v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Apr. 26, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets Measured at Fair Value on a Recurring Basis
The following table presents our fair value hierarchy for our financial assets (excluding cash balances) measured at fair value on a recurring basis:
 
 April 26, 2026October 26, 2025
 Level 1Level 2TotalLevel 1Level 2Total
 (In millions)
Assets:
Available-for-sale debt security investments
Money market funds*$2,486 $— $2,486 $2,264 $— $2,264 
Bank certificates of deposit and time deposits— 186 186 — 184 184 
U.S. Treasury and agency securities981 1,262 2,243 2,109 319 2,428 
Non-U.S. government securities— — — — 
Municipal securities— 483 483 — 473 473 
Commercial paper, corporate bonds and medium-term notes— 3,367 3,367 — 3,102 3,102 
Asset-backed and mortgage-backed securities— 552 552 — 616 616 
Total available-for-sale debt security investments$3,467 $5,850 $9,317 $4,373 $4,699 $9,072 
Equity investments with readily determinable values
Publicly traded equity securities$2,248 $— $2,248 $2,110 $— $2,110 
Total equity investments with readily determinable values$2,248 $— $2,248 $2,110 $— $2,110 
Total$5,715 $5,850 $11,565 $6,483 $4,699 $11,182 
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*Amounts as of April 26, 2026 and October 26, 2025 include $58 million and $71 million, respectively, invested in money market funds related to deferred compensation plans. Due to restrictions on the distribution of these funds, they are classified as restricted cash equivalents and are included in deferred income taxes and other assets in the Consolidated Condensed Balance Sheets.