| USD ($) $ in Millions, shares in Millions | LTM | Oct 26, 2025 | Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | Oct 28, 2018 | Oct 29, 2017 | Oct 30, 2016 | Oct 25, 2015 | Oct 26, 2014 | Oct 27, 2013 | Oct 28, 2012 | Oct 30, 2011 | Oct 31, 2010 | Oct 25, 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net revenue | $ 30,837 | $ 28,368 | $ 27,176 | $ 26,517 | ||||||||||||||
Cost of products sold | 15,604 | 14,560 | 14,279 | 14,133 | ||||||||||||||
Gross profit | 15,233 | 13,808 | 12,897 | 12,384 | ||||||||||||||
Operating expenses: | ||||||||||||||||||
Research, development and engineering | 3,972 | 3,570 | 3,233 | 3,102 | ||||||||||||||
Marketing and selling | 916 | 858 | 836 | 776 | ||||||||||||||
General and administrative | 758 | 910 | 961 | 852 | ||||||||||||||
Selling, general and administrative | - | - | - | - | ||||||||||||||
Impairment of goodwill (Note 9) | - | - | - | - | ||||||||||||||
Restructuring charges | 181 | 181 | 0 | 0 | ||||||||||||||
Deal termination fee | - | - | - | 0 | ||||||||||||||
Gain on derivatives associated with terminated business combination | - | - | - | - | ||||||||||||||
Impairment of goodwill and intangible assets | - | - | - | - | ||||||||||||||
Restructuring charges and asset impairments | - | - | - | - | ||||||||||||||
Gain on sale of facilities, net | - | - | - | - | ||||||||||||||
Total operating expenses | 6,092 | 5,519 | 5,030 | 4,730 | ||||||||||||||
Gain on sale of facility | - | - | - | - | ||||||||||||||
Income from operations | 9,141 | 8,289 | 7,867 | 7,654 | ||||||||||||||
Interest expense | (277) | (269) | (247) | (238) | ||||||||||||||
Impairment of strategic investments | - | - | - | - | ||||||||||||||
Pre-tax loss of equity-method investment | - | - | - | - | ||||||||||||||
Interest and other income (expense), net | 1,863 | 1,251 | 532 | 300 | ||||||||||||||
Income before income taxes | 10,727 | 9,271 | 8,152 | 7,716 | ||||||||||||||
Provision for income taxes | 1,460 | 2,273 | 975 | 860 | ||||||||||||||
Net income | $ 9,267 | $ 6,998 | $ 7,177 | $ 6,856 | ||||||||||||||
Earnings per share: | ||||||||||||||||||
Basic (in dollars per share) | $ 11.68 | $ 8.71 | $ 8.68 | $ 8.16 | ||||||||||||||
Diluted (in dollars per share) | $ 11.59 | $ 8.66 | $ 8.61 | $ 8.11 | ||||||||||||||
Weighted average number of shares: | ||||||||||||||||||
Basic (in shares) | 794 | 804 | 827 | 840 | ||||||||||||||
Diluted (in shares) | 799 | 808 | 834 | 845 |