Financial Summary (All financials)
| In millions, except per share items | Oct-30-22 | Oct-31-21 | Nov-01-20 | Nov-03-19 | Oct-28-18 | Oct-29-17 | Oct-30-16 | Nov-01-15 |
| Revenues | 52,577.0 | 44,024.0 | 35,540.0 | 39,258.0 | 37,358.0 | 29,738.0 | 26,644.0 | 28,862.8 |
| Revenue growth | 19.4% | 23.9% | -9.5% | 5.1% | 25.6% | 11.6% | -7.7% | -20.0% |
| Cost of goods sold | 1,328.0 | 1,390.0 | 1,697.0 | 29,836.0 | 28,174.0 | 22,113.0 | 20,235.1 | 21,104.3 |
| Gross profit | 51,249.0 | 42,634.0 | 33,843.0 | 9,422.0 | 9,184.0 | 7,625.0 | 6,408.9 | 7,758.5 |
| Gross margin | 97.5% | 96.8% | 95.2% | 24.0% | 24.6% | 25.6% | 24.1% | 26.9% |
| Selling, general and administrative | 3,863.0 | 3,383.0 | 3,477.0 | 3,551.0 | 3,455.0 | 3,098.0 | 2,791.2 | 2,873.3 |
| Research and development | 1,912.0 | 1,587.0 | 1,644.0 | 1,783.0 | 1,658.0 | 1,373.0 | 1,393.7 | 1,425.1 |
| EBITA | 10,334.0 | 8,711.0 | 5,232.0 | 5,663.0 | 5,375.0 | 4,071.0 | 3,002.7 | 3,470.1 |
| EBITA margin | 19.7% | 19.8% | 14.7% | 14.4% | 14.4% | 13.7% | 11.3% | 12.0% |
| Amortization of intangibles | 145.0 | 116.0 | 102.0 | 109.0 | 100.0 | 18.0 | 15.0 | 10.0 |
| EBIT | 10,189.0 | 8,595.0 | 5,130.0 | 5,554.0 | 5,275.0 | 4,053.0 | 2,987.7 | 3,460.1 |
| EBIT margin | 19.4% | 19.5% | 14.4% | 14.1% | 14.1% | 13.6% | 11.2% | 12.0% |
| Pre-tax income | 9,127.0 | 7,602.0 | 3,883.0 | 4,088.0 | 4,071.0 | 3,154.0 | 2,224.0 | 2,780.1 |
| Income taxes | 2,007.0 | 1,658.0 | 1,082.0 | 852.0 | 1,727.0 | 971.0 | 700.1 | 840.1 |
| Tax rate | 22.0% | 21.8% | 27.9% | 20.8% | 42.4% | 30.8% | 31.5% | 30.2% |
| Net income | 7,131.0 | 5,963.0 | 2,751.0 | 3,253.0 | 2,368.0 | 2,159.0 | 1,523.9 | 1,940.0 |
| Net margin | 13.6% | 13.5% | 7.7% | 8.3% | 6.3% | 7.3% | 5.7% | 6.7% |
| |
| Diluted EPS | $23.28 | $18.99 | $8.69 | $10.15 | $7.23 | $6.68 | $4.81 | $5.77 |
| Shares outstanding (diluted) | 306.3 | 314.0 | 316.6 | 320.6 | 327.3 | 323.3 | 316.6 | 336.0 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|