AVGO Broadcom Inc

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Overview

Broadcom Inc. (“Broadcom”), a Delaware corporation, is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. We develop semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products. We have a history of innovation in the semiconductor industry and offer thousands of products that are used in end products such as enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Our infrastructure software solutions enable customers to plan, develop, deliver, automate, manage and secure applications across mainframe, distributed, edge, mobile, and private and hybrid cloud platforms. Our portfolio of infrastructure and security software is designed to modernize, optimize, and secure the most complex private and hybrid cloud environments, enabling scalability, agility, automation, insights, resiliency and security. We also offer mission critical fibre channel storage area networking (“FC SAN”) products and related software in the form of modules, switches and subsystems incorporating multiple semiconductor products. Unless stated otherwise or the context otherwise requires, references to “Broadcom,” “we,” “our,” and “us” mean Broadcom and its consolidated subsidiaries. We have two reportable segments: semiconductor solutions and infrastructure software.

On November 22, 2023, we completed the acquisition of VMware, Inc. (“VMware”) in a cash-and-stock transaction (the “VMware Merger”). The VMware stockholders received approximately $30,788 million in cash and 544 million shares of Broadcom common stock (on a split adjusted basis) with a fair value of $53,398 million. VMware was a leading provider of multi-cloud services for all applications, enabling digital innovation with enterprise control. We acquired VMware to enhance our infrastructure software capabilities. The results of operations of VMware are included in the unaudited condensed consolidated financial statements commencing on November 22, 2023. See Note 3. “Acquisitions” for additional information.

Basis of Presentation

We operate on a 52- or 53-week fiscal year ending on the Sunday closest to October 31 in a 52-week year and the first Sunday in November in a 53-week year. Our fiscal year ending November 3, 2024 (“fiscal year 2024”) is a 53-week fiscal year, with our first fiscal quarter containing 14 weeks. Our fiscal year ended October 29, 2023 (“fiscal year 2023”) was a 52-week fiscal year.

The accompanying condensed consolidated financial statements include the accounts of Broadcom and its subsidiaries, and have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information. The financial information included herein is unaudited, and reflects all adjustments which are, in the opinion of our management, of a normal recurring nature and necessary for a fair statement of the results for the periods presented. The October 29, 2023 condensed consolidated balance sheet data were derived from Broadcom’s audited consolidated financial statements included in its Annual Report on Form 10-K for fiscal year 2023 as filed with the Securities and Exchange Commission. All intercompany balances and transactions have been eliminated in consolidation. The operating results for the fiscal quarter ended August 4, 2024 are not necessarily indicative of the results that may be expected for fiscal year 2024, or for any other future period.

On July 12, 2024, we completed a ten-for-one forward stock split of our common stock through the filing of an amendment (“Amendment”) to our Amended and Restated Certificate of Incorporation. The Amendment proportionately increased the number of shares of our authorized common stock without changing the par value of $0.001 per share. All share, equity award and per share amounts and related stockholders’ equity balances presented in the accompanying condensed consolidated financial statements and notes thereto have been retroactively adjusted, where applicable, to reflect the stock split.

Significant Accounting Policies

Use of estimates. The preparation of condensed consolidated financial statements in conformity with 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 condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates, and such differences could affect the results of operations reported in future periods.

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We account for a contract with a customer when both parties have approved the contract and are committed to perform their respective obligations, each party’s rights can be identified, payment terms can be identified, the contract has commercial substance, and it is probable that we will collect substantially all of the consideration to which we are entitled. Revenue is recognized when, or as, performance obligations are satisfied by transferring control of a promised product or service to a customer.

Disaggregation

We have considered (1) information that is regularly reviewed by our Chief Executive Officer, who has been identified as the chief operating decision maker (the “CODM”) as defined by the authoritative guidance on segment reporting, in evaluating financial performance and (2) disclosures presented outside of our financial statements in our earnings releases and used in investor presentations to disaggregate revenues. The principal category we use to disaggregate revenues is the nature of our products and subscriptions and services, as presented in our condensed consolidated statements of operations. In addition, revenues by reportable segment are presented in Note 10. “Segment Information.”

The following tables present revenue disaggregated by type of revenue and by region for the periods presented:

						Fiscal Quarter Ended August 4, 2024
						Americas						Asia Pacific						Europe, the Middle East and Africa						Total
						(In millions)
Products						$	582					$	6,411					$	446					$	7,439
Subscriptions and services						3,409						630						1,594						5,633
Total						$	3,991					$	7,041					$	2,040					$	13,072

						Fiscal Quarter Ended July 30, 2023
						Americas						Asia Pacific						Europe, the Middle East and Africa						Total
						(In millions)
Products						$	656					$	5,773					$	488					$	6,917
Subscriptions and services						1,433						174						352						1,959
Total						$	2,089					$	5,947					$	840					$	8,876

						Three Fiscal Quarters Ended August 4, 2024
						Americas						Asia Pacific						Europe, the Middle East and Africa						Total
						(In millions)
Products						$	1,763					$	18,869					$	1,411					$	22,043
Subscriptions and services						9,187						1,623						4,667						15,477
Total						$	10,950					$	20,492					$	6,078					$	37,520

						Three Fiscal Quarters Ended July 30, 2023
						Americas						Asia Pacific						Europe, the Middle East and Africa						Total
						(In millions)
Products						$	2,045					$	17,168					$	1,527					$	20,740
Subscriptions and services						4,117						500						1,167						5,784
Total						$	6,162					$	17,668					$	2,694					$	26,524

Although we recognize revenue for the majority of our products when title and control transfer in Penang, Malaysia, we disclose net revenue by region based primarily on the geographic shipment location or delivery location specified by our distributors, original equipment manufacturer customers, contract manufacturers, channel partners, or software customers.

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Contract Balances

Contract assets and contract liabilities balances were as follows:

						August 4, 2024						October 29, 2023
			(In millions)
Contract Assets						$	3,658					$	955
Contract Liabilities						$	15,548					$	2,786

Changes in our contract assets and contract liabilities primarily result from the timing difference between our performance and the customer’s payment. Contract assets and contract liabilities as of August 4, 2024 included the impact of VMware balances acquired on November 22, 2023. We fulfill our obligations under a contract with a customer by transferring products and services in exchange for consideration from the customer. We recognize a contract asset when we transfer products or services to a customer and the right to consideration is conditional on something other than the passage of time. Accounts receivable are recorded when the customer has been billed or the right to consideration is unconditional. We recognize contract liabilities when we have received consideration or an amount of consideration is due from the customer and we have a future obligation to transfer products or services. As of August 4, 2024, approximately 50% of contract liabilities related to contracts subject to termination for convenience provisions. The amount of revenue recognized during the three fiscal quarters ended August 4, 2024 that was included in the contract liabilities balance as of October 29, 2023 was $2,280 million. The amount of revenue recognized during the three fiscal quarters ended July 30, 2023 that was included in the contract liabilities balance as of October 30, 2022 was $2,677 million.

Remaining Performance Obligations

Revenue allocated to remaining performance obligations represents the transaction price allocated to unsatisfied or partially unsatisfied performance obligations. Remaining performance obligations include unearned revenue and amounts that will be invoiced and recognized as revenue in future periods, but do not include contracts for software, subscriptions or services where the customer is not committed. The customer is not considered committed when termination for convenience without payment of a substantive penalty exists, either contractually or through customary business practice. Additionally, as a practical expedient, we have not included contracts that have an original duration of one year or less, nor have we included contracts with sales-based or usage-based royalties promised in exchange for a license of intellectual property (“IP”).

Certain multi-year customer contracts in our semiconductor solutions and infrastructure software segments contain firmly committed amounts and the remaining performance obligations under these contracts as of August 4, 2024 were approximately $21.2 billion. We expect approximately 44% of this amount to be recognized as revenue over the next 12 months. For contracts with termination for convenience rights, our customers generally do not exercise those rights. In addition, the majority of our contracts have a duration of one year or less. Accordingly, our remaining performance obligations disclosed above are not indicative of revenue for future periods.

Acquisition of VMware, Inc.

On November 22, 2023, we completed the VMware Merger. Pursuant to the Agreement and Plan of Merger, each share of VMware common stock issued and outstanding immediately prior to the VMware Merger was indirectly converted into the right to receive, at the election of the holder of such share of VMware common stock, either $142.50 in cash or 2.52 shares of Broadcom common stock (on a split adjusted basis). The stockholder election was prorated, such that the total number of shares of VMware common stock entitled to receive cash and the total number of shares of VMware common stock entitled to receive Broadcom common stock, in each case, was equal to 50% of the aggregate number of shares of VMware common stock issued and outstanding immediately prior to the VMware Merger. Based on the VMware stockholders’ elections, the VMware stockholders received approximately $30,788 million in cash and 544 million shares of Broadcom common stock with a fair value of $53,398 million.

We funded the cash portion of the VMware Merger with the net proceeds from the issuance of the 2023 Term Loans, as defined and discussed in Note 7. “Borrowings”, as well as cash on hand. We assumed $8,250 million of VMware’s outstanding senior unsecured notes.

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Purchase Consideration

						(In millions)
Fair value of Broadcom common stock issued for outstanding VMware common stock						$	53,398
Cash paid for outstanding VMware common stock						30,788
Cash paid by Broadcom to retire VMware’s term loan						1,257
Fair value of partially vested assumed VMware equity awards						805
Fair value of Broadcom common stock issued for accelerated VMware equity awards						23
Cash paid for accelerated VMware equity awards						13
Effective settlement of pre-existing relationships						6
Total purchase consideration						86,290
Less: cash acquired						6,642
Total purchase consideration, net of cash acquired						$	79,648

We assumed all outstanding VMware restricted stock unit (“RSU”) awards and performance stock unit (“PSU”) awards held by continuing employees. The assumed awards were converted into RSU awards for shares of Broadcom common stock. All outstanding in-the-money VMware stock options and RSU awards held by non-employee directors were accelerated and converted into the right to receive cash and shares of Broadcom common stock, in equal parts.

We allocated the purchase price to tangible and identified intangible assets acquired and liabilities assumed based on their estimated fair values. These fair values were based on estimates and assumptions made by management at the time of acquisition. 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 date of the VMware Merger. Any such revisions or changes may be material.

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The following table presents our preliminary allocation of the total purchase price, net of cash acquired, updated as of August 4, 2024:

						Estimated Fair Value
						(In millions)
Trade accounts receivable						$	3,571
Inventory						15
Assets held-for-sale						5,206
Other current assets						757
Property, plant and equipment						531
Goodwill						54,206
Intangible assets						45,572
Other long-term assets						1,064
Total assets acquired						110,922
Accounts payable						(359)
Employee compensation and benefits						(848)
Current portion of long-term debt						(1,264)
Liabilities held-for-sale						(1,901)
Other current liabilities						(11,041)
Long-term debt						(6,254)
Other long-term liabilities						(9,607)
Total liabilities assumed						(31,274)
Fair value of net assets acquired						$	79,648

Goodwill is primarily attributable to the assembled workforce and anticipated synergies and economies of scale expected from the integration of the VMware business. The synergies include certain cost savings, operating efficiencies and other strategic benefits projected to be achieved as a result of the VMware Merger. Goodwill is not deductible for tax purposes.

Assets and liabilities held-for-sale primarily included the end-user computing (“EUC”) business and certain other assets and liabilities, which were not aligned with our strategic objectives. On July 1, 2024, we sold the EUC business to KKR & Co. Inc. for cash consideration of $3.5 billion, after working capital adjustments. We do not have any material continuing involvement with this business and have presented its results in discontinued operations.

Our results of continuing operations included $3,833 million and $8,609 million of net revenue attributable to VMware for the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively. It is impracticable to determine the effect on net income attributable to VMware as we have integrated a substantial portion of VMware into our ongoing operations. Transaction costs related to the VMware Merger of $12 million and $252 million, respectively, were primarily included in selling, general and administrative expense for the fiscal quarter and three fiscal quarters ended August 4, 2024.

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Intangible Assets

						Fair Value						Weighted-Average Amortization Periods
						(In millions)						(In years)
Developed technology						$	24,156					8
Customer contracts and related relationships						15,239						8
Trade name						1,205						14
Off-market component of customer contracts						242						2
Total identified finite-lived intangible assets						40,842
In-process research and development						4,730						N/A
Total identified intangible assets						$	45,572

Developed technology relates to products used for VMware cloud foundation, application management, security, application networking and security, and software defined edge. We valued the developed technology using the multi-period excess earnings method under the income approach. This method reflects the present value of the projected cash flows that are expected to be generated by the developed technology less charges representing the contribution of other assets to those cash flows. The economic useful life was determined based on the technology cycle related to each developed technology, as well as the cash flows over the forecast period.

Customer contracts and related relationships represent the fair value of future projected revenue that will be derived from sales of products to existing customers of VMware. Customer contracts and related relationships were valued using the with-and-without-method under the income approach. In the with-and-without method, the fair value was measured by the difference between the present values of the cash flows with and without the existing customers in place over the period of time necessary to reacquire the customers. The economic useful life was determined by evaluating many factors, including the useful life of other intangible assets, the length of time remaining on the acquired contracts and the historical customer turnover rates.

Trade name relates to the “VMware” trade name. The fair value was determined by applying the relief-from-royalty method under the income approach. This method is based on the application of a royalty rate to forecasted revenue under the trade name. The economic useful life was determined based on the expected life of the trade name and the cash flows anticipated over the forecast period.

Off-market component of customer contracts relate to rebates and marketing development funds provided to customers prior to the VMware Merger. We valued these contracts based on their remaining unamortized balances, which approximate their fair value. The economic useful life was determined based on the remaining terms of customer contracts.

The fair value of in-process research and development (“IPR&D”) was determined using the multi-period excess earnings method under the income approach. This method reflects the present value of the projected cash flows that are expected to be generated by the IPR&D, less charges representing the contribution of other assets to those cash flows.

The following table presents the details of IPR&D by category as of the date of the VMware Merger:

Description						IPR&D						Percentage of Completion						Estimated Cost to Complete						Expected Release Date (By Fiscal Year)
						(Dollars in millions)
VMware cloud foundation July 2024 releases						$	790					67		%				$	38					2024
VMware cloud foundation March 2025 releases						$	2,900					58		%				$	185					2025
VMware cloud foundation July 2025 releases						$	750					43		%				$	65					2025
VMware cloud foundation networking and security virtualization						$	265					21		%				$	59					2024
Application networking and security						$	25					21		%				$	47					2024

VMware cloud foundation is a flexible and simplified private cloud platform with public cloud extensibility that integrates leading products including compute, storage, networking, and management into a single solution. It enables customers to modernize infrastructure and accelerate developer productivity, with greater resilience and security.

We believe the amounts of purchased intangible assets recorded above represent the fair values of, and approximate the amounts a market participant would pay for, these intangible assets as of the date of the VMware Merger.

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Unaudited Pro Forma Information

The following unaudited pro forma financial information presents combined results of operations for each of the periods presented, as if VMware had been acquired as of the beginning of fiscal year 2023. The unaudited pro forma information includes adjustments to amortization for intangible assets acquired, stock-based compensation expense, interest expense for acquisition financing, amortization of deferred assets and liabilities, and depreciation for property and equipment acquired. The unaudited pro forma information presented below is for informational purposes only and is not necessarily indicative of our consolidated results of operations of the combined business had the acquisition actually occurred at the beginning of fiscal year 2023 or of the results of our future operations of the combined business.

						Fiscal Quarter Ended												Three Fiscal Quarters Ended
						August 4, 2024						July 30, 2023						August 4, 2024						July 30, 2023
						(In millions)
Pro forma net revenue						$	13,088					$	11,938					$	38,118					$	35,827
Pro forma net income (loss)						$	(1,819)					$	2,030					$	2,057					$	5,879

Acquisition of Seagate’s SoC Operations

On April 23, 2024, we acquired certain assets related to the design, development, and manufacture of System-on-Chip (“SoC”) operations of Seagate Technology Holdings plc for $600 million. We acquired these assets to strengthen our portfolio of SoC products.

The following table presents our preliminary allocation of the total purchase price. Goodwill is allocated to the semiconductor solutions segment and is deductible for tax purposes.

						Estimated Fair Value
						(In millions)
Intangible assets						$	570
Goodwill						14
Other assets						16
Total assets acquired						$	600

Intangible Assets

						Fair Value						Weighted-Average Amortization Periods
						(In millions)						(In years)
Customer contracts and related relationships						$	410					11
Developed technology						90						11
Total identified finite-lived intangible assets						500
In-process research and development						70						N/A
Total identified intangible assets						$	570

Customer contracts and related relationships represent the fair value of future projected revenue that will be derived from sales of SoC controller products for hard disk drive applications. Customer contracts and related relationships were valued using the multi-period excess earnings method under the income approach. This method reflects the present value of the projected cash flows that are expected to be generated by the customer contracts and related relationships less charges representing the contribution of other assets to those cash flows. The economic useful life was determined based on the useful lives of other intangible assets and the length of time remaining on the acquired contracts.

Developed technology relates to SoC controller products for hard disk drive applications. We valued the developed technology using the relief-from-royalty method under the income approach. This method is based on the application of a royalty rate to forecasted revenue under the developed technology. The economic useful life was determined based on the technology cycle related to each developed technology, as well as the cash flows over the forecast period.

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Cash Equivalents

Cash equivalents included $1,791 million and $1,470 million of time deposits and $1,344 million and $1,650 million of money-market funds as of August 4, 2024 and October 29, 2023, respectively. For time deposits, carrying value approximates fair value due to the short-term nature of the instruments. The fair value of money-market funds, which was consistent with their carrying value, was determined using unadjusted prices in active, accessible markets for identical assets, and as such, they were classified as Level 1 assets in the fair value hierarchy.

Accounts Receivable Factoring

We sell certain of our trade accounts receivable on a non-recourse basis to third-party financial institutions pursuant to factoring arrangements. We account for these transactions as sales of receivables and present cash proceeds as cash provided by operating activities in the condensed consolidated statements of cash flows. Total trade accounts receivable sold under the factoring arrangements were $1,450 million and $3,950 million during the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively, and $900 million and $2,825 million during the fiscal quarter and three fiscal quarters ended July 30, 2023, respectively.

Inventory

						August 4, 2024						October 29, 2023
						(In millions)
Finished goods						$	568					$	676
Work-in-process						896						901
Raw materials						430						321
Total inventory						$	1,894					$	1,898

Discontinued Operations

On July 1, 2024, we sold the EUC business for $3.5 billion, after working capital adjustments. In connection with the sale, we agreed to provide transitional services to the buyer on a short-term basis. We do not have any material continuing involvement with this business and have presented its results in discontinued operations.

The following table summarizes the selected financial information of discontinued operations:

						Fiscal Quarter Ended August 4, 2024						Three Fiscal Quarters Ended August 4, 2024
						(In millions)
Net revenue						$	178																	$	858
Loss from discontinued operations before income taxes						$	(100)																	$	(31)
Provision for income taxes						(343)																		(361)
Loss from discontinued operations, net of income taxes						$	(443)																	$	(392)

Other Current Assets

						August 4, 2024						October 29, 2023
						(In millions)
Current portion of contract assets						$	1,557					$	499
Prepaid expenses						1,070						743
Other						809						364
Total other current assets						$	3,436					$	1,606

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Other Current Liabilities

						August 4, 2024						October 29, 2023
						(In millions)
Contract liabilities						$	9,789					$	2,487
Tax liabilities						1,091						473
Interest payable						500						380
Other						1,198						312
Total other current liabilities						$	12,578					$	3,652

Other Long-Term Liabilities

						August 4, 2024						October 29, 2023
						(In millions)
Contract liabilities						$	5,759					$	299
Deferred tax liabilities						5,594						99
Unrecognized tax benefits						3,356						2,792
Other						1,587						657
Total other long-term liabilities						$	16,296					$	3,847

Supplemental Cash Flow Information

						Fiscal Quarter Ended												Three Fiscal Quarters Ended
						August 4, 2024						July 30, 2023						August 4, 2024						July 30, 2023
						(In millions)
Cash paid for interest						$	816					$	348					$	2,512					$	1,106
Cash paid for income taxes						$	585					$	427					$	2,323					$	1,591

Goodwill

																														Semiconductor Solutions						Infrastructure Software						Total
																														(In millions)
Balance as of October 29, 2023																														$	26,001					$	17,652					$	43,653
Acquisition of VMware																														—						54,206						54,206
Acquisition of Seagate’s SoC operations																														14						—						14
Balance as of August 4, 2024																														$	26,015					$	71,858					$	97,873

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Intangible Assets

						Gross Carrying Amount						Accumulated Amortization						Net Book Value
						(In millions)
As of August 4, 2024:
Purchased technology						$	39,657					$	(15,141)					$	24,516
Customer contracts and related relationships						22,950						(8,217)						14,733
Trade names						1,854						(474)						1,380
Other						177						(112)						65
Intangible assets subject to amortization						64,638						(23,944)						40,694
In-process research and development						2,340						—						2,340
Total						$	66,978					$	(23,944)					$	43,034
As of October 29, 2023:
Purchased technology						$	12,938					$	(10,723)					$	2,215
Customer contracts and related relationships						7,059						(5,753)						1,306
Trade names						649						(388)						261
Other						177						(102)						75
Intangible assets subject to amortization						20,823						(16,966)						3,857
In-process research and development						10						—						10
Total						$	20,833					$	(16,966)					$	3,867

Based on the amount of intangible assets subject to amortization as of August 4, 2024, the expected amortization expense was as follows:

Fiscal Year:						Expected Amortization Expense
						(In millions)
2024 (remainder)						$	2,451
2025						8,055
2026						7,571
2027						6,533
2028						5,443
Thereafter						10,641
Total						$	40,694

The weighted-average remaining amortization periods by intangible asset category were as follows:

Amortizable intangible assets:						August 4, 2024
						(In years)
Purchased technology						7
Customer contracts and related relationships						7
Trade names						12
Other						7

Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period. Diluted net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock and potentially dilutive shares of common stock outstanding during the period.

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Potentially dilutive shares outstanding include the dilutive effect of unvested RSUs and employee stock purchase plan (“ESPP”) rights (collectively referred to as “equity awards”). Potentially dilutive shares whose effect would have been antidilutive are excluded from the computation of diluted net income (loss) per share.

The dilutive effect of equity awards is calculated based on the average stock price for each fiscal period, using the treasury stock method. Under the treasury stock method, the amount the employee must pay for purchasing shares under the ESPP and the amount of stock-based compensation expense for future service that we have not yet recognized are collectively assumed to be used to repurchase shares.

For the fiscal quarter ended August 4, 2024, diluted net income (loss) per share excluded the potentially dilutive effect of 159 million shares of weighted-average equity awards outstanding as their effect was antidilutive.

The following is a reconciliation of the numerators and denominators of the basic and diluted net income (loss) per share computations for the periods presented:

						Fiscal Quarter Ended												Three Fiscal Quarters Ended
						August 4, 2024						July 30, 2023						August 4, 2024						July 30, 2023
						(In millions, except per share data)
Numerator:
Income (loss) from continuing operations						$	(1,432)					$	3,303					$	1,963					$	10,558
Loss from discontinued operations, net of income taxes						(443)						—						(392)						—
Net income (loss)						$	(1,875)					$	3,303					$	1,571					$	10,558
Denominator:
Weighted-average shares outstanding - basic						4,663						4,130						4,606						4,154
Dilutive effect of equity awards						—						139						156						120
Weighted-average shares outstanding - diluted						4,663						4,269						4,762						4,274

Basic income (loss) per share:
Income (loss) per share from continuing operations						$	(0.31)					$	0.80					$	0.43					$	2.54
Loss per share from discontinued operations						(0.09)						—						(0.09)						—
Net income (loss) per share						$	(0.40)					$	0.80					$	0.34					$	2.54
Diluted income (loss) per share:
Income (loss) per share from continuing operations						$	(0.31)					$	0.77					$	0.41					$	2.47
Loss per share from discontinued operations						(0.09)						—						(0.08)						—
Net income (loss) per share						$	(0.40)					$	0.77					$	0.33					$	2.47

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						Effective Interest Rate						August 4, 2024						October 29, 2023
						(Dollars in millions)
July 2024 Senior Notes - fixed rate
5.050% notes due July 2027						5.27		%				$	1,250					$	—
5.050% notes due July 2029						5.23		%				2,250						—
5.150% notes due November 2031						5.30		%				1,500						—
												5,000						—
2023 Term Loans - floating rate
SOFR plus 1.250% term loan due November 2026						7.03		%				11,195						—
SOFR plus 1.625% term loan due November 2028						7.23		%				8,000						—
												19,195						—
April 2022 Senior Notes - fixed rate
4.000% notes due April 2029						4.17		%				750						750
4.150% notes due April 2032						4.30		%				1,200						1,200
4.926% notes due May 2037						5.33		%				2,500						2,500
												4,450						4,450
September 2021 Senior Notes - fixed rate
3.137% notes due November 2035						4.23		%				3,250						3,250
3.187% notes due November 2036						4.79		%				2,750						2,750
												6,000						6,000
March 2021 Senior Notes - fixed rate
3.419% notes due April 2033						4.66		%				2,250						2,250
3.469% notes due April 2034						4.63		%				3,250						3,250
												5,500						5,500
January 2021 Senior Notes - fixed rate
1.950% notes due February 2028						2.10		%				750						750
2.450% notes due February 2031						2.56		%				2,750						2,750
2.600% notes due February 2033						2.70		%				1,750						1,750
3.500% notes due February 2041						3.60		%				3,000						3,000
3.750% notes due February 2051						3.84		%				1,750						1,750
												10,000						10,000
June 2020 Senior Notes - fixed rate
3.459% notes due September 2026						4.19		%				752						752
4.110% notes due September 2028						5.02		%				1,118						1,118
												1,870						1,870
May 2020 Senior Notes - fixed rate
2.250% notes due November 2023						2.40		%				—						105
3.150% notes due November 2025						3.29		%				900						900
4.150% notes due November 2030						4.27		%				1,856						1,856
4.300% notes due November 2032						4.39		%				2,000						2,000
												4,756						4,861
April 2020 Senior Notes - fixed rate
5.000% notes due April 2030						5.18		%				606						606

---

						Effective Interest Rate						August 4, 2024						October 29, 2023
						(Dollars in millions)
April 2019 Senior Notes - fixed rate
3.625% notes due October 2024						3.98		%				622						622
4.750% notes due April 2029						4.95		%				1,655						1,655
												2,277						2,277
2017 Senior Notes - fixed rate
3.625% notes due January 2024						3.74		%				—						829
3.125% notes due January 2025						3.23		%				495						495
3.875% notes due January 2027						4.02		%				2,922						2,922
3.500% notes due January 2028						3.60		%				777						777
												4,194						5,023
Assumed VMware Senior Notes - fixed rate
1.000% notes due August 2024						5.80		%				1,250						—
4.500% notes due May 2025						5.81		%				750						—
1.400% notes due August 2026						5.60		%				1,500						—
4.650% notes due May 2027						5.60		%				500						—
3.900% notes due August 2027						5.50		%				1,250						—
1.800% notes due August 2028						5.44		%				750						—
4.700% notes due May 2030						5.75		%				750						—
2.200% notes due August 2031						5.74		%				1,500						—
												8,250						—
Assumed CA Senior Notes - fixed rate
4.700% notes due March 2027						5.15		%				215						215
Other senior notes - fixed rate
3.500% notes due August 2024						3.55		%				—						7
4.500% notes due August 2034						4.55		%				6						6
												6						13
Total principal amount outstanding												$	72,319					$	40,815
Current portion of principal amount outstanding												$	3,117					$	1,563
Short-term finance lease liabilities												44						45
Total current portion of long-term debt												$	3,161					$	1,608
Non-current portion of principal amount outstanding												$	69,202					$	39,252
Long-term finance lease liabilities												17						4
Unamortized discount and issuance costs												(2,421)						(1,635)
Total long-term debt												$	66,798					$	37,621

---

July 2024 Senior Notes

In July 2024, we issued $1,250 million of 5.050% senior unsecured notes due July 2027, $2,250 million of 5.050% senior unsecured notes due July 2029 and $1,500 million of 5.150% senior unsecured notes due November 2031 (collectively, the “July 2024 Senior Notes”).

We may redeem or purchase, in whole or in part, the July 2024 Senior Notes prior to their maturities, subject to a specified make-whole premium as set forth in the indenture. In the event of a change of control, note holders will have the right to require us to repurchase all or any part of the holders’ notes at a price equal to 101% of the principal amount plus accrued and unpaid interest. Each series of the July 2024 Senior Notes pays interest semi-annually.

2023 Term Loans

On August 15, 2023, we entered into a credit agreement (the “2023 Credit Agreement”), which provided us with the ability to borrow term loans in connection with the VMware Merger. Upon completion of the VMware Merger, we entered an $11,195 million unsecured term A-2 facility (the "Term A-2 Loan”), an $11,195 million unsecured term A-3 facility (the “Term A-3 Loan”), and an $8,000 million unsecured term A-5 facility (the “Term A-5 Loan”, collectively, the “2023 Term Loans”).

During the fiscal quarter ended May 5, 2024, we repaid $2,000 million of our Term A-2 Loan. During the fiscal quarter ended August 4, 2024, using the net proceeds from the July 2024 Senior Notes and the sale of the EUC business, as well as cash on hand, we repaid the remaining $9,195 million of our Term A-2 Loan. As a result, we wrote off unamortized discount and issuance costs of $83 million and $105 million during the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively, which were included in interest expense in the condensed consolidated statements of operations.

The 2023 Term Loans bear interest, payable monthly or every three months at our election, at floating interest rates tied to the Secured Overnight Financing Rate (“SOFR”). The Term A-3 Loan and Term A-5 Loan will mature and be payable on the third or fifth anniversary, respectively, of the date of the VMware Merger. Subject to the terms of the 2023 Credit Agreement, we are permitted to voluntarily make prepayments of the term loans without penalty. Our obligations under the 2023 Credit Agreement are unsecured and are not guaranteed by any of our subsidiaries.

Assumed VMware Senior Notes

In connection with the VMware Merger, we assumed $8,250 million of VMware’s outstanding senior unsecured notes (the “Assumed VMware Senior Notes”). We may redeem all or a portion of the Assumed VMware Senior Notes at any time, subject to a specified make-whole premium as set forth in the indenture. Upon the occurrence of a change of control and certain downgrades of the ratings, note holders will have the right to require us to repurchase all or any part of the holders’ notes in cash at a price equal to 101% of the principal amount plus accrued and unpaid interest. Each series of the Assumed VMware Senior Notes pays interest semi-annually.

2021 Credit Agreement

In January 2021, we entered into a credit agreement (the “2021 Credit Agreement”), which provides for a five-year $7.5 billion unsecured revolving credit facility, of which $500 million is available for the issuance of multi-currency letters of credit. The issuance of letters of credit and certain other instruments would reduce the aggregate amount otherwise available under our revolving credit facility for revolving loans. Subject to the terms of the 2021 Credit Agreement, we are permitted to borrow, repay and reborrow revolving loans at any time prior to the earlier of (a) January 19, 2026 and (b) the date of termination in whole of the revolving lenders’ commitments under the 2021 Credit Agreement. We had no borrowings outstanding under our revolving credit facility at either August 4, 2024 or October 29, 2023.

Commercial Paper

In February 2019, we established a commercial paper program pursuant to which we may issue unsecured commercial paper notes (“Commercial Paper”) in principal amount of up to $2 billion outstanding at any time with maturities of up to 397 days from the date of issue. Commercial Paper is sold under customary terms in the commercial paper market and may be issued at a discount from par or, alternatively, may be sold at par and bear interest at rates dictated by market conditions at the time of their issuance. The discount associated with the Commercial Paper is amortized to interest expense over its term. Outstanding Commercial Paper reduces the amount that would otherwise be available to borrow for general corporate purposes under our revolving credit facility. We had no Commercial Paper outstanding at either August 4, 2024 or October 29, 2023.

---

Fair Value of Debt

As of August 4, 2024, the estimated aggregate fair value of debt was $68,417 million. The fair value of our senior notes was determined using quoted prices from less active markets. The carrying value of the 2023 Term Loans approximates its fair value as the 2023 Term Loans are carried at a market observable interest rate that resets periodically. All of our debt obligations are categorized as Level 2 instruments.

Future Principal Payments of Debt

The future scheduled principal payments of debt as of August 4, 2024 were as follows:

Fiscal Year:						Future Scheduled Principal Payments
						(In millions)
2024 (remainder)						$	1,872
2025						1,245
2026						3,152
2027						17,332
2028						3,395
Thereafter						45,323
Total						$	72,319

As of August 4, 2024 and October 29, 2023, we were in compliance with all debt covenants.

Stock Split

On July 12, 2024, we completed a ten-for-one forward stock split of our common stock, proportionately increasing the number of shares of our authorized common stock from 2.9 billion to 29 billion without changing the par value of $0.001 per share. All share, equity award and per share amounts and related stockholders’ equity balances presented herein have been retroactively adjusted, where applicable, to reflect the stock split.

Cash Dividends Declared and Paid

						Fiscal Quarter Ended												Three Fiscal Quarters Ended
						August 4, 2024						July 30, 2023						August 4, 2024						July 30, 2023
						(In millions, except per share data)
Dividends per share to common stockholders						$	0.525					$	0.460					$	1.575					$	1.380
Dividends to common stockholders						$	2,452					$	1,901					$	7,330					$	5,741

Stock Repurchase Programs

We repurchased and retired approximately 67 million shares of our common stock for $7,176 million during the fiscal quarter ended February 4, 2024 which completed all $20 billion under our previously authorized stock repurchase programs prior to expiration on December 31, 2023. During the fiscal quarter and three fiscal quarters ended July 30, 2023, we repurchased and retired approximately 23 million and 90 million shares of our common stock for $1,707 million and $5,701 million, respectively.

VMware, Inc. Amended and Restated 2007 Equity and Incentive Plan

In connection with the VMware Merger, we assumed the VMware, Inc. Amended and Restated 2007 Equity and Incentive Plan (the “2007 Plan”) and outstanding unvested RSU awards and PSU awards originally granted by VMware under the 2007 Plan that were held by continuing employees. These assumed awards were converted into approximately 46 million Broadcom RSU awards and will vest in accordance with their original terms, generally over 4 years. Under the 2007 Plan, we may grant stock options and stock appreciation rights with an exercise price that is no less than the fair market value on the date of grant, restricted stock, RSUs, and other stock-based or cash-based awards to employees. Equity awards granted under the 2007 Plan following the VMware Merger are expected to be on similar terms and consistent with similar grants made pursuant to our Amended and Restated Broadcom Inc. 2012 Stock Incentive Plan. Awards cancelled or forfeited and shares withheld to satisfy tax withholding obligations become available for future issuance. As of August 4, 2024, 59 million shares remained available for issuance under the 2007 Plan.

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Stock-Based Compensation Expense

						Fiscal Quarter Ended												Three Fiscal Quarters Ended
						August 4, 2024						July 30, 2023						August 4, 2024						July 30, 2023
						(In millions)
Cost of products sold						$	31					$	25					$	87					$	63
Cost of subscriptions and services						143						36						418						85
Research and development						877						444						2,621						1,065
Selling, general and administrative						330						124						1,230						320
Total stock-based compensation expense (a)						$	1,381					$	629					$	4,356					$	1,533

_______________

(a) Does not include $6 million and $142 million of stock-based compensation expense for the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively, which was included in loss from discontinued operations, net of income taxes in our condensed consolidated statements of operations.

For the fiscal quarter and three fiscal quarters ended August 4, 2024, stock-based compensation expense included $285 million and $1,382 million, respectively, related to equity awards assumed in connection with the VMware Merger.

As of August 4, 2024, the total unrecognized compensation cost related to unvested stock-based awards was $12,900 million, which is expected to be recognized over the remaining weighted-average service period of 3.2 years.

Equity Incentive Award Plans

A summary of time- and market-based RSU activity is as follows:

						Number of RSUs Outstanding						Weighted-Average Grant Date Fair Value Per Share
						(In millions, except per share data)
Balance as of October 29, 2023						218						$	38.92
Assumed in VMware Merger						46						$	96.85
Granted						80						$	114.99
Vested						(84)						$	52.60
Forfeited						(18)						$	84.87
Balance as of August 4, 2024						242						$	66.50

The aggregate fair value of time- and market-based RSUs that vested during the three fiscal quarters ended August 4, 2024 was $11,176 million, which represented the market value of our common stock on the date that the RSUs vested. The number of RSUs vested included shares of common stock that we withheld for settlement of employees’ tax obligations due upon the vesting of RSUs.

The provision for income taxes was $4,238 million and $4,190 million for the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively, and $271 million and $572 million for the fiscal quarter and three fiscal quarters ended July 30, 2023, respectively. The increases in the provision for income taxes for the fiscal quarter and three fiscal quarters ended August 4, 2024, as compared to the prior year fiscal periods, were primarily due to the impact of an intra-group transfer of certain IP rights to the United States as a result of supply chain realignment and the resulting shift in the jurisdictional mix of income. We recognized a discrete tax provision of $4,522 million during the fiscal quarter ended August 4, 2024 from the establishment of a deferred tax liability as a result of the book and tax basis difference on these transferred IP rights, partially offset by excess tax benefits from stock-based awards.

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Reportable Segments

We have two reportable segments: semiconductor solutions and infrastructure software. Each segment has separate financial information that is utilized on a regular basis by the CODM in determining how to allocate resources and evaluate performance. The reportable segments are determined based on several factors including, but not limited to, customer base, homogeneity of products, technology, delivery channels and similar economic characteristics.

Semiconductor solutions. We provide semiconductor solutions for managing the movement of data in data center, service provider, and enterprise networking applications. We provide a broad variety of radio frequency semiconductor devices, wireless connectivity solutions, custom touch controllers, and inductive charging solutions for mobile applications. We also provide semiconductor solutions for enabling the set-top box and broadband access markets and for enabling 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 and solid state drives. We also provide a broad variety of products for the general industrial and automotive markets. Our semiconductor solutions segment also includes our IP licensing.

Infrastructure software. We provide a portfolio of software solutions that enables customers to plan, develop, deliver, automate, manage and secure applications across mainframe, distributed, edge, mobile, and private and hybrid cloud platforms. Our portfolio of infrastructure and security software is designed to modernize, optimize, and secure the most complex private and hybrid cloud environments, enabling scalability, agility, automation, insights, resiliency and security. We also offer mission critical FC SAN products and related software.

Our CODM assesses the performance of each segment and allocates resources to each segment based on net revenue and operating results and does not evaluate each segment using discrete asset information. Operating results by segment include items that are directly attributable to each segment and also include shared expenses such as marketing, general and administrative activities, facilities and information technology expenses. Shared expenses are primarily allocated based on revenue and headcount.

Unallocated Expenses

Unallocated expenses include amortization of acquisition-related intangible assets, stock-based compensation expense, restructuring and other charges, acquisition-related costs, and other costs, 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 the operating results of each segment. However, the CODM does not evaluate depreciation expense by operating segment and, therefore, it is not separately presented. There was no inter-segment revenue for any of the periods presented. The accounting policies of the segments are the same as those described in the “Summary of Significant Accounting Policies” included in the Annual Report on Form 10-K for fiscal year 2023.

						Fiscal Quarter Ended												Three Fiscal Quarters Ended
						August 4, 2024						July 30, 2023						August 4, 2024						July 30, 2023
						(In millions)
Net revenue:
Semiconductor solutions						$	7,274					$	6,941					$	21,866					$	20,856
Infrastructure software						5,798						1,935						15,654						5,668
Total net revenue						$	13,072					$	8,876					$	37,520					$	26,524
Operating income:
Semiconductor solutions						$	4,042					$	4,092					$	12,136					$	12,215
Infrastructure software						3,906						1,444						9,789						4,163
Unallocated expenses						(4,160)						(1,680)						(13,089)						(4,411)
Total operating income						$	3,788					$	3,856					$	8,836					$	11,967

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Commitments

The following table summarizes contractual obligations and commitments as of August 4, 2024:

Fiscal Year:						Purchase Commitments						Other Contractual Commitments
						(In millions)
2024 (remainder)						$	22					$	214
2025						271						413
2026						264						419
2027						7						350
2028						7						306
Thereafter						—						1,193
Total						$	571					$	2,895

Purchase Commitments. Represent unconditional purchase obligations to purchase goods or services, primarily inventory, that are enforceable and legally binding on us and specify all significant terms, including fixed or minimum quantities to be purchased, price provisions, and the approximate timing of the transaction. Purchase obligations exclude agreements that are cancelable without penalty and unconditional purchase obligations with a remaining term of one year or less.

Other Contractual Commitments. Represent amounts payable pursuant to agreements related to information technology and other service agreements.

Due to the inherent uncertainty with respect to the timing of future cash outflows associated with our unrecognized tax benefits as of August 4, 2024, we are unable to reliably estimate the timing of cash settlement with the respective taxing authorities. Therefore, $3,356 million of unrecognized tax benefits and accrued interest and penalties as of August 4, 2024 have been excluded from the table above.

Contingencies

From time to time, we are involved in litigation that we believe is of the type common to companies engaged in our lines of business, including commercial disputes, employment issues, tax disputes and disputes involving claims by third parties that our activities infringe their patent, copyright, trademark or other IP rights, as well as regulatory investigations or inquiries. Legal proceedings and regulatory investigations or inquiries are often complex, may require the expenditure of significant funds and other resources, and the outcomes of such proceedings are inherently uncertain, with material adverse outcomes possible. IP 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 IP. Claims that our products or processes infringe or misappropriate any third-party IP 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 IP rights. Regardless of the merit or resolution of any such litigation, complex IP litigation is generally costly and diverts the efforts and attention of our management and technical personnel.

Lawsuits Relating to VMware Backlog

On March 31, 2020, a securities class action lawsuit was filed against VMware and certain former officers of VMware in the United States District Court for the Northern District of California (the “California Court”). On September 18, 2020, the plaintiffs filed a consolidated amended complaint alleging that VMware’s statements about backlog and the related internal controls during the period from August 2018 through February 2020 were materially misleading. The defendants filed a motion to dismiss, which was granted with leave to amend on September 10, 2021. On October 8, 2021, the plaintiffs filed their Second Amended Consolidated Complaint based on the same alleged disclosure deficiencies. The defendants’ motion to dismiss the Second Amended Consolidated Complaint was filed on November 5, 2021. On April 2, 2023, the California Court denied the defendants’ motion to dismiss finding that the plaintiffs had adequately stated claims under Sections 10 and 20A of the Securities Exchange Act of 1934. The parties have agreed to settlement terms pending approval by the California Court.

Other Matters

We are currently engaged in a number of legal actions in the ordinary course of our business.

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Contingency Assessment

We do not believe, based on currently available facts and circumstances, that the final outcome of any pending legal proceedings, ongoing regulatory investigations or tax disputes, taken individually or as a whole, will have a material adverse effect on our condensed consolidated financial statements. 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, regulatory investigations or tax disputes 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 IP dispute.

During the periods presented, no material amounts have been accrued or disclosed in the accompanying condensed consolidated financial statements with respect to loss contingencies associated with any other legal proceedings, regulatory investigations or tax disputes, 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 condensed consolidated financial statements.

Other Indemnifications

As is customary in our industry and as provided for in local law in the U.S. 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 IP 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 liabilities 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.

In connection with the VMware Merger, we initiated restructuring activities to integrate the acquired business, align our workforce and improve efficiencies in our operations. We recognized $361 million and $1,418 million of restructuring charges primarily related to employee termination costs during the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively. We expect these restructuring activities to be substantially completed by the end of fiscal year 2025. These charges were recognized primarily in operating expenses in continuing operations.

The following table summarizes the significant activities within, and components of, the restructuring liabilities during the three fiscal quarters ended August 4, 2024:

						Employee Termination Costs						Lease and Impairment Costs						Total
						(In millions)
Balance as of October 29, 2023						$	2					$	—					$	2
Restructuring charges (a)						1,270						148						1,418
Utilization						(1,117)						(148)						(1,265)
Balance as of August 4, 2024						$	155					$	—					$	155

_______________

(a) Lease and impairment costs included the write-down of $82 million lease-related assets and $66 million of asset impairments and other costs.

Cash Dividends Declared

On September 4, 2024, our Board of Directors declared a quarterly cash dividend of $0.53 per share on our common stock, payable on September 30, 2024 to stockholders of record on September 19, 2024.

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v3.24.2.u1

Document and Entity Information - shares	9 Months Ended
	Aug. 04, 2024	Aug. 30, 2024
Document and Entity Section Information [Abstract]
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--11-03
Document Fiscal Period Focus	Q3
Amendment Flag	false
Document Type	10-Q
Document Period End Date	Aug. 04, 2024
Document Quarterly Report	true
Document Transition Report	false
Entity Registrant Name	Broadcom Inc.
Entity Incorporation, State or Country Code	DE
Entity File Number	001-38449
Entity Tax Identification Number	35-2617337
Entity Address, Address Line One	3421 Hillview Ave
Entity Address, City or Town	Palo Alto,
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94304
City Area Code	(650)
Local Phone Number	427-6000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	AVGO
Security Exchange Name	NASDAQ
Entity Central Index Key	0001730168
Entity Common Stock, Shares Outstanding		4,670,576,083

v3.24.2.u1

Condensed Consolidated Balance Sheets - Unaudited - USD ($) $ in Millions	Aug. 04, 2024	Oct. 29, 2023
Current assets:
Cash and cash equivalents	$ 9,952	$ 14,189
Trade accounts receivable, net	4,665	3,154
Inventory	1,894	1,898
Other current assets	3,436	1,606
Total current assets	19,947	20,847
Long-term assets:
Property, plant and equipment, net	2,602	2,154
Goodwill	97,873	43,653
Intangible assets, net	43,034	3,867
Other long-term assets	4,510	2,340
Total assets	167,966	72,861
Current liabilities:
Accounts payable	1,757	1,210
Employee compensation and benefits	1,725	935
Current portion of long-term debt	3,161	1,608
Other current liabilities	12,578	3,652
Total current liabilities	19,221	7,405
Long-term liabilities:
Long-term debt	66,798	37,621
Other long-term liabilities	16,296	3,847
Total liabilities	102,315	48,873
Commitments and contingencies (Note 11)
Stockholders' equity:
Preferred stock, $0.001 par value; 100 shares authorized; none issued and outstanding	0	0
Common stock, $0.001 par value; 29,000 shares authorized; 4,671 and 4,139 shares issued and outstanding as of August 4, 2024 and October 29, 2023, respectively	5	4
Additional paid-in capital	67,313	21,095
Retained earnings (accumulated deficit)	(1,875)	2,682
Accumulated other comprehensive income	208	207
Total stockholders’ equity	65,651	23,988
Total liabilities and equity	$ 167,966	$ 72,861

v3.24.2.u1

Condensed Consolidated Balance Sheets - Unaudited Parenthetical - $ / shares	Aug. 04, 2024	Oct. 29, 2023
Statement of Financial Position [Abstract]
Preferred stock, Par value per share	$ 0.001	$ 0.001
Preferred stock, Shares authorized	100,000,000	100,000,000
Preferred stock, Shares issued	0	0
Preferred stock, Shares outstanding	0	0
Common stock, Par value per share	$ 0.001	$ 0.001
Common stock, Shares authorized	29,000,000,000	29,000,000,000
Common stock, Shares issued	4,671,000,000	4,139,000,000
Common stock, Shares outstanding	4,671,000,000	4,139,000,000

v3.24.2.u1

Condensed Consolidated Statements of Operations - Unaudited - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Aug. 04, 2024	Jul. 30, 2023	Aug. 04, 2024	Jul. 30, 2023
Net revenue:
Total net revenue	$ 13,072	$ 8,876	$ 37,520	$ 26,524
Cost of revenue:
Cost of products sold	2,434	2,107	7,023	6,351
Cost of subscriptions and services	699	165	2,366	472
Amortization of acquisition-related intangible assets	1,525	439	4,421	1,415
Restructuring charges	58	1	203	3
Total cost of revenue	4,716	2,712	14,013	8,241
Gross margin	8,356	6,164	23,507	18,283
Research and development	2,353	1,358	7,076	3,865
Selling, general and administrative	1,100	388	3,949	1,174
Amortization of acquisition-related intangible assets	812	350	2,431	1,046
Restructuring and other charges	303	212	1,215	231
Total operating expenses	4,568	2,308	14,671	6,316
Operating income	3,788	3,856	8,836	11,967
Interest expense	(1,064)	(406)	(3,037)	(1,217)
Other income, net	82	124	354	380
Income from continuing operations before income taxes	2,806	3,574	6,153	11,130
Provision for income taxes	4,238	271	4,190	572
Income (loss) from continuing operations	(1,432)	3,303	1,963	10,558
Loss from discontinued operations, net of income taxes	(443)	0	(392)	0
Net income (loss)	$ (1,875)	$ 3,303	$ 1,571	$ 10,558
Basic income (loss) per share:
Income (loss) per share from continuing operations	$ (0.31)	$ 0.80	$ 0.43	$ 2.54
Loss per share from discontinued operations	(0.09)	0	(0.09)	0
Net income (loss) per share	(0.40)	0.80	0.34	2.54
Diluted income (loss) per share:
Income (loss) per share from continuing operations	(0.31)	0.77	0.41	2.47
Loss per share from discontinued operations	(0.09)	0	(0.08)	0
Net income (loss) per share	$ (0.40)	$ 0.77	$ 0.33	$ 2.47
Weighted-average shares used in per share calculations:
Weighted-average shares outstanding - basic	4,663	4,130	4,606	4,154
Weighted Average Number of Shares Outstanding, Diluted	4,663	4,269	4,762	4,274
Products
Net revenue:
Total net revenue	$ 7,439	$ 6,917	$ 22,043	$ 20,740
Subscriptions and services
Net revenue:
Total net revenue	$ 5,633	$ 1,959	$ 15,477	$ 5,784

v3.24.2.u1

Condensed Consolidated Statements of Comprehensive Income - Unaudited - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Aug. 04, 2024	Jul. 30, 2023	Aug. 04, 2024	Jul. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (1,875)	$ 3,303	$ 1,571	$ 10,558
Other comprehensive income (loss), net of tax:
Change in unrealized gain on derivative instruments	0	228	0	100
Change in actuarial loss and prior service costs associated with defined benefit plans	1	0	1	0
Other comprehensive income, net of tax	1	228	1	100
Comprehensive income (loss)	$ (1,874)	$ 3,531	$ 1,572	$ 10,658

v3.24.2.u1

Condensed Consolidated Statements of Cash Flows - Unaudited - USD ($) $ in Millions	9 Months Ended
	Aug. 04, 2024	Jul. 30, 2023
Cash flows from operating activities:
Net income (loss)	$ 1,571	$ 10,558
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of intangible and right-of-use assets	6,962	2,525
Depreciation	437	378
Stock-based compensation	4,427	1,533
Deferred taxes and other non-cash taxes	2,833	(1,140)
Loss on debt extinguishment	105	0
Non-cash interest expense	336	98
Other	266	(18)
Changes in assets and liabilities, net of acquisitions and disposals:
Trade accounts receivable, net	2,078	44
Inventory	16	83
Accounts payable	206	(6)
Employee compensation and benefits	(118)	(382)
Other current assets and current liabilities	(3,913)	66
Other long-term assets and long-term liabilities	(848)	(482)
Net cash provided by operating activities	14,358	13,257
Cash flows from investing activities:
Acquisitions of businesses, net of cash acquired	(25,978)	(17)
Proceeds from sale of business	3,485	0
Purchases of property, plant and equipment	(426)	(347)
Purchases of investments	(145)	(288)
Sales of investments	136	74
Other	(10)	13
Net cash used in investing activities	(22,938)	(565)
Cash flows from financing activities:
Proceeds from long-term borrowings	34,985	0
Payments on debt obligations	(12,136)	(260)
Payments of dividends	(7,330)	(5,741)
Repurchases of common stock - repurchase program	(7,176)	(5,701)
Shares repurchased for tax withholdings on vesting of equity awards	(4,012)	(1,407)
Issuance of common stock	64	63
Other	(52)	(7)
Net cash provided by (used in) financing activities	4,343	(13,053)
Net change in cash and cash equivalents	(4,237)	(361)
Cash and cash equivalents at beginning of period	14,189	12,416
Cash and cash equivalents at end of period	$ 9,952	$ 12,055

v3.24.2.u1

Condensed Consolidated Statement of Stockholders' Equity - USD ($) $ in Millions	Total	Common Stock	Additional Paid-in Capital	Retained Earnings (Accumulated Deficit)	Accumulated Other Comprehensive Income (Loss)
Shares, Outstanding, Beginning Balance at Oct. 30, 2022		4,179,000,000
Beginning Balance at Oct. 30, 2022	$ 22,709	$ 4	$ 21,155	$ 1,604	$ (54)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	3,774			3,774
Other comprehensive income (loss), net of tax	(126)				(126)
Adjustments to additional paid in capital, Dividends in excess of retained earnings			0
Dividends to common stockholders	(1,926)			(1,926)
Common stock issued, Shares		18,000,000
Common stock issued, Value	0	$ 0	0
Stock-based compensation	391		391
Repurchases of common stock, Shares		(21,000,000)
Repurchases of common stock, Value	(1,188)	$ 0	(107)	(1,081)
Shares repurchased for tax withholdings upon vesting of equity awards, Shares		(7,000,000)
Shares repurchased for tax withholdings upon vesting of equity awards, Value	(324)	$ 0	(324)
Shares, Outstanding, Ending Balance at Jan. 29, 2023		4,169,000,000
Ending Balance at Jan. 29, 2023	23,310	$ 4	21,115	2,371	(180)
Shares, Outstanding, Beginning Balance at Oct. 30, 2022		4,179,000,000
Beginning Balance at Oct. 30, 2022	22,709	$ 4	21,155	1,604	(54)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	10,558
Other comprehensive income (loss), net of tax	$ 100
Repurchases of common stock, Shares	(90,000,000)
Shares, Outstanding, Ending Balance at Jul. 30, 2023		4,128,000,000
Ending Balance at Jul. 30, 2023	$ 22,079	$ 4	20,851	1,178	46
Shares, Outstanding, Beginning Balance at Jan. 29, 2023		4,169,000,000
Beginning Balance at Jan. 29, 2023	23,310	$ 4	21,115	2,371	(180)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	3,481			3,481
Other comprehensive income (loss), net of tax	(2)				(2)
Adjustments to additional paid in capital, Dividends in excess of retained earnings			0
Dividends to common stockholders	(1,914)			(1,914)
Common stock issued, Shares		28,000,000
Common stock issued, Value	63	$ 0	63
Stock-based compensation	513		513
Repurchases of common stock, Shares		(46,000,000)
Repurchases of common stock, Value	(2,823)	$ 0	(248)	(2,575)
Shares repurchased for tax withholdings upon vesting of equity awards, Shares		(10,000,000)
Shares repurchased for tax withholdings upon vesting of equity awards, Value	(621)	$ 0	(621)
Shares, Outstanding, Ending Balance at Apr. 30, 2023		4,141,000,000
Ending Balance at Apr. 30, 2023	22,007	$ 4	20,822	1,363	(182)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	3,303			3,303
Other comprehensive income (loss), net of tax	228				228
Adjustments to additional paid in capital, Dividends in excess of retained earnings			0
Dividends to common stockholders	(1,901)			(1,901)
Common stock issued, Shares		14,000,000
Common stock issued, Value	0	$ 0	0
Stock-based compensation	$ 629		629
Repurchases of common stock, Shares	(23,000,000)	(23,000,000)
Repurchases of common stock, Value	$ (1,714)	$ 0	(127)	(1,587)
Shares repurchased for tax withholdings upon vesting of equity awards, Shares		(4,000,000)
Shares repurchased for tax withholdings upon vesting of equity awards, Value	(473)	$ 0	(473)
Shares, Outstanding, Ending Balance at Jul. 30, 2023		4,128,000,000
Ending Balance at Jul. 30, 2023	22,079	$ 4	20,851	1,178	46
Shares, Outstanding, Beginning Balance at Oct. 29, 2023		4,139,000,000
Beginning Balance at Oct. 29, 2023	23,988	$ 4	21,095	2,682	207
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	1,325			1,325
Issuance of common stock upon the acquisition, Shares		544,000,000
Issuance of common stock upon the acquisition, Value	53,421	$ 1	53,420
Fair value of partially vested equity awards assumed in connection with the acquisition	749		749
Adjustments to additional paid in capital, Dividends in excess of retained earnings			0
Dividends to common stockholders	(2,435)			(2,435)
Common stock issued, Shares		27,000,000
Common stock issued, Value	0	$ 0	0
Stock-based compensation	$ 1,582		1,582
Repurchases of common stock, Shares	(67,000,000)	(67,000,000)
Repurchases of common stock, Value	$ (7,227)	$ 0	(5,655)	(1,572)
Shares repurchased for tax withholdings upon vesting of equity awards, Shares		(10,000,000)
Shares repurchased for tax withholdings upon vesting of equity awards, Value	(1,119)	$ 0	(1,119)
Shares, Outstanding, Ending Balance at Feb. 04, 2024		4,633,000,000
Ending Balance at Feb. 04, 2024	70,284	$ 5	70,072	0	207
Shares, Outstanding, Beginning Balance at Oct. 29, 2023		4,139,000,000
Beginning Balance at Oct. 29, 2023	23,988	$ 4	21,095	2,682	207
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	1,571
Other comprehensive income (loss), net of tax	1
Shares, Outstanding, Ending Balance at Aug. 04, 2024		4,671,000,000
Ending Balance at Aug. 04, 2024	65,651	$ 5	67,313	(1,875)	208
Shares, Outstanding, Beginning Balance at Feb. 04, 2024		4,633,000,000
Beginning Balance at Feb. 04, 2024	70,284	$ 5	70,072	0	207
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	2,121			2,121
Adjustments to additional paid in capital, Dividends in excess of retained earnings			(322)
Dividends to common stockholders	(2,443)			(2,121)
Common stock issued, Shares		33,000,000
Common stock issued, Value	64	$ 0	64
Stock-based compensation	1,457		1,457
Shares repurchased for tax withholdings upon vesting of equity awards, Shares		(12,000,000)
Shares repurchased for tax withholdings upon vesting of equity awards, Value	(1,548)	$ 0	(1,548)
Adjustments to Additional Paid in Capital, Other	26		26
Shares, Outstanding, Ending Balance at May. 05, 2024		4,654,000,000
Ending Balance at May. 05, 2024	69,961	$ 5	69,749	0	207
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(1,875)			(1,875)
Other comprehensive income (loss), net of tax	1				1
Adjustments to additional paid in capital, Dividends in excess of retained earnings			(2,452)
Dividends to common stockholders	(2,452)			0
Common stock issued, Shares		25,000,000
Common stock issued, Value	0	$ 0	0
Stock-based compensation	1,388		1,388
Shares repurchased for tax withholdings upon vesting of equity awards, Shares		(8,000,000)
Shares repurchased for tax withholdings upon vesting of equity awards, Value	(1,399)	$ 0	(1,399)
Adjustments to Additional Paid in Capital, Other	27		27
Shares, Outstanding, Ending Balance at Aug. 04, 2024		4,671,000,000
Ending Balance at Aug. 04, 2024	$ 65,651	$ 5	$ 67,313	$ (1,875)	$ 208

v3.24.2.u1

Overview, Basis of Presentation and Significant Accounting Policies	9 Months Ended
	Aug. 04, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Overview, Basis of Presentation and Significant Accounting Policies	Overview, Basis of Presentation and Significant Accounting Policies Overview Broadcom Inc. (“Broadcom”), a Delaware corporation, is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. We develop semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products. We have a history of innovation in the semiconductor industry and offer thousands of products that are used in end products such as enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Our infrastructure software solutions enable customers to plan, develop, deliver, automate, manage and secure applications across mainframe, distributed, edge, mobile, and private and hybrid cloud platforms. Our portfolio of infrastructure and security software is designed to modernize, optimize, and secure the most complex private and hybrid cloud environments, enabling scalability, agility, automation, insights, resiliency and security. We also offer mission critical fibre channel storage area networking (“FC SAN”) products and related software in the form of modules, switches and subsystems incorporating multiple semiconductor products. Unless stated otherwise or the context otherwise requires, references to “Broadcom,” “we,” “our,” and “us” mean Broadcom and its consolidated subsidiaries. We have two reportable segments: semiconductor solutions and infrastructure software. On November 22, 2023, we completed the acquisition of VMware, Inc. (“VMware”) in a cash-and-stock transaction (the “VMware Merger”). The VMware stockholders received approximately $30,788 million in cash and 544 million shares of Broadcom common stock (on a split adjusted basis) with a fair value of $53,398 million. VMware was a leading provider of multi-cloud services for all applications, enabling digital innovation with enterprise control. We acquired VMware to enhance our infrastructure software capabilities. The results of operations of VMware are included in the unaudited condensed consolidated financial statements commencing on November 22, 2023. See Note 3. “Acquisitions” for additional information. Basis of Presentation We operate on a 52- or 53-week fiscal year ending on the Sunday closest to October 31 in a 52-week year and the first Sunday in November in a 53-week year. Our fiscal year ending November 3, 2024 (“fiscal year 2024”) is a 53-week fiscal year, with our first fiscal quarter containing 14 weeks. Our fiscal year ended October 29, 2023 (“fiscal year 2023”) was a 52-week fiscal year. The accompanying condensed consolidated financial statements include the accounts of Broadcom and its subsidiaries, and have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information. The financial information included herein is unaudited, and reflects all adjustments which are, in the opinion of our management, of a normal recurring nature and necessary for a fair statement of the results for the periods presented. The October 29, 2023 condensed consolidated balance sheet data were derived from Broadcom’s audited consolidated financial statements included in its Annual Report on Form 10-K for fiscal year 2023 as filed with the Securities and Exchange Commission. All intercompany balances and transactions have been eliminated in consolidation. The operating results for the fiscal quarter ended August 4, 2024 are not necessarily indicative of the results that may be expected for fiscal year 2024, or for any other future period. On July 12, 2024, we completed a ten-for-one forward stock split of our common stock through the filing of an amendment (“Amendment”) to our Amended and Restated Certificate of Incorporation. The Amendment proportionately increased the number of shares of our authorized common stock without changing the par value of $0.001 per share. All share, equity award and per share amounts and related stockholders’ equity balances presented in the accompanying condensed consolidated financial statements and notes thereto have been retroactively adjusted, where applicable, to reflect the stock split. Significant Accounting Policies Use of estimates. The preparation of condensed consolidated financial statements in conformity with 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 condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates, and such differences could affect the results of operations reported in future periods.

v3.24.2.u1

Revenue from Contracts with Customers	9 Months Ended
	Aug. 04, 2024
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers We account for a contract with a customer when both parties have approved the contract and are committed to perform their respective obligations, each party’s rights can be identified, payment terms can be identified, the contract has commercial substance, and it is probable that we will collect substantially all of the consideration to which we are entitled. Revenue is recognized when, or as, performance obligations are satisfied by transferring control of a promised product or service to a customer. Disaggregation We have considered (1) information that is regularly reviewed by our Chief Executive Officer, who has been identified as the chief operating decision maker (the “CODM”) as defined by the authoritative guidance on segment reporting, in evaluating financial performance and (2) disclosures presented outside of our financial statements in our earnings releases and used in investor presentations to disaggregate revenues. The principal category we use to disaggregate revenues is the nature of our products and subscriptions and services, as presented in our condensed consolidated statements of operations. In addition, revenues by reportable segment are presented in Note 10. “Segment Information.” The following tables present revenue disaggregated by type of revenue and by region for the periods presented: Fiscal Quarter Ended August 4, 2024 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 582  $ 6,411  $ 446  $ 7,439  Subscriptions and services 3,409  630  1,594  5,633  Total $ 3,991  $ 7,041  $ 2,040  $ 13,072  Fiscal Quarter Ended July 30, 2023 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 656  $ 5,773  $ 488  $ 6,917  Subscriptions and services 1,433  174  352  1,959  Total $ 2,089  $ 5,947  $ 840  $ 8,876  Three Fiscal Quarters Ended August 4, 2024 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 1,763  $ 18,869  $ 1,411  $ 22,043  Subscriptions and services 9,187  1,623  4,667  15,477  Total $ 10,950  $ 20,492  $ 6,078  $ 37,520  Three Fiscal Quarters Ended July 30, 2023 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 2,045  $ 17,168  $ 1,527  $ 20,740  Subscriptions and services 4,117  500  1,167  5,784  Total $ 6,162  $ 17,668  $ 2,694  $ 26,524  Although we recognize revenue for the majority of our products when title and control transfer in Penang, Malaysia, we disclose net revenue by region based primarily on the geographic shipment location or delivery location specified by our distributors, original equipment manufacturer customers, contract manufacturers, channel partners, or software customers. Contract Balances Contract assets and contract liabilities balances were as follows: August 4, 2024 October 29, 2023 (In millions) Contract Assets $ 3,658  $ 955  Contract Liabilities $ 15,548  $ 2,786  Changes in our contract assets and contract liabilities primarily result from the timing difference between our performance and the customer’s payment. Contract assets and contract liabilities as of August 4, 2024 included the impact of VMware balances acquired on November 22, 2023. We fulfill our obligations under a contract with a customer by transferring products and services in exchange for consideration from the customer. We recognize a contract asset when we transfer products or services to a customer and the right to consideration is conditional on something other than the passage of time. Accounts receivable are recorded when the customer has been billed or the right to consideration is unconditional. We recognize contract liabilities when we have received consideration or an amount of consideration is due from the customer and we have a future obligation to transfer products or services. As of August 4, 2024, approximately 50% of contract liabilities related to contracts subject to termination for convenience provisions. The amount of revenue recognized during the three fiscal quarters ended August 4, 2024 that was included in the contract liabilities balance as of October 29, 2023 was $2,280 million. The amount of revenue recognized during the three fiscal quarters ended July 30, 2023 that was included in the contract liabilities balance as of October 30, 2022 was $2,677 million. Remaining Performance Obligations Revenue allocated to remaining performance obligations represents the transaction price allocated to unsatisfied or partially unsatisfied performance obligations. Remaining performance obligations include unearned revenue and amounts that will be invoiced and recognized as revenue in future periods, but do not include contracts for software, subscriptions or services where the customer is not committed. The customer is not considered committed when termination for convenience without payment of a substantive penalty exists, either contractually or through customary business practice. Additionally, as a practical expedient, we have not included contracts that have an original duration of one year or less, nor have we included contracts with sales-based or usage-based royalties promised in exchange for a license of intellectual property (“IP”). Certain multi-year customer contracts in our semiconductor solutions and infrastructure software segments contain firmly committed amounts and the remaining performance obligations under these contracts as of August 4, 2024 were approximately $21.2 billion. We expect approximately 44% of this amount to be recognized as revenue over the next 12 months. For contracts with termination for convenience rights, our customers generally do not exercise those rights. In addition, the majority of our contracts have a duration of one year or less. Accordingly, our remaining performance obligations disclosed above are not indicative of revenue for future periods.

v3.24.2.u1

Business Combinations and Asset Acquisitions	9 Months Ended
	Aug. 04, 2024
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions Acquisition of VMware, Inc. On November 22, 2023, we completed the VMware Merger. Pursuant to the Agreement and Plan of Merger, each share of VMware common stock issued and outstanding immediately prior to the VMware Merger was indirectly converted into the right to receive, at the election of the holder of such share of VMware common stock, either $142.50 in cash or 2.52 shares of Broadcom common stock (on a split adjusted basis). The stockholder election was prorated, such that the total number of shares of VMware common stock entitled to receive cash and the total number of shares of VMware common stock entitled to receive Broadcom common stock, in each case, was equal to 50% of the aggregate number of shares of VMware common stock issued and outstanding immediately prior to the VMware Merger. Based on the VMware stockholders’ elections, the VMware stockholders received approximately $30,788 million in cash and 544 million shares of Broadcom common stock with a fair value of $53,398 million. We funded the cash portion of the VMware Merger with the net proceeds from the issuance of the 2023 Term Loans, as defined and discussed in Note 7. “Borrowings”, as well as cash on hand. We assumed $8,250 million of VMware’s outstanding senior unsecured notes. Purchase Consideration (In millions) Fair value of Broadcom common stock issued for outstanding VMware common stock $ 53,398  Cash paid for outstanding VMware common stock 30,788  Cash paid by Broadcom to retire VMware’s term loan 1,257  Fair value of partially vested assumed VMware equity awards 805  Fair value of Broadcom common stock issued for accelerated VMware equity awards 23  Cash paid for accelerated VMware equity awards 13  Effective settlement of pre-existing relationships 6  Total purchase consideration 86,290  Less: cash acquired 6,642  Total purchase consideration, net of cash acquired $ 79,648  We assumed all outstanding VMware restricted stock unit (“RSU”) awards and performance stock unit (“PSU”) awards held by continuing employees. The assumed awards were converted into RSU awards for shares of Broadcom common stock. All outstanding in-the-money VMware stock options and RSU awards held by non-employee directors were accelerated and converted into the right to receive cash and shares of Broadcom common stock, in equal parts. We allocated the purchase price to tangible and identified intangible assets acquired and liabilities assumed based on their estimated fair values. These fair values were based on estimates and assumptions made by management at the time of acquisition. 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 date of the VMware Merger. Any such revisions or changes may be material. The following table presents our preliminary allocation of the total purchase price, net of cash acquired, updated as of August 4, 2024: Estimated Fair Value (In millions) Trade accounts receivable $ 3,571  Inventory 15 Assets held-for-sale 5,206  Other current assets 757  Property, plant and equipment 531  Goodwill 54,206  Intangible assets 45,572  Other long-term assets 1,064  Total assets acquired 110,922  Accounts payable (359) Employee compensation and benefits (848) Current portion of long-term debt (1,264) Liabilities held-for-sale (1,901) Other current liabilities (11,041) Long-term debt (6,254) Other long-term liabilities (9,607) Total liabilities assumed (31,274) Fair value of net assets acquired $ 79,648  Goodwill is primarily attributable to the assembled workforce and anticipated synergies and economies of scale expected from the integration of the VMware business. The synergies include certain cost savings, operating efficiencies and other strategic benefits projected to be achieved as a result of the VMware Merger. Goodwill is not deductible for tax purposes. Assets and liabilities held-for-sale primarily included the end-user computing (“EUC”) business and certain other assets and liabilities, which were not aligned with our strategic objectives. On July 1, 2024, we sold the EUC business to KKR & Co. Inc. for cash consideration of $3.5 billion, after working capital adjustments. We do not have any material continuing involvement with this business and have presented its results in discontinued operations. Our results of continuing operations included $3,833 million and $8,609 million of net revenue attributable to VMware for the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively. It is impracticable to determine the effect on net income attributable to VMware as we have integrated a substantial portion of VMware into our ongoing operations. Transaction costs related to the VMware Merger of $12 million and $252 million, respectively, were primarily included in selling, general and administrative expense for the fiscal quarter and three fiscal quarters ended August 4, 2024. Intangible Assets Fair Value Weighted-Average Amortization Periods (In millions) (In years) Developed technology $ 24,156  8 Customer contracts and related relationships 15,239  8 Trade name 1,205  14 Off-market component of customer contracts 242  2 Total identified finite-lived intangible assets 40,842  In-process research and development 4,730  N/A Total identified intangible assets $ 45,572  Developed technology relates to products used for VMware cloud foundation, application management, security, application networking and security, and software defined edge. We valued the developed technology using the multi-period excess earnings method under the income approach. This method reflects the present value of the projected cash flows that are expected to be generated by the developed technology less charges representing the contribution of other assets to those cash flows. The economic useful life was determined based on the technology cycle related to each developed technology, as well as the cash flows over the forecast period. Customer contracts and related relationships represent the fair value of future projected revenue that will be derived from sales of products to existing customers of VMware. Customer contracts and related relationships were valued using the with-and-without-method under the income approach. In the with-and-without method, the fair value was measured by the difference between the present values of the cash flows with and without the existing customers in place over the period of time necessary to reacquire the customers. The economic useful life was determined by evaluating many factors, including the useful life of other intangible assets, the length of time remaining on the acquired contracts and the historical customer turnover rates. Trade name relates to the “VMware” trade name. The fair value was determined by applying the relief-from-royalty method under the income approach. This method is based on the application of a royalty rate to forecasted revenue under the trade name. The economic useful life was determined based on the expected life of the trade name and the cash flows anticipated over the forecast period. Off-market component of customer contracts relate to rebates and marketing development funds provided to customers prior to the VMware Merger. We valued these contracts based on their remaining unamortized balances, which approximate their fair value. The economic useful life was determined based on the remaining terms of customer contracts. The fair value of in-process research and development (“IPR&D”) was determined using the multi-period excess earnings method under the income approach. This method reflects the present value of the projected cash flows that are expected to be generated by the IPR&D, less charges representing the contribution of other assets to those cash flows. The following table presents the details of IPR&D by category as of the date of the VMware Merger: Description IPR&D Percentage of Completion Estimated Cost to Complete Expected Release Date (By Fiscal Year) (Dollars in millions) VMware cloud foundation July 2024 releases $ 790  67  % $ 38  2024 VMware cloud foundation March 2025 releases $ 2,900  58  % $ 185  2025 VMware cloud foundation July 2025 releases $ 750  43  % $ 65  2025 VMware cloud foundation networking and security virtualization $ 265  21  % $ 59  2024 Application networking and security $ 25  21  % $ 47  2024 VMware cloud foundation is a flexible and simplified private cloud platform with public cloud extensibility that integrates leading products including compute, storage, networking, and management into a single solution. It enables customers to modernize infrastructure and accelerate developer productivity, with greater resilience and security. We believe the amounts of purchased intangible assets recorded above represent the fair values of, and approximate the amounts a market participant would pay for, these intangible assets as of the date of the VMware Merger. Unaudited Pro Forma Information The following unaudited pro forma financial information presents combined results of operations for each of the periods presented, as if VMware had been acquired as of the beginning of fiscal year 2023. The unaudited pro forma information includes adjustments to amortization for intangible assets acquired, stock-based compensation expense, interest expense for acquisition financing, amortization of deferred assets and liabilities, and depreciation for property and equipment acquired. The unaudited pro forma information presented below is for informational purposes only and is not necessarily indicative of our consolidated results of operations of the combined business had the acquisition actually occurred at the beginning of fiscal year 2023 or of the results of our future operations of the combined business. Fiscal Quarter Ended Three Fiscal Quarters Ended August 4, 2024 July 30, 2023 August 4, 2024 July 30, 2023 (In millions) Pro forma net revenue $ 13,088  $ 11,938  $ 38,118  $ 35,827  Pro forma net income (loss) $ (1,819) $ 2,030  $ 2,057  $ 5,879  Acquisition of Seagate’s SoC Operations On April 23, 2024, we acquired certain assets related to the design, development, and manufacture of System-on-Chip (“SoC”) operations of Seagate Technology Holdings plc for $600 million. We acquired these assets to strengthen our portfolio of SoC products. The following table presents our preliminary allocation of the total purchase price. Goodwill is allocated to the semiconductor solutions segment and is deductible for tax purposes. Estimated Fair Value (In millions) Intangible assets $ 570  Goodwill 14  Other assets 16  Total assets acquired $ 600  Intangible Assets Fair Value Weighted-Average Amortization Periods (In millions) (In years) Customer contracts and related relationships $ 410  11 Developed technology 90  11 Total identified finite-lived intangible assets 500  In-process research and development 70  N/A Total identified intangible assets $ 570  Customer contracts and related relationships represent the fair value of future projected revenue that will be derived from sales of SoC controller products for hard disk drive applications. Customer contracts and related relationships were valued using the multi-period excess earnings method under the income approach. This method reflects the present value of the projected cash flows that are expected to be generated by the customer contracts and related relationships less charges representing the contribution of other assets to those cash flows. The economic useful life was determined based on the useful lives of other intangible assets and the length of time remaining on the acquired contracts. Developed technology relates to SoC controller products for hard disk drive applications. We valued the developed technology using the relief-from-royalty method under the income approach. This method is based on the application of a royalty rate to forecasted revenue under the developed technology. The economic useful life was determined based on the technology cycle related to each developed technology, as well as the cash flows over the forecast period. The fair value of IPR&D was determined using the relief-from-royalty method under the income approach. This method is based on the application of a royalty rate to forecasted revenue from the IPR&D.

v3.24.2.u1

Supplemental Financial Information	9 Months Ended
	Aug. 04, 2024
Disclosure Text Block Supplement [Abstract]
Supplemental Financial Information	Supplemental Financial Information Cash Equivalents Cash equivalents included $1,791 million and $1,470 million of time deposits and $1,344 million and $1,650 million of money-market funds as of August 4, 2024 and October 29, 2023, respectively. For time deposits, carrying value approximates fair value due to the short-term nature of the instruments. The fair value of money-market funds, which was consistent with their carrying value, was determined using unadjusted prices in active, accessible markets for identical assets, and as such, they were classified as Level 1 assets in the fair value hierarchy. Accounts Receivable Factoring We sell certain of our trade accounts receivable on a non-recourse basis to third-party financial institutions pursuant to factoring arrangements. We account for these transactions as sales of receivables and present cash proceeds as cash provided by operating activities in the condensed consolidated statements of cash flows. Total trade accounts receivable sold under the factoring arrangements were $1,450 million and $3,950 million during the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively, and $900 million and $2,825 million during the fiscal quarter and three fiscal quarters ended July 30, 2023, respectively. Inventory August 4, 2024 October 29, 2023 (In millions) Finished goods $ 568  $ 676  Work-in-process 896  901  Raw materials 430  321  Total inventory $ 1,894  $ 1,898  Discontinued Operations On July 1, 2024, we sold the EUC business for $3.5 billion, after working capital adjustments. In connection with the sale, we agreed to provide transitional services to the buyer on a short-term basis. We do not have any material continuing involvement with this business and have presented its results in discontinued operations. The following table summarizes the selected financial information of discontinued operations: Fiscal Quarter Ended August 4, 2024 Three Fiscal Quarters Ended August 4, 2024 (In millions) Net revenue $ 178  $ 858  Loss from discontinued operations before income taxes $ (100) $ (31) Provision for income taxes (343) (361) Loss from discontinued operations, net of income taxes $ (443) $ (392) Other Current Assets August 4, 2024 October 29, 2023 (In millions) Current portion of contract assets $ 1,557  $ 499  Prepaid expenses 1,070  743  Other 809  364  Total other current assets $ 3,436  $ 1,606  Other Current Liabilities August 4, 2024 October 29, 2023 (In millions) Contract liabilities $ 9,789  $ 2,487  Tax liabilities 1,091  473  Interest payable 500  380  Other 1,198  312  Total other current liabilities $ 12,578  $ 3,652  Other Long-Term Liabilities August 4, 2024 October 29, 2023 (In millions) Contract liabilities $ 5,759  $ 299  Deferred tax liabilities 5,594  99  Unrecognized tax benefits 3,356  2,792  Other 1,587  657  Total other long-term liabilities $ 16,296  $ 3,847  Supplemental Cash Flow Information Fiscal Quarter Ended Three Fiscal Quarters Ended August 4, 2024 July 30, 2023 August 4, 2024 July 30, 2023 (In millions) Cash paid for interest $ 816  $ 348  $ 2,512  $ 1,106  Cash paid for income taxes $ 585  $ 427  $ 2,323  $ 1,591

v3.24.2.u1

Goodwill and Intangible Assets	9 Months Ended
	Aug. 04, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill Semiconductor Solutions Infrastructure Software Total (In millions) Balance as of October 29, 2023 $ 26,001  $ 17,652  $ 43,653  Acquisition of VMware —  54,206  54,206  Acquisition of Seagate’s SoC operations 14  —  14  Balance as of August 4, 2024 $ 26,015  $ 71,858  $ 97,873  Intangible Assets Gross Carrying Amount Accumulated Amortization Net Book Value (In millions) As of August 4, 2024:       Purchased technology $ 39,657  $ (15,141) $ 24,516  Customer contracts and related relationships 22,950  (8,217) 14,733  Trade names 1,854  (474) 1,380  Other 177  (112) 65  Intangible assets subject to amortization 64,638  (23,944) 40,694  In-process research and development 2,340  —  2,340  Total $ 66,978  $ (23,944) $ 43,034  As of October 29, 2023:       Purchased technology $ 12,938  $ (10,723) $ 2,215  Customer contracts and related relationships 7,059  (5,753) 1,306  Trade names 649  (388) 261  Other 177  (102) 75  Intangible assets subject to amortization 20,823  (16,966) 3,857  In-process research and development 10  —  10  Total $ 20,833  $ (16,966) $ 3,867  Based on the amount of intangible assets subject to amortization as of August 4, 2024, the expected amortization expense was as follows: Fiscal Year: Expected Amortization Expense (In millions) 2024 (remainder) $ 2,451  2025 8,055  2026 7,571  2027 6,533  2028 5,443  Thereafter 10,641  Total $ 40,694  The weighted-average remaining amortization periods by intangible asset category were as follows: Amortizable intangible assets: August 4, 2024 (In years) Purchased technology 7 Customer contracts and related relationships 7 Trade names 12 Other 7

v3.24.2.u1

Net Income Per Share	9 Months Ended
	Aug. 04, 2024
Earnings Per Share [Abstract]
Net Income Per Share	Net Income (Loss) Per Share Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period. Diluted net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock and potentially dilutive shares of common stock outstanding during the period. Potentially dilutive shares outstanding include the dilutive effect of unvested RSUs and employee stock purchase plan (“ESPP”) rights (collectively referred to as “equity awards”). Potentially dilutive shares whose effect would have been antidilutive are excluded from the computation of diluted net income (loss) per share. The dilutive effect of equity awards is calculated based on the average stock price for each fiscal period, using the treasury stock method. Under the treasury stock method, the amount the employee must pay for purchasing shares under the ESPP and the amount of stock-based compensation expense for future service that we have not yet recognized are collectively assumed to be used to repurchase shares. For the fiscal quarter ended August 4, 2024, diluted net income (loss) per share excluded the potentially dilutive effect of 159 million shares of weighted-average equity awards outstanding as their effect was antidilutive. The following is a reconciliation of the numerators and denominators of the basic and diluted net income (loss) per share computations for the periods presented: Fiscal Quarter Ended Three Fiscal Quarters Ended August 4, 2024 July 30, 2023 August 4, 2024 July 30, 2023 (In millions, except per share data) Numerator: Income (loss) from continuing operations $ (1,432) $ 3,303  $ 1,963  $ 10,558  Loss from discontinued operations, net of income taxes (443) —  (392) —  Net income (loss) $ (1,875) $ 3,303  $ 1,571  $ 10,558  Denominator: Weighted-average shares outstanding - basic 4,663  4,130  4,606  4,154  Dilutive effect of equity awards —  139  156  120  Weighted-average shares outstanding - diluted 4,663  4,269  4,762  4,274  Basic income (loss) per share: Income (loss) per share from continuing operations $ (0.31) $ 0.80  $ 0.43  $ 2.54  Loss per share from discontinued operations (0.09) —  (0.09) —  Net income (loss) per share $ (0.40) $ 0.80  $ 0.34  $ 2.54  Diluted income (loss) per share: Income (loss) per share from continuing operations $ (0.31) $ 0.77  $ 0.41  $ 2.47  Loss per share from discontinued operations (0.09) —  (0.08) —  Net income (loss) per share $ (0.40) $ 0.77  $ 0.33  $ 2.47

v3.24.2.u1

Borrowings	9 Months Ended
	Aug. 04, 2024
Debt Disclosure [Abstract]
Borrowings	Borrowings Effective Interest Rate August 4, 2024 October 29, 2023 (Dollars in millions) July 2024 Senior Notes - fixed rate 5.050% notes due July 2027 5.27  % $ 1,250  $ —  5.050% notes due July 2029 5.23  % 2,250  —  5.150% notes due November 2031 5.30  % 1,500  —  5,000  —  2023 Term Loans - floating rate SOFR plus 1.250% term loan due November 2026 7.03  % 11,195  —  SOFR plus 1.625% term loan due November 2028 7.23  % 8,000  —  19,195  —  April 2022 Senior Notes - fixed rate 4.000% notes due April 2029 4.17  % 750  750  4.150% notes due April 2032 4.30  % 1,200  1,200  4.926% notes due May 2037 5.33  % 2,500  2,500  4,450  4,450  September 2021 Senior Notes - fixed rate 3.137% notes due November 2035 4.23  % 3,250  3,250  3.187% notes due November 2036 4.79  % 2,750  2,750  6,000  6,000  March 2021 Senior Notes - fixed rate 3.419% notes due April 2033 4.66  % 2,250  2,250  3.469% notes due April 2034 4.63  % 3,250  3,250  5,500  5,500  January 2021 Senior Notes - fixed rate 1.950% notes due February 2028 2.10  % 750  750  2.450% notes due February 2031 2.56  % 2,750  2,750  2.600% notes due February 2033 2.70  % 1,750  1,750  3.500% notes due February 2041 3.60  % 3,000  3,000  3.750% notes due February 2051 3.84  % 1,750  1,750  10,000  10,000  June 2020 Senior Notes - fixed rate 3.459% notes due September 2026 4.19  % 752  752  4.110% notes due September 2028 5.02  % 1,118  1,118  1,870  1,870  May 2020 Senior Notes - fixed rate 2.250% notes due November 2023 2.40  % —  105  3.150% notes due November 2025 3.29  % 900  900  4.150% notes due November 2030 4.27  % 1,856  1,856  4.300% notes due November 2032 4.39  % 2,000  2,000  4,756  4,861  April 2020 Senior Notes - fixed rate 5.000% notes due April 2030 5.18  % 606  606  Effective Interest Rate August 4, 2024 October 29, 2023 (Dollars in millions) April 2019 Senior Notes - fixed rate 3.625% notes due October 2024 3.98  % 622  622  4.750% notes due April 2029 4.95  % 1,655  1,655  2,277  2,277  2017 Senior Notes - fixed rate 3.625% notes due January 2024 3.74  % —  829  3.125% notes due January 2025 3.23  % 495  495  3.875% notes due January 2027 4.02  % 2,922  2,922  3.500% notes due January 2028 3.60  % 777  777  4,194  5,023  Assumed VMware Senior Notes - fixed rate    1.000% notes due August 2024 5.80  % 1,250  —     4.500% notes due May 2025 5.81  % 750  —     1.400% notes due August 2026 5.60  % 1,500  —     4.650% notes due May 2027 5.60  % 500  —     3.900% notes due August 2027 5.50  % 1,250  —     1.800% notes due August 2028 5.44  % 750  —     4.700% notes due May 2030 5.75  % 750  —     2.200% notes due August 2031 5.74  % 1,500  —  8,250  —  Assumed CA Senior Notes - fixed rate 4.700% notes due March 2027 5.15  % 215  215  Other senior notes - fixed rate 3.500% notes due August 2024 3.55  % —  7  4.500% notes due August 2034 4.55  % 6  6  6  13  Total principal amount outstanding $ 72,319  $ 40,815  Current portion of principal amount outstanding $ 3,117  $ 1,563  Short-term finance lease liabilities 44  45  Total current portion of long-term debt $ 3,161  $ 1,608  Non-current portion of principal amount outstanding $ 69,202  $ 39,252  Long-term finance lease liabilities 17  4  Unamortized discount and issuance costs (2,421) (1,635) Total long-term debt $ 66,798  $ 37,621  July 2024 Senior Notes In July 2024, we issued $1,250 million of 5.050% senior unsecured notes due July 2027, $2,250 million of 5.050% senior unsecured notes due July 2029 and $1,500 million of 5.150% senior unsecured notes due November 2031 (collectively, the “July 2024 Senior Notes”). We may redeem or purchase, in whole or in part, the July 2024 Senior Notes prior to their maturities, subject to a specified make-whole premium as set forth in the indenture. In the event of a change of control, note holders will have the right to require us to repurchase all or any part of the holders’ notes at a price equal to 101% of the principal amount plus accrued and unpaid interest. Each series of the July 2024 Senior Notes pays interest semi-annually. 2023 Term Loans On August 15, 2023, we entered into a credit agreement (the “2023 Credit Agreement”), which provided us with the ability to borrow term loans in connection with the VMware Merger. Upon completion of the VMware Merger, we entered an $11,195 million unsecured term A-2 facility (the "Term A-2 Loan”), an $11,195 million unsecured term A-3 facility (the “Term A-3 Loan”), and an $8,000 million unsecured term A-5 facility (the “Term A-5 Loan”, collectively, the “2023 Term Loans”). During the fiscal quarter ended May 5, 2024, we repaid $2,000 million of our Term A-2 Loan. During the fiscal quarter ended August 4, 2024, using the net proceeds from the July 2024 Senior Notes and the sale of the EUC business, as well as cash on hand, we repaid the remaining $9,195 million of our Term A-2 Loan. As a result, we wrote off unamortized discount and issuance costs of $83 million and $105 million during the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively, which were included in interest expense in the condensed consolidated statements of operations. The 2023 Term Loans bear interest, payable monthly or every three months at our election, at floating interest rates tied to the Secured Overnight Financing Rate (“SOFR”). The Term A-3 Loan and Term A-5 Loan will mature and be payable on the third or fifth anniversary, respectively, of the date of the VMware Merger. Subject to the terms of the 2023 Credit Agreement, we are permitted to voluntarily make prepayments of the term loans without penalty. Our obligations under the 2023 Credit Agreement are unsecured and are not guaranteed by any of our subsidiaries. Assumed VMware Senior Notes In connection with the VMware Merger, we assumed $8,250 million of VMware’s outstanding senior unsecured notes (the “Assumed VMware Senior Notes”). We may redeem all or a portion of the Assumed VMware Senior Notes at any time, subject to a specified make-whole premium as set forth in the indenture. Upon the occurrence of a change of control and certain downgrades of the ratings, note holders will have the right to require us to repurchase all or any part of the holders’ notes in cash at a price equal to 101% of the principal amount plus accrued and unpaid interest. Each series of the Assumed VMware Senior Notes pays interest semi-annually. 2021 Credit Agreement In January 2021, we entered into a credit agreement (the “2021 Credit Agreement”), which provides for a five-year $7.5 billion unsecured revolving credit facility, of which $500 million is available for the issuance of multi-currency letters of credit. The issuance of letters of credit and certain other instruments would reduce the aggregate amount otherwise available under our revolving credit facility for revolving loans. Subject to the terms of the 2021 Credit Agreement, we are permitted to borrow, repay and reborrow revolving loans at any time prior to the earlier of (a) January 19, 2026 and (b) the date of termination in whole of the revolving lenders’ commitments under the 2021 Credit Agreement. We had no borrowings outstanding under our revolving credit facility at either August 4, 2024 or October 29, 2023. Commercial Paper In February 2019, we established a commercial paper program pursuant to which we may issue unsecured commercial paper notes (“Commercial Paper”) in principal amount of up to $2 billion outstanding at any time with maturities of up to 397 days from the date of issue. Commercial Paper is sold under customary terms in the commercial paper market and may be issued at a discount from par or, alternatively, may be sold at par and bear interest at rates dictated by market conditions at the time of their issuance. The discount associated with the Commercial Paper is amortized to interest expense over its term. Outstanding Commercial Paper reduces the amount that would otherwise be available to borrow for general corporate purposes under our revolving credit facility. We had no Commercial Paper outstanding at either August 4, 2024 or October 29, 2023. Fair Value of Debt As of August 4, 2024, the estimated aggregate fair value of debt was $68,417 million. The fair value of our senior notes was determined using quoted prices from less active markets. The carrying value of the 2023 Term Loans approximates its fair value as the 2023 Term Loans are carried at a market observable interest rate that resets periodically. All of our debt obligations are categorized as Level 2 instruments. Future Principal Payments of Debt The future scheduled principal payments of debt as of August 4, 2024 were as follows: Fiscal Year: Future Scheduled Principal Payments (In millions) 2024 (remainder) $ 1,872  2025 1,245  2026 3,152  2027 17,332  2028 3,395  Thereafter 45,323  Total $ 72,319  As of August 4, 2024 and October 29, 2023, we were in compliance with all debt covenants.

v3.24.2.u1

Stockholders' Equity	9 Months Ended
	Aug. 04, 2024
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity Stock Split On July 12, 2024, we completed a ten-for-one forward stock split of our common stock, proportionately increasing the number of shares of our authorized common stock from 2.9 billion to 29 billion without changing the par value of $0.001 per share. All share, equity award and per share amounts and related stockholders’ equity balances presented herein have been retroactively adjusted, where applicable, to reflect the stock split. Cash Dividends Declared and Paid Fiscal Quarter Ended Three Fiscal Quarters Ended August 4, 2024 July 30, 2023 August 4, 2024 July 30, 2023 (In millions, except per share data) Dividends per share to common stockholders $ 0.525  $ 0.460  $ 1.575  $ 1.380  Dividends to common stockholders $ 2,452  $ 1,901  $ 7,330  $ 5,741  Stock Repurchase Programs We repurchased and retired approximately 67 million shares of our common stock for $7,176 million during the fiscal quarter ended February 4, 2024 which completed all $20 billion under our previously authorized stock repurchase programs prior to expiration on December 31, 2023. During the fiscal quarter and three fiscal quarters ended July 30, 2023, we repurchased and retired approximately 23 million and 90 million shares of our common stock for $1,707 million and $5,701 million, respectively. VMware, Inc. Amended and Restated 2007 Equity and Incentive Plan In connection with the VMware Merger, we assumed the VMware, Inc. Amended and Restated 2007 Equity and Incentive Plan (the “2007 Plan”) and outstanding unvested RSU awards and PSU awards originally granted by VMware under the 2007 Plan that were held by continuing employees. These assumed awards were converted into approximately 46 million Broadcom RSU awards and will vest in accordance with their original terms, generally over 4 years. Under the 2007 Plan, we may grant stock options and stock appreciation rights with an exercise price that is no less than the fair market value on the date of grant, restricted stock, RSUs, and other stock-based or cash-based awards to employees. Equity awards granted under the 2007 Plan following the VMware Merger are expected to be on similar terms and consistent with similar grants made pursuant to our Amended and Restated Broadcom Inc. 2012 Stock Incentive Plan. Awards cancelled or forfeited and shares withheld to satisfy tax withholding obligations become available for future issuance. As of August 4, 2024, 59 million shares remained available for issuance under the 2007 Plan. Stock-Based Compensation Expense Fiscal Quarter Ended Three Fiscal Quarters Ended August 4, 2024 July 30, 2023 August 4, 2024 July 30, 2023 (In millions) Cost of products sold $ 31  $ 25  $ 87  $ 63  Cost of subscriptions and services 143  36  418  85  Research and development 877  444  2,621  1,065  Selling, general and administrative 330  124  1,230  320  Total stock-based compensation expense (a) $ 1,381  $ 629  $ 4,356  $ 1,533  _______________ (a) Does not include $6 million and $142 million of stock-based compensation expense for the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively, which was included in loss from discontinued operations, net of income taxes in our condensed consolidated statements of operations. For the fiscal quarter and three fiscal quarters ended August 4, 2024, stock-based compensation expense included $285 million and $1,382 million, respectively, related to equity awards assumed in connection with the VMware Merger. As of August 4, 2024, the total unrecognized compensation cost related to unvested stock-based awards was $12,900 million, which is expected to be recognized over the remaining weighted-average service period of 3.2 years. Equity Incentive Award Plans A summary of time- and market-based RSU activity is as follows: Number of RSUs Outstanding Weighted-Average Grant Date Fair Value Per Share (In millions, except per share data) Balance as of October 29, 2023 218  $ 38.92  Assumed in VMware Merger 46  $ 96.85  Granted 80  $ 114.99  Vested (84) $ 52.60  Forfeited (18) $ 84.87  Balance as of August 4, 2024 242  $ 66.50  The aggregate fair value of time- and market-based RSUs that vested during the three fiscal quarters ended August 4, 2024 was $11,176 million, which represented the market value of our common stock on the date that the RSUs vested. The number of RSUs vested included shares of common stock that we withheld for settlement of employees’ tax obligations due upon the vesting of RSUs.

v3.24.2.u1

Income Taxes	9 Months Ended
	Aug. 04, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The provision for income taxes was $4,238 million and $4,190 million for the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively, and $271 million and $572 million for the fiscal quarter and three fiscal quarters ended July 30, 2023, respectively. The increases in the provision for income taxes for the fiscal quarter and three fiscal quarters ended August 4, 2024, as compared to the prior year fiscal periods, were primarily due to the impact of an intra-group transfer of certain IP rights to the United States as a result of supply chain realignment and the resulting shift in the jurisdictional mix of income. We recognized a discrete tax provision of $4,522 million during the fiscal quarter ended August 4, 2024 from the establishment of a deferred tax liability as a result of the book and tax basis difference on these transferred IP rights, partially offset by excess tax benefits from stock-based awards. As of August 4, 2024, we had $6,459 million of gross unrecognized tax benefits and accrued interest and penalties. It is possible that our existing unrecognized tax benefits may change up to $722 million within the next 12 months as a result of lapses of statutes of limitations for certain audit periods, anticipated closures of audit examinations, and changes in balances related to tax positions to be taken during the current fiscal year.

v3.24.2.u1

Segment Information	9 Months Ended
	Aug. 04, 2024
Segment Reporting [Abstract]
Segment Information	Segment Information Reportable Segments We have two reportable segments: semiconductor solutions and infrastructure software. Each segment has separate financial information that is utilized on a regular basis by the CODM in determining how to allocate resources and evaluate performance. The reportable segments are determined based on several factors including, but not limited to, customer base, homogeneity of products, technology, delivery channels and similar economic characteristics. Semiconductor solutions. We provide semiconductor solutions for managing the movement of data in data center, service provider, and enterprise networking applications. We provide a broad variety of radio frequency semiconductor devices, wireless connectivity solutions, custom touch controllers, and inductive charging solutions for mobile applications. We also provide semiconductor solutions for enabling the set-top box and broadband access markets and for enabling 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 and solid state drives. We also provide a broad variety of products for the general industrial and automotive markets. Our semiconductor solutions segment also includes our IP licensing. Infrastructure software. We provide a portfolio of software solutions that enables customers to plan, develop, deliver, automate, manage and secure applications across mainframe, distributed, edge, mobile, and private and hybrid cloud platforms. Our portfolio of infrastructure and security software is designed to modernize, optimize, and secure the most complex private and hybrid cloud environments, enabling scalability, agility, automation, insights, resiliency and security. We also offer mission critical FC SAN products and related software. Our CODM assesses the performance of each segment and allocates resources to each segment based on net revenue and operating results and does not evaluate each segment using discrete asset information. Operating results by segment include items that are directly attributable to each segment and also include shared expenses such as marketing, general and administrative activities, facilities and information technology expenses. Shared expenses are primarily allocated based on revenue and headcount. Unallocated Expenses Unallocated expenses include amortization of acquisition-related intangible assets, stock-based compensation expense, restructuring and other charges, acquisition-related costs, and other costs, 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 the operating results of each segment. However, the CODM does not evaluate depreciation expense by operating segment and, therefore, it is not separately presented. There was no inter-segment revenue for any of the periods presented. The accounting policies of the segments are the same as those described in the “Summary of Significant Accounting Policies” included in the Annual Report on Form 10-K for fiscal year 2023. Fiscal Quarter Ended Three Fiscal Quarters Ended August 4, 2024 July 30, 2023 August 4, 2024 July 30, 2023 (In millions) Net revenue: Semiconductor solutions $ 7,274  $ 6,941  $ 21,866  $ 20,856  Infrastructure software 5,798  1,935  15,654  5,668  Total net revenue $ 13,072  $ 8,876  $ 37,520  $ 26,524  Operating income: Semiconductor solutions $ 4,042  $ 4,092  $ 12,136  $ 12,215  Infrastructure software 3,906  1,444  9,789  4,163  Unallocated expenses (4,160) (1,680) (13,089) (4,411) Total operating income $ 3,788  $ 3,856  $ 8,836  $ 11,967

v3.24.2.u1

Commitments and Contingencies	9 Months Ended
	Aug. 04, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments The following table summarizes contractual obligations and commitments as of August 4, 2024: Fiscal Year: Purchase Commitments Other Contractual Commitments (In millions) 2024 (remainder) $ 22  $ 214  2025 271  413  2026 264  419  2027 7  350  2028 7  306  Thereafter —  1,193      Total $ 571  $ 2,895  Purchase Commitments. Represent unconditional purchase obligations to purchase goods or services, primarily inventory, that are enforceable and legally binding on us and specify all significant terms, including fixed or minimum quantities to be purchased, price provisions, and the approximate timing of the transaction. Purchase obligations exclude agreements that are cancelable without penalty and unconditional purchase obligations with a remaining term of one year or less. Other Contractual Commitments. Represent amounts payable pursuant to agreements related to information technology and other service agreements. Due to the inherent uncertainty with respect to the timing of future cash outflows associated with our unrecognized tax benefits as of August 4, 2024, we are unable to reliably estimate the timing of cash settlement with the respective taxing authorities. Therefore, $3,356 million of unrecognized tax benefits and accrued interest and penalties as of August 4, 2024 have been excluded from the table above. Contingencies From time to time, we are involved in litigation that we believe is of the type common to companies engaged in our lines of business, including commercial disputes, employment issues, tax disputes and disputes involving claims by third parties that our activities infringe their patent, copyright, trademark or other IP rights, as well as regulatory investigations or inquiries. Legal proceedings and regulatory investigations or inquiries are often complex, may require the expenditure of significant funds and other resources, and the outcomes of such proceedings are inherently uncertain, with material adverse outcomes possible. IP 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 IP. Claims that our products or processes infringe or misappropriate any third-party IP 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 IP rights. Regardless of the merit or resolution of any such litigation, complex IP litigation is generally costly and diverts the efforts and attention of our management and technical personnel. Lawsuits Relating to VMware Backlog On March 31, 2020, a securities class action lawsuit was filed against VMware and certain former officers of VMware in the United States District Court for the Northern District of California (the “California Court”). On September 18, 2020, the plaintiffs filed a consolidated amended complaint alleging that VMware’s statements about backlog and the related internal controls during the period from August 2018 through February 2020 were materially misleading. The defendants filed a motion to dismiss, which was granted with leave to amend on September 10, 2021. On October 8, 2021, the plaintiffs filed their Second Amended Consolidated Complaint based on the same alleged disclosure deficiencies. The defendants’ motion to dismiss the Second Amended Consolidated Complaint was filed on November 5, 2021. On April 2, 2023, the California Court denied the defendants’ motion to dismiss finding that the plaintiffs had adequately stated claims under Sections 10 and 20A of the Securities Exchange Act of 1934. The parties have agreed to settlement terms pending approval by the California Court. Other Matters We are currently engaged in a number of legal actions in the ordinary course of our business. Contingency Assessment We do not believe, based on currently available facts and circumstances, that the final outcome of any pending legal proceedings, ongoing regulatory investigations or tax disputes, taken individually or as a whole, will have a material adverse effect on our condensed consolidated financial statements. 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, regulatory investigations or tax disputes 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 IP dispute. During the periods presented, no material amounts have been accrued or disclosed in the accompanying condensed consolidated financial statements with respect to loss contingencies associated with any other legal proceedings, regulatory investigations or tax disputes, 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 condensed consolidated financial statements. Other Indemnifications As is customary in our industry and as provided for in local law in the U.S. 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 IP 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 liabilities 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.

v3.24.2.u1

Restructuring and Other Charges	3 Months Ended
	Aug. 04, 2024
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure	Restructuring and Other Charges In connection with the VMware Merger, we initiated restructuring activities to integrate the acquired business, align our workforce and improve efficiencies in our operations. We recognized $361 million and $1,418 million of restructuring charges primarily related to employee termination costs during the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively. We expect these restructuring activities to be substantially completed by the end of fiscal year 2025. These charges were recognized primarily in operating expenses in continuing operations. The following table summarizes the significant activities within, and components of, the restructuring liabilities during the three fiscal quarters ended August 4, 2024: Employee Termination Costs Lease and Impairment Costs Total (In millions) Balance as of October 29, 2023 $ 2  $ —  $ 2  Restructuring charges (a) 1,270  148  1,418  Utilization (1,117) (148) (1,265) Balance as of August 4, 2024 $ 155  $ —  $ 155  _______________ (a) Lease and impairment costs included the write-down of $82 million lease-related assets and $66 million of asset impairments and other costs.

v3.24.2.u1

Subsequent Events	9 Months Ended
	Aug. 04, 2024
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Subsequent Events Cash Dividends Declared On September 4, 2024, our Board of Directors declared a quarterly cash dividend of $0.53 per share on our common stock, payable on September 30, 2024 to stockholders of record on September 19, 2024.

v3.24.2.u1

Overview, Basis of Presentation and Significant Accounting Policies (Policies)	9 Months Ended
	Aug. 04, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fiscal periods	We operate on a 52- or 53-week fiscal year ending on the Sunday closest to October 31 in a 52-week year and the first Sunday in November in a 53-week year. Our fiscal year ending November 3, 2024 (“fiscal year 2024”) is a 53-week fiscal year, with our first fiscal quarter containing 14 weeks. Our fiscal year ended October 29, 2023 (“fiscal year 2023”) was a 52-week fiscal year.
Basis of presentation	The accompanying condensed consolidated financial statements include the accounts of Broadcom and its subsidiaries, and have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information. The financial information included herein is unaudited, and reflects all adjustments which are, in the opinion of our management, of a normal recurring nature and necessary for a fair statement of the results for the periods presented. The October 29, 2023 condensed consolidated balance sheet data were derived from Broadcom’s audited consolidated financial statements included in its Annual Report on Form 10-K for fiscal year 2023 as filed with the Securities and Exchange Commission. All intercompany balances and transactions have been eliminated in consolidation. The operating results for the fiscal quarter ended August 4, 2024 are not necessarily indicative of the results that may be expected for fiscal year 2024, or for any other future period. On July 12, 2024, we completed a ten-for-one forward stock split of our common stock through the filing of an amendment (“Amendment”) to our Amended and Restated Certificate of Incorporation. The Amendment proportionately increased the number of shares of our authorized common stock without changing the par value of $0.001 per share. All share, equity award and per share amounts and related stockholders’ equity balances presented in the accompanying condensed consolidated financial statements and notes thereto have been retroactively adjusted, where applicable, to reflect the stock split.
Use of estimates	Use of estimates. The preparation of condensed consolidated financial statements in conformity with 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 condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates, and such differences could affect the results of operations reported in future periods.
Revenue from Contracts with Customers	We account for a contract with a customer when both parties have approved the contract and are committed to perform their respective obligations, each party’s rights can be identified, payment terms can be identified, the contract has commercial substance, and it is probable that we will collect substantially all of the consideration to which we are entitled. Revenue is recognized when, or as, performance obligations are satisfied by transferring control of a promised product or service to a customer.
Net income per share	Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period. Diluted net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock and potentially dilutive shares of common stock outstanding during the period. Potentially dilutive shares outstanding include the dilutive effect of unvested RSUs and employee stock purchase plan (“ESPP”) rights (collectively referred to as “equity awards”). Potentially dilutive shares whose effect would have been antidilutive are excluded from the computation of diluted net income (loss) per share. The dilutive effect of equity awards is calculated based on the average stock price for each fiscal period, using the treasury stock method. Under the treasury stock method, the amount the employee must pay for purchasing shares under the ESPP and the amount of stock-based compensation expense for future service that we have not yet recognized are collectively assumed to be used to repurchase shares.
Segment reporting	Each segment has separate financial information that is utilized on a regular basis by the CODM in determining how to allocate resources and evaluate performance. The reportable segments are determined based on several factors including, but not limited to, customer base, homogeneity of products, technology, delivery channels and similar economic characteristics.

v3.24.2.u1

Revenue from Contracts with Customers (Tables)	9 Months Ended
	Aug. 04, 2024
Revenue from Contract with Customer [Abstract]
Disaggregation	The following tables present revenue disaggregated by type of revenue and by region for the periods presented: Fiscal Quarter Ended August 4, 2024 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 582  $ 6,411  $ 446  $ 7,439  Subscriptions and services 3,409  630  1,594  5,633  Total $ 3,991  $ 7,041  $ 2,040  $ 13,072  Fiscal Quarter Ended July 30, 2023 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 656  $ 5,773  $ 488  $ 6,917  Subscriptions and services 1,433  174  352  1,959  Total $ 2,089  $ 5,947  $ 840  $ 8,876  Three Fiscal Quarters Ended August 4, 2024 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 1,763  $ 18,869  $ 1,411  $ 22,043  Subscriptions and services 9,187  1,623  4,667  15,477  Total $ 10,950  $ 20,492  $ 6,078  $ 37,520  Three Fiscal Quarters Ended July 30, 2023 Americas Asia Pacific Europe, the Middle East and Africa Total (In millions) Products $ 2,045  $ 17,168  $ 1,527  $ 20,740  Subscriptions and services 4,117  500  1,167  5,784  Total $ 6,162  $ 17,668  $ 2,694  $ 26,524
Contract balances	Contract assets and contract liabilities balances were as follows: August 4, 2024 October 29, 2023 (In millions) Contract Assets $ 3,658  $ 955  Contract Liabilities $ 15,548  $ 2,786

v3.24.2.u1

Business Combinations and Asset Acquisitions (Tables)	9 Months Ended
	Aug. 04, 2024
VMware Acquisition
Business Acquisition [Line Items]
Schedule of Business Acquisitions, by Acquisition	Purchase Consideration (In millions) Fair value of Broadcom common stock issued for outstanding VMware common stock $ 53,398  Cash paid for outstanding VMware common stock 30,788  Cash paid by Broadcom to retire VMware’s term loan 1,257  Fair value of partially vested assumed VMware equity awards 805  Fair value of Broadcom common stock issued for accelerated VMware equity awards 23  Cash paid for accelerated VMware equity awards 13  Effective settlement of pre-existing relationships 6  Total purchase consideration 86,290  Less: cash acquired 6,642  Total purchase consideration, net of cash acquired $ 79,648
Schedule of Assets Acquired and Liabilities Assumed	The following table presents our preliminary allocation of the total purchase price, net of cash acquired, updated as of August 4, 2024: Estimated Fair Value (In millions) Trade accounts receivable $ 3,571  Inventory 15 Assets held-for-sale 5,206  Other current assets 757  Property, plant and equipment 531  Goodwill 54,206  Intangible assets 45,572  Other long-term assets 1,064  Total assets acquired 110,922  Accounts payable (359) Employee compensation and benefits (848) Current portion of long-term debt (1,264) Liabilities held-for-sale (1,901) Other current liabilities (11,041) Long-term debt (6,254) Other long-term liabilities (9,607) Total liabilities assumed (31,274) Fair value of net assets acquired $ 79,648
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination	Intangible Assets Fair Value Weighted-Average Amortization Periods (In millions) (In years) Developed technology $ 24,156  8 Customer contracts and related relationships 15,239  8 Trade name 1,205  14 Off-market component of customer contracts 242  2 Total identified finite-lived intangible assets 40,842  In-process research and development 4,730  N/A Total identified intangible assets $ 45,572
Indefinite-Lived Intangible Assets Acquired as Part of Business Combination	The following table presents the details of IPR&D by category as of the date of the VMware Merger: Description IPR&D Percentage of Completion Estimated Cost to Complete Expected Release Date (By Fiscal Year) (Dollars in millions) VMware cloud foundation July 2024 releases $ 790  67  % $ 38  2024 VMware cloud foundation March 2025 releases $ 2,900  58  % $ 185  2025 VMware cloud foundation July 2025 releases $ 750  43  % $ 65  2025 VMware cloud foundation networking and security virtualization $ 265  21  % $ 59  2024 Application networking and security $ 25  21  % $ 47  2024
Schedule of Pro Forma Information	Fiscal Quarter Ended Three Fiscal Quarters Ended August 4, 2024 July 30, 2023 August 4, 2024 July 30, 2023 (In millions) Pro forma net revenue $ 13,088  $ 11,938  $ 38,118  $ 35,827  Pro forma net income (loss) $ (1,819) $ 2,030  $ 2,057  $ 5,879
Seagate's SoC Business Acquisition
Business Acquisition [Line Items]
Schedule of Assets Acquired and Liabilities Assumed	Estimated Fair Value (In millions) Intangible assets $ 570  Goodwill 14  Other assets 16  Total assets acquired $ 600
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination	Intangible Assets Fair Value Weighted-Average Amortization Periods (In millions) (In years) Customer contracts and related relationships $ 410  11 Developed technology 90  11 Total identified finite-lived intangible assets 500  In-process research and development 70  N/A Total identified intangible assets $ 570

v3.24.2.u1

Supplemental Financial Information (Tables)	9 Months Ended
	Aug. 04, 2024
Disclosure Text Block Supplement [Abstract]
Summary of Inventory	August 4, 2024 October 29, 2023 (In millions) Finished goods $ 568  $ 676  Work-in-process 896  901  Raw materials 430  321  Total inventory $ 1,894  $ 1,898
Disposal Groups, Including Discontinued Operations	The following table summarizes the selected financial information of discontinued operations: Fiscal Quarter Ended August 4, 2024 Three Fiscal Quarters Ended August 4, 2024 (In millions) Net revenue $ 178  $ 858  Loss from discontinued operations before income taxes $ (100) $ (31) Provision for income taxes (343) (361) Loss from discontinued operations, net of income taxes $ (443) $ (392)
Summary of Other Current Assets	August 4, 2024 October 29, 2023 (In millions) Current portion of contract assets $ 1,557  $ 499  Prepaid expenses 1,070  743  Other 809  364  Total other current assets $ 3,436  $ 1,606
Summary of Other Current Liabilities	August 4, 2024 October 29, 2023 (In millions) Contract liabilities $ 9,789  $ 2,487  Tax liabilities 1,091  473  Interest payable 500  380  Other 1,198  312  Total other current liabilities $ 12,578  $ 3,652
Summary of Other Long-Term Liabilities	August 4, 2024 October 29, 2023 (In millions) Contract liabilities $ 5,759  $ 299  Deferred tax liabilities 5,594  99  Unrecognized tax benefits 3,356  2,792  Other 1,587  657  Total other long-term liabilities $ 16,296  $ 3,847
Schedule of Cash Flow, Supplemental Disclosures	Fiscal Quarter Ended Three Fiscal Quarters Ended August 4, 2024 July 30, 2023 August 4, 2024 July 30, 2023 (In millions) Cash paid for interest $ 816  $ 348  $ 2,512  $ 1,106  Cash paid for income taxes $ 585  $ 427  $ 2,323  $ 1,591

v3.24.2.u1

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Aug. 04, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	Semiconductor Solutions Infrastructure Software Total (In millions) Balance as of October 29, 2023 $ 26,001  $ 17,652  $ 43,653  Acquisition of VMware —  54,206  54,206  Acquisition of Seagate’s SoC operations 14  —  14  Balance as of August 4, 2024 $ 26,015  $ 71,858  $ 97,873
Schedule of Intangible Assets by Major Class	Gross Carrying Amount Accumulated Amortization Net Book Value (In millions) As of August 4, 2024:       Purchased technology $ 39,657  $ (15,141) $ 24,516  Customer contracts and related relationships 22,950  (8,217) 14,733  Trade names 1,854  (474) 1,380  Other 177  (112) 65  Intangible assets subject to amortization 64,638  (23,944) 40,694  In-process research and development 2,340  —  2,340  Total $ 66,978  $ (23,944) $ 43,034  As of October 29, 2023:       Purchased technology $ 12,938  $ (10,723) $ 2,215  Customer contracts and related relationships 7,059  (5,753) 1,306  Trade names 649  (388) 261  Other 177  (102) 75  Intangible assets subject to amortization 20,823  (16,966) 3,857  In-process research and development 10  —  10  Total $ 20,833  $ (16,966) $ 3,867
Finite-lived Intangible Assets Remaining Amortization Expense	Based on the amount of intangible assets subject to amortization as of August 4, 2024, the expected amortization expense was as follows: Fiscal Year: Expected Amortization Expense (In millions) 2024 (remainder) $ 2,451  2025 8,055  2026 7,571  2027 6,533  2028 5,443  Thereafter 10,641  Total $ 40,694
Finite-lived Intangible Assets Remaining Weighted Average Amortization Period	The weighted-average remaining amortization periods by intangible asset category were as follows: Amortizable intangible assets: August 4, 2024 (In years) Purchased technology 7 Customer contracts and related relationships 7 Trade names 12 Other 7

v3.24.2.u1

Net Income Per Share (Tables)	9 Months Ended
	Aug. 04, 2024
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following is a reconciliation of the numerators and denominators of the basic and diluted net income (loss) per share computations for the periods presented: Fiscal Quarter Ended Three Fiscal Quarters Ended August 4, 2024 July 30, 2023 August 4, 2024 July 30, 2023 (In millions, except per share data) Numerator: Income (loss) from continuing operations $ (1,432) $ 3,303  $ 1,963  $ 10,558  Loss from discontinued operations, net of income taxes (443) —  (392) —  Net income (loss) $ (1,875) $ 3,303  $ 1,571  $ 10,558  Denominator: Weighted-average shares outstanding - basic 4,663  4,130  4,606  4,154  Dilutive effect of equity awards —  139  156  120  Weighted-average shares outstanding - diluted 4,663  4,269  4,762  4,274  Basic income (loss) per share: Income (loss) per share from continuing operations $ (0.31) $ 0.80  $ 0.43  $ 2.54  Loss per share from discontinued operations (0.09) —  (0.09) —  Net income (loss) per share $ (0.40) $ 0.80  $ 0.34  $ 2.54  Diluted income (loss) per share: Income (loss) per share from continuing operations $ (0.31) $ 0.77  $ 0.41  $ 2.47  Loss per share from discontinued operations (0.09) —  (0.08) —  Net income (loss) per share $ (0.40) $ 0.77  $ 0.33  $ 2.47

v3.24.2.u1

Borrowings (Tables)	9 Months Ended
	Aug. 04, 2024
Debt Disclosure [Abstract]
Schedule of Debt	Effective Interest Rate August 4, 2024 October 29, 2023 (Dollars in millions) July 2024 Senior Notes - fixed rate 5.050% notes due July 2027 5.27  % $ 1,250  $ —  5.050% notes due July 2029 5.23  % 2,250  —  5.150% notes due November 2031 5.30  % 1,500  —  5,000  —  2023 Term Loans - floating rate SOFR plus 1.250% term loan due November 2026 7.03  % 11,195  —  SOFR plus 1.625% term loan due November 2028 7.23  % 8,000  —  19,195  —  April 2022 Senior Notes - fixed rate 4.000% notes due April 2029 4.17  % 750  750  4.150% notes due April 2032 4.30  % 1,200  1,200  4.926% notes due May 2037 5.33  % 2,500  2,500  4,450  4,450  September 2021 Senior Notes - fixed rate 3.137% notes due November 2035 4.23  % 3,250  3,250  3.187% notes due November 2036 4.79  % 2,750  2,750  6,000  6,000  March 2021 Senior Notes - fixed rate 3.419% notes due April 2033 4.66  % 2,250  2,250  3.469% notes due April 2034 4.63  % 3,250  3,250  5,500  5,500  January 2021 Senior Notes - fixed rate 1.950% notes due February 2028 2.10  % 750  750  2.450% notes due February 2031 2.56  % 2,750  2,750  2.600% notes due February 2033 2.70  % 1,750  1,750  3.500% notes due February 2041 3.60  % 3,000  3,000  3.750% notes due February 2051 3.84  % 1,750  1,750  10,000  10,000  June 2020 Senior Notes - fixed rate 3.459% notes due September 2026 4.19  % 752  752  4.110% notes due September 2028 5.02  % 1,118  1,118  1,870  1,870  May 2020 Senior Notes - fixed rate 2.250% notes due November 2023 2.40  % —  105  3.150% notes due November 2025 3.29  % 900  900  4.150% notes due November 2030 4.27  % 1,856  1,856  4.300% notes due November 2032 4.39  % 2,000  2,000  4,756  4,861  April 2020 Senior Notes - fixed rate 5.000% notes due April 2030 5.18  % 606  606  Effective Interest Rate August 4, 2024 October 29, 2023 (Dollars in millions) April 2019 Senior Notes - fixed rate 3.625% notes due October 2024 3.98  % 622  622  4.750% notes due April 2029 4.95  % 1,655  1,655  2,277  2,277  2017 Senior Notes - fixed rate 3.625% notes due January 2024 3.74  % —  829  3.125% notes due January 2025 3.23  % 495  495  3.875% notes due January 2027 4.02  % 2,922  2,922  3.500% notes due January 2028 3.60  % 777  777  4,194  5,023  Assumed VMware Senior Notes - fixed rate    1.000% notes due August 2024 5.80  % 1,250  —     4.500% notes due May 2025 5.81  % 750  —     1.400% notes due August 2026 5.60  % 1,500  —     4.650% notes due May 2027 5.60  % 500  —     3.900% notes due August 2027 5.50  % 1,250  —     1.800% notes due August 2028 5.44  % 750  —     4.700% notes due May 2030 5.75  % 750  —     2.200% notes due August 2031 5.74  % 1,500  —  8,250  —  Assumed CA Senior Notes - fixed rate 4.700% notes due March 2027 5.15  % 215  215  Other senior notes - fixed rate 3.500% notes due August 2024 3.55  % —  7  4.500% notes due August 2034 4.55  % 6  6  6  13  Total principal amount outstanding $ 72,319  $ 40,815  Current portion of principal amount outstanding $ 3,117  $ 1,563  Short-term finance lease liabilities 44  45  Total current portion of long-term debt $ 3,161  $ 1,608  Non-current portion of principal amount outstanding $ 69,202  $ 39,252  Long-term finance lease liabilities 17  4  Unamortized discount and issuance costs (2,421) (1,635) Total long-term debt $ 66,798  $ 37,621
Schedule of Maturities of Long-term Debt	The future scheduled principal payments of debt as of August 4, 2024 were as follows: Fiscal Year: Future Scheduled Principal Payments (In millions) 2024 (remainder) $ 1,872  2025 1,245  2026 3,152  2027 17,332  2028 3,395  Thereafter 45,323  Total $ 72,319

v3.24.2.u1

Stockholders' Equity (Tables)	9 Months Ended
	Aug. 04, 2024
Equity [Abstract]
Summary of Dividends Declared and Paid	Fiscal Quarter Ended Three Fiscal Quarters Ended August 4, 2024 July 30, 2023 August 4, 2024 July 30, 2023 (In millions, except per share data) Dividends per share to common stockholders $ 0.525  $ 0.460  $ 1.575  $ 1.380  Dividends to common stockholders $ 2,452  $ 1,901  $ 7,330  $ 5,741
Summary of Stock-Based Compensation Expense	Fiscal Quarter Ended Three Fiscal Quarters Ended August 4, 2024 July 30, 2023 August 4, 2024 July 30, 2023 (In millions) Cost of products sold $ 31  $ 25  $ 87  $ 63  Cost of subscriptions and services 143  36  418  85  Research and development 877  444  2,621  1,065  Selling, general and administrative 330  124  1,230  320  Total stock-based compensation expense (a) $ 1,381  $ 629  $ 4,356  $ 1,533  _______________ (a) Does not include $6 million and $142 million of stock-based compensation expense for the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively, which was included in loss from discontinued operations, net of income taxes in our condensed consolidated statements of operations.
Summary of RSU Activity	A summary of time- and market-based RSU activity is as follows: Number of RSUs Outstanding Weighted-Average Grant Date Fair Value Per Share (In millions, except per share data) Balance as of October 29, 2023 218  $ 38.92  Assumed in VMware Merger 46  $ 96.85  Granted 80  $ 114.99  Vested (84) $ 52.60  Forfeited (18) $ 84.87  Balance as of August 4, 2024 242  $ 66.50

v3.24.2.u1

Segment Information (Tables)	9 Months Ended
	Aug. 04, 2024
Segment Reporting [Abstract]
Schedule of Segment Reporting	Fiscal Quarter Ended Three Fiscal Quarters Ended August 4, 2024 July 30, 2023 August 4, 2024 July 30, 2023 (In millions) Net revenue: Semiconductor solutions $ 7,274  $ 6,941  $ 21,866  $ 20,856  Infrastructure software 5,798  1,935  15,654  5,668  Total net revenue $ 13,072  $ 8,876  $ 37,520  $ 26,524  Operating income: Semiconductor solutions $ 4,042  $ 4,092  $ 12,136  $ 12,215  Infrastructure software 3,906  1,444  9,789  4,163  Unallocated expenses (4,160) (1,680) (13,089) (4,411) Total operating income $ 3,788  $ 3,856  $ 8,836  $ 11,967

v3.24.2.u1

Commitments and Contingencies (Tables)	9 Months Ended
	Aug. 04, 2024
Commitments and Contingencies Disclosure [Abstract]
Summary of Contractual Obligations and Commitments	The following table summarizes contractual obligations and commitments as of August 4, 2024: Fiscal Year: Purchase Commitments Other Contractual Commitments (In millions) 2024 (remainder) $ 22  $ 214  2025 271  413  2026 264  419  2027 7  350  2028 7  306  Thereafter —  1,193      Total $ 571  $ 2,895

v3.24.2.u1

Restructuring and Other Charges (Tables)	3 Months Ended
	Aug. 04, 2024
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Reserve by Type of Cost	The following table summarizes the significant activities within, and components of, the restructuring liabilities during the three fiscal quarters ended August 4, 2024: Employee Termination Costs Lease and Impairment Costs Total (In millions) Balance as of October 29, 2023 $ 2  $ —  $ 2  Restructuring charges (a) 1,270  148  1,418  Utilization (1,117) (148) (1,265) Balance as of August 4, 2024 $ 155  $ —  $ 155

v3.24.2.u1

Overview, Basis of Presentation and Significant Accounting Policies (Textuals) (Details) $ / shares in Units, $ in Millions			9 Months Ended
	Jul. 12, 2024 $ / shares	Nov. 22, 2023 USD ($) shares	Aug. 04, 2024 segment $ / shares	Jul. 11, 2024 $ / shares	Oct. 29, 2023 $ / shares
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments | segment			2
Fiscal Period Number of Weeks			52- or 53-week
Stock Split, Conversion Ratio	10
Common stock, Par value per share | $ / shares	$ 0.001		$ 0.001	$ 0.001	$ 0.001
VMware Acquisition
Purchase Price Allocation [Line Items]
Payments to Acquire Businesses, Gross		$ 30,788
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares		544,000,000
Business Acquisition, Equity Interest Issued or Issuable, Value Assigned		$ 53,398

v3.24.2.u1

Revenue from Contracts with Customers 1 (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Aug. 04, 2024	Jul. 30, 2023	Aug. 04, 2024	Jul. 30, 2023
Disaggregation of Revenue [Line Items]
Total net revenue	$ 13,072	$ 8,876	$ 37,520	$ 26,524
Americas
Disaggregation of Revenue [Line Items]
Total net revenue	3,991	2,089	10,950	6,162
Asia Pacific
Disaggregation of Revenue [Line Items]
Total net revenue	7,041	5,947	20,492	17,668
Europe, the Middle East and Africa
Disaggregation of Revenue [Line Items]
Total net revenue	2,040	840	6,078	2,694
Products
Disaggregation of Revenue [Line Items]
Total net revenue	7,439	6,917	22,043	20,740
Products | Americas
Disaggregation of Revenue [Line Items]
Total net revenue	582	656	1,763	2,045
Products | Asia Pacific
Disaggregation of Revenue [Line Items]
Total net revenue	6,411	5,773	18,869	17,168
Products | Europe, the Middle East and Africa
Disaggregation of Revenue [Line Items]
Total net revenue	446	488	1,411	1,527
Subscriptions and services
Disaggregation of Revenue [Line Items]
Total net revenue	5,633	1,959	15,477	5,784
Subscriptions and services | Americas
Disaggregation of Revenue [Line Items]
Total net revenue	3,409	1,433	9,187	4,117
Subscriptions and services | Asia Pacific
Disaggregation of Revenue [Line Items]
Total net revenue	630	174	1,623	500
Subscriptions and services | Europe, the Middle East and Africa
Disaggregation of Revenue [Line Items]
Total net revenue	$ 1,594	$ 352	$ 4,667	$ 1,167

v3.24.2.u1

Revenue from Contracts with Customers 2 (Contract Assets and Liabilities) (Details) - USD ($) $ in Millions	9 Months Ended
	Aug. 04, 2024	Jul. 30, 2023	Oct. 29, 2023
Contract Assets
Contract with Customer, Asset, Net	$ 3,658		$ 955
Contract Liabilities
Contract with Customer, Liability	$ 15,548		$ 2,786
Percentage of Contract Liabilities Subject to Termination for Convenience	50.00%
Revenue recognized during period that was included in contract liabilities at beginning of period	$ 2,280	$ 2,677

v3.24.2.u1

Revenue from Contracts with Customers 3 (RPO) (Details) $ in Millions	Aug. 04, 2024 USD ($)
Revenue from Contract with Customer [Abstract]
Revenue, Remaining Performance Obligation, Amount	$ 21,200
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-08-04
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months
Revenue, Remaining Performance Obligation, Percentage	44.00%

v3.24.2.u1

Business Combinations and Asset Acquisitions(Textuals) (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended		9 Months Ended
	Nov. 22, 2023	Aug. 04, 2024	Jul. 30, 2023	Aug. 04, 2024	Jul. 30, 2023
Business Acquisition [Line Items]
Consideration for disposal business		$ 3,500		$ 3,500
Total net revenue		13,072	$ 8,876	37,520	$ 26,524
VMware Acquisition
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition	Nov. 22, 2023
Business Acquisition, Share Price	$ 142.50
Business Acquisition, Share Exchange Ratio	2.52
Business Acquisition, Percentage of Common Stock Consideration	50.00%
Business Acquisition, Percentage of Cash Consideration	50.00%
Payments to Acquire Businesses, Gross	$ 30,788
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	544,000,000
Business Acquisition, Equity Interest Issued or Issuable, Value Assigned	$ 53,398
Debt Assumed	$ 8,250
Total net revenue		3,833		8,609
Transaction costs		$ 12		$ 252

v3.24.2.u1

Business Combinations and Asset Acquisitions(Purchase Consideration) (Details) - USD ($) $ in Millions	Apr. 23, 2024	Nov. 22, 2023
VMware Acquisition
Business Acquisition [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Value Assigned		$ 53,398
Payments to Acquire Businesses, Gross		30,788
Payments to retire debt		1,257
Fair value of partially vested assumed VMware equity awards		805
Fair value of Broadcom common stock issued for accelerated VMware equity awards		23
Cash paid for accelerated VMware equity awards		13
Effective settlement of pre-existing relationships		6
Business Combination, Consideration Transferred		86,290
Cash Acquired from Acquisition		6,642
Bsuiness Combination, Consideration Transferred, Net of Cash Acquired		$ 79,648
Seagate's SoC Business Acquisition
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross	$ 600

v3.24.2.u1

Business Combinations and Asset Acquisitions (Total Purchase Allocation) (Details) - USD ($) $ in Millions	Aug. 04, 2024	Apr. 23, 2024	Nov. 22, 2023	Oct. 29, 2023
Business Acquisition [Line Items]
Goodwill	$ 97,873			$ 43,653
VMware Acquisition
Business Acquisition [Line Items]
Trade accounts receivables			$ 3,571
Inventory			15
Assets held-for-sale			5,206
Other current assets			757
Property, plant, and equipment			531
Goodwill			54,206
Total identified intangible assets			45,572
Other long-term assets			1,064
Total assets acquired			110,922
Accounts payable			(359)
Employee compensation and benefits			(848)
Current portion of long-term debt			(1,264)
Liabilities held-for-sale			(1,901)
Other current liabilities			(11,041)
Long-term debt			(6,254)
Other long-term liabilities			(9,607)
Total liabilities assumed			(31,274)
Fair value of net assets acquired			$ 79,648
Seagate's SoC Business Acquisition
Business Acquisition [Line Items]
Goodwill		$ 14
Total identified intangible assets		570
Other assets		16
Total assets acquired		$ 600

v3.24.2.u1

Business Combinations and Asset Acquisitions (Intangible Assets) (Details) - USD ($) $ in Millions			9 Months Ended
	Apr. 23, 2024	Nov. 22, 2023	Aug. 04, 2024
Customer contracts and related relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted-average remaining amortization period (in years)			7 years
VMware Acquisition
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired		$ 40,842
Total identified intangible assets		45,572
VMware Acquisition | Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired		$ 24,156
Weighted-average remaining amortization period (in years)		8 years
VMware Acquisition | Customer contracts and related relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired		$ 15,239
Weighted-average remaining amortization period (in years)		8 years
VMware Acquisition | Trademarks and Trade Names
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired		$ 1,205
Weighted-average remaining amortization period (in years)		14 years
VMware Acquisition | Off-market component of customer contracts
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired		$ 242
Weighted-average remaining amortization period (in years)		2 years
VMware Acquisition | In-process research and development
Acquired Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets acquired		$ 4,730
Seagate's SoC Business Acquisition
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired	$ 500
Total identified intangible assets	570
Seagate's SoC Business Acquisition | Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired	$ 90
Weighted-average remaining amortization period (in years)	11 years
Seagate's SoC Business Acquisition | Customer contracts and related relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired	$ 410
Weighted-average remaining amortization period (in years)	11 years
Seagate's SoC Business Acquisition | In-process research and development
Acquired Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets acquired	$ 70

v3.24.2.u1

Business Combinations and Asset Acquisitions (IPR&D) (Details) - VMware Acquisition - In-process research and development $ in Millions	Nov. 22, 2023 USD ($) Rate
Acquired Indefinite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets acquired	$ 4,730
VMware Cloud Foundation July 2024 releases
Acquired Indefinite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets acquired	$ 790
Percentage of completion | Rate	67.00%
Estimated costs to complete	$ 38
Year of completion	2024
VMware Cloud Foundation March 2025 releases
Acquired Indefinite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets acquired	$ 2,900
Percentage of completion | Rate	58.00%
Estimated costs to complete	$ 185
Year of completion	2025
VMware Cloud Foundation July 2025 releases
Acquired Indefinite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets acquired	$ 750
Percentage of completion | Rate	43.00%
Estimated costs to complete	$ 65
Year of completion	2025
VMware cloud foundation networking and security virtualization
Acquired Indefinite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets acquired	$ 265
Percentage of completion | Rate	21.00%
Estimated costs to complete	$ 59
Year of completion	2024
Application networking and security
Acquired Indefinite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets acquired	$ 25
Percentage of completion | Rate	21.00%
Estimated costs to complete	$ 47
Year of completion	2024

v3.24.2.u1

Business Combinations and Asset Acquisitions (Pro Forma) (Details) - VMware Acquisition - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Aug. 04, 2024	Jul. 30, 2023	Aug. 04, 2024	Jul. 30, 2023
Business Acquisition [Line Items]
Pro forma net revenue	$ 13,088	$ 11,938	$ 38,118	$ 35,827
Pro forma net income	$ (1,819)	$ 2,030	$ 2,057	$ 5,879

v3.24.2.u1

Supplemental Financial Information (Cash Equivalents) (Details) - Cash Equivalents - Fair Value, Inputs, Level 1 - USD ($) $ in Millions	Aug. 04, 2024	Oct. 29, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Time deposits	$ 1,791	$ 1,470
Money-market funds	$ 1,344	$ 1,650

v3.24.2.u1

Supplemental Financial Information (Accounts Receivable Factoring) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Aug. 04, 2024	Jul. 30, 2023	Aug. 04, 2024	Jul. 30, 2023
Accounts Receivable Factoring [Abstract]
Accounts receivable factored	$ 1,450	$ 900	$ 3,950	$ 2,825

v3.24.2.u1

Supplemental Financial Information (Inventory) (Details) - USD ($) $ in Millions	Aug. 04, 2024	Oct. 29, 2023
Inventory, Net [Abstract]
Finished goods	$ 568	$ 676
Work-in-process	896	901
Raw materials	430	321
Total inventory	$ 1,894	$ 1,898

v3.24.2.u1

Supplemental Financial Information (Discontinued Operations) (Details) $ in Millions	3 Months Ended	9 Months Ended
	Aug. 04, 2024 USD ($)	Aug. 04, 2024 USD ($)
Inventory Disclosure [Abstract]
Disposal Group, Including Discontinued Operation, Revenue	$ 178	$ 858
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	(100)	(31)
Discontinued Operation, Tax Effect of Income (Loss) from Discontinued Operation During Phase-out Period	(343)	(361)
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax	(443)	(392)
Consideration for disposal business	$ 3,500	$ 3,500

v3.24.2.u1

Supplemental Financial Information (Other Current Assets) (Details) - USD ($) $ in Millions	Aug. 04, 2024	Oct. 29, 2023
Prepaid Expense and Other Assets, Current [Abstract]
Contract with Customer, Asset, after Allowance for Credit Loss, Current	$ 1,557	$ 499
Prepaid expenses	1,070	743
Other	809	364
Total other current assets	$ 3,436	$ 1,606

v3.24.2.u1

Supplemental Financial Information (Other Current Liabilities) (Details) - USD ($) $ in Millions	Aug. 04, 2024	Oct. 29, 2023
Other Liabilities, Current [Abstract]
Contract liabilities	$ 9,789	$ 2,487
Tax liabilities	1,091	473
Interest payable	500	380
Other	1,198	312
Other current liabilities	$ 12,578	$ 3,652

v3.24.2.u1

Supplemental Financial Information (Other Long-Term Liabilities) (Details) - USD ($) $ in Millions	Aug. 04, 2024	Oct. 29, 2023
Other Liabilities, Noncurrent [Abstract]
Unrecognized tax benefits and accrued interest	$ 3,356	$ 2,792
Contract liabilities	5,759	299
Deferred Tax and Other Liabilities, Noncurrent	5,594	99
Other	1,587	657
Total other long-term liabilities	$ 16,296	$ 3,847

v3.24.2.u1

Supplemental Financial Information (Supplemental Cash Flow) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Aug. 04, 2024	Jul. 30, 2023	Aug. 04, 2024	Jul. 30, 2023
Supplemental Cash Flow Elements [Abstract]
Cash paid for interest	$ 816	$ 348	$ 2,512	$ 1,106
Cash paid for income taxes	$ 585	$ 427	$ 2,323	$ 1,591

v3.24.2.u1

Goodwill (Details) - USD ($) $ in Millions	9 Months Ended
	Aug. 04, 2024	Apr. 23, 2024	Nov. 22, 2023	Oct. 29, 2023
Goodwill [Line Items]
Goodwill	$ 97,873			$ 43,653
VMware Acquisition
Goodwill [Line Items]
Goodwill			$ 54,206
Goodwill acquired during the period	54,206
Seagate's SoC Business Acquisition
Goodwill [Line Items]
Goodwill		$ 14
Goodwill acquired during the period	14
Semiconductor Solutions
Goodwill [Line Items]
Goodwill	26,015			26,001
Semiconductor Solutions | VMware Acquisition
Goodwill [Line Items]
Goodwill acquired during the period	0
Semiconductor Solutions | Seagate's SoC Business Acquisition
Goodwill [Line Items]
Goodwill acquired during the period	14
Infrastructure Software
Goodwill [Line Items]
Goodwill	71,858			$ 17,652
Infrastructure Software | VMware Acquisition
Goodwill [Line Items]
Goodwill acquired during the period	54,206
Infrastructure Software | Seagate's SoC Business Acquisition
Goodwill [Line Items]
Goodwill acquired during the period	$ 0

v3.24.2.u1

Intangible Assets (Intangible Assets) (Details) - USD ($) $ in Millions	Aug. 04, 2024	Oct. 29, 2023
Schedule of Finite-lived and Indefinite-lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	$ 64,638	$ 20,823
Accumulated amortization	(23,944)	(16,966)
Finite-Lived Intangible Assets, Net	40,694	3,857
Intangible assets, gross	66,978	20,833
Intangible assets, net book value	43,034	3,867
Purchased technology
Schedule of Finite-lived and Indefinite-lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	39,657	12,938
Accumulated amortization	(15,141)	(10,723)
Finite-Lived Intangible Assets, Net	24,516	2,215
Customer contracts and related relationships
Schedule of Finite-lived and Indefinite-lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	22,950	7,059
Accumulated amortization	(8,217)	(5,753)
Finite-Lived Intangible Assets, Net	14,733	1,306
Trade names
Schedule of Finite-lived and Indefinite-lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	1,854	649
Accumulated amortization	(474)	(388)
Finite-Lived Intangible Assets, Net	1,380	261
Other
Schedule of Finite-lived and Indefinite-lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	177	177
Accumulated amortization	(112)	(102)
Finite-Lived Intangible Assets, Net	65	75
In-process research and development
Schedule of Finite-lived and Indefinite-lived Intangible Assets [Line Items]
In-process research and development	$ 2,340	$ 10

v3.24.2.u1

Intangible Assets (Intangible Asset Amortization) (Details) - USD ($) $ in Millions	Aug. 04, 2024	Oct. 29, 2023
Finite-lived intangible assets future amortization expense
2024 (Remainder)	$ 2,451
2025	8,055
2026	7,571
2027	6,533
2028	5,443
Thereafter	10,641
Finite-Lived Intangible Assets, Net	$ 40,694	$ 3,857

v3.24.2.u1

Intangible Assets (Intangible Asset Life) (Details)	9 Months Ended
	Aug. 04, 2024
Purchased technology
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted-average remaining amortization period (in years)	7 years
Customer contracts and related relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted-average remaining amortization period (in years)	7 years
Trade names
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted-average remaining amortization period (in years)	12 years
Other
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted-average remaining amortization period (in years)	7 years

v3.24.2.u1

Net Income Per Share (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended						9 Months Ended
	Aug. 04, 2024	May 05, 2024	Feb. 04, 2024	Jul. 30, 2023	Apr. 30, 2023	Jan. 29, 2023	Aug. 04, 2024	Jul. 30, 2023
Numerator:
Income (loss) from continuing operations	$ (1,432)			$ 3,303			$ 1,963	$ 10,558
Loss from discontinued operations, net of income taxes	(443)			0			(392)	0
Net income (loss)	$ (1,875)	$ 2,121	$ 1,325	$ 3,303	$ 3,481	$ 3,774	$ 1,571	$ 10,558
Denominator:
Weighted-average shares outstanding - basic	4,663,000,000			4,130,000,000			4,606,000,000	4,154,000,000
Dilutive effect of equity awards	0			139,000,000			156,000,000	120,000,000
Weighted-average shares outstanding - diluted	4,663,000,000			4,269,000,000			4,762,000,000	4,274,000,000
Antidilutive Securities Excluded from Computation of Earnings Per Share	159,000,000
Basic income (loss) per share:
Income (loss) per share from continuing operations	$ (0.31)			$ 0.80			$ 0.43	$ 2.54
Loss per share from discontinued operations	(0.09)			0			(0.09)	0
Net income (loss) per share	(0.40)			0.80			0.34	2.54
Diluted income (loss) per share:
Income (loss) per share from continuing operations	(0.31)			0.77			0.41	2.47
Loss per share from discontinued operations	(0.09)			0			(0.08)	0
Net income (loss) per share	$ (0.40)			$ 0.77			$ 0.33	$ 2.47

v3.24.2.u1

Borrowings (Details) - USD ($)	Jul. 12, 2024	Nov. 22, 2023	Aug. 04, 2024	Oct. 29, 2023
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 72,319,000,000	$ 40,815,000,000
Long-term Debt, Current Maturities			3,117,000,000	1,563,000,000
Finance Lease, Liability, Current			44,000,000	45,000,000
Current portion of long-term debt			3,161,000,000	1,608,000,000
Long-term Debt, Excluding Current Maturities			69,202,000,000	39,252,000,000
Finance Lease, Liability, Noncurrent			17,000,000	4,000,000
Unamortized discount and issuance costs			(2,421,000,000)	(1,635,000,000)
Long-term debt			$ 66,798,000,000	37,621,000,000
July 2027 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			5.05%
Effective interest rate			5.27%
Long-term Debt, Gross	$ 1,250,000,000		$ 1,250,000,000	0
July 2029 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			5.05%
Effective interest rate			5.23%
Long-term Debt, Gross	2,250,000,000		$ 2,250,000,000	0
November 2031 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			5.15%
Effective interest rate			5.30%
Long-term Debt, Gross	$ 1,500,000,000		$ 1,500,000,000	0
July 2024 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 5,000,000,000	0
Long Term Debt Change In Control Repurchase Percentage	101.00%
Term Loan through November 2025
Debt Instrument [Line Items]
Long-term Debt, Gross		$ 11,195,000,000
Term Loan through November 2026
Debt Instrument [Line Items]
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate			1.25%
Effective interest rate			7.03%
Long-term Debt, Gross		11,195,000,000	$ 11,195,000,000	0
Term Loan through November 2028
Debt Instrument [Line Items]
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate			1.625%
Effective interest rate			7.23%
Long-term Debt, Gross		8,000,000,000	$ 8,000,000,000	0
2023 Term Loan Total
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 19,195,000,000	$ 0
April 2029 Senior Notes issued in Apr'22
Debt Instrument [Line Items]
Fixed interest rate			4.00%	4.00%
Effective interest rate			4.17%	4.17%
Long-term Debt, Gross			$ 750,000,000	$ 750,000,000
April 2032 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			4.15%	4.15%
Effective interest rate			4.30%	4.30%
Long-term Debt, Gross			$ 1,200,000,000	$ 1,200,000,000
May 2037 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			4.926%	4.926%
Effective interest rate			5.33%	5.33%
Long-term Debt, Gross			$ 2,500,000,000	$ 2,500,000,000
April 2022 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 4,450,000,000	$ 4,450,000,000
November 2035 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.137%	3.137%
Effective interest rate			4.23%	4.23%
Long-term Debt, Gross			$ 3,250,000,000	$ 3,250,000,000
November 2036 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.187%	3.187%
Effective interest rate			4.79%	4.79%
Long-term Debt, Gross			$ 2,750,000,000	$ 2,750,000,000
September 2021 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 6,000,000,000	$ 6,000,000,000
April 2033 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.419%	3.419%
Effective interest rate			4.66%	4.66%
Long-term Debt, Gross			$ 2,250,000,000	$ 2,250,000,000
April 2034 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.469%	3.469%
Effective interest rate			4.63%	4.63%
Long-term Debt, Gross			$ 3,250,000,000	$ 3,250,000,000
March 2021 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 5,500,000,000	$ 5,500,000,000
February 2028 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			1.95%	1.95%
Effective interest rate			2.10%	2.10%
Long-term Debt, Gross			$ 750,000,000	$ 750,000,000
February 2031 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			2.45%	2.45%
Effective interest rate			2.56%	2.56%
Long-term Debt, Gross			$ 2,750,000,000	$ 2,750,000,000
February 2033 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			2.60%	2.60%
Effective interest rate			2.70%	2.70%
Long-term Debt, Gross			$ 1,750,000,000	$ 1,750,000,000
February 2041 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.50%	3.50%
Effective interest rate			3.60%	3.60%
Long-term Debt, Gross			$ 3,000,000,000	$ 3,000,000,000
February 2051 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.75%	3.75%
Effective interest rate			3.84%	3.84%
Long-term Debt, Gross			$ 1,750,000,000	$ 1,750,000,000
January 2021 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 10,000,000,000	$ 10,000,000,000
September 2026 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.459%	3.459%
Effective interest rate			4.19%	4.19%
Long-term Debt, Gross			$ 752,000,000	$ 752,000,000
September 2028 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			4.11%	4.11%
Effective interest rate			5.02%	5.02%
Long-term Debt, Gross			$ 1,118,000,000	$ 1,118,000,000
June 2020 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 1,870,000,000	$ 1,870,000,000
November 2023 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			2.25%	2.25%
Effective interest rate			2.40%	2.40%
Long-term Debt, Gross			$ 0	$ 105,000,000
November 2025 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.15%	3.15%
Effective interest rate			3.29%	3.29%
Long-term Debt, Gross			$ 900,000,000	$ 900,000,000
November 2030 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			4.15%	4.15%
Effective interest rate			4.27%	4.27%
Long-term Debt, Gross			$ 1,856,000,000	$ 1,856,000,000
November 2032 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			4.30%	4.30%
Effective interest rate			4.39%	4.39%
Long-term Debt, Gross			$ 2,000,000,000	$ 2,000,000,000
May 2020 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 4,756,000,000	$ 4,861,000,000
April 2030 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			5.00%	5.00%
Effective interest rate			5.18%	5.18%
Long-term Debt, Gross			$ 606,000,000	$ 606,000,000
October 2024 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.625%	3.625%
Effective interest rate			3.98%	3.98%
Long-term Debt, Gross			$ 622,000,000	$ 622,000,000
April 2029 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			4.75%	4.75%
Effective interest rate			4.95%	4.95%
Long-term Debt, Gross			$ 1,655,000,000	$ 1,655,000,000
April 2019 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 2,277,000,000	$ 2,277,000,000
January 2024 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.625%	3.625%
Effective interest rate			3.74%	3.74%
Long-term Debt, Gross			$ 0	$ 829,000,000
January 2025 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.125%	3.125%
Effective interest rate			3.23%	3.23%
Long-term Debt, Gross			$ 495,000,000	$ 495,000,000
January 2027 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.875%	3.875%
Effective interest rate			4.02%	4.02%
Long-term Debt, Gross			$ 2,922,000,000	$ 2,922,000,000
January 2028 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.50%	3.50%
Effective interest rate			3.60%	3.60%
Long-term Debt, Gross			$ 777,000,000	$ 777,000,000
2017 Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross			4,194,000,000	5,023,000,000
Assumed VMware Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross		$ 8,250,000,000
Long Term Debt Change In Control Repurchase Percentage		101.00%
Revolver Borrowings
Debt Instrument [Line Items]
Long-term Debt, Gross			0	0
Commercial Paper
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 0	0
VMware Acquisition | August 2024 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			1.00%
Effective interest rate			5.80%
Long-term Debt, Gross			$ 1,250,000,000	0
VMware Acquisition | May 2025 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			4.50%
Effective interest rate			5.81%
Long-term Debt, Gross			$ 750,000,000	0
VMware Acquisition | August 2026 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			1.40%
Effective interest rate			5.60%
Long-term Debt, Gross			$ 1,500,000,000	0
VMware Acquisition | May 2027 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			4.65%
Effective interest rate			5.60%
Long-term Debt, Gross			$ 500,000,000	0
VMware Acquisition | August 2027 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.90%
Effective interest rate			5.50%
Long-term Debt, Gross			$ 1,250,000,000	0
VMware Acquisition | August 2028 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			1.80%
Effective interest rate			5.44%
Long-term Debt, Gross			$ 750,000,000	0
VMware Acquisition | May 2030 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			4.70%
Effective interest rate			5.75%
Long-term Debt, Gross			$ 750,000,000	0
VMware Acquisition | August 2031 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			2.20%
Effective interest rate			5.74%
Long-term Debt, Gross			$ 1,500,000,000	0
VMware Acquisition | Assumed VMware Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 8,250,000,000	$ 0
CA Technologies, Inc. | March 2027 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			4.70%	4.70%
Effective interest rate			5.15%	5.15%
Long-term Debt, Gross			$ 215,000,000	$ 215,000,000
Broadcom Corporation | August 2024 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			3.50%	3.50%
Effective interest rate			3.55%	3.55%
Long-term Debt, Gross			$ 0	$ 7,000,000
Broadcom Corporation | August 2034 Senior Notes
Debt Instrument [Line Items]
Fixed interest rate			4.50%	4.50%
Effective interest rate			4.55%	4.55%
Long-term Debt, Gross			$ 6,000,000	$ 6,000,000
Broadcom Corporation | Other Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 6,000,000	$ 13,000,000

v3.24.2.u1

Borrowings (Textual) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Aug. 04, 2024	May 05, 2024	Aug. 04, 2024	Jul. 30, 2023	Jan. 19, 2021	Feb. 28, 2019
Debt repayment [Line Items]
Debt repayment			$ 12,136	$ 260
Term Loan through November 2025
Debt repayment [Line Items]
Debt repayment	$ 9,195	$ 2,000
Write-off of debt issuance costs and unamortized discount or premium	83		105
Commercial Paper
Debt repayment [Line Items]
Commercial paper, Maximum borrowing capacity						$ 2,000
January 2021 Credit Agreement | Revolving Facility
Debt repayment [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					$ 7,500
January 2021 Credit Agreement | Foreign Line of Credit
Debt repayment [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					$ 500
Fair Value, Inputs, Level 2
Debt repayment [Line Items]
Long-term Debt, Fair Value	$ 68,417		$ 68,417

v3.24.2.u1

Borrowings (Future Principal Payments) (Details) - USD ($) $ in Millions	Aug. 04, 2024	Oct. 29, 2023
Debt Disclosure [Abstract]
2024 (Remainder)	$ 1,872
2025	1,245
2026	3,152
2027	17,332
2028	3,395
Thereafter	45,323
Long-term Debt, Gross	$ 72,319	$ 40,815

v3.24.2.u1

Stockholders' Equity (Stock Split) (Details)	Jul. 12, 2024 $ / shares shares	Aug. 04, 2024 $ / shares shares	Jul. 11, 2024 $ / shares shares	Oct. 29, 2023 $ / shares shares
Equity [Abstract]
Stock Split, Conversion Ratio	10
Common stock, Shares authorized | shares	29,000,000,000	29,000,000,000	2,900,000,000	29,000,000,000
Common stock, Par value per share | $ / shares	$ 0.001	$ 0.001	$ 0.001	$ 0.001

v3.24.2.u1

Stockholders' Equity (Dividends and Distributions) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Aug. 04, 2024	Jul. 30, 2023	Aug. 04, 2024	Jul. 30, 2023
Equity [Abstract]
Dividends per share to common stockholders	$ 0.525	$ 0.460	$ 1.575	$ 1.380
Dividends to common stockholders	$ 2,452	$ 1,901	$ 7,330	$ 5,741

v3.24.2.u1

Stockholders' Equity (Share Repurchase Program) (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Feb. 04, 2024	Jul. 30, 2023	Aug. 04, 2024	Jul. 30, 2023	May 25, 2022
Equity [Abstract]
Repurchases of common stock , Shares	67	23		90
Payments for Repurchase of Common Stock	$ 7,176	$ 1,707	$ 7,176	$ 5,701
Stock Repurchase Program, Authorized Amount					$ 20,000

v3.24.2.u1

Stockholders' Equity (Equity Incentive Award Plans) (Details) shares in Millions	9 Months Ended
	Aug. 04, 2024 shares
2007 Plan
Stock-based Compensation Arrangement by Stock-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	59
RSUs
Stock-based Compensation Arrangement by Stock-based Payment Award [Line Items]
Assumed in VMware Merger	46
RSUs | VMware Acquisition
Stock-based Compensation Arrangement by Stock-based Payment Award [Line Items]
Assumed in VMware Merger	46
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period	4 years

v3.24.2.u1

Stockholders' Equity (Stock-based Compensation Expense) (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Aug. 04, 2024		Jul. 30, 2023	Aug. 04, 2024		Jul. 30, 2023
Employee Service Stock-based Compensation, Allocation of Recognized Period Costs [Line Items]
Unrecognized compensation cost related to unvested stock-based awards	$ 12,900			$ 12,900
Unrecognized compensation cost, Remaining weighted-average service period				3 years 2 months 12 days
Stock-based compensation expense	1,381	[1]	$ 629	$ 4,356	[1]	$ 1,533
Cost of products sold
Employee Service Stock-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	31		25	87		63
Cost of subscriptions and services
Employee Service Stock-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	143		36	418		85
Research and development
Employee Service Stock-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	877		444	2,621		1,065
Selling, general and administrative
Employee Service Stock-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	330		$ 124	1,230		$ 320
VMware Discontinued Operations
Employee Service Stock-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	6			142
VMware Acquisition
Employee Service Stock-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 285			$ 1,382
[1] Does not include $6 million and $142 million of stock-based compensation expense for the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively, which was included in loss from discontinued operations, net of income taxes in our condensed consolidated statements of operations.

v3.24.2.u1

Stockholders' Equity (RSU Activity) (Details) - RSUs $ / shares in Units, shares in Millions, $ in Millions	9 Months Ended
	Aug. 04, 2024 USD ($) $ / shares shares
RSUs, Nonvested, Number of Shares [Roll Forward]
Beginning balance | shares	218
Assumed in VMware Merger | shares	46
Granted | shares	80
Vested | shares	(84)
Forfeited | shares	(18)
Ending balance | shares	242
RSUs, Weighted Average Grant Date Fair Value per Share
Beginning balance, Weighted average grant date fair value per share | $ / shares	$ 38.92
Assumed, Weighted average grant date fair value per share | $ / shares	96.85
Granted, Weighted average grant date fair value per share | $ / shares	114.99
Vested, Weighted average grant date fair value per share | $ / shares	52.60
Forfeited, Weighted average grant date fair value per share | $ / shares	84.87
Ending balance, Weighted average grant date fair value per share | $ / shares	$ 66.50
Aggregate market value of RSUs vested | $	$ 11,176

v3.24.2.u1

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Aug. 04, 2024	Jul. 30, 2023	Aug. 04, 2024	Jul. 30, 2023
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 4,238	$ 271	$ 4,190	$ 572
Gross unrecognized tax benefits	6,459		6,459
Possible change of existing unrecognized tax benefits	722		$ 722
Income Tax Examination [Line Items]
Effective Income Tax Rate Reconciliation, Disposition of Asset, Amount	$ 4,522

v3.24.2.u1

Segment Information (Details) $ in Millions	3 Months Ended		9 Months Ended
	Aug. 04, 2024 USD ($)	Jul. 30, 2023 USD ($)	Aug. 04, 2024 USD ($) segment	Jul. 30, 2023 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment			2
Total net revenue	$ 13,072	$ 8,876	$ 37,520	$ 26,524
Total operating income	3,788	3,856	8,836	11,967
Semiconductor Solutions
Segment Reporting Information [Line Items]
Total net revenue	7,274	6,941	21,866	20,856
Total operating income	4,042	4,092	12,136	12,215
Infrastructure Software
Segment Reporting Information [Line Items]
Total net revenue	5,798	1,935	15,654	5,668
Total operating income	3,906	1,444	9,789	4,163
Unallocated Expenses
Segment Reporting Information [Line Items]
Total operating income	$ (4,160)	$ (1,680)	$ (13,089)	$ (4,411)

v3.24.2.u1

Commitments and Contingencies (Details) $ in Millions	Aug. 04, 2024 USD ($)
Purchase commitments
Purchase commitments, Due in 2024 (remainder)	$ 22
Purchase commitments, Due in 2025	271
Purchase commitments, Due in 2026	264
Purchase commitments, Due in 2027	7
Purchase commitments, Due in 2028	7
Purchase commitments, Thereafter	0
Purchase commitments, Total	571
Other contractual commitments
Other contractual commitments, Due in 2024 (remainder)	214
Other contractual commitments, Due in 2025	413
Other contractual commitments, Due in 2026	419
Other contractual commitments, Due in 2027	350
Other contractual commitments, Due in 2028	306
Other contractual commitments, Thereafter	1,193
Other contractual commitments, Total	$ 2,895

v3.24.2.u1

Commitment and Contingencies (Details) 2 - USD ($) $ in Millions	Aug. 04, 2024	Oct. 29, 2023
Commitments and Contingencies Disclosure [Abstract]
Unrecognized tax benefits and accrued interest	$ 3,356	$ 2,792

v3.24.2.u1

Restructuring and Other Charges (Details) - USD ($) $ in Millions		3 Months Ended	9 Months Ended
		Aug. 04, 2024	Aug. 04, 2024		Oct. 29, 2023
Restructuring Cost and Reserve [Line Items]
Restructuring reserve		$ 155	$ 155		$ 2
Restructuring charges		361	1,418	[1]
Utilization of restructuring reserve			(1,265)
Write-down of restructured lease-related right-of-use assets and other lease-related charges			82
Other Restructuring Costs			66
Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring reserve		155	155		2
Restructuring charges			1,270
Utilization of restructuring reserve			(1,117)
Other Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring reserve		$ 0	0		$ 0
Restructuring charges	[1]		148
Utilization of restructuring reserve			$ (148)
[1] (a) Lease and impairment costs included the write-down of $82 million lease-related assets and $66 million of asset impairments and other costs.

v3.24.2.u1

Subsequent Events - Cash Dividends (Details) - Subsequent Event - $ / shares	Sep. 30, 2024	Sep. 19, 2024	Sep. 04, 2024
Dividends Payable [Line Items]
Common dividends declared (in dollars per share)			$ 0.53
Dividend Declared
Dividends Payable [Line Items]
Dividends payable, Date declared			Sep. 04, 2024
Dividends payable, Date to be paid	Sep. 30, 2024
Dividends payable, Date of record		Sep. 19, 2024

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