Financial Summary (All financials)
| In millions, except per share items | Oct-30-22 | Oct-31-21 | Nov-01-20 | Nov-03-19 | Nov-04-18 | Oct-29-17 | Oct-30-16 |
| Revenues | 33,203 | 27,450 | 23,888 | 22,597 | 20,848 | 17,636 | 13,240 |
| Revenue growth | 21.0% | 14.9% | 5.7% | 8.4% | 18.2% | 33.2% | |
| Cost of goods sold | 11,108 | 10,606 | 10,372 | 10,114 | 10,115 | 22,229 | 8,542 |
| Gross profit | 22,095 | 16,844 | 13,516 | 12,483 | 10,733 | -4,593 | 4,698 |
| Gross margin | 66.5% | 61.4% | 56.6% | 55.2% | 51.5% | -26.0% | 35.5% |
| Selling, general and administrative | 1,382 | 1,347 | 1,935 | 1,709 | 1,056 | 789 | 806 |
| Research and development | 4,919 | 4,854 | 4,968 | 4,696 | 3,768 | 3,302 | 2,674 |
| EBITA | 18,646 | 14,087 | 10,467 | 9,469 | 8,933 | 8,712 | 3,284 |
| EBITA margin | 56.2% | 51.3% | 43.8% | 41.9% | 42.8% | 49.4% | 24.8% |
| Amortization of intangibles | 4,359 | 5,403 | 6,220 | 5,212 | 3,545 | 6,039 | 2,640 |
| EBIT | 14,287 | 8,684 | 4,247 | 4,257 | 5,388 | 2,673 | 644 |
| EBIT margin | 43.0% | 31.6% | 17.8% | 18.8% | 25.8% | 15.2% | 4.9% |
| Pre-tax income | 12,434 | 6,765 | 2,443 | 2,226 | 4,545 | 1,825 | -1,107 |
| Income taxes | 939 | 29 | -518 | -510 | -8,084 | 35 | 642 |
| Tax rate | 7.6% | 0.4% | | | | 1.9% | |
| Earnings from continuing ops | 11,223 | 6,437 | 2,664 | 2,707 | 12,278 | 1,698 | -1,627 |
| Earnings from discontinued ops | | | -1 | -12 | -19 | -6 | -112 |
| Net income | 11,223 | 6,437 | 2,663 | 2,695 | 12,259 | 1,692 | -1,739 |
| Net margin | 33.8% | 23.4% | 11.1% | 11.9% | 58.8% | 9.6% | -13.1% |
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| Diluted EPS | $26.53 | $15.00 | $6.33 | $6.46 | $28.49 | $4.03 | ($4.25) |
| Shares outstanding (diluted) | 423 | 429 | 421 | 419 | 431 | 421 | 383 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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