Document and Entity Information Document (USD $)
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12 Months Ended | ||
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Nov. 02, 2014
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Dec. 19, 2014
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May 04, 2014
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Entity Information [Line Items] | |||
Entity Registrant Name | Avago Technologies LTD | ||
Entity Central Index Key | 0001441634 | ||
Current Fiscal Year End Date | --11-02 | ||
Entity Filer Category | Large Accelerated Filer | ||
Document Type | 10-K | ||
Document Period End Date | Nov. 02, 2014 | ||
Document Fiscal Year Focus | 2014 | ||
Document Fiscal Period Focus | FY | ||
Amendment Flag | false | ||
Entity Well-known Seasoned Issuer | Yes | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Common Stock, Shares Outstanding | 255,331,527 | ||
Entity Public Float | $ 16,100,000,000 |
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If the value is true, then the document is an amendment to previously-filed/accepted document. No definition available.
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End date of current fiscal year in the format --MM-DD. No definition available.
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- Definition
This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
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- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
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- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
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The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other". No definition available.
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- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument. No definition available.
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- Definition
Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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- Definition
Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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- Definition
State aggregate market value of voting and non-voting common equity held by non-affiliates computed by reference to price at which the common equity was last sold, or average bid and asked price of such common equity, as of the last business day of registrant's most recently completed second fiscal quarter. The public float should be reported on the cover page of the registrants form 10K. No definition available.
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- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. No definition available.
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- Definition
Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A. No definition available.
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- Definition
Carrying amount of long-term convertible debt as of the balance sheet date, net of the amount due in the next twelve month or greater than the normal operating cycle, if longer due to related parties. The debt is convertible into another form of financial instrument, typically the entity's common stock No definition available.
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- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount classified as assets attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of long-term debt, after unamortized discount or premium, scheduled to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, excluding amounts to be repaid within one year or the normal operating cycle, if longer (current maturities). Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount, as of the balance sheet date, of current assets not separately disclosed in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount of current liabilities (due within one year or within the normal operating cycle if longer) not separately disclosed in the balance sheet. Includes costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This represents the noncurrent liability for underfunded plans recognized in the balance sheet that is associated with the defined benefit pension plans and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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(Parentheticals)
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Nov. 02, 2014
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Statement of Financial Position [Abstract] | |
Common Stock, Shares, Issued | 254,330,630 |
Common Stock, Shares, Outstanding | 254,330,630 |
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- Definition
Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 6 Months Ended | 12 Months Ended | ||||||||||||
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Nov. 02, 2014
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Aug. 03, 2014
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May 04, 2014
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Feb. 02, 2014
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Nov. 03, 2013
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Aug. 04, 2013
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May 05, 2013
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Feb. 03, 2013
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Nov. 02, 2014
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Nov. 02, 2014
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Nov. 03, 2013
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Oct. 28, 2012
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Net revenue | $ 1,590 | $ 1,269 | $ 701 | $ 709 | $ 738 | $ 644 | $ 562 | $ 576 | $ 4,269 | $ 2,520 | $ 2,364 | ||||
Cost of products sold: | |||||||||||||||
Cost of products sold | 688 | 760 | 326 | 347 | 373 | 325 | 276 | 286 | 2,121 | 1,260 | 1,164 | ||||
Amortization of intangible assets | 108 | 105 | 18 | 18 | 19 | 14 | 14 | 14 | 249 | 61 | 56 | ||||
Restructuring charges | 6 | 11 | 0 | 5 | 0 | 1 | 0 | 0 | 22 | 1 | 2 | ||||
Total cost of products sold | 802 | 876 | 344 | 370 | 392 | 340 | 290 | 300 | 2,392 | 1,322 | 1,222 | ||||
Gross margin | 788 | 393 | 357 | 339 | 346 | 304 | 272 | 276 | 1,877 | 1,198 | 1,142 | ||||
Research and development | 234 | 240 | 114 | 107 | 109 | 101 | 95 | 93 | 695 | 398 | 335 | ||||
Selling, general and administrative | 129 | 137 | 67 | 74 | 60 | 57 | 52 | 53 | 407 | 222 | 199 | ||||
Amortization of intangible assets | 91 | 91 | 8 | 7 | 7 | 6 | 6 | 5 | 197 | 24 | 21 | ||||
Restructuring charges | 33 | 87 | 8 | 12 | 0 | 0 | 1 | 1 | 140 | 2 | 5 | ||||
Total operating expenses | 487 | 555 | 197 | 200 | 176 | 164 | 154 | 152 | 1,439 | 646 | 560 | ||||
Income from operations | 301 | (162) | 160 | 139 | 170 | 140 | 118 | 124 | 438 | 552 | 582 | ||||
Interest expense | (54) | (55) | (1) | 0 | 0 | (1) | (1) | 0 | (110) | (2) | (1) | ||||
Loss on extinguishment of debt | 0 | 0 | 0 | 0 | (1) | 0 | 0 | 0 | 0 | (1) | 0 | ||||
Other income, net | 16 | (2) | 0 | 0 | 11 | 5 | 1 | 2 | 14 | 19 | 4 | ||||
Income from continuing operations before income taxes | 263 | (219) | 159 | 139 | 180 | 144 | 118 | 126 | 342 | 568 | 585 | ||||
Provision for income taxes | 126 | (99) | 1 | 5 | 8 | 2 | 5 | 1 | 33 | 16 | 22 | ||||
Income from continuing operations | 137 | (120) | 158 | 134 | 172 | 142 | 113 | 125 | 309 | 552 | 563 | ||||
Loss from discontinued operations (including a gain on disposal of $18 million), net of income taxes | (2) | [1] | (44) | 0 | 0 | 0 | 0 | 0 | 0 | (46) | (46) | 0 | 0 | ||
Net income | $ 135 | $ (164) | $ 158 | $ 134 | $ 172 | $ 142 | $ 113 | $ 125 | $ 263 | $ 552 | $ 563 | ||||
Basic income per share: | |||||||||||||||
Income per share from continuing operations (in dollars per share) | $ 0.54 | $ (0.48) | $ 0.63 | $ 0.54 | $ 0.69 | $ 0.57 | $ 0.46 | $ 0.51 | $ 1.23 | $ 2.23 | $ 2.30 | ||||
Loss per share from discontinued operations, net of income taxes (in dollars per share) | $ (0.01) | $ (0.17) | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ (0.18) | $ 0.00 | $ 0.00 | ||||
Net income per share (in dollars per share) | $ 0.53 | $ (0.65) | $ 0.63 | $ 0.54 | $ 0.69 | $ 0.57 | $ 0.46 | $ 0.51 | $ 1.05 | $ 2.23 | $ 2.30 | ||||
Diluted income per share: | |||||||||||||||
Income per share from continuing operations (in dollars per share) | $ 0.50 | $ (0.48) | $ 0.61 | $ 0.53 | $ 0.68 | $ 0.56 | $ 0.45 | $ 0.50 | $ 1.16 | $ 2.19 | $ 2.25 | ||||
Loss per share from discontinued operations, net of income taxes (in dollars per share) | $ 0.00 | $ (0.17) | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ (0.17) | $ 0.00 | $ 0.00 | ||||
Net income per share (in dollars per share) | $ 0.50 | $ (0.65) | $ 0.61 | $ 0.53 | $ 0.68 | $ 0.56 | $ 0.45 | $ 0.50 | $ 0.99 | $ 2.19 | $ 2.25 | ||||
Weighted-average shares: | |||||||||||||||
Basic (in shares) | 254 | 252 | 251 | 249 | 248 | 248 | 246 | 246 | 251 | 247 | 245 | ||||
Diluted (in shares) | 272 | 252 | 258 | 255 | 253 | 252 | 251 | 251 | 267 | 252 | 250 | ||||
Cash dividends declared and paid per share (in dollars per share) | $ 0.32 | $ 0.29 | $ 0.27 | $ 0.25 | $ 0.23 | $ 0.21 | $ 0.19 | $ 0.17 | $ 1.13 | $ 0.80 | $ 0.56 | ||||
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- Definition
Costs related to goods produced and sold during the reporting period excluding amortization of intangible assets and restructuring charges. No definition available.
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- Definition
Amount related to cost of products sold charged against earnings in the period for incurred and estimated costs associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, excluding asset retirement obligations. No definition available.
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The amount of expense recognized in the current period that reflects the allocation of the costs of intangible assets over the expected benefit period of such assets. This element applies only to intangible assets used in the production of goods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of income (loss) from a disposal group, net of income tax, reported as a separate component of income before extraordinary items after deduction or consideration of the amount allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Per basic share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Per diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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X | ||||||||||
- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Consolidated Statements of Operations (Parenthetical) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Income Statement [Abstract] | |||
Gain on disposal | $ 18 | $ 0 | $ 0 |
X | ||||||||||
- Definition
Amount of gain (loss), after tax expense or benefit and not previously recognized, resulting from the sale of a business component. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Consolidated Statements of Comprehensive Income Statement (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Net income | $ 263 | $ 552 | $ 563 |
Other comprehensive (loss) income, net of tax: | |||
Unrealized (losses) gains on post-retirement plans and defined benefit pension plans and impact on plan amendment | (41) | 8 | (13) |
Reclassification to net income | (3) | 0 | 0 |
Change in net unrealized loss on available-for-sale securities | 0 | (3) | 0 |
Other comprehensive (loss) income | (44) | 5 | (13) |
Comprehensive income | $ 219 | $ 557 | $ 550 |
X | ||||||||||
- Definition
Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after tax of (increase) decrease in the value of the projected benefit obligation related to a change in an actuarial assumption and increase (decrease) in the value of the plan assets resulting from experience different from that assumed, that has not been recognized in net periodic benefit (cost) credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after tax and reclassification adjustments, of appreciation (loss) in value of unsold available-for-sale securities. Excludes amounts related to other than temporary impairment (OTTI) loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount after tax of reclassification adjustment from accumulated other comprehensive (income) loss related to net period benefit cost (credit) for pension and other postretirement defined benefit plans. No definition available.
|
X | ||||||||||
- Definition
Payment For Settlement Of Acquisition Liability No definition available.
|
X | ||||||||||
- Definition
The cash outflow for the obligation for lease meeting the criteria for capitalization (includes maturities within one year and exceeding one year or beyond the operating cycle of the entity, if longer). No definition available.
|
X | ||||||||||
- Definition
Proceeds From Government Grants for capital expenditures No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of noncash expense included in interest expense to allocate debt discount and premium, and the costs to issue debt and obtain financing over the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of deferred tax expense from write-off of the deferred tax asset related to deductible stock options at exercise. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of net gain (loss) recognized in net periodic benefit cost due to settlements and curtailments. Curtailments result from an event that significantly reduces the expected years of future service of present employees or eliminates for a significant number of employees the accrual of defined benefits for some or all of their future services. Settlements result from an irrevocable action that relieves the employer (or the plan) of primary responsibility for a benefit obligation and eliminates significant risks related to the obligation and the assets used to effect the settlement. Examples of transactions that constitute a settlement include, but are not limited to, lump-sum cash payments to plan participants in exchange for their rights to receive specified benefits and purchasing nonparticipating annuity contracts to cover vested benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of gain (loss), before tax expense or benefit and not previously recognized, resulting from the sale of a business component. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of cash inflow from realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of cash outflow for realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The increase (decrease) during the reporting period in other current operating assets less other current operating liabilities not separately disclosed in the statement of cash flows. No definition available.
|
X | ||||||||||
- Definition
The increase (decrease) during the reporting period in other noncurrent operating assets less other noncurrent operating liabilities not separately disclosed in the statement of cash flows. No definition available.
|
X | ||||||||||
- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash outflow to reacquire other equity not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash outflow associated with the purchase of all investments (debt, security, other) during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash inflow from the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash inflow associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash inflow from the amounts received by the insured under the terms of an insurance contract settlement. This element pertains only to insurance proceeds related to investments, for example fixed assets. It excludes insurance settlements classified as operating cash flows. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash inflow from other long-term borrowings not otherwise defined in the taxonomy (with maturities initially due beyond one year or the normal operating cycle of the entity, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash inflow associated with the sale and maturity (principal being due) of other investments, prepayment and call (request of early payment) of other investments not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash inflow associated with the amount received from the stock plan during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash outflow during the period from the repayment of aggregate short-term and long-term debt. Excludes payment of capital lease obligations. No definition available.
|
X | ||||||||||
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Business combinations, fair value of partially vested equity No definition available.
|
X | ||||||||||
- Definition
Amount of increase (decrease) in additional paid in capital (APIC) resulting from recognition of deferred taxes for convertible debt with a beneficial conversion feature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
This element represents the amount of recognized equity-based compensation during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized). Alternate captions include the words "stock-based compensation". Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of increase in additional paid in capital (APIC) resulting from a tax benefit associated with share-based compensation plan other than an employee stock ownership plan (ESOP). Includes, but is not limited to, excess tax benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of paid and unpaid common stock dividends declared with the form of settlement in cash. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount after tax and reclassification adjustments, of (increase) decrease in accumulated other comprehensive (income) loss related to pension and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Number of shares (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of any shares forfeited. Shares issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Value of stock (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of stock value of such awards forfeited. Stock issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Number of shares that have been repurchased and retired during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Overview
|
12 Months Ended |
---|---|
Nov. 02, 2014
|
|
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Overview | Overview Overview Avago Technologies Limited, or the "Company", was organized under the laws of the Republic of Singapore in August 2005. We are a designer, developer and global supplier of a broad range of semiconductor devices with a focus on analog III-V based products and complex digital and mixed signal complementary metal oxide semiconductor, or CMOS, based devices. We have a history of innovation and offer thousands of products that are used in end products such as smartphones, hard disk drives, computer servers, consumer appliances, data networking and telecommunications equipment, enterprise storage and servers, and factory automation and industrial equipment. We have four reportable segments: wireless communications, wired infrastructure, enterprise storage and industrial & other, which align with our target markets. References herein to "the Company", "we", "our", "us" and "Avago" are to Avago Technologies Limited and its consolidated subsidiaries, unless otherwise specified or the context otherwise requires. In August 2014, we acquired PLX Technology, Inc., or PLX, for $308 million. On May 6, 2014, we acquired LSI Corporation, or LSI, a company that provides high-performance storage and networking semiconductors used in hard disk drives, solid state drives, communication systems, computer servers, storage systems and personal computers, for a purchase price of $6.5 billion. On September 2, 2014, we sold LSI's Flash Components Division and Accelerated Solutions Division, or the Flash Business, to Seagate Technology LLC, or Seagate, for $450 million. On August 13, 2014, we entered into an agreement with Intel Corporation, or Intel, to dispose of LSI’s Axxia Networking Business and related assets, or the Axxia Business, for $650 million. This transaction closed on November 18, 2014. In fiscal year 2013, we acquired CyOptics, Inc., or CyOptics. The consolidated financial statements include the results of operations of PLX, LSI, CyOptics and other acquisitions commencing as of their respective acquisition dates. The results of operations for the Axxia and Flash Businesses are presented as discontinued operations in our consolidated statements of operations. The assets of the Axxia Business to be disposed of are presented as "Assets held-for-sale" on the consolidated balance sheet as of November 2, 2014. |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Summary of Significant Accounting Policies
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Nov. 02, 2014
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Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Significant Accounting Policies | Summary of Significant Accounting Policies Basis of presentation. We operate on a 52- or 53-week fiscal year ending on the Sunday closest to October 31. Our fiscal year ended November 2, 2014, or fiscal year 2014, was a 52-week fiscal year. The first quarter of our fiscal year 2014 ended on February 2, 2014, the second quarter ended on May 4, 2014 and the third quarter ended on August 3, 2014. Our fiscal year ended November 3, 2013, or fiscal year 2013, was a 53-week fiscal year, with the first fiscal quarter of that year containing 14 weeks. Our fiscal year ended October 28, 2012, or fiscal year 2012, was a 52-week fiscal year. Our consolidated financial statements include the accounts of Avago and our wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Certain amounts in the consolidated financial statements and notes to the consolidated financial statements for the prior years have been reclassified to conform to fiscal year 2014 presentation. Foreign currency remeasurement. We operate in a U.S. dollar functional currency environment. As such, foreign currency assets and liabilities are remeasured into U.S. dollars at current exchange rates except for non-monetary items such as inventory and property, plant and equipment, which are remeasured at historical exchange rates. The effects of foreign currency remeasurement were not material for any period presented. Use of estimates. The preparation of financial statements in conformity with generally accepted accounting principles in the United States, or GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and such differences could affect the results of operations reported in future periods. Cash and cash equivalents. We consider all highly liquid investment securities with original or remaining maturities of three months or less at the date of purchase to be cash equivalents. We determine the appropriate classification of our cash and cash equivalents at the time of purchase. Cash equivalents included $589 million and $659 million of time deposits as of November 2, 2014 and November 3, 2013, respectively. As of November 2, 2014, cash equivalents also included $393 million of money-market funds. For time deposits, carrying value approximates fair value due to the short-term nature of the instruments. The fair value of money-market funds as of November 2, 2014 and November 3, 2013 is determined using unadjusted prices in active, accessible markets for identical assets, as such they are classified as Level 1 assets, as defined within "Fair value measurement" in this note below. Trade accounts receivable, net. Trade accounts receivable are recorded at the invoiced amount and do not bear interest. Accounts receivable are reduced by an allowance for doubtful accounts, which is our best estimate of the amount of probable credit losses in our existing accounts receivable. We determine the allowance based on customer-specific experience and the aging of such receivables, among other factors. These allowances were $2 million and $1 million as of November 2, 2014 and November 3, 2013, respectively. Accounts receivable are also recorded net of sales returns and distributor allowances. These amounts are recorded when it is both probable and estimable that discounts will be granted or products will be returned. Accounts receivable allowances at November 2, 2014 and November 3, 2013 were $65 million and $42 million, respectively. Concentrations of credit risk and significant customers. Our cash, cash equivalents and accounts receivable are potentially subject to concentration of credit risk. Cash and cash equivalents may be redeemable upon demand and are maintained with several financial institutions that management believes are of high credit quality and therefore bear minimal credit risk. We seek to mitigate our credit risks by spreading such risks across multiple counterparties and monitoring the risk profile of these counterparties. Our accounts receivable are derived from revenue earned from customers located both within and outside the U.S. We mitigate collection risks from our customers by performing regular credit evaluations of our customers’ financial conditions, and require collateral, such as letters of credit and bank guarantees, in certain circumstances. We sell our products through our direct sales force, distributors and manufacturers representatives. One direct customer accounted for 30% and 26% of our net accounts receivable balance at November 2, 2014 and November 3, 2013, respectively. One direct customer represented 20%, 18% and 17% of our net revenue in fiscal years 2014, 2013 and 2012, respectively. The majority of the revenue from this customer was included in our wireless communications segment. Concentration of other risks. The semiconductor industry is characterized by rapid technological change, competitive pricing pressures and cyclical market patterns. Our financial results are affected by a wide variety of factors, including general economic conditions worldwide, economic conditions specific to the semiconductor industry, timely implementation of new manufacturing technologies, ability to safeguard patents and other intellectual property in a rapidly evolving market and reliance on assembly and test subcontractors, third-party wafer fabricators and independent distributors. In addition, the semiconductor market has historically been cyclical and subject to significant economic downturns at various times. We are exposed to the risk of obsolescence of our inventory depending on the mix of future business. Inventory. We value our inventory at the lower of the actual cost of the inventory or the current estimated market value of the inventory, with cost being determined under the first-in, first-out method. We record a provision for excess and obsolete inventory based primarily on our forecast of product demand and production requirements. The excess balance determined by this analysis becomes the basis for our excess inventory charge and the written-down value of the inventory becomes its cost. Written-down inventory is not written up if market conditions improve. Investments. We determine the appropriate classification of our investments at the time of acquisition and re-evaluate such determination at each balance sheet date. We classify our investments as current or non-current based on the intent of management, the nature of the investments and whether they are readily available for use in current operations. Our minority investments in privately-held companies are accounted for using the cost method and evaluated for impairment quarterly. Such analysis requires significant judgment to identify events or circumstances that would likely have a significant other-than-temporary adverse effect on the carrying value of the investment. At the time of purchase, we classify investments in marketable equity or debt securities, including warrants to acquire such securities, as held by us, as available-for-sale securities or trading securities. These investments are recorded in the consolidated balance sheets at fair value. Unrealized gains and losses on available-for-sale securities are included as a separate component of accumulated other comprehensive income (loss). Unrealized gains and losses on trading securities are included in current operating results in other income, net. Pre-tax realized gains and losses on marketable equity or debt securities sold are determined based on the specific identification method and are included in current operating results in other income, net. At November 2, 2014, we had $24 million and $28 million of investments included in current and other long-term assets, respectively. At November 3, 2013, we had $23 million and $5 million of investments included in current and other long-term assets, respectively. Retirement benefits. Post-retirement assets and liabilities are estimates of benefits that we expect to pay to eligible retirees. We consider various factors in determining the value of our post-retirement net assets, including the number of employees that we expect to receive benefits and other actuarial assumptions. For defined benefit pension plans, we consider various factors in determining our respective pension liabilities and net periodic benefit costs, including the number of employees that we expect to receive benefits, their salary levels and years of service, the expected return on plan assets, the discount rate, the timing of the payment of benefits, and other actuarial assumptions. If the actual results and events of the pension plans differ from our current assumptions, the benefit obligations may be over- or under-valued. The key benefit plan assumptions are the discount rate and the expected rate of return on plan assets. The assumptions discussed below are for the U.S. retirement benefit plans. For the non-U.S. plans, we chose assumptions specific to each country. The U.S. discount rates were based on the results of matching expected plan benefit payments with cash flows from a hypothetical yield curve constructed with high quality corporate bond yields. We base the salary increase assumptions on historical experience and future expectations. In developing the expected rate of return, we consider long-term compound annualized returns based on historical market data, historical and expected returns on the various categories of plan assets, and the target investment portfolio allocation among debt, equity securities and other investments. Derivative instruments. We are subject to foreign currency risks for transactions denominated in foreign currencies, primarily Singapore Dollar, Malaysian Ringgit, Euro and Japanese Yen. Therefore, we enter into foreign exchange forward contracts to manage financial exposures resulting from the changes in the exchange rates of these foreign currencies. These contracts are designated at inception as hedges of the related foreign currency exposures, which include committed and forecasted revenue and expense transactions that are denominated in currencies other than the functional currency of the subsidiary which has the exposure. We exclude time value from the measurement of effectiveness. To achieve hedge accounting, contracts must reduce the foreign currency exchange rate risk otherwise inherent in the amount and duration of the hedged exposures and comply with established risk management policies; our hedging contracts generally mature within three months. We do not use derivative financial instruments for speculative or trading purposes. We designate our forward contracts as either cash flow or fair value hedges. All derivatives are recognized on the consolidated balance sheets at their fair values. For derivative instruments that are designated and qualify as fair value hedges, changes in value of the instruments are recognized in income in the current period. Such hedges are recorded in net income and are offset by the changes in fair value of the underlying assets or liabilities being hedged. For derivative instruments that are designated and qualify as cash flow hedges, changes in the value of the effective portion of the derivative instrument are recognized in accumulated other comprehensive income (loss), a component of shareholders’ equity. These amounts are then reclassified and recognized in net income when either the forecasted transaction occurs or it becomes probable the forecasted transaction will not occur. Changes in the fair value of the ineffective portion of derivative instruments are recognized in net income in the current period, which have not been significant to date. The impact of derivative instruments is immaterial to our consolidated financial statements for all periods presented. Property, plant and equipment. Property, plant and equipment are stated at cost less accumulated depreciation and amortization. Additions, improvements and major renewals are capitalized, and maintenance, repairs and minor renewals are expensed as incurred. Assets are held in construction in progress until placed in service, upon which date, we begin to depreciate these assets. When assets are retired or disposed of, the assets and related accumulated depreciation and amortization are removed from our property, plant and equipment balances and the resulting gain or loss is reflected in the consolidated statements of operations. Buildings and leasehold improvements are generally depreciated over 15 to 40 years, or over the lease period, whichever is shorter, and machinery and equipment are generally depreciated over three to ten years. We use the straight-line method of depreciation for all property, plant and equipment. Fair value measurement. Fair value is defined as the price that would be received upon sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three level hierarchy is applied to prioritize the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under the guidance for fair value measurements are described below: Level 1 — Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Our Level 1 assets include cash equivalents, banker's acceptances, trading securities investments and investment funds (i.e., deferred compensation plan assets). We measure trading securities investments and investment funds at quoted market prices as they are traded in an active market with sufficient volume and frequency of transactions. Level 2 — Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. If the asset or liability has a specified contractual term, a Level 2 input must be observable for substantially the full term of the asset or liability. We consider our Convertible Notes to be Level 2 liabilities in the fair value hierarchy as the estimated fair value is measured based on the market prices observable for similar instruments. Level 3 — Level 3 inputs are unobservable inputs for the asset or liability in which there is little, if any, market activity for the asset or liability at the measurement date. Level 3 assets and liabilities include cost method investments, goodwill, amortizable intangible assets, and property, plant and equipment, which are measured at fair value using a discounted cash flow approach when they are impaired. Quantitative information for Level 3 assets and liabilities reviewed at each reporting period includes indicators of significant deterioration in the earnings performance, credit rating, asset quality, business prospects of the investee, and financial indicators of the investee's ability to continue as a going concern. Business combinations. We account for business combinations under the acquisition method of accounting, which requires us to recognize separately from goodwill the assets acquired and the liabilities assumed at their acquisition date fair values. While we use our best estimates and assumptions to accurately value assets acquired and liabilities assumed at the acquisition date as well as contingent consideration, where applicable, our estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one year from the acquisition date, we record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to our consolidated statements of operations. Accounting for business combinations requires our management to make significant estimates and assumptions, especially at the acquisition date including our estimates for intangible assets, contractual obligations assumed, restructuring liabilities, pre-acquisition contingencies, and contingent consideration, where applicable. Although we believe the assumptions and estimates we have made in the past have been reasonable and appropriate, they are based in part on historical experience and information obtained from the management of the acquired companies and are inherently uncertain. Critical estimates in valuing certain of the intangible assets we have acquired include future expected cash flows from product sales, customer contracts and acquired technologies, expected costs to develop in-process research and development into commercially viable products and estimated cash flows from the projects when completed and discount rates. Unanticipated events and circumstances may occur that may affect the accuracy or validity of such assumptions, estimates or actual results. Goodwill and purchased intangible assets. Goodwill represents the excess of purchase price and related costs over the value assigned to the net tangible and identifiable intangible assets of businesses acquired. Goodwill is not amortized but is reviewed annually (or more frequently if impairment indicators arise) for impairment. Purchased finite-lived intangible assets are carried at cost less accumulated amortization. Amortization is recognized over the periods during which the intangible assets are expected to contribute to our cash flows. Purchased in-process research and development, or IPR&D, projects are capitalized at fair value as an indefinite lived intangible asset and assessed for impairment thereafter. Upon completion of each underlying project, IPR&D assets are reclassified as an amortizable purchased intangible asset and amortized over their estimated useful lives. If an IPR&D project is abandoned, we recognize the value of the related intangible asset in our consolidated statements of operations in the period it is abandoned. No project abandonments or transfers from IPR&D to amortizable purchased intangible assets occurred for fiscal year 2014. Long-lived assets. On a quarterly basis, we monitor factors and changes in circumstances that could indicate carrying amounts of long-lived assets, including goodwill, intangible assets, and property, plant and equipment, may not be recoverable. Factors we consider important which could trigger an impairment review include (i) significant under-performance relative to historical or projected future operating results, (ii) significant changes in the manner of our use of the acquired assets or the strategy for our overall business, and (iii) significant negative industry or economic trends. An impairment loss must be measured if the sum of the expected future cash flows (undiscounted and before interest) from the use and eventual disposition of the asset (or asset group) is less than the net book value of the asset (or asset group). The amount of the impairment loss will generally be measured as the difference between the net book value of the asset (or asset group) and the estimated fair value. We perform an annual impairment review of goodwill and intangibles including IPR&D during the fourth quarter of each fiscal year, or more frequently if we believe indicators of impairment exist. No impairment of long-lived assets resulted from our fourth quarter fiscal year 2014 evaluation of long-lived assets for impairment, or for any of the periods presented. Additionally, on a quarterly basis, we assess whether there have been triggers that would require us to evaluate the reasonableness of the remaining estimated useful lives of intangible assets and property, plant & equipment. No such triggers were identified during fiscal year 2014. Warranty. We accrue for the estimated costs of product warranties at the time revenue is recognized. Product warranty costs are estimated based upon our historical experience and specific identification of the products requirements, which may fluctuate based on product mix. Additionally, we accrue for warranty costs associated with occasional or unanticipated product quality issues if a loss is probable and can be reasonably estimated. The following table summarizes the changes in accrued warranty (in millions):
Revenue recognition. We recognize revenue related to sales of our products, net of trade discounts and allowances, provided that (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred and title and risk of loss have transferred, (iii) the price is fixed or determinable and (iv) collectibility is reasonably assured. We consider the price to be determinable when the price is not subject to refund or adjustments or when any such adjustments can be estimated. We evaluate the creditworthiness of our customers to determine that appropriate credit limits are established prior to the acceptance of an order. Revenue, including sales to resellers and distributors, is reduced for estimated returns and distributor allowances. We recognize revenue from sales of our products to distributors upon delivery of products to the distributors. An allowance for distributor credits covering price adjustments and scrap allowances is made based on our estimate of historical experience rates as well as considering economic conditions and contractual terms. To date, actual distributor claim activity has been materially consistent with the provisions we have made based on our historical estimates. We enter into development agreements with some of our customers and recognize revenue from these agreements upon completion and acceptance by the customer of contract deliverables or as services are provided, depending on the terms of the arrangement. Revenue is deferred for any amounts billed or received prior to completion or delivery of services. As we retain the intellectual property generated from these development agreements, costs related to these arrangements are included in research and development expense. Net revenue for fiscal year 2014 included $124 million of revenue from development agreements. We recognize revenue from the sales and licensing of our intellectual property when the following fundamental criteria are met: (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred, (iii) the sales price is fixed or determinable, and (iv) collection of resulting receivables is reasonably assured. Revenue from upfront payments for the licensing of our patents is recognized when the arrangement is mutually signed, if there is no future delivery or future performance obligation and all other criteria are met. Revenue from guaranteed royalty streams are recognized when paid, or collection is reasonably assured and all other criteria are met. When patent licensing arrangements include royalties for future sales of the licensees’ products using our licensed patented technology, revenue is recognized when the royalty report is received from the licensee, at which time the sales price is determinable, provided that all other criteria have been met. Research and development. Research and development expense consists primarily of personnel costs for our engineers and third parties engaged in the design and development of our products, software and technologies, including salary, bonus and share-based compensation expense, project material costs, services and depreciation. Such costs are charged to research and development expense as they are incurred. Government grants. Investment incentives related to government grants are recognized when a legal right to the grant exists, there is reasonable assurance that both the terms and conditions associated with the grant will be fulfilled and the grant proceeds will be received. For government grants related to capital expenditures, the amount of the grant is deferred, and amortized over the useful life of the asset and is reflected in the consolidated statements of cash flows as a financing activity. All other government grants are recognized as a reduction of the qualifying cost being reimbursed and are reflected in the consolidated statements of cash flows as an operating activity. Share-based compensation expense. Share-based compensation expense is measured at the grant date, based on the estimated fair values of the awards, net of estimated forfeitures. We use the Black-Scholes option pricing model to determine the estimated fair value for time-based options and employee share purchase plan rights and amortize the share-based compensation expense under the straight-line amortization method over the vesting period. We use the Monte Carlo simulation method to determine the estimated fair value for share price performance, or market-based, stock options and amortize the share-based compensation expense under the graded vesting method over the service period. We recognize a benefit from share-based compensation in shareholders' equity if an incremental tax benefit is realized by following the ordering provisions of the tax law. Shipping and handling costs. Our shipping and handling costs charged to customers are included in net revenue and the associated expense is included in cost of products sold in the consolidated statements of operations for all periods presented. Advertising. Advertising costs are expensed as incurred and included within selling, general and administrative expense. Advertising costs were not material for fiscal years 2014, 2013 or 2012. Litigation and settlement cost. We are involved in legal actions and other matters arising in our recent business acquisitions and in the normal course of business. We recognize an estimated loss contingency when the outcome is probable or reasonably possible prior to issuance of the consolidated financial statements and we are able to reasonably estimate the amount or range of any possible loss. Taxes on income. We account for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the consolidated financial statements. Under this method, deferred tax assets and liabilities are determined based on the differences between the consolidated financial statements and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. We recognize net deferred tax assets to the extent we believe these assets will more likely than not be realized. In making such determination, we consider all available positive and negative evidence, including scheduled reversals of deferred tax liabilities, projected future taxable income, tax planning strategies and recent financial operations. If we determine that we are able to realize our deferred income tax assets in the future in excess of their net carrying values, we adjust the valuation allowance and reduce the provision for income taxes. Likewise, if we determine that we are not be able to realize all or part of our net deferred tax assets, we increase the provision for income taxes in the period such determination is made. We account for uncertainty in income taxes in accordance with accounting guidance on income taxes. The guidance provides that a tax benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. Net income per share. Basic net income per share is computed using the weighted-average number of ordinary shares outstanding during the period. Diluted net income per share is computed using the weighted-average number of ordinary shares and potentially dilutive share equivalents outstanding during the period. Diluted shares outstanding include the dilutive effect of in-the-money options (including market-based share options), restricted share units, or RSUs, employee share purchase rights under the Avago Technologies Limited Employee Share Purchase Plan, or ESPP, (collectively, equity awards) and the 2% Convertible Senior Notes due 2021 issued by Avago Technologies Limited, or the Convertible Notes. The dilutive effect of equity awards is calculated based on the average share price for each fiscal period, using the treasury stock method. Under the treasury stock method, the amount the employee must pay for exercising share options and to purchase shares under the ESPP, the amount of compensation cost for future service that we have not yet recognized, and the amount of tax benefits that would be recognized as ordinary shares when equity awards become deductible for income tax purposes are collectively assumed to be used to repurchase ordinary shares. The dilutive effect of the Convertible Notes is calculated using the treasury stock method. For the purpose of calculating the dilutive effect, we assume that the Convertible Notes will be settled in cash, which warrants use of the treasury stock method. In making this assumption, we considered our existing cash balance, future cash flows from operations and our ability to borrow and repay our existing term loans. The treasury stock method assumes that the carrying value of the Convertible Notes represents proceeds, since settlement of the Convertible Notes tendered for conversion may be settled with cash, ordinary shares or a combination of both at our option. The resulting incremental ordinary shares attributable to the assumed conversion of the Convertible Notes are a component of diluted shares. Diluted net income per share excluded the potentially dilutive effect of weighted-average equity awards (options, RSUs, and ESPP rights) to purchase 1 million ordinary shares in fiscal year 2014 and 2 million ordinary shares in each of fiscal years 2013 and 2012, as their effect was antidilutive. The following is a reconciliation of the numerators and denominators of the basic and diluted net income per share computations for the periods presented (in millions, except per share data):
Recently Adopted Accounting Guidance In fiscal year 2014, we adopted guidance on the presentation of reporting reclassifications out of accumulated other comprehensive income (loss). This guidance seeks to improve the reporting of such reclassifications by requiring an entity to report the effect of significant reclassifications out of accumulated other comprehensive income (loss) on the respective line items in net income if the amount being reclassified is required under GAAP to be reclassified in its entirety to net income. For other amounts that are not required under GAAP to be reclassified in their entirety to net income in the same reporting period, an entity is required to cross-reference other disclosures required under GAAP that provide additional detail about those amounts. This guidance supersedes the presentation requirements for reclassifications out of accumulated other comprehensive income (loss) in previously issued guidance. The adoption of this guidance affected the presentation of comprehensive income, but did not have any impact on our financial condition or results of operations. Recent Accounting Guidance Not Yet Adopted In November 2014, the Financial Accounting Standards Board, or FASB, issued authoritative guidance that provides guidance on whether and at what threshold an acquired business or not-for-profit organization can apply pushdown accounting. This guidance provides an option to apply pushdown accounting in the separate financial statements of an acquired entity upon the occurrence of an event in which an acquirer obtains control of the acquired entity. The guidance is effective on November 18, 2014. After the effective date, an acquired entity can make an election to apply the guidance to future change-in-control events or to its most recent change-in-control event. However, if the financial statements for the period in which the most recent change-in-control event occurred already have been issued or made available to be issued, the application of this guidance would be a change in accounting principle. The adoption of this guidance is not expected to have any significant impact on our consolidated financial statements. In June 2014, the FASB issued authoritative guidance that resolves the diverse accounting treatment for share-based payment awards that require a specific performance target to be achieved in order for employees to become eligible to vest in the awards. The guidance applies to entities that grant their employees share-based awards that include a performance target that could be achieved after the requisite service period. The guidance explicitly requires that a performance target of this nature be treated as a performance condition and should not be reflected in estimating the grant-date fair value of the award. This guidance will be effective for the first quarter of our fiscal year 2016. We are currently evaluating the impact that this guidance will have on our financial condition and results of operations. In May 2014, the FASB issued authoritative guidance that outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance. The guidance is effective for the first quarter of our fiscal year 2018. Early adoption is not permitted. We are currently evaluating the impact of this guidance on our consolidated financial statements. In April 2014, the FASB issued authoritative guidance that raises the threshold for a disposal transaction to qualify as a discontinued operation and requires additional disclosures about discontinued operations and disposals of individually significant components that do not qualify as discontinued operations. This guidance will be effective prospectively for the first quarter of our fiscal year 2016, which will only affect any dispositions we may make after the effective date. In July 2013, the FASB issued an amendment to the accounting guidance related to the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss or a tax credit carryforward exists. The guidance requires an unrecognized tax benefit to be presented as a decrease in a deferred tax asset where a net operating loss, a similar tax loss or a tax credit carryforward exists and certain criteria are met. This guidance will be effective for the first quarter of our fiscal year 2015. The adoption of this guidance will affect the presentation of our unrecognized tax benefits but will not impact our financial condition or results of operations. |
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Acquisitions and Investments | Acquisitions and Investments Acquisition Summary On May 6, 2014, we acquired LSI for a purchase price of $6.5 billion. On September 2, 2014, we sold LSI's Flash Business to Seagate for $450 million. On August 13, 2014, we entered into an agreement with Intel to sell LSI’s Axxia Business for $650 million. This transaction closed on November 18, 2014. In August 2014, we acquired PLX for $308 million. In fiscal year 2013, we acquired CyOptics, Inc., or CyOptics. In addition, in each of fiscal years 2014 and 2013, we made one additional acquisition that was immaterial to our consolidated results of operations. During fiscal year 2012, we made two acquisitions that were immaterial individually and in the aggregate to our consolidated results of operations. The consolidated financial statements include the results of operations of LSI, PLX, CyOptics and other acquisitions commencing as of their respective acquisition dates. The results of operations for the Axxia and Flash Businesses are presented as discontinued operations in our consolidated statements of operations. The assets of the Axxia Business to be disposed of are presented as assets held-for-sale on the consolidated balance sheet as of November 2, 2014. Unaudited pro forma results of operations for the LSI, PLX and CyOptics acquisitions are presented below. Acquisition related transaction costs such as legal, accounting and other related expenses were recorded as a component of selling, general and administrative expense in our consolidated statements of operations. During fiscal years 2014 and 2013, we incurred $35 million and $5 million, respectively, in transaction costs related to acquisitions. Summary of Intangible Assets Acquired and Valuation Methods Used For each of our acquisitions, the allocation of the purchase price to tangible and identified intangible assets acquired was based on our best estimate of the fair value of such assets as of the respective acquisition dates. The fair value of acquired tangible and identified intangible assets is determined based on inputs that are unobservable and significant to the overall fair value measurement. As such, acquired tangible and intangible assets are classified as Level 3 assets. Developed technology was valued using the discounted cash flow method. Under this method, the direct cash flows expected to be generated by the technologies were discounted over their remaining lives, net of returns on contributory assets such as working capital, property and equipment and the assembled workforce, trade name, and existing customer relationships, using discount rates adjusted to reflect the risk and timing of cash flows associated with the specific assets relative to the other asset classes. We valued base product technology that generates cash flows from sales of the existing products using the income approach, specifically the multi-period excess earnings method which calculates the value based on the risk-adjusted present value of the cash flows specific to the products, allowing for a reasonable return. Packaging technology was valued utilizing the relief-from-royalty method, a form of the income approach. The relief-from-royalty method estimates the cost savings that accrue to the owner of an intangible asset that would otherwise be payable as royalties or license fees on revenues earned through the use of the asset. The royalty rate was based on an analysis of empirical, market-derived royalty rate for guideline intangible assets. The economic useful life was determined based on the technology cycle related to each product family and its expected contribution to forecast revenue. Customer relationships represent the fair value of future projected revenue that is expected to be derived from sales of products to existing customers of our acquired companies. Customer relationships were valued using the with-and-without-method, a form of the income approach. In this method, the fair value is measured by the difference between the present values of the cash flows from the sale with and without the existing customers in place over the period of time necessary to reacquire the customers. The method involves a comparison of the cash flows assuming the customer relationships were in place to cash flows that would be generated if the customer relationships were newly created. The economic useful life was determined based on the estimated customer product or program ramp-up period required to develop the similar existing customer revenue base. Customer order backlog represents business under existing contractual obligations as of the acquisition date. The fair value of backlog was determined using the multi-period excess earnings method under the income approach based on expected operating cash flows from future contractual revenue. The economic useful life was determined based on the expected life of the backlog and the cash flows over the forecast period. Trade names relate to our acquirees' product brands and their fair values were determined by applying the relief-from-royalty method under the income approach. This valuation method is based on the application of a royalty rate to forecasted revenue under the respective trade name and involves discounting net cash flows resulting from the forecast of avoided royalties over a transition period, giving consideration to the cost of capital estimate as well as the risk and timing of the cash flows associated with this asset relative to the other asset classes. The economic useful life was determined based on the expected life of the trade names, the history of the trade names and the cash flows anticipated over the forecasted periods. Patents represent issued patents and patent applications worldwide, and existing licensing contracts. We valued the existing patents associated with new IP licensing contracts using the multi-period excess earnings method under the income approach. The method reflects the present value of the projected cash flows that are expected to be generated by the patents less charges representing the contribution of other assets to those cash flows. We valued the existing IP licensing contracts using the discounted cash flow method under the income approach. The method reflects the present value of the projected cash flows that are expected to be generated by the licensing contracts. The economic useful life was determined based on the actual contractual terms of the existing patents and licensing contracts and the cash flows over the forecasted periods. IPR&D represents the fair value of incomplete research and development projects that had not reached technological feasibility as of the date of the acquisition. The fair value of IPR&D was determined using the multi-period excess earnings method, a form of the income approach. Under the income approach, the expected future cash flows from each project under development are estimated and discounted to their net present values at an appropriate risk-adjusted rate of return. The acquisition date fair value of IPR&D will be either amortized or impaired depending on whether the projects are completed or abandoned. LSI On May 6, 2014, we acquired LSI, a company that provides high-performance storage and networking semiconductors used in hard disk drives, solid state drives, communication systems, computer servers, storage systems and personal computers. We acquired LSI to enhance our competitive position in the enterprise storage market to expand Avago's product offerings and to provide us with system-level expertise in the wired infrastructure market. Total consideration consisted of the following (in millions):
In connection with the LSI acquisition, we assumed stock options and RSUs, originally granted by LSI, and converted them into Avago share options and RSUs. The portion of the fair value of partially vested equity awards associated with prior service of LSI employees represents a component of the total consideration for the LSI acquisition, as presented above. Stock options assumed were valued using the Black Scholes option pricing model based on the exercise behavior of Avago's employees. RSUs were valued based on Avago’s stock price as of the acquisition date. We allocated the purchase price to tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair values. The fair value of identifiable intangible assets acquired was based on estimates and assumptions made by management at the time of acquisition. During the fourth quarter of fiscal year 2014, we made adjustments to certain tax balances during the measurement period, resulting in a $62 million increase in goodwill. As additional information becomes available, we may further revise our preliminary purchase price allocation during the remainder of the measurement period (which will not exceed 12 months from the acquisition date). Any such revisions or changes may be material. Our preliminary allocation of the purchase price, net of cash acquired, is as follows (in millions):
Goodwill is primarily attributable to the assembled workforce of LSI, anticipated synergies and economies of scale expected from the operations of the combined company. Goodwill is not deductible for tax purposes. Our results of continuing operations for fiscal year 2014 include $1,050 million of net revenue attributable to LSI after May 6, 2014. It is impracticable to determine the effect on net income resulting from the LSI acquisition for fiscal year 2014, as the Company immediately integrated LSI into its ongoing operations. On September 2, 2014, we sold the Flash Business to Seagate for $450 million. The Flash Business was classified as assets held-for-sale on our consolidated balance sheet and was carried at fair value less costs to sell through the date of the sale. On November 18, 2014, we sold the Axxia Business to Intel for $650 million. This transaction did not meet the criteria for assets held-for-sale under the relevant accounting guidance as of May 6, 2014 and therefore the assets of the Axxia Business were not included in assets held-for-sale in the LSI purchase price allocation. The Axxia Business was classified as assets held-for-sale on our consolidated balance sheet as of November 2, 2014 and carried at fair value less costs to sell. Intangible Assets Identified intangible assets acquired consisted of the following:
Developed technology relates to systems-on-a-chip, read channel, pre-amplifiers, redundant array of independent disk, or RAID, Syncro, Axxia design, standard and customized networking solutions technologies. LSI's IPR&D projects as of November 2, 2014 were primarily as follows ($ in millions):
In addition, $71 million of LSI's Axxia IPR&D was reported as assets held-for-sale and sold to Intel in connection with the Axxia Business sale on November 18, 2014. A discount rate of 14.5% was applied to the projected cash flows to reflect the risk related to these IPR&D projects in determining their fair values. The discount rate represents a premium of 1% over the weighted-average cost of capital to reflect the higher risk and uncertainty of the cash flows for IPR&D relative to the overall business. Unaudited Pro Forma Information The following unaudited pro forma financial information presents combined results of operations for each of the fiscal years presented, as if LSI had been acquired as of the beginning of fiscal year 2013. The pro forma information excludes results of operations of LSI's Flash Business and Axxia Business and related acquisition costs, and includes adjustments to amortization and depreciation for intangible assets and property, plant and equipment acquired, adjustments to share-based compensation expense and interest expense for the additional indebtedness incurred to complete the acquisition. The pro forma results for fiscal year 2013 also include amortization of the purchase accounting effect on inventory acquired from LSI. The pro forma data are for informational purposes only and are not necessarily indicative of the consolidated results of operations of the combined business had the merger actually occurred at the beginning of fiscal year 2013 or of the results of future operations of the combined business. Consequently, actual results differ from the unaudited pro forma information presented below (in millions, except for per share amounts):
PLX On August 12, 2014, we acquired PLX, a provider of PCI Express, or PCIe, semiconductor and software connectivity solutions. We acquired PLX to broaden our portfolio to better serve the enterprise storage and networking end markets. Total consideration consisted of the following (in millions):
We allocated the purchase price to tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair values. The fair value of identifiable intangible assets acquired was based on estimates and assumptions made by management at the time of acquisition. As additional information becomes available, such as finalization of the estimated fair values of tax accounts, we may revise our preliminary purchase price allocation during the remainder of the measurement period (which will not exceed 12 months from the acquisition date). Any such revisions or changes may be material. Our preliminary allocation of the purchase price, net of cash acquired, is as follows (in millions):
_________________________________ (1) Assets held-for-sale represent a building for the former PLX headquarters. Goodwill is primarily attributable to the assembled workforce, the return on future technology and customer development. Goodwill is not deductible for tax purposes. Intangible Assets Identified intangible assets acquired consisted of the following:
Developed technology represents the fair value of PLX products that had reached technological feasibility and were a part of its product offering, which included PCIe switches, PCIe bridges and connectivity products. Customer relationships represent the fair values of PLX's existing relationships with over 1,000 customers for its PCIe switch/bridge business in the enterprise, PC consumer and industrial/embedded markets. PLX IPR&D consists of a PCI Express Gen 3 switch with enhanced features to mimic Ethernet and Infiniband products and increase the scope of the fabric. The following table summarizes the details of the IPR&D project as of November 2, 2014 ($ in millions):
Unaudited Pro Forma Information The following unaudited pro forma financial information presents combined results of operations for each of the fiscal years presented, as if PLX had been acquired as of the beginning of fiscal year 2013. The pro forma information excludes related acquisition costs and includes adjustments to share-based compensation expense, amortization and depreciation for intangible assets and property, plant and equipment acquired. The pro forma results for fiscal year 2013 also include amortization of the purchase accounting effect on inventory acquired from PLX. The pro forma data are for informational purposes only and are not necessarily indicative of the consolidated results of operations of the combined business had the merger actually occurred at the beginning of fiscal year 2013 or of the results of future operations of the combined business. Consequently, actual results differ from the unaudited pro forma information presented below (in millions, except for per share amounts):
CyOptics On June 28, 2013, we acquired CyOptics, a U.S.-based company that manufactures and sells Indium Phosphide, or InP, optical chip and component technologies for the data communications and telecommunications markets, for approximately $377 million, of which $373 million was paid in cash, net of $3 million in cash acquired. CyOptics had front-end manufacturing operations in the U.S. and back-end manufacturing operations in Mexico. During fiscal year 2014, we paid $4 million of additional deferred consideration to the previous shareholders of CyOptics. In addition, approximately $27 million was payable to key employees of CyOptics as part of a retention bonus plan, of which $17 million had been paid as of November 2, 2014. This amount was paid into escrow, will be paid to those employees over a three-year period subsequent to the acquisition date and is being recognized as compensation expense over the same period. For eligible CyOptics employees whose employment is involuntarily terminated by the Company, their retention bonus payments are accelerated and due in full upon such termination in accordance with the provisions of the plan. During fiscal year 2014, we recognized compensation expense of $10 million due to the departure of certain plan participants. We acquired CyOptics to strengthen our fiber optics product portfolio for emerging 40G and 100G enterprise and data center applications, through CyOptics' single-mode InP laser, receiver and photonics integration capability and for their optical components business, which serves segments of the access, metro and long-haul markets. The purchase price for CyOptics was determined based on cash flow projections assuming the integration of any acquired technology and products with our own, which were of considerably greater value than utilizing CyOptics’ technology or products on a standalone basis, as well as the assembled workforce of CyOptics. These factors, among others, contributed to a purchase price in excess of the estimated fair value of the net identifiable assets acquired, and, as a result, we recognized goodwill in connection with this transaction, which is not deductible for tax purposes. Our allocation of the purchase price, net of cash acquired was as follows (in millions):
There were no significant contingencies assumed as part of the acquisition. As of November 2, 2014, we had a $6 million indemnification receivable in other long-term assets for tax positions related to CyOptics value added tax and income taxes payable existing prior to the acquisition. Our results of operations for fiscal year 2013 include $85 million of net revenue attributable to CyOptics. Intangible Assets Identified intangible assets acquired consisted of the following:
Unaudited Pro Forma Information The following table presents certain unaudited pro forma financial information for each of the fiscal years presented as if CyOptics had been acquired as of the beginning of fiscal year 2012. The unaudited pro forma information combines the historical results of CyOptics with our consolidated historical results and includes certain fair value adjustments reflecting the estimated impact of amortization of intangible assets acquired and depreciation of acquired property, plant and equipment for the respective periods. The pro forma data are for informational purposes only and are not necessarily indicative of the consolidated results of operations of the combined business had the acquisition actually occurred at the beginning of fiscal year 2012 or of the results of future operations of the combined business. Consequently, actual results differ from the unaudited pro forma information presented below (in millions, except for per share amounts):
Investments We determine the appropriate classification of our investments at the time of acquisition and re-evaluate such determination at each balance sheet date. We record non-marketable equity investments at cost where we do not have the ability to exercise significant influence over or control the business and periodically review them for impairment. As a result of the acquisition of LSI on May 6, 2014, we acquired a 51% equity interest in a joint venture, Silicon Manufacturing Partners Pte Ltd., or SMP, owned by us and GLOBALFOUNDRIES, a manufacturing foundry for integrated circuits. SMP operates an integrated circuit manufacturing facility in Singapore. We account for our ownership position in SMP under the equity method of accounting. The Company is effectively precluded from unilaterally taking any significant action in the management of SMP due to GLOBALFOUNDRIES’ significant participatory rights under the joint venture agreement. Because of GLOBALFOUNDRIES’ approval rights, the Company cannot make any unilateral decisions regarding SMP without GLOBALFOUNDRIES’ approval, despite the 51% equity interest. In addition, the General Manager, who is responsible for the day-to-day management of SMP, is appointed by GLOBALFOUNDRIES, and GLOBALFOUNDRIES provides day-to-day operational support to SMP. As of November 2, 2014, the carrying amount of our equity interest was $22 million. The equity interest is reported in other long-term assets on our consolidated balance sheet. |
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Balance Sheet Components | Supplemental Financial Information Inventory Inventory consists of the following (in millions):
Property, Plant and Equipment, Net Property, plant and equipment, net consist of the following (in millions):
Depreciation expense was $164 million, $102 million and $78 million, for fiscal years 2014, 2013 and 2012, respectively. At November 2, 2014 and November 3, 2013, machinery and equipment included $85 million and $72 million of software costs, respectively, and accumulated amortization included $55 million and $60 million, respectively. At November 2, 2014 and November 3, 2013, we had $8 million of gross carrying amount of assets under capital leases in each period, and accumulated amortization of $7 million and $6 million, respectively. At November 2, 2014 and November 3, 2013, we had $45 million and $31 million, respectively, of unpaid purchases of property, plant, and equipment included in accounts payable and other current liabilities. Amounts reported as unpaid purchases are recorded as cash outflows from investing activities for purchases of property, plant, and equipment in the consolidated statements of cash flows in the period they are paid. Other Current Liabilities Other current liabilities consist of the following (in millions):
Accumulated Other Comprehensive Loss The change in accumulated other comprehensive loss was entirely related to defined pension and post-retirement plans as follows (in millions):
Other Income (Expense), net Other income (expense), net includes interest income, net realized gains on the sale of available-for-sale securities, realized and unrealized gains or losses on trading securities, gains on the sale of cost method investments, gains (losses) on currency remeasurement and other miscellaneous items. The following table presents the detail of other income (expense), net (in millions):
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Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The following table summarizes changes in goodwill by segment (in millions):
During the fourth quarter of fiscal year 2014, we changed our organizational structure resulting in four reportable segments: wireless communications, wired infrastructure, enterprise storage, and industrial & other. As a result, we have reassigned the goodwill balance as of November 3, 2013 to reflect our new segment structure. Intangible Assets Purchased intangible assets consist of the following (in millions):
The following table presents amortization of purchased intangible assets (in millions):
Based on the amount of intangible assets subject to amortization at November 2, 2014, the expected amortization expense for each of the next five fiscal years and thereafter is as follows (in millions):
The weighted-average amortization periods remaining by intangible asset category were as follows (in years):
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The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Compensation and Retirement Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Retirement Plans and Post-Retirement Benefits | Retirement Plans and Post-Retirement Benefits Defined Benefit Plans. As a result of the LSI acquisition on May 6, 2014, we assumed LSI's defined benefit pension plans covering certain U.S. and non-U.S. employees under which we are obligated to make future contributions to fund benefits to participants. The U.S. defined benefit pension plans include a management plan and a represented plan. Benefits under the management plan are provided under either an adjusted career-average-pay program or a cash-balance program. Benefits under the represented plan are based on a dollar-per-month formula. Benefit accruals under the management plan were frozen in 2009. Participants in the adjusted career-average-pay program no longer earn service accruals. Participants in the cash-balance program no longer earn service accruals, but continue to earn 4% interest per year on their cash-balance accounts. There are no active participants under the represented plan. We also assumed a non-qualified supplemental pension plan in the United States that principally provides benefits based on compensation in excess of amounts that can be considered under the management plan. We also assumed pension plans covering certain non-U.S. employees. 401(k) Defined Contribution Plans. Our U.S. eligible employees participate in the Avago Technologies U.S. Inc. 401(k) Plan, or the Avago 401(k) Plan. Enrollment in the 401(k) Plan is automatic for employees who meet eligibility requirements unless they decline participation. Under the Avago 401(k) Plan, we provide matching contributions to employees up to a maximum of 6% of an employee’s annual eligible compensation. All matching contributions vest immediately. The Avago 401(k) Plan provides for tax deferred and after-tax Roth contributions for eligible employees and allows employees to contribute from 1% to 50% of their annual compensation on a pre-tax and after-tax basis, subject to regulatory and plan limitations. In connection with the LSI acquisition we assumed the LSI Corporation 401(k) Plan, or the LSI 401(k) Plan. The LSI 401(k) Plan provides for tax deferred contributions for eligible employees and allows employees to contribute from 1% to 90% of their annual compensation on a pre-tax basis. The LSI 401(k) Plan also allows employees to make after-tax Roth contributions. Employee contributions are limited to a maximum annual amount as set periodically by the Internal Revenue Code. The Company matches employee contributions up to 100% of the first 5% of eligible earnings. All matching contributions vest immediately. During fiscal years 2014, 2013 and 2012, we made contributions of $18 million, $8 million and $7 million, respectively, to the 401k plans. Post-Retirement Benefit Plans. Our U.S. employees who transferred to us from Agilent Technologies, Inc., or Agilent, as part of the acquisition of the Semiconductor Products Group business from Agilent, who were age 49 or younger on January 1, 2005 and who meet the retirement eligibility requirements as of their termination dates, may receive post-retirement medical benefits under our retiree medical account program. Under our retiree medical account program, eligible retirees are allocated a spending account of either $40,000 or $55,000, depending on the retiree’s age at January 1, 2005, from which the retiree can receive reimbursement for premiums paid for medical coverage to age 65. U.S. employees who transferred to us from Agilent and who were age 50 or over on January 1, 2005 may be eligible for our traditional retiree medical plan upon meeting certain eligibility requirements and certain service criteria. Once participating in the traditional retiree medical plan, retirees are provided with access to both pre-65 medical coverage and supplemental Medicare coverage with medical premiums based on the type of coverage chosen and service criteria. Retirees in this group are also given the option to choose the $55,000 retiree medical account program instead of the traditional retiree medical plan. Effective January 1, 2014, we amended our U.S. post-retirement medical benefit plan. The amendment affected active, eligible employees and had no impact on existing retirees. As a result of the amendment, employees who were previously eligible for the medical benefit spending account of $40,000 upon retirement received a cash settlement based on age and years of service and have ceased to be eligible for post-retirement medical benefits under the program. During fiscal year 2014, we paid $6 million into these employees' 401(k) accounts. For employees who were previously eligible for the medical benefit spending account of $55,000 upon retirement, we extended the maximum age to use, as retirees, the spending account to pay premiums for medical coverage from 65 to 75. Employees who were previously eligible for the traditional retiree medical plan upon retirement are no longer eligible to participate in such a plan and will, instead, only be eligible for the extended $55,000 retiree medical account program described above. As a result of the above plan amendment, we recognized a curtailment gain of $1 million and a settlement gain of $2 million in fiscal year 2014. As a result of completing the LSI acquisition on May 6, 2014, we assumed a group life insurance plan that offers post-retirement life insurance coverage for certain U.S. employees. Non-U.S Retirement Benefit Plans. In addition to the defined benefit plans for certain employees in Taiwan, Korea, Japan, France, Italy and Germany, other eligible employees outside of the United States receive retirement benefits under various defined contribution retirement plans. Eligibility is generally determined based on the terms of our plans and local statutory requirements. Net Periodic Benefit Cost. For fiscal years 2014, 2013 and 2012, components of net periodic benefit cost and other amounts recognized in other comprehensive (income) loss consisted of (in millions):
We expect to recognize $1 million of net actuarial losses and $1 million of net actuarial gains in net periodic benefit cost in fiscal year 2015 related to our defined benefit pension plans and our post-retirement benefit plans, respectively. Funded Status. The funded status of the post-retirement benefit plans and defined benefit pension plans was as follows (in millions):
The obligations for our defined benefit pension plans were as follows (in millions): Plans with benefit obligations in excess of plan assets:
The fair value of pension plan assets at November 2, 2014 and November 3, 2013 included $26 million and $13 million, respectively, of assets for our non-U.S. pension plans. Contributions to our non-U.S. plans were $5 million for fiscal year 2014. The projected benefit obligations as of November 2, 2014 and November 3, 2013 included $89 million and $55 million, respectively, of obligations related to the our non-U.S. plans. The accumulated benefit obligations as of November 2, 2014 and November 3, 2013 included $82 million and $47 million, respectively, related to our non-U.S. plans. Plans with benefit obligations less than plan assets:
Amounts recognized in the consolidated balance sheets were as follows (in millions):
We currently expect to make contributions of $62 million to our defined benefit pension plans in fiscal year 2015. We do not expect to make any contributions to our post-retirement medical benefit plans in fiscal year 2015. As of November 2, 2014, expected payments from our benefit plans over the next 10 fiscal years are as follows (in millions):
Defined Benefit Plan Investment Policy. Plan assets of the funded defined benefit pension plans are invested in funds held by third-party fund managers or are deposited into government-managed accounts in which we have no active involvement in and no control over investment strategy, other than establishing broad investment guidelines and parameters. The plan assets held by third-parties consist primarily of equities, fixed income funds and commingled funds. The fund managers monitor the fund’s asset allocation within the guidelines established by our plan’s investment committee. In line with plan investment objectives and consultation with our management, our investment committee set an allocation benchmark among equity, bond and other assets based on the relative weighting of overall non-U.S. market indices. The overall investment objectives of the plan are 1) the acquisition of suitable assets of appropriate liquidity which will generate income and capital growth to meet current and future plan benefits, 2) to limit the risk of the assets failing to meet the long term liabilities of the plan, and 3) to minimize the long term costs of the plan by maximizing the return on the assets. Performance is regularly evaluated by the investment committee and is based on actual returns achieved by the fund manager relative to its benchmark. For the defined benefit pension plans assumed in connection with the LSI acquisition, the investment strategy for the U.S. plans is to allocate assets in a manner that seeks both to maximize the safety of promised benefits and to minimize the cost of funding those benefits. The Company directs the overall portfolio allocation and uses a third-party investment consultant that has discretion to structure portfolios and select the investment managers within those allocation parameters. Multiple investment managers are utilized, including both active and passive management approaches. The plan assets are diversified across different asset classes and investment styles, and those assets are periodically rebalanced toward asset allocation targets. The target asset allocation for U.S. plans reflects a risk/return profile that the Company believes is appropriate relative to the liability structure and return goals for the plans. The Company periodically reviews the allocation of plan assets relative to alternative allocation models to evaluate the need for adjustments based on forecasted liabilities and plan liquidity needs. The current target allocations for the U.S. management and represented pension plan assets are 40% in public equity securities, 52.5% in fixed-income securities, and 7.5% in real estate securities. The equity investment target allocation is equally divided between U.S. and non-U.S. securities. The fixed-income allocation is primarily directed toward long-term core bond investments, with smaller allocations to Treasury Inflation-Protected Securities and high-yield bonds. Our defined benefit pension plans' weighted-average asset allocations by category were:
Fair Value Measurement of Plan Assets. The following table presents the fair value of plan assets by major category using the same three-level hierarchy described in Note 2. "Summary of Significant Accounting Policies" (in millions):
_________________________________ (a) Cash equivalents primarily include short-term investment funds which consisted of short-term money market instruments that are valued based on quoted prices in active markets. (b) These U.S. equity securities and non-U.S. equity securities are valued based on quoted prices in active markets. (c) These amount consists of investments that are traded less frequently than Level 1 securities and are valued using inputs that include quoted prices for similar assets in active markets and inputs other than quoted prices that are observable for the asset, such as interest rates, yield curves, prepayment speeds, collateral performance, broker/dealer quotes and indices that are observable at commonly quoted intervals. (d) These amounts consist of investments in funds not registered with U.S. Securities and Exchange Commission, or SEC, with underlying investments primarily in publicly traded U.S. and non-U.S. equity securities, including securities with small and large market capitalization. The fair value was determined based on the net asset value per share of each investment at November 2, 2014. These funds are classified as Level 2 in the fair value hierarchy as the Company could redeem these investments with the sponsoring investment management organizations at November 2, 2014, and with at least monthly frequency on an ongoing basis. (e) These amounts consist of investments in funds not registered with the SEC with underlying investments primarily in Treasury Inflation-Protected Securities and high-yield bonds. The fair value was determined based on the net asset value per share of each investment at November 2, 2014. These funds are classified as Level 2 in the fair value hierarchy as the Company could redeem these investments with the sponsoring investment management organizations at November 2, 2014, and with at least monthly frequency on an ongoing basis.
Post-Retirement Benefit Plan Investment Policy. The Company’s overall investment strategy for the group life insurance plan is to allocate assets in a manner that seeks to both maximize the safety of promised benefits and minimize the cost of funding those benefits. The target asset allocation for plan assets reflects a risk/return profile that the Company believes is appropriate relative to the liability structure and return goals for the plan. The Company periodically reviews the allocation of plan assets relative to alternative allocation models to evaluate the need for adjustments based on forecasted liabilities and plan liquidity needs. The Company sets the overall portfolio allocation and uses an investment manager that directs the investment of funds consistent with that allocation. The investment manager invests the plan assets in index funds that it manages. The current target allocations for the plan assets are 40% in equity securities and 60% in fixed-income securities. The equity investment target allocation is equally divided between U.S. and non-U.S. equity securities. The plan assets were classified as Level 2 and the fair values by asset category were as follows:
Assumptions. The assumptions used to determine the benefit obligations and expense for our defined benefit and post-retirement benefit plans are presented in the table below. The expected long-term return on assets shown in the table below represents an estimate of long-term returns on investment portfolios primarily consisting of combinations of debt, equity and other investments, depending on plan. We consider long-term rates of return, which are weighted based on the asset classes (both historical and forecasted) in which we expect the pension and post-retirement funds to be invested. Discount rates reflect the current rate at which defined benefit and post-retirement benefit obligations could be settled based on the measurement dates of the plans, which in each case is our fiscal year end. The range of assumptions that are used for defined benefit pension plans reflects the different economic environments within various countries.
Changes in the assumed health care cost trend rates could have a significant effect on the amounts reported for the U.S. post-retirement medical benefit plans. A one percentage point change in the assumed healthcare cost trend rates for fiscal year 2014 would have the following effects:
A one percentage point increase or decrease in our healthcare cost trend rates would have increased or decreased the service and interest cost components of the net periodic benefit cost by an immaterial amount. |
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The entire disclosure for pension and other postretirement benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Borrowings | Borrowings Convertible Senior Notes On May 6, 2014, we completed our private placement of $1 billion of 2% Convertible Senior Notes due 2021, to two entities affiliated with Silver Lake Partners, or the Purchasers, the proceeds of which were used to fund the LSI acquisition. The Convertible Notes are the Company’s unsecured senior obligations. The Convertible Notes will mature on August 15, 2021, unless repurchased, redeemed or converted in accordance with their terms prior to such date. The Convertible Notes pay interest semi-annually at a rate of 2% per year, payable in arrears on May 1 and November 1 of each year, beginning on November 1, 2014, up to and on the maturity date. Subject to any limitations set forth in the Indenture dated as of May 6, 2014 between the Company and U.S. Bank National Association relating to the Convertible Notes, or the Indenture, the Convertible Notes will be convertible at any time until the close of business on the scheduled trading day immediately preceding the maturity date. Upon conversion, the Convertible Notes may be settled in the Company's ordinary shares, cash or a combination of cash and ordinary shares, at the Company’s option. The Convertible Notes were convertible at an initial conversion rate of 20.8160 ordinary shares per $1,000 principal amount of the Convertible Notes, which was equivalent to an initial conversion price of approximately $48.04 per ordinary share. The conversion rate is subject to adjustment under the terms of the Convertible Notes, including adjustments for quarterly cash dividends paid on the Company's ordinary shares to the extent they exceed $0.27 per share. Holders of the Convertible Notes have the right to require the Company to repurchase all or some of their Convertible Notes at 100% of their principal amount, plus any accrued and unpaid interest, upon the occurrence of a fundamental change, as defined in the Indenture. In addition, upon the occurrence of a make-whole fundamental change, as defined in the Indenture, the Company may be required to increase the conversion rate for the Convertible Notes converted in connection with such a make-whole fundamental change. Prior to May 6, 2019, the Company may not redeem the Convertible Notes. Beginning May 6, 2019, the Company may, at its option, redeem the Convertible Notes, in whole or in part if the closing sale price, as defined in the Indenture, of the ordinary shares for 20 or more trading days, as defined in the Indenture, in the period of 30 consecutive trading days ending on the trading day immediately prior to the date on which the Company provides notice of such redemption exceeds 150% of the applicable conversion price in effect on each such trading day, at a redemption price equal to 100% of the principal amount of Convertible Notes being redeemed, together with accrued and unpaid interest to, but not including, the redemption date, as defined in the Indenture. As a result of a quarterly dividends paid in excess of $0.27 per share on our ordinary shares after the date of issuance of the Convertible Notes, as of November 2, 2014, the conversion rate was adjusted to 20.8279 ordinary shares per $1,000 principal amount of the Convertible Notes, which is equivalent to a conversion price of approximately $48.01 per ordinary share. In accordance with the authoritative accounting guidance, we classified $85 million, representing a portion of the proceeds from the Convertible Notes, as ordinary shares within shareholders' equity. The $915 million carrying value of the long-term debt portion of the Convertible Notes as of May 6, 2014 was calculated as the present value of its contractual payment obligations using a discount rate of 3.32%. The $85 million difference between the principal amount of the Convertible Notes and the carrying value of the long-term debt, represents a debt discount on the issuance date. The debt discount is accreted as interest expense using the effective interest method through the contractual maturity date. During fiscal year 2014, the interest expense related to the Convertible Notes' coupon interest rate of 2% and the accretion of the debt discount was $10 million and $5 million, respectively. The following table presents the components of the carrying value of the Convertible Notes (in millions):
(1) The remaining debt discount as of November 2, 2014 will be accreted over a period of 6.8 years. As of November 2, 2014, the outstanding principal amount of the Convertible Notes was $1,000 million. The estimated fair value of the Convertible Notes as of November 2, 2014 was $871 million, which was determined based on inputs that are observable in the market under Level 2 of the fair value hierarchy. At November 2, 2014, we were in compliance with the covenants relating to the Convertible Notes. 2014 Term Loan and Revolving Credit Facility On May 6, 2014, Avago Technologies Finance Pte. Ltd., or AT Finance, and certain other subsidiaries of the Company entered into a credit agreement, referred to as the 2014 Credit Agreement. The 2014 Credit Agreement provides for a term loan facility of $4.6 billion, or the Term Loans, and a revolving credit facility, or the 2014 Revolving Credit Facility, which permits certain of our subsidiaries to borrow loan of up to $500 million for general corporate purposes, swingline loans of up to $75 million and for the issuance of letters of credit of up to $100 million, which, in the case of swingline loans and letters of credit reduce the available borrowing capacity under the 2014 Revolving Credit Facility on a dollar for dollar basis. The Term Loans have a term of seven years and the 2014 Revolving Credit Facility has a term of five years. The effective interest rate at November 2, 2014 for the Term Loans was 4.15%. As of November 2, 2014, $4.6 billion in Term Loans were outstanding. We had no borrowings outstanding under the 2014 Revolving Credit Facility. As of November 2, 2014, we were in compliance with the covenants described in the 2014 Credit Agreement. Loans under the 2014 Credit Agreement will bear interest at a rate per annum equal to, at our option: (i) the greatest of, (a) the rate of interest per annum publicly announced from time-to-time by Deutsche Bank AG New York Branch as its prime rate in effect at its principal office in New York City, (b) the Federal Funds Effective Rate (as defined in the 2014 Credit Agreement) in effect on the relevant day plus 1/2 of 1% per annum, (c) the Adjusted LIBO Rate (as defined in the 2014 Credit Agreement) on the relevant day for a deposit in dollars with a maturity of one month plus 1% per annum and (d), with respect to term loans, 1.75%; or (ii) the interest rate per annum equal to the greater of (a) (x) the LIBO Rate for the Interest Period (as defined in the 2014 Credit Agreement) multiplied by (y) the Statutory Reserve Rate (as defined in the 2014 Credit Agreement) and (b) with respect to term loans, 0.75% per annum. The 2014 Credit Agreement includes (i) financial covenants requiring AT Finance to, at any time the 2014 Revolving Credit Facility is drawn by more than 30%, maintain a maximum first lien leverage ratio; (ii) customary restrictive covenants (subject, in each case, to certain exceptions and amounts) that limit AT Finance and its subsidiaries’ ability to, among other things, incur indebtedness, create liens, merge or consolidate with and into other persons, make acquisitions and sell assets; (iii) customary events of default, upon the occurrence of which, after any applicable grace period, the lenders will have the ability to accelerate all outstanding loans thereunder and terminate the commitments; and (iv) customary representations and warranties. In addition, AT Finance has the ability, at any time, to increase the aggregate Term Loans and the revolving credit commitments under the 2014 Credit Agreement from $5.1 billion to $6.7 billion, subject to the condition that no default or event of default shall have occurred and be continuing and other terms and conditions set forth in the 2014 Credit Agreement, and the receipt of sufficient commitments for such increase from the lenders. The borrowers have agreed to pay the lenders a commitment fee at a rate per annum that varies based on total leverage ratio. The borrowers and certain other subsidiaries also entered into collateral and related agreements ancillary to the 2014 Credit Agreement. Unamortized debt issuance costs associated with our Term Loans and revolving credit facilities were $115 million at November 2, 2014 and are included in other current assets and other long-term assets on the consolidated balance sheets. For fiscal year 2014, amortization of debt issuance costs related to the Term Loans and 2014 Revolving Credit Facilities was $7 million and $2 million, respectively, and is reported as a component of interest expense in the consolidated statements of operations. 2013 Revolving Credit Facility On May 6, 2014, in connection with entering into the 2014 Credit Agreement, we terminated our previous $575 million senior unsecured revolving credit facility and the related credit agreement, or the 2013 Credit Facility. There were no outstanding loan borrowings under this facility at the time of termination. The remaining balance of debt issuance costs for the 2013 Credit Facility is being amortized as a component of interest expense over the term of our new 2014 Revolving Credit Facility. 2011 Revolving Credit Facility On October 28, 2013, in connection with entering into the 2013 Credit Facility, we terminated our previous $300 million senior unsecured credit facility and the related credit agreement, or the 2011 Credit Agreement. There were no outstanding loan borrowings under this facility at the time of termination. This termination resulted in a loss on extinguishment of debt of $1 million. The commitment fees related to the 2011 Credit Facility were recorded as a component of interest expense. Future Principal Payments of Debt At November 2, 2014, future principal payments for our outstanding term loan under the 2014 Credit Agreement and the Convertible Notes, including the current portion, are summarized as follows (in millions):
Interest Expense Interest expense was $110 million, $2 million and $1 million for fiscal years 2014, 2013 and 2012, respectively, and consisted primarily of (i) cash interest expense for the Convertible Notes and Term Loans under the 2014 Credit Agreement, (ii) commitment fees related to 2014 Revolving Credit Facility under the 2014 Credit Agreement and the 2011 Credit Agreement, (iii) amortization of debt issuance costs related to Term Loans under the 2014 Credit Agreement and 2014 Revolving Credit Facility and (iv) accretion of debt discount related to the Convertible Notes. |
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The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Shareholders' Equity
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Equity [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Shareholders' Equity | Shareholders’ Equity On October 30, 2013, we filed a shelf registration statement on Form S-3 with the SEC, through which we or selling securityholders may sell from time to time any combination of ordinary shares, debt securities, warrants, rights, purchase contracts and units, in one or more offerings. On August 21, 2014, we filed a shelf registration statement on Form S-3 with the SEC, through which selling securityholders may sell from time to time the Convertible Notes and our ordinary shares issuable upon conversion of the Convertible Notes, if any. Share Repurchase Program On April 10, 2013, the Board authorized the Company to repurchase up to 20 million of its ordinary shares, or the 2013 share repurchase program. This program replaced the expired 2012 share repurchase program. The 2013 share repurchase program expired on April 8, 2014. Share repurchases under the program were made in the open market. All repurchased shares were immediately retired. Under the 2013 share repurchase program, the Company repurchased 1.9 million shares for $71 million at a weighted average purchase price per share of $38.35 during fiscal year 2013. Under our 2013 share repurchase program, the Company repurchased 0.3 million shares for $12 million at a weighted-average purchase price per share of $43.50 during fiscal year 2014. At the Company's 2014 annual general meeting of shareholders on April 9, 2014, shareholders approved the Company's 2014 share purchase mandate pursuant to which the Company is authorized, upon the approval of the Board, to repurchase up to approximately 25 million of its ordinary shares in open market transactions or pursuant to equal access schemes, up to the date on which the Company's 2015 annual general meeting of shareholders is held or required by law to be held. As of the date of this Annual Report on Form 10-K, the Board had not approved any repurchases of the Company's ordinary shares pursuant to the 2014 share purchase mandate. No shares were repurchased during fiscal year 2014 under the 2014 share purchase mandate. Dividends During fiscal year 2014, aggregate cash dividends of $1.13 per share were declared and paid on the Company's outstanding ordinary shares, resulting in payments to our shareholders of $284 million. During fiscal year 2013, aggregate cash dividends of $0.80 per share were declared and paid on the Company's outstanding ordinary shares, resulting in payments to our shareholders of $198 million. During fiscal year 2012, aggregate cash dividends of $0.56 per share were declared and paid on the Company's outstanding ordinary shares, resulting in payments to our shareholders of $137 million. Equity Incentive Award Plans Effective December 1, 2005, we adopted two equity-based compensation plans, the Equity Incentive Plan for Executive Employees of Avago Technologies Limited and Subsidiaries, or the Executive Plan, and the Equity Incentive Plan for Senior Management Employees of Avago Technologies Limited and Subsidiaries, or the Senior Management Plan and, together with the Executive Plan, referred to as the Pre-IPO Equity Incentive Plans, which authorized the grant of options and share purchase rights covering up to 30 million ordinary shares. Since our IPO in August 2009, we are no longer permitted to make any further grants under the Pre-IPO Equity Incentive Plans. Options issued under the Executive Plan generally vest at a rate of 20% per year based on the passage of time, and the passage of time and attaining certain performance criteria, in each case subject to continued employment. Those options subject to vesting based on the passage of time may accelerate by one year upon certain terminations of employment. Options issued under the Senior Management Plan, generally vested at a rate of 20% per year based on the passage of time and continued employment. Options issued under the Pre-IPO Equity Incentive Plans generally expire ten years following the date of grant unless granted to a non-employee, in which case the awards generally expire five years following the date of grant. All options awarded under these plans were granted with an exercise price equal to the fair market value on the date of grant. In July 2009, our Board adopted, and our shareholders approved, the Avago Technologies Limited 2009 Equity Incentive Award Plan, or the 2009 Plan, to authorize the grant of options, share appreciation rights, restricted share units, dividend equivalents, performance awards, and other share-based awards. 20 million ordinary shares are initially reserved for issuance under the 2009 Plan, subject to annual increases starting in fiscal year 2012. The amount of the annual increase is equal to the least of (a) 6 million shares, (b) 3% of the ordinary shares outstanding on the last day of the immediately preceding fiscal year and (c) such smaller number of ordinary shares as determined by our Board. However, no more than 90 million ordinary shares may be issued upon the exercise of equity awards issued under the 2009 Plan. The 2009 Plan became effective on July 27, 2009. Options issued to employees under the 2009 Plan prior to March 2011 generally expire ten years following the date of grant. Since March 2011, options issued to employees under the 2009 Plan generally expire seven years after the date of grant. Options awarded to non-employees under this plan generally expire after five years. Options issued to employees under the 2009 Plan generally vest over a four year period from the date of grant and are granted with an exercise price equal to the fair market value on the date of grant. Any share options cancelled or forfeited under the Pre-IPO Equity Incentive Plans after July 27, 2009 become available for issuance under the 2009 Plan. We also grant restricted share units, or RSUs, as part of our equity compensation programs under the 2009 Plan. An RSU is an equity award that is granted with an exercise price equal to zero and which represents the right to receive one of our ordinary shares immediately upon vesting. RSU awards granted to employees are generally time-based and vest over four years. In connection with the LSI acquisition, we assumed the LSI 2003 Equity Incentive Plan, or the 2003 Plan, and outstanding unvested stock options and RSUs originally granted by LSI under the 2003 Plan that were held by continuing employees. At the time of the acquisition, these awards were converted to Avago stock options and RSUs, with adjustments made to the exercise price of stock options and the number of shares subject to stock options and RSU awards so that the intrinsic value of each award was approximately the same immediately before and immediately after the adjustment. These unvested stock options and RSUs will vest in accordance with their original terms, generally vesting in equal annual installments over a four-year period from the original grant date. Under the 2003 Plan, we may grant to former employees of LSI and other employees who were not employees of Avago at the time of the acquisition restricted stock awards, RSUs, stock options and stock appreciation rights with an exercise price that is no less than the fair market value of the stock on the date of grant. No participant may be granted stock options covering more than four million shares or more than an aggregate of one million shares of restricted stock and RSUs in any fiscal year. Equity awards granted under the 2003 Plan following the LSI acquisition are expected to be on similar terms and consistent with similar grants made pursuant to the 2009 Plan. In connection with the LSI acquisition, we assumed unvested stock options and RSUs originally granted by LSI. These unvested stock options and RSUs will vest and become exercisable in accordance with their original terms. These awards generally vest in equal annual installments over a four-year period and expire seven years after the date. A summary of option activity under our equity incentive award plans follows (in millions, except years and per share amounts):
The total intrinsic value of options exercised during fiscal years 2014, 2013 and 2012 was $204 million, $130 million and $62 million, respectively. The following table summarizes significant ranges of outstanding and exercisable option awards as of November 2, 2014 (in millions, except years and per share amounts):
A summary of RSU activity related to our equity incentive plans for fiscal year 2014 is as follows (in millions, except years and per share amounts):
RSU activity and the number of outstanding RSUs were not material for fiscal year 2012. Employee Share Purchase Plan The ESPP provides eligible employees with the opportunity to acquire an ownership interest in the Company through periodic payroll deductions, based on a six-month look-back period, at a price equal to the lesser of 85% of the fair market value of the ordinary shares at either the beginning or ending of the relevant offering period. The ESPP is structured as a qualified employee stock purchase plan under Section 423 of the Internal Revenue Code of 1986. However, the ESPP is not intended to be a qualified pension, profit sharing or stock bonus plan under Section 401(a) of the Internal Revenue Code of 1986 and is not subject to the provisions of the Employee Retirement Income Security Act of 1974. The ESPP will terminate on July 27, 2019 unless sooner terminated. On the first day of fiscal year 2012, the number of available shares under the ESPP increased by 2 million shares in accordance with the terms set forth in the ESPP. Employees purchased 0.2 million shares in each of fiscal years 2014, 2013 and 2012 for $8 million in fiscal year 2014 and $7 million in each of fiscal years 2013 and 2012. Share-Based Compensation Expense Share-based compensation expense consists of expense for time-based and market-based stock options and RSUs granted to both employees and non-employees as well as expense associated with the ESPP. We recognize compensation expense for time-based stock options based on the estimated grant date fair value method required under the authoritative guidance using Black-Scholes valuation model with a straight-line amortization method. Since the authoritative guidance requires share-based compensation expense to be based on awards that are ultimately expected to vest, estimated share-based compensation expense for such awards has been reduced for estimated forfeitures. Changes in the estimated forfeiture rates can have a significant effect on share-based compensation expense since the effect of adjusting the rate is recognized in the period the forfeiture estimate is changed. Certain stock options granted during fiscal years 2014 and 2013 included both service and market conditions. The fair value of these share price performance, or market-based, option awards was estimated on the date of grant using the Monte Carlo simulation technique. Assumptions utilized in the Monte Carlo simulation model follow the same methodology as our time-based option awards. Compensation expense for market-based option awards is amortized based upon a graded vesting method. We recognized $33 million and $5 million of expense related to market-based options in fiscal years 2014 and 2013, respectively. We recognize compensation expense for RSUs using the straight-line amortization method based on the fair value of RSUs on the date of grant. The fair value of RSUs is the closing market price of our ordinary shares on the date of grant, reduced by the present value of dividends expected to be paid on our common stock prior to vesting. We recorded $43 million, $12 million and $5 million of compensation expense related to RSUs for fiscal years 2014, 2013 and 2012, respectively. We recognize share-based compensation expense based on an estimate of the fair value of rights to purchase ordinary shares under the ESPP using the straight-line amortization method. We recognized $3 million of compensation expense related to the ESPP for each of fiscal years 2014, 2013 and 2012. Share-based compensation expense in fiscal year 2014 included $22 million related to assumed LSI stock options and RSUs. The following table summarizes total share-based compensation expense for fiscal years 2014, 2013 and 2012 (in millions):
The weighted-average assumptions for our time-based options, ESPP rights and market-based stock options granted during fiscal years 2014, 2013 and 2012 are as follows:
The dividend yields for fiscal years 2014, 2013 and 2012 were based on the historical and expected dividend payouts as of the respective option grant dates. For fiscal year 2014, expected volatility for time-based and market-based options was based on our own historical share price volatility or combining historical volatility of guideline publicly-traded companies and our own historical share price volatility over the period commensurate with the expected life of the awards and the implied volatility from our own traded ordinary shares with a term of 180 days measured at a specific date. For fiscal year 2013, expected volatility was based on the combination of historical volatility of guideline publicly-traded companies and our own historical share price volatility over the period commensurate with the expected life of the awards and the implied volatility from traded options in guideline publicly-traded companies and our own shares with a term of 720 days or greater measured over the last three months. For fiscal year 2012, expected volatility was based on the combination of historical volatility of our previous group of guideline publicly-traded companies over the period commensurate with the expected life of the options and the implied volatility of guideline publicly-traded companies from traded options with a term of 180 days or greater measured over the last three months. The risk-free interest rate is derived from the average U.S. Treasury Strips rate during the period, which approximates the rate in effect at the time of grant. Our computation of expected term was based on other data, such as the data of peer companies and company-specific attributes that we believe could affect employees’ exercise behavior. For fiscal year 2014, the expected term for time-based options was based on a weighted-average combining the average life of options that have already been exercised or cancelled with the expected life of all unexercised options. The expected life for unexercised options is calculated assuming that the options will be exercised at the midpoint of the vesting date (if unvested) or the valuation date (if vested) and the full contractual term. Our computations of expected term for time-based options prior to fiscal year 2014 were based on data, such as the data of peer companies and company-specific attributes, which we believe could affect employees’ exercise behavior. The expected life of market-based stock options valued using Monte Carlo simulation techniques is based upon the vesting dates forecasted by the simulation and then assuming that options which vest, and for which the market condition has been satisfied, are exercised at the midpoint between the forecasted vesting date and their expiration. Based on the above assumptions, and not including options assumed as a result of the LSI acquisition, the weighted-average fair values of the time based options granted under our equity incentive award plans for fiscal years 2014, 2013 and 2012 was $17.49, $12.77 and $14.28, respectively. The weighted-average fair value of time-based options assumed on May 6, 2014 from the LSI acquisition was $17.46 per share. The weighted-average fair values of the market-based options for fiscal years 2014 and 2013 was $22.89 and $14.02, respectively. No market-based options were granted in fiscal year 2012. The weighted-average fair values of the rights to purchase shares in the ESPP for fiscal years 2014, 2013 and 2012 were $16.31, $11.78 and $12.76 per ordinary share, respectively. Excluding RSUs assumed in the LSI acquisition, the weighted-average fair value of RSUs granted for fiscal years 2014, 2013 and 2012 was $65.15, $35.69 and $34.66, respectively. The weighted-average per share fair value of RSUs assumed on May 6, 2014 from the LSI acquisition was $35.22. 4 million, 2 million and 1 million RSUs were unvested as of November 2, 2014, November 3, 2013 and October 28, 2012, respectively. Based on our historical experience of pre-vesting option cancellations, we have assumed an annualized forfeiture rate for our options of 5%, 6%, and 8% for fiscal years 2014, 2013 and 2012, respectively. We have assumed an annualized forfeiture rate for RSUs of 2%, 5% and 8% for fiscal years 2014, 2013 and 2012, respectively. No forfeiture rates were assumed for ESPP purchase rights for fiscal years 2014, 2013 or 2012 because the forfeiture impact was not material for these periods. We will recognize additional expense if actual forfeitures are lower than we estimated, and will recognize a benefit if actual forfeitures are higher than we estimated. Total compensation cost of options granted but not yet vested as of November 2, 2014 was $252 million, which is expected to be recognized over the remaining weighted-average service period of three years. The total grant-date fair value of options vested during fiscal years 2014, 2013 and 2012 was $75 million, $53 million and $42 million, respectively. Total unrecognized compensation cost related to the ESPP as of November 2, 2014 was $1 million, which is expected to be recognized over the remaining four months of the current offering period under the ESPP. Total compensation cost related to unvested RSUs as of November 2, 2014 was $150 million, which is expected to be recognized over the remaining weighted-average service period of three years. The total grant-date fair value of RSUs vested during fiscal years 2014, 2013 and 2012 was $22 million, $4 million and $1 million, respectively. The income tax benefits for share-based compensation expense were $42 million, $25 million and $13 million for fiscal years 2014, 2013 and 2012, respectively. |
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The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Income Taxes
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Income Taxes | me Taxes Components of Income from Continuing Operations Before Income Taxes Since we are incorporated in Singapore, domestic income reflects the results of operations based in Singapore. For financial reporting purposes, Income from continuing operations before income taxes included the following components (in millions):
Components of Provision for Income Taxes We have obtained several tax incentives from the Singapore Economic Development Board, an agency of the Government of Singapore, which provide that certain classes of income we earn in Singapore are subject to tax holidays or reduced rates of Singapore income tax. Each such tax incentive is separate and distinct from the others, and may be granted, withheld, extended, modified, truncated, complied with or terminated independently without any effect on the other incentives. In order to retain these tax benefits in Singapore, we must meet certain operating conditions specific to each incentive relating to, among other things, maintenance of a treasury function, a corporate headquarters function, specified intellectual property activities and specified manufacturing activities in Singapore. Some of these operating conditions are subject to phase-in periods through 2015. The Singapore tax incentives are presently scheduled to expire at various dates generally between 2015 and 2025. Renewals and extensions of such tax incentives are at the discretion of the Singapore government, and we may not be able to extend these tax incentive arrangements after their expiration on similar terms or at all. We may elect not to seek to renew or extend certain tax incentive arrangements. In February 2010, the Malaysian government granted us a tax holiday on our qualifying Malaysian income, which is effective for 10 years beginning with our fiscal year 2009. The tax incentives that we have negotiated in Malaysia are also subject to our compliance with various operating and other conditions. For fiscal years 2014, 2013 and 2012, the effect of all these tax incentives, in the aggregate, was to reduce the overall provision for income taxes and increase net income by $99 million, $77 million and $81 million, respectively, and increase diluted net income per share by $0.37, $0.31, and $0.33, respectively. Significant components of the provision for income taxes are as follows (in millions):
The provision for income taxes in fiscal year 2014 increased from the prior fiscal year 2013 primarily due to a change in the jurisdictional mix of income. The provision for income taxes in fiscal year 2013 decreased from fiscal year 2012 primarily due to a benefit of $3 million from the enactment of the American Taxpayer Relief Act of 2012, which was signed into law on January 2, 2013, retroactively extending the U.S. Federal Research and Development tax credit from January 1, 2012 to December 31, 2013, and a benefit of $2 million from the recognition of previously unrecognized tax benefits as a result of the expiration of the statute of limitations for certain audit periods. Rate Reconciliation A reconciliation of the expected statutory tax rate to the actual, effective tax rate on income before income taxes is as follows:
Summary of Deferred Income Taxes Deferred income taxes reflect the net effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and their basis for income tax purposes and the tax effects of net operating losses and tax credit carryforwards. The significant components of deferred tax assets and deferred tax liabilities included on the consolidated balance sheets were as follows (in millions):
The above net deferred income tax assets have been reflected in the accompanying consolidated balance sheets as follows (in millions):
The increase in valuation allowance from $17 million in fiscal year 2013 to $120 million in fiscal year 2014 is primarily related to the acquisition of LSI. As of November 2, 2014, we had Singapore net operating loss carryforwards of $8 million, U.S. net operating loss carryforwards of $693 million, of which $15 million are related to excess tax deductions related to stock options, U.S. state net operating loss carryforwards of $1.26 billion, of which $52 million are related to excess tax deductions related to stock options, and other foreign net operating loss carryforwards of $4 million. The Singapore net operating losses have no limitation on utilization. U.S. federal and state net operating loss carryforwards, if not utilized, will begin to expire in fiscal years 2017 and 2016, respectively. The other foreign net operating losses expire in various fiscal years beginning 2018. As of November 2, 2014, we had $359 million and $39 million of U.S. federal and state research and development tax credits, respectively, which if not utilized, will begin to expire in fiscal year 2017. The U.S. Tax Reform Act of 1986 limits the use of net operating loss and tax credit carryforwards in the case of an “ownership change” of a corporation or separate return loss year limitations. Any ownership changes, as defined, may restrict utilization of carryforwards. As of November 2, 2014, we had approximately $678 million and $346 million of federal net operating loss and tax credit carryforwards, respectively, in the U.S. subject to an annual limitation and $15 million subject to separate return loss carryforward limitation. We do not expect these limitations to result in any permanent loss of our tax benefits. As of November 2, 2014, we had unrecognized deferred tax assets of approximately $7 million attributable to excess tax deductions related to stock options, the benefit of which will be credited to equity when realized. We consider all operating income of foreign subsidiaries not to be indefinitely reinvested outside Singapore. We have provided $7 million for foreign taxes that may result from future remittances of undistributed earnings of foreign subsidiaries, the cumulative amount of which is estimated to be $198 million and $106 million as of November 2, 2014 and November 3, 2013, respectively. Uncertain Tax Positions Gross unrecognized tax benefits increased by $450 million during fiscal year 2014, resulting in gross unrecognized tax benefits of $487 million as of November 2, 2014. The increase in gross unrecognized tax benefits is primarily a result of our acquisition of LSI. Uncertain tax positions assumed in connection with our acquisitions are initially estimated as of the acquisition date. We continue to reevaluate these items with any adjustments to our preliminary estimates being recognized as goodwill provided that we are within the measurement period and we continue to collect information in order to determine their estimated values. During fiscal year 2014, we recognized $14 million of previously unrecognized tax benefits as a result of the expiration of the statute of limitations for certain audit periods. We recognize interest and penalties related to unrecognized tax benefits within the provision for income taxes line in the accompanying consolidated statements of operations. We recognized approximately $4 million of expense related to interest and penalties in fiscal year 2014. Accrued interest and penalties are included within other long-term liabilities in the consolidated balance sheets. As of November 2, 2014 and November 3, 2013, the combined amount of cumulative accrued interest and penalties was approximately $23 million and $4 million, respectively. The increase in cumulative accrued interest and penalties is primarily a result of our acquisition of LSI. A reconciliation of the beginning and ending balance of gross unrecognized tax benefits is summarized as follows (in millions):
A portion of our unrecognized tax benefits will affect our effective tax rate if they are recognized upon favorable resolution of the uncertain tax positions. As of November 2, 2014, approximately $469 million of the unrecognized tax benefits including accrued interest and penalties would affect our effective tax rate. As of November 3, 2013, approximately $35 million of the unrecognized tax benefits including accrued interest and penalties would affect our effective tax rate. We are subject to Singapore income tax examination for fiscal years 2009 and later and in major jurisdictions outside Singapore for fiscal years 2008 and later. However, we are not under Singapore income tax examination at this time. We believe it is possible that we may recognize up to $10 million of our existing unrecognized tax benefits within the next 12 months as a result of lapses of statute of limitations for certain audit periods. |
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The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Segment Information
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Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Segment Information | Reportable Segments During the fourth quarter of fiscal year 2014, we changed our organizational structure resulting in four reportable segments: wireless communications, wired infrastructure, enterprise storage, and industrial & other. These segments align with our principal target markets. The segments represent components of the Company for which separate financial information is available that is utilized on a regular basis by the Chief Executive Officer, who has been identified as the Chief Operating Decision Maker, or CODM, as defined by authoritative guidance on segment reporting, in determining how to allocate resources and evaluate performance. The segments are determined based on several factors, including client base, homogeneity of products, technology, delivery channels and similar economic characteristics. Prior fiscal years’ amounts have been revised to conform to the current year’s presentation. Wireless Communications. We support the wireless communications industry with a broad variety of RF semiconductor devices that amplify, as well as selectively filter, RF signals. In addition to RF devices, we provide a variety of optoelectronic sensors for mobile handset applications. Wired Infrastructure. In the storage and Ethernet networking markets, we supply transceivers that receive and transmit information along optical fibers. We also supply optical laser and receiver components to the access, metro and long-haul telecommunication markets. For enterprise networking and server input/output, or I/O, applications, we supply high speed serializer/deserializer, or SerDes, products integrated into application specific integrated circuits, or ASICs. Enterprise Storage. This segment consists of LSI's storage products and PLX's PCIe, or Peripheral Component Interconnect Express, switches and bridges. LSI's storage products enable secure movement of digital data to and from host machines such as servers, personal computers and storage systems to the underlying storage devices such as hard disk drives, or HDDs, and solid state drives, or SSDs. We provide read channel-based system-on-a-chip, or SoCs, and preamplifiers to HDD OEMs. We also provide custom flash controllers to SSD OEMs, and SAS and RAID controller and adapter solutions to server and storage system OEMs. PLX's PCIe devices are interconnect semiconductors supporting the PCIe communication standards and are the primary interconnection mechanism inside computing systems. Industrial & Other. We provide a broad variety of products for the general industrial and automotive markets. We offer optical isolators, or optocouplers, which provide electrical insulation and signal isolation. For industrial motors and robotic motion control, we supply optical encoders, as well as integrated circuits, or ICs, for the controller and decoder functions. For electronic signs and signals, we supply LED assemblies that offer high brightness and stable light output over thousands of hours, enabling us to support traffic signals, large commercial signs and other displays. For industrial networking, we provide faster optical transceivers using plastic optical fiber that enable quick and interoperable networking and factory automation. Our CODM assesses the performance of each segment and allocates resources to those segments based on net revenue and income (loss) from operations and does not evaluate operating segments using discrete asset information. Income (loss) from operations by segment includes items that are directly attributable to each segment. Income (loss) from operations by segment also includes shared expenses such as global operations, including manufacturing support, logistics and quality control, which are allocated primarily based on headcount, expenses associated with our globally integrated support organizations, such as sales and corporate marketing functions, as well as finance, information technology, human resources, legal and related corporate infrastructure costs, along with certain benefit related expenses, which are allocated primarily based on a percentage of revenue, and facilities allocated based on square footage. Unallocated Expenses Unallocated expenses include amortization of intangible assets, share-based compensation expense, restructuring charges and acquisition-related costs, including charges related to inventory step-up to fair value, which are not used in evaluating the results of, or in allocating resources to, our segments. Acquisition-related costs include transaction costs and any costs directly related to the acquisition and integration of acquired businesses. Depreciation expense directly attributable to each reportable segment is included in income (loss) from operations for each segment. However, the CODM does not evaluate depreciation expense by operating segment and, therefore, it is not separately presented. The CODM also does not evaluate operating segments using discrete asset information. There was no inter-segment revenue. The accounting policies of the segments are the same as those described in the summary of significant accounting policies. The following tables present our net revenue and income (loss) from operations by reportable segment (in millions):
The following table presents net revenue and long-lived asset information based on geographic region (in millions). Net revenue is based on the geographic location of the distributors, original equipment manufacturers or contract manufacturers who purchased the Company’s products, which may differ from the geographic location of the end customers. Long-lived assets include property, plant and equipment and are based on the physical location of the assets.
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The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Related Party Transactions
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Related Party Transactions | Related Party Transactions 2% Convertible Senior Notes due 2021 On December 15, 2013, in connection with our agreement to acquire LSI, the Company entered into a Note Purchase Agreement with Silver Lake Partners IV, L.P, or SLP IV, and Deutsche Bank, A.G., Singapore Branch, as Lead Manager, or the Note Purchase Agreement, in connection with the private placement of the Convertible Notes. SLP IV is an investment fund affiliated with Silver Lake Partners, of which Kenneth Hao, one of our directors, is a Managing Partner and Managing Director. SLP IV's rights and obligations under the Note Purchase Agreement were thereafter assigned to and assumed by the Purchasers. We completed the private placement of the Convertible Notes on May 6, 2014, in connection with the acquisition of LSI. In connection with the issuance of the Convertible Notes, the Company and SLP IV also entered into a Registration Rights Agreement pursuant to which SLP IV has certain registration rights with respect to the Convertible Notes and the ordinary shares of the Company issuable upon conversion of the Convertible Notes. Silicon Manufacturing Partners Pte. Ltd. As a result of the acquisition of LSI, we acquired a 51% equity interest in SMP, a joint venture with GLOBALFOUNDRIES. We have a take-or-pay agreement with SMP under which we have agreed to purchase 51% of the managed wafer capacity from SMP’s integrated circuit manufacturing facility and GLOBALFOUNDRIES has agreed to purchase the remaining managed wafer capacity. SMP determines its managed wafer capacity each year based on forecasts provided by the Company and GLOBALFOUNDRIES. If we fail to purchase our required commitments, we will be required to pay SMP for the fixed costs associated with the unpurchased wafers. GLOBALFOUNDRIES is similarly obligated with respect to the wafers allotted to it. The agreement may be terminated by either party upon two years written notice. The agreement may also be terminated for material breach, bankruptcy or insolvency. During fiscal years 2014, 2013 and 2012, in the ordinary course of business, we purchased from, or sold to, several entities, for which one of our directors also serves or served as a director, including KLA-Tencor Corporation, Qlogic Corporation, Smart Modular Technologies, Smart Storage Systems, Dell Inc., eSilicon Corporation, Wistron Corporation, and Kulicke & Soffa Industries, Inc. (of which one of our directors is also the Chief Executive Officer). The following tables summarize the transactions with these parties, including SMP, for the indicated periods (for the portion of such period that they were considered related). Aggregate transactions and balances with our related parties were as follows (in millions):
_______________________________________ * Represents amounts less than $0.5 million. (1) Amounts include net revenue and accounts receivable balances for transactions with Wistron Corporation through the three fiscal quarters ended and as of August 4, 2013, after which Wistron Corporation ceased to be a related party. (2) Amounts include net revenue, cost and expenses for transactions with eSilicon Corporation through the two fiscal quarters ended May 5, 2013, after which eSilicon Corporation ceased to be a related party. (3) The Company purchased $30 million of inventory from SMP for fiscal year 2014. As of November 2, 2014, the amount payable to SMP was $8 million. |
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The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Commitments and Contingencies
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Commitments and Contingencies | Commitments and Contingencies Commitments The following table summarizes contractual obligations and commitments as of November 2, 2014 (in millions):
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Debt Principal, Interest and Fees. Represents principal, interest and commitment fees payable on borrowings and credit facilities under the 2014 Credit Agreement and principal and interest payable on the Convertible Notes. Purchase Commitments. Represents unconditional purchase obligations that include agreements to purchase goods or services, primarily inventory, that are enforceable and legally binding on us and that specify all significant terms, including fixed or minimum quantities to be purchased, fixed, minimum or variable price provisions and the approximate timing of the transaction. Purchase obligations exclude agreements that are cancelable without penalty. We also make capital expenditures from a variety of vendors in connection with the expansion of our Fort Collins, Colorado, internal fabrication facility. These purchases are typically conducted on a purchase order basis and the amount shown in the table includes $128 million in cancelable and non-cancelable outstanding purchase obligations under such purchase orders as of November 2, 2014. Under our take-or-pay agreement with SMP, we have agreed to purchase 51% of the managed wafer capacity from SMP’s IC manufacturing facility. If we fail to purchase our required commitments, we will be required to pay SMP for the fixed costs associated with the unpurchased wafers. Other Contractual Commitments. Represents amounts payable pursuant to agreements related to outsourced IT, human resources, financial infrastructure outsourcing services and other service agreements. Operating Lease Obligations. Represents real property and equipment leased from third parties under non-cancelable operating leases. Rent expense was $42 million, $12 million and $12 million for fiscal years 2014, 2013 and 2012, respectively. Pension Plan Contributions. Represents our planned minimum contributions to pension plans assumed by us in connection with the LSI acquisition. Standby Letters of Credit As of November 2, 2014 and November 3, 2013, we had outstanding obligations relating to standby letters of credit of $10 million and $4 million, respectively. Standby letters of credit are financial guarantees provided by third parties for leases, customs, taxes and certain self-insured risks. If the guarantees are called, we must reimburse the provider of the guarantees. The fair values of the letters of credit approximate the contract amounts. The standby letters of credit generally renew annually. Contingencies From time to time, we are involved in litigation that we believe is of the type common to companies engaged in our line of business, including commercial disputes, employment issues and disputes involving claims by third parties that our activities infringe their patent, copyright, trademark or other intellectual property rights. Legal proceedings are often complex, may require the expenditure of significant funds and other resources, and the outcome of litigation is inherently uncertain, with material adverse outcomes possible. Intellectual property claims generally involve the demand by a third-party that we cease the manufacture, use or sale of the allegedly infringing products, processes or technologies and/or pay substantial damages or royalties for past, present and future use of the allegedly infringing intellectual property. Claims that our products or processes infringe or misappropriate any third-party intellectual property rights (including claims arising through our contractual indemnification of our customers) often involve highly complex, technical issues, the outcome of which is inherently uncertain. Moreover, from time to time we pursue litigation to assert our intellectual property rights. Regardless of the merit or resolution of any such litigation, complex intellectual property litigation is generally costly and diverts the efforts and attention of our management and technical personnel. Lawsuits Relating to the Acquisition of PLX In June and July 2014, four lawsuits were filed in the Superior Court for the State of California, County of Santa Clara challenging our acquisition of PLX. On July 22, 2014, the court consolidated these California actions under the caption In re PLX Technology, Inc. S’holder Litig., Lead Case No. 1-14-CV-267079 (Cal. Super. Ct., Santa Clara) and appointed lead counsel. That same day, the court also stayed the consolidated action, pending resolution of related actions filed in the Delaware Court of Chancery, described below. Also in June and July 2014, five similar lawsuits were filed in the Delaware Court of Chancery. On July 21, 2014, the court consolidated these Delaware actions under the caption In re PLX Technology, Inc. Stockholders Litigation, Consol. C.A. No. 9880-VCL (Del. Ch.), appointed lead plaintiffs and lead counsel, and designated an operative complaint for the consolidated action. On July 31, 2014, counsel for lead plaintiffs in Delaware informed the court that they would not seek a preliminary injunction, but intend to seek damages and pursue monetary remedies through post-closing litigation. Our acquisition of PLX closed on August 12, 2014. On October 31, 2014, lead plaintiffs filed a consolidated amended complaint. This complaint alleges, among other things, that PLX’s directors breached their fiduciary duties to PLX’s stockholders by seeking to sell PLX for an inadequate price, pursuant to an unfair process, and by agreeing to preclusive deal protections in the merger agreement. Plaintiffs also allege that Potomac Capital Partners II, L.P., Deutsche Bank Securities, Avago Technologies Wireless (U.S.A.) Manufacturing, Inc. and the acquisition subsidiary aided and abetted the alleged fiduciary breaches. Plaintiffs also allege that PLX’s 14D-9 recommendation statement contained false and misleading statements and/or omitted material information necessary to inform the shareholder vote. The complaint seeks, among other things, monetary damages and attorneys’ fees and costs. On November 26, 2014, defendants filed motions to dismiss the complaint for failure to state a claim as a matter of law. The Delaware class litigation is on-going. Lawsuits Relating to the Acquisition of LSI Fifteen purported class action complaints have been filed by alleged former stockholders of LSI against us. Eight of those lawsuits were filed in the Delaware Court of Chancery, and the other seven lawsuits were filed in the Superior Court of the State of California, County of Santa Clara on behalf of the same putative class as the Delaware actions, or the California Actions. On January 17, 2014, the Delaware Court of Chancery entered an order consolidating the Delaware actions into a single action, or the Delaware Action. These actions generally alleged that we aided and abetted breaches of fiduciary duty by the members of LSI's board of directors in connection with the merger because the merger was not in the best interest of LSI, the merger consideration is unfair and certain other terms of the merger agreement were unfair. Among other remedies, the lawsuits sought to rescind the merger or obtain unspecified money damages, costs and attorneys' fees. On March 7, 2014, the parties to the Delaware Action reached an agreement in principle to settle the Delaware Action on a class wide basis, and negotiated a stipulation of settlement that was presented to the Delaware Court of Chancery on March 10, 2014. On March 12, 2014, the parties to the California Actions entered into a stipulation staying the California Actions pending resolution of the Delaware Action. On May 16, 2014, the plaintiffs in the Delaware Action filed a motion for final approval of the proposed settlement and award of attorneys’ fees and expenses with the Delaware Court of Chancery. On June 10, 2014, the Delaware court approved the settlement, including the payment of $2 million to counsel for the stockholders, entered final judgment and dismissed the case, or Order and Final Judgment. On July 10, 2014, a class member of the Delaware Action filed a notice of appeal from the Order and Final Judgment. We and our Board believe the appeal and underlying claims are entirely without merit and, in the event the settlement is overturned, we intend to vigorously defend these actions. Other Matters In addition to the matters discussed above, we are currently engaged in a number of legal actions in the ordinary course of our business. We do not believe, based on currently available facts and circumstances, that the final outcome of any pending legal proceedings, taken individually or as a whole, will have a material adverse effect on the our financial condition, results of operations or cash flows. However, lawsuits may involve complex questions of fact and law and may require the expenditure of significant funds and other resources to defend. The results of litigation are inherently uncertain, and material adverse outcomes are possible. From time to time, we may enter into confidential discussions regarding the potential settlement of such lawsuits. Any settlement of pending litigation could require us to incur substantial costs and other ongoing expenses, such as future royalty payments in the case of an intellectual property dispute. During the periods presented we have not recorded any accrual for loss contingencies associated with any legal proceedings, nor determined that an unfavorable outcome is probable. As a result, no amounts have been accrued or disclosed in the accompanying consolidated financial statements with respect to these legal proceedings, as potential losses for such matters are not considered probable and ranges of losses are not reasonably estimable. These matters are subject to many uncertainties and the ultimate outcomes are not predictable. There can be no assurances that the actual amounts required to satisfy any liabilities arising from the matters described above will not have a material adverse effect on our results of operations, financial position or cash flows. Warranty We accrue for the estimated costs of product warranties at the time revenue is recognized. Product warranty costs are estimated based upon our historical experience and specific identification of the products requirements, which may fluctuate based on product mix. Additionally, we accrue for warranty costs associated with occasional or unanticipated product quality issues if a loss is probable and can be reasonably estimated. Other Indemnifications As is customary in our industry and as provided for in local law in the United States and other jurisdictions, many of our standard contracts provide remedies to our customers and others with whom we enter into contracts, such as defense, settlement, or payment of judgment for intellectual property claims related to the use of our products. From time to time, we indemnify customers, as well as our suppliers, contractors, lessors, lessees, companies that purchase our businesses or assets and others with whom we enter into contracts, against combinations of loss, expense, or liability arising from various triggering events related to the sale and the use of our products, the use of their goods and services, the use of facilities and state of our owned facilities, the state of the assets and businesses that we sell and other matters covered by such contracts, usually up to a specified maximum amount. In addition, from time to time we also provide protection to these parties against claims related to undiscovered liabilities, additional product liability or environmental obligations. In our experience, claims made under such indemnifications are rare and the associated estimated fair value of the liability is not material. |
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The entire disclosure for commitments and contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Restructuring Charges
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Restructuring and Related Activities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Restructuring Charges | Restructuring Charges We have initiated a series of restructuring activities intended to realign our operations to improve overall efficiency and effectiveness. The following is a summary of restructuring expenses recognized during fiscal year 2014: •In April 2014, we began the implementation of planned cost reduction and restructuring activities, primarily in our enterprise storage segment, in connection with the acquisition of LSI. We recognized $14 million and $106 million of employee termination costs related to this plan in cost of products sold and operating expenses, respectively. In addition, we recognized lease and other exit costs of $2 million and $15 million in cost of products sold and operating expenses, respectively. •In January 2014, we decided to close a fabrication facility in Italy as a result of the integration of CyOptics. This closure was substantially completed in the fiscal quarter ended August 3, 2014. We recognized $5 million and $8 million of employee termination costs related to this plan in costs of products sold and operating expenses, respectively. In addition, we recognized $1 million and $2 million in cost of products sold and operating expenses, respectively, related to lease exit costs and asset impairment charges. •In August 2014, we recognized $4 million of employee termination costs in operating expenses in connection with the acquisition of PLX. •In addition, we incurred restructuring charges of $5 million in operating expenses primarily as a result of rationalizing research and development programs and continued alignment of our global manufacturing operations. The following table sets forth significant restructuring activities during fiscal years 2014, 2013 and 2012 (in millions):
_________________________________ (a) In connection with the sale of the Flash and Axxia Businesses, we recognized $10 million of employee termination costs, which are included in the table above and in loss from discontinued operations in the consolidated statements of operations. (b) Primarily includes losses and asset impairment charges related to restructured facilities. (c) The majority of the balance remaining for employee termination costs is expected to be paid by the third quarter of fiscal year 2015. The balance remaining for leases and other exit costs is expected to be paid during the remaining terms of the leases, which extend through fiscal year 2019. |
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The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Discontinued Operations
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Discontinued Operations | Discontinued Operations We continually evaluate our existing portfolio of businesses to maximize long-term shareholder value. Following our acquisition of LSI, on September 2, 2014, we sold the Flash Business to Seagate for $450 million. On November 18, 2014, we sold the Axxia Business to Intel for $650 million. We have presented the results of discontinued operations, including a gain on disposal, in loss from discontinued operations, net of income taxes in our consolidated statements of operations for fiscal year 2014. As of November 2, 2014, the assets of the Axxia Business were classified as assets held-for-sale on our consolidated balance sheet. As part of these transactions, we are providing transitional services to Seagate and Intel for a period of up to six months. The purpose of these services is to provide short-term assistance to the buyers in assuming the operations of the purchased businesses. We have determined that we do not have any material continuing involvement with the discontinued operations. The following table summarizes the selected financial information of the Flash and Axxia Businesses included in discontinued operations in our consolidated statements of operations for fiscal year 2014 (in millions):
During fiscal year 2014, we recognized $10 million of restructuring expense as we terminated employees and $10 million of share-based compensation expense related to discontinued operations. The gain on disposal of discontinued operations was calculated as the net sale price less the fair values of assets sold determined in the preliminary allocation of the recently completed LSI acquisition, adjusted for operating activity since May 6, 2014. Assets classified as held-for-sale as of November 2, 2014 related to discontinued operations were as follows (in millions):
The fair values were determined in the preliminary allocation of the LSI acquisition, adjusted for operating activity since May 6, 2014, and based on standard valuation techniques with inputs that are unobservable and significant to the overall fair value measurement. As such, assets held-for-sale were classified as Level 3 assets. |
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The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Subsequent Events
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Nov. 02, 2014
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Subsequent Events [Abstract] | |
Subsequent Events | Subsequent Events Sale of the Axxia Business On November 18, 2014, we sold the Axxia Business to Intel for $650 million. Cash Dividends Declared On December 8, 2014, the Board declared an interim cash dividend of $0.35 per ordinary share payable on December 31, 2014 to shareholders of record on December 19, 2014. |
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The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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Supplementary Financial Data - Quarterly Data (Unaudited)
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Supplementary Financial Data - Quarterly Data (Unaudited) | Supplementary Financial Data — Quarterly Data (Unaudited)
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The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Schedule II - Valuation and Qualifying Accounts
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Schedule II - Valuation and Qualifying Accounts | Schedule II — Valuation and Qualifying Accounts
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The entire disclosure for any allowance and reserve accounts (their beginning and ending balances, as well as a reconciliation by type of activity during the period). Alternatively, disclosure of the required information may be within the footnotes to the financial statements or a supplemental schedule to the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Summary of Significant Accounting Policies (Policies)
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Accounting Policies [Abstract] | |
Fair Value Measurement, Policy [Policy Text Block] | Fair value measurement. Fair value is defined as the price that would be received upon sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three level hierarchy is applied to prioritize the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under the guidance for fair value measurements are described below: Level 1 — Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Our Level 1 assets include cash equivalents, banker's acceptances, trading securities investments and investment funds (i.e., deferred compensation plan assets). We measure trading securities investments and investment funds at quoted market prices as they are traded in an active market with sufficient volume and frequency of transactions. Level 2 — Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. If the asset or liability has a specified contractual term, a Level 2 input must be observable for substantially the full term of the asset or liability. We consider our Convertible Notes to be Level 2 liabilities in the fair value hierarchy as the estimated fair value is measured based on the market prices observable for similar instruments. Level 3 — Level 3 inputs are unobservable inputs for the asset or liability in which there is little, if any, market activity for the asset or liability at the measurement date. Level 3 assets and liabilities include cost method investments, goodwill, amortizable intangible assets, and property, plant and equipment, which are measured at fair value using a discounted cash flow approach when they are impaired. Quantitative information for Level 3 assets and liabilities reviewed at each reporting period includes indicators of significant deterioration in the earnings performance, credit rating, asset quality, business prospects of the investee, and financial indicators of the investee's ability to continue as a going concern. |
Foreign currency remeasurement | Foreign currency remeasurement. We operate in a U.S. dollar functional currency environment. As such, foreign currency assets and liabilities are remeasured into U.S. dollars at current exchange rates except for non-monetary items such as inventory and property, plant and equipment, which are remeasured at historical exchange rates. The effects of foreign currency remeasurement were not material for any period presented. |
Use of estimates | Use of estimates. The preparation of financial statements in conformity with generally accepted accounting principles in the United States, or GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and such differences could affect the results of operations reported in future periods. |
Cash and cash equivalents | Cash and cash equivalents. We consider all highly liquid investment securities with original or remaining maturities of three months or less at the date of purchase to be cash equivalents. We determine the appropriate classification of our cash and cash equivalents at the time of purchase. Cash equivalents included $589 million and $659 million of time deposits as of November 2, 2014 and November 3, 2013, respectively. As of November 2, 2014, cash equivalents also included $393 million of money-market funds. For time deposits, carrying value approximates fair value due to the short-term nature of the instruments. The fair value of money-market funds as of November 2, 2014 and November 3, 2013 is determined using unadjusted prices in active, accessible markets for identical assets, as such they are classified as Level 1 assets, as defined within "Fair value measurement" in this note below |
Trade accounts receivable, net | Trade accounts receivable, net. Trade accounts receivable are recorded at the invoiced amount and do not bear interest. Accounts receivable are reduced by an allowance for doubtful accounts, which is our best estimate of the amount of probable credit losses in our existing accounts receivable. We determine the allowance based on customer-specific experience and the aging of such receivables, among other factors. These allowances were $2 million and $1 million as of November 2, 2014 and November 3, 2013, respectively. Accounts receivable are also recorded net of sales returns and distributor allowances. These amounts are recorded when it is both probable and estimable that discounts will be granted or products will be returned. |
Concentrations of credit risk and significant customers | Concentrations of credit risk and significant customers. Our cash, cash equivalents and accounts receivable are potentially subject to concentration of credit risk. Cash and cash equivalents may be redeemable upon demand and are maintained with several financial institutions that management believes are of high credit quality and therefore bear minimal credit risk. We seek to mitigate our credit risks by spreading such risks across multiple counterparties and monitoring the risk profile of these counterparties. Our accounts receivable are derived from revenue earned from customers located both within and outside the U.S. We mitigate collection risks from our customers by performing regular credit evaluations of our customers’ financial conditions, and require collateral, such as letters of credit and bank guarantees, in certain circumstances. We sell our products through our direct sales force, distributors and manufacturers representatives. One direct customer accounted for 30% and 26% of our net accounts receivable balance at November 2, 2014 and November 3, 2013, respectively. One direct customer represented 20%, 18% and 17% of our net revenue in fiscal years 2014, 2013 and 2012, respectively. The majority of the revenue from this customer was included in our wireless communications segment. |
Concentrations of other risks | Concentration of other risks. The semiconductor industry is characterized by rapid technological change, competitive pricing pressures and cyclical market patterns. Our financial results are affected by a wide variety of factors, including general economic conditions worldwide, economic conditions specific to the semiconductor industry, timely implementation of new manufacturing technologies, ability to safeguard patents and other intellectual property in a rapidly evolving market and reliance on assembly and test subcontractors, third-party wafer fabricators and independent distributors. In addition, the semiconductor market has historically been cyclical and subject to significant economic downturns at various times. We are exposed to the risk of obsolescence of our inventory depending on the mix of future business. |
Inventory | Inventory. We value our inventory at the lower of the actual cost of the inventory or the current estimated market value of the inventory, with cost being determined under the first-in, first-out method. We record a provision for excess and obsolete inventory based primarily on our forecast of product demand and production requirements. The excess balance determined by this analysis becomes the basis for our excess inventory charge and the written-down value of the inventory becomes its cost. Written-down inventory is not written up if market conditions improve. |
Investments | Investments. We determine the appropriate classification of our investments at the time of acquisition and re-evaluate such determination at each balance sheet date. We classify our investments as current or non-current based on the intent of management, the nature of the investments and whether they are readily available for use in current operations. Our minority investments in privately-held companies are accounted for using the cost method and evaluated for impairment quarterly. Such analysis requires significant judgment to identify events or circumstances that would likely have a significant other-than-temporary adverse effect on the carrying value of the investment. At the time of purchase, we classify investments in marketable equity or debt securities, including warrants to acquire such securities, as held by us, as available-for-sale securities or trading securities. These investments are recorded in the consolidated balance sheets at fair value. Unrealized gains and losses on available-for-sale securities are included as a separate component of accumulated other comprehensive income (loss). Unrealized gains and losses on trading securities are included in current operating results in other income, net. Pre-tax realized gains and losses on marketable equity or debt securities sold are determined based on the specific identification method and are included in current operating results in other income, net. |
Retirement Benefits | Retirement benefits. Post-retirement assets and liabilities are estimates of benefits that we expect to pay to eligible retirees. We consider various factors in determining the value of our post-retirement net assets, including the number of employees that we expect to receive benefits and other actuarial assumptions. For defined benefit pension plans, we consider various factors in determining our respective pension liabilities and net periodic benefit costs, including the number of employees that we expect to receive benefits, their salary levels and years of service, the expected return on plan assets, the discount rate, the timing of the payment of benefits, and other actuarial assumptions. If the actual results and events of the pension plans differ from our current assumptions, the benefit obligations may be over- or under-valued. The key benefit plan assumptions are the discount rate and the expected rate of return on plan assets. The assumptions discussed below are for the U.S. retirement benefit plans. For the non-U.S. plans, we chose assumptions specific to each country. The U.S. discount rates were based on the results of matching expected plan benefit payments with cash flows from a hypothetical yield curve constructed with high quality corporate bond yields. We base the salary increase assumptions on historical experience and future expectations. In developing the expected rate of return, we consider long-term compound annualized returns based on historical market data, historical and expected returns on the various categories of plan assets, and the target investment portfolio allocation among debt, equity securities and other investments. |
Derivative instruments | Derivative instruments. We are subject to foreign currency risks for transactions denominated in foreign currencies, primarily Singapore Dollar, Malaysian Ringgit, Euro and Japanese Yen. Therefore, we enter into foreign exchange forward contracts to manage financial exposures resulting from the changes in the exchange rates of these foreign currencies. These contracts are designated at inception as hedges of the related foreign currency exposures, which include committed and forecasted revenue and expense transactions that are denominated in currencies other than the functional currency of the subsidiary which has the exposure. We exclude time value from the measurement of effectiveness. To achieve hedge accounting, contracts must reduce the foreign currency exchange rate risk otherwise inherent in the amount and duration of the hedged exposures and comply with established risk management policies; our hedging contracts generally mature within three months. We do not use derivative financial instruments for speculative or trading purposes. We designate our forward contracts as either cash flow or fair value hedges. All derivatives are recognized on the consolidated balance sheets at their fair values. For derivative instruments that are designated and qualify as fair value hedges, changes in value of the instruments are recognized in income in the current period. Such hedges are recorded in net income and are offset by the changes in fair value of the underlying assets or liabilities being hedged. For derivative instruments that are designated and qualify as cash flow hedges, changes in the value of the effective portion of the derivative instrument are recognized in accumulated other comprehensive income (loss), a component of shareholders’ equity. These amounts are then reclassified and recognized in net income when either the forecasted transaction occurs or it becomes probable the forecasted transaction will not occur. Changes in the fair value of the ineffective portion of derivative instruments are recognized in net income in the current period, which have not been significant to date. The impact of derivative instruments is immaterial to our consolidated financial statements for all periods presented. |
Property, plant and equipment | Property, plant and equipment. Property, plant and equipment are stated at cost less accumulated depreciation and amortization. Additions, improvements and major renewals are capitalized, and maintenance, repairs and minor renewals are expensed as incurred. Assets are held in construction in progress until placed in service, upon which date, we begin to depreciate these assets. When assets are retired or disposed of, the assets and related accumulated depreciation and amortization are removed from our property, plant and equipment balances and the resulting gain or loss is reflected in the consolidated statements of operations. Buildings and leasehold improvements are generally depreciated over 15 to 40 years, or over the lease period, whichever is shorter, and machinery and equipment are generally depreciated over three to ten years. We use the straight-line method of depreciation for all property, plant and equipment. |
Business combinations | Business combinations. We account for business combinations under the acquisition method of accounting, which requires us to recognize separately from goodwill the assets acquired and the liabilities assumed at their acquisition date fair values. While we use our best estimates and assumptions to accurately value assets acquired and liabilities assumed at the acquisition date as well as contingent consideration, where applicable, our estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one year from the acquisition date, we record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to our consolidated statements of operations. Accounting for business combinations requires our management to make significant estimates and assumptions, especially at the acquisition date including our estimates for intangible assets, contractual obligations assumed, restructuring liabilities, pre-acquisition contingencies, and contingent consideration, where applicable. Although we believe the assumptions and estimates we have made in the past have been reasonable and appropriate, they are based in part on historical experience and information obtained from the management of the acquired companies and are inherently uncertain. Critical estimates in valuing certain of the intangible assets we have acquired include future expected cash flows from product sales, customer contracts and acquired technologies, expected costs to develop in-process research and development into commercially viable products and estimated cash flows from the projects when completed and discount rates. Unanticipated events and circumstances may occur that may affect the accuracy or validity of such assumptions, estimates or actual results. |
Goodwill and purchased intangible assets | Goodwill and purchased intangible assets. Goodwill represents the excess of purchase price and related costs over the value assigned to the net tangible and identifiable intangible assets of businesses acquired. Goodwill is not amortized but is reviewed annually (or more frequently if impairment indicators arise) for impairment. Purchased finite-lived intangible assets are carried at cost less accumulated amortization. Amortization is recognized over the periods during which the intangible assets are expected to contribute to our cash flows. Purchased in-process research and development, or IPR&D, projects are capitalized at fair value as an indefinite lived intangible asset and assessed for impairment thereafter. Upon completion of each underlying project, IPR&D assets are reclassified as an amortizable purchased intangible asset and amortized over their estimated useful lives. If an IPR&D project is abandoned, we recognize the value of the related intangible asset in our consolidated statements of operations in the period it is abandoned. |
Long-Lived Assets | Long-lived assets. On a quarterly basis, we monitor factors and changes in circumstances that could indicate carrying amounts of long-lived assets, including goodwill, intangible assets, and property, plant and equipment, may not be recoverable. Factors we consider important which could trigger an impairment review include (i) significant under-performance relative to historical or projected future operating results, (ii) significant changes in the manner of our use of the acquired assets or the strategy for our overall business, and (iii) significant negative industry or economic trends. An impairment loss must be measured if the sum of the expected future cash flows (undiscounted and before interest) from the use and eventual disposition of the asset (or asset group) is less than the net book value of the asset (or asset group). The amount of the impairment loss will generally be measured as the difference between the net book value of the asset (or asset group) and the estimated fair value. We perform an annual impairment review of goodwill and intangibles including IPR&D during the fourth quarter of each fiscal year, or more frequently if we believe indicators of impairment exist. No impairment of long-lived assets resulted from our fourth quarter fiscal year 2014 evaluation of long-lived assets for impairment, or for any of the periods presented. Additionally, on a quarterly basis, we assess whether there have been triggers that would require us to evaluate the reasonableness of the remaining estimated useful lives of intangible assets and property, plant & equipment. No such triggers were identified during fiscal year 2014. |
Warranty | Warranty. We accrue for the estimated costs of product warranties at the time revenue is recognized. Product warranty costs are estimated based upon our historical experience and specific identification of the products requirements, which may fluctuate based on product mix. Additionally, we accrue for warranty costs associated with occasional or unanticipated product quality issues if a loss is probable and can be reasonably estimated. |
Revenue recognition | Revenue recognition. We recognize revenue related to sales of our products, net of trade discounts and allowances, provided that (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred and title and risk of loss have transferred, (iii) the price is fixed or determinable and (iv) collectibility is reasonably assured. We consider the price to be determinable when the price is not subject to refund or adjustments or when any such adjustments can be estimated. We evaluate the creditworthiness of our customers to determine that appropriate credit limits are established prior to the acceptance of an order. Revenue, including sales to resellers and distributors, is reduced for estimated returns and distributor allowances. We recognize revenue from sales of our products to distributors upon delivery of products to the distributors. An allowance for distributor credits covering price adjustments and scrap allowances is made based on our estimate of historical experience rates as well as considering economic conditions and contractual terms. To date, actual distributor claim activity has been materially consistent with the provisions we have made based on our historical estimates. We enter into development agreements with some of our customers and recognize revenue from these agreements upon completion and acceptance by the customer of contract deliverables or as services are provided, depending on the terms of the arrangement. Revenue is deferred for any amounts billed or received prior to completion or delivery of services. As we retain the intellectual property generated from these development agreements, costs related to these arrangements are included in research and development expense. |
Revenue Recognition, Services, Licensing Fees [Policy Text Block] | We recognize revenue from the sales and licensing of our intellectual property when the following fundamental criteria are met: (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred, (iii) the sales price is fixed or determinable, and (iv) collection of resulting receivables is reasonably assured. Revenue from upfront payments for the licensing of our patents is recognized when the arrangement is mutually signed, if there is no future delivery or future performance obligation and all other criteria are met. Revenue from guaranteed royalty streams are recognized when paid, or collection is reasonably assured and all other criteria are met. When patent licensing arrangements include royalties for future sales of the licensees’ products using our licensed patented technology, revenue is recognized when the royalty report is received from the licensee, at which time the sales price is determinable, provided that all other criteria have been met. |
Research and development | Research and development. Research and development expense consists primarily of personnel costs for our engineers and third parties engaged in the design and development of our products, software and technologies, including salary, bonus and share-based compensation expense, project material costs, services and depreciation. Such costs are charged to research and development expense as they are incurred. |
Government grants | Government grants. Investment incentives related to government grants are recognized when a legal right to the grant exists, there is reasonable assurance that both the terms and conditions associated with the grant will be fulfilled and the grant proceeds will be received. For government grants related to capital expenditures, the amount of the grant is deferred, and amortized over the useful life of the asset and is reflected in the consolidated statements of cash flows as a financing activity. All other government grants are recognized as a reduction of the qualifying cost being reimbursed and are reflected in the consolidated statements of cash flows as an operating activity. |
Share-based compensation expense | Share-based compensation expense. Share-based compensation expense is measured at the grant date, based on the estimated fair values of the awards, net of estimated forfeitures. We use the Black-Scholes option pricing model to determine the estimated fair value for time-based options and employee share purchase plan rights and amortize the share-based compensation expense under the straight-line amortization method over the vesting period. We use the Monte Carlo simulation method to determine the estimated fair value for share price performance, or market-based, stock options and amortize the share-based compensation expense under the graded vesting method over the service period. We recognize a benefit from share-based compensation in shareholders' equity if an incremental tax benefit is realized by following the ordering provisions of the tax law. |
Shipping and handling costs | Shipping and handling costs. Our shipping and handling costs charged to customers are included in net revenue and the associated expense is included in cost of products sold in the consolidated statements of operations for all periods presented. |
Advertising | Advertising. Advertising costs are expensed as incurred and included within selling, general and administrative expense. |
Litigation and settlement cost | Litigation and settlement cost. We are involved in legal actions and other matters arising in our recent business acquisitions and in the normal course of business. We recognize an estimated loss contingency when the outcome is probable or reasonably possible prior to issuance of the consolidated financial statements and we are able to reasonably estimate the amount or range of any possible loss. |
Taxes on income | Taxes on income. We account for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the consolidated financial statements. Under this method, deferred tax assets and liabilities are determined based on the differences between the consolidated financial statements and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. We recognize net deferred tax assets to the extent we believe these assets will more likely than not be realized. In making such determination, we consider all available positive and negative evidence, including scheduled reversals of deferred tax liabilities, projected future taxable income, tax planning strategies and recent financial operations. If we determine that we are able to realize our deferred income tax assets in the future in excess of their net carrying values, we adjust the valuation allowance and reduce the provision for income taxes. Likewise, if we determine that we are not be able to realize all or part of our net deferred tax assets, we increase the provision for income taxes in the period such determination is made. |
Uncertainty for income taxes | We account for uncertainty in income taxes in accordance with accounting guidance on income taxes. The guidance provides that a tax benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. |
Net income per share | Net income per share. Basic net income per share is computed using the weighted-average number of ordinary shares outstanding during the period. Diluted net income per share is computed using the weighted-average number of ordinary shares and potentially dilutive share equivalents outstanding during the period. Diluted shares outstanding include the dilutive effect of in-the-money options (including market-based share options), restricted share units, or RSUs, employee share purchase rights under the Avago Technologies Limited Employee Share Purchase Plan, or ESPP, (collectively, equity awards) and the 2% Convertible Senior Notes due 2021 issued by Avago Technologies Limited, or the Convertible Notes. The dilutive effect of equity awards is calculated based on the average share price for each fiscal period, using the treasury stock method. Under the treasury stock method, the amount the employee must pay for exercising share options and to purchase shares under the ESPP, the amount of compensation cost for future service that we have not yet recognized, and the amount of tax benefits that would be recognized as ordinary shares when equity awards become deductible for income tax purposes are collectively assumed to be used to repurchase ordinary shares. The dilutive effect of the Convertible Notes is calculated using the treasury stock method. For the purpose of calculating the dilutive effect, we assume that the Convertible Notes will be settled in cash, which warrants use of the treasury stock method. In making this assumption, we considered our existing cash balance, future cash flows from operations and our ability to borrow and repay our existing term loans. The treasury stock method assumes that the carrying value of the Convertible Notes represents proceeds, since settlement of the Convertible Notes tendered for conversion may be settled with cash, ordinary shares or a combination of both at our option. The resulting incremental ordinary shares attributable to the assumed conversion of the Convertible Notes are a component of diluted shares. |
Recently Adopted Accounting Guidance | Recently Adopted Accounting Guidance In fiscal year 2014, we adopted guidance on the presentation of reporting reclassifications out of accumulated other comprehensive income (loss). This guidance seeks to improve the reporting of such reclassifications by requiring an entity to report the effect of significant reclassifications out of accumulated other comprehensive income (loss) on the respective line items in net income if the amount being reclassified is required under GAAP to be reclassified in its entirety to net income. For other amounts that are not required under GAAP to be reclassified in their entirety to net income in the same reporting period, an entity is required to cross-reference other disclosures required under GAAP that provide additional detail about those amounts. This guidance supersedes the presentation requirements for reclassifications out of accumulated other comprehensive income (loss) in previously issued guidance. The adoption of this guidance affected the presentation of comprehensive income, but did not have any impact on our financial condition or results of operations. Recent Accounting Guidance Not Yet Adopted In November 2014, the Financial Accounting Standards Board, or FASB, issued authoritative guidance that provides guidance on whether and at what threshold an acquired business or not-for-profit organization can apply pushdown accounting. This guidance provides an option to apply pushdown accounting in the separate financial statements of an acquired entity upon the occurrence of an event in which an acquirer obtains control of the acquired entity. The guidance is effective on November 18, 2014. After the effective date, an acquired entity can make an election to apply the guidance to future change-in-control events or to its most recent change-in-control event. However, if the financial statements for the period in which the most recent change-in-control event occurred already have been issued or made available to be issued, the application of this guidance would be a change in accounting principle. The adoption of this guidance is not expected to have any significant impact on our consolidated financial statements. In June 2014, the FASB issued authoritative guidance that resolves the diverse accounting treatment for share-based payment awards that require a specific performance target to be achieved in order for employees to become eligible to vest in the awards. The guidance applies to entities that grant their employees share-based awards that include a performance target that could be achieved after the requisite service period. The guidance explicitly requires that a performance target of this nature be treated as a performance condition and should not be reflected in estimating the grant-date fair value of the award. This guidance will be effective for the first quarter of our fiscal year 2016. We are currently evaluating the impact that this guidance will have on our financial condition and results of operations. In May 2014, the FASB issued authoritative guidance that outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance. The guidance is effective for the first quarter of our fiscal year 2018. Early adoption is not permitted. We are currently evaluating the impact of this guidance on our consolidated financial statements. In April 2014, the FASB issued authoritative guidance that raises the threshold for a disposal transaction to qualify as a discontinued operation and requires additional disclosures about discontinued operations and disposals of individually significant components that do not qualify as discontinued operations. This guidance will be effective prospectively for the first quarter of our fiscal year 2016, which will only affect any dispositions we may make after the effective date. In July 2013, the FASB issued an amendment to the accounting guidance related to the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss or a tax credit carryforward exists. The guidance requires an unrecognized tax benefit to be presented as a decrease in a deferred tax asset where a net operating loss, a similar tax loss or a tax credit carryforward exists and certain criteria are met. This guidance will be effective for the first quarter of our fiscal year 2015. The adoption of this guidance will affect the presentation of our unrecognized tax benefits but will not impact our financial condition or results of operations. |
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Concentrations of other risks. No definition available.
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Government Grants, Policy [Policy Text Block] No definition available.
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Litigation And Settlement Cost No definition available.
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Disclosure of accounting policy for advertising costs that are expensed, indicating whether such costs are expensed as incurred or the first period in which the advertising takes place. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for completed business combinations (purchase method, acquisition method or combination of entities under common control). This accounting policy may include a general discussion of the purchase method or acquisition method of accounting (including for example, the treatment accorded contingent consideration, the identification of assets and liabilities, the purchase price allocation process, how the fair values of acquired assets and liabilities are determined) and the entity's specific application thereof. An entity that acquires another entity in a leveraged buyout transaction generally discloses the accounting policy followed by the acquiring entity in determining the basis used to value its interest in the acquired entity, and the rationale for that accounting policy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for credit risk. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for its derivative instruments and hedging activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for fair value measurements of financial and non-financial assets, liabilities and instruments classified in shareholders' equity. Disclosures include, but are not limited to, how an entity that manages a group of financial assets and liabilities on the basis of its net exposure measures the fair value of those assets and liabilities. No definition available.
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Disclosure of accounting policy for (1) transactions denominated in a currency other than the reporting enterprise's functional currency, (2) translating foreign currency financial statements that are incorporated into the financial statements of the reporting enterprise by consolidation, combination, or the equity method of accounting, and (3) remeasurement of the financial statements of a foreign reporting enterprise in a hyperinflationary economy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for goodwill and intangible assets. This accounting policy also may address how an entity assesses and measures impairment of goodwill and intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for recognizing and measuring the impairment of long-lived assets. An entity also may disclose its accounting policy for long-lived assets to be sold. This policy excludes goodwill and intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for tax positions taken in the Company's tax return filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of contingencies related to income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for major classes of inventories, bases of stating inventories (for example, lower of cost or market), methods by which amounts are added and removed from inventory classes (for example, FIFO, LIFO, or average cost), loss recognition on impairment of inventories, and situations in which inventories are stated above cost. If inventory is carried at cost, this disclosure includes the nature of the cost elements included in inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for investments in financial assets, including marketable securities (debt and equity securities with readily determinable fair values), investments accounted for under the equity method and cost method, securities borrowed and loaned, and repurchase and resale agreements. For marketable securities, the disclosure may include the entity's accounting treatment for transfers between investment categories and how the fair values for such securities are determined. Also, for all investments, an entity may describe its policy for assessing, recognizing and measuring impairment of the investment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact. No definition available.
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Disclosure of accounting policy for pension and other postretirement benefit plans. This accounting policy may address (1) the types of plans sponsored by the entity, and the benefits provided by each plan (2) groups that participate in (or are covered by) each plan (3) how plan assets, liabilities and expenses are measured, including the use of any actuaries and (4) significant assumptions used by the entity to value plan assets and liabilities and how such assumptions are derived. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, basis of assets, depreciation and depletion methods used, including composite deprecation, estimated useful lives, capitalization policy, accounting treatment for costs incurred for repairs and maintenance, capitalized interest and the method it is calculated, disposals and impairments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for costs it has incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for revenue recognition for licensing fees, which is consideration paid to the entity (licensor) by another party for the right to use, but not own, certain of the entity's intangible assets. Licensing arrangements include, but are not limited to, rights to use a patent, copyright, technology, manufacturing process, or trademark. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for the classification of shipping and handling costs, including whether the costs are included in cost of sales or included in other income statement accounts. If shipping and handling fees are significant and are not included in cost of sales, disclosure includes both the amounts of such costs and the line item on the income statement which includes such costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for standard warranties including the methodology for measuring the liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for trade and other accounts receivables. This disclosure may include the basis at which such receivables are carried in the entity's statements of financial position (for example, net realizable value), how the entity determines the level of its allowance for doubtful accounts, when impairments, charge-offs or recoveries are recognized, and the entity's income recognition policies for such receivables, including its treatment of related fees and costs, its treatment of premiums, discounts or unearned income, when accrual of interest is discontinued, how the entity records payments received on nonaccrual receivables and its policy for resuming accrual of interest on such receivables. If the enterprise holds a large number of similar loans, disclosure may include the accounting policy for the anticipation of prepayments and significant assumptions underlying prepayment estimates for amortization of premiums, discounts, and nonrefundable fees and costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Segment Information Segment Information (Policies)
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12 Months Ended |
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Nov. 02, 2014
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Segment Reporting [Abstract] | |
Segment Reporting | Reportable Segments During the fourth quarter of fiscal year 2014, we changed our organizational structure resulting in four reportable segments: wireless communications, wired infrastructure, enterprise storage, and industrial & other. These segments align with our principal target markets. The segments represent components of the Company for which separate financial information is available that is utilized on a regular basis by the Chief Executive Officer, who has been identified as the Chief Operating Decision Maker, or CODM, as defined by authoritative guidance on segment reporting, in determining how to allocate resources and evaluate performance. The segments are determined based on several factors, including client base, homogeneity of products, technology, delivery channels and similar economic characteristics. Prior fiscal years’ amounts have been revised to conform to the current year’s presentation. Wireless Communications. We support the wireless communications industry with a broad variety of RF semiconductor devices that amplify, as well as selectively filter, RF signals. In addition to RF devices, we provide a variety of optoelectronic sensors for mobile handset applications. Wired Infrastructure. In the storage and Ethernet networking markets, we supply transceivers that receive and transmit information along optical fibers. We also supply optical laser and receiver components to the access, metro and long-haul telecommunication markets. For enterprise networking and server input/output, or I/O, applications, we supply high speed serializer/deserializer, or SerDes, products integrated into application specific integrated circuits, or ASICs. Enterprise Storage. This segment consists of LSI's storage products and PLX's PCIe, or Peripheral Component Interconnect Express, switches and bridges. LSI's storage products enable secure movement of digital data to and from host machines such as servers, personal computers and storage systems to the underlying storage devices such as hard disk drives, or HDDs, and solid state drives, or SSDs. We provide read channel-based system-on-a-chip, or SoCs, and preamplifiers to HDD OEMs. We also provide custom flash controllers to SSD OEMs, and SAS and RAID controller and adapter solutions to server and storage system OEMs. PLX's PCIe devices are interconnect semiconductors supporting the PCIe communication standards and are the primary interconnection mechanism inside computing systems. Industrial & Other. We provide a broad variety of products for the general industrial and automotive markets. We offer optical isolators, or optocouplers, which provide electrical insulation and signal isolation. For industrial motors and robotic motion control, we supply optical encoders, as well as integrated circuits, or ICs, for the controller and decoder functions. For electronic signs and signals, we supply LED assemblies that offer high brightness and stable light output over thousands of hours, enabling us to support traffic signals, large commercial signs and other displays. For industrial networking, we provide faster optical transceivers using plastic optical fiber that enable quick and interoperable networking and factory automation. Our CODM assesses the performance of each segment and allocates resources to those segments based on net revenue and income (loss) from operations and does not evaluate operating segments using discrete asset information. |
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Disclosure of accounting policy for segment reporting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Summary of Significant Accounting Policies (Tables)
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Nov. 02, 2014
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Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of changes in warranty accrual | The following table summarizes the changes in accrued warranty (in millions):
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Reconciliation of the denominators of the basic and diluted net income per share | The following is a reconciliation of the numerators and denominators of the basic and diluted net income per share computations for the periods presented (in millions, except per share data):
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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Acquisitions and Investments (Tables)
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Nov. 02, 2014
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Business Acquisition [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | Purchased intangible assets consist of the following (in millions):
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PLX Technology, Inc.
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Business Acquisition [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Business Acquisitions, by Acquisition [Table Text Block] | Total consideration consisted of the following (in millions):
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Schedule of Purchase Price Allocation [Table Text Block] | Our preliminary allocation of the purchase price, net of cash acquired, is as follows (in millions):
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Schedule Of In Process Research And Development Projects [Table Text Block] | The following table summarizes the details of the IPR&D project as of November 2, 2014 ($ in millions):
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Business Acquisition, Pro Forma Information [Table Text Block] | The following unaudited pro forma financial information presents combined results of operations for each of the fiscal years presented, as if PLX had been acquired as of the beginning of fiscal year 2013. The pro forma information excludes related acquisition costs and includes adjustments to share-based compensation expense, amortization and depreciation for intangible assets and property, plant and equipment acquired. The pro forma results for fiscal year 2013 also include amortization of the purchase accounting effect on inventory acquired from PLX. The pro forma data are for informational purposes only and are not necessarily indicative of the consolidated results of operations of the combined business had the merger actually occurred at the beginning of fiscal year 2013 or of the results of future operations of the combined business. Consequently, actual results differ from the unaudited pro forma information presented below (in millions, except for per share amounts):
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Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | Identified intangible assets acquired consisted of the following:
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LSI acquisition
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Business Acquisition [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Business Acquisitions, by Acquisition [Table Text Block] | Total consideration consisted of the following (in millions):
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Schedule of Purchase Price Allocation [Table Text Block] | Our preliminary allocation of the purchase price, net of cash acquired, is as follows (in millions):
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Schedule Of In Process Research And Development Projects [Table Text Block] | LSI's IPR&D projects as of November 2, 2014 were primarily as follows ($ in millions):
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Business Acquisition, Pro Forma Information [Table Text Block] | The following unaudited pro forma financial information presents combined results of operations for each of the fiscal years presented, as if LSI had been acquired as of the beginning of fiscal year 2013. The pro forma information excludes results of operations of LSI's Flash Business and Axxia Business and related acquisition costs, and includes adjustments to amortization and depreciation for intangible assets and property, plant and equipment acquired, adjustments to share-based compensation expense and interest expense for the additional indebtedness incurred to complete the acquisition. The pro forma results for fiscal year 2013 also include amortization of the purchase accounting effect on inventory acquired from LSI. The pro forma data are for informational purposes only and are not necessarily indicative of the consolidated results of operations of the combined business had the merger actually occurred at the beginning of fiscal year 2013 or of the results of future operations of the combined business. Consequently, actual results differ from the unaudited pro forma information presented below (in millions, except for per share amounts):
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Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | Identified intangible assets acquired consisted of the following:
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CyOptics
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Business Acquisition [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Purchase Price Allocation [Table Text Block] | Our allocation of the purchase price, net of cash acquired was as follows (in millions):
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Business Acquisition, Pro Forma Information [Table Text Block] | The following table presents certain unaudited pro forma financial information for each of the fiscal years presented as if CyOptics had been acquired as of the beginning of fiscal year 2012. The unaudited pro forma information combines the historical results of CyOptics with our consolidated historical results and includes certain fair value adjustments reflecting the estimated impact of amortization of intangible assets acquired and depreciation of acquired property, plant and equipment for the respective periods. The pro forma data are for informational purposes only and are not necessarily indicative of the consolidated results of operations of the combined business had the acquisition actually occurred at the beginning of fiscal year 2012 or of the results of future operations of the combined business. Consequently, actual results differ from the unaudited pro forma information presented below (in millions, except for per share amounts):
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Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | Identified intangible assets acquired consisted of the following:
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Schedule Of In Process Research And Development Projects [Table Text Block] No definition available.
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Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. No definition available.
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Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Supplemental Financial Information (Tables)
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Nov. 02, 2014
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Balance Sheet Related Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of inventory | Inventory Inventory consists of the following (in millions):
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Property, Plant and Equipment, Net | Property, plant and equipment, net consist of the following (in millions):
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Other Current Liabilities | Other current liabilities consist of the following (in millions):
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Schedule of Accumulated Other Comprehensive Income (Loss) | The change in accumulated other comprehensive loss was entirely related to defined pension and post-retirement plans as follows (in millions):
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Schedule of Other Income (Expense), net | The following table presents the detail of other income (expense), net (in millions):
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Schedule of Other Liabilities, Current [Table Text Block] No definition available.
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Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the components of accumulated other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. No definition available.
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Goodwill and Intangible Assets (Tables)
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Nov. 02, 2014
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Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of goodwill | The following table summarizes changes in goodwill by segment (in millions):
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Schedule of purchased intangible assets | Purchased intangible assets consist of the following (in millions):
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Amortization of purchased intangible assets | The following table presents amortization of purchased intangible assets (in millions):
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Expected amortization expense | Based on the amount of intangible assets subject to amortization at November 2, 2014, the expected amortization expense for each of the next five fiscal years and thereafter is as follows (in millions):
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Weighted-average amortization periods | The weighted-average amortization periods remaining by intangible asset category were as follows (in years):
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- Definition
Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. No definition available.
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- Definition
Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. No definition available.
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- Details
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- Definition
Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Retirement Plans and Post-Retirement Benefits (Tables)
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Nov. 02, 2014
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Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of net pension and post retirement benefit costs | Net Periodic Benefit Cost. For fiscal years 2014, 2013 and 2012, components of net periodic benefit cost and other amounts recognized in other comprehensive (income) loss consisted of (in millions):
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Schedule of funded status of post-retirement medical and defined benefit plans | Funded Status. The funded status of the post-retirement benefit plans and defined benefit pension plans was as follows (in millions):
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Schedule of plans with benefit obligations in excess of plan assets | Plans with benefit obligations in excess of plan assets:
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Schedule of amount recognized in consolidated balance sheets | Amounts recognized in the consolidated balance sheets were as follows (in millions):
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Schedule of amounts of obligation for defined benefit plans | Plans with benefit obligations less than plan assets:
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Schedule of various benefit plans' payments over next ten fiscal years | We do not expect to make any contributions to our post-retirement medical benefit plans in fiscal year 2015. As of November 2, 2014, expected payments from our benefit plans over the next 10 fiscal years are as follows (in millions):
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Schedule of changes in fair value of plan assets | The following table presents the fair value of plan assets by major category using the same three-level hierarchy described in Note 2. "Summary of Significant Accounting Policies" (in millions):
_________________________________ (a) Cash equivalents primarily include short-term investment funds which consisted of short-term money market instruments that are valued based on quoted prices in active markets. (b) These U.S. equity securities and non-U.S. equity securities are valued based on quoted prices in active markets. (c) These amount consists of investments that are traded less frequently than Level 1 securities and are valued using inputs that include quoted prices for similar assets in active markets and inputs other than quoted prices that are observable for the asset, such as interest rates, yield curves, prepayment speeds, collateral performance, broker/dealer quotes and indices that are observable at commonly quoted intervals. (d) These amounts consist of investments in funds not registered with U.S. Securities and Exchange Commission, or SEC, with underlying investments primarily in publicly traded U.S. and non-U.S. equity securities, including securities with small and large market capitalization. The fair value was determined based on the net asset value per share of each investment at November 2, 2014. These funds are classified as Level 2 in the fair value hierarchy as the Company could redeem these investments with the sponsoring investment management organizations at November 2, 2014, and with at least monthly frequency on an ongoing basis. (e) These amounts consist of investments in funds not registered with the SEC with underlying investments primarily in Treasury Inflation-Protected Securities and high-yield bonds. The fair value was determined based on the net asset value per share of each investment at November 2, 2014. These funds are classified as Level 2 in the fair value hierarchy as the Company could redeem these investments with the sponsoring investment management organizations at November 2, 2014, and with at least monthly frequency on an ongoing basis.
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Schedule of allocation of plan assets | Our defined benefit pension plans' weighted-average asset allocations by category were:
Fair Value Measurement of Plan Assets. The following table presents the fair value of plan assets by major category using the same three-level hierarchy described in Note 2. "Summary of Significant Accounting Policies" (in millions):
_________________________________ (a) Cash equivalents primarily include short-term investment funds which consisted of short-term money market instruments that are valued based on quoted prices in active markets. (b) These U.S. equity securities and non-U.S. equity securities are valued based on quoted prices in active markets. (c) These amount consists of investments that are traded less frequently than Level 1 securities and are valued using inputs that include quoted prices for similar assets in active markets and inputs other than quoted prices that are observable for the asset, such as interest rates, yield curves, prepayment speeds, collateral performance, broker/dealer quotes and indices that are observable at commonly quoted intervals. (d) These amounts consist of investments in funds not registered with U.S. Securities and Exchange Commission, or SEC, with underlying investments primarily in publicly traded U.S. and non-U.S. equity securities, including securities with small and large market capitalization. The fair value was determined based on the net asset value per share of each investment at November 2, 2014. These funds are classified as Level 2 in the fair value hierarchy as the Company could redeem these investments with the sponsoring investment management organizations at November 2, 2014, and with at least monthly frequency on an ongoing basis. (e) These amounts consist of investments in funds not registered with the SEC with underlying investments primarily in Treasury Inflation-Protected Securities and high-yield bonds. The fair value was determined based on the net asset value per share of each investment at November 2, 2014. These funds are classified as Level 2 in the fair value hierarchy as the Company could redeem these investments with the sponsoring investment management organizations at November 2, 2014, and with at least monthly frequency on an ongoing basis.
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Schedule of assumptions used for defined benefit plans | The range of assumptions that are used for defined benefit pension plans reflects the different economic environments within various countries.
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Schedule of effect of one percentage point change in assumed health care cost trend rates | A one percentage point change in the assumed healthcare cost trend rates for fiscal year 2014 would have the following effects:
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Pension Benefits
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Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of allocation of plan assets | Our defined benefit pension plans' weighted-average asset allocations by category were:
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Post-Retirement Benefits
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Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of allocation of plan assets | The plan assets were classified as Level 2 and the fair values by asset category were as follows:
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X | ||||||||||
- Definition
Schedule of Accumulated Benefit Obligation less than Fair value of plan assets [Table Text Block] No definition available.
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- Details
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X | ||||||||||
- Definition
Tabular disclosure of accumulated benefit obligations and fair values of plan assets of pension plans and/or other employee benefit plans where the accumulated benefit obligation exceeds the fair value of plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Tabular disclosure of the reconciliation of beginning and ending balances of the fair value of plan assets of pension plans and/or other employee benefit plans showing separately, if applicable, the effects during the period attributable to each of the following: actual return on plan assets, foreign currency exchange rate changes, contributions by the employer, contributions by plan participants, benefits paid, business combinations, divestitures, and settlements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of the effect of a one-percentage-point increase and the effect of a one-percentage-point decrease in the assumed health care cost trend rates on the aggregate of the service and interest cost components of net periodic postretirement health care benefit costs and the accumulated postretirement benefit obligation for health care benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Borrowings (Tables)
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||
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Nov. 02, 2014
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Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||
Schedule of Long-term Debt Instruments [Table Text Block] | The following table presents the components of the carrying value of the Convertible Notes (in millions):
(1) The remaining debt discount as of November 2, 2014 will be accreted over a period of 6.8 years. |
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Schedule of Maturities of Long-term Debt [Table Text Block] | At November 2, 2014, future principal payments for our outstanding term loan under the 2014 Credit Agreement and the Convertible Notes, including the current portion, are summarized as follows (in millions):
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- Definition
Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Shareholders' Equity (Tables)
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Nov. 02, 2014
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Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of share based payment award activity | A summary of option activity under our equity incentive award plans follows (in millions, except years and per share amounts):
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Ranges of outstanding and exercisable awards | The following table summarizes significant ranges of outstanding and exercisable option awards as of November 2, 2014 (in millions, except years and per share amounts):
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Schedule of Other Share-based Compensation, Activity [Table Text Block] | A summary of RSU activity related to our equity incentive plans for fiscal year 2014 is as follows (in millions, except years and per share amounts):
RSU activity and the number of outstanding RSUs were not material for fiscal year 2012. |
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Summary of share-based compensation expense related to share-based awards granted to employees, directors, and non-employees | The following table summarizes total share-based compensation expense for fiscal years 2014, 2013 and 2012 (in millions):
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Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] |
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Weighted average assumptions of employee share purchase plan |
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Market-based Options
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Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] |
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Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the changes in outstanding nonvested restricted stock units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Income Taxes (Tables)
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Nov. 02, 2014
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Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of components of income before taxes | For financial reporting purposes, Income from continuing operations before income taxes included the following components (in millions):
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Schedule of significant components of provision for (benefit from) income taxes | Significant components of the provision for income taxes are as follows (in millions):
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Schedule of reconciliation of expected statutory tax rate to actual tax rate | A reconciliation of the expected statutory tax rate to the actual, effective tax rate on income before income taxes is as follows:
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Schedule of significant components of deferred tax assets and deferred tax liabilities | The significant components of deferred tax assets and deferred tax liabilities included on the consolidated balance sheets were as follows (in millions):
The above net deferred income tax assets have been reflected in the accompanying consolidated balance sheets as follows (in millions):
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Summary of reconciliation of beginning and ending balance of gross unrecognized tax benefits | A reconciliation of the beginning and ending balance of gross unrecognized tax benefits is summarized as follows (in millions):
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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of income before income tax between domestic and foreign jurisdictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of unrecognized tax benefits for which a material change is reasonably possible in the next twelve months, typically including the nature of the uncertainty, the event(s) that could cause a material change, and an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made. An unrecognized tax benefit is the difference between a tax position taken in a tax return and the amounts recognized in the financial statements for which it is more likely than not, based on the technical merits of the position, that the tax position will not be sustained upon examination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Other Income (Expense), net (Tables)
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Nov. 02, 2014
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Other Income and Expenses [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Other Income (Expense), net | The following table presents the detail of other income (expense), net (in millions):
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Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. No definition available.
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Segment Information (Tables)
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Nov. 02, 2014
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Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Segment Reporting Information, by Segment | The following tables present our net revenue and income (loss) from operations by reportable segment (in millions):
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Schedule of net revenue and long-lived asset information based on geographic region | The following table presents net revenue and long-lived asset information based on geographic region (in millions). Net revenue is based on the geographic location of the distributors, original equipment manufacturers or contract manufacturers who purchased the Company’s products, which may differ from the geographic location of the end customers. Long-lived assets include property, plant and equipment and are based on the physical location of the assets.
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Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Related Party Transactions (Tables)
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Nov. 02, 2014
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Related Party Transactions [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Transactions and balances with related parties | Aggregate transactions and balances with our related parties were as follows (in millions):
_______________________________________ * Represents amounts less than $0.5 million. (1) Amounts include net revenue and accounts receivable balances for transactions with Wistron Corporation through the three fiscal quarters ended and as of August 4, 2013, after which Wistron Corporation ceased to be a related party. (2) Amounts include net revenue, cost and expenses for transactions with eSilicon Corporation through the two fiscal quarters ended May 5, 2013, after which eSilicon Corporation ceased to be a related party. (3) The Company purchased $30 million of inventory from SMP for fiscal year 2014. As of November 2, 2014, the amount payable to SMP was $8 million. |
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Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. No definition available.
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Commitments And Contingencies (Tables)
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Nov. 02, 2014
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Commitments and Contingencies Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Changes in commitments | The following table summarizes contractual obligations and commitments as of November 2, 2014 (in millions):
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Tabular disclosure of the aggregate amount of payments due on known contractual obligations for the five years following the date of the latest balance sheet and the combined aggregate amount of maturities of known contractual obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Restructuring Charges (Tables)
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Nov. 02, 2014
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Restructuring and Related Activities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Restructuring Reserve by Type of Cost [Table Text Block] | The following table sets forth significant restructuring activities during fiscal years 2014, 2013 and 2012 (in millions):
_________________________________ (a) In connection with the sale of the Flash and Axxia Businesses, we recognized $10 million of employee termination costs, which are included in the table above and in loss from discontinued operations in the consolidated statements of operations. (b) Primarily includes losses and asset impairment charges related to restructured facilities. (c) The majority of the balance remaining for employee termination costs is expected to be paid by the third quarter of fiscal year 2015. The balance remaining for leases and other exit costs is expected to be paid during the remaining terms of the leases, which extend through fiscal year 2019. |
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- Definition
Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Discontinued Operations (Tables)
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Discontinued Operations and Disposal Groups [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of selected financial information of discontinued operations included in consolidated statements of operations | The following table summarizes the selected financial information of the Flash and Axxia Businesses included in discontinued operations in our consolidated statements of operations for fiscal year 2014 (in millions):
During fiscal year 2014, we recognized $10 million of restructuring expense as we terminated employees and $10 million of share-based compensation expense related to discontinued operations. The gain on disposal of discontinued operations was calculated as the net sale price less the fair values of assets sold determined in the preliminary allocation of the recently completed LSI acquisition, adjusted for operating activity since May 6, 2014. Assets classified as held-for-sale as of November 2, 2014 related to discontinued operations were as follows (in millions):
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Supplementary Financial Data - Quarterly Data (Unaudited) (Tables)
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Nov. 02, 2014
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Quarterly Financial Information Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Supplementary Financial Data - Quarterly Data (Unaudited) |
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Schedule II - Valuation and Qualifying Accounts (Tables)
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Nov. 02, 2014
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Valuation and Qualifying Accounts [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of valuation and qualifying accounts disclosure | Schedule II — Valuation and Qualifying Accounts
_______________________________________
|
X | ||||||||||
- Definition
The entire disclosure for any allowance and reserve accounts (their beginning and ending balances, as well as a reconciliation by type of activity during the period). Alternatively, disclosure of the required information may be within the footnotes to the financial statements or a supplemental schedule to the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Overview (Details Textuals) (USD $)
|
0 Months Ended | 0 Months Ended | ||||
---|---|---|---|---|---|---|
Jun. 28, 2013
|
Sep. 02, 2014
Flash Business
|
Aug. 12, 2014
PLX Technology, Inc.
|
May 06, 2014
LSI acquisition
|
May 06, 2014
LSI acquisition
|
Nov. 18, 2014
Subsequent Event
Axxia Business
|
|
Business Acquisition [Line Items] | ||||||
Total purchase price | $ 377,000,000 | $ 308,000,000 | $ 6,518,000,000 | |||
Cash paid | 299,000,000 | 6,344,000,000 | ||||
Purchase price | 6,500,000,000 | |||||
Sales price | $ 450,000,000 | $ 650,000,000 |
X | ||||||||||
- Definition
Purchase price including cash acquired No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of consideration received or receivable for the disposal of assets and liabilities, including discontinued operation. No definition available.
|
X | ||||||||||
- Definition
The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Summary of Significant Accounting Policies (Details Textuals) (USD $)
|
3 Months Ended | 12 Months Ended | 12 Months Ended | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
Customer
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
Customer
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
Customer
|
Nov. 03, 2013
Customer
|
Oct. 28, 2012
Customer
|
Nov. 02, 2014
Nonrecurring Engineering Revenue
|
Nov. 02, 2014
Foreign Exchange Forward Contracts
|
Nov. 02, 2014
Minimum
Buildings and leasehold improvements
|
Nov. 02, 2014
Minimum
Machinery and equipment
|
Nov. 02, 2014
Maximum
|
Nov. 02, 2014
Maximum
Buildings and leasehold improvements
|
Nov. 02, 2014
Maximum
Machinery and equipment
|
May 06, 2014
Convertible Senior Notes Due 2021
Convertible Senior Notes
|
Nov. 02, 2014
Other Long-term Assets
|
Nov. 03, 2013
Other Long-term Assets
|
Nov. 02, 2014
Customer Concentration Risk
Accounts Receivable
Major Customer One
|
Nov. 03, 2013
Customer Concentration Risk
Accounts Receivable
Major Customer One
|
Nov. 02, 2014
Customer Concentration Risk
Net Revenue
Major Customer One
|
Nov. 03, 2013
Customer Concentration Risk
Net Revenue
Major Customer One
|
Oct. 28, 2012
Customer Concentration Risk
Net Revenue
Major Customer One
|
|
Significant Accounting Policies [Line Items] | ||||||||||||||||||||||||||
Fiscal Period End | 52- or 53-week | |||||||||||||||||||||||||
Cash equivalent, maturity period | 3 months | |||||||||||||||||||||||||
Time deposits | $ 589,000,000 | $ 659,000,000 | $ 589,000,000 | $ 659,000,000 | ||||||||||||||||||||||
Money market funds | 393,000,000 | 393,000,000 | ||||||||||||||||||||||||
Allowance for Bad Debt | 2,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | ||||||||||||||||||||||
Allowance for Doubtful Accounts Receivable, Current | 65,000,000 | 42,000,000 | 65,000,000 | 42,000,000 | ||||||||||||||||||||||
Number of customers accounted for 10% or more of net accounts receivable balance | 1 | 1 | 1 | 1 | ||||||||||||||||||||||
Concentration Risk, Percentage | 30.00% | 26.00% | 20.00% | 18.00% | 17.00% | |||||||||||||||||||||
Investments, short-term | 24,000,000 | 23,000,000 | 24,000,000 | 23,000,000 | ||||||||||||||||||||||
Investments, long-term | 28,000,000 | 5,000,000 | ||||||||||||||||||||||||
Number of customers representing 10% or more of net revenue | 1 | 1 | 1 | |||||||||||||||||||||||
Hedging contracts maturity range, lower limit (in months) | 3 months | |||||||||||||||||||||||||
Property, plant and equipment, useful life, minimum (in years) | 15 years | 3 years | 40 years | 10 years | ||||||||||||||||||||||
Impairment of goodwill | 0 | |||||||||||||||||||||||||
Net revenue | $ 1,590,000,000 | $ 1,269,000,000 | $ 701,000,000 | $ 709,000,000 | $ 738,000,000 | $ 644,000,000 | $ 562,000,000 | $ 576,000,000 | $ 4,269,000,000 | $ 2,520,000,000 | $ 2,364,000,000 | $ 124,000,000 | ||||||||||||||
Interest rate | 2.00% |
X | ||||||||||
- Definition
Allowance for Bad Debt No definition available.
|
X | ||||||||||
- Definition
Cash Equivalent, Maturity Period No definition available.
|
X | ||||||||||
- Definition
Fiscal period end. No definition available.
|
X | ||||||||||
- Definition
Number of customers accounted for 10% or more of net accounts receivable balance. No definition available.
|
X | ||||||||||
- Definition
Number of customers with significant revenue. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
A valuation allowance for trade and other receivables due to an Entity within one year (or the normal operating cycle, whichever is longer) that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
A savings certificate entitling the Entity (that is, bearer) to receive interest at an established maturity date, based upon a fixed interest rate. A certificate of deposit may be issued in any denomination. Certificates of deposit are generally issued by commercial banks and, therefore, insured by the FDIC (up to the prescribed limit). Certificates of deposit generally restrict holders from withdrawing funds on demand without the incurrence of penalties. Generally, only certificates of deposit with original maturities of three months or less qualify as cash equivalents. Original maturity means original maturity to the entity holding the investment. As a related example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount, after adjustment, of cost-method investment. Adjustments include, but are not limited to, dividends received in excess of earnings after date of investment that are considered a return of investment and other than temporary impairments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Period the derivative contract is outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
X | ||||||||||
- Definition
The aggregate amount of write-downs for impairments recognized during the period for long lived assets held for use (including those held for disposal by means other than sale). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Investment in short-term money-market instruments (such as commercial paper, banker's acceptances, repurchase agreements, government securities, certificates of deposit, and so forth) which are highly liquid (that is, readily convertible to known amounts of cash) and so near their maturity that they present an insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify as cash equivalents by definition. Original maturity means an original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Other investments not otherwise specified in the taxonomy that will be realized in a short period of time, usually less than one year or the normal operating cycle, whichever is longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
|
X | ||||||||||
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Summary of Significant Accounting Policies (Warranty) (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |
---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
|
Summary of changes in warranty accrual | ||
Beginning Balance | $ 2 | $ 2 |
Charged to cost of products sold | 1 | |
Released to cost of products sold | (4) | |
Liabilities assumed in acquisitions | 11 | |
Utilized | (1) | (1) |
Ending Balance | $ 8 | $ 2 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Represents the aggregate Increase or Decrease in the liability during the reporting period for accruals related to preexisting standard and extended product warranties (including adjustments for changes in estimates). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount as of the balance sheet date of the aggregate standard product warranty liability. Does not include the balance for the extended product warranty liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Liability for a standard product warranty acquired in a business acquisition. Does not include any liability for an extended warranty acquired in a business acquisition. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Represents the aggregate decrease in the liability for payments made (in cash or in kind) to satisfy claims under the terms of the standard product warranty. Does not include any Increase or Decrease in the liability for payments related to extended product warranties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Represents the aggregate increase in the liability for accruals related to standard product warranties issued during the reporting period. Does not include any increase in the liability for accruals related to extended product warranties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Summary of Significant Accounting Policies (Net income (loss) per share) (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 6 Months Ended | 12 Months Ended | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
||||
Net income (Numerator): | |||||||||||||||
Income from continuing operations | $ 137 | $ (120) | $ 158 | $ 134 | $ 172 | $ 142 | $ 113 | $ 125 | $ 309 | $ 552 | $ 563 | ||||
Loss from discontinued operations, net of income taxes | (2) | [1] | (44) | 0 | 0 | 0 | 0 | 0 | 0 | (46) | (46) | 0 | 0 | ||
Net income | $ 135 | $ (164) | $ 158 | $ 134 | $ 172 | $ 142 | $ 113 | $ 125 | $ 263 | $ 552 | $ 563 | ||||
Shares (Denominator): | |||||||||||||||
Basic weighted-average ordinary shares outstanding (in shares) | 254 | 252 | 251 | 249 | 248 | 248 | 246 | 246 | 251 | 247 | 245 | ||||
Add incremental shares for: | |||||||||||||||
Dilutive effect of share options, RSUs and ESPP rights (in shares) | 8 | 5 | 5 | ||||||||||||
Dilutive effect of Convertible Notes (in shares) | 8 | 0 | 0 | ||||||||||||
Shares used in diluted computation (in shares) | 272 | 252 | 258 | 255 | 253 | 252 | 251 | 251 | 267 | 252 | 250 | ||||
Basic income per share: | |||||||||||||||
Income per share from continuing operations (in dollars per share) | $ 0.54 | $ (0.48) | $ 0.63 | $ 0.54 | $ 0.69 | $ 0.57 | $ 0.46 | $ 0.51 | $ 1.23 | $ 2.23 | $ 2.30 | ||||
Loss per share from discontinued operations, net of income taxes (in dollars per share) | $ (0.01) | $ (0.17) | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ (0.18) | $ 0.00 | $ 0.00 | ||||
Net income per share (in dollars per share) | $ 0.53 | $ (0.65) | $ 0.63 | $ 0.54 | $ 0.69 | $ 0.57 | $ 0.46 | $ 0.51 | $ 1.05 | $ 2.23 | $ 2.30 | ||||
Diluted income per share: | |||||||||||||||
Income per share from continuing operations (in dollars per share) | $ 0.50 | $ (0.48) | $ 0.61 | $ 0.53 | $ 0.68 | $ 0.56 | $ 0.45 | $ 0.50 | $ 1.16 | $ 2.19 | $ 2.25 | ||||
Loss per share from discontinued operations, net of income taxes (in dollars per share) | $ 0.00 | $ (0.17) | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ (0.17) | $ 0.00 | $ 0.00 | ||||
Net income per share (in dollars per share) | $ 0.50 | $ (0.65) | $ 0.61 | $ 0.53 | $ 0.68 | $ 0.56 | $ 0.45 | $ 0.50 | $ 0.99 | $ 2.19 | $ 2.25 | ||||
Number of antidilutive shares excluded from computation of earnings per share | 1 | 2 | |||||||||||||
|
X | ||||||||||
- Definition
Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of income (loss) from a disposal group, net of income tax, reported as a separate component of income before extraordinary items after deduction or consideration of the amount allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Per basic share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Per diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of convertible debt securities using the if-converted method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The sum of dilutive potential common shares or units used in the calculation of the diluted per-share or per-unit computation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Acquisitions and Investments (Details Textual) (USD $)
|
0 Months Ended | 12 Months Ended | 0 Months Ended | 0 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Jun. 28, 2013
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
May 06, 2014
LSI acquisition
|
May 06, 2014
LSI acquisition
|
Aug. 12, 2014
PLX Technology, Inc.
|
Jun. 28, 2013
CyOptics
|
Jun. 28, 2013
CyOptics
|
Sep. 18, 2014
Axxia Business
|
|
Business Acquisition [Line Items] | ||||||||||
Purchase price | $ 6,500,000,000 | |||||||||
Total purchase price | 377,000,000 | 6,518,000,000 | 308,000,000 | |||||||
Acquisition-related transaction costs | 35,000,000 | 5,000,000 | ||||||||
Discount Rate | 14.50% | |||||||||
Cash paid | 6,344,000,000 | 299,000,000 | 373,000,000 | |||||||
Fair value of net assets acquired | 5,664,000,000 | 297,000,000 | 377,000,000 | |||||||
Finite-Lived Intangibles | 3,673,000,000 | 162,000,000 | 137,000,000 | |||||||
Goodwill | 1,596,000,000 | 391,000,000 | 1,220,000,000 | 75,000,000 | 190,000,000 | |||||
Proceeds from sale of business | $ 450,000,000 | $ 0 | $ 0 | $ 650,000,000 |
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets, Discount Rate No definition available.
|
X | ||||||||||
- Definition
Purchase price including cash acquired No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of identifiable intangible assets recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash inflow associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Business Acquisition Pro Forma Income Loss From Continuing Operations Per Share Basic No definition available.
|
X | ||||||||||
- Definition
Business Acquisitions Pro Forma Income Loss From Continuing Operations No definition available.
|
X | ||||||||||
- Definition
Business Combination, Consideration Transferred, Cash Paid for Stock Options and Restricted Stock Units No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Assets Held For Sale No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Employee Compensation and Benefits, Current No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets, Discount Rate No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets, Estimated Cost To Complete No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets, Percentage of Completion No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Number of Customers No definition available.
|
X | ||||||||||
- Definition
Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The pro forma income from continuing operations before changes in accounting and extraordinary items, net of tax effect, per diluted share of common stock for a period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The pro forma revenue for a period as if the business combination or combinations had been completed at the beginning of the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount due from customers or clients for goods or services, including trade receivables, that have been delivered or sold in the normal course of business, and amounts due from others, including related parties expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of liabilities incurred for goods and services received that are used in an entity's business and related party payables, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of other liabilities due within one year or within the normal operating cycle, if longer, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of assets, excluding financial assets and goodwill, that lack physical substance, having a projected indefinite period of benefit, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of intangible assets, excluding goodwill, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of identifiable intangible assets recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of inventory recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of other liabilities due after one year or the normal operating cycle, if longer, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of property, plant, and equipment recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash inflow associated with the acquisition of business during the period (for example, cash that was held by the acquired business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Acquisitions and Investments - LSI Corporation (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified |
0 Months Ended | 12 Months Ended | 0 Months Ended | 0 Months Ended | 12 Months Ended | 0 Months Ended | 12 Months Ended | 12 Months Ended | 0 Months Ended | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 28, 2013
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
Sep. 02, 2014
Flash Business
|
Sep. 02, 2014
Flash Business
|
Sep. 18, 2014
Axxia Business
|
Nov. 02, 2014
Developed technology
|
Nov. 03, 2013
Developed technology
|
May 06, 2014
LSI acquisition
|
Nov. 02, 2014
LSI acquisition
|
Nov. 03, 2013
LSI acquisition
|
Nov. 02, 2014
LSI acquisition
RSD Purley [Member]
|
May 06, 2014
LSI acquisition
RSD Purley [Member]
|
Nov. 02, 2014
LSI acquisition
Axxia IPR&D Project [Member]
|
Nov. 02, 2014
LSI acquisition
Preamplifiers components
|
May 06, 2014
LSI acquisition
In-process research and development
|
May 06, 2014
LSI acquisition
Developed technology
|
May 06, 2014
LSI acquisition
Customer relationships
|
May 06, 2014
LSI acquisition
Trade names
|
May 06, 2014
LSI acquisition
Customer order backlog
|
May 06, 2014
LSI acquisition
Patents
|
May 06, 2014
LSI acquisition
In-place lease
|
Nov. 02, 2014
Minimum
LSI acquisition
Preamplifiers components
|
May 06, 2014
Minimum
LSI acquisition
Preamplifiers components
|
Nov. 02, 2014
Minimum
LSI acquisition
Custom silicon products for DC switching, campus network switches, routers and wireless basestations
|
May 06, 2014
Minimum
LSI acquisition
Custom silicon products for DC switching, campus network switches, routers and wireless basestations
|
Nov. 02, 2014
Maximum
LSI acquisition
Preamplifiers components
|
May 06, 2014
Maximum
LSI acquisition
Preamplifiers components
|
Nov. 02, 2014
Maximum
LSI acquisition
Custom silicon products for DC switching, campus network switches, routers and wireless basestations
|
May 06, 2014
Maximum
LSI acquisition
Custom silicon products for DC switching, campus network switches, routers and wireless basestations
|
|
Business Acquisition [Line Items] | |||||||||||||||||||||||||||||||
Sales price | $ 450 | ||||||||||||||||||||||||||||||
Cash paid to LSI stockholders | 6,344 | ||||||||||||||||||||||||||||||
Cash paid for options and restricted stock units | 154 | ||||||||||||||||||||||||||||||
Fair value of partially vested assumed equity awards | 20 | 20 | |||||||||||||||||||||||||||||
Less: cash acquired | 854 | ||||||||||||||||||||||||||||||
Total purchase price | 377 | 6,518 | |||||||||||||||||||||||||||||
Finite-Lived Intangibles | 3,673 | 1,961 | 1,415 | 178 | 106 | 11 | 2 | ||||||||||||||||||||||||
Weighted-Average Lives (in years) | 8 years | 7 years | 10 years | 8 years | 8 years | 1 year | 8 years | 3 years | |||||||||||||||||||||||
IPR&D | 97 | 71 | 18 | 192 | |||||||||||||||||||||||||||
Percentage of Completion | 17.00% | 38.00% | 25.00% | 15.00% | 15.00% | 75.00% | 63.00% | 22.00% | 22.00% | ||||||||||||||||||||||
Estimated Cost to Complete | 251 | 34 | |||||||||||||||||||||||||||||
Total identified intangible assets | 3,865 | ||||||||||||||||||||||||||||||
Discount Rate | 14.50% | ||||||||||||||||||||||||||||||
Premium percent over weighted average cost of capital | 1.00% | ||||||||||||||||||||||||||||||
Pro forma net revenue | 5,277 | 4,556 | |||||||||||||||||||||||||||||
Business Acquisitions Pro Forma Income Loss From Continuing Operations | 598 | (169) | |||||||||||||||||||||||||||||
Business Acquisition Pro Forma Income Loss From Continuing Operations Per Share Basic | $ 2.38 | $ (0.68) | |||||||||||||||||||||||||||||
Business Acquisition Pro Forma Income Loss From Continuing Operations Per Share Diluted | $ 2.19 | $ (0.68) | |||||||||||||||||||||||||||||
Proceeds from sale of business | 450 | 0 | 0 | 450 | 650 | ||||||||||||||||||||||||||
Total purchase price, net of cash acquired | $ 5,961 | $ 414 | $ 4 | $ 5,664 |
X | ||||||||||
- Definition
Business Acquisition Pro Forma Income Loss From Continuing Operations Per Share Basic No definition available.
|
X | ||||||||||
- Definition
Business Acquisition Pro Forma Income Loss From Continuing Operations Per Share Diluted No definition available.
|
X | ||||||||||
- Definition
Business Acquisitions Pro Forma Income Loss From Continuing Operations No definition available.
|
X | ||||||||||
- Definition
Business Combination, Consideration Transferred, Cash Paid for Stock Options and Restricted Stock Units No definition available.
|
X | ||||||||||
- Definition
Business combinations, fair value of partially vested equity No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets, Discount Rate No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets, Estimated Cost To Complete No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets, Percentage of Completion No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets, Premium Percent Over Weighted Average Cost Of Capital No definition available.
|
X | ||||||||||
- Definition
Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The pro forma revenue for a period as if the business combination or combinations had been completed at the beginning of the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of assets, excluding financial assets and goodwill, that lack physical substance, having a projected indefinite period of benefit, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of intangible assets, excluding goodwill, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of identifiable intangible assets recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash inflow associated with the acquisition of business during the period (for example, cash that was held by the acquired business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of consideration received or receivable for the disposal of assets and liabilities, including discontinued operation. No definition available.
|
X | ||||||||||
- Definition
The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash inflow associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Acquisitions and Investments - Purchase Price Allocation (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | 3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Nov. 03, 2013
CyOptics
|
Jun. 28, 2013
CyOptics
|
Aug. 12, 2014
PLX Technology, Inc.
|
Nov. 02, 2014
LSI acquisition
|
Nov. 02, 2014
LSI acquisition
|
May 06, 2014
LSI acquisition
|
|||||
Business Acquisition [Line Items] | ||||||||||||
Increase in goodwill | $ 62 | |||||||||||
Trade accounts receivable | 51 | 12 | 282 | |||||||||
Inventory | 35 | 25 | 372 | |||||||||
Assets held-for-sale | 26 | [1] | 450 | [1] | ||||||||
Other current assets | 2 | 4 | 174 | |||||||||
Property, plant and equipment | 44 | 7 | 260 | |||||||||
Goodwill | 1,596 | 391 | 190 | 75 | 1,220 | |||||||
Total identified intangible assets | 141 | 191 | 3,865 | |||||||||
Other long-term assets | 178 | |||||||||||
Total assets acquired | 463 | 6,801 | ||||||||||
Accounts payable | (25) | (5) | (207) | |||||||||
Employee compensation and benefits | (5) | (4) | (91) | |||||||||
Other current liabilities | (2) | (6) | (156) | |||||||||
Long-term deferred tax liabilities (included in other long-term liabilities) | (54) | |||||||||||
Pension and post-retirement benefit obligations | (446) | |||||||||||
Other long-term liabilities | (28) | (237) | ||||||||||
Total liabilities assumed | (86) | (1,137) | ||||||||||
Fair value of net assets acquired | 377 | 297 | 5,664 | |||||||||
Revenues | $ 85 | $ 1,050 | ||||||||||
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Assets Held For Sale No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Employee Compensation and Benefits, Current No definition available.
|
X | ||||||||||
- Definition
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Pension and Postretirement Benfit Obligations No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
This element represents the amount of revenue of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of assets acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount due from customers or clients for goods or services, including trade receivables, that have been delivered or sold in the normal course of business, and amounts due from others, including related parties expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of liabilities incurred for goods and services received that are used in an entity's business and related party payables, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of other liabilities due within one year or within the normal operating cycle, if longer, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of deferred tax liability attributable to taxable temporary differences due after one year or the normal operating cycle, if longer, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of intangible assets, excluding goodwill, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of inventory recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of liabilities assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of other liabilities due after one year or the normal operating cycle, if longer, assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of other assets expected to be realized or consumed after one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of property, plant, and equipment recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of increase (decrease) from adjustments after acquisition date under purchase accounting of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Acquisitions and Investments - CyOptics (Details) (USD $)
In Millions, unless otherwise specified |
0 Months Ended | 12 Months Ended | ||
---|---|---|---|---|
Jun. 28, 2013
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Jun. 28, 2013
|
|
Business Acquisition [Line Items] | ||||
Total purchase price | $ 377 | |||
Deferred Tax Liabilities, Other | 2 | 2 | ||
CyOptics
|
||||
Business Acquisition [Line Items] | ||||
Cash paid | 373 | |||
Short term-investments | 3 | |||
Business Acquisition,Additional Consideration, Future Cash Payment | 4 | |||
Management Retention Bonus Prepayment | 27 | |||
Notes, Loans and Financing Receivable, Net, Noncurrent | 6 | |||
Revenues | 85 | |||
Business Combination, Payments for Retention Bonus | 17 | |||
Business Acquisition, Management Retention Bonus Compensation | 10 | |||
Intangible Assets, Net (Excluding Goodwill) [Abstract] | ||||
Finite-Lived Intangibles | 137 | |||
Total identified intangible assets | 141 | |||
CyOptics | In-process research and development
|
||||
Intangible Assets, Net (Excluding Goodwill) [Abstract] | ||||
Indefinite-Lived Intangible Assets | 4 | 4 | ||
CyOptics | Purchased technology - base product
|
||||
Intangible Assets, Net (Excluding Goodwill) [Abstract] | ||||
Finite-Lived Intangibles | 98 | |||
Estimated Useful Lives (in years) | 8 years | |||
CyOptics | Purchased technology - packaging
|
||||
Intangible Assets, Net (Excluding Goodwill) [Abstract] | ||||
Finite-Lived Intangibles | 3 | |||
Estimated Useful Lives (in years) | 5 years | |||
CyOptics | Customer relationships
|
||||
Intangible Assets, Net (Excluding Goodwill) [Abstract] | ||||
Finite-Lived Intangibles | 32 | |||
Estimated Useful Lives (in years) | 7 years | |||
CyOptics | Customer backlog
|
||||
Intangible Assets, Net (Excluding Goodwill) [Abstract] | ||||
Finite-Lived Intangibles | $ 4 | |||
Estimated Useful Lives (in years) | 1 year |
X | ||||||||||
- Definition
Business Acquisition, Additional Consideration No definition available.
|
X | ||||||||||
- Definition
Business Acquisition, Management Retention Bonus Compensation No definition available.
|
X | ||||||||||
- Definition
Business Combination, Payments for Retention Bonus No definition available.
|
X | ||||||||||
- Definition
Balance paid into escrow and recorded as a prepaid. This balance will be paid in the form of retention bonuses over a three-year period subsequent to the acquisition date. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of indemnification assets (amounts to be reimbursed if and when certain assumed liabilities are paid) recognized at the acquisition date of a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
This element represents the amount of revenue of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of assets, excluding financial assets and goodwill, that lack physical substance, having a projected indefinite period of benefit, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of intangible assets, excluding goodwill, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of identifiable intangible assets recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of deferred tax liability attributable to taxable temporary differences not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Acquisitions and Investments - CyOptics Pro Forma (Details) (CyOptics, USD $)
In Millions, except Per Share data, unless otherwise specified |
12 Months Ended | |
---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
|
CyOptics
|
||
Business Acquisition [Line Items] | ||
Pro forma net revenue | $ 2,663 | $ 2,578 |
Pro forma net income | $ 547 | $ 551 |
Pro forma net income per share-basic | $ 2.21 | $ 2.25 |
Pro forma net income per share-diluted | $ 2.17 | $ 2.20 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The pro forma basic net income per share for a period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The pro forma diluted net income per share for a period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The pro forma net Income or Loss for the period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The pro forma revenue for a period as if the business combination or combinations had been completed at the beginning of the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Acquisitions and Investments - Javelin (Details) (USD $)
In Millions, unless otherwise specified |
0 Months Ended |
---|---|
Jun. 28, 2013
|
|
Business Acquisition [Line Items] | |
Total purchase price | $ 377 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Acquisitions and Investments - Investments (Details) (USD $)
In Millions, unless otherwise specified |
Nov. 02, 2014
|
May 06, 2014
Silicon Manufacturing Partners Pte. Ltd
|
---|---|---|
Schedule of Equity Method Investments [Line Items] | ||
Ownership percentage acquired | 51.00% | |
Equity Method Investments | $ 22 |
X | ||||||||||
- Definition
The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Supplemental Financial Information (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Inventory | |||
Finished goods | $ 185 | $ 53 | |
Work-in-process | 250 | 154 | |
Raw materials | 84 | 78 | |
Total inventory | 519 | 285 | |
Property, Plant and Equipment, Net | |||
Total property, plant and equipment | 1,851 | 1,232 | |
Accumulated depreciation and amortization | (693) | (571) | |
Total property, plant and equipment, net | 1,158 | 661 | |
Depreciation | 164 | 102 | 78 |
Unpaid purchases of property, plant, and equipment | 45 | 31 | |
Other Current Liabilities | |||
Income and other taxes payable | 57 | 15 | |
Other | 179 | 32 | |
Total other current liabilities | 236 | 47 | |
Land
|
|||
Property, Plant and Equipment, Net | |||
Total property, plant and equipment | 37 | 12 | |
Construction in progress
|
|||
Property, Plant and Equipment, Net | |||
Total property, plant and equipment | 198 | 83 | |
Buildings and leasehold improvements
|
|||
Property, Plant and Equipment, Net | |||
Total property, plant and equipment | 300 | 182 | |
Machinery and equipment
|
|||
Property, Plant and Equipment, Net | |||
Total property, plant and equipment | 1,316 | 955 | |
Computer software
|
|||
Property, Plant and Equipment, Net | |||
Total property, plant and equipment | 85 | 72 | |
Accumulated depreciation and amortization | (55) | (60) | |
Assets held under capital leases
|
|||
Property, Plant and Equipment, Net | |||
Total property, plant and equipment | 8 | ||
Accumulated depreciation and amortization | $ (7) | $ (6) |
X | ||||||||||
- Definition
Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Future cash outflow to pay for purchases of fixed assets that have occurred. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Carrying amount, net of valuation reserves and adjustments, as of the balance sheet date of merchandise or goods held by the company that are readily available for sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Carrying amount, net of valuation reserves and adjustments, as of the balance sheet date of unprocessed items to be consumed in the manufacturing or production process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Carrying amount, net of reserves and adjustments, as of the balance sheet date of merchandise or goods which are partially completed. This inventory is generally comprised of raw materials, labor and factory overhead costs, which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Aggregate carrying amount of current liabilities (due within one year or within the normal operating cycle if longer) not separately disclosed in the balance sheet. Includes costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Obligations not otherwise itemized or categorized in the footnotes to the financial statements that are due within one year or operating cycle, if longer, from the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Supplemental Financial Information - Reclassification out of AOCI (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward] | |||
Balance as of November 3, 2013 | $ (6) | ||
Other comprehensive loss before reclassifications | (61) | ||
Amounts reclassified out of accumulated other comprehensive loss | (3) | ||
Tax effects | 20 | ||
Other comprehensive (loss) income | (44) | 5 | (13) |
Balance as of November 2, 2014 | $ (50) | $ (6) |
X | ||||||||||
- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount before tax and reclassification adjustments of other comprehensive income (loss). No definition available.
|
X | ||||||||||
- Definition
Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of tax expense (benefit) allocated to other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount before tax of reclassification adjustments of other comprehensive income (loss). No definition available.
|
Supplemental Financial Information - Other income and Expenses (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Balance Sheet Related Disclosures [Abstract] | |||||||||||
Other income | $ 18 | $ 15 | $ 3 | ||||||||
Interest income | 6 | 4 | 4 | ||||||||
Other expense | (10) | 0 | (3) | ||||||||
Other income, net | $ 16 | $ (2) | $ 0 | $ 0 | $ 11 | $ 5 | $ 1 | $ 2 | $ 14 | $ 19 | $ 4 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The amount of interest income and other income recognized during the period. Included in this element is interest derived from investments in debt securities, cash and cash equivalents, and other investments which reflect the time value of money or transactions in which the payments are for the use or forbearance of money and other income from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business). No definition available.
|
X | ||||||||||
- Definition
The aggregate amount of other expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating expense recognized during the period. Such amounts may include: (a) unusual costs, (b) loss on foreign exchange transactions, (c) losses on securities (net of profits), and (d) miscellaneous other expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The aggregate amount of other income amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) profits on securities (net of losses), and (d) miscellaneous other income items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Goodwill and Intangible Assets (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | ||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
segment
|
Nov. 02, 2014
LSI acquisition
|
May 06, 2014
LSI acquisition
|
Nov. 02, 2014
PLX Technology, Inc.
|
Aug. 12, 2014
PLX Technology, Inc.
|
Nov. 02, 2014
Other Acquisitions
|
Nov. 02, 2014
Wireless Communications
|
Nov. 03, 2013
Wireless Communications
|
Nov. 02, 2014
Wireless Communications
LSI acquisition
|
Nov. 02, 2014
Wireless Communications
PLX Technology, Inc.
|
Nov. 02, 2014
Wireless Communications
Other Acquisitions
|
Nov. 02, 2014
Wired Infrastructure
|
Nov. 03, 2013
Wired Infrastructure
|
Nov. 02, 2014
Wired Infrastructure
LSI acquisition
|
Nov. 02, 2014
Wired Infrastructure
PLX Technology, Inc.
|
Nov. 02, 2014
Wired Infrastructure
Other Acquisitions
|
Nov. 02, 2014
Enterprise Storage
|
Nov. 03, 2013
Enterprise Storage
|
Nov. 02, 2014
Enterprise Storage
LSI acquisition
|
Nov. 02, 2014
Enterprise Storage
PLX Technology, Inc.
|
Nov. 02, 2014
Enterprise Storage
Other Acquisitions
|
Nov. 02, 2014
Industrial & Other
|
Nov. 03, 2013
Industrial & Other
|
Nov. 02, 2014
Industrial & Other
LSI acquisition
|
Nov. 02, 2014
Industrial & Other
PLX Technology, Inc.
|
Nov. 02, 2014
Industrial & Other
Other Acquisitions
|
Nov. 02, 2014
Axxia Business
LSI acquisition
|
Nov. 02, 2014
Axxia Business
Wireless Communications
LSI acquisition
|
Nov. 02, 2014
Axxia Business
Wired Infrastructure
LSI acquisition
|
Nov. 02, 2014
Axxia Business
Enterprise Storage
LSI acquisition
|
Nov. 02, 2014
Axxia Business
Industrial & Other
LSI acquisition
|
|
Goodwill [Line Items] | |||||||||||||||||||||||||||||||
Number of reportable segments | 4 | ||||||||||||||||||||||||||||||
Goodwill | |||||||||||||||||||||||||||||||
Goodwill beginning balance | $ 391 | $ 1,220 | $ 75 | $ 261 | $ 261 | $ 292 | $ 74 | $ 907 | $ 0 | $ 136 | $ 56 | ||||||||||||||||||||
Goodwill acquired during the period | 1,220 | 75 | 1 | 0 | 0 | 0 | 308 | 0 | 1 | 832 | 75 | 0 | 80 | 0 | 0 | ||||||||||||||||
Reclassification of goodwill related to Axxia assets held-for-sale | (91) | 0 | (91) | 0 | 0 | ||||||||||||||||||||||||||
Goodwill ending balance | $ 1,596 | $ 1,220 | $ 75 | $ 261 | $ 261 | $ 292 | $ 74 | $ 907 | $ 0 | $ 136 | $ 56 |
X | ||||||||||
- Definition
Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of increase in asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized resulting from a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of divestiture of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Number of segments reported by the entity. A reportable segment is a component of an entity for which there is an accounting requirement to report separate financial information on that component in the entity's financial statements. No definition available.
|
Goodwill and Intangible Assets (Details 1) (USD $)
In Millions, unless otherwise specified |
Nov. 02, 2014
|
Nov. 03, 2013
|
---|---|---|
Finite Lived Intangible Assets Net [Abstract] | ||
Gross Carrying Amount | $ 4,496 | $ 1,140 |
Accumulated Amortization | (1,033) | (652) |
Intangible assets, Net Book Value | 3,463 | 488 |
Gross Intangible Assets Excluding Goodwill | 4,650 | 1,144 |
Intangible assets, net | 3,617 | 492 |
In-process research and development
|
||
Finite Lived Intangible Assets Net [Abstract] | ||
Indefinite-Lived Intangible Assets (Excluding Goodwill) | 154 | 4 |
Purchased technology
|
||
Finite Lived Intangible Assets Net [Abstract] | ||
Gross Carrying Amount | 2,651 | 843 |
Accumulated Amortization | (682) | (462) |
Intangible assets, Net Book Value | 1,969 | 381 |
Customer and distributor relationships
|
||
Finite Lived Intangible Assets Net [Abstract] | ||
Gross Carrying Amount | 1,570 | 289 |
Accumulated Amortization | (264) | (186) |
Intangible assets, Net Book Value | 1,306 | 103 |
Other
|
||
Finite Lived Intangible Assets Net [Abstract] | ||
Gross Carrying Amount | 275 | 8 |
Accumulated Amortization | (87) | (4) |
Intangible assets, Net Book Value | $ 188 | $ 4 |
X | ||||||||||
- Definition
Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount before accumulated amortization of intangible assets, excluding goodwill. No definition available.
|
X | ||||||||||
- Definition
Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Goodwill and Intangible Assets (Details 2) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Amortization of purchased intangible assets | |||||||||||
Cost of products sold | $ 108 | $ 105 | $ 18 | $ 18 | $ 19 | $ 14 | $ 14 | $ 14 | $ 249 | $ 61 | $ 56 |
Operating expenses | 91 | 91 | 8 | 7 | 7 | 6 | 6 | 5 | 197 | 24 | 21 |
Total amortization | $ 446 | $ 85 | $ 77 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Aggregate amount of intangible asset amortization recognized as expense during the period No definition available.
|
X | ||||||||||
- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of expense recognized in the current period that reflects the allocation of the costs of intangible assets over the expected benefit period of such assets. This element applies only to intangible assets used in the production of goods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Goodwill and Intangible Assets (Details 4) (USD $)
In Millions, unless otherwise specified |
Nov. 02, 2014
|
Nov. 03, 2013
|
---|---|---|
Goodwill and Intangible Assets Disclosure [Abstract] | ||
2015 | $ 688 | |
2016 | 625 | |
2017 | 558 | |
2018 | 436 | |
2019 | 372 | |
Thereafter | 784 | |
Intangible assets, Net Book Value | $ 3,463 | $ 488 |
X | ||||||||||
- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. No definition available.
|
X | ||||||||||
- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Goodwill and Intangible Assets (Details 5)
|
12 Months Ended | |
---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
|
Purchased technology
|
||
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets [Line Items] | ||
Weighted average amortization period of Acquired Intangible Assets (in years) | 8 years | 7 years |
Customer and distributor relationships
|
||
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets [Line Items] | ||
Weighted average amortization period of Acquired Intangible Assets (in years) | 7 years | 6 years |
Other
|
||
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets [Line Items] | ||
Weighted average amortization period of Acquired Intangible Assets (in years) | 6 years | 7 years |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Retirement Plans and Post-Retirement Benefits (Details) (USD $)
|
3 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 0 Months Ended | 12 Months Ended | 12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Aug. 03, 2014
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
Nov. 02, 2014
Maximum
|
Nov. 02, 2014
Minimum
|
Nov. 02, 2014
Level 1
|
Nov. 03, 2013
Level 1
|
Nov. 02, 2014
Level 2
|
Nov. 03, 2013
Fixed income
Level 1
|
Nov. 02, 2014
Non-U.S. Pension Plan
|
Nov. 03, 2013
Non-U.S. Pension Plan
|
Nov. 02, 2014
United States Postretirement Medical Plans of US Entity, Defined Benefit
|
Dec. 12, 2013
Post-Retirement Benefits
|
Nov. 02, 2014
Post-Retirement Benefits
|
Nov. 03, 2013
Post-Retirement Benefits
|
Oct. 28, 2012
Post-Retirement Benefits
|
Nov. 02, 2014
Post-Retirement Benefits
Maximum
|
Nov. 02, 2014
Post-Retirement Benefits
Minimum
|
Nov. 02, 2014
Post-Retirement Benefits
Assumptions for Benefit Obligations
|
Nov. 03, 2013
Post-Retirement Benefits
Assumptions for Benefit Obligations
|
Nov. 02, 2014
Post-Retirement Benefits
Assumptions for Expense
|
Nov. 03, 2013
Post-Retirement Benefits
Assumptions for Expense
|
Oct. 28, 2012
Post-Retirement Benefits
Assumptions for Expense
|
Nov. 02, 2014
Post-Retirement Benefits
Level 2
|
Nov. 02, 2014
Pension Benefits
|
Nov. 03, 2013
Pension Benefits
|
Oct. 28, 2012
Pension Benefits
|
Nov. 02, 2014
Pension Benefits
Maximum
|
Nov. 03, 2013
Pension Benefits
Maximum
|
Oct. 28, 2012
Pension Benefits
Maximum
|
Nov. 02, 2014
Pension Benefits
Minimum
|
Nov. 03, 2013
Pension Benefits
Minimum
|
Oct. 28, 2012
Pension Benefits
Minimum
|
Nov. 02, 2014
Pension Benefits
Fixed income
|
Nov. 03, 2013
Pension Benefits
Fixed income
|
Nov. 02, 2014
Pension Benefits
Real estate
|
Nov. 03, 2013
Pension Benefits
Real estate
|
Nov. 02, 2014
Pension Benefits
Time deposits
|
Nov. 03, 2013
Pension Benefits
Time deposits
|
Nov. 02, 2014
Pension Benefits
Other
|
Nov. 03, 2013
Pension Benefits
Other
|
Nov. 02, 2014
Retiree medical account program, spending account of $40,000
|
Nov. 02, 2014
Retiree medical account program, spending account $55,000
|
Nov. 02, 2014
LSI acquisition
|
Nov. 02, 2014
LSI acquisition
Maximum
|
Nov. 02, 2014
LSI acquisition
Minimum
|
||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Pension Plan Contributions, 2015 | $ 62,000,000 | [1] | ||||||||||||||||||||||||||||||||||||||||||||||||
Cash settlement due to amendment | 2,000,000 | 2,000,000 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Benefit obligation | 89,000,000 | 69,000,000 | 22,000,000 | 32,000,000 | 1,619,000,000 | 55,000,000 | 46,000,000 | |||||||||||||||||||||||||||||||||||||||||||
Interest per year on cash balance accounts | 4.00% | |||||||||||||||||||||||||||||||||||||||||||||||||
Employer matching contribution, percent | 6.00% | 5.00% | ||||||||||||||||||||||||||||||||||||||||||||||||
Employer contribution amount to 401k plans | 18,000,000 | 8,000,000 | 7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
Maximum annual contributions per employee, percent | 50.00% | 1.00% | 90.00% | 1.00% | ||||||||||||||||||||||||||||||||||||||||||||||
Employer matching contribution, percent of match | 100.00% | |||||||||||||||||||||||||||||||||||||||||||||||||
Postretirement medical account program, spending account, amount | 40,000 | 55,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
Unrealized net actuarial losses expected to be recognized in next fiscal year | (1,000,000) | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
Net periodic benefit cost: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Service cost | 0 | 0 | 1,000,000 | 2,000,000 | 3,000,000 | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
Interest cost | 2,000,000 | 1,000,000 | 1,000,000 | 32,000,000 | 2,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
Expected return on plan assets | (2,000,000) | 0 | 0 | (36,000,000) | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||
Net actuarial loss (gain) and prior service cost | (1,000,000) | 0 | 0 | 1,000,000 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||
Curtailments | (1,000,000) | (1,000,000) | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Settlements | (2,000,000) | (2,000,000) | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Net periodic benefit cost (income) | (4,000,000) | 1,000,000 | 2,000,000 | (1,000,000) | 5,000,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
Other changes in plan assets and benefit obligations recognized in accumulated other comprehensive loss: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net actuarial (gain) loss | 2,000,000 | (11,000,000) | 3,000,000 | 59,000,000 | 4,000,000 | 11,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
Total recognized in accumulated other comprehensive loss | 2,000,000 | (11,000,000) | 3,000,000 | 59,000,000 | 4,000,000 | 11,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
Change in plan assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Fair value of plan assets — beginning of period | 266,000,000 | 12,000,000 | 862,000,000 | 12,000,000 | 13,000,000 | 0 | 0 | 13,000,000 | 13,000,000 | |||||||||||||||||||||||||||||||||||||||||
Actual return on plan assets | 1,000,000 | 0 | 36,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
Employer contributions | 5,000,000 | 6,000,000 | 0 | 47,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
Settlements | (6,000,000) | (6,000,000) | 0 | (7,000,000) | 0 | |||||||||||||||||||||||||||||||||||||||||||||
Payments from plan assets | (1,000,000) | 0 | (39,000,000) | (1,000,000) | ||||||||||||||||||||||||||||||||||||||||||||||
Plan assets acquired in acquisitions | 78,000,000 | 0 | 1,078,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
Fair value of plan assets — end of period | 266,000,000 | 12,000,000 | 862,000,000 | 12,000,000 | 26,000,000 | 78,000,000 | 0 | 0 | 1,128,000,000 | 13,000,000 | 13,000,000 | |||||||||||||||||||||||||||||||||||||||
Change in benefit obligations: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Benefit obligations — beginning of period | 55,000,000 | 22,000,000 | 32,000,000 | 55,000,000 | 46,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
Service cost | 0 | 0 | 1,000,000 | 2,000,000 | 3,000,000 | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
Interest cost | 2,000,000 | 1,000,000 | 1,000,000 | 32,000,000 | 2,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
Actuarial (gain) loss | 2,000,000 | (11,000,000) | 59,000,000 | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
Benefit payments | (1,000,000) | 0 | (39,000,000) | (1,000,000) | ||||||||||||||||||||||||||||||||||||||||||||||
Plan amendments | (1,000,000) | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
Settlements | (6,000,000) | 0 | (7,000,000) | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
Benefit obligations assumed in acquisitions | 51,000,000 | 0 | 1,521,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
Foreign currency impact | 0 | 0 | (4,000,000) | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
Benefit obligations — end of period | 89,000,000 | 69,000,000 | 22,000,000 | 32,000,000 | 1,619,000,000 | 55,000,000 | 46,000,000 | |||||||||||||||||||||||||||||||||||||||||||
Net accrued costs: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Overfunded (underfunded) status of benefit obligations | 9,000,000 | (22,000,000) | (491,000,000) | (42,000,000) | ||||||||||||||||||||||||||||||||||||||||||||||
Pension and Other Postretirement Defined Benefit Plans, Liabilities [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Other long-term assets | 24,000,000 | 0 | 2,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
Other current liabilities | 1,000,000 | 1,000,000 | 1,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
Other long-term liabilities | 506,000,000 | 62,000,000 | 14,000,000 | 21,000,000 | 492,000,000 | 41,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
Amounts recognized in accumulated other comprehensive loss, net of taxes: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net actuarial gains (losses) and net prior service cost (benefit) | (2,000,000) | 4,000,000 | (48,000,000) | (10,000,000) | ||||||||||||||||||||||||||||||||||||||||||||||
Total amounts recognized in accumulated other comprehensive loss, net of taxes | (2,000,000) | 4,000,000 | (48,000,000) | (10,000,000) | ||||||||||||||||||||||||||||||||||||||||||||||
Plans with benefit obligations in excess of plan assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Aggregate projected benefit obligation (“PBO”) | 0 | 0 | 1,608,000,000 | 54,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
Aggregate accumulated benefit obligation (“ABO”) | 82,000,000 | 47,000,000 | 15,000,000 | 22,000,000 | 1,598,000,000 | 47,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
Defined Benefit Plan, Expected Future Benefit Payments, Fiscal Year Maturity [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||
2015 | 2,000,000 | 100,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
2016 | 2,000,000 | 95,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
2017 | 2,000,000 | 92,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
2018 | 2,000,000 | 93,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
2019 | 3,000,000 | 92,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
2020-2024 | 16,000,000 | 464,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
Defined Benefit Plan, Information about Plan Assets [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Weighted average asset allocation, Actual | 100.00% | 100.00% | 100.00% | 66.00% | 88.00% | 0.00% | 0.00% | 0.00% | 2.00% | 0.00% | 10.00% | |||||||||||||||||||||||||||||||||||||||
Weighted average asset allocation, Target | 100.00% | 100.00% | 100.00% | 53.00% | 88.00% | 7.00% | 0.00% | 0.00% | 2.00% | 0.00% | 10.00% | |||||||||||||||||||||||||||||||||||||||
Defined Benefit Plan, Assumptions Used in Calculations [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Current medical cost trend rate, Assumptions for Benefit Obligation | 8.00% | 8.33% | ||||||||||||||||||||||||||||||||||||||||||||||||
Current medical cost trend rate, Assumptions for Expense | 8.33% | 8.67% | 9.00% | |||||||||||||||||||||||||||||||||||||||||||||||
Ultimate medical cost trend rate, Assumptions for Benefit Obligation | 3.50% | 3.50% | ||||||||||||||||||||||||||||||||||||||||||||||||
Ultimate medical cost trend rate, Assumptions for Expense | 3.50% | 3.50% | 4.00% | |||||||||||||||||||||||||||||||||||||||||||||||
Medical cost trend rate decreases to ultimate trend rate in year | 2031 | 2031 | 2031 | 2031 | 2026 | |||||||||||||||||||||||||||||||||||||||||||||
Defined Benefit Plan, Effect of One-Percentage Point Change in Assumed Health Care Cost Trend Rates [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||
Effect on U.S. Post-Retirement benefit obligation, 1% Increase | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
Effect on U.S. Post-Retirement benefit obligation, 1% Decrease | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
Percentage effect on U.S. Post-Retirement benefit obligation, 1% Increase | 2.00% | |||||||||||||||||||||||||||||||||||||||||||||||||
Percentage effect on U.S. Post-Retirement benefit obligation, 1% Decrease | (2.00%) | |||||||||||||||||||||||||||||||||||||||||||||||||
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate | 4.00% | 4.40% | 3.38% | 4.10% | 4.75% | 1.00% | 1.00% | |||||||||||||||||||||||||||||||||||||||||||
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate | 3.50% | 4.50% | 4.60% | 4.25% | 4.75% | 4.25% | 5.75% | 1.00% | 1.25% | 1.50% | ||||||||||||||||||||||||||||||||||||||||
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase | 3.50% | 6.00% | 4.00% | 2.50% | 2.50% | |||||||||||||||||||||||||||||||||||||||||||||
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase | 3.50% | 6.00% | 5.00% | 3.50% | 2.50% | 2.00% | 2.50% | |||||||||||||||||||||||||||||||||||||||||||
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets | 5.40% | 7.30% | 3.00% | 4.00% | 1.50% | 2.00% | 2.00% | |||||||||||||||||||||||||||||||||||||||||||
|
X | ||||||||||
- Definition
The current trend rate for health care costs when calculating the net periodic benefit obligation. No definition available.
|
X | ||||||||||
- Definition
The ultimate trend rate for health care costs used when calculating the benefit obligation. No definition available.
|
X | ||||||||||
- Definition
The current trend rate for health care costs when calculating the net periodic benefit costs. No definition available.
|
X | ||||||||||
- Definition
Defined Benefit Plan, Effect of One Percentage Point Decrease on Accumulated Postretirement Benefit Obligation, Rate No definition available.
|
X | ||||||||||
- Definition
Defined Benefit Plan, Effect of One Percentage Point Increase on Accumulated Postretirement Benefit Obligation, Rate No definition available.
|
X | ||||||||||
- Definition
Interest per year on cash balance accounts No definition available.
|
X | ||||||||||
- Definition
Defined Benefit Plans Estimated Future Employer Contributions, Due In One Year No definition available.
|
X | ||||||||||
- Definition
Allocated spending account under retiree medical account program with levels depending on retiree's age. No definition available.
|
X | ||||||||||
- Definition
The total of net gain (loss), prior service cost (credit), and transition assets (obligations), as well as minimum pension liability if still remaining, included in accumulated other comprehensive income associated with a defined benefit pension or other postretirement plan(s) because they have yet to be recognized as components of net periodic benefit cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
After tax net amount of gain (loss) that are not yet recognized as a component of net periodic benefit cost, and that are recognized as increases (decreases) in other comprehensive income as they arise. No definition available.
|
X | ||||||||||
- Definition
The difference between fair value of plan assets at the end of the period and the fair value at the beginning of the period, adjusted for contributions and payments of benefits during the period, and after adjusting for taxes and other expenses, as applicable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of gain (loss) related to change in benefit obligation resulting from changes in actuarial assumptions, for example, but not limited to, interest, mortality, employee turnover, salary, and temporary deviation from the substantive plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of gains or losses recognized in net periodic benefit cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount before tax, after reclassification adjustments, of actuarial gain (loss) that has not been recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The amount for overfunded plans recognized in the balance sheet as a noncurrent asset associated with a defined benefit pension plan or other postretirement defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The interest rate used to adjust for the time value of money for the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Expected rate of compensation increases (for pay-related plans). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The interest rate used to adjust for the time value of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
An assumption as to the rate of return on plan assets reflecting the average rate of earnings expected on the funds invested or to be invested to provide for the benefits included in the benefit obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Expected rate of compensation increases (for pay-related plans). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
1) For defined benefit pension plans, the benefit obligation is the projected benefit obligation, which is the actuarial present value as of a date of all benefits attributed by the pension benefit formula to employee service rendered prior to that date. 2) For other postretirement defined benefit plans, the benefit obligation is the accumulated postretirement benefit obligation, which is the actuarial present value of benefits attributed to employee service rendered to a particular date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of payments made for which participants are entitled under a pension plan, including pension benefits, death benefits, and benefits due on termination of employment. Also includes payments made under a postretirement benefit plan, including prescription drug benefits, health care benefits, life insurance benefits, and legal, educational and advisory services. This item represents a periodic decrease to the plan obligations and a decrease to plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of increase in the benefit obligation attributed to business combinations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of increase in the plan assets attributed to a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The increase in the fair value of plan assets from contributions made by the employer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of effect of a one-percentage-point decrease in the assumed health care cost trend rates on the accumulated postretirement benefit obligation for health care benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The effect of a one-percentage-point increase in the assumed health care cost trend rates on the accumulated postretirement benefit obligation for health care benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of benefits from a defined benefit plan expected to be paid in the five fiscal years after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of benefits from a defined benefit plan expected to be paid in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of benefits from a defined benefit plan expected to be paid in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of benefits from a defined benefit plan expected to be paid in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of benefits from a defined benefit plan expected to be paid in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of benefits from a defined benefit plan expected to be paid in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Assets, usually stocks, bonds, and other investments, that have been segregated and restricted (usually in a trust) to provide benefits, at their fair value as of the measurement date. Plan assets include amounts contributed by the employer (and by employees for a contributory plan) and amounts earned from investing the contributions, less benefits paid. If a plan has liabilities other than for benefits, those non-benefit obligations may be considered as reductions of plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of gain (loss) from foreign currency exchange rate changes for benefit obligation for plans of a foreign operation whose functional currency is not the reporting currency. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The funded status is measured as the difference between the fair value of plan assets and the benefit obligation. Will normally be the same as the net Defined Benefit Plan, Amounts Recognized in Balance Sheet, Total. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount included in accumulated other comprehensive income (AOCI) related to gain (loss) expected to be recognized as components of net periodic benefit cost for the fiscal year that follows the most recent annual statement of financial position. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The total amount of net periodic benefit cost for defined benefit plans for the period. Periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
If aggregate disclosures are presented, the aggregate pension accumulated benefit obligation for pension plans with accumulated benefit obligations in excess of plan assets as of the measurement date of each statement of financial position presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
If aggregate disclosures are presented, the aggregate projected benefit obligation for pension plans with accumulated benefit obligations in excess of plan assets as of the measurement date of each statement of financial position presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of increase or decrease due to a change in the terms of an existing plan or the initiation of a new plan. A plan amendment may increase or decrease benefits, including those attributed to years of service already rendered. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net gain (loss) recognized in net periodic benefit cost as a result of an event that significantly reduces the expected years of future service of present employees or eliminates for a significant number of employees the accrual of defined benefits for some or all of their future services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of net gain (loss) recognized in net periodic benefit cost as a result of an irrevocable action that relieves the employer (or the plan) of primary responsibility for a benefit obligation and eliminates significant risks related to the obligation and the assets used to effect the settlement. Examples of transactions that constitute a settlement include, but are not limited to, lump-sum cash payments to plan participants in exchange for their rights to receive specified benefits and purchasing nonparticipating annuity contracts to cover vested benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of decrease that relates to an irrevocable action that relieves the employer (or the plan) of primary responsibility for a benefit obligation and eliminates significant risks related to the obligation and the assets used to effect the settlement. Examples of transactions that constitute a settlement include (a) making lump-sum cash payments to plan participants in exchange for their rights to receive specified benefits and (b) purchasing nonparticipating annuity contracts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount that relates to an irrevocable action that relieves the employer (or the plan) of primary responsibility for a benefit obligation and eliminates significant risks related to the obligation and the assets used to effect the settlement. Examples of transactions that constitute a settlement include (a) making lump-sum cash payments to plan participants in exchange for their rights to receive specified benefits and (b) purchasing nonparticipating annuity contracts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Target allocation of investments of this type to total plan assets presented on a weighted average basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The ultimate trend rate for health care costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Percentage of fair value of investments (categorized by debt securities, equity securities, real estate and other plan assets) to the fair value of plan assets held. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Year the ultimate health care cost trend rate is expected to be reached, in CCYY format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of discretionary contributions made by an employer to a defined contribution plan. No definition available.
|
X | ||||||||||
- Definition
Percentage of employees' gross pay for which the employer contributes a matching contribution to a defined contribution plan. No definition available.
|
X | ||||||||||
- Definition
Percentage employer matches of the employee's percentage contribution matched. No definition available.
|
X | ||||||||||
- Definition
Maximum percentage of employee gross pay the employee may contribute to a defined contribution plan. No definition available.
|
X | ||||||||||
- Definition
Amount before tax, after reclassification adjustments, of (increase) decrease in accumulated other comprehensive (income) loss related to pension and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
For a classified balance sheet, the amount recognized in balance sheet as a current liability associated with an underfunded defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
This represents the noncurrent liability for underfunded plans recognized in the balance sheet that is associated with the defined benefit pension plans and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Retirement Plans and Post-Retirement Benefits - Fair Value Of Plan Assets (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
||||||||||||
Level 1
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | $ 266 | $ 12 | ||||||||||||
Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 862 | |||||||||||||
Level 3
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Cash and cash equivalents | Level 1
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 27 | [1] | ||||||||||||
Cash and cash equivalents | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Cash and cash equivalents | Level 3
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
U.S. equity securities | Level 1
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 142 | [2] | ||||||||||||
U.S. equity securities | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
U.S. equity securities | Level 3
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Non-U.S. equity securities | Level 1
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 97 | [2] | ||||||||||||
Non-U.S. equity securities | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Non-U.S. equity securities | Level 3
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
U.S. treasuries | Level 1
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
U.S. treasuries | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 28 | [3] | ||||||||||||
U.S. treasuries | Level 3
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Corporate bonds | Level 1
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Corporate bonds | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 438 | [3] | ||||||||||||
Corporate bonds | Level 3
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Asset-backed and mortgage-backed securities | Level 1
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Asset-backed and mortgage-backed securities | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 6 | [3] | ||||||||||||
Asset-backed and mortgage-backed securities | Level 3
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Agency-backed bonds | Level 1
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Agency-backed bonds | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 2 | [3] | ||||||||||||
Agency-backed bonds | Level 3
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Municipal bonds | Level 1
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Municipal bonds | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 26 | [3] | ||||||||||||
Municipal bonds | Level 3
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | ||||||||||||||
Government bonds | Level 1
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Government bonds | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 29 | [3] | ||||||||||||
Government bonds | Level 3
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Commingled funds - equities | Level 1
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Commingled funds - equities | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 145 | [4] | ||||||||||||
Commingled funds - equities | Level 3
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Commingled funds - bonds | Level 1
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
Commingled funds - bonds | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 188 | [5] | ||||||||||||
Commingled funds - bonds | Level 3
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 0 | |||||||||||||
United States Pension Plan of US Entity [Member] | Equity Securities
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Target asset allocation percent | 40.00% | |||||||||||||
United States Pension Plan of US Entity [Member] | Fixed Income Securities
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Target asset allocation percent | 52.50% | |||||||||||||
United States Pension Plan of US Entity [Member] | Real Estate Securities
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Target asset allocation percent | 7.50% | |||||||||||||
Pension Benefits
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Actual plan asset allocation | 100.00% | 100.00% | ||||||||||||
Target asset allocation percent | 100.00% | 100.00% | ||||||||||||
Fair value of pension plan assets | 1,128 | 13 | 13 | |||||||||||
Pension benefit obligations | 1,619 | 55 | 46 | |||||||||||
Plans with benefit obligations in excess of plan assets: | ||||||||||||||
Projected benefit obligations | (1,608) | (54) | ||||||||||||
Accumulated benefit obligations | (1,598) | (47) | ||||||||||||
Fair value of plan assets | 1,114 | 13 | ||||||||||||
Plans with benefit obligations less than plan assets: | ||||||||||||||
Projected benefit obligations | 11 | 0 | ||||||||||||
Accumulated benefit obligations | 11 | 0 | ||||||||||||
Fair value of plan assets | 14 | 0 | ||||||||||||
Pension Benefits | Equity Securities
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Actual plan asset allocation | 34.00% | 0.00% | ||||||||||||
Target asset allocation percent | 40.00% | 0.00% | ||||||||||||
Post-Retirement Benefits
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Fair value of pension plan assets | 78 | 0 | 0 | |||||||||||
Pension benefit obligations | 69 | 22 | 32 | |||||||||||
Plans with benefit obligations in excess of plan assets: | ||||||||||||||
Projected benefit obligations | 0 | 0 | ||||||||||||
Accumulated benefit obligations | (15) | (22) | ||||||||||||
Fair value of plan assets | 0 | 0 | ||||||||||||
Plans with benefit obligations less than plan assets: | ||||||||||||||
Projected benefit obligations | 0 | 0 | ||||||||||||
Accumulated benefit obligations | 54 | 0 | ||||||||||||
Fair value of plan assets | $ 78 | $ 0 | ||||||||||||
Post-Retirement Benefits | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Actual plan asset allocation | 100.00% | |||||||||||||
Target asset allocation percent | 100.00% | |||||||||||||
Post-Retirement Benefits | Equity Securities
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Target asset allocation percent | 40.00% | |||||||||||||
Post-Retirement Benefits | Fixed Income Securities
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Target asset allocation percent | 60.00% | |||||||||||||
Post-Retirement Benefits | Commingled funds - bonds | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Actual plan asset allocation | 60.00% | |||||||||||||
Target asset allocation percent | 60.00% | |||||||||||||
Post-Retirement Benefits | Commingled funds - U.S. equities | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Actual plan asset allocation | 20.00% | |||||||||||||
Target asset allocation percent | 30.00% | |||||||||||||
Post-Retirement Benefits | Commingled funds - Non-U.S. equities | Level 2
|
||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ||||||||||||||
Actual plan asset allocation | 20.00% | |||||||||||||
Target asset allocation percent | 10.00% | |||||||||||||
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Defined benefit plan pension plans with accumulated benefit obligations less than plan assets aggregate accumulated benefit obligation. No definition available.
|
X | ||||||||||
- Definition
Defined benefit plan pension plans with accumulated benefit obligations less than plan assets aggregate fair value of plan assets. No definition available.
|
X | ||||||||||
- Definition
Defined benefit plan pension plans with accumulated benefit obligations less than assets aggregate projected benefit obligation. No definition available.
|
X | ||||||||||
- Definition
1) For defined benefit pension plans, the benefit obligation is the projected benefit obligation, which is the actuarial present value as of a date of all benefits attributed by the pension benefit formula to employee service rendered prior to that date. 2) For other postretirement defined benefit plans, the benefit obligation is the accumulated postretirement benefit obligation, which is the actuarial present value of benefits attributed to employee service rendered to a particular date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Assets, usually stocks, bonds, and other investments, that have been segregated and restricted (usually in a trust) to provide benefits, at their fair value as of the measurement date. Plan assets include amounts contributed by the employer (and by employees for a contributory plan) and amounts earned from investing the contributions, less benefits paid. If a plan has liabilities other than for benefits, those non-benefit obligations may be considered as reductions of plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
If aggregate disclosures are presented, the aggregate pension accumulated benefit obligation for pension plans with accumulated benefit obligations in excess of plan assets as of the measurement date of each statement of financial position presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
If aggregate disclosures are presented, the aggregate fair value of plan assets for pension plans with accumulated benefit obligations in excess of plan assets as of the measurement date of each statement of financial position presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
If aggregate disclosures are presented, the aggregate projected benefit obligation for pension plans with accumulated benefit obligations in excess of plan assets as of the measurement date of each statement of financial position presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Target allocation of investments of this type to total plan assets presented on a weighted average basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Percentage of fair value of investments (categorized by debt securities, equity securities, real estate and other plan assets) to the fair value of plan assets held. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Borrowings (Details Textuals) (USD $)
|
3 Months Ended | 12 Months Ended | 0 Months Ended | 6 Months Ended | 12 Months Ended | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
Nov. 02, 2014
Term loan
2014 Credit Agreement [Member]
|
May 06, 2014
Term loan
2014 Credit Agreement [Member]
|
May 06, 2014
Convertible Senior Notes
Convertible Senior Notes Due 2021
D
|
Nov. 02, 2014
Convertible Senior Notes
Convertible Senior Notes Due 2021
|
Nov. 02, 2014
Convertible Senior Notes
Convertible Senior Notes Due 2021
|
Nov. 02, 2014
Revolving Credit Facility 2013
|
Nov. 03, 2013
Revolving Credit Facility
|
|
Debt Instrument [Line Items] | ||||||||||||||||||
Proceeds from issuance of convertible senior notes | $ 1,000,000,000 | $ 0 | $ 0 | $ 1,000,000,000 | ||||||||||||||
Interest rate | 1.75% | 2.00% | ||||||||||||||||
Debt Instrument, Convertible, Conversion Ratio | 20.8160 | 20.8279 | ||||||||||||||||
Principal amount basis for Conversion Rate of Convertible Notes | 1,000 | |||||||||||||||||
Debt Instrument, Convertible, Conversion Price | $ 48.04 | $ 48.01 | $ 48.01 | |||||||||||||||
Debt Instrument, Covenant Compliance, Dividend Threshold For Adjustment Of Conversion Price | $ 0.27 | |||||||||||||||||
Debt instrument, repurchase percentage of principal amount of the Notes | 100.00% | |||||||||||||||||
Debt Instrument, Convertible, Threshold Trading Days | 20 | |||||||||||||||||
Debt Instrument, Convertible, Threshold Consecutive Trading Days | 30 days | |||||||||||||||||
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger | 150.00% | |||||||||||||||||
Debt Instrument, Convertible, Carrying Amount of Equity Component | 85,000,000 | 85,000,000 | ||||||||||||||||
Net carrying amount | 915,000,000 | 920,000,000 | 920,000,000 | |||||||||||||||
Effective interest rate | 4.15% | 3.32% | ||||||||||||||||
Extinguishment of Debt, Amount | 575,000,000 | 300,000,000 | ||||||||||||||||
Loss on extinguishment of debt | 0 | 0 | 0 | 0 | 1,000,000 | 0 | 0 | 0 | 0 | 1,000,000 | 0 | |||||||
Debt Instrument, Convertible, Remaining Discount Amortization Period | 6 years 9 months 18 days | |||||||||||||||||
Convertible Debt, Fair Value Disclosures | 871,000,000 | 871,000,000 | ||||||||||||||||
Long-term debt | 5,589,000,000 | 5,589,000,000 | ||||||||||||||||
Amount outstanding | 0 | 0 | ||||||||||||||||
Interest Expense | 54,000,000 | 55,000,000 | 1,000,000 | 0 | 0 | 1,000,000 | 1,000,000 | 0 | 110,000,000 | 2,000,000 | 1,000,000 | |||||||
Interest expense, debt, excluding amortization | 10,000,000 | |||||||||||||||||
Amortization of Debt Discount (Premium) | $ 5,000,000 |
X | ||||||||||
- Definition
Debt Instrument, Covenant Compliance, Dividend Threshold For Adjustment Of Conversion Price No definition available.
|
X | ||||||||||
- Definition
Debt instrument, repurchase percentage of principal amount of the Notes No definition available.
|
X | ||||||||||
- Definition
Principal Amount basis for Conversion Rate of Convertible Notes No definition available.
|
X | ||||||||||
- Definition
Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Including the current and noncurrent portions, carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Fair value portion of borrowing which can be exchanged for a specified number of another security at the option of the issuer or the holder, for example, but not limited to, the entity's common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The carrying amount of the equity component of convertible debt which may be settled in cash upon conversion. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Ratio applied to the conversion of debt instrument into equity with equity shares divided by debt principal amount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Remaining amortization period for discount on the liability component of convertible debt which may be settled in cash upon conversion, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Threshold period of specified consecutive trading days within which common stock price to conversion price of convertible debt instruments must exceed threshold percentage for a specified number of trading days to trigger conversion feature, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
X | ||||||||||
- Definition
Minimum percentage of common stock price to conversion price of convertible debt instruments to determine eligibility of conversion. No definition available.
|
X | ||||||||||
- Definition
Threshold number of specified trading days that common stock price to conversion price of convertible debt instruments must exceed threshold percentage within a specified consecutive trading period to trigger conversion feature. No definition available.
|
X | ||||||||||
- Definition
Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Gross amount of debt extinguished. No definition available.
|
X | ||||||||||
- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Represents the portion of interest incurred in the period on debt arrangements that was charged against earnings, excluding amortization of debt discount (premium) and financing costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash inflow from the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Borrowings (Principal Balance) (Details) (Convertible Senior Notes, Convertible Senior Notes Due 2021, USD $)
In Millions, unless otherwise specified |
Nov. 02, 2014
|
May 06, 2014
|
|||
---|---|---|---|---|---|
Convertible Senior Notes | Convertible Senior Notes Due 2021
|
|||||
Debt Instrument [Line Items] | |||||
Principal balance | $ 1,000 | ||||
Less: unamortized debt discount | 80 | [1] | |||
Net carrying amount | $ 920 | $ 915 | |||
|
X | ||||||||||
- Definition
Including the current and noncurrent portions, carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Borrowings (2014 Term Loan and Revolving Credit Facility) (Details) (2014 Credit Agreement [Member], USD $)
|
0 Months Ended | 12 Months Ended |
---|---|---|
May 06, 2014
|
Nov. 02, 2014
|
|
Term loan
|
||
Debt Instrument [Line Items] | ||
Term Loan Facility | $ 4,600,000,000 | |
Term | 7 years | |
Amount outstanding | 4,600,000,000 | |
Effective interest rate | 4.15% | |
Interest rate | 1.75% | |
Amortization of debt issuance costs | 7,000,000 | |
Term loan | Statutory Reserve Rate
|
||
Debt Instrument [Line Items] | ||
Interest rate | 0.75% | |
Line of Credit | US Federal Funds Rate
|
||
Debt Instrument [Line Items] | ||
Basis spread on variable rate | 0.50% | |
Line of Credit | Adjusted London Interbank Offered Rate (LIBOR)
|
||
Debt Instrument [Line Items] | ||
Basis spread on variable rate | 1.00% | |
Term Loan And Line Of Credit
|
||
Debt Instrument [Line Items] | ||
Maximum borrowing capacity | 6,700,000,000 | |
Current borrowing capacity | 5,100,000,000 | |
Unamortized debt issuance costs | 115,000,000 | |
Revolving Credit Facility | Line of Credit
|
||
Debt Instrument [Line Items] | ||
Maximum borrowing capacity | 500,000,000 | |
Term | 5 years | |
Amortization of debt issuance costs | 2,000,000 | |
Bridge Loan | Line of Credit
|
||
Debt Instrument [Line Items] | ||
Maximum borrowing capacity | 75,000,000 | |
Letter of Credit | Line of Credit
|
||
Debt Instrument [Line Items] | ||
Maximum borrowing capacity | $ 100,000,000 | |
Minimum | Revolving Credit Facility | Line of Credit
|
||
Debt Instrument [Line Items] | ||
Percent drawn, trigger | 30.00% |
X | ||||||||||
- Definition
Line Of Credit Facility, Covenant Compliance, Percent Drawn Trigger No definition available.
|
X | ||||||||||
- Definition
Term Loan Facility No definition available.
|
X | ||||||||||
- Definition
Term loan outstanding amount No definition available.
|
X | ||||||||||
- Definition
Amount of noncash expense included in interest expense to issue debt and obtain financing associated with the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
|
X | ||||||||||
- Definition
Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
X | ||||||||||
- Definition
Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Borrowings (Future Principal Payments of Debt) (Details) (USD $)
In Millions, unless otherwise specified |
Nov. 02, 2014
|
---|---|
Debt Disclosure [Abstract] | |
2015 | $ 46 |
2016 | 46 |
2017 | 46 |
2018 | 46 |
2019 | 46 |
Thereafter | 5,359 |
Total | $ 5,589 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Borrowings (Details) (USD $)
In Millions, unless otherwise specified |
Nov. 02, 2014
|
---|---|
Debt Instrument [Line Items] | |
Amount outstanding | $ 0 |
Long-term debt | $ 5,589 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Borrowings (Details 2) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Line of Credit Facility [Line Items] | |||||||||||
Amount outstanding | $ 0 | $ 0 | |||||||||
Loss on extinguishment of debt | $ 0 | $ 0 | $ 0 | $ 0 | $ 1 | $ 0 | $ 0 | $ 0 | $ 0 | $ 1 | $ 0 |
X | ||||||||||
- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Borrowings (Details 3) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Debt Instrument [Line Items] | |||||||||||
Loss on extinguishment of debt | $ 0 | $ 0 | $ 0 | $ 0 | $ 1 | $ 0 | $ 0 | $ 0 | $ 0 | $ 1 | $ 0 |
Amount outstanding | $ 0 | $ 0 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Shareholders' Equity (Share Repurchase Program and Dividends) (Details) (USD $)
In Millions, except Share data, unless otherwise specified |
12 Months Ended | 12 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
Nov. 02, 2014
2013 Share Repurchase Plan
|
Nov. 03, 2013
2013 Share Repurchase Plan
|
Apr. 10, 2013
2013 Share Repurchase Plan
|
Nov. 02, 2014
2014 Share Repurchase Plan
|
Apr. 09, 2014
2014 Share Repurchase Plan
|
|
Equity, Class of Treasury Stock [Line Items] | ||||||||
Repurchase of outstanding ordinary shares | 20,000,000 | |||||||
Stock Repurchased, shares | 300,000 | 1,900,000 | 0 | |||||
Repurchase of shares in cash | $ 12 | $ 95 | $ 110 | $ 12 | $ 71 | |||
Weighted average price per share | $ 43.50 | $ 38.35 | ||||||
Shares available under share repurchase program | 25,000,000 | |||||||
Shareholders Equity (Textuals) [Abstract] | ||||||||
Cash dividend paid, per share | $ 1.13 | $ 0.80 | $ 0.56 | |||||
Dividends paid during the fiscal year | $ 284 | $ 198 | $ 137 |
X | ||||||||||
- Definition
Aggregate dividends paid during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Number of shares that have been repurchased and retired during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The number of shares authorized to be repurchased by an entity's Board of Directors under a stock repurchase plan. No definition available.
|
X | ||||||||||
- Definition
The remaining number of shares authorized to be repurchased by an entity's Board of Directors under a stock repurchase plan. No definition available.
|
X | ||||||||||
- Definition
Total cost of shares repurchased divided by the total number of shares repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Shareholders' Equity (Equity Incentive Award Plans) (Details)
|
12 Months Ended | 1 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 0 Months Ended | 12 Months Ended | 19 Months Ended | 12 Months Ended | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 01, 2005
plans
|
Nov. 02, 2014
Restricted Stock Units (RSUs)
|
Nov. 03, 2013
Employee Stock Option
|
Oct. 28, 2012
Employee Stock Option
|
Dec. 01, 2005
Stock Compensation Plan
|
Dec. 31, 2005
Equity Incentive Plans [Member]
Stock Compensation Plan, Nonemployees
|
Nov. 02, 2014
Equity Incentive Plans [Member]
Stock Compensation Plan, Nonemployees
|
Dec. 31, 2005
Equity Incentive Plans [Member]
Stock Compensation Plan
|
Nov. 02, 2014
Executive Plan
Stock Compensation Plan
|
Nov. 02, 2014
Senior Management Plan
Stock Compensation Plan
|
Nov. 02, 2014
2009 Plan
Stock Compensation Plan, Nonemployees
|
Nov. 02, 2014
2009 Plan
Employee Stock Option
|
Oct. 30, 2012
2009 Plan
Stock Compensation Plan
|
Nov. 02, 2014
2009 Plan
Stock Compensation Plan
|
Feb. 28, 2011
2009 Plan
Stock Compensation Plan
|
Jul. 31, 2009
2009 Plan
Stock Compensation Plan
|
Nov. 02, 2014
LSI acquisition
Stock Options And Restricted Stock Units
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||||||||||
Number of equity-based compensation plans | 2 | ||||||||||||||||
Number of shares authorized | 30,000,000 | 20,000,000 | |||||||||||||||
Options vested rate | 20.00% | 20.00% | |||||||||||||||
Expected term (in years) | 5 years | 5 years | 5 years | 5 years | 10 years | 5 years | 7 years | 10 years | |||||||||
Annual increase, number of shares | 6,000,000 | ||||||||||||||||
Annual increase, rate | 3.00% | ||||||||||||||||
Maximum number of shares authorized after annual increase adjustments | 90,000,000 | ||||||||||||||||
Options vesting period | 4 years | 4 years | 4 years | ||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Maximum yearly grant | 4,000,000 |
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Award Vest Rate per Year No definition available.
|
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, the maximum number of shares a single participant may get in one year No definition available.
|
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Number of Plans No definition available.
|
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized, Adjusted No definition available.
|
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized, Annual Increase No definition available.
|
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized, Annual Increase Rate No definition available.
|
X | ||||||||||
- Definition
Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The maximum number of shares (or other type of equity) originally approved (usually by shareholders and board of directors), net of any subsequent amendments and adjustments, for awards under the equity-based compensation plan. As stock or unit options and equity instruments other than options are awarded to participants, the shares or units remain authorized and become reserved for issuance under outstanding awards (not necessarily vested). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Shareholders' Equity (Equity Incentive Award Activity) (Details) (USD $)
In Millions, except Share data, unless otherwise specified |
12 Months Ended | 12 Months Ended | 12 Months Ended | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
Nov. 02, 2014
Restricted Stock Units (RSUs)
|
Nov. 03, 2013
Restricted Stock Units (RSUs)
|
Dec. 01, 2005
Stock Compensation Plan
|
Nov. 02, 2014
2009 Plan
Restricted Stock Units (RSUs)
|
Nov. 03, 2013
2009 Plan
Restricted Stock Units (RSUs)
|
Oct. 28, 2012
2009 Plan
Restricted Stock Units (RSUs)
|
Jul. 31, 2009
2009 Plan
Stock Compensation Plan
|
Nov. 02, 2014
LSI acquisition
|
Nov. 02, 2014
LSI acquisition
Restricted Stock Units (RSUs)
|
Nov. 02, 2014
LSI acquisition
Stock Options And Restricted Stock Units
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||||||
Vesting period | 4 years | 4 years | |||||||||||
Expiration period | 7 years | ||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward] | |||||||||||||
Number Outstanding, Beginning Balance | 22,000,000 | 20,000,000 | 19,000,000 | ||||||||||
Weighted-Average Exercise Price Per Share, Beginning Balance | $ 29.81 | $ 22.45 | $ 17.93 | ||||||||||
Granted, Number Outstanding | 13,000,000 | 9,000,000 | 5,000,000 | ||||||||||
Granted, Weighted-Average Exercise Price Per Share | $ 65.79 | $ 36.63 | $ 34.79 | ||||||||||
Assumed in LSI acquisition, number | 1,000,000 | ||||||||||||
Assumed in LSI acquisition, Weighted Average Exercise Price | $ 40.26 | ||||||||||||
Exercised, Number Outstanding | (5,000,000) | (6,000,000) | (3,000,000) | ||||||||||
Exercised, Weighted-Average Exercise Price Per Share | $ 25.03 | $ 16.02 | $ 13.24 | ||||||||||
Cancelled, Number Outstanding | (2,000,000) | (1,000,000) | (1,000,000) | ||||||||||
Cancelled, Weighted-Average Exercise Price Per Share | $ 53.02 | $ 27.57 | $ 23.98 | ||||||||||
Number Outstanding, Ending Balance | 29,000,000 | 22,000,000 | 20,000,000 | ||||||||||
Weighted-Average Exercise Price Per Share, Ending Balance | $ 44.97 | $ 29.81 | $ 22.45 | ||||||||||
Weighted-Average Remaining Contractual Life, Ending Balance | 4 years 10 months 5 days | ||||||||||||
Aggregate Intrinsic Value, Beginning Balance | $ 1,209 | ||||||||||||
Vested, Number Outstanding | 8,000,000 | ||||||||||||
Vested, Weighted-Average Exercise Price per Share | $ 25.54 | ||||||||||||
Vested, Weighted-Average Remaining Contractual LIfe | 2 years 4 months 6 days | ||||||||||||
Vested, Aggregate Intrinsic Value | 507 | ||||||||||||
Vested and expected to vest, Number Outstanding | 28,000,000 | ||||||||||||
Vested and expected to vest, Weighted-Average Exercise Price Per Share | $ 44.34 | ||||||||||||
Vested and expected to vest, Weighted-Average Remaining Contractual Life | 4 years 9 months 12 days | ||||||||||||
Vested and expected to vest, Aggregate Intrinsic Value | 1,171 | ||||||||||||
Total intrinsic value of options exercised | $ 204 | $ 130 | $ 62 | ||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward] | |||||||||||||
Beginning balance, number outstanding | 2,000,000 | 1,000,000 | |||||||||||
Beginning balance, Weighted Average Grant Date Fair Market Value | $ 34.38 | $ 32.69 | |||||||||||
Granted, number outstanding | 1,000,000 | 1,000,000 | |||||||||||
Granted, Weighted-Average Grant Date Fair Market Value | $ 64.92 | $ 35.69 | $ 65.15 | $ 35.69 | $ 34.66 | ||||||||
Assumed in LSI acquisition, number | 3,000,000 | ||||||||||||
Assumed in LSI acquisition, Weighted Average Grant Date Fair Value | $ 35.22 | ||||||||||||
Vested, number outstanding | (1,000,000) | ||||||||||||
Vested, Weighted-Average Grant Date Fair Market Value | $ 32.87 | ||||||||||||
Forfeited, number outstanding | (1,000,000) | ||||||||||||
Forfeited, Weighted-Average Grant Date Fair Market Value | $ 19.42 | ||||||||||||
Ending balance, number outstanding | 4,000,000 | 2,000,000 | |||||||||||
Ending balance, Weighted Average Grant Date Fair Market Value | $ 48.82 | $ 34.38 | |||||||||||
Weighted Average Remaining Contractual Life (in years) | 2 years 8 months 20 days | ||||||||||||
RSU prior year activity | RSU activity and the number of outstanding RSUs were not material for fiscal year 2012 | ||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract] | |||||||||||||
Shares authorized under 2009 Plan | 30,000,000 | 20,000,000 |
X | ||||||||||
- Definition
RSU prior year activity No definition available.
|
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Assumed In Acquisition, Number No definition available.
|
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Assumed In Acquisition, Weighted Average Grant Date Fair Value No definition available.
|
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Options, Assumed In Acquisition, Number No definition available.
|
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Options, Assumed In Acquisition, Weighted Average Exercise Price No definition available.
|
X | ||||||||||
- Definition
Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Weighted average remaining contractual term for equity-based awards excluding options, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Period from grant date that an equity-based award expires, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The maximum number of shares (or other type of equity) originally approved (usually by shareholders and board of directors), net of any subsequent amendments and adjustments, for awards under the equity-based compensation plan. As stock or unit options and equity instruments other than options are awarded to participants, the shares or units remain authorized and become reserved for issuance under outstanding awards (not necessarily vested). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Weighted average remaining contractual term for vested portions of options outstanding and currently exercisable or convertible, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of accumulated difference between fair value of underlying shares on dates of exercise and exercise price on options exercised (or share units converted) into shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Gross number of share options (or share units) granted during the period. No definition available.
|
X | ||||||||||
- Definition
Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Number of options outstanding, including both vested and non-vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount by which the current fair value of the underlying stock exceeds the exercise price of fully vested and expected to vest options outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
As of the balance sheet date, the number of shares into which fully vested and expected to vest stock options outstanding can be converted under the option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
As of the balance sheet date, the weighted-average exercise price for outstanding stock options that are fully vested or expected to vest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Weighted average remaining contractual term for fully vested and expected to vest options outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Weighted average price at which option holders acquired shares when converting their stock options into shares. No definition available.
|
X | ||||||||||
- Definition
Weighted average price at which grantees could have acquired the underlying shares with respect to stock options that were terminated. No definition available.
|
X | ||||||||||
- Definition
Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options. No definition available.
|
X | ||||||||||
- Definition
Number of share options (or share units) exercised during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Shareholders' Equity (Significant Ranges of Outstanding and Exercisable Awards) (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified |
12 Months Ended |
---|---|
Nov. 02, 2014
|
|
Ranges of outstanding and exercisable awards | |
Number Outstanding | 29 |
Weighted-Average Remaining Contractual Life (in years) | 4 years 10 months 5 days |
Weighted- Average Exercise Price per Share | $ 44.97 |
Number Exercisable | 8 |
Weighted- Average Exercise Price per Share | $ 25.54 |
Vested, Weighted-Average Exercise Price per Share | $ 25.54 |
$1.25-$20.00
|
|
Ranges of outstanding and exercisable awards | |
Exercise Prices, Minimum | $ 1.25 |
Exercise Prices, Maximum | $ 20.00 |
Number Outstanding | 3 |
Weighted-Average Remaining Contractual Life (in years) | 23 days |
Weighted- Average Exercise Price per Share | $ 11.93 |
Number Exercisable | 3 |
Weighted- Average Exercise Price per Share | $ 11.99 |
$20.01-$30.00
|
|
Ranges of outstanding and exercisable awards | |
Exercise Prices, Minimum | $ 20.01 |
Exercise Prices, Maximum | $ 30.00 |
Number Outstanding | 1 |
Weighted-Average Remaining Contractual Life (in years) | 4 months 8 days |
Weighted- Average Exercise Price per Share | $ 21.02 |
Number Exercisable | 1 |
Weighted- Average Exercise Price per Share | $ 20.82 |
$30.01-$40.00
|
|
Ranges of outstanding and exercisable awards | |
Exercise Prices, Minimum | $ 30.01 |
Exercise Prices, Maximum | $ 40.00 |
Number Outstanding | 13 |
Weighted-Average Remaining Contractual Life (in years) | 4 years 9 months 22 days |
Weighted- Average Exercise Price per Share | $ 35.57 |
Number Exercisable | 4 |
Weighted- Average Exercise Price per Share | $ 34.53 |
$40.01-$60.00
|
|
Ranges of outstanding and exercisable awards | |
Exercise Prices, Minimum | $ 40.01 |
Exercise Prices, Maximum | $ 60.00 |
Number Outstanding | 2 |
Weighted-Average Remaining Contractual Life (in years) | 5 years 11 months 20 days |
Weighted- Average Exercise Price per Share | $ 50.37 |
Number Exercisable | 0 |
Weighted- Average Exercise Price per Share | $ 0 |
$60.01-$70.00
|
|
Ranges of outstanding and exercisable awards | |
Exercise Prices, Minimum | $ 60.01 |
Exercise Prices, Maximum | $ 70.00 |
Number Outstanding | 5 |
Weighted-Average Remaining Contractual Life (in years) | 6 years 4 months 2 days |
Weighted- Average Exercise Price per Share | $ 62.13 |
Number Exercisable | 0 |
Weighted- Average Exercise Price per Share | $ 0 |
$70.01-$89.00
|
|
Ranges of outstanding and exercisable awards | |
Exercise Prices, Minimum | $ 70.01 |
Exercise Prices, Maximum | $ 89.00 |
Number Outstanding | 5 |
Weighted-Average Remaining Contractual Life (in years) | 6 years 7 months 18 days |
Weighted- Average Exercise Price per Share | $ 73.02 |
Number Exercisable | 0 |
Weighted- Average Exercise Price per Share | $ 0 |
X | ||||||||||
- Definition
The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Weighted average exercise price as of the balance sheet date for those equity-based payment arrangements exercisable and outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The floor of a customized range of exercise prices for purposes of disclosing shares potentially issuable under outstanding stock option awards on all stock option plans and other required information pertaining to awards in the customized range. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The number of shares reserved for issuance pertaining to the outstanding exercisable stock options as of the balance sheet date in the customized range of exercise prices for which the market and performance vesting condition has been satisfied. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The number of shares reserved for issuance pertaining to the outstanding stock options as of the balance sheet date for all option plans in the customized range of exercise prices. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The weighted average price as of the balance sheet date at which grantees could acquire the underlying shares with respect to all outstanding stock options which are in the customized range of exercise prices. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The ceiling of a customized range of exercise prices for purposes of disclosing shares potentially issuable under outstanding stock option awards on all stock option plans and other required information pertaining to awards in the customized range. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Shareholders' Equity (Employee Share Purchase Plan) (Details) (USD $)
In Millions, unless otherwise specified |
6 Months Ended | 12 Months Ended | ||
---|---|---|---|---|
Mar. 14, 2014
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Allocated share-based compensation expense | $ 153 | $ 77 | $ 53 | |
Purchase Period for ESPP | 6 months | |||
ESPP
|
||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Price of stock as a percent of FMV of ordinary shares | 85.00% | |||
Amounts paid for share purchases under ESPP | 7 | |||
Allocated share-based compensation expense | 3 | 3 | ||
ESPP Program
|
||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Period for recognition, months | 4 months | |||
ESPP Program | ESPP
|
||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Number of additional shares authorized | 2 | |||
Share purchased under ESPP | 0.2 | 0.2 | 0.2 | |
Amounts paid for share purchases under ESPP | 8 | 7 | ||
Allocated share-based compensation expense | $ 3 |
X | ||||||||||
- Definition
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition, Months No definition available.
|
X | ||||||||||
- Definition
Purchase Period for ESPP No definition available.
|
X | ||||||||||
- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Number of additional shares authorized for issuance under an established share-based compensation plan. No definition available.
|
X | ||||||||||
- Definition
Purchase price of common stock expressed as a percentage of its fair value. No definition available.
|
X | ||||||||||
- Definition
Number of shares issued during the period as a result of an employee stock purchase plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Aggregate change in value for stock issued during the period as a result of employee stock purchase plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Shareholders' Equity (Share Based Compensation Expense) (Details Textuals) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Allocated share-based compensation expense | $ 153 | $ 77 | $ 53 |
Market-based Options
|
|||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Allocated share-based compensation expense | 33 | 5 | |
Restricted Stock Units (RSUs)
|
|||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Allocated share-based compensation expense | 43 | 12 | 5 |
ESPP
|
|||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Allocated share-based compensation expense | 3 | 3 | |
ESPP | ESPP Program
|
|||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Allocated share-based compensation expense | 3 | ||
Stock Options and RSUs | LSI acquisition
|
|||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Allocated share-based compensation expense | $ 22 |
X | ||||||||||
- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Shareholders' Equity (Share Based Compensation Expense) (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Summary of share-based compensation expense related to share-based awards granted to employees, directors, and non-employees | |||
Allocated share-based compensation expense | $ 153 | $ 77 | $ 53 |
Cost of products sold
|
|||
Summary of share-based compensation expense related to share-based awards granted to employees, directors, and non-employees | |||
Allocated share-based compensation expense | 18 | 10 | 6 |
Research and development
|
|||
Summary of share-based compensation expense related to share-based awards granted to employees, directors, and non-employees | |||
Allocated share-based compensation expense | 57 | 30 | 20 |
Selling, general and administrative
|
|||
Summary of share-based compensation expense related to share-based awards granted to employees, directors, and non-employees | |||
Allocated share-based compensation expense | 78 | 37 | 27 |
Restricted Stock Units (RSUs)
|
|||
Summary of share-based compensation expense related to share-based awards granted to employees, directors, and non-employees | |||
Allocated share-based compensation expense | $ 43 | $ 12 | $ 5 |
X | ||||||||||
- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Shareholders' Equity (Weighted-Average Assumptions) (Details)
|
12 Months Ended | ||
---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Options
|
|||
Weighted average assumptions of stock options | |||
Risk-free interest rate | 1.00% | 0.80% | |
Dividend yield | 1.70% | 2.00% | 1.40% |
Volatility | 35.00% | 48.00% | 53.00% |
Expected term (in years) | 5 years | 5 years | |
ESPP
|
|||
Weighted average assumptions of stock options | |||
Risk-free interest rate | 0.10% | 0.10% | 0.10% |
Dividend yield | 1.80% | 2.10% | 1.40% |
Volatility | 32.10% | 44.00% | 50.40% |
Expected term (in years) | 6 months | 6 months | 6 months |
Market-based Options
|
|||
Weighted average assumptions of stock options | |||
Risk-free interest rate | 2.30% | 2.00% | |
Dividend yield | 1.70% | 2.20% | |
Volatility | 45.00% | 48.00% | |
Expected term (in years) | 7 years | 7 years | |
Minimum | Options
|
|||
Weighted average assumptions of stock options | |||
Risk-free interest rate | 0.50% | ||
Expected term (in years) | 1 year 10 months 24 days | ||
Maximum | Options
|
|||
Weighted average assumptions of stock options | |||
Risk-free interest rate | 1.30% | ||
Expected term (in years) | 4 years 3 months 18 days |
X | ||||||||||
- Definition
The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Shareholders' Equity (Share Based Compensation Expense) (Details Textuals 2) (USD $)
In Millions, except Per Share data, unless otherwise specified |
12 Months Ended | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
Nov. 02, 2014
Restricted Stock Units (RSUs)
|
Nov. 03, 2013
Restricted Stock Units (RSUs)
|
Oct. 28, 2012
Restricted Stock Units (RSUs)
|
Nov. 03, 2013
ESPP
|
Oct. 28, 2012
ESPP
|
Nov. 02, 2014
Employee Stock Option
|
Nov. 03, 2013
Employee Stock Option
|
Oct. 28, 2012
Employee Stock Option
|
Nov. 02, 2014
Market-based Options
|
Nov. 03, 2013
Market-based Options
|
Oct. 28, 2012
Market-based Options
|
Nov. 02, 2014
2009 Plan
Restricted Stock Units (RSUs)
|
Nov. 03, 2013
2009 Plan
Restricted Stock Units (RSUs)
|
Oct. 28, 2012
2009 Plan
Restricted Stock Units (RSUs)
|
Nov. 02, 2014
ESPP Program
|
Nov. 02, 2014
ESPP Program
ESPP
|
Nov. 03, 2013
ESPP Program
ESPP
|
Oct. 28, 2012
ESPP Program
ESPP
|
Nov. 02, 2014
LSI acquisition
Restricted Stock Units (RSUs)
|
May 06, 2014
LSI acquisition
Employee Stock Option
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||||||||||||||||
Expected Life Of Options And Implied Volatility Description | For fiscal year 2014, expected volatility for time-based and market-based options was based on our own historical share price volatility or combining historical volatility of guideline publicly-traded companies and our own historical share price volatility over the period commensurate with the expected life of the awards and the implied volatility from our own traded ordinary shares with a term of 180 days measured at a specific date. For fiscal year 2013, expected volatility was based on the combination of historical volatility of guideline publicly-traded companies and our own historical share price volatility over the period commensurate with the expected life of the awards and the implied volatility from traded options in guideline publicly-traded companies and our own shares with a term of 720 days or greater measured over the last three months. For fiscal year 2012, expected volatility was based on the combination of historical volatility of our previous group of guideline publicly-traded companies over the period commensurate with the expected life of the options and the implied volatility of guideline publicly-traded companies from traded options with a term of 180 days or greater measured over the last three months | ||||||||||||||||||||||
Weighted-average fair values of options granted | $ 17.49 | $ 12.77 | $ 14.28 | $ 22.89 | $ 14.02 | $ 0 | |||||||||||||||||
Assumed in LSI cquisition, Weighted Average Grant Date Fair Value | $ 17.46 | ||||||||||||||||||||||
Weighted-average fair value of RSU's | $ 64.92 | $ 35.69 | $ 65.15 | $ 35.69 | $ 34.66 | $ 16.31 | $ 11.78 | $ 12.76 | |||||||||||||||
Assumed in LSI acquisition, Weighted Average Grant Date Fair Value | $ 35.22 | ||||||||||||||||||||||
RSU outstanding | 4 | 2 | 1 | ||||||||||||||||||||
Annualized forfeiture rate | 5.00% | 6.00% | 8.00% | ||||||||||||||||||||
Annualized forfeiture rate, RSU | 2.00% | 5.00% | 8.00% | 0.00% | 0.00% | ||||||||||||||||||
Total compensation cost related to unvested options | $ 150 | $ 252 | $ 1 | ||||||||||||||||||||
Period for recognition for granted but not yet vested options | 3 years | 3 years | |||||||||||||||||||||
Grant date fair value of options vested | 75 | 53 | 42 | ||||||||||||||||||||
Period for recognition, months | 4 months | ||||||||||||||||||||||
Vested in period, fair value | 22 | 4 | 1 | ||||||||||||||||||||
Tax benefits from share-based compensation | 42 | 25 | 13 | ||||||||||||||||||||
Allocated share-based compensation expense | $ 153 | $ 77 | $ 53 | $ 43 | $ 12 | $ 5 | $ 3 | $ 3 | $ 33 | $ 5 | $ 3 |
X | ||||||||||
- Definition
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition, Months No definition available.
|
X | ||||||||||
- Definition
Expected life of Options and Implied Volatility Description. No definition available.
|
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Annualized Rate No definition available.
|
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Assumed In Acquisition, Weighted Average Grant Date Fair Value No definition available.
|
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures, Annualized Rate No definition available.
|
X | ||||||||||
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Assumed In Acquisition, Weighted Average Grant Date Fair Value No definition available.
|
X | ||||||||||
- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Unrecognized cost of unvested share-based compensation awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The total recognized tax benefit related to compensation cost for equity-based payment arrangements recognized in income during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Fair value of share-based awards for which the grantee gained the right by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Fair value of options vested. Excludes equity instruments other than options, for example, but not limited to, share units, stock appreciation rights, restricted stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Components of Income Before Taxes) (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest [Abstract] | |||||||||||
Domestic income | $ 662 | $ 465 | $ 503 | ||||||||
Foreign income (loss) | (320) | 103 | 82 | ||||||||
Income from continuing operations before income taxes | $ 263 | $ (219) | $ 159 | $ 139 | $ 180 | $ 144 | $ 118 | $ 126 | $ 342 | $ 568 | $ 585 |
X | ||||||||||
- Definition
The portion of earnings or loss from continuing operations before income taxes that is attributable to domestic operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The portion of earnings or loss from continuing operations before income taxes that is attributable to foreign operations, which is defined as Income or Loss generated from operations located outside the entity's country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Income Taxes (Components of Provision for (Benefit from) Income Taxes) (Details) (USD $)
|
1 Months Ended | 3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Feb. 28, 2010
|
Nov. 02, 2014
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Income Tax Holiday [Line Items] | ||||||||||||
Tax holiday period | 10 years | |||||||||||
Current tax expense: | ||||||||||||
Domestic | $ 14,000,000 | $ 6,000,000 | $ 6,000,000 | |||||||||
Foreign | 111,000,000 | 32,000,000 | 15,000,000 | |||||||||
Current tax expense, total | 125,000,000 | 38,000,000 | 21,000,000 | |||||||||
Deferred tax expense (benefit): | ||||||||||||
Domestic | 1,000,000 | (1,000,000) | (1,000,000) | |||||||||
Foreign | (93,000,000) | (21,000,000) | 2,000,000 | |||||||||
Deferred tax expense (benefit), total | (92,000,000) | (22,000,000) | 1,000,000 | |||||||||
Total provision for income taxes | 126,000,000 | (99,000,000) | 1,000,000 | 5,000,000 | 8,000,000 | 2,000,000 | 5,000,000 | 1,000,000 | 33,000,000 | 16,000,000 | 22,000,000 | |
Recognition of previously unrecognized tax benefits resulting from enactment of American Taxpayer Relief Act Of 2012 | 3,000,000 | |||||||||||
Recognition of previously unrecognized tax benefits resulting from lapse of statute of limitations | 14,000,000 | 2,000,000 | 4,000,000 | |||||||||
Recognition of previously unrecognized tax benefits resulting from change i jurisdictional mix of income and expense | 2,000,000 | 0 | 1,000,000 | |||||||||
Recognized expense related to interest and penalties | 4,000,000 | 1,000,000 | 1,000,000 | |||||||||
Singapore
|
||||||||||||
Income Tax Holiday [Line Items] | ||||||||||||
Reduction in overall provision for income taxes due to effect of tax incentives | 99,000,000 | 77,000,000 | 81,000,000 | |||||||||
Increase diluted net income (or decrease diluted net loss) per share due to effect of tax incentives | $ 0.37 | $ 0.31 | $ 0.33 | |||||||||
US (IRS)
|
||||||||||||
Deferred tax expense (benefit): | ||||||||||||
Recognition of previously unrecognized tax benefits resulting from lapse of statute of limitations | $ 14,000,000 | $ 2,000,000 |
X | ||||||||||
- Definition
The component of income tax expense for the period representing amounts paid or payable (or refundable) as determined by applying the provisions of enacted federal and state and local tax law to the domestic taxable Income or Loss from continuing operations. No definition available.
|
X | ||||||||||
- Definition
The component of total income tax expense for the period comprised of the increase (decrease) during the period in the entity's domestic deferred tax assets and liabilities attributable to continuing operations as determined by applying the provisions of the federally, state and local enacted tax law. No definition available.
|
X | ||||||||||
- Definition
Tax holiday period. No definition available.
|
X | ||||||||||
- Definition
Unrecognized Tax Benefits, Decrease Resulting From Enactment Of American Taxpayer Relief Act Of 2012 No definition available.
|
X | ||||||||||
- Definition
Amount of current foreign income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of current income tax expense (benefit) pertaining to taxable income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of deferred foreign income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of income taxes from which a reporting entity is exempt or for which it will receive a reduction in income taxes as a result of the income tax holiday granted by the taxing jurisdiction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Per share amount effect of the income tax benefit resulting from the income tax holidays granted by taxing jurisdictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of decrease in unrecognized tax benefits resulting from tax positions taken in prior period tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of expense for interest on an underpayment of income taxes and penalties related to a tax position claimed or expected to be claimed in the tax return. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of decrease in unrecognized tax benefits resulting from lapses of applicable statutes of limitations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Rate Reconciliation) (Details)
|
12 Months Ended | ||
---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Effective Income Tax Rate Reconciliation, Percent [Abstract] | |||
Expected statutory tax rate | 17.00% | 17.00% | 17.00% |
Foreign income taxed at different rates | 21.10% | (0.10%) | 0.40% |
Tax holidays and concessions | (29.20%) | (13.50%) | (13.90%) |
Other, net | (0.10%) | (0.60%) | 0.10% |
Valuation allowance | 0.80% | 0.00% | 0.20% |
Actual tax rate on income before income taxes | 9.60% | 2.80% | 3.80% |
X | ||||||||||
- Definition
Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to changes in the valuation allowance for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to statutory income tax expense (benefit) outside of the country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other adjustments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to income exempt from income tax because of a tax holiday. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Summary of Deferred Income Taxes) (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |
---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
|
Deferred income tax assets: | ||
Depreciation and amortization | $ 2 | $ 1 |
Inventory | 13 | 5 |
Trade accounts | 7 | 2 |
Employee benefits | 204 | 29 |
Share options | 45 | 23 |
Net operating loss carryovers and credit carryovers | 404 | 70 |
Other deferred income tax assets | 72 | 6 |
Gross deferred income tax assets | 747 | 136 |
Less valuation allowance | (120) | (17) |
Deferred income tax assets | 627 | 119 |
Deferred income tax liabilities | ||
Depreciation and amortization | 66 | 78 |
Notes receivable | 549 | 0 |
Deferred Tax Liabilities, Other | 2 | 2 |
Foreign earnings not permanently reinvested | 7 | 3 |
Deferred Tax Liabilities, Gross | 624 | 83 |
Net deferred income tax assets | 3 | 36 |
Undistributed Foreign Earnings | 198 | 106 |
Deferred Tax Assets, Net, Classification [Abstract] | ||
Other current assets | 69 | 32 |
Other current liabilities | 1 | 1 |
Net current income tax assets | 68 | 31 |
Other long-term assets | 9 | 10 |
Other long-term liabilities | (74) | (5) |
Net long-term income tax assets (liabilities) | (65) | 5 |
Unrecognized deferred tax assets | 7 | |
Singapore
|
||
Deferred Tax Assets, Net, Classification [Abstract] | ||
Federal net operating loss carryforwards | 8 | |
US (IRS)
|
||
Deferred Tax Assets, Net, Classification [Abstract] | ||
Research and development tax credits | 359 | |
Federal net operating loss carryforwards | 693 | |
US (IRS) | Excess Tax Deductions, Share-based Compensation
|
||
Deferred Tax Assets, Net, Classification [Abstract] | ||
Net operating loss carryforward related to excess tax benefit from stock option deduction | 15 | |
US (IRS) | Subject to Annual Limitation
|
||
Deferred Tax Assets, Net, Classification [Abstract] | ||
Federal net operating loss carryforwards | 678 | |
Tax credit carryforwards | 346 | |
US (IRS) | Subject to Separate Return Loss Carryforward Limitation
|
||
Deferred Tax Assets, Net, Classification [Abstract] | ||
Federal net operating loss carryforwards | 15 | |
State and Local Jurisdiction
|
||
Deferred Tax Assets, Net, Classification [Abstract] | ||
Research and development tax credits | 39 | |
Federal net operating loss carryforwards | 1,260 | |
State and Local Jurisdiction | Excess Tax Deductions, Share-based Compensation
|
||
Deferred Tax Assets, Net, Classification [Abstract] | ||
Net operating loss carryforward related to excess tax benefit from stock option deduction | 52 | |
Other Foreign Country
|
||
Deferred Tax Assets, Net, Classification [Abstract] | ||
Federal net operating loss carryforwards | $ 4 |
X | ||||||||||
- Definition
The amount of deferred tax asset which was not recognized because of excess tax deductions related to stock options and that will be credited to shareholders' equity if those tax benefits subsequently become realizable. No definition available.
|
X | ||||||||||
- Definition
The net sum of (1) the tax effects as of the balance sheet date of the amount of excesses of tax deductions over gross income in a year which cannot be used on the tax returns in the current year but can be carried forward to reduce taxable income or income taxes payable in a future year, for which there must be sufficient tax-basis income to utilize a portion or all of the carryforward amount to realize the deferred tax asset, and (2) the tax effect as of the balance sheet date of the amount of future tax deductions arising from all unused tax credit carryforwards which have been reduced by a valuation allowance. No definition available.
|
X | ||||||||||
- Definition
Deferred Tax Liabilities, Notes Receivable No definition available.
|
X | ||||||||||
- Definition
Net operating loss carryforward related to excess tax benefit from stock option deduction No definition available.
|
X | ||||||||||
- Definition
Amount of undistributed earnings of foreign subsidiaries not intended to be permanently reinvested outside of Singapore No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount after allocation of valuation allowances of noncurrent deferred tax asset attributable to deductible temporary differences and carryforwards. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible research tax credit carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The tax effect as of the balance sheet date of the amount of the estimated future tax deductions arising from employee benefit costs not otherwise specified in the taxonomy, which can only be deducted for tax purposes when actual costs are incurred, and which can only be realized if sufficient tax-basis income is generated in future periods to enable the deduction to be taken. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from share-based compensation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from other provisions, reserves, allowances, and accruals not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from the allowance for doubtful accounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of deferred tax liability attributable to taxable temporary differences from other capitalized costs not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of deferred tax liability attributable to taxable temporary differences not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of deferred tax liability attributable to taxable temporary differences from undistributed earnings of subsidiaries and other recognized entities not within the country of domicile of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of the tax credit carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Uncertain Tax Positions) (Details) (USD $)
|
12 Months Ended | ||
---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Income Tax Contingency [Line Items] | |||
Gross unrecognized tax benefits increase | $ 450,000,000 | ||
Recognized expense related to interest and penalties | 4,000,000 | 1,000,000 | 1,000,000 |
Combined amount of cumulative accrued interest and penalties | 23,000,000 | 4,000,000 | |
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward] | |||
Beginning of period | 37,000,000 | 27,000,000 | 30,000,000 |
Lapse of statute of limitations | (14,000,000) | (2,000,000) | (4,000,000) |
Increases in balances related to tax positions taken during prior periods (including those related to acquisitions made during the year) | 410,000,000 | 9,000,000 | 1,000,000 |
Decreases in balances related to tax positions taken during prior periods | (2,000,000) | 0 | (1,000,000) |
Increases in balances related to tax positions taken during current period | 56,000,000 | 3,000,000 | 1,000,000 |
End of period | 487,000,000 | 37,000,000 | 27,000,000 |
Unrecognized tax benefits that would affect effective tax rate | 469,000,000 | 35,000,000 | |
Maximum
|
|||
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward] | |||
Lapse of statute of limitations | $ (10,000,000) |
X | ||||||||||
- Definition
Amount of increase in unrecognized tax benefits resulting from tax positions taken in prior period tax returns and from business acquisitions. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of unrecognized tax benefits pertaining to uncertain tax positions taken in tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of decrease in unrecognized tax benefits resulting from tax positions taken in prior period tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount accrued for interest on an underpayment of income taxes and penalties related to a tax position claimed or expected to be claimed in the tax return. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of expense for interest on an underpayment of income taxes and penalties related to a tax position claimed or expected to be claimed in the tax return. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of increase in unrecognized tax benefits resulting from tax positions that have been or will be taken in current period tax return. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The net amount of all increases and decreases in unrecognized tax benefits for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of decrease in unrecognized tax benefits resulting from lapses of applicable statutes of limitations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Interest Expense (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Interest Expense [Line Items] | |||||||||||
Interest expense | $ 54 | $ 55 | $ 1 | $ 0 | $ 0 | $ 1 | $ 1 | $ 0 | $ 110 | $ 2 | $ 1 |
Amortization of debt issuance costs and accretion of debt discount | $ 14 | $ 1 | $ 0 |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of noncash expense included in interest expense to allocate debt discount and premium, and the costs to issue debt and obtain financing over the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Segments (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Segment Reporting Information [Line Items] | |||||||||||
Net revenue | $ 1,590 | $ 1,269 | $ 701 | $ 709 | $ 738 | $ 644 | $ 562 | $ 576 | $ 4,269 | $ 2,520 | $ 2,364 |
Income from continuing operations | 137 | (120) | 158 | 134 | 172 | 142 | 113 | 125 | 309 | 552 | 563 |
Wireless Communications
|
|||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Net revenue | 1,689 | 1,219 | 1,064 | ||||||||
Income from continuing operations | 658 | 337 | 294 | ||||||||
Wired Infrastructure
|
|||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Net revenue | 1,151 | 744 | 662 | ||||||||
Income from continuing operations | 287 | 160 | 171 | ||||||||
Enterprise Storage
|
|||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Net revenue | 867 | 0 | 0 | ||||||||
Income from continuing operations | 292 | 0 | 0 | ||||||||
Industrial & Other
|
|||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Net revenue | 562 | 557 | 638 | ||||||||
Income from continuing operations | 246 | 243 | 254 | ||||||||
Unallocated Expenses
|
|||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Net revenue | 0 | 0 | 0 | ||||||||
Income from continuing operations | $ (1,045) | $ (188) | $ (137) |
X | ||||||||||
- Definition
Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Segment Information (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
segment
|
Nov. 03, 2013
|
Oct. 28, 2012
|
|
Revenues from External Customers and Long-Lived Assets [Line Items] | |||||||||||
Number of reportable segments | 4 | ||||||||||
Net revenue | $ 1,590 | $ 1,269 | $ 701 | $ 709 | $ 738 | $ 644 | $ 562 | $ 576 | $ 4,269 | $ 2,520 | $ 2,364 |
Long-lived assets | 1,158 | 661 | 1,158 | 661 | |||||||
China
|
|||||||||||
Revenues from External Customers and Long-Lived Assets [Line Items] | |||||||||||
Net revenue | 2,106 | 1,169 | 981 | ||||||||
United States
|
|||||||||||
Revenues from External Customers and Long-Lived Assets [Line Items] | |||||||||||
Net revenue | 486 | 368 | 371 | ||||||||
Long-lived assets | 865 | 445 | 865 | 445 | |||||||
Malaysia
|
|||||||||||
Revenues from External Customers and Long-Lived Assets [Line Items] | |||||||||||
Long-lived assets | 91 | 60 | 91 | 60 | |||||||
Singapore
|
|||||||||||
Revenues from External Customers and Long-Lived Assets [Line Items] | |||||||||||
Net revenue | 161 | 143 | 97 | ||||||||
Long-lived assets | 52 | 45 | 52 | 45 | |||||||
Other
|
|||||||||||
Revenues from External Customers and Long-Lived Assets [Line Items] | |||||||||||
Net revenue | 1,516 | 840 | 915 | ||||||||
Long-lived assets | $ 150 | $ 111 | $ 150 | $ 111 |
X | ||||||||||
- Definition
Number of segments reported by the entity. A reportable segment is a component of an entity for which there is an accounting requirement to report separate financial information on that component in the entity's financial statements. No definition available.
|
X | ||||||||||
- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Related Party Transactions (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | 12 Months Ended | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
Nov. 02, 2014
Silicon Manufacturing Partners Pte. Ltd
|
May 06, 2014
Silicon Manufacturing Partners Pte. Ltd
|
Nov. 02, 2014
Inventories
Silicon Manufacturing Partners Pte. Ltd
|
Nov. 02, 2014
LSI acquisition
Silicon Manufacturing Partners Pte. Ltd
|
Nov. 02, 2014
Convertible Senior Notes Due 2021
Director [Member]
|
Nov. 03, 2013
Convertible Senior Notes Due 2021
Director [Member]
|
|||||||||||
Related Party Transaction [Line Items] | |||||||||||||||||||
Ownership percentage acquired | 51.00% | 51.00% | |||||||||||||||||
Long-term purchase commitment, percentage of inventory | 51.00% | ||||||||||||||||||
Advance notice of termination, required period | 2 years | ||||||||||||||||||
Net revenue | $ 78 | $ 21 | [1],[2] | $ 7 | |||||||||||||||
Cost, expenses and purchases with related party | 42 | [3] | 2 | [2] | 8 | ||||||||||||||
Receivables | 14 | 0 | [1],[4] | ||||||||||||||||
Payables | 8 | [3] | 0 | [2],[4] | 8 | ||||||||||||||
Notes Payable, Related Parties | 930 | 0 | |||||||||||||||||
Related party transactions minimum amount | 0.5 | ||||||||||||||||||
Purchases from related party | $ 30 | ||||||||||||||||||
|
X | ||||||||||
- Definition
Cost, expenses and purchases with related party No definition available.
|
X | ||||||||||
- Definition
Long-term Purchase Commitment, Advance Notice of Termination, Required Period No definition available.
|
X | ||||||||||
- Definition
Long-term Purchase Commitment, Percentage of Inventory No definition available.
|
X | ||||||||||
- Definition
Related Party Transactions Minimum Amount. No definition available.
|
X | ||||||||||
- Definition
The aggregate amount of receivables to be collected from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth, at the financial statement date. which are usually due within one year (or one business cycle). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount for notes payable (written promise to pay), due to related parties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Purchases during the period (excluding transactions that are eliminated in consolidated or combined financial statements) with related party. No definition available.
|
X | ||||||||||
- Definition
Amount of revenue, fees and commissions earned from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, for example, but not limited to, pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Commitments and Contingencies (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |||
---|---|---|---|---|
Nov. 02, 2014
|
||||
Debt Principal, Interest and Fees: | ||||
Debt Principal, Interest and Fees, Total | $ 6,853 | |||
Debt Principal, Interest and Fees, 2015 | 238 | |||
Debt Principal, Interest and Fees, 2016 | 231 | |||
Debt Principal, Interest and Fees, 2017 | 239 | |||
Debt Principal, Interest and Fees, 2018 | 237 | |||
Debt Principal, Interest and Fees, 2019 | 234 | |||
Debt Principal, Interest and Fees, Thereafter | 5,674 | |||
Purchase Commitments: | ||||
Purchase Commitments, Total | 638 | |||
Purchase Commitments, 2015 | 616 | |||
Purchase Commitments, 2016 | 15 | |||
Purchase Commitments, 2017 | 5 | |||
Purchase Commitments, 2018 | 2 | |||
Purchase Commitments, 2019 | 0 | |||
Purchase Commitments, Thereafter | 0 | |||
Other Contractual Commitments: | ||||
Other Contractual Commitments, Total | 193 | |||
Other Contractual Commitments, 2015 | 56 | |||
Other Contractual Commitments, 2016 | 45 | |||
Other Contractual Commitments, 2017 | 37 | |||
Other Contractual Commitments, 2018 | 37 | |||
Other Contractual Commitments, 2019 | 18 | |||
Other Contractual Commitments, Thereafter | 0 | |||
Operating Leases Obligations: | ||||
Operating Leases Obligations, Total | 135 | |||
Operating Leases Obligations, 2015 | 27 | |||
Operating Leases Obligations, 2016 | 19 | |||
Operating Leases Obligations, 2017 | 14 | |||
Operating Leases Obligations, 2018 | 12 | |||
Operating Leases Obligations, 2019 | 9 | |||
Operating Leases Obligations, Due Thereafter | 54 | |||
Pension Plan Contributions: | ||||
Pension Plan Contributions, 2015 | 62 | [1] | ||
Pension Plan Contributions, 2016 | 0 | [1] | ||
Pension Plan Contributions, 2017 | 0 | [1] | ||
Pension Plan Contributions, 2018 | 0 | [1] | ||
Pension Plan Contributions, 2019 | 0 | [1] | ||
Pension Plan Contributions, Thereafter | 0 | [1] | ||
Pension Plan
|
||||
Pension Plan Contributions: | ||||
Pension Plan Contributions, Total | $ 62 | |||
|
X | ||||||||||
- Definition
Defined Benefit Plans Estimated Future Employer Contributions No definition available.
|
X | ||||||||||
- Definition
Defined Benefit Plans Estimated Future Employer Contributions, Due After Fifth Year No definition available.
|
X | ||||||||||
- Definition
Defined Benefit Plans Estimated Future Employer Contributions, Due In Fifth Year No definition available.
|
X | ||||||||||
- Definition
Defined Benefit Plans Estimated Future Employer Contributions, Due In Fourth Year No definition available.
|
X | ||||||||||
- Definition
Defined Benefit Plans Estimated Future Employer Contributions, Due In One Year No definition available.
|
X | ||||||||||
- Definition
Defined Benefit Plans Estimated Future Employer Contributions, Due In Second Year No definition available.
|
X | ||||||||||
- Definition
Defined Benefit Plans Estimated Future Employer Contributions, Due In Third Year No definition available.
|
X | ||||||||||
- Definition
Long-term Debt, Interest, Fees And Repayment of Principal No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Long-term Debt, Interest, Fees And Repayment of Principal, Due After Fifth Year No definition available.
|
X | ||||||||||
- Definition
Long-term Debt, Interest, Fees And Repayment of Principal, Due In Next Twelve Months No definition available.
|
X | ||||||||||
- Definition
Long-term Debt, Interest, Fees And Repayment of Principal, Due In Year Five No definition available.
|
X | ||||||||||
- Definition
Long-term Debt, Interest, Fees And Repayment of Principal, Due In Year Four No definition available.
|
X | ||||||||||
- Definition
Long-term Debt, Interest, Fees And Repayment of Principal, Due In Year Three No definition available.
|
X | ||||||||||
- Definition
Long-term Debt, Interest, Fees And Repayment of Principal, Due In Year Two No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Minimum amount of other commitment not otherwise specified in the taxonomy. Excludes commitments explicitly modeled in the taxonomy, including but not limited to, long-term and short-term purchase commitments, recorded and unrecorded purchase obligations, supply commitments, registration payment arrangements, leases, debt, product warranties, guarantees, environmental remediation obligations, and pensions. No definition available.
|
X | ||||||||||
- Definition
Minimum amount of other commitment maturing after the fifth fiscal year following the latest fiscal year for commitments not otherwise specified in the taxonomy. Excludes commitments explicitly modeled in this taxonomy, including but not limited to, long-term and short-term purchase commitments, recorded and unrecorded purchase obligations, supply commitments, registration payment arrangements, leases, debt, product warranties, guarantees, environmental remediation obligations, and pensions. No definition available.
|
X | ||||||||||
- Definition
Minimum amount of other commitment maturing in the fifth fiscal year following the latest fiscal year for commitments not otherwise specified in the taxonomy. Excludes commitments explicitly modeled in this taxonomy, including but not limited to, long-term and short-term purchase commitments, recorded and unrecorded purchase obligations, supply commitments, registration payment arrangements, leases, debt, product warranties, guarantees, environmental remediation obligations, and pensions. No definition available.
|
X | ||||||||||
- Definition
Minimum amount of other commitment maturing in the fourth fiscal year following the latest fiscal year for commitments not otherwise specified in the taxonomy. Excludes commitments explicitly modeled in this taxonomy, including but not limited to, long-term and short-term purchase commitments, recorded and unrecorded purchase obligations, supply commitments, registration payment arrangements, leases, debt, product warranties, guarantees, environmental remediation obligations, and pensions. No definition available.
|
X | ||||||||||
- Definition
Minimum amount of other commitment maturing in the next fiscal year following the latest fiscal year for commitments not otherwise specified in the taxonomy. Excludes commitments explicitly modeled in this taxonomy, including but not limited to, long-term and short-term purchase commitments, recorded and unrecorded purchase obligations, supply commitments, registration payment arrangements, leases, debt, product warranties, guarantees, environmental remediation obligations, and pensions. No definition available.
|
X | ||||||||||
- Definition
Minimum amount of other commitment maturing in the second fiscal year following the latest fiscal year for commitments not otherwise specified in the taxonomy. Excludes commitments explicitly modeled in this taxonomy, including but not limited to, long-term and short-term purchase commitments, recorded and unrecorded purchase obligations, supply commitments, registration payment arrangements, leases, debt, product warranties, guarantees, environmental remediation obligations, and pensions. No definition available.
|
X | ||||||||||
- Definition
Minimum amount of other commitment maturing in the third fiscal year following the latest fiscal year for commitments not otherwise specified in the taxonomy. Excludes commitments explicitly modeled in this taxonomy, including but not limited to, long-term and short-term purchase commitments, recorded and unrecorded purchase obligations, supply commitments, registration payment arrangements, leases, debt, product warranties, guarantees, environmental remediation obligations, and pensions. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of the fixed and determinable portion of the unrecorded unconditional purchase obligation maturing in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of the fixed and determinable portion of the unrecorded unconditional purchase obligation maturing in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of the fixed and determinable portion of the unrecorded unconditional purchase obligation maturing in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of the fixed and determinable portion of the unrecorded unconditional purchase obligation maturing in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of the fixed and determinable portion of the unrecorded unconditional purchase obligation maturing in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of the unrecorded obligation to transfer funds in the future for fixed or minimum amounts or quantities of goods or services at fixed or minimum prices (for example, as in take-or-pay contracts or throughput contracts). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of the fixed and determinable portion of the unrecorded unconditional purchase obligation maturing after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Commitments and Contingencies (Details Textuals) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | 0 Months Ended | 12 Months Ended | |||
---|---|---|---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
May 06, 2014
Silicon Manufacturing Partners Pte. Ltd
|
Jun. 10, 2014
Settled Litigation
Stockholders of LSI vs. Company
|
Nov. 02, 2014
Settled Litigation
Stockholders of LSI vs. Company
lawsuit
|
|
Loss Contingencies [Line Items] | ||||||
Purchase Obligation | $ 128 | |||||
Ownership percentage acquired | 51.00% | |||||
Operating leases, rent expense | 42 | 12 | 12 | |||
Outstanding obligations relating to standby letters of credit | 10 | 4 | ||||
Number of class action complaints filed | 15 | |||||
Settlement amount | $ 2 |
X | ||||||||||
- Definition
The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line. No definition available.
|
X | ||||||||||
- Definition
The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of damages paid to the plaintiff in the legal matter. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The total number of new claims filed pertaining to a loss contingency during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Minimum amount of purchase arrangement in which the entity has agreed to expend funds to procure goods or services from a supplier. No definition available.
|
Restructuring Charges (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 12 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
Nov. 02, 2014
Operating expenses
|
Nov. 02, 2014
Other Restructuring
Operating expenses
|
Nov. 02, 2014
Facility Closing
Fabrication Plant Closure, Italy
Cost of products sold
|
Nov. 02, 2014
Facility Closing
Fabrication Plant Closure, Italy
Operating expenses
|
Nov. 02, 2014
Employee Termination Costs
|
Nov. 03, 2013
Employee Termination Costs
|
Oct. 28, 2012
Employee Termination Costs
|
Nov. 02, 2014
Employee Termination Costs
Operating expenses
|
Nov. 02, 2014
Employee Termination Costs
LSI Acquisition project
Cost of products sold
|
Nov. 02, 2014
Employee Termination Costs
LSI Acquisition project
Operating expenses
|
Nov. 02, 2014
Employee Termination Costs
PLX Technology, Inc.
Operating expenses
|
Nov. 02, 2014
Lease And Other Exit Costs
LSI Acquisition project
Cost of products sold
|
Nov. 02, 2014
Lease And Other Exit Costs
LSI Acquisition project
Operating expenses
|
Nov. 02, 2014
Other Restructuring
|
Nov. 03, 2013
Other Restructuring
|
Oct. 28, 2012
Other Restructuring
|
May 06, 2014
LSI acquisition
|
May 06, 2014
LSI acquisition
Employee Termination Costs
|
May 06, 2014
LSI acquisition
Other Restructuring
|
Nov. 02, 2014
Flash and Axxia businesses [Member]
Employee Termination Costs
|
|||||||||||||
Restructuring Cost and Reserve [Line Items] | |||||||||||||||||||||||||||||||||||||||||||
Beginning balance | $ 0 | $ 1 | $ 0 | $ 1 | $ 1 | $ 0 | $ 1 | $ 1 | $ 0 | $ 0 | $ 0 | ||||||||||||||||||||||||||||||||
Liabilities assumed in LSI acquisition | 9 | 5 | 4 | ||||||||||||||||||||||||||||||||||||||||
Charges to cost of products sold | 6 | 11 | 0 | 5 | 0 | 1 | 0 | 0 | 22 | 1 | 2 | 19 | 1 | 2 | 3 | [1] | 0 | 0 | |||||||||||||||||||||||||
Charges to operating expenses | 33 | 87 | 8 | 12 | 0 | 0 | 1 | 1 | 140 | 2 | 5 | 2 | 5 | 19 | [1] | 0 | 0 | ||||||||||||||||||||||||||
Non-cash portion | (13) | [1] | 0 | (13) | [1] | ||||||||||||||||||||||||||||||||||||||
Payments | 128 | 121 | |||||||||||||||||||||||||||||||||||||||||
Payments | (4) | (7) | (4) | (7) | (7) | 0 | 0 | ||||||||||||||||||||||||||||||||||||
Ending balance | 40 | [2] | 0 | 40 | [2] | 0 | 1 | 34 | [2] | 0 | 1 | 6 | [2] | 0 | 0 | ||||||||||||||||||||||||||||
Other Restructuring Costs | 1 | 2 | 2 | 15 | |||||||||||||||||||||||||||||||||||||||
Severance costs | 5 | 8 | 14 | 106 | 4 | 10 | |||||||||||||||||||||||||||||||||||||
Restructuring and related cost | 5 | ||||||||||||||||||||||||||||||||||||||||||
Charges to operating expenses (a) | $ 150 | [1],[3] | $ 131 | [3] | |||||||||||||||||||||||||||||||||||||||
Restructuring and Related Activities, Completion Date | Aug. 02, 2015 | Oct. 27, 2019 | |||||||||||||||||||||||||||||||||||||||||
|
X | ||||||||||
- Definition
Payments for restructuring in continuing and discontinuing operations No definition available.
|
X | ||||||||||
- Definition
Restructuring and other related costs No definition available.
|
X | ||||||||||
- Definition
Amount related to cost of products sold charged against earnings in the period for incurred and estimated costs associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, excluding asset retirement obligations. No definition available.
|
X | ||||||||||
- Definition
Restructuring charges included in continuing and discontinuing operations No definition available.
|
X | ||||||||||
- Definition
This item represents liabilities associated with restructuring or exit activities of the acquiree, existing at the acquisition date (present liabilities of the acquiree). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of other expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses associated with a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of cash payments made as the result of exit or disposal activities. Excludes payments associated with a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Date the exit and disposal activities were completed or are expected to be completed, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Carrying amount (including both current and noncurrent portions of the accrual) as of the balance sheet date pertaining to a specified type of cost associated with exit from or disposal of business activities or restructuring pursuant to a duly authorized plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of consideration other than cash used to fully or partially settle an accrued restructuring cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of expenses for special or contractual termination benefits provided to current employees involuntarily terminated under a benefit arrangement associated exit or disposal activities pursuant to an authorized plan. Excludes expenses related to one-time termination benefits, a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Discontinued Operations (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 6 Months Ended | 12 Months Ended | 0 Months Ended | 0 Months Ended | 12 Months Ended | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
Sep. 02, 2014
Flash Business
|
Sep. 02, 2014
Flash Business
|
Sep. 18, 2014
Axxia Business
|
Nov. 02, 2014
Axxia Business
|
Nov. 18, 2014
Subsequent Event
Axxia Business
|
Nov. 02, 2014
Discontinued Operations
Employee Termination Costs
|
||||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | |||||||||||||||||||||
Sales price | $ 450 | $ 650 | |||||||||||||||||||
Proceeds from sale of business | 450 | 0 | 0 | 450 | 650 | ||||||||||||||||
Net revenue | 161 | ||||||||||||||||||||
Loss from discontinued operations before gain on disposal and income taxes | (86) | ||||||||||||||||||||
Gain on disposal of discontinued operations | 18 | 18 | 0 | 0 | |||||||||||||||||
Benefit from income taxes | 22 | ||||||||||||||||||||
Loss from discontinued operations, net of income taxes | (2) | [1] | (44) | 0 | 0 | 0 | 0 | 0 | 0 | (46) | (46) | 0 | 0 | ||||||||
Restructuring, incurred cost | 10 | ||||||||||||||||||||
Share-based compensation expense related to discontinued operations | 10 | ||||||||||||||||||||
Inventory | 14 | ||||||||||||||||||||
Property, plant and equipment, net | 22 | ||||||||||||||||||||
Goodwill | 91 | ||||||||||||||||||||
Intangible assets, net | 475 | ||||||||||||||||||||
Assets sold | $ 602 | ||||||||||||||||||||
|
X | ||||||||||
- Definition
Disposal Group, Including Discontinued Operation, Share-based Compensation No definition available.
|
X | ||||||||||
- Definition
Amount classified as assets attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of gain (loss), before tax expense or benefit and not previously recognized, resulting from the sale of a business component. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Pretax income (loss) from operations of a business component (exclusive of any gain (loss) on disposal, or provision therefore) during the reporting period, until its disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Income tax expense or benefit attributable to Income or Loss from discontinued operations during the phase-out period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of consideration received or receivable for the disposal of assets and liabilities, including discontinued operation. No definition available.
|
X | ||||||||||
- Definition
Amount classified as goodwill attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount classified as intangible assets, excluding goodwill, attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount classified as property, plant and equipment attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of sales or other form of revenues attributable to the disposal group, including a component of the entity (discontinued operation), during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of income (loss) from a disposal group, net of income tax, reported as a separate component of income before extraordinary items after deduction or consideration of the amount allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount classified as inventory attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash inflow associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Discloses the amount charged against the accrued restructuring reserves, or earnings if not previously accrued, during the period for the specified type of restructuring cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Subsequent Events (Details) (Subsequent Event, USD $)
In Millions, except Per Share data, unless otherwise specified |
0 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2014
|
Dec. 19, 2014
|
Dec. 08, 2014
|
Nov. 18, 2014
Axxia Business
|
|
Subsequent Event [Line Items] | ||||
Sales price | $ 650 | |||
Common Stock dividend declared date | Dec. 08, 2014 | |||
Interim cash dividend per share | $ 0.35 | |||
Dividends Payable, Date of Record | Dec. 19, 2014 | |||
Dividends Payable, Date to be Paid | Dec. 31, 2014 |
X | ||||||||||
- Definition
Amount of consideration received or receivable for the disposal of assets and liabilities, including discontinued operation. No definition available.
|
X | ||||||||||
- Definition
Date the declared dividend will be paid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The per share amount of a dividend declared, but not paid, as of the financial reporting date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Date the dividend to be paid was declared, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Date the holder must own the stock to be entitled to the dividend, in CCYY-MM-DD format. No definition available.
|
X | ||||||||||
- Details
|
Supplementary Financial Data - Quarterly Data (Unaudited) (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 6 Months Ended | 12 Months Ended | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Aug. 03, 2014
|
May 04, 2014
|
Feb. 02, 2014
|
Nov. 03, 2013
|
Aug. 04, 2013
|
May 05, 2013
|
Feb. 03, 2013
|
Nov. 02, 2014
|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
||||
Net revenue | $ 1,590 | $ 1,269 | $ 701 | $ 709 | $ 738 | $ 644 | $ 562 | $ 576 | $ 4,269 | $ 2,520 | $ 2,364 | ||||
Cost of products sold: | |||||||||||||||
Cost of products sold | 688 | 760 | 326 | 347 | 373 | 325 | 276 | 286 | 2,121 | 1,260 | 1,164 | ||||
Amortization of intangible assets | 108 | 105 | 18 | 18 | 19 | 14 | 14 | 14 | 249 | 61 | 56 | ||||
Restructuring charges | 6 | 11 | 0 | 5 | 0 | 1 | 0 | 0 | 22 | 1 | 2 | ||||
Total cost of products sold | 802 | 876 | 344 | 370 | 392 | 340 | 290 | 300 | 2,392 | 1,322 | 1,222 | ||||
Gross margin | 788 | 393 | 357 | 339 | 346 | 304 | 272 | 276 | 1,877 | 1,198 | 1,142 | ||||
Research and Development | 234 | 240 | 114 | 107 | 109 | 101 | 95 | 93 | 695 | 398 | 335 | ||||
Selling, general and administrative | 129 | 137 | 67 | 74 | 60 | 57 | 52 | 53 | 407 | 222 | 199 | ||||
Amortization of intangible assets | 91 | 91 | 8 | 7 | 7 | 6 | 6 | 5 | 197 | 24 | 21 | ||||
Restructuring charges | 33 | 87 | 8 | 12 | 0 | 0 | 1 | 1 | 140 | 2 | 5 | ||||
Total operating expenses | 487 | 555 | 197 | 200 | 176 | 164 | 154 | 152 | 1,439 | 646 | 560 | ||||
Income from operations | 301 | (162) | 160 | 139 | 170 | 140 | 118 | 124 | 438 | 552 | 582 | ||||
Interest expense | (54) | (55) | (1) | 0 | 0 | (1) | (1) | 0 | (110) | (2) | (1) | ||||
Loss on extinguishment of debt | 0 | 0 | 0 | 0 | (1) | 0 | 0 | 0 | 0 | (1) | 0 | ||||
Other income, net | 16 | (2) | 0 | 0 | 11 | 5 | 1 | 2 | 14 | 19 | 4 | ||||
Income before income taxes | 263 | (219) | 159 | 139 | 180 | 144 | 118 | 126 | 342 | 568 | 585 | ||||
Provision for income taxes | 126 | (99) | 1 | 5 | 8 | 2 | 5 | 1 | 33 | 16 | 22 | ||||
Income from continuing operations | 137 | (120) | 158 | 134 | 172 | 142 | 113 | 125 | 309 | 552 | 563 | ||||
Loss from discontinued operations (including a gain on disposal of $18 million), net of income taxes | (2) | [1] | (44) | 0 | 0 | 0 | 0 | 0 | 0 | (46) | (46) | 0 | 0 | ||
Net income (loss) | 135 | (164) | 158 | 134 | 172 | 142 | 113 | 125 | 263 | 552 | 563 | ||||
Net income per share: | |||||||||||||||
Basic (in dollars per share) | $ 0.53 | $ (0.65) | $ 0.63 | $ 0.54 | $ 0.69 | $ 0.57 | $ 0.46 | $ 0.51 | $ 1.05 | $ 2.23 | $ 2.30 | ||||
Loss per share from discontinued operations, net of income taxes (in dollars per share) | $ (0.01) | $ (0.17) | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ (0.18) | $ 0.00 | $ 0.00 | ||||
Income per share from continuing operations (in dollars per share) | $ 0.54 | $ (0.48) | $ 0.63 | $ 0.54 | $ 0.69 | $ 0.57 | $ 0.46 | $ 0.51 | $ 1.23 | $ 2.23 | $ 2.30 | ||||
Income per share from continuing operations (in dollars per share) | $ 0.50 | $ (0.48) | $ 0.61 | $ 0.53 | $ 0.68 | $ 0.56 | $ 0.45 | $ 0.50 | $ 1.16 | $ 2.19 | $ 2.25 | ||||
Loss per share from discontinued operations, net of income taxes (in dollars per share) | $ 0.00 | $ (0.17) | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ (0.17) | $ 0.00 | $ 0.00 | ||||
Diluted (in dollars per share) | $ 0.50 | $ (0.65) | $ 0.61 | $ 0.53 | $ 0.68 | $ 0.56 | $ 0.45 | $ 0.50 | $ 0.99 | $ 2.19 | $ 2.25 | ||||
Shares used in per share calculations: | |||||||||||||||
Basic weighted-average ordinary shares outstanding (in shares) | 254 | 252 | 251 | 249 | 248 | 248 | 246 | 246 | 251 | 247 | 245 | ||||
Diluted (in shares) | 272 | 252 | 258 | 255 | 253 | 252 | 251 | 251 | 267 | 252 | 250 | ||||
Cash dividends declared and paid per share (in dollars per share) | $ 0.32 | $ 0.29 | $ 0.27 | $ 0.25 | $ 0.23 | $ 0.21 | $ 0.19 | $ 0.17 | $ 1.13 | $ 0.80 | $ 0.56 | ||||
Gain on disposal of discontinued operations | $ 18 | $ 18 | $ 0 | $ 0 | |||||||||||
|
X | ||||||||||
- Definition
Costs related to goods produced and sold during the reporting period excluding amortization of intangible assets and restructuring charges. No definition available.
|
X | ||||||||||
- Definition
Amount related to cost of products sold charged against earnings in the period for incurred and estimated costs associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, excluding asset retirement obligations. No definition available.
|
X | ||||||||||
- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The amount of expense recognized in the current period that reflects the allocation of the costs of intangible assets over the expected benefit period of such assets. This element applies only to intangible assets used in the production of goods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of gain (loss), before tax expense or benefit and not previously recognized, resulting from the sale of a business component. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of income (loss) from a disposal group, net of income tax, reported as a separate component of income before extraordinary items after deduction or consideration of the amount allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Per basic share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Per diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
X | ||||||||||
- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
X | ||||||||||
- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
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X | ||||||||||
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Schedule II - Valuation and Qualifying Accounts (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 02, 2014
|
Nov. 03, 2013
|
Oct. 28, 2012
|
||||||||||
Valuation and Qualifying Accounts Disclosure [Line Items] | ||||||||||||
Valuation Allowance Amount Not Impacting Net Income | $ 6 | |||||||||||
Accounts receivable allowances: Distributor credit allowance [Member]
|
||||||||||||
Movement in Valuation Allowances and Reserves [Roll Forward] | ||||||||||||
Balance at Beginning of Period | 38 | [1] | 32 | [1] | 17 | [1] | ||||||
Valuation Allowance and Reserves Additions | 257 | [1] | 221 | [1] | 101 | [1] | ||||||
Charges Utilized / Write-offs | (237) | [1] | (215) | [1] | (86) | [1] | ||||||
Balance at End of Period | 58 | [1] | 38 | [1] | 32 | [1] | ||||||
Accounts receivable allowances: Other accounts receivalbe allowances [Member]
|
||||||||||||
Movement in Valuation Allowances and Reserves [Roll Forward] | ||||||||||||
Balance at Beginning of Period | 4 | [2] | 5 | [2] | 6 | [2] | ||||||
Valuation Allowance and Reserves Additions | 21 | [2] | 18 | [2] | 17 | [2] | ||||||
Charges Utilized / Write-offs | (18) | [2] | (19) | [2] | (18) | [2] | ||||||
Balance at End of Period | 7 | [2] | 4 | [2] | 5 | [2] | ||||||
Income tax valuation allowance [Member]
|
||||||||||||
Movement in Valuation Allowances and Reserves [Roll Forward] | ||||||||||||
Balance at Beginning of Period | 17 | 10 | 7 | |||||||||
Charged / Credited to Net Income | 103 | [3] | 7 | [3] | 1 | |||||||
Charges Utilized / Write-offs | 0 | 0 | ||||||||||
Balance at End of Period | 120 | 17 | 10 | |||||||||
Valuation Allowances and Reserves, Adjustments | (2) | |||||||||||
LSI acquisition
|
||||||||||||
Valuation and Qualifying Accounts Disclosure [Line Items] | ||||||||||||
Valuation Allowance Amount Not Impacting Net Income | $ 94 | |||||||||||
|
X | ||||||||||
- Definition
Amount of Valuation allowance with no impact net impact to net income as an offsetting benefit was recorded for the valuation allowance charge. No definition available.
|
X | ||||||||||
- Definition
Total of allowances and reserves, the valuation and qualifying accounts that are either netted against the cost of an asset (in order to value it at its carrying value) or that reflect a liability established to represent expected future costs, charged to costs and expenses or acquired through business combinations with no charge to costs and expenses. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Total of the adjustments in a given period to allowances and reserves, the valuation and qualifying accounts that are either netted against the cost of an asset (in order to value it at its carrying value) or that reflect a liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Total of allowances and reserves, the valuation and qualifying accounts that are either netted against the cost of an asset (in order to value it at its carrying value) or that reflect a liability established to represent expected future costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Total of allowances and reserves, the valuation and qualifying accounts that are either netted against the cost of an asset (in order to value it at its carrying value) or that reflect a liability established to represent expected future costs, charged to costs and expenses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Total of the deductions in a given period to allowances and reserves, the valuation and qualifying accounts that are either netted against the cost of an asset (in order to value it at its carrying value) or that reflect a liability established to represent expected future costs, representing receivables written off as uncollectible and portions of the reserves utilized, respectively. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|