2023	Jul. 31, 2022	Jul. 30, 2023	Jul. 31, 2022	May 25, 2022	Dec. 07, 2021
Payments for Repurchase of Common Stock	$ 1,707	$ 1,500	$ 5,701	$ 7,000
Repurchases of common stock , Shares	2	3	9	12
December 2021 Repurchase Plan
Stock Repurchase Program, Authorized Amount						$ 10,000
May 2022 Repurchase Plan
Stock Repurchase Program, Authorized Amount					$ 10,000

Stockholders' Equity (Stock-bas

Stockholders' Equity (Stock-based Compensation Expense) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 30, 2023	Jul. 31, 2022	Jul. 30, 2023	Jul. 31, 2022
Employee Service Stock-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 629	$ 373	$ 1,533	$ 1,146
Unrecognized compensation cost related to unvested stock-based awards	6,878		$ 6,878
Unrecognized compensation cost, Remaining weighted-average service period			3 years 7 months 6 days
Cost of products sold
Employee Service Stock-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	25	15	$ 63	49
Cost of subscriptions and services
Employee Service Stock-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	36	22	85	60
Research and development
Employee Service Stock-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	444	259	1,065	788
Selling, general and administrative
Employee Service Stock-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 124	$ 77	$ 320	$ 249

Stockholders' Equity (RSU Activ

Stockholders' Equity (RSU Activity) (Details) - RSUs $ / shares in Units, shares in Millions, $ in Millions	9 Months Ended
	Jul. 30, 2023 USD ($) $ / shares shares
RSUs, Nonvested, Number of Shares [Roll Forward]
Beginning balance | shares	18
Granted | shares	12
Vested | shares	(6)
Forfeited | shares	(1)
Ending balance | shares	23
RSUs, Weighted Average Grant Date Fair Value per Share
Beginning balance, Weighted average grant date fair value per share | $ / shares	$ 238.49
Granted, Weighted average grant date fair value per share | $ / shares	516.85
Vested, Weighted average grant date fair value per share | $ / shares	248.02
Forfeited, Weighted average grant date fair value per share | $ / shares	286.21
Ending balance, Weighted average grant date fair value per share | $ / shares	$ 381.67
Aggregate market value of RSUs vested | $	$ 4,036

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 30, 2023	Jul. 31, 2022	Jul. 30, 2023	Jul. 31, 2022
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 271	$ 263	$ 572	$ 678
Gross unrecognized tax benefits	5,491		5,491
Possible change of existing unrecognized tax benefits	$ 427		$ 427

Segment Information (Details)

Segment Information (Details) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 30, 2023 USD ($)	Jul. 31, 2022 USD ($)	Jul. 30, 2023 USD ($) segment	Jul. 31, 2022 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment			2
Total net revenue	$ 8,876	$ 8,464	$ 26,524	$ 24,273
Total operating income	3,856	3,737	11,967	10,239
Semiconductor Solutions
Segment Reporting Information [Line Items]
Total net revenue	6,941	6,624	20,856	18,726
Total operating income	4,092	3,916	12,215	10,891
Infrastructure Software
Segment Reporting Information [Line Items]
Total net revenue	1,935	1,840	5,668	5,547
Total operating income	1,444	1,283	4,163	3,903
Unallocated Expenses
Segment Reporting Information [Line Items]
Total operating income	$ (1,680)	$ (1,462)	$ (4,411)	$ (4,555)

Commitments and Contingencies_2

Commitments and Contingencies (Details) $ in Millions	Jul. 30, 2023 USD ($)
Purchase commitments
Purchase commitments, Due in 2023 (remainder)	$ 35
Purchase commitments, Due in 2024	254
Purchase commitments, Due in 2025	153
Purchase commitments, Due in 2026	9
Purchase commitments, Due in 2027	7
Purchase commitments, Thereafter	7
Purchase commitments, Total	465
Other contractual commitments
Other contractual commitments, Due in 2023 (remainder)	81
Other contractual commitments, Due in 2024	306
Other contractual commitments, Due in 2025	223
Other contractual commitments, Due in 2026	232
Other contractual commitments, Due in 2027	175
Other contractual commitments, Thereafter	478
Other contractual commitments, Total	$ 1,495

Commitment and Contingencies (D

Commitment and Contingencies (Details) 2 - USD ($) $ in Millions	9 Months Ended
	Jul. 30, 2023	Oct. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Unrecognized tax benefits and accrued interest	$ 2,885	$ 3,229
Caltech [Member] | Pending Litigation [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded to Other Party	270.2
Loss Contingency, Damages Sought, Value	$ 837.8

Subsequent Events - Cash Divide

Subsequent Events - Cash Dividends (Details) - Subsequent Event - $ / shares	Sep. 29, 2023	Sep. 21, 2023	Aug. 30, 2023
Dividends Payable [Line Items]
Dividends payable, Date declared			Aug. 30, 2023
Common dividends declared (in dollars per share)			$ 4.60
Dividends payable, Date to be paid	Sep. 29, 2023
Dividends payable, Date of record		Sep. 21, 2023