MARKETABLE SECURITIES (Tables)

12 Months Ended

Oct. 30, 2022

MARKETABLE SECURITIES

Amortized Cost and Fair Value of Marketable Securities

The amortized cost and fair value of marketable securities at October 30, 2022 and October 31, 2021 in millions of dollars follow:


					Gross			Gross
		Amortized			Unrealized			Unrealized			Fair
		Cost			Gains			Losses			Value
2022
U.S. equity fund											$	70
International equity securities												3
Total equity securities												73
U.S. government debt securities		$	220					$	37			183
Municipal debt securities			74						11			63
Corporate debt securities			236						36			200
International debt securities			64						4			60
Mortgage-backed securities*			186						31			155
Total debt securities		$	780					$	119			661
Marketable securities											$	734
2021
U.S. equity fund											$	75
International equity securities												2
Total equity securities												77
U.S. government debt securities		$	196		$	5		$	3			198
Municipal debt securities			69			4						73
Corporate debt securities			215			11			2			224
International debt securities			5						3			2
Mortgage-backed securities*			152			3			1			154
Total debt securities		$	637		$	23		$	9			651
Marketable securities											$	728

* Primarily issued by U.S. government sponsored enterprises.

Unrealized Gains on Equity Securities

Unrealized gain (loss) on equity securities during 2022 and 2021 in millions of dollars follow:


		2022			2021
Net gain (loss) recognized on equity securities		$	(11)		$	24
Less: Net gain on equity securities sold						2
Unrealized gain (loss) on equity securities		$	(11)		$	22

Contractual Maturities of Debt Securities

The contractual maturities of debt securities at October 30, 2022 in millions of dollars follow:


		Amortized			Fair
		Cost			Value
Due in one year or less		$	81		$	81
Due after one through five years			105			96
Due after five through 10 years			196			166
Due after 10 years			212			163
Mortgage-backed securities			186			155
Debt securities		$	780		$	661