CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 29, 2023
Oct. 29, 2022
Current assets:    
Cash and cash equivalents $ 1,167,695 $ 994,352
Short-term investments 150,464 153,989
Accounts receivable, net of allowance for credit losses of $10.5 million and $11.0 million as of April 29, 2023 and October 29, 2022, respectively. 1,036,688 920,772
Inventories, net 1,098,092 946,730
Prepaid expenses and other 415,687 370,053
Total current assets 3,868,626 3,385,896
Long-term investments 25,237 35,385
Equipment, building, furniture and fixtures, net 278,344 267,779
Operating right-of-use assets 41,119 45,108
Goodwill 446,364 328,322
Other intangible assets, net 231,314 69,517
Deferred tax asset, net 795,051 824,008
Other long-term assets 89,583 113,617
Total assets 5,775,638 5,069,632
Current liabilities:    
Accounts payable 444,769 516,047
Accrued liabilities and other short-term obligations 380,969 360,782
Deferred revenue 202,818 137,899
Operating lease liabilities 17,443 18,925
Current portion of long-term debt 11,930 6,930
Total current liabilities 1,057,929 1,040,583
Long-term deferred revenue 67,807 62,336
Other long-term obligations 154,870 150,335
Long-term operating lease liabilities 39,979 42,392
Long-term debt, net 1,546,400 1,061,125
Total liabilities 2,866,985 2,356,771
Commitments and contingencies (Note 23)
Stockholders’ equity:    
Preferred stock – par value $0.01; 20,000,000 shares authorized; zero shares issued and outstanding 0 0
Common stock – par value $0.01; 290,000,000 shares authorized; 149,498,465 and 148,412,943 shares issued and outstanding 1,495 1,484
Additional paid-in capital 6,445,247 6,390,252
Accumulated other comprehensive loss (39,754) (46,645)
Accumulated deficit (3,498,335) (3,632,230)
Total stockholders’ equity 2,908,653 2,712,861
Total liabilities and stockholders’ equity $ 5,775,638 $ 5,069,632