Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions |
12 Months Ended |
Dec. 03, 2021 |
Nov. 27, 2020 |
Nov. 29, 2019 |
| Revenue: |
|
|
|
| Subscription |
$ 14,573
|
$ 11,626
|
$ 9,634
|
| Product |
555
|
507
|
648
|
| Services and other |
657
|
735
|
889
|
| Total revenue |
15,785
|
12,868
|
11,171
|
| Cost of revenue: |
|
|
|
| Subscription |
1,374
|
1,108
|
926
|
| Product |
41
|
36
|
40
|
| Services and other |
450
|
578
|
707
|
| Total cost of revenue |
1,865
|
1,722
|
1,673
|
| Gross profit |
13,920
|
11,146
|
9,498
|
| Operating expenses: |
|
|
|
| Research and development |
2,540
|
2,188
|
1,930
|
| Sales and marketing |
4,321
|
3,591
|
3,244
|
| General and administrative |
1,085
|
968
|
881
|
| Amortization of intangibles |
172
|
162
|
175
|
| Total operating expenses |
8,118
|
6,909
|
6,230
|
| Operating income |
5,802
|
4,237
|
3,268
|
| Non-operating income (expense): |
|
|
|
| Interest expense |
(113)
|
(116)
|
(157)
|
| Investment gains (losses), net |
16
|
13
|
52
|
| Other income (expense), net |
0
|
42
|
42
|
| Total non-operating income (expense), net |
(97)
|
(61)
|
(63)
|
| Income before income taxes |
5,705
|
4,176
|
3,205
|
| Provision for (benefit from) income taxes |
883
|
(1,084)
|
254
|
| Net income |
$ 4,822
|
$ 5,260
|
$ 2,951
|
| Basic net income per share |
$ 10.10
|
$ 10.94
|
$ 6.07
|
| Shares used to compute basic net income per share |
477.3
|
480.9
|
486.3
|
| Diluted net income per share |
$ 10.02
|
$ 10.83
|
$ 6.00
|
| Shares used to compute diluted net income per share |
481.0
|
485.5
|
491.6
|