v3.25.4
CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Tables)
12 Months Ended
Nov. 28, 2025
Cash, Cash Equivalents, and Short-Term Investments [Abstract]  
Schedule of Cash, Cash Equivalents and Short-term Investments
Cash, cash equivalents and short-term investments consisted of the following as of November 28, 2025:
(in millions)
Amortized
Cost
Unrealized
Gains
Unrealized
Losses
Estimated
Fair Value
Current assets:    
Cash$711 $— $— $711 
Cash equivalents:
Corporate debt securities928 — — 928 
Money market funds3,607 — — 3,607 
Time deposits85 — — 85 
U.S. Treasury securities100 — — 100 
Total cash equivalents4,720 — — 4,720 
Total cash and cash equivalents5,431 — — 5,431 
Short-term fixed income securities:
Corporate debt securities914 — — 914 
U.S. Treasury securities250 — — 250 
Total short-term investments1,164 — — 1,164 
Total cash, cash equivalents and short-term investments$6,595 $— $— $6,595 
Cash, cash equivalents and short-term investments consisted of the following as of November 29, 2024:
(in millions)
Amortized
Cost
Unrealized
Gains
Unrealized
Losses
Estimated
Fair Value
Current assets:    
Cash$787 $— $— $787 
Cash equivalents:  
Corporate debt securities41 — — 41 
Money market funds6,726 — — 6,726 
Time deposits57 — — 57 
U.S. Treasury securities— — 
Total cash equivalents6,826 — — 6,826 
Total cash and cash equivalents7,613 — — 7,613 
Short-term fixed income securities: 
Asset-backed securities— — 
Corporate debt securities120 — — 120 
U.S. agency securities11 — — 11 
U.S. Treasury securities139 — (1)138 
Total short-term investments274 — (1)273 
Total cash, cash equivalents and short-term investments$7,887 $— $(1)$7,886 
Schedule of Estimated Fair Value of Debt Securities
The following table summarizes the estimated fair value of short-term fixed income debt securities classified as short-term investments based on stated effective maturities as of November 28, 2025:
(in millions)
Estimated
Fair Value
Due within one year$1,063 
Due between one and two years101 
Total$1,164