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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 27, 2026
Nov. 28, 2025
[1]
Current assets:    
Cash and cash equivalents $ 6,332 $ 5,431
Short-term investments 558 1,164
Trade receivables, net of allowances for doubtful accounts of $12 and $13, respectively 2,092 2,344
Prepaid expenses and other current assets 1,404 1,224
Total current assets 10,386 10,163
Property and equipment, net 1,852 1,873
Operating lease right-of-use assets, net 305 312
Goodwill 12,869 12,857
Other intangibles, net 454 495
Deferred income taxes 2,138 2,186
Other assets 1,700 1,610
Total assets 29,704 29,496
Current liabilities:    
Trade payables 419 417
Accrued expenses and other current liabilities 2,257 2,648
Debt 849 0
Deferred revenue 7,275 6,905
Income taxes payable 506 153
Operating lease liabilities 84 77
Total current liabilities 11,390 10,200
Long-term liabilities:    
Debt 5,379 6,210
Deferred revenue 95 125
Income taxes payable 487 469
Operating lease liabilities 344 361
Other liabilities 576 508
Total liabilities 18,271 17,873
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 2 shares authorized; none issued 0 0
Common stock, $0.0001 par value; 900 shares authorized; 601 shares issued;  406 and 413 shares outstanding, respectively 0 0
Additional paid-in capital 15,870 15,361
Retained earnings 47,170 45,354
Accumulated other comprehensive income (loss) (295) (245)
Treasury stock, at cost (195 and 188 shares, respectively) (51,312) (48,847)
Total stockholders’ equity 11,433 11,623
Total liabilities and stockholders’ equity $ 29,704 $ 29,496
[1] The condensed consolidated balance sheet as of November 28, 2025 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.