Analog Devices (ADI) 10-Q 19 Aug 20 2020 Q3 Quarterly report Financial data

Cover

Cover	9 Months Ended
	Aug. 01, 2020shares
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Aug. 1, 2020
Document Transition Report	false
Entity File Number	1-7819
Entity Registrant Name	Analog Devices, Inc.
Entity Incorporation, State or Country Code	MA
Entity Tax Identification Number	04-2348234
Entity Address, Address Line One	One Technology Way,
Entity Address, City or Town	Norwood,
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	02062-9106
City Area Code	781
Local Phone Number	329-4700
Title of 12(b) Security	Common Stock $0.16 2/3 par value per share
Entity Trading Symbol	ADI
Security Exchange Name	NASDAQ
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
Entity Common Stock, Shares Outstanding	369,166,257
Entity Central Index Key	0000006281
Current Fiscal Year End Date	--10-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Income Statement [Abstract]
Revenue	$ 1,456,136	$ 1,480,143	$ 4,076,761	$ 4,547,846
Cost of sales	483,558	482,332	1,409,367	1,476,287
Gross margin	972,578	997,811	2,667,394	3,071,559
Operating expenses:
Research and development	260,794	280,102	770,280	853,330
Selling, marketing, general and administrative	153,753	162,825	494,808	493,295
Amortization of intangibles	107,077	107,231	321,448	321,816
Special charges	31,830	927	44,286	30,871
Total operating expenses	553,454	551,085	1,630,822	1,699,312
Operating income	419,124	446,726	1,036,572	1,372,247
Nonoperating expense (income):
Interest expense	45,914	59,871	144,712	178,300
Interest income	(504)	(2,625)	(3,778)	(8,241)
Other, net	685	(78)	1,331	4,287
Nonoperating expense (income)	46,095	57,168	142,265	174,346
Income before income taxes	373,029	389,558	894,307	1,197,901
Provision for income taxes	10,364	27,184	60,072	112,584
Net income	$ 362,665	$ 362,374	$ 834,235	$ 1,085,317
Shares used to compute earnings per common share – basic (in shares)	368,791	369,533	368,417	369,160
Shares used to compute earnings per common share – diluted (in shares)	372,003	373,077	371,857	372,967
Basic earnings per common share (in dollars per share)	$ 0.98	$ 0.98	$ 2.26	$ 2.93
Diluted earnings per common share (in dollars per share)	$ 0.97	$ 0.97	$ 2.24	$ 2.90

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 362,665	$ 362,374	$ 834,235	$ 1,085,317
Foreign currency translation adjustments	7,257	(4,021)	197	(4,133)
Change in fair value of available-for-sale securities	0	(5)	0	10
Change in fair value of derivative instruments designated as cash flow hedges (net of taxes of $1,437, $14,574, $26,503 and $24,757, respectively)	(1,605)	(54,811)	(83,016)	(92,661)
Changes in pension plans including transition obligation, net actuarial loss and foreign currency translation adjustments (net of taxes of $168, $60, $485 and $186, respectively)	(1,579)	1,185	68	1,551
Other comprehensive income (loss)	4,073	(57,652)	(82,751)	(95,233)
Comprehensive income	$ 366,738	$ 304,722	$ 751,484	$ 990,084

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Statement of Comprehensive Income [Abstract]
Tax effect of change in fair value of derivative instruments designated as cash flow hedges	$ 1,437	$ 14,574	$ 26,503	$ 24,757
Tax effect of changes in pension plans including prior service cost, transition obligation, net actuarial loss and foreign currency translation adjustments	$ 168	$ 60	$ 485	$ 186

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 01, 2020	Nov. 02, 2019
Current Assets
Cash and cash equivalents	$ 1,090,264	$ 648,322
Accounts receivable	681,728	635,136
Inventories	612,646	609,886
Prepaid expenses and other current assets	100,599	91,782
Total current assets	2,485,237	1,985,126
Property, Plant and Equipment, at Cost
Land and buildings	968,527	956,099
Machinery and equipment	2,642,254	2,609,493
Office equipment	84,887	85,490
Leasehold improvements	157,196	160,175
Property, Plant and Equipment, at Cost	3,852,864	3,811,257
Less accumulated depreciation and amortization	2,718,628	2,591,268
Net property, plant and equipment	1,134,236	1,219,989
Other Assets
Other investments	82,953	77,324
Goodwill	12,273,799	12,256,880
Intangible assets, net	3,796,932	4,217,224
Deferred tax assets	1,522,772	1,582,382
Other assets	303,639	53,716
Total other assets	17,980,095	18,187,526
Total assets	21,599,568	21,392,641
Current Liabilities
Accounts payable	215,894	225,270
Income taxes payable	149,376	187,879
Debt, current	449,324	299,667
Accrued liabilities	873,182	795,816
Total current liabilities	1,687,776	1,508,632
Non-current liabilities
Long-term debt	5,143,653	5,192,252
Deferred income taxes	1,961,009	2,088,212
Income taxes payable	591,509	654,420
Other non-current liabilities	438,061	239,937
Total non-current liabilities	8,134,232	8,174,821
Commitments and contingencies	0	0
Shareholders’ Equity
Preferred stock, $1.00 par value, 471,934 shares authorized, none outstanding	0	0
Common stock, 0.16 2/3 par value, 1,200,000,000 shares authorized, 369,166,257 shares outstanding (368,302,369 on November 2, 2019)	61,529	61,385
Capital in excess of par value	4,909,651	4,936,349
Retained earnings	7,079,309	6,899,253
Accumulated other comprehensive loss	(272,929)	(187,799)
Total shareholders’ equity	11,777,560	11,709,188
Liabilities and Shareholders' Equity	$ 21,599,568	$ 21,392,641

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Aug. 01, 2020	Nov. 02, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	471,934	471,934
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.16	$ 0.16
Common stock, shares authorized (in shares)	1,200,000,000	1,200,000,000
Common stock, shares outstanding (in shares)	369,166,257	368,302,369

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Shareholders' Equity - USD ($) shares in Thousands, $ in Thousands		Total	Common Stock		Capital in Excess of Par Value		Retained Earnings		Retained EarningsCumulative effect, period of adoption, adjustment	Accumulated Other Comprehensive Loss		Accumulated Other Comprehensive LossCumulative effect, period of adoption, adjustment
Beginning balance (in shares) at Nov. 03, 2018	[1]		370,160
Beginning balance at Nov. 03, 2018			$ 61,694	[1]	$ 5,282,222	[1]	$ 5,982,697	[1]	$ 331,026	$ (58,440)	[1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		$ 1,085,317					1,085,317
Dividends declared and paid							(577,285)
Issuance of stock under stock plans and other (in shares)			3,807
Issuance of stock under stock plans and other			$ 635		105,500
Stock-based compensation expense					112,720
Other comprehensive income (loss)		$ (95,233)								(95,233)
Common stock repurchased (in shares)			(4,561)
Common stock repurchased			$ (760)		(439,856)
Ending balance (in shares) at Aug. 03, 2019			369,406
Ending balance at Aug. 03, 2019			$ 61,569		5,060,586		6,821,755			(153,673)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting standards update [extensible list]		us-gaap:AccountingStandardsUpdate201616Member
Beginning balance (in shares) at May. 04, 2019	[1]		369,761
Beginning balance at May. 04, 2019	[1]		$ 61,628		5,117,202		6,659,449			(96,021)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		$ 362,374					362,374
Dividends declared and paid							(200,068)
Issuance of stock under stock plans and other (in shares)			667
Issuance of stock under stock plans and other			$ 111		19,117
Stock-based compensation expense					36,098
Other comprehensive income (loss)		(57,652)								(57,652)
Common stock repurchased (in shares)			(1,022)
Common stock repurchased			$ (170)		(111,831)
Ending balance (in shares) at Aug. 03, 2019			369,406
Ending balance at Aug. 03, 2019			$ 61,569		5,060,586		6,821,755			(153,673)
Beginning balance (in shares) at Nov. 02, 2019			368,302
Beginning balance at Nov. 02, 2019		11,709,188	$ 61,385		4,936,349		6,899,253		$ 2,379	(187,799)		$ (2,379)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		834,235					834,235
Dividends declared and paid							(656,558)
Issuance of stock as charitable contribution (in shares)			336
Issuance of stock as charitable contribution			$ 56		39,944
Issuance of stock under stock plans and other (in shares)			2,730
Issuance of stock under stock plans and other			$ 455		57,295
Stock-based compensation expense					112,961
Other comprehensive income (loss)		(82,751)								(82,751)
Common stock repurchased (in shares)			(2,202)
Common stock repurchased			$ (367)		(236,898)
Ending balance (in shares) at Aug. 01, 2020			369,166
Ending balance at Aug. 01, 2020		$ 11,777,560	$ 61,529		4,909,651		7,079,309			(272,929)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting standards update [extensible list]		us-gaap:AccountingStandardsUpdate201802Member
Beginning balance (in shares) at May. 02, 2020			368,425
Beginning balance at May. 02, 2020			$ 61,405		4,861,013		6,945,442			(277,002)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		$ 362,665					362,665
Dividends declared and paid							(228,798)
Issuance of stock under stock plans and other (in shares)			892
Issuance of stock under stock plans and other			$ 149		26,704
Stock-based compensation expense					39,560
Other comprehensive income (loss)		4,073								4,073
Common stock repurchased (in shares)			(151)
Common stock repurchased			$ (25)		(17,626)
Ending balance (in shares) at Aug. 01, 2020			369,166
Ending balance at Aug. 01, 2020		$ 11,777,560	$ 61,529		$ 4,909,651		$ 7,079,309			$ (272,929)
[1]	Balances have been restated to reflect the full retrospective adoption of Accounting Standards Update ASU 2014-09, Revenue from Contracts with Customers , adopted by the Company in fiscal 2019.

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Statement of Stockholders' Equity [Abstract]
Dividends (in dollars per share)	$ 0.62	$ 0.54	$ 1.78	$ 1.56

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Aug. 01, 2020	Aug. 03, 2019
Cash flows from operating activities:
Net income	$ 834,235	$ 1,085,317
Adjustments to reconcile net income to net cash provided by operations:
Depreciation	176,722	179,041
Amortization of intangibles	431,985	427,046
Stock-based compensation expense	112,961	112,720
Non-cash portion of special charge	0	4,367
Deferred income taxes	(42,802)	(55,444)
Non-cash contribution to charitable foundation	40,000	0
Other non-cash activity	5,675	26,701
Changes in operating assets and liabilities	(222,887)	(184,552)
Total adjustments	501,654	509,879
Net cash provided by operating activities	1,335,889	1,595,196
Cash flows from investing activities:
Additions to property, plant and equipment	(135,804)	(224,297)
Payments for acquisitions, net of cash acquired	(12,763)	0
Changes in other assets	(1,214)	(5,132)
Net cash used for investing activities	(149,781)	(229,429)
Cash flows from financing activities:
Proceeds from debt	395,646	1,250,000
Early termination of debt	0	(1,250,000)
Proceeds from revolver	350,000	75,000
Payments on revolver	(350,000)	(75,000)
Debt repayments	(300,000)	(650,000)
Dividend payments to shareholders	(656,558)	(577,285)
Repurchase of common stock	(237,265)	(440,616)
Proceeds from employee stock plans	57,750	106,135
Changes in other financing activities	(4,015)	(7,918)
Net cash used for financing activities	(744,442)	(1,569,684)
Effect of exchange rate changes on cash	276	(510)
Net increase (decrease) in cash and cash equivalents	441,942	(204,427)
Cash and cash equivalents at beginning of period	648,322	816,591
Cash and cash equivalents at end of period	$ 1,090,264	$ 612,164

Basis of Presentation

Basis of Presentation	9 Months Ended
	Aug. 01, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation In the opinion of management, the information furnished in the accompanying condensed consolidated financial statements reflects all normal recurring adjustments that are necessary to fairly state the results for these interim periods and should be read in conjunction with Analog Devices, Inc.’s (the Company) Annual Report on Form 10-K for the fiscal year ended November 2, 2019 (fiscal 2019) and related notes. The results of operations for the interim periods shown in this report are not necessarily indicative of the results that may be expected for the fiscal year ending October 31, 2020 (fiscal 2020) or any future period. The Company has a 52-53 week fiscal year that ends on the Saturday closest to the last day in October. Certain amounts reported in previous periods have been reclassified to conform to the fiscal 2020 presentation. Proposed acquisition of Maxim Integrated Products, Inc. On July 12, 2020, the Company entered into a definitive agreement (the Merger Agreement) to acquire Maxim Integrated Products, Inc. (Maxim), an independent manufacturer of innovative analog and mixed-signal products and technologies. See Note 15, Acquisitions , for additional information.

Leases

Leases	9 Months Ended
	Aug. 01, 2020
Leases [Abstract]
Leases	Leases In the first quarter of fiscal 2020, the Company adopted Accounting Standards Update (ASU) 2016-02, Leases (Topic 842) (ASU 2016-02) using the modified retrospective approach. Results for fiscal 2020 are presented under ASU 2016-02, while prior period consolidated financial statements have not been adjusted and continue to be presented under the accounting standard in effect at that time. See Note 14, New Accounting Pronouncements of these Notes to Condensed Consolidated Financial Statements for further detail on the adoption of this standard, including the initial adoption values. The Company enters into operating leases which primarily relate to certain facilities. The Company determines whether an arrangement is or contains a lease based on the unique facts and circumstances present at the inception of an arrangement. Lease assets represent the Company's right to use underlying assets for the lease term, and lease liabilities represent the obligation to make lease payments over the lease term. At lease commencement, leases are evaluated for classification, and assets and liabilities are recognized based on the present value of lease payments over the lease term. The interest rate implicit in lease contracts is typically not readily determinable. As such, the Company utilizes the appropriate incremental borrowing rate, which is the rate incurred to borrow on a collateralized basis over a similar term at an amount equal to the lease payments in a similar economic environment. Certain adjustments to the right-of-use asset may be required for items such as initial direct costs paid or incentives received, such as construction allowances from landlords and/or rent abatements subsequent to taking possession of the leased property. The Company has agreements with lease and non-lease components, which are accounted for as a single lease component. Non-lease components may include real estate taxes, insurance, maintenance, parking and other operating costs. If these costs are variable costs they are not included in the measurement of the right-of-use assets and lease liabilities, but are expensed when the event determining the amount of variable consideration to be paid occurs. The Company’s leases have remaining lease terms of less than one year to approximately twenty-five years, some of which may include options to extend the initial term of the lease. These options are included in determining the initial lease term at lease commencement only if the Company is reasonably certain to exercise the option. Lease costs are recognized on a straight-line basis as lease expense over the lease term. For leases with terms of twelve months or less the Company recognizes the related lease payments as expense either straight-line over the lease term or as incurred depending on whether the lease payments are fixed or variable. The following table presents supplemental balance sheet information related to the Company's operating leases: August 1, 2020 Assets Operating lease right-of-use assets in Other assets $ 247,352 Liabilities Operating lease liabilities in Accrued liabilities $ 37,386 Operating lease liabilities in Other non-current liabilities $ 282,143 Details of the Company's operating leases are as follows: Three Months Ended Nine Months Ended August 1, 2020 August 1, 2020 Lease expense $ 11,728 $ 33,864 Cash paid for amounts included in the measurement of operating lease liabilities Operating cash flows from operating leases $ 12,159 $ 35,094 Lease assets obtained in exchange for new lease liabilities $ 11,158 $ 36,888 Weighted average remaining lease term 9.4 years 9.4 years Weighted average discount rate 3.2 % 3.2 % The following table presents the maturities of the Company's operating lease liabilities as of August 1, 2020: Fiscal year Operating Leases Remainder of 2020 $ 11,778 2021 46,347 2022 40,463 2023 37,053 2024 36,429 2025 34,148 Thereafter 166,800 Total future minimum operating lease payments 373,018 Less: imputed interest (53,489) Present value of operating lease liabilities $ 319,529 As of August 1, 2020, the Company has an additional lease for office space, which has not yet commenced, of approximately $9.1 million. This lease will commence in fiscal 2020, with a lease term of 10 years.

Stock-Based Compensation and Sh

Stock-Based Compensation and Shareholders' Equity	9 Months Ended
	Aug. 01, 2020
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation and Shareholders' Equity	Stock-Based Compensation and Shareholders' Equity A summary of the Company’s stock option activity as of August 1, 2020 and changes during the nine-month period then ended is presented below: Options Outstanding (in thousands) Weighted- Average Exercise Price Per Share Weighted- Average Remaining Contractual Term in Years Aggregate Intrinsic Value Options outstanding at November 2, 2019 5,183 $65.97 Options granted 359 $94.41 Options exercised (1,032) $55.96 Options forfeited (97) $84.27 Options outstanding at August 1, 2020 4,413 $70.18 5.73 $197,106 Options exercisable at August 1, 2020 2,845 $60.81 4.66 $153,749 Options vested or expected to vest at August 1, 2020 (1) 4,309 $69.67 5.67 $194,685 (1) In addition to the vested options, the Company expects a portion of the unvested options to vest at some point in the future. The number of options expected to vest is calculated by applying an estimated forfeiture rate to the unvested options. During the nine-month periods ended August 1, 2020 and August 3, 2019, the total intrinsic value of options exercised (i.e., the difference between the market price at exercise and the price paid by the employee to exercise the options) was $61.7 million and $120.7 million, respectively. A summary of the Company’s restricted stock unit/award activity as of August 1, 2020 and changes during the nine-month period then ended is presented below: Restricted Stock Units/Awards Outstanding (in thousands) Weighted- Average Grant- Date Fair Value Per Share Restricted stock units/awards outstanding at November 2, 2019 4,396 $87.18 Units/Awards granted 1,390 $92.00 Restrictions lapsed (1,691) $86.51 Forfeited (196) $88.86 Restricted stock units/awards outstanding at August 1, 2020 3,899 $89.65 As of August 1, 2020, there was $316.0 million of total unrecognized compensation cost related to unvested stock-based awards comprised of stock options and restricted stock units/awards. That cost is expected to be recognized over a weighted-average period of 1.4 years. The total grant-date fair values of awards that vested during the nine-month periods ended August 1, 2020 and August 3, 2019 were approximately $157.9 million and $131.0 million, respectively. Total stock-based compensation expense recognized was as follows: Three Months Ended Nine Months Ended August 1, 2020 August 3, 2019 August 1, 2020 August 3, 2019 Cost of sales $ 4,508 $ 5,247 $ 13,428 $ 15,720 Research and development 19,158 18,802 55,163 57,294 Selling, marketing, general and administrative 14,951 12,049 43,427 39,706 Special charges 943 — 943 — Total stock-based compensation expense $ 39,560 $ 36,098 $ 112,961 $ 112,720 As of August 1, 2020 and November 2, 2019, the Company capitalized $5.9 million and $6.8 million, respectively, of stock-based compensation in Inventories on the Condensed Consolidated Balance Sheets. Common Stock Repurchases As of August 1, 2020, the Company had repurchased a total of approximately 156.1 million shares of its common stock for approximately $6.3 billion under the Company's share repurchase program. As of August 1, 2020, an additional $1.9 billion remains available for repurchase of shares under the current authorized program. The Company also repurchases shares in settlement of employee tax withholding obligations due upon the vesting of restricted stock units/awards or the exercise of stock options. Given the planned acquisition of Maxim (see Note 15, Acquisitions) , the Company has continued its temporary suspension of the common stock repurchase program, which was previously suspended in March 2020 as a result of the global macroeconomic environment. Future repurchases of common stock will be dependent upon the Company's financial position, results of operations, outlook, liquidity, and other factors deemed relevant by the Company. Analog Devices Foundation

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss) Income	9 Months Ended
	Aug. 01, 2020
Equity [Abstract]
Accumulated Other Comprehensive (Loss) Income	Accumulated Other Comprehensive (Loss) Income The following table provides the changes in accumulated other comprehensive (loss) income (AOCI) by component and the related tax effects during the first nine months of fiscal 2020. Foreign currency translation adjustment Unrealized holding gains (losses) on derivatives Pension plans Total November 2, 2019 $ (30,076) $ (118,015) $ (39,708) $ (187,799) Other comprehensive loss before reclassifications 197 (111,684) (1,401) (112,888) Amounts reclassified out of other comprehensive income (loss) — 2,165 1,954 4,119 Tax effects — 26,503 (485) 26,018 Other comprehensive (loss) income 197 (83,016) 68 (82,751) Effect of Accounting Standards Update 2018-02 — (2,379) — (2,379) August 1, 2020 $ (29,879) $ (203,410) $ (39,640) $ (272,929) The amounts reclassified out of AOCI into the Condensed Consolidated Statements of Income and the Condensed Consolidated Statements of Shareholders' Equity with presentation location during each period were as follows: Three Months Ended Nine Months Ended Comprehensive Income Component August 1, 2020 August 3, 2019 August 1, 2020 August 3, 2019 Location Unrealized holding losses (gains) on derivatives Currency forwards $ (842) $ 185 $ (762) $ 1,382 Cost of sales (226) 652 640 2,270 Research and development (189) 617 895 2,488 Selling, marketing, general and administrative Interest rate derivatives 464 464 1,392 974 Interest expense (793) 1,918 2,165 7,114 Total before tax 79 (384) (488) (1,187) Tax Effect of Accounting Standards Update 2018-02 — — (2,379) — Retained earnings $ (714) $ 1,534 $ (702) $ 5,927 Net of tax Amortization of pension components included in the computation of net periodic pension cost Actuarial losses 672 243 1,954 754 (168) (60) (485) (186) Tax $ 504 $ 183 $ 1,469 $ 568 Net of tax Total amounts reclassified out of AOCI, net of tax $ (210) $ 1,717 $ 767 $ 6,495 The Company estimates $7.2 million, net of tax, of gains on forward foreign currency derivative instruments included in AOCI will be reclassified into earnings within the next twelve months. Realized gains or losses on investments are determined based on the specific identification basis and are recognized in nonoperating expense (income). There were no material net realized gains or losses from the sales of available-for-sale investments during any of the fiscal periods presented.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Aug. 01, 2020
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The Company utilized the two-class method for calculating earnings per share because certain restricted stock awards granted were participating securities containing non-forfeitable rights to receive dividend equivalents. Under the two-class method, a portion of net income is allocated to these participating securities and therefore is excluded from the calculation of earnings per share allocated to common stock. The following table sets forth the computation of basic and diluted earnings per share: Three Months Ended Nine Months Ended August 1, 2020 August 3, 2019 August 1, 2020 August 3, 2019 Net Income $ 362,665 $ 362,374 $ 834,235 $ 1,085,317 Less: income allocated to participating securities* — 812 — 2,750 Net income allocated to common stockholders $ 362,665 $ 361,562 $ 834,235 $ 1,082,567 Basic shares: Weighted-average shares outstanding 368,791 369,533 368,417 369,160 Earnings per common share basic: $ 0.98 $ 0.98 $ 2.26 $ 2.93 Diluted shares: Weighted-average shares outstanding 368,791 369,533 368,417 369,160 Assumed exercise of common stock equivalents 3,212 3,544 3,440 3,807 Weighted-average common and common equivalent shares 372,003 373,077 371,857 372,967 Earnings per common share diluted: $ 0.97 $ 0.97 $ 2.24 $ 2.90 Anti-dilutive shares related to: Outstanding stock-based awards 384 446 487 963 *The amounts in the three-month and nine-month periods ended August 1, 2020 are not material.

Special Charges

Special Charges	9 Months Ended
	Aug. 01, 2020
Restructuring and Related Activities [Abstract]
Special Charges	Special Charges The following table is a quarterly roll-forward from November 2, 2019 to August 1, 2020 of the employee separation and exit cost accruals established related to existing restructuring actions: Accrued Restructuring Closure of Manufacturing Facilities Repositioning Action Other Actions Balance at November 2, 2019 $ 50,401 $ 58,895 $ 5,523 First quarter fiscal 2020 special charges, net 1,982 9,154 — Severance and other payments (908) (29,597) (471) Effect of foreign currency on accrual (30) (21) — Balance at February 1, 2020 $ 51,445 $ 38,431 $ 5,052 Second quarter fiscal 2020 special charges, net 1,320 — — Severance and other payments (2,564) (15,025) (327) Effect of foreign currency on accrual (17) (127) — Balance at May 2, 2020 $ 50,184 $ 23,279 $ 4,725 Third quarter fiscal 2020 special charges, net (1,402) 33,232 — Severance and other payments (1,360) (12,824) (198) Effect of foreign currency on accrual 17 172 — Balance at August 1, 2020 $ 47,439 $ 43,859 $ 4,527 Accrued liabilities $ 47,439 $ 43,859 $ 4,527 Repositioning Action The Company recorded special charges of $130.5 million on a cumulative basis through August 1, 2020, as a result of organizational initiatives to better align the global workforce with the Company's long-term strategic plan. Approximately $116.3 million of the total charges was for severance and fringe benefit costs in accordance with either the Company's ongoing benefit plan or statutory requirements for the impacted manufacturing, engineering and selling, marketing, general and administrative (SMG&A) employees. The remaining $14.2 million of the charges were recorded in fiscal 2019 and related to the write-off of acquired intellectual property due to the Company's decision to discontinue certain product development strategies. Closure of Manufacturing Facilities

Property, Plant and Equipment

Property, Plant and Equipment	9 Months Ended
	Aug. 01, 2020
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment (PP&E) is identified as held for sale when it meets the held for sale criteria of Accounting Standards Codification Topic 360, Property, Plant, and Equipment (ASC 360). Depreciation is not recorded for assets that are classified as held for sale. When an asset meets the held for sale criteria, its carrying value is reclassified from the relevant PP&E line items and into current assets on the balance sheet, where it remains until either it is sold or it no longer meets the held for sale criteria. The fair value of assets held for sale is considered to be a Level 3 fair value measurement, and is determined based on the use of appraisals and input from market participants. As discussed in Note 6, Special Charges , the Company is planning to transition testing operations currently handled in its Singapore facility to its facilities in Penang, Malaysia and the Philippines, in addition to its outsourced assembly and test partners. Accordingly, management has entered into an agreement to sell the facility in Singapore in May 2021 and has determined that this facility and certain equipment therein have met the held for sale criteria as specified in ASC 360. No write-down to fair value was required upon this designation, as the fair value of the asset group, less costs to sell, was greater than its carrying value. As shown below, this carrying value was reclassified from PP&E to Prepaid expenses and other current assets as of August 1, 2020. August 1, 2020 Land and buildings $ 36,451 Machinery and equipment 1,468 Office equipment 197 Leasehold improvements 5,744 43,860 Less accumulated depreciation and amortization (21,706) Net property, plant and equipment reclassified to Prepaid expenses and other current assets $ 22,154

Segment Information

Segment Information	9 Months Ended
	Aug. 01, 2020
Segment Reporting [Abstract]
Segment Information	Segment InformationThe Company designs, develops, manufactures and markets a broad range of integrated circuits. The Company operates and tracks its results in one reportable segment based on the aggregation of eight operating segments, which reflects the consolidation of one operating segment into the existing operating segments in the three-months ended August 1, 2020 as a result of a continued refinement of the Company's organizational structure. Due to the current macroeconomic environment, in the second quarter of fiscal 2020, the Company elected to perform a quantitative goodwill impairment analysis for one of its reporting units. As a result of this analysis, management concluded that the reporting unit’s fair value exceeded its carrying amount as of the May 2, 2020 assessment date and no risk of impairment existed. Revenue Trends by End Market The following table summarizes revenue by end market. The categorization of revenue by end market is determined using a variety of data points including the technical characteristics of the product, the “sold to” customer information, the “ship to” customer information and the end customer product or application into which the Company’s product will be incorporated. As data systems for capturing and tracking this data and the Company's methodology evolve and improve, the categorization of products by end market can vary over time. When this occurs, the Company reclassifies revenue by end market for prior periods. Such reclassifications typically do not materially change the sizing of, or the underlying trends of results within, each end market. Three Months Ended August 1, 2020 August 3, 2019 Revenue % of Revenue* Y/Y% Revenue % of Revenue* Industrial $ 774,353 53 % 3 % $ 753,118 51 % Communications 363,613 25 % 14 % 319,250 22 % Automotive 162,480 11 % (29) % 228,235 15 % Consumer 155,690 11 % (13) % 179,540 12 % Total revenue $ 1,456,136 100 % (2) % $ 1,480,143 100 % Nine Months Ended August 1, 2020 August 3, 2019 Revenue % of Revenue* Y/Y% Revenue % of Revenue* Industrial $ 2,174,183 53 % (4) % $ 2,262,597 50 % Communications 880,921 22 % (14) % 1,030,283 23 % Automotive 551,395 14 % (22) % 708,711 16 % Consumer 470,262 12 % (14) % 546,255 12 % Total revenue $ 4,076,761 100 % (10) % $ 4,547,846 100 % * The sum of the individual percentages may not equal the total due to rounding. Revenue by Sales Channel The following table summarizes revenue by channel. The Company sells its products globally through a direct sales force, third party distributors, independent sales representatives and via its website. Distributors are customers that buy products with the intention of reselling them. Direct customers are non-distributor customers and consist primarily of original equipment manufacturers (OEMs). Other customers include the U.S. government, government prime contractors and certain commercial customers for which revenue is recorded over time. Three Months Ended August 1, 2020 August 3, 2019 Channel Revenue % of Revenue* Revenue % of Revenue* Distributors $ 819,472 56 % $ 863,055 58 % Direct customers 614,770 42 % 600,609 41 % Other 21,894 2 % 16,479 1 % Total revenue $ 1,456,136 100 % $ 1,480,143 100 % Nine Months Ended August 1, 2020 August 3, 2019 Channel Revenue % of Revenue* Revenue % of Revenue* Distributors $ 2,317,421 57 % $ 2,563,807 56 % Direct customers 1,692,152 42 % 1,930,935 42 % Other 67,188 2 % 53,104 1 % Total revenue $ 4,076,761 100 % $ 4,547,846 100 % * The sum of the individual percentages may not equal the total due to rounding.

Fair Value

Fair Value	9 Months Ended
	Aug. 01, 2020
Fair Value Disclosures [Abstract]
Fair Value	Fair Value The Company defines fair value as the price that would be received to sell an asset or be paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company applies the following fair value hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Level 1 — Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 — Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. If the asset or liability has a specified (contractual) term, a Level 2 input must be observable for substantially the full term of the asset or liability. Level 3 — Level 3 inputs are unobservable inputs for the asset or liability in which there is little, if any, market activity for the asset or liability at the measurement date. The tables below, set forth by level, presents the Company’s financial assets and liabilities, excluding accrued interest components that were accounted for at fair value on a recurring basis as of August 1, 2020 and November 2, 2019. The tables exclude cash on hand and assets and liabilities that are measured at historical cost or any basis other than fair value. As of August 1, 2020 and November 2, 2019, the Company held $144.8 million and $231.4 million, respectively, of cash and held-to-maturity investments that were excluded from the tables below. August 1, 2020 Fair Value measurement at Reporting Date using: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Total Assets Cash equivalents: Available-for-sale: Government and institutional money market funds $ 945,471 $ — $ 945,471 Other assets: Deferred compensation investments 52,956 — 52,956 Forward foreign currency exchange contracts (1) — 8,400 8,400 Total assets measured at fair value $ 998,427 $ 8,400 $ 1,006,827 Liabilities Interest rate derivatives $ — $ 258,071 $ 258,071 Total liabilities measured at fair value $ — $ 258,071 $ 258,071 (1) The Company has master netting arrangements by counterparty with respect to derivative contracts. See Note 10, Derivatives, in these Notes to Condensed Consolidated Financial Statements for more information related to the Company's master netting arrangements. November 2, 2019 Fair Value measurement at Reporting Date using: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Total Assets Cash equivalents: Available-for-sale: Government and institutional money market funds $ 416,890 $ — $ 416,890 Other assets: Deferred compensation investments 48,302 — 48,302 Total assets measured at fair value $ 465,192 $ — $ 465,192 Liabilities Interest rate derivatives $ — $ 138,798 $ 138,798 Total liabilities measured at fair value $ — $ 138,798 $ 138,798 The following methods and assumptions were used by the Company in estimating its fair value disclosures for financial instruments: Cash equivalents — These investments are adjusted to fair value based on quoted market prices or are determined using a yield curve model based on current market rates. Deferred compensation plan investments — The fair value of these mutual fund, money market fund and equity investments are based on quoted market prices. Interest rate derivatives — The fair value of the interest rate derivatives is estimated using a discounted cash flow analysis based on the contractual terms of the derivative. Forward foreign currency exchange contracts — The estimated fair value of forward foreign currency exchange contracts, which includes derivatives that are accounted for as cash flow hedges and those that are not designated as cash flow hedges, is based on the estimated amount the Company would receive if it sold these agreements at the reporting date taking into consideration current interest rates as well as the creditworthiness of the counterparty for assets and the Company’s creditworthiness for liabilities. The fair value of these instruments is based upon valuation models using current market information such as strike price, spot rate, maturity date and volatility. Financial Instruments Not Recorded at Fair Value on a Recurring Basis Held for sale assets — The fair value of assets held for sale is considered to be a Level 3 fair value measurement, and is determined based on the use of appraisals and input from market participants. Debt — The table below presents the estimated fair value of certain financial instruments not recorded at fair value on a recurring basis. The carrying amounts of the term loan approximates fair value. The term loan is classified as a Level 2 measurement according to the fair value hierarchy. The fair values of the senior unsecured notes are obtained from broker prices and are classified as Level 1 measurements according to the fair value hierarchy. August 1, 2020 November 2, 2019 Principal Amount Outstanding Fair Value Principal Amount Outstanding Fair Value 3-Year term loan, due March 2022 $ 925,000 $ 925,000 $ 925,000 $ 925,000 2.85% Senior unsecured notes, due March 2020 — — 300,000 300,872 2.95% Senior unsecured notes, due January 2021 450,000 455,085 450,000 454,634 2.50% Senior unsecured notes, due December 2021 400,000 410,100 400,000 402,591 2.875% Senior unsecured notes, due June 2023 500,000 528,773 500,000 511,190 3.125% Senior unsecured notes, due December 2023 550,000 594,446 550,000 567,159 2.95% Senior unsecured notes, due April 2025 400,000 439,468 — — 3.90% Senior unsecured notes, due December 2025 850,000 980,777 850,000 914,567 3.50% Senior unsecured notes, due December 2026 900,000 1,026,081 900,000 940,192 4.50% Senior unsecured notes, due December 2036 250,000 310,681 250,000 270,891 5.30% Senior unsecured notes, due December 2045 400,000 576,504 400,000 491,439 Total debt $ 5,625,000 $ 6,246,915 $ 5,525,000 $ 5,778,535

Derivatives

Derivatives	9 Months Ended
	Aug. 01, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives Foreign Exchange Exposure Management — The Company enters into forward foreign currency exchange contracts to offset certain operational and balance sheet exposures from the impact of changes in foreign currency exchange rates. Such exposures result from the portion of the Company’s operations, assets and liabilities that are denominated in currencies other than the U.S. dollar, primarily the Euro; other significant exposures include the British Pound, Philippine Peso and the Japanese Yen. Derivative instruments are employed to eliminate or minimize certain foreign currency exposures that can be confidently identified and quantified. These foreign currency exchange contracts are entered into to support transactions made in the normal course of business, and accordingly, are not speculative in nature. The contracts are for periods consistent with the terms of the underlying transactions, generally one year or less. Hedges related to anticipated transactions are matched with the underlying exposures at inception and designated and documented as cash flow hedges. They are qualitatively evaluated for effectiveness on a quarterly basis. The gain or loss on the derivative is recorded as a component of AOCI in shareholders’ equity and is reclassified into earnings in the same line item on the Consolidated Statements of Income as the impact of the hedged transaction in the same period during which the hedged transaction affects earnings. The total notional amounts of forward foreign currency derivative instruments designated as hedging instruments of cash flow hedges denominated in Euros, British Pounds, Philippine Pesos and Japanese Yen as of August 1, 2020 and November 2, 2019 were $202.8 million and $191.1 million, respectively. The fair values of forward foreign currency derivative instruments designated as hedging instruments in the Company’s Condensed Consolidated Balance Sheets as of August 1, 2020 and November 2, 2019 were as follows: Fair Value At Balance Sheet Location August 1, 2020 November 2, 2019 Forward foreign currency exchange contracts Prepaid expenses and other current assets $ 9,811 $ 65 As of August 1, 2020 and November 2, 2019, the total notional amounts of undesignated hedges related to forward foreign currency exchange contracts were $32.3 million and $55.3 million, respectively. The fair values of these hedging instruments in the Company’s Condensed Consolidated Balance Sheets were immaterial as of August 1, 2020 and November 2, 2019. All the Company’s derivative financial instruments are eligible for netting arrangements that allow the Company and its counterparties to net settle amounts owed to each other. Derivative assets and liabilities that can be net settled under these arrangements have been presented in the Company's Condensed Consolidated Balance Sheets on a net basis. As of August 1, 2020 and November 2, 2019, none of the netting arrangements involved collateral. The following table presents the gross amounts of the Company's forward foreign currency exchange contract derivative assets and liabilities and the net amounts recorded in the Company's Condensed Consolidated Balance Sheets: August 1, 2020 November 2, 2019 Gross amount of recognized assets $ 10,059 $ 2,828 Gross amounts of recognized liabilities offset in the Condensed Consolidated Balance Sheets (1,659) (2,828) Net assets presented in the Condensed Consolidated Balance Sheets $ 8,400 $ — As of August 1, 2020 and November 2, 2019, the fair value of the interest rate swap agreement designated as a cash flow hedge was $258.1 million and $138.8 million, respectively, and is included within Accrued liabilities in the Company's Condensed Consolidated Balance Sheets. The market risk associated with the Company’s derivative instruments results from currency exchange rate or interest rate movements that are expected to offset the market risk of the underlying transactions, assets and liabilities being hedged. The counterparties to the agreements relating to the Company’s derivative instruments consist of a number of major international financial institutions with high credit ratings. Based on the credit ratings of the Company’s counterparties as of August 1, 2020 and November 2, 2019, nonperformance is not perceived to be a material risk. Furthermore, none of the Company’s derivatives are subject to collateral or other security arrangements and none contain provisions that are dependent on the Company’s credit ratings from any credit rating agency. While the contract or notional amounts of derivative financial instruments provide one measure of the volume of these transactions, they do not represent the amount of the Company’s exposure to credit risk. The amounts potentially subject to credit risk (arising from the possible inability of counterparties to meet the terms of their contracts) are generally limited to the amounts, if any, by which the counterparties’ obligations under the contracts exceed the obligations of the Company to the counterparties. As a result of the above considerations, the Company does not consider the risk of counterparty default to be significant. For information on the unrealized holding gains (losses) on derivatives included in and reclassified out of AOCI into the Condensed Consolidated Statements of Income related to forward foreign currency exchange contracts, see Note 4, Accumulated Other Comprehensive (Loss) Income, in these Notes to Condensed Consolidated Financial Statements for further information.

Debt

Debt	9 Months Ended
	Aug. 01, 2020
Debt Disclosure [Abstract]
Debt	Debt Term Loan Agreement On June 28, 2019, the Company entered into a term loan credit agreement (Term Loan Agreement) with the Company as the borrower and JPMorgan Chase Bank, N.A. as administrative agent and the other banks identified therein as lenders, for an unsecured term loan facility in the principal amount of $1.25 billion, maturing on March 10, 2022. Loans under the term loan facility bear interest, at the Company’s option, at either a rate equal to (a) the Adjusted LIBO Rate (as defined in the Term Loan Agreement) plus a margin based on the Company’s debt rating or (b) the Base Rate (defined as the highest of (i) the prime rate, (ii) the NYFRB Rate (as defined in the Term Loan Agreement) plus .50%, and (iii) one month Adjusted LIBO Rate plus 1.00%) plus a margin based on the Company’s debt rating. The Term Loan Agreement contains customary representations and warranties, affirmative and negative covenants and events of default applicable to the Company and its subsidiaries. The events of default include, among others, nonpayment of principal, interest, fees or other amounts, failure to perform certain covenants, cross-defaults to certain other indebtedness, insolvency or bankruptcy, customary ERISA defaults or the occurrence of a change of control. The negative covenants include limitations on liens, indebtedness of non-guarantor subsidiaries and mergers and other fundamental changes, among others. The Term Loan Agreement also requires the Company to maintain a consolidated leverage ratio of total consolidated funded debt to consolidated EBITDA (earnings before interest, taxes, depreciation, and amortization) for a trailing twelve-month period of not greater than 3.5 to 1.0, assuming the Company does not undertake any significant acquisitions, mergers, and other fundamental changes. Should such a change occur, the Company may be authorized to increase the covenant back to 4.0 to 1.0. As of August 1, 2020, the Company was compliant with these covenants. Senior Notes On April 8, 2020, in an underwritten public offering, the Company issued its first green bond consisting of $400.0 million aggregate principal amount of 2.95% senior unsecured notes due April 1, 2025 (the 2025 Notes). Interest on the 2025 Notes is payable on April 1 and October 1 of each year, beginning on October 1, 2020. The Company intends to use the net proceeds of $395.6 million from the green bond offering to finance or refinance, in whole or in part, one or more new or existing eligible projects involving renewable energy, energy efficiency, green buildings, sustainable water and wastewater management, pollution prevention and control, clean transportation or eco-efficient and/or circular economy adapted products, production technologies and processes. Debt discount and underwriting fees will be amortized over the life of the debt. At any time prior to March 1, 2025, the Company may, at its option, redeem some or all of the 2025 Notes at a redemption price equal to the greater of 100% of the principal amount of the 2025 Notes being redeemed and the make-whole premium, plus accrued and unpaid interest on the 2025 Notes being redeemed, if any, to but excluding the date of redemption. The 2025 Notes are unsecured and rank equally in right of payment with all of the Company's other existing and future unsecured senior indebtedness. The 2025 Notes were issued pursuant to an indenture, as supplemented by a supplemental indenture, and the indenture and supplemental indenture contain certain covenants, events of default and other customary provisions. As of August 1, 2020, the Company was in compliance with these covenants. On March 12, 2020, the Company repaid $300.0 million of principal on its 2.85% senior unsecured notes that were contractually due in March 2020. This obligation has been paid in full and is no longer outstanding. Revolving Credit Agreement On June 28, 2019, the Company entered into a second amended and restated revolving credit agreement (Revolving Credit Agreement) with the Company as borrower and Bank of America, N.A. as administrative agent and the other banks identified therein as lenders, which further amended and restated its amended and restated revolving credit agreement dated as of September 23, 2016. The Revolving Credit Agreement provides for a five The Revolving Credit Agreement contains the customary representations and warranties, and affirmative and negative covenants and events of default applicable to the Company and its subsidiaries. As of August 1, 2020, the Company was in compliance with these covenants.

Inventories

Inventories	9 Months Ended
	Aug. 01, 2020
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories at August 1, 2020 and November 2, 2019 were as follows: August 1, 2020 November 2, 2019 Raw materials $ 33,234 $ 35,447 Work in process 446,136 400,409 Finished goods 133,276 174,030 Total inventories $ 612,646 $ 609,886

Income Taxes

Income Taxes	9 Months Ended
	Aug. 01, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s effective tax rates for the three- and nine-month periods ended August 1, 2020 and August 3, 2019 were below the U.S. statutory tax rate of 21.0%, due to lower statutory tax rates applicable to the Company's operations in the foreign jurisdictions in which it earns income. The tax rates for the three- and nine-month periods ended August 1, 2020 were also impacted by discrete income tax benefits of $33.7 million recorded in the third quarter of fiscal 2020, comprised primarily of $25.9 million of income tax benefits resulting from the resolution of the Internal Revenue Service (IRS) audit of Linear’s pre-acquisition federal income tax returns for Linear's fiscal years 2015 through 2017 and other income tax benefits recorded upon filing of the Company's federal income tax return for fiscal 2019. The Company has numerous audits ongoing throughout the world including: an IRS income tax audit for the fiscal year ended November 3, 2018 (fiscal 2018); various U.S. state and local tax audits; and international audits, including the transfer pricing audit in Ireland discussed below. In February 2018, the Financial Accounting Standards Board (FASB) issued ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

New Accounting Pronouncements

New Accounting Pronouncements	9 Months Ended
	Aug. 01, 2020
Accounting Standards Update and Change in Accounting Principle [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements Standards Implemented Leases In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) (ASU 2016-02). ASU 2016-02 requires a lessee to recognize most leases on the balance sheet but recognize expenses on the income statement in a manner similar to current practice. The update states that a lessee will recognize a lease liability for the obligation to make lease payments and a right-to-use asset for the right to use the underlying assets for the lease term. Leases will continue to be classified as either financing or operating, with classification affecting the recognition, measurement and presentation of expenses and cash flows arising from a lease. In January 2018, the FASB issued ASU 2018-01, Leases (Topic 842): Land Easement Practical Expedient for Transition to Topic 842 (ASU 2018-01). ASU 2018-01 permits an entity to elect an optional transition practical expedient to not evaluate land easements that existed or expired before the entity’s adoption of Topic 842 and that were not previously accounted for as leases under Topic 840. In July 2018, the FASB issued ASU 2018-11, Leases – Targeted Improvements (Topic 842) (ASU 2018-11), which provides for an additional transition method that allows companies to apply the new lease standard at the adoption date, eliminating the requirement to apply the standard to the earliest period presented in the financial statements. ASU 2016-02, ASU 2018-01 and ASU 2018-11 are effective for financial statements issued for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. The Company adopted the standard in the first quarter of fiscal 2020 under the modified retrospective approach. As allowed by the new standard, the Company elected the package of transition practical expedients but elected to not apply the hindsight practical expedient to its leases at transition. As a result, the Company was not required to reassess (i) whether any expired or existing contracts are or contain leases, (ii) the classification of any expired or existing leases and (iii) the treatment of initial direct costs for any existing leases. The Company also elected not to separate lease and non-lease components for its leases. Instead, for all applicable classes of underlying assets, the Company accounts for each separate lease component and the non-lease components associated with that lease component, as a single lease component. Additionally, the Company has elected the short-term lease exception for all classes of assets, does not apply the recognition requirements for leases of twelve months or less, and recognizes lease payments for short-term leases as expense either straight-line over the lease term or as incurred depending on whether the lease payments are fixed or variable. These elections are applied consistently for all leases. Upon adoption on November 3, 2019, the Company recorded operating lease liabilities of $301.4 million and operating lease assets for its leases of $233.2 million. The operating lease assets are net of liabilities of $68.2 million for deferred rent and unamortized landlord construction allowances that were previously recorded in Accrued liabilities and Other non-current liabilities in the Condensed Consolidated Balance Sheets. Operating lease right-of-use assets are presented within Other assets and corresponding liabilities are presented within Accrued liabilities and Other non-current liabilities in the Condensed Consolidated Balance Sheets. There was no material impact to the Condensed Consolidated Statements of Income or Condensed Consolidated Statements of Cash Flows. Please refer to Note 2 , Leases for information regarding the Company's lease portfolio as of August 1, 2020. Comprehensive Income In February 2018, the FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (ASU 2018-02). ASU 2018-02 allows stranded tax effects resulting from changes to tax legislation to be reclassified from AOCI to retained earnings. The Company adopted this ASU during the first quarter of fiscal 2020 and therefore applied the ASU in the period of adoption using the specific identification approach. As a result, the Company reclassified approximately $2.4 million from AOCI into retained earnings. The Company does not expect to record any additional reclassification adjustments in subsequent periods barring further regulatory changes. Please refer to Note 13, Income Taxes for additional information regarding the Company's accounting policy for releasing stranded income tax effects from AOCI. Other The following standards were adopted during the first quarter of fiscal 2020 and did not have a material impact on the Company's financial position and results of operations: • ASU 2017-11, Earnings Per Share (Topic 860), Distinguishing Liabilities from Equity (Topic 480), and Derivatives and Hedging (Topic 815): I. Accounting for Certain Financial Instruments with Down Round Features II. Replacement of the Indefinite Deferral Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception; • ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities; and • ASU 2018-07, Compensation - Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting. Standards to Be Implemented Retirement Benefits In August 2018, the FASB issued ASU 2018-14, Compensation-Retirement Benefits-Defined Benefit Plans-General (Topic 715-20): Disclosure Framework-Changes to the Disclosure Requirements for Defined Benefit Plans (ASU 2018-14), which modifies the disclosure requirements for defined benefit pension plans and other post-retirement plans. ASU 2018-14 is effective for fiscal years ending after December 15, 2020, with early adoption permitted. ASU 2018-14 is effective for the Company in the first quarter of the fiscal year ending October 30, 2021 (fiscal 2021). The adoption of ASU 2018-14 will modify the Company's disclosures for defined benefit plans and other post-retirement plans but is not expected to impact its financial position or results of operations. Financial Instruments In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments (ASU 2016-13). ASU 2016-13 requires a financial asset (or group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial asset(s) to present the net carrying value at the amount expected to be collected on the financial asset. In 2019, the FASB issued ASU 2019-05, Financial Instruments - Credit Losses (Topic 326): Targeted Transition Relief (ASU 2019-05) and ASU 2019-11, Codification Improvements to Topic 326 (ASU 2019-11). ASU 2019-05 allows an entity to irrevocably elect the fair value option for certain financial instruments. Once elected, an entity would recognize the difference between the carrying amount and the fair value of the financial instrument as part of the cumulative effect adjustments associated with the adoption of ASU 2016-13. ASU 2019-11 allows entities to exclude the accrued interest component of amortized cost from various disclosures required by ASC 326. These ASUs are effective for fiscal years beginning after December 15, 2019, and for interim periods within those fiscal years; and therefore, are effective for the Company in the first quarter of fiscal 2021. The Company is currently evaluating the impact, if any, adoption will have on its financial position and results of operations. Income taxes In December 2019, the FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes . ASU 2019-12 eliminates certain exceptions related to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period and the recognition of deferred tax liabilities for outside basis differences. It also clarifies and simplifies other aspects of the accounting for income taxes. ASU 2019-12 is effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years. The Company is currently evaluating the adoption date and impact, if any, adoption will have on its financial position and results of operations.

Acquisitions

Acquisitions	9 Months Ended
	Aug. 01, 2020
Business Combinations [Abstract]
Acquisitions	Acquisitions Proposed acquisition of Maxim Integrated Products, Inc. On July 12, 2020, the Company entered into a definitive agreement (the Merger Agreement) to acquire Maxim, an independent manufacturer of innovative analog and mixed-signal products and technologies. Under the terms of the Merger Agreement, Maxim stockholders will receive, for each outstanding share of Maxim common stock, 0.630 of a share of the Company’s common stock at the closing. The estimated merger consideration is approximately $20.0 billion based on the closing price of the Company's common stock on August 14, 2020. The value of the merger consideration will fluctuate based upon changes in the price of the Company's common stock and the number of shares of Maxim common stock, restricted stock awards and restricted stock unit awards outstanding on the closing date. The transaction is subject to customary closing conditions, including antitrust regulatory clearances, approval by Maxim stockholders, and approval by the Company's shareholders of the issuance of shares of the Company's common stock. The Merger Agreement includes termination rights for both the Company and Maxim. Maxim and the Company have each agreed to pay a termination fee of $725.0 million in cash to the other party if the Merger Agreement is terminated in certain circumstances involving an acquisition proposal, a change of recommendation or a breach of the other party’s non-solicitation obligations under the Merger Agreement. In addition, the Company may be required to pay Maxim a regulatory termination fee of $830.0 million in cash if the Merger Agreement is terminated in certain circumstances involving the failure to obtain required regulatory approvals. In the third quarter of fiscal 2020, the Company incurred $9.1 million of transaction-related costs recorded within Selling, marketing, general and administrative expenses in the Company's Condensed Consolidated Statement of Income.

Subsequent Events

Subsequent Events	9 Months Ended
	Aug. 01, 2020
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsOn August 18, 2020, the Board of Directors of the Company declared a cash dividend of $0.62 per outstanding share of common stock. The dividend will be paid on September 9, 2020 to all shareholders of record at the close of business on August 28, 2020 and is expected to total approximately $228.9 million.

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Aug. 01, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fiscal Period	The Company has a 52-53 week fiscal year that ends on the Saturday closest to the last day in October. Certain amounts reported in previous periods have been reclassified to conform to the fiscal 2020 presentation.
Leases	The Company enters into operating leases which primarily relate to certain facilities. The Company determines whether an arrangement is or contains a lease based on the unique facts and circumstances present at the inception of an arrangement. Lease assets represent the Company's right to use underlying assets for the lease term, and lease liabilities represent the obligation to make lease payments over the lease term. At lease commencement, leases are evaluated for classification, and assets and liabilities are recognized based on the present value of lease payments over the lease term. The interest rate implicit in lease contracts is typically not readily determinable. As such, the Company utilizes the appropriate incremental borrowing rate, which is the rate incurred to borrow on a collateralized basis over a similar term at an amount equal to the lease payments in a similar economic environment. Certain adjustments to the right-of-use asset may be required for items such as initial direct costs paid or incentives received, such as construction allowances from landlords and/or rent abatements subsequent to taking possession of the leased property. The Company has agreements with lease and non-lease components, which are accounted for as a single lease component. Non-lease components may include real estate taxes, insurance, maintenance, parking and other operating costs. If these costs are variable costs they are not included in the measurement of the right-of-use assets and lease liabilities, but are expensed when the event determining the amount of variable consideration to be paid occurs.
Fair Value	The following methods and assumptions were used by the Company in estimating its fair value disclosures for financial instruments: Cash equivalents — These investments are adjusted to fair value based on quoted market prices or are determined using a yield curve model based on current market rates. Deferred compensation plan investments — The fair value of these mutual fund, money market fund and equity investments are based on quoted market prices. Interest rate derivatives — The fair value of the interest rate derivatives is estimated using a discounted cash flow analysis based on the contractual terms of the derivative. Forward foreign currency exchange contracts — The estimated fair value of forward foreign currency exchange contracts, which includes derivatives that are accounted for as cash flow hedges and those that are not designated as cash flow hedges, is based on the estimated amount the Company would receive if it sold these agreements at the reporting date taking into consideration current interest rates as well as the creditworthiness of the counterparty for assets and the Company’s creditworthiness for liabilities. The fair value of these instruments is based upon valuation models using current market information such as strike price, spot rate, maturity date and volatility. Held for sale assets — The fair value of assets held for sale is considered to be a Level 3 fair value measurement, and is determined based on the use of appraisals and input from market participants.
Derivatives	Foreign Exchange Exposure Management — The Company enters into forward foreign currency exchange contracts to offset certain operational and balance sheet exposures from the impact of changes in foreign currency exchange rates. Such exposures result from the portion of the Company’s operations, assets and liabilities that are denominated in currencies other than the U.S. dollar, primarily the Euro; other significant exposures include the British Pound, Philippine Peso and the Japanese Yen. Derivative instruments are employed to eliminate or minimize certain foreign currency exposures that can be confidently identified and quantified. These foreign currency exchange contracts are entered into to support transactions made in the normal course of business, and accordingly, are not speculative in nature. The contracts are for periods consistent with the terms of the underlying transactions, generally one year or less. Hedges related to anticipated transactions are matched with the underlying exposures at inception and designated and documented as cash flow hedges. They are qualitatively evaluated for effectiveness on a quarterly basis. The gain or loss on the derivative is recorded as a component of AOCI in shareholders’ equity and is reclassified into earnings in the same line item on the Consolidated Statements of Income as the impact of the hedged transaction in the same period during which the hedged transaction affects earnings. As of August 1, 2020 and November 2, 2019, the fair value of the interest rate swap agreement designated as a cash flow hedge was $258.1 million and $138.8 million, respectively, and is included within Accrued liabilities in the Company's Condensed Consolidated Balance Sheets. The market risk associated with the Company’s derivative instruments results from currency exchange rate or interest rate movements that are expected to offset the market risk of the underlying transactions, assets and liabilities being hedged. The counterparties to the agreements relating to the Company’s derivative instruments consist of a number of major international financial institutions with high credit ratings. Based on the credit ratings of the Company’s counterparties as of August 1, 2020 and November 2, 2019, nonperformance is not perceived to be a material risk. Furthermore, none of the Company’s derivatives are subject to collateral or other security arrangements and none contain provisions that are dependent on the Company’s credit ratings from any credit rating agency. While the contract or notional amounts of derivative financial instruments provide one measure of the volume of these transactions, they do not represent the amount of the Company’s exposure to credit risk. The amounts potentially subject to credit risk (arising from the possible inability of counterparties to meet the terms of their contracts) are generally limited to the amounts, if any, by which the counterparties’ obligations under the contracts exceed the obligations of the Company to the counterparties. As a result of the above considerations, the Company does not consider the risk of counterparty default to be significant.
Standards Implemented	Standards Implemented Leases In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) (ASU 2016-02). ASU 2016-02 requires a lessee to recognize most leases on the balance sheet but recognize expenses on the income statement in a manner similar to current practice. The update states that a lessee will recognize a lease liability for the obligation to make lease payments and a right-to-use asset for the right to use the underlying assets for the lease term. Leases will continue to be classified as either financing or operating, with classification affecting the recognition, measurement and presentation of expenses and cash flows arising from a lease. In January 2018, the FASB issued ASU 2018-01, Leases (Topic 842): Land Easement Practical Expedient for Transition to Topic 842 (ASU 2018-01). ASU 2018-01 permits an entity to elect an optional transition practical expedient to not evaluate land easements that existed or expired before the entity’s adoption of Topic 842 and that were not previously accounted for as leases under Topic 840. In July 2018, the FASB issued ASU 2018-11, Leases – Targeted Improvements (Topic 842) (ASU 2018-11), which provides for an additional transition method that allows companies to apply the new lease standard at the adoption date, eliminating the requirement to apply the standard to the earliest period presented in the financial statements. ASU 2016-02, ASU 2018-01 and ASU 2018-11 are effective for financial statements issued for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. The Company adopted the standard in the first quarter of fiscal 2020 under the modified retrospective approach. As allowed by the new standard, the Company elected the package of transition practical expedients but elected to not apply the hindsight practical expedient to its leases at transition. As a result, the Company was not required to reassess (i) whether any expired or existing contracts are or contain leases, (ii) the classification of any expired or existing leases and (iii) the treatment of initial direct costs for any existing leases. The Company also elected not to separate lease and non-lease components for its leases. Instead, for all applicable classes of underlying assets, the Company accounts for each separate lease component and the non-lease components associated with that lease component, as a single lease component. Additionally, the Company has elected the short-term lease exception for all classes of assets, does not apply the recognition requirements for leases of twelve months or less, and recognizes lease payments for short-term leases as expense either straight-line over the lease term or as incurred depending on whether the lease payments are fixed or variable. These elections are applied consistently for all leases. Upon adoption on November 3, 2019, the Company recorded operating lease liabilities of $301.4 million and operating lease assets for its leases of $233.2 million. The operating lease assets are net of liabilities of $68.2 million for deferred rent and unamortized landlord construction allowances that were previously recorded in Accrued liabilities and Other non-current liabilities in the Condensed Consolidated Balance Sheets. Operating lease right-of-use assets are presented within Other assets and corresponding liabilities are presented within Accrued liabilities and Other non-current liabilities in the Condensed Consolidated Balance Sheets. There was no material impact to the Condensed Consolidated Statements of Income or Condensed Consolidated Statements of Cash Flows. Please refer to Note 2 , Leases for information regarding the Company's lease portfolio as of August 1, 2020. Comprehensive Income In February 2018, the FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (ASU 2018-02). ASU 2018-02 allows stranded tax effects resulting from changes to tax legislation to be reclassified from AOCI to retained earnings. The Company adopted this ASU during the first quarter of fiscal 2020 and therefore applied the ASU in the period of adoption using the specific identification approach. As a result, the Company reclassified approximately $2.4 million from AOCI into retained earnings. The Company does not expect to record any additional reclassification adjustments in subsequent periods barring further regulatory changes. Please refer to Note 13, Income Taxes for additional information regarding the Company's accounting policy for releasing stranded income tax effects from AOCI. Other The following standards were adopted during the first quarter of fiscal 2020 and did not have a material impact on the Company's financial position and results of operations: • ASU 2017-11, Earnings Per Share (Topic 860), Distinguishing Liabilities from Equity (Topic 480), and Derivatives and Hedging (Topic 815): I. Accounting for Certain Financial Instruments with Down Round Features II. Replacement of the Indefinite Deferral Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception; • ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities; and • ASU 2018-07, Compensation - Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting. Standards to Be Implemented Retirement Benefits In August 2018, the FASB issued ASU 2018-14, Compensation-Retirement Benefits-Defined Benefit Plans-General (Topic 715-20): Disclosure Framework-Changes to the Disclosure Requirements for Defined Benefit Plans (ASU 2018-14), which modifies the disclosure requirements for defined benefit pension plans and other post-retirement plans. ASU 2018-14 is effective for fiscal years ending after December 15, 2020, with early adoption permitted. ASU 2018-14 is effective for the Company in the first quarter of the fiscal year ending October 30, 2021 (fiscal 2021). The adoption of ASU 2018-14 will modify the Company's disclosures for defined benefit plans and other post-retirement plans but is not expected to impact its financial position or results of operations. Financial Instruments In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments (ASU 2016-13). ASU 2016-13 requires a financial asset (or group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial asset(s) to present the net carrying value at the amount expected to be collected on the financial asset. In 2019, the FASB issued ASU 2019-05, Financial Instruments - Credit Losses (Topic 326): Targeted Transition Relief (ASU 2019-05) and ASU 2019-11, Codification Improvements to Topic 326 (ASU 2019-11). ASU 2019-05 allows an entity to irrevocably elect the fair value option for certain financial instruments. Once elected, an entity would recognize the difference between the carrying amount and the fair value of the financial instrument as part of the cumulative effect adjustments associated with the adoption of ASU 2016-13. ASU 2019-11 allows entities to exclude the accrued interest component of amortized cost from various disclosures required by ASC 326. These ASUs are effective for fiscal years beginning after December 15, 2019, and for interim periods within those fiscal years; and therefore, are effective for the Company in the first quarter of fiscal 2021. The Company is currently evaluating the impact, if any, adoption will have on its financial position and results of operations. Income taxes In December 2019, the FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes . ASU 2019-12 eliminates certain exceptions related to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period and the recognition of deferred tax liabilities for outside basis differences. It also clarifies and simplifies other aspects of the accounting for income taxes. ASU 2019-12 is effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years. The Company is currently evaluating the adoption date and impact, if any, adoption will have on its financial position and results of operations.

Leases (Tables)

Leases (Tables)	9 Months Ended
	Aug. 01, 2020
Leases [Abstract]
Assets And Liabilities, Lessee	The following table presents supplemental balance sheet information related to the Company's operating leases: August 1, 2020 Assets Operating lease right-of-use assets in Other assets $ 247,352 Liabilities Operating lease liabilities in Accrued liabilities $ 37,386 Operating lease liabilities in Other non-current liabilities $ 282,143
Lease, Cost	Details of the Company's operating leases are as follows: Three Months Ended Nine Months Ended August 1, 2020 August 1, 2020 Lease expense $ 11,728 $ 33,864 Cash paid for amounts included in the measurement of operating lease liabilities Operating cash flows from operating leases $ 12,159 $ 35,094 Lease assets obtained in exchange for new lease liabilities $ 11,158 $ 36,888 Weighted average remaining lease term 9.4 years 9.4 years Weighted average discount rate 3.2 % 3.2 %
Lessee, Operating Lease, Liability, Maturity	The following table presents the maturities of the Company's operating lease liabilities as of August 1, 2020: Fiscal year Operating Leases Remainder of 2020 $ 11,778 2021 46,347 2022 40,463 2023 37,053 2024 36,429 2025 34,148 Thereafter 166,800 Total future minimum operating lease payments 373,018 Less: imputed interest (53,489) Present value of operating lease liabilities $ 319,529

Stock-Based Compensation and _2

Stock-Based Compensation and Shareholders' Equity (Tables)	9 Months Ended
	Aug. 01, 2020
Share-based Payment Arrangement [Abstract]
Summary of the activity under the company's stock option plans	A summary of the Company’s stock option activity as of August 1, 2020 and changes during the nine-month period then ended is presented below: Options Outstanding (in thousands) Weighted- Average Exercise Price Per Share Weighted- Average Remaining Contractual Term in Years Aggregate Intrinsic Value Options outstanding at November 2, 2019 5,183 $65.97 Options granted 359 $94.41 Options exercised (1,032) $55.96 Options forfeited (97) $84.27 Options outstanding at August 1, 2020 4,413 $70.18 5.73 $197,106 Options exercisable at August 1, 2020 2,845 $60.81 4.66 $153,749 Options vested or expected to vest at August 1, 2020 (1) 4,309 $69.67 5.67 $194,685 (1) In addition to the vested options, the Company expects a portion of the unvested options to vest at some point in the future. The number of options expected to vest is calculated by applying an estimated forfeiture rate to the unvested options.
Schedule of share-based compensation, restricted stock units award activity	A summary of the Company’s restricted stock unit/award activity as of August 1, 2020 and changes during the nine-month period then ended is presented below: Restricted Stock Units/Awards Outstanding (in thousands) Weighted- Average Grant- Date Fair Value Per Share Restricted stock units/awards outstanding at November 2, 2019 4,396 $87.18 Units/Awards granted 1,390 $92.00 Restrictions lapsed (1,691) $86.51 Forfeited (196) $88.86 Restricted stock units/awards outstanding at August 1, 2020 3,899 $89.65
Schedule of stock-based compensation expense	Total stock-based compensation expense recognized was as follows: Three Months Ended Nine Months Ended August 1, 2020 August 3, 2019 August 1, 2020 August 3, 2019 Cost of sales $ 4,508 $ 5,247 $ 13,428 $ 15,720 Research and development 19,158 18,802 55,163 57,294 Selling, marketing, general and administrative 14,951 12,049 43,427 39,706 Special charges 943 — 943 — Total stock-based compensation expense $ 39,560 $ 36,098 $ 112,961 $ 112,720

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive (Loss) Income (Tables)	9 Months Ended
	Aug. 01, 2020
Equity [Abstract]
Components of accumulated other comprehensive loss, net of tax	The following table provides the changes in accumulated other comprehensive (loss) income (AOCI) by component and the related tax effects during the first nine months of fiscal 2020. Foreign currency translation adjustment Unrealized holding gains (losses) on derivatives Pension plans Total November 2, 2019 $ (30,076) $ (118,015) $ (39,708) $ (187,799) Other comprehensive loss before reclassifications 197 (111,684) (1,401) (112,888) Amounts reclassified out of other comprehensive income (loss) — 2,165 1,954 4,119 Tax effects — 26,503 (485) 26,018 Other comprehensive (loss) income 197 (83,016) 68 (82,751) Effect of Accounting Standards Update 2018-02 — (2,379) — (2,379) August 1, 2020 $ (29,879) $ (203,410) $ (39,640) $ (272,929)
Reclassification out of Accumulated Other Comprehensive Income	The amounts reclassified out of AOCI into the Condensed Consolidated Statements of Income and the Condensed Consolidated Statements of Shareholders' Equity with presentation location during each period were as follows: Three Months Ended Nine Months Ended Comprehensive Income Component August 1, 2020 August 3, 2019 August 1, 2020 August 3, 2019 Location Unrealized holding losses (gains) on derivatives Currency forwards $ (842) $ 185 $ (762) $ 1,382 Cost of sales (226) 652 640 2,270 Research and development (189) 617 895 2,488 Selling, marketing, general and administrative Interest rate derivatives 464 464 1,392 974 Interest expense (793) 1,918 2,165 7,114 Total before tax 79 (384) (488) (1,187) Tax Effect of Accounting Standards Update 2018-02 — — (2,379) — Retained earnings $ (714) $ 1,534 $ (702) $ 5,927 Net of tax Amortization of pension components included in the computation of net periodic pension cost Actuarial losses 672 243 1,954 754 (168) (60) (485) (186) Tax $ 504 $ 183 $ 1,469 $ 568 Net of tax Total amounts reclassified out of AOCI, net of tax $ (210) $ 1,717 $ 767 $ 6,495

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Aug. 01, 2020
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table sets forth the computation of basic and diluted earnings per share: Three Months Ended Nine Months Ended August 1, 2020 August 3, 2019 August 1, 2020 August 3, 2019 Net Income $ 362,665 $ 362,374 $ 834,235 $ 1,085,317 Less: income allocated to participating securities* — 812 — 2,750 Net income allocated to common stockholders $ 362,665 $ 361,562 $ 834,235 $ 1,082,567 Basic shares: Weighted-average shares outstanding 368,791 369,533 368,417 369,160 Earnings per common share basic: $ 0.98 $ 0.98 $ 2.26 $ 2.93 Diluted shares: Weighted-average shares outstanding 368,791 369,533 368,417 369,160 Assumed exercise of common stock equivalents 3,212 3,544 3,440 3,807 Weighted-average common and common equivalent shares 372,003 373,077 371,857 372,967 Earnings per common share diluted: $ 0.97 $ 0.97 $ 2.24 $ 2.90 Anti-dilutive shares related to: Outstanding stock-based awards 384 446 487 963 *The amounts in the three-month and nine-month periods ended August 1, 2020 are not material.

Special Charges (Tables)

Special Charges (Tables)	9 Months Ended
	Aug. 01, 2020
Restructuring and Related Activities [Abstract]
Schedule of Accrued Restructuring	The following table is a quarterly roll-forward from November 2, 2019 to August 1, 2020 of the employee separation and exit cost accruals established related to existing restructuring actions: Accrued Restructuring Closure of Manufacturing Facilities Repositioning Action Other Actions Balance at November 2, 2019 $ 50,401 $ 58,895 $ 5,523 First quarter fiscal 2020 special charges, net 1,982 9,154 — Severance and other payments (908) (29,597) (471) Effect of foreign currency on accrual (30) (21) — Balance at February 1, 2020 $ 51,445 $ 38,431 $ 5,052 Second quarter fiscal 2020 special charges, net 1,320 — — Severance and other payments (2,564) (15,025) (327) Effect of foreign currency on accrual (17) (127) — Balance at May 2, 2020 $ 50,184 $ 23,279 $ 4,725 Third quarter fiscal 2020 special charges, net (1,402) 33,232 — Severance and other payments (1,360) (12,824) (198) Effect of foreign currency on accrual 17 172 — Balance at August 1, 2020 $ 47,439 $ 43,859 $ 4,527 Accrued liabilities $ 47,439 $ 43,859 $ 4,527

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	9 Months Ended
	Aug. 01, 2020
Property, Plant and Equipment [Abstract]
Schedule of Long Lived Assets Held-for-sale	As shown below, this carrying value was reclassified from PP&E to Prepaid expenses and other current assets as of August 1, 2020. August 1, 2020 Land and buildings $ 36,451 Machinery and equipment 1,468 Office equipment 197 Leasehold improvements 5,744 43,860 Less accumulated depreciation and amortization (21,706) Net property, plant and equipment reclassified to Prepaid expenses and other current assets $ 22,154

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Aug. 01, 2020
Segment Reporting [Abstract]
Disaggregation of Revenue	The following table summarizes revenue by end market. The categorization of revenue by end market is determined using a variety of data points including the technical characteristics of the product, the “sold to” customer information, the “ship to” customer information and the end customer product or application into which the Company’s product will be incorporated. As data systems for capturing and tracking this data and the Company's methodology evolve and improve, the categorization of products by end market can vary over time. When this occurs, the Company reclassifies revenue by end market for prior periods. Such reclassifications typically do not materially change the sizing of, or the underlying trends of results within, each end market. Three Months Ended August 1, 2020 August 3, 2019 Revenue % of Revenue* Y/Y% Revenue % of Revenue* Industrial $ 774,353 53 % 3 % $ 753,118 51 % Communications 363,613 25 % 14 % 319,250 22 % Automotive 162,480 11 % (29) % 228,235 15 % Consumer 155,690 11 % (13) % 179,540 12 % Total revenue $ 1,456,136 100 % (2) % $ 1,480,143 100 % Nine Months Ended August 1, 2020 August 3, 2019 Revenue % of Revenue* Y/Y% Revenue % of Revenue* Industrial $ 2,174,183 53 % (4) % $ 2,262,597 50 % Communications 880,921 22 % (14) % 1,030,283 23 % Automotive 551,395 14 % (22) % 708,711 16 % Consumer 470,262 12 % (14) % 546,255 12 % Total revenue $ 4,076,761 100 % (10) % $ 4,547,846 100 % * The sum of the individual percentages may not equal the total due to rounding. The following table summarizes revenue by channel. The Company sells its products globally through a direct sales force, third party distributors, independent sales representatives and via its website. Distributors are customers that buy products with the intention of reselling them. Direct customers are non-distributor customers and consist primarily of original equipment manufacturers (OEMs). Other customers include the U.S. government, government prime contractors and certain commercial customers for which revenue is recorded over time. Three Months Ended August 1, 2020 August 3, 2019 Channel Revenue % of Revenue* Revenue % of Revenue* Distributors $ 819,472 56 % $ 863,055 58 % Direct customers 614,770 42 % 600,609 41 % Other 21,894 2 % 16,479 1 % Total revenue $ 1,456,136 100 % $ 1,480,143 100 % Nine Months Ended August 1, 2020 August 3, 2019 Channel Revenue % of Revenue* Revenue % of Revenue* Distributors $ 2,317,421 57 % $ 2,563,807 56 % Direct customers 1,692,152 42 % 1,930,935 42 % Other 67,188 2 % 53,104 1 % Total revenue $ 4,076,761 100 % $ 4,547,846 100 % * The sum of the individual percentages may not equal the total due to rounding.

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Aug. 01, 2020
Fair Value Disclosures [Abstract]
Fair Value of Financial Assets and Liabilities	The tables below, set forth by level, presents the Company’s financial assets and liabilities, excluding accrued interest components that were accounted for at fair value on a recurring basis as of August 1, 2020 and November 2, 2019. The tables exclude cash on hand and assets and liabilities that are measured at historical cost or any basis other than fair value. As of August 1, 2020 and November 2, 2019, the Company held $144.8 million and $231.4 million, respectively, of cash and held-to-maturity investments that were excluded from the tables below. August 1, 2020 Fair Value measurement at Reporting Date using: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Total Assets Cash equivalents: Available-for-sale: Government and institutional money market funds $ 945,471 $ — $ 945,471 Other assets: Deferred compensation investments 52,956 — 52,956 Forward foreign currency exchange contracts (1) — 8,400 8,400 Total assets measured at fair value $ 998,427 $ 8,400 $ 1,006,827 Liabilities Interest rate derivatives $ — $ 258,071 $ 258,071 Total liabilities measured at fair value $ — $ 258,071 $ 258,071 (1) The Company has master netting arrangements by counterparty with respect to derivative contracts. See Note 10, Derivatives, in these Notes to Condensed Consolidated Financial Statements for more information related to the Company's master netting arrangements. November 2, 2019 Fair Value measurement at Reporting Date using: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Total Assets Cash equivalents: Available-for-sale: Government and institutional money market funds $ 416,890 $ — $ 416,890 Other assets: Deferred compensation investments 48,302 — 48,302 Total assets measured at fair value $ 465,192 $ — $ 465,192 Liabilities Interest rate derivatives $ — $ 138,798 $ 138,798 Total liabilities measured at fair value $ — $ 138,798 $ 138,798
Schedule of Debt	The table below presents the estimated fair value of certain financial instruments not recorded at fair value on a recurring basis. The carrying amounts of the term loan approximates fair value. The term loan is classified as a Level 2 measurement according to the fair value hierarchy. The fair values of the senior unsecured notes are obtained from broker prices and are classified as Level 1 measurements according to the fair value hierarchy. August 1, 2020 November 2, 2019 Principal Amount Outstanding Fair Value Principal Amount Outstanding Fair Value 3-Year term loan, due March 2022 $ 925,000 $ 925,000 $ 925,000 $ 925,000 2.85% Senior unsecured notes, due March 2020 — — 300,000 300,872 2.95% Senior unsecured notes, due January 2021 450,000 455,085 450,000 454,634 2.50% Senior unsecured notes, due December 2021 400,000 410,100 400,000 402,591 2.875% Senior unsecured notes, due June 2023 500,000 528,773 500,000 511,190 3.125% Senior unsecured notes, due December 2023 550,000 594,446 550,000 567,159 2.95% Senior unsecured notes, due April 2025 400,000 439,468 — — 3.90% Senior unsecured notes, due December 2025 850,000 980,777 850,000 914,567 3.50% Senior unsecured notes, due December 2026 900,000 1,026,081 900,000 940,192 4.50% Senior unsecured notes, due December 2036 250,000 310,681 250,000 270,891 5.30% Senior unsecured notes, due December 2045 400,000 576,504 400,000 491,439 Total debt $ 5,625,000 $ 6,246,915 $ 5,525,000 $ 5,778,535

Derivatives (Tables)

Derivatives (Tables)	9 Months Ended
	Aug. 01, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Value of Hedging Instruments	The fair values of forward foreign currency derivative instruments designated as hedging instruments in the Company’s Condensed Consolidated Balance Sheets as of August 1, 2020 and November 2, 2019 were as follows: Fair Value At Balance Sheet Location August 1, 2020 November 2, 2019 Forward foreign currency exchange contracts Prepaid expenses and other current assets $ 9,811 $ 65
Net Amount of Derivative Assets and Liabilities	The following table presents the gross amounts of the Company's forward foreign currency exchange contract derivative assets and liabilities and the net amounts recorded in the Company's Condensed Consolidated Balance Sheets: August 1, 2020 November 2, 2019 Gross amount of recognized assets $ 10,059 $ 2,828 Gross amounts of recognized liabilities offset in the Condensed Consolidated Balance Sheets (1,659) (2,828) Net assets presented in the Condensed Consolidated Balance Sheets $ 8,400 $ —

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Aug. 01, 2020
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories at August 1, 2020 and November 2, 2019 were as follows: August 1, 2020 November 2, 2019 Raw materials $ 33,234 $ 35,447 Work in process 446,136 400,409 Finished goods 133,276 174,030 Total inventories $ 612,646 $ 609,886

Leases - Textual (Details)

Leases - Textual (Details) $ in Millions	Aug. 01, 2020USD ($)
Lessee, Lease, Description [Line Items]
Lessee, operating lease, lease not yet commenced, amount	$ 9.1
Lessee, operating lease, lease not yet commenced, term of contract	10 years
Minimum
Lessee, Lease, Description [Line Items]
Lessee, operating lease, remaining lease contract	1 year
Maximum
Lessee, Lease, Description [Line Items]
Lessee, operating lease, remaining lease contract	25 years

Leases - Cost (Details)

Leases - Cost (Details) $ in Thousands	3 Months Ended	9 Months Ended
	Aug. 01, 2020USD ($)	Aug. 01, 2020USD ($)
Leases [Abstract]
Operating lease right-of-use assets in Other assets	$ 247,352	$ 247,352
Operating lease liabilities in Accrued liabilities	37,386	37,386
Operating lease liabilities in Other non-current liabilities	282,143	282,143
Lease expense	11,728	33,864
Operating cash flows from operating leases	12,159	35,094
Lease assets obtained in exchange for new lease liabilities	$ 11,158	$ 36,888
Weighted average remaining lease term	9 years 4 months 24 days	9 years 4 months 24 days
Weighted average discount rate	3.20%	3.20%

Leases - Maturity (Details)

Leases - Maturity (Details) $ in Thousands	Aug. 01, 2020USD ($)
Leases [Abstract]
Remainder of 2020	$ 11,778
2021	46,347
2022	40,463
2023	37,053
2024	36,429
2025	34,148
Thereafter	166,800
Total future minimum operating lease payments	373,018
Less: imputed interest	(53,489)
Present value of operating lease liabilities	$ 319,529

Stock-Based Compensation and _3

Stock-Based Compensation and Shareholders' Equity - Outstanding Compensation (Details) $ / shares in Units, shares in Thousands, $ in Thousands	9 Months Ended
	Aug. 01, 2020USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price
Options outstanding, weighted-average remaining contractual term in years	5 years 8 months 23 days
Options exercisable, weighted-average remaining contractual term in years	4 years 7 months 28 days
Options vested or expected to vest, weighted-average remaining contractual term in years	5 years 8 months 1 day
Options outstanding, aggregate intrinsic value | $	$ 197,106
Options exercisable, aggregate intrinsic value | $	153,749
Options vested or expected to vest, aggregate intrinsic value | $	$ 194,685
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Options outstanding, at beginning of period (in shares) | shares	5,183
Options granted (in shares) | shares	359
Options exercised (in shares) | shares	(1,032)
Options forfeited (in shares) | shares	(97)
Options outstanding, at end of period (in shares) | shares	4,413
Options exercisable (in shares) | shares	2,845
Options vested or expected to vest (in shares) | shares	4,309
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price
Options outstanding, weighted-average exercise price per share, at beginning of period (in dollars per share) | $ / shares	$ 65.97
Options granted, weighted-average exercise price per share (in dollars per share) | $ / shares	94.41
Options exercised, weighted-average exercise price per share (in dollars per share) | $ / shares	55.96
Options forfeited, weighted-average exercise price per share (in dollars per share) | $ / shares	84.27
Options outstanding, weighted-average exercise price per share, at end of period (in dollars per share) | $ / shares	70.18
Options exercisable, weighted-average exercise price per share (in dollars per share) | $ / shares	60.81
Options vested or expected to vest, weighted-average exercise price per share (in dollars per share) | $ / shares	$ 69.67
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Restricted stock units/awards outstanding, at beginning of period (in shares) | shares	4,396
Units/Awards granted (in shares) | shares	1,390
Restrictions lapsed (in shares) | shares	(1,691)
Forfeited (in shares) | shares	(196)
Restricted stock units/awards outstanding, at end of period (in shares) | shares	3,899
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Restricted stock units/awards outstanding, at beginning of period (in dollar per shares) | $ / shares	$ 87.18
Units/Awards granted (in dollar per shares) | $ / shares	92
Restrictions lapsed (in dollar per shares) | $ / shares	86.51
Forfeited (in dollar per shares) | $ / shares	88.86
Restricted stock units/awards outstanding, at end of period (in dollar per shares) | $ / shares	$ 89.65

Stock-Based Compensation and _4

Stock-Based Compensation and Shareholders' Equity - Textual (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Feb. 01, 2020	Aug. 01, 2020	Aug. 03, 2019	Nov. 02, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of options exercised		$ 61,700	$ 120,700
Total unrecognized compensation cost related to unvested share-based awards, before tax consideration		$ 316,000
Weighted-average period to recognize compensation cost		1 year 4 months 24 days
Total grant-date fair value of vested stock options		$ 157,900	$ 131,000
Stock-based compensation		$ 5,900		$ 6,800
Number of shares authorized to be repurchased (shares)		156,100,000
Stock repurchase program, authorized amount		$ 1,900,000
Issuance of stock as charitable contribution	$ 40,000
Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of stock as charitable contribution (in shares)	335,654	336,000
Issuance of stock as charitable contribution		$ 56
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase program, authorized amount		$ 6,300,000

Stock-Based Compensation and _5

Stock-Based Compensation and Shareholders' Equity - Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 39,560	$ 36,098	$ 112,961	$ 112,720
Cost of sales
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	4,508	5,247	13,428	15,720
Research and development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	19,158	18,802	55,163	57,294
Selling, marketing, general and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	14,951	12,049	43,427	39,706
Special charges
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 943	$ 0	$ 943	$ 0

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive (Loss) Income - Changes By Component and Tax Effect (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Aug. 01, 2020	Aug. 03, 2019		Aug. 01, 2020	Aug. 03, 2019
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance				$ 11,709,188
Other comprehensive loss before reclassifications				(112,888)
Amounts reclassified out of other comprehensive income (loss)				4,119
Tax effects				26,018
Other comprehensive income (loss)	$ 4,073	$ (57,652)		(82,751)	$ (95,233)
Ending balance	11,777,560			$ 11,777,560
Accounting standards update [extensible list]				us-gaap:AccountingStandardsUpdate201802Member	us-gaap:AccountingStandardsUpdate201616Member
AOCI
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(277,002)	(96,021)	[1]	$ (187,799)	$ (58,440)	[1]
Other comprehensive income (loss)	4,073	(57,652)		(82,751)	(95,233)
Ending balance	(272,929)	$ (153,673)		(272,929)	$ (153,673)
AOCI | Cumulative effect, period of adoption, adjustment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance				(2,379)
Foreign currency translation adjustment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance				(30,076)
Other comprehensive loss before reclassifications				197
Amounts reclassified out of other comprehensive income (loss)				0
Tax effects				0
Other comprehensive income (loss)				197
Ending balance	(29,879)			(29,879)
Foreign currency translation adjustment | Cumulative effect, period of adoption, adjustment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance				0
Unrealized holding gains (losses) on derivatives
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance				(118,015)
Other comprehensive loss before reclassifications				(111,684)
Amounts reclassified out of other comprehensive income (loss)				2,165
Tax effects				26,503
Other comprehensive income (loss)				(83,016)
Ending balance	(203,410)			(203,410)
Unrealized holding gains (losses) on derivatives | Cumulative effect, period of adoption, adjustment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance				(2,379)
Pension plans
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance				(39,708)
Other comprehensive loss before reclassifications				(1,401)
Amounts reclassified out of other comprehensive income (loss)				1,954
Tax effects				(485)
Other comprehensive income (loss)				68
Ending balance	$ (39,640)			(39,640)
Pension plans | Cumulative effect, period of adoption, adjustment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance				$ 0
[1]	Balances have been restated to reflect the full retrospective adoption of Accounting Standards Update ASU 2014-09, Revenue from Contracts with Customers , adopted by the Company in fiscal 2019.

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive (Loss) Income - Amounts Reclassified Out of Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019	May 02, 2020	Nov. 02, 2019	May 04, 2019	[1]	Nov. 03, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	$ 483,558	$ 482,332	$ 1,409,367	$ 1,476,287
Research and development	260,794	280,102	770,280	853,330
Selling, marketing, general and administrative	153,753	162,825	494,808	493,295
Interest expense	45,914	59,871	144,712	178,300
Total before tax	373,029	389,558	894,307	1,197,901
Tax	(10,364)	(27,184)	(60,072)	(112,584)
Effect of Accounting Standards Update	(11,777,560)		(11,777,560)			$ (11,709,188)
Net income	362,665	362,374	834,235	1,085,317
Total amounts reclassified out of AOCI, net of tax	(210)	1,717	767	6,495
Unrealized holding gains (losses) on derivatives
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Effect of Accounting Standards Update	203,410		203,410			118,015
Unrealized holding gains (losses) on derivatives | Cumulative effect, period of adoption, adjustment
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Effect of Accounting Standards Update						2,379
Unrealized holding gains (losses) on derivatives | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net income	(714)	1,534	(702)	5,927
Pension plans
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Effect of Accounting Standards Update	39,640		39,640			39,708
Pension plans | Cumulative effect, period of adoption, adjustment
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Effect of Accounting Standards Update						0
Pension plans | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Tax	(168)	(60)	(485)	(186)
Net income	504	183	1,469	568
Actuarial losses | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of pension components included in the computation of net periodic pension cost	672	243	1,954	754
Retained earnings
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Effect of Accounting Standards Update	(7,079,309)	(6,821,755)	(7,079,309)	(6,821,755)	$ (6,945,442)	(6,899,253)	$ (6,659,449)		$ (5,982,697)	[1]
Net income	362,665	362,374	834,235	1,085,317
Retained earnings | Cumulative effect, period of adoption, adjustment
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Effect of Accounting Standards Update						(2,379)			$ (331,026)
Retained earnings | Reclassification out of Accumulated Other Comprehensive Income | Cumulative effect, period of adoption, adjustment
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Effect of Accounting Standards Update						$ (2,379)
Currency forwards | Unrealized holding gains (losses) on derivatives | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	(842)	185	(762)	1,382
Research and development	(226)	652	640	2,270
Selling, marketing, general and administrative	(189)	617	895	2,488
Interest rate derivatives | Unrealized holding gains (losses) on derivatives | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense	464	464	1,392	974
Total before tax	(793)	1,918	2,165	7,114
Tax	$ 79	$ (384)	$ (488)	$ (1,187)
[1]	Balances have been restated to reflect the full retrospective adoption of Accounting Standards Update ASU 2014-09, Revenue from Contracts with Customers , adopted by the Company in fiscal 2019.

Accumulated Other Comprehensi_5

Accumulated Other Comprehensive (Loss) Income - Textual (Details) $ in Millions	9 Months Ended
	Aug. 01, 2020USD ($)
Equity [Abstract]
Cash flow hedge gain (loss) to be reclassified within twelve months	$ 7.2

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Earnings per share
Net Income	$ 362,665	$ 362,374	$ 834,235	$ 1,085,317
Less: income allocated to participating securities	0	812	0	2,750
Net income allocated to common stockholders	$ 362,665	$ 361,562	$ 834,235	$ 1,082,567
Basic shares:
Weighted-average shares outstanding (in shares)	368,791	369,533	368,417	369,160
Earnings per common share, basic (in dollars per share)	$ 0.98	$ 0.98	$ 2.26	$ 2.93
Diluted shares:
Weighted-average shares outstanding (in shares)	368,791	369,533	368,417	369,160
Assumed exercise of common stock equivalents (in shares)	3,212	3,544	3,440	3,807
Weighted-average common and common equivalent shares (in shares)	372,003	373,077	371,857	372,967
Earnings per common share, diluted (in dollars per share)	$ 0.97	$ 0.97	$ 2.24	$ 2.90
Anti-dilutive shares related to:
Outstanding share-based awards (in shares)	384	446	487	963

Special Charges - Restructuring

Special Charges - Restructuring (Details) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Aug. 01, 2020	May 02, 2020	Feb. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Summary of the Company's special charges and accruals related to ongoing actions, Balance Sheet
Special charges	$ 31,830			$ 927	$ 44,286	$ 30,871
Closure of Manufacturing Facilities
Summary of the Company's special charges and accruals related to ongoing actions, Balance Sheet
Accrued restructuring, beginning balance	50,184	$ 51,445	$ 50,401		50,401
Special charges	(1,402)	1,320	1,982
Severance and other payments	(1,360)	(2,564)	(908)
Effect of foreign currency on accrual	17	(17)	(30)
Accrued restructuring, ending balance	47,439	50,184	51,445		47,439
Closure of Manufacturing Facilities | Accrued liabilities
Summary of the Company's special charges and accruals related to ongoing actions, Balance Sheet
Accrued restructuring, beginning balance	47,439
Accrued restructuring, ending balance		47,439
Repositioning Action
Summary of the Company's special charges and accruals related to ongoing actions, Balance Sheet
Accrued restructuring, beginning balance	23,279	38,431	58,895		58,895
Special charges	33,232	0	9,154
Severance and other payments	(12,824)	(15,025)	(29,597)
Effect of foreign currency on accrual	172	(127)	(21)
Accrued restructuring, ending balance	43,859	23,279	38,431		43,859
Repositioning Action | Accrued liabilities
Summary of the Company's special charges and accruals related to ongoing actions, Balance Sheet
Accrued restructuring, beginning balance	43,859
Accrued restructuring, ending balance		43,859
Other Actions
Summary of the Company's special charges and accruals related to ongoing actions, Balance Sheet
Accrued restructuring, beginning balance	4,725	5,052	5,523		5,523
Special charges	0	0	0
Severance and other payments	(198)	(327)	(471)
Effect of foreign currency on accrual	0	0	0
Accrued restructuring, ending balance	4,527	4,725	$ 5,052		$ 4,527
Other Actions | Accrued liabilities
Summary of the Company's special charges and accruals related to ongoing actions, Balance Sheet
Accrued restructuring, beginning balance	$ 4,527
Accrued restructuring, ending balance		$ 4,527

Special Charges - Textual (Deta

Special Charges - Textual (Details) $ in Millions	9 Months Ended
	Aug. 01, 2020USD ($)
Repositioning Action
Restructuring Cost and Reserve [Line Items]
Special charges, cumulative	$ 130.5
Repositioning Action | Intellectual Property
Restructuring Cost and Reserve [Line Items]
Impairment of intangible assets, finite-lived	14.2
Severance and Fringe Benefits
Restructuring Cost and Reserve [Line Items]
Special charges, cumulative	116.3
Workforce Reductions Plan 2018 | Closure of Manufacturing Facilities
Restructuring Cost and Reserve [Line Items]
Special charges, cumulative	$ 53.9

Property, Plant and Equipment_2

Property, Plant and Equipment (Details) $ in Thousands	Aug. 01, 2020USD ($)
Long Lived Assets Held-for-sale [Line Items]
Property, plant and equipment, gross	$ 43,860
Less accumulated depreciation and amortization	(21,706)
Net property, plant and equipment reclassified to Prepaid expenses and other current assets	22,154
Land and buildings
Long Lived Assets Held-for-sale [Line Items]
Property, plant and equipment, gross	36,451
Machinery and equipment
Long Lived Assets Held-for-sale [Line Items]
Property, plant and equipment, gross	1,468
Office equipment
Long Lived Assets Held-for-sale [Line Items]
Property, plant and equipment, gross	197
Leasehold improvements
Long Lived Assets Held-for-sale [Line Items]
Property, plant and equipment, gross	$ 5,744

Segment Information - Textual (

Segment Information - Textual (Details)	3 Months Ended	9 Months Ended
	Aug. 01, 2020numberOfReportingUnitsegment	Aug. 01, 2020numberOfReportingUnitsegment
Segment Reporting [Abstract]
Number of reportable segments		1
Number of operating segments		8
Number of operating segments, consolidated	1
Number of reporting unit impairment analysis was performed for | numberOfReportingUnit	1	1

Segment Information - Revenue T

Segment Information - Revenue Trends by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Revenue Trends
Revenue	$ 1,456,136	$ 1,480,143	$ 4,076,761	$ 4,547,846
Percent of Revenue (as percent)	100.00%	100.00%	100.00%	100.00%
Year over Year Change (as percent)	(2.00%)		(10.00%)
Operating Segments | Industrial
Revenue Trends
Revenue	$ 774,353	$ 753,118	$ 2,174,183	$ 2,262,597
Percent of Revenue (as percent)	53.00%	51.00%	53.00%	50.00%
Year over Year Change (as percent)	3.00%		(4.00%)
Operating Segments | Communications
Revenue Trends
Revenue	$ 363,613	$ 319,250	$ 880,921	$ 1,030,283
Percent of Revenue (as percent)	25.00%	22.00%	22.00%	23.00%
Year over Year Change (as percent)	14.00%		(14.00%)
Operating Segments | Automotive
Revenue Trends
Revenue	$ 162,480	$ 228,235	$ 551,395	$ 708,711
Percent of Revenue (as percent)	11.00%	15.00%	14.00%	16.00%
Year over Year Change (as percent)	(29.00%)		(22.00%)
Operating Segments | Consumer
Revenue Trends
Revenue	$ 155,690	$ 179,540	$ 470,262	$ 546,255
Percent of Revenue (as percent)	11.00%	12.00%	12.00%	12.00%
Year over Year Change (as percent)	(13.00%)		(14.00%)

Segment Information - Revenue b

Segment Information - Revenue by Sales Channel (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2020	Aug. 03, 2019	Aug. 01, 2020	Aug. 03, 2019
Segment Reporting Information [Line Items]
Revenue	$ 1,456,136	$ 1,480,143	$ 4,076,761	$ 4,547,846
Percent of Revenue (as percent)	100.00%	100.00%	100.00%	100.00%
Distributors
Segment Reporting Information [Line Items]
Revenue	$ 819,472	$ 863,055	$ 2,317,421	$ 2,563,807
Percent of Revenue (as percent)	56.00%	58.00%	57.00%	56.00%
Direct customers
Segment Reporting Information [Line Items]
Revenue	$ 614,770	$ 600,609	$ 1,692,152	$ 1,930,935
Percent of Revenue (as percent)	42.00%	41.00%	42.00%	42.00%
Other
Segment Reporting Information [Line Items]
Revenue	$ 21,894	$ 16,479	$ 67,188	$ 53,104
Percent of Revenue (as percent)	2.00%	1.00%	2.00%	1.00%

Fair Value - Textual (Details)

Fair Value - Textual (Details) - USD ($) $ in Millions	Aug. 01, 2020	Nov. 02, 2019
Fair Value Disclosures [Abstract]
Cash and held to maturity investments	$ 144.8	$ 231.4

Fair Value - Assets and Liabili

Fair Value - Assets and Liabilities (Details) - Recurring - USD ($) $ in Thousands	Aug. 01, 2020	Nov. 02, 2019
Other assets:
Deferred compensation investments	$ 52,956	$ 48,302
Forward foreign currency exchange contracts	8,400
Total assets measured at fair value	1,006,827	465,192
Liabilities
Interest rate derivatives	258,071	138,798
Total liabilities measured at fair value	258,071	138,798
Government and institutional money market funds
Available-for-sale:
Cash equivalents:	945,471	416,890
Level 1
Other assets:
Deferred compensation investments	52,956	48,302
Forward foreign currency exchange contracts	0
Total assets measured at fair value	998,427	465,192
Liabilities
Interest rate derivatives	0	0
Total liabilities measured at fair value	0	0
Level 1 | Government and institutional money market funds
Available-for-sale:
Cash equivalents:	945,471	416,890
Level 2
Other assets:
Deferred compensation investments	0	0
Forward foreign currency exchange contracts	8,400
Total assets measured at fair value	8,400	0
Liabilities
Interest rate derivatives	258,071	138,798
Total liabilities measured at fair value	258,071	138,798
Level 2 | Government and institutional money market funds
Available-for-sale:
Cash equivalents:	$ 0	$ 0

Fair Value - Debt (Details)

Fair Value - Debt (Details) - USD ($)	9 Months Ended
	Aug. 01, 2020	Mar. 12, 2020	Nov. 02, 2019
2.85% Senior unsecured notes, due March 2020 | Unsecured debt term
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate		2.85%
Long-term Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Principal Amount Outstanding	$ 5,625,000,000		$ 5,525,000,000
Fair Value	$ 6,246,915,000		5,778,535,000
Long-term Debt | 3-Year term loan, due March 2022 | Unsecured debt term
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt term	3 years
Principal Amount Outstanding	$ 925,000,000		925,000,000
Fair Value	$ 925,000,000		925,000,000
Long-term Debt | 2.85% Senior unsecured notes, due March 2020 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	2.85%
Principal Amount Outstanding	$ 0		300,000,000
Fair Value	$ 0		300,872,000
Long-term Debt | 2.95% Senior unsecured notes, due January 2021 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	2.95%
Principal Amount Outstanding	$ 450,000,000		450,000,000
Fair Value	$ 455,085,000		454,634,000
Long-term Debt | 2.50% Senior unsecured notes, due December 2021 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	2.50%
Principal Amount Outstanding	$ 400,000,000		400,000,000
Fair Value	$ 410,100,000		402,591,000
Long-term Debt | 2.875% Senior unsecured notes, due June 2023 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	2.875%
Principal Amount Outstanding	$ 500,000,000		500,000,000
Fair Value	$ 528,773,000		511,190,000
Long-term Debt | 3.125% Senior unsecured notes, due December 2023 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	3.125%
Principal Amount Outstanding	$ 550,000,000		550,000,000
Fair Value	$ 594,446,000		567,159,000
Long-term Debt | 2.95% Senior unsecured notes, due April 2025 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	2.95%
Principal Amount Outstanding	$ 400,000,000		0
Fair Value	$ 439,468,000		0
Long-term Debt | 3.90% Senior unsecured notes, due December 2025 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	3.90%
Principal Amount Outstanding	$ 850,000,000		850,000,000
Fair Value	$ 980,777,000		914,567,000
Long-term Debt | 3.50% Senior unsecured notes, due December 2026 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	3.50%
Principal Amount Outstanding	$ 900,000,000		900,000,000
Fair Value	$ 1,026,081,000		940,192,000
Long-term Debt | 4.50% Senior unsecured notes, due December 2036 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	4.50%
Principal Amount Outstanding	$ 250,000,000		250,000,000
Fair Value	$ 310,681,000		270,891,000
Long-term Debt | 5.30% Senior unsecured notes, due December 2045 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	5.30%
Principal Amount Outstanding	$ 400,000,000		400,000,000
Fair Value	$ 576,504,000		$ 491,439,000

Derivatives - Textual (Details)

Derivatives - Textual (Details) - USD ($) $ in Thousands	9 Months Ended
	Aug. 01, 2020	Nov. 02, 2019
Derivative [Line Items]
Contracts period	1 year
Derivative assets, fair value	$ 10,059	$ 2,828
Forward Contracts
Derivative [Line Items]
Notional amount of cash flow hedges	202,800	191,100
Notional amount of derivative	32,300	55,300
Accrued liabilities | Designated as Hedging Instrument | Interest Rate Swap Agreements
Derivative [Line Items]
Derivative assets, fair value	$ 258,100	$ 138,800

Derivatives - Forward Foreign C

Derivatives - Forward Foreign Currency (Details) - USD ($) $ in Thousands	Aug. 01, 2020	Nov. 02, 2019
Forward foreign currency exchange contracts | Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Foreign currency contracts, liability	$ 9,811	$ 65

Derivative - Net Amounts (Detai

Derivative - Net Amounts (Details) - USD ($) $ in Thousands	Aug. 01, 2020	Nov. 02, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gross amount of recognized assets	$ 10,059	$ 2,828
Gross amounts of recognized liabilities offset in the Condensed Consolidated Balance Sheets	(1,659)	(2,828)
Net assets presented in the Condensed Consolidated Balance Sheets	$ 8,400	$ 0

Debt - Textual (Details)

Debt - Textual (Details)	Apr. 08, 2020USD ($)	Mar. 12, 2020USD ($)	Jun. 28, 2019USD ($)	Apr. 30, 2020USD ($)	Aug. 01, 2020USD ($)	Aug. 03, 2019USD ($)	Nov. 02, 2019USD ($)
Debt Instrument [Line Items]
Repayments of debt					$ 300,000,000	$ 650,000,000
Borrowing					$ 449,324,000		$ 299,667,000
Unsecured debt | Term loan, due March 2020
Debt Instrument [Line Items]
Amount available under credit facility			$ 1,250,000,000
Covenant, leverage ratio					3.5
Fundamental change, covenant, leverage ratio					4
Unsecured debt | Green bond, due April 2025
Debt Instrument [Line Items]
Principal	$ 400,000,000
Interest rate	2.95%
Proceeds from issuance of unsecured debt	$ 395,600,000
Redemption price percentage	100.00%
Unsecured debt | Senior note, due March 2020
Debt Instrument [Line Items]
Interest rate		2.85%
Repayments of debt		$ 300,000,000
Revolving credit facility | Unsecured debt
Debt Instrument [Line Items]
Amount available under credit facility			$ 1,250,000,000
Debt term			5 years
Borrowing			$ 350,000,000
Repayments of short-term debt				$ 350,000,000
Interest expense, debt				$ 600,000
NYFRB Rate | Unsecured debt | Term loan, due March 2020
Debt Instrument [Line Items]
Basis spread on variable rate			0.50%
London Interbank Offered Rate (LIBOR) | Unsecured debt | Term loan, due March 2020
Debt Instrument [Line Items]
Basis spread on variable rate			1.00%

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Aug. 01, 2020	Nov. 02, 2019
Inventory Disclosure [Abstract]
Raw materials	$ 33,234	$ 35,447
Work in process	446,136	400,409
Finished goods	133,276	174,030
Total inventories	$ 612,646	$ 609,886

Income Taxes - Textual (Details

Income Taxes - Textual (Details) $ in Thousands, € in Millions	3 Months Ended		9 Months Ended
	Aug. 01, 2020USD ($)	Aug. 03, 2019USD ($)	Aug. 01, 2020USD ($)	Aug. 01, 2020EUR (€)	Aug. 03, 2019USD ($)	May 02, 2020USD ($)	Nov. 02, 2019USD ($)	May 04, 2019USD ($)	[1]	Feb. 02, 2019USD ($)	Nov. 03, 2018USD ($)
Income Tax Contingency [Line Items]
Federal statutory rate (as percent)	21.00%	21.00%	21.00%	21.00%	21.00%
Income tax benefit, discrete	$ 33,700		$ 33,700
Effect of Accounting Standards Update	11,777,560		11,777,560				$ 11,709,188
Retained earnings
Income Tax Contingency [Line Items]
Effect of Accounting Standards Update	7,079,309	$ 6,821,755	7,079,309		$ 6,821,755	$ 6,945,442	6,899,253	$ 6,659,449			$ 5,982,697	[1]
Retained earnings | Cumulative effect, period of adoption, adjustment
Income Tax Contingency [Line Items]
Effect of Accounting Standards Update							2,379				331,026
Retained earnings | Accounting Standards Update 2018-02 | Cumulative effect, period of adoption, adjustment
Income Tax Contingency [Line Items]
Effect of Accounting Standards Update										$ 2,400
AOCI
Income Tax Contingency [Line Items]
Effect of Accounting Standards Update	(272,929)	$ (153,673)	(272,929)		$ (153,673)	$ (277,002)	(187,799)	$ (96,021)			$ (58,440)	[1]
AOCI | Cumulative effect, period of adoption, adjustment
Income Tax Contingency [Line Items]
Effect of Accounting Standards Update							$ (2,379)
AOCI | Accounting Standards Update 2018-02 | Cumulative effect, period of adoption, adjustment
Income Tax Contingency [Line Items]
Effect of Accounting Standards Update										$ (2,400)
Internal Revenue Service (IRS) | Tax Fiscal Year 2015 - 2017
Income Tax Contingency [Line Items]
Income tax expense, discrete, resolution with taxing authorities	$ 25,900
Revenue Commissioners, Ireland
Income Tax Contingency [Line Items]
Tax settlement			$ 50,900	€ 43
[1]	Balances have been restated to reflect the full retrospective adoption of Accounting Standards Update ASU 2014-09, Revenue from Contracts with Customers , adopted by the Company in fiscal 2019.

New Accounting Pronouncements (

New Accounting Pronouncements (Details) - USD ($) $ in Thousands	Aug. 01, 2020	May 02, 2020	Nov. 03, 2019	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	[1]	Feb. 02, 2019	Nov. 03, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Present value of operating lease liabilities	$ 319,529
Operating lease assets	247,352
Effect of Accounting Standards Update	11,777,560			$ 11,709,188
Accounting Standards Update 2018-01 | Cumulative effect, period of adoption, adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Present value of operating lease liabilities			$ 301,400
Operating lease assets			233,200
Deferred rent and unamortized landlord construction allowance			$ 68,200
Retained earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Effect of Accounting Standards Update	7,079,309	$ 6,945,442		6,899,253	$ 6,821,755	$ 6,659,449			$ 5,982,697	[1]
Retained earnings | Cumulative effect, period of adoption, adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Effect of Accounting Standards Update				2,379					331,026
Retained earnings | Accounting Standards Update 2018-02 | Cumulative effect, period of adoption, adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Effect of Accounting Standards Update								$ 2,400
AOCI
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Effect of Accounting Standards Update	$ (272,929)	$ (277,002)		(187,799)	$ (153,673)	$ (96,021)			$ (58,440)	[1]
AOCI | Cumulative effect, period of adoption, adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Effect of Accounting Standards Update				$ (2,379)
AOCI | Accounting Standards Update 2018-02 | Cumulative effect, period of adoption, adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Effect of Accounting Standards Update								$ (2,400)
[1]	Balances have been restated to reflect the full retrospective adoption of Accounting Standards Update ASU 2014-09, Revenue from Contracts with Customers , adopted by the Company in fiscal 2019.

Acquisitions - Textual (Details

Acquisitions - Textual (Details) - Maxim - USD ($) $ in Millions	Aug. 14, 2020	Aug. 01, 2020	Jul. 12, 2020
Business Acquisition [Line Items]
Conversion of company common stock (in shares)			0.630
Termination fee, circumstance change			$ 725
Termination fee, regulatory clearance			$ 830
Subsequent event
Business Acquisition [Line Items]
Consideration transferred	$ 20,000
Selling, marketing, general and administrative
Business Acquisition [Line Items]
Transaction costs		$ 9.1

Subsequent Events - Textual (De

Subsequent Events - Textual (Details) - Common Stock - Subsequent event $ / shares in Units, $ in Millions	Aug. 18, 2020USD ($)$ / shares
Subsequent Event [Line Items]
Common stock cash dividends per share, declared (in dollars per share) | $ / shares	$ 0.62
Dividends | $	$ 228.9