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Discontinued operations, net of tax:

711,225

247,408

525,177

Income from discontinued operations

364

12,779

Gain on sale of discontinued operations

859

248,328

Total income from discontinued operations, net of tax

859

364

261,107

Shares used to compute earnings per share - Basic

$ 712,084

$ 247,772

$ 786,284

297,387

291,385

292,688

Shares used to compute earnings per share - Diluted

305,861

292,698

297,110

Earnings per share - Basic

$ 2.39

$ 0.85

$ 1.79

^[2]

2.39

0.85

2.69

Earnings per share - Diluted

2.33

0.85

1.77

Dividends declared and paid per share

2.33

0.85

2.65

$ 0.84

$ 0.80

$ 0.76

Includes stock-based compensation expense as follows:

Cost of sales

$ 7,333

$ 7,469

$ 7,806

Research and development

23,342

22,666

23,768

Selling, marketing, general and administrative

$ 21,077

$ 18,478

$ 20,970

[1]	Includes stock-based compensation expense
[2]	The sum of the individual per share amounts may not equal due to rounding.

Consolidated Balance Sheets - USD ($)
$ in Thousands

12 Months Ended

Oct. 30, 2010

Oct. 31, 2009

Current Assets

Cash and cash equivalents

$ 1,070,000

$ 639,729

Short-term investments

1,617,768

1,176,244

Accounts receivable less allowances of $1,581 ($1,681 in 2009)

387,169

301,036

Inventories

^[1]

277,478

253,161

Deferred tax assets

74,710

78,740

Deferred compensation plan investments

1,363

Prepaid expenses and other current assets

51,874

40,363

Total current assets

3,478,999

2,490,636

Property, Plant and Equipment, at Cost

Land and buildings

401,277

395,151

Machinery and equipment

1,578,493

1,511,822

Office equipment

56,449

56,294

Leasehold improvements

65,326

66,847

Gross property, plant and equipment

2,101,545

2,030,114

Less accumulated depreciation and amortization

1,628,880

1,553,598

Net property, plant and equipment

472,665

476,516

Deferred compensation plan investments

8,690

6,580

Non-current assets of discontinued operations

1,317

1,485

Goodwill

255,580

250,881

Intangible assets, net

1,343

6,855

Deferred tax assets

52,765

38,759

Other assets

57,472

35,658

62,037

Total other assets

377,167

402,255

Total assets

4,328,831

3,369,407

Current Liabilities

Accounts payable

133,111

107,334

Deferred income on shipments to distributors, net

242,848

149,278

Income taxes payable

60,421

6,445

Deferred compensation plan liability

1,363

Accrued liabilities

207,087

122,193

Total current liabilities

643,467

386,613

Non-current Liabilities

Deferred compensation plan liability

^[2]

400,635

379,626

Deferred income taxes

1,800

1,345

8,690

6,577

Other non-current liabilities

74,522

66,097

Total non-current liabilities

$ 485,647

$ 453,645

Commitments and contingencies (Note 12)

Shareholders' Equity

Preferred stock, $1.00 par value, 471,934 shares authorized, none outstanding

$ 0

Common stock, $0.16 2/3 par value, 1,200,000,000 shares authorized, 298,652,994 shares issued and outstanding (291,861,767 on October 31, 2009)

49,777

48,645

Capital in excess of par value

286,969

56,306

Retained earnings

2,896,566

2,434,446

Accumulated other comprehensive loss

(33,595)

(10,248)

Total shareholders' equity

3,199,717

2,529,149

Total liabilities and shareholders' equity

$ 4,328,831

$ 3,369,407

[1]	Includes $2,534 and $2,718 related to stock-based compensation at October 30, 2010 and October 31, 2009, respectively.
[2]	Equal to the accreted notional value of the debt plus the mark-to-market of the interest rate component of the long-term debt to fair value. The fair value of the long-term debt as of October 30, 2010 and October 31, 2009 was $416.3 million and $389.5 million, respectively.

Consolidated Balance Sheets (Parenthetical) - USD ($)	Oct. 30, 2010	Oct. 31, 2009
Current Assets
Allowances of accounts receivable	$ 1,581,000	$ 1,681,000
Amount related to stock based compensation included in inventories	2,534,000	2,718,000
Shareholders' Equity
Preferred stock, par value	$ 1	$ 1
Preferred stock, shares authorized	471,934	471,934
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.166	$ 0.166
Common stock, shares authorized	1,200,000,000	1,200,000,000
Common stock, shares issued	298,652,994	291,861,767
Common stock, shares outstanding	298,652,994	291,861,767

Consolidated Statements of Shareholders' Equity - USD ($) shares in Thousands, $ in Thousands	3 Months Ended				12 Months Ended
	Oct. 30, 2010	Jan. 30, 2010	Oct. 31, 2009	Jan. 31, 2009	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008
Statement [Line Items]
Beginning Balance		$ 2,529,149			$ 2,529,149
Net income	$ 224,994	120,459	$ 105,609	$ 24,949	712,084	$ 247,772	$ 786,284
Stock-based compensation expense							50,247
Other comprehensive (loss) income					(23,347)	37,930	(81,269)
Ending Balance	3,199,717		2,529,149		3,199,717	2,529,149
Common Stock [Member]
Statement [Line Items]
Beginning Balance		$ 48,645		$ 48,533	$ 48,645	$ 48,533	$ 50,560
Beginning Balance, Shares		291,862		291,193	291,862	291,193	303,354
Issuance of stock under stock plans and other, net of repurchases					$ 1,344	$ 142	$ 1,209
Issuance of stock under stock plans and other, net of repurchases, shares					8,066	851	7,256
Common stock repurchased					$ (212)	$ (30)	$ (3,236)
Common stock repurchased, shares					(1,275)	(182)	(19,417)
Ending Balance	$ 49,777		$ 48,645		$ 49,777	$ 48,645	$ 48,533
Ending Balance, Shares	298,653		291,862		298,653	291,862	291,193
Capital in Excess of Par Value [Member]
Statement [Line Items]
Beginning Balance		$ 56,306		$ 0	$ 56,306	$ 0	$ 0
Issuance of stock under stock plans and other, net of repurchases					214,803	12,235
Tax (deficit) benefit-stock options					3,744	(810)
Stock-based compensation expense					51,752	48,613
Common stock repurchased					(39,636)	(3,732)
Ending Balance	$ 286,969		$ 56,306		286,969	56,306	0
Retained Earnings [Member]
Statement [Line Items]
Beginning Balance		2,434,446		2,419,908	2,434,446	2,419,908	2,253,483
Change in defined benefit plan measurement date						(246)
Net income					712,084	247,772	786,284
Dividends declared and paid					(249,964)	(232,988)	(222,530)
Issuance of stock under stock plans and other, net of repurchases							92,946
Tax (deficit) benefit-stock options							26,095
Common stock repurchased							(566,617)
Ending Balance	2,896,566		2,434,446		2,896,566	2,434,446	2,419,908
Accumulated Other Comprehensive (Loss) Income [Member]
Statement [Line Items]
Beginning Balance		$ (10,248)		$ (48,178)	(10,248)	(48,178)	33,091
Other comprehensive (loss) income					(23,347)	37,930	(81,269)
Ending Balance	$ (33,595)		$ (10,248)		$ (33,595)	$ (10,248)	$ (48,178)

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008
Consolidated Statements of Comprehensive Income [Abstract]
Income from continuing operations, net of tax	$ 711,225	$ 247,408	$ 525,177
Foreign currency translation adjustments	6,085	14,840	(42,370)
Net unrealized (losses) gains on securities:
Net unrealized holding (losses) gains (net of taxes of $6 in 2010, $347 in 2009 and $372 in 2008) on securities classified as short-term investments	(50)	(2,456)	2,508
Net unrealized holding gains (losses) (net of taxes of $175 in 2010, $197 in 2009 and $217 in 2008) on securities classified as other investments	325	366	400
Net unrealized (losses) gains on securities	275	(2,090)	2,908
Derivative instruments designated as cash flow hedges:
Changes in fair value of derivatives (net of taxes of $449 in 2010, $2,278 in 2009 and $3,001 in 2008)	(1,339)	16,215	(19,727)
Realized loss (gain) reclassification (net of taxes of $458 in 2010, $1,609 in 2009 and $1,042 in 2008)	1,863	9,657	(6,848)
Net change in derivative instruments designated as cash flow hedges	524	25,872	(26,575)
Accumulated other comprehensive (loss) income - pension plans:
Transition obligation (net of taxes of $34 in 2010, $1 in 2009 and $4 in 2008)	(80)	(34)	(43)
Net actuarial loss (net of taxes of $4,594 in 2010, $287 in 2009 and $1,971 in 2008)	(30,151)	(663)	(15,197)
Net prior service income (net of taxes of $0 in 2010, $1 in 2009 and $4 in 2008)		5	8
Net change in accumulated other comprehensive loss - pension plans (net of taxes of $4,560 in 2010, $286 in 2009 and $1,963 in 2008)	(30,231)	(692)	(15,232)
Other comprehensive (loss) income	(23,347)	37,930	(81,269)
Comprehensive income from continuing operations	687,878	285,338	443,908
Total income from discontinued operations, net of tax	859	364	261,107
Comprehensive income	$ 688,737	$ 285,702	$ 705,015

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008
Net unrealized (losses) gains on securities:
Tax effect on unrealized holding (losses) gains on securities classified as short-term investments	$ 6	$ 347	$ 372
Tax effect on unrealized holding gains (losses) on securities classified as other investments	175	197	217
Derivative instruments designated as cash flow hedges:
Tax effect on changes in fair value of derivatives	449	2,278	3,001
Tax effect on realized loss (gain) reclassification	458	1,609	1,042
Accumulated other comprehensive (loss) income - pension plans:
Tax effect on transition obligation	34	1	4
Tax effect on actuarial loss	4,594	287	1,971
Tax effect on prior service income		1	4
Tax effect on change in accumulated other comprehensive loss - pension plans	$ 4,560	$ 286	$ 1,963

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008
Cash flows from operating activities:
Net income	$ 712,084	$ 247,772	$ 786,284
Adjustments to reconcile net income to net cash provided by operations:
Depreciation	116,083	132,493	144,222
Amortization of intangibles	4,828	7,377	9,250
Stock-based compensation expense	51,752	48,613	50,247
Gain on sale of business	(859)		(248,328)
Non-cash portion of special charges	487	15,468
Other non-cash activity	1,662	1,663	310
Excess tax benefit - stock options	(317)	(20)	(18,586)
Deferred income taxes	(9,866)	11,595	(11,369)
Change in operating assets and liabilities:
(Increase) decrease in accounts receivable	(82,380)	16,561	48,903
(Increase) decrease in inventories	(24,274)	67,347	16,784
(Increase) decrease in prepaid expenses and other current assets	(4,002)	731	6,557
(Increase) decrease in deferred compensation plan investments	(747)	24,097	4,401
Increase (decrease) in accounts payable, deferred income and accrued liabilities	190,043	(100,064)	(60,736)
Increase (decrease) in deferred compensation plan liability	750	(24,801)	(3,811)
Income tax payments related to gain on sale of businesses		(4,105)	(110,401)
Increase (decrease) in income taxes payable	61,984	(24,909)	41,443
(Decrease) increase in other liabilities	(26,053)	12,330	14,198
Total adjustments	279,091	184,376	(116,916)
Net cash provided by operating activities	991,175	432,148	669,368
Cash flows from investing:
Purchases of short-term available-for-sale investments	(3,478,025)	(2,812,094)	(1,925,654)
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	2,801,727	2,274,254	1,768,948
Sales of short-term available-for-sale investments	234,718	74,880	99,734
Additions to property, plant and equipment, net	(111,557)	(56,095)	(157,408)
Net proceeds (expenditures) related to sale of businesses	63,036	(1,653)	403,181
Payments for acquisitions		(8,360)	(3,146)
Decrease (increase) in other assets	4,276	(5,661)	2,708
Net cash (used for) provided by investing activities	(485,825)	(534,729)	188,363
Cash flows from financing activities:
Proceeds from issuance of long-term debt		370,350
Dividend payments to shareholders	(249,964)	(232,988)	(222,530)
Repurchase of common stock	(39,848)	(3,762)	(569,853)
Net proceeds from employee stock plans	216,147	12,377	94,155
Other financing activities	710		(366)
Excess tax benefit - stock options	317	20	18,586
Net cash (used for) provided by financing activities	(72,638)	145,997	(680,008)
Effect of exchange rate changes on cash	(2,441)	2,714	(9,096)
Net increase in cash and cash equivalents	430,271	46,130	168,627
Cash and cash equivalents at beginning of year	639,729	593,599	424,972
Cash and cash equivalents at end of year	$ 1,070,000	$ 639,729	$ 593,599

Description of Business

12 Months Ended

Oct. 30, 2010

Description of Business [Abstract]

Description of Business


1.	Description of Business

Analog Devices, Inc. (“Analog Devices” or the “Company”) is a world leader in the design, manufacture and technical support of high-performance analog, mixed-signal and digital signal processing integrated circuits used in industrial, automotive, consumer, communication and computer applications. Since the Company’s inception in 1965, it has focused on solving the engineering challenges associated with signal processing in electronic equipment. The Company’s signal processing products convert real-world phenomena such as temperature, pressure, sound, light, speed and motion into electrical signals to be used in a wide array of electronic equipment. Signal processing technology is a critical element of industrial, automotive, consumer, and communications applications. As new generations of digital applications evolve, they generate new needs for high-performance analog signal processing and digital signal processing technology. The Company produces a wide range of products that are designed to meet the signal processing technology needs of a broad base of customers.

The Company’s products are embedded inside many types of electronic equipment including:


• Industrial process controls		• Medical imaging equipment
• Factory automation systems		• Portable electronic devices
• Instrumentation		• Cellular basestations
• Energy management systems		• Wireless communications equipment
• Defense electronics		• Digital cameras
• Automobiles		• Digital televisions

Summary of Significant Accounting Policies

12 Months Ended

Oct. 30, 2010

Summary of Significant Accounting Policies [Abstract]

Summary of Significant Accounting Policies


2.	Summary of Significant Accounting Policies


a.	*Principles of Consolidation*

The consolidated financial statements include the accounts of the Company and all of its subsidiaries. Upon consolidation, all intercompany accounts and transactions are eliminated. Certain amounts reported in previous years have been reclassified to conform to the fiscal 2010 presentation. Such reclassified amounts were immaterial. The Company’s fiscal year is the 52-week or 53-week period ending on the Saturday closest to the last day in October. Fiscal years 2010, 2009 and 2008 were 52-week periods.

The Company sold its baseband chipset business and related support operations (Baseband Chipset Business) to MediaTek Inc. and its CPU voltage regulation and PC thermal monitoring business to certain subsidiaries of ON Semiconductor Corporation during the first quarter of fiscal 2008. The Company has reflected the financial results of these businesses as discontinued operations in the consolidated statements of income for all periods presented. The assets of these businesses are reflected as non-current assets of discontinued operations in the consolidated balance sheet as of October 31, 2009. The historical results of operations of these businesses have been segregated from the Company’s consolidated financial statements and are included in income from discontinued operations, net of tax, in the consolidated statements of income.


b.	*Cash, Cash Equivalents and Short-term Investments*

Cash and cash equivalents are highly liquid investments with insignificant interest rate risk and maturities of three months or less at the time of acquisition. Cash, cash equivalents and short-term investments consist primarily of corporate obligations such as commercial paper and corporate bonds and institutional money market funds. They also include bank time deposits.

The Company classifies its investments in readily marketable debt and equity securities as “held-to-maturity,” “available-for-sale” or “trading” at the time of purchase. There were no transfers between investment classifications in any of the fiscal years presented. Held-to-maturity securities, which are carried at amortized cost, include only those securities the Company has the positive intent and ability to hold to maturity. Securities, such as bank time deposits, which by their nature are typically held to maturity, are classified as such. The Company’s other readily marketable cash equivalents and short-term investments are classified as available-for-sale. Available-for-sale securities are carried at fair value with unrealized gains and losses, net of related tax, reported in accumulated other comprehensive (loss) income.

The Company’s deferred compensation plan investments are classified as trading. See Note 7 for additional information on the Company’s deferred compensation plan investments. There were no cash equivalents or short-term investments classified as trading at October 30, 2010 and October 31, 2009.

The Company periodically evaluates its investments for impairment. There were no other-than-temporary impairments of short-term investments in any of the fiscal years presented.

No realized gains or losses were recorded during any of the fiscal years presented.

Unrealized gains and losses on available-for-sale securities classified as short-term investments at October 30, 2010 and October 31, 2009 are as follows:


	2010			2009

Unrealized gains on securities classified as short-term investments	$	165		$	128
Unrealized losses on securities classified as short-term investments		(217	)		(124	)

Net unrealized (losses) gains on securities classified as short-term investments	$	(52	)	$	4

Unrealized gains and losses in 2010 and 2009 relate to corporate obligations.

The components of the Company’s cash and cash equivalents and short-term investments as of October 30, 2010 and October 31, 2009 were as follows:


	2010		2009

Cash and cash equivalents:
Cash	$	37,460	$	30,744
Available-for-sale		1,020,993		604,276
Held-to-maturity		11,547		4,709

Total cash and cash equivalents	$	1,070,000	$	639,729

Short-term investments:
Available-for-sale	$	1,587,768	$	1,176,244
Held-to-maturity (less than one year to maturity)		30,000		—

Total short-term investments	$	1,617,768	$	1,176,244

See Note 2j. for additional information on the Company’s cash equivalents and short-term investments.


c.	*Supplemental Cash Flow Statement Information*


	2010		2009		2008

Cash paid during the fiscal year for:
Income taxes	$	137,149	$	60,609	$	201,974
Interest	$	9,603	$	2,502	$	—


d.	*Inventories*

Inventories are valued at the lower of cost (first-in, first-out method) or market. The valuation of inventory requires the Company to estimate obsolete or excess inventory as well as inventory that is not of saleable quality. The Company employs a variety of methodologies to determine the net realizable value of its inventory. While a portion of the calculation to record inventory at its net realizable value is based on the age of the inventory and lower of cost or market calculations, a key factor in estimating obsolete or excess inventory requires the Company to estimate the future demand for its products. If actual demand is less than the Company’s estimates, impairment charges, which are recorded to cost of sales, may need to be recorded in future periods. Inventory in excess of saleable amounts is not valued, and the remaining inventory is valued at the lower of cost or market.

Inventories at October 30, 2010 and October 31, 2009 are as follows:


	2010		2009

Raw materials	$	22,008	$	13,373
Work in process		171,390		173,696
Finished goods		84,080		66,092

Total inventories	$	277,478	$	253,161


e.	*Property, Plant and Equipment*

Property, plant and equipment is recorded at cost less allowances for depreciation. The straight-line method of depreciation is used for all classes of assets for financial statement purposes; both straight-line and accelerated methods are used for income tax purposes. Leasehold improvements are amortized based upon the lesser of the term of the lease or the useful life of the asset. Repairs and maintenance charges are expensed as incurred. Depreciation and amortization are based on the following useful lives:


Buildings & building equipment		Up to 25 years
Machinery & equipment		3-8 years
Office equipment		3-8 years

Depreciation expense from continuing operations of property, plant and equipment was $116.1 million, $132.5 million and $144.2 million in fiscal 2010, 2009 and 2008, respectively.

The Company reviews property, plant, and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable. Recoverability of these assets is measured by comparison of their carrying amount to the future undiscounted cash flows the assets are expected to generate over their remaining economic lives. If such assets are considered to be impaired, the impairment to be recognized in earnings equals the amount by which the carrying value of the assets exceeds their fair value determined by either a quoted market price, if any, or a value determined by utilizing a discounted cash flow technique. If such assets are not impaired, but their useful lives have decreased, the remaining net book value is amortized over the revised useful life.


f.	*Goodwill and Intangible Assets*

Goodwill

The Company annually evaluates goodwill for impairment as well as whenever events or changes in circumstances suggest that the carrying value of goodwill may not be recoverable. The Company tests goodwill for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis in the fourth quarter or more frequently if indicators of impairment exist. The performance of the test involves a two-step process. The first step of the impairment test involves comparing the fair values of the applicable reporting units with their aggregate carrying values, including goodwill. The Company determines the fair value of its reporting units using the income approach methodology of valuation that includes the discounted cash flow method as well as other generally accepted valuation methodologies. If the carrying amount of a reporting unit exceeds the reporting unit’s fair value, the Company performs the second step of the goodwill impairment test to determine the amount of impairment loss. The second step of the goodwill impairment test involves comparing the implied fair value of the affected reporting unit’s goodwill with the carrying value of that goodwill. No impairment of goodwill resulted from the Company’s most recent evaluation, which occurred in the fourth quarter of fiscal 2010. No impairment of goodwill resulted in any of the fiscal years presented. The Company’s next annual impairment assessment will be made in the fourth quarter of fiscal 2011 unless indicators arise that would require the Company to reevaluate at an earlier date. The following table presents the changes in goodwill during fiscal 2010 and 2009:


	2010		2009

Balance at beginning of year	$	250,881	$	235,175
Acquisition of AudioAsics(1)		—		3,071
Acquisition of Integrant Technologies(2)		—		2,098
Foreign currency translation adjustment		4,699		10,537

Balance at end of year	$	255,580	$	250,881


(1)		The Company made its final milestone payment related to this 2006 acquisition during fiscal 2009.

(2)		The Company purchased the remaining outstanding minority shares related to this 2006 acquisition during fiscal 2009.

Intangible Assets

The Company reviews identified intangible assets for impairment whenever events or changes in circumstances indicate that the carrying value of assets may not be recoverable. Recoverability of these assets is measured by comparison of their carrying value to future undiscounted cash flows the assets are expected to generate over their remaining economic lives. If such assets are considered to be impaired, the impairment to be recognized in earnings equals the amount by which the carrying value of the assets exceeds their fair value determined by either a quoted market price, if any, or a value determined by utilizing a discounted cash flow technique.

Intangible assets, which will continue to be amortized, consisted of the following:


	October 30, 2010				October 31, 2009
	Gross				Gross
	Carrying		Accumulated		Carrying		Accumulated
	Amount		Amortization		Amount		Amortization

Technology-based	$	7,166	$	6,323	$	23,326	$	17,615
Customer relationships		2,858		2,358		5,103		3,959

Total	$	10,024	$	8,681	$	28,429	$	21,574

Intangible assets are amortized on a straight-line basis over their estimated useful lives or on an accelerated method of amortization that is expected to reflect the estimated pattern of economic use. The remaining amortization expense will be recognized over a weighted-average period of approximately 0.6 years.

Amortization expense from continuing operations related to intangibles was $4.8 million, $7.4 million and $9.3 million in fiscal 2010, 2009 and 2008, respectively.

The Company expects annual amortization expense for these intangible assets to be:


Fiscal Year	Amortization Expense

2011	$	1,343


g.	*Grant Accounting*

Certain of the Company’s foreign subsidiaries have received various grants from governmental agencies. These grants include capital, employment and research and development grants. Capital grants for the acquisition of property and equipment are netted against the related capital expenditures and amortized as a credit to depreciation expense over the useful life of the related asset. Employment grants, which relate to employee hiring and training, and research and development grants are recognized in earnings in the period in which the related expenditures are incurred by the Company.


h.	*Translation of Foreign Currencies*

The functional currency for the Company’s foreign sales and research and development operations is the applicable local currency. Gains and losses resulting from translation of these foreign currencies into U.S. dollars are recorded in accumulated other comprehensive (loss) income. Transaction gains and losses and remeasurement of foreign currency denominated assets and liabilities are included in income currently, including those at the Company’s principal foreign manufacturing operations where the functional currency is the U.S. dollar. Foreign currency transaction gains or losses included in other expenses, net, were not material in fiscal 2010, 2009 or 2008.


i.	*Derivative Instruments and Hedging Agreements*

Foreign Exchange Exposure Management — The Company enters into forward foreign currency exchange contracts to offset certain operational and balance sheet exposures from the impact of changes in foreign currency exchange rates. Such exposures result from the portion of the Company’s operations, assets and liabilities that are denominated in currencies other than the U.S. dollar, primarily the Euro; other exposures include the Philippine Peso and the British Pound. These foreign currency exchange contracts are entered into to support transactions made in the normal course of business, and accordingly, are not speculative in nature. The contracts are for periods consistent with the terms of the underlying transactions, generally one year or less. Hedges related to anticipated transactions are designated and documented at the inception of the respective hedges as cash flow hedges and are evaluated for effectiveness monthly. Derivative instruments are employed to eliminate or minimize certain foreign currency exposures that can be confidently identified and quantified. As the terms of the contract and the underlying transaction are matched at inception, forward contract effectiveness is calculated by comparing the change in fair value of the contract to the change in the forward value of the anticipated transaction, with the effective portion of the gain or loss on the derivative instrument reported as a component of accumulated other comprehensive (loss) income (OCI) in shareholders’ equity and reclassified into earnings in the same period during which the hedged transaction affects earnings. Any residual change in fair value of the instruments, or ineffectiveness, is recognized immediately in other (income) expense. Additionally, the Company enters into forward foreign currency contracts that economically hedge the gains and losses generated by the remeasurement of certain recorded assets and liabilities in a non-functional currency. Changes in the fair value of these undesignated hedges are recognized in other (income) expense immediately as an offset to the changes in the fair value of the asset or liability being hedged. As of October 30, 2010 and October 31, 2009, the total notional amount of these undesignated hedges was $42.1 million and $38 million, respectively. The fair value of these hedging instruments in the Company’s condensed consolidated balance sheets as of October 30, 2010 and October 31, 2009 was immaterial.

Interest Rate Exposure Management — On June 30, 2009, the Company entered into interest rate swap transactions related to its outstanding 5% senior unsecured notes where the Company swapped the notional amount of its $375 million of fixed rate debt at 5.0% into floating interest rate debt through July 1, 2014. Under the terms of the swaps, the Company will (i) receive on the $375 million notional amount a 5.0% annual interest payment that is paid in two installments on the 1st of every January and July, commencing January 1, 2010 through and ending on the maturity date; and (ii) pay on the $375 million notional amount an annual three-month LIBOR plus 2.05% (2.34% as of October 30, 2010) interest payment, payable in four installments on the 1st of every January, April, July and October, commencing on October 1, 2009 and ending on the maturity date. The LIBOR-based rate is set quarterly three months prior to the date of the interest payment. The Company designated these swaps as fair value hedges. The fair value of the swaps at inception was zero and subsequent changes in the fair value of the interest rate swaps were reflected in the carrying value of the interest rate swaps on the balance sheet. The carrying value of the debt on the balance sheet was adjusted by an equal and offsetting amount. The gain or loss on the hedged item (that is fixed-rate borrowings) attributable to the hedged benchmark interest rate risk and the offsetting gain or loss on the related interest rate swaps for fiscal year 2010 and fiscal year 2009 are as follows:


Income Statement	October 30, 2010							October 31, 2009
Classification	Gain on Swaps		Loss on Note			Net Income Effect		Gain on Swaps		Loss on Note			Net Income Effect

Other income	$	20,692	$	(20,692	)	$	—	$	6,109	$	(6,109	)	$	—

The amounts earned and owed under the swap agreements are accrued each period and are reported in interest expense. There was no ineffectiveness recognized in any of the periods presented.

The market risk associated with the Company’s derivative instruments results from currency exchange rate or interest rate movements that are expected to offset the market risk of the underlying transactions, assets and liabilities being hedged. The counterparties to the agreements relating to the Company’s derivative instruments consist of a number of major international financial institutions with high credit ratings. The Company does not believe that there is significant risk of nonperformance by these counterparties because the Company continually monitors the credit ratings of such counterparties. Furthermore, none of the Company’s derivative transactions are subject to collateral or other security arrangements and none contain provisions that are dependent on the Company’s credit ratings from any credit rating agency. While the contract or notional amounts of derivative financial instruments provide one measure of the volume of these transactions, they do not represent the amount of the Company’s exposure to credit risk. The amounts potentially subject to credit risk (arising from the possible inability of counterparties to meet the terms of their contracts) are generally limited to the amounts, if any, by which the counterparties’ obligations under the contracts exceed the obligations of the Company to the counterparties. As a result of the above considerations, the Company does not consider the risk of counterparty default to be significant.

The Company records the fair value of its derivative financial instruments in the consolidated financial statements in other current assets, other assets or accrued liabilities, depending on their net position, regardless of the purpose or intent for holding the derivative contract. Changes in the fair value of the derivative financial instruments are either recognized periodically in earnings or in shareholders’ equity as a component of OCI. Changes in the fair value of cash flow hedges are recorded in OCI and reclassified into earnings when the underlying contract matures. Changes in the fair values of derivatives not qualifying for hedge accounting are reported in earnings as they occur.

The total notional amount of derivative instruments designated as hedging instruments as of October 30, 2010 and October 31, 2009 was as follows: $375 million of interest rate swap agreements accounted for as fair value hedges, and $140 million and $128 million, respectively, of cash flow hedges denominated in Euros, British Pounds and Philippine Pesos. The fair value of these hedging instruments in the Company’s condensed consolidated balance sheets as of October 30, 2010 and October 31, 2009 was as follows:


		Fair Value at		Fair Value at
	Balance Sheet Location	October 30, 2010		October 31, 2009

Interest rate swap agreements	Other assets	$	26,801	$	6,109
Forward foreign currency exchange contracts	Prepaid expenses and other current assets	$	7,542	$	8,400

The effect of derivative instruments designated as cash flow hedges on the condensed consolidated statements of income for fiscal 2010 and fiscal 2009 are as follows:


	October 30, 2010			October 31, 2009

(Loss) gain recognized in OCI on derivative (net of tax of $449 in 2010 and $2,278 in 2009)	$	(1,339	)	$	16,215
Loss reclassified from OCI into income (net of tax of $458 in 2010 and $1,609 in 2009)	$	1,863		$	9,657

The amounts reclassified into earnings before tax are recognized in cost of sales and operating expenses as follows:


	October 30, 2010			October 31, 2009

Cost of sales	$	(112	)	$	4,920
Research and development	$	1,259		$	3,564
Selling, marketing, general and administrative	$	1,174		$	2,782

All derivative gains and losses included in OCI will be reclassified into earnings within the next 12 months. There was no ineffectiveness during fiscal year ended October 30, 2010 or October 31, 2009.

Accumulated Derivative Gains or Losses

The following table summarizes activity in accumulated other comprehensive (loss) income related to derivatives classified as cash flow hedges held by the Company during the period from November 2, 2008 through October 30, 2010:


	2010			2009

Balance at beginning of year	$	5,609		$	(20,263	)
Changes in fair value of derivatives — (loss) gain, net of tax		(1,339	)		16,215
Reclassifications into earnings from other comprehensive loss, net of tax		1,863			9,657

Balance at end of year	$	6,133		$	5,609

All of the accumulated gain will be reclassified into earnings over the next twelve months.


j.	*Fair Value*

The Company defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company applies the following fair value hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Level 1 — Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date.

Level 2 — Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. If the asset or liability has a specified (contractual) term, a Level 2 input must be observable for substantially the full term of the asset or liability.

Level 3 — Level 3 inputs are unobservable inputs for the asset or liability in which there is little, if any, market activity for the asset or liability at the measurement date. As of October 30, 2010 and October 31, 2009 the Company held no assets or liabilities valued using Level 3 inputs.

The table below sets forth by level the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of October 30, 2010 and October 31, 2009. The table excludes cash on hand and assets and liabilities that are measured at historical cost or any basis other than fair value.


	October 30, 2010						October 31, 2009
	Fair Value measurement at						Fair Value measurement at
	Reporting Date using:						Reporting Date using:
	Quoted						Quoted
	Prices in						Prices in
	Active						Active
	Markets		Significant				Markets		Significant
	for		Other				for		Other
	Identical		Observable				Identical		Observable
	Assets		Inputs				Assets		Inputs
	(Level 1)		(Level 2)		Total		(Level 1)		(Level 2)		Total

Assets
Cash equivalents:
Available-for-sale:
Institutional money market funds	$	921,034	$	—	$	921,034	$	553,295	$	—	$	553,295
Corporate obligations		—		99,959		99,959		—		50,981		50,981
Short — term investments:
Available-for-sale:
Securities with one year or less to maturity:
Corporate obligations(1)		—		1,520,220		1,520,220		—		1,136,244		1,136,244
Floating rate notes, issued at par		—		50,000		50,000		—		40,000		40,000
Securities with greater than one year to maturity:
Floating rate notes(1)		—		17,548		17,548		—		—		—
Other assets:
Forward foreign currency exchange contracts(2)		—		7,256		7,256		—		8,367		8,367
Deferred compensation investments		8,690		—		8,690		7,943		—		7,943
Other investments		1,317		—		1,317		1,485		—		1,485
Interest rate swap agreements		—		26,801		26,801		—		6,109		6,109

Total assets measured at fair value	$	931,041	$	1,721,784	$	2,652,825	$	562,723	$	1,241,701	$	1,804,424

Liabilities
Long-term debt(3)	$	—	$	400,635	$	400,635	$	—	$	379,626	$	379,626

Total liabilities measured at fair value	$	—	$	400,635	$	400,635	$	—	$	379,626	$	379,626


(1)		The amortized cost of the Company’s investments classified as available-for-sale as of October 30, 2010 and October 31, 2009 was $1,639.1 million and $1,187.9 million, respectively.

(2)		The Company has a master netting arrangement by counterparty with respect to derivative contracts. In fiscal 2010, contracts in a liability position of $0.8 million were netted against contracts in an asset position in the condensed consolidated balance sheets. In fiscal 2009, contracts in a liability position of $0.1 million were netted against contracts in an asset position in the condensed consolidated balance sheets.

(3)		Equal to the accreted notional value of the debt plus the mark-to-market of the interest rate component of the long-term debt to fair value. The fair value of the long-term debt as of October 30, 2010 and October 31, 2009 was $416.3 million and $389.5 million, respectively.

The following methods and assumptions were used by the Company in estimating its fair value disclosures for financial instruments:

Cash equivalents and short-term investments — These investments are adjusted to fair value based on quoted market prices or are determined using a yield curve model based on current market rates.

Deferred compensation plan investments and other investments — The fair value of these mutual fund, money market fund and equity investments are based on quoted market prices.

Long-term debt — The fair value of long-term debt is based on quotes received from third party banks.

Interest rate swap agreements — The fair value of interest rate swap agreements is based on quotes received from third party banks. These values represent the estimated amount the Company would receive or pay to terminate the agreements taking into consideration current interest rates as well as the creditworthiness of the counterparty.

Forward foreign currency exchange contracts — The estimated fair value of forward foreign currency exchange contracts, which includes derivatives that are accounted for as cash flow hedges and those that are not designated as cash flow hedges, is based on the estimated amount the Company would receive if it sold these agreements at the reporting date taking into consideration current interest rates as well as the creditworthiness of the counterparty for assets and the Company’s creditworthiness for liabilities.


k.	*Use of Estimates*

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingencies at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Such estimates relate to the useful lives of fixed assets and identified intangible assets, allowances for doubtful accounts and customer returns, the net realizable value of inventory, potential reserves relating to litigation matters, accrued liabilities, accrued taxes, deferred tax valuation allowances, assumptions pertaining to share-based payments and other reserves. Actual results could differ from those estimates and such differences may be material to the financial statements.


l.	*Concentrations of Risk*

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of investments and trade accounts receivable.

The Company maintains cash, cash equivalents and short-term investments and long-term investments with high credit quality financial institutions and monitors the amount of credit exposure to any one issuer.

The Company sells its products to distributors and original equipment manufacturers involved in a variety of industries including industrial process automation, instrumentation, defense/aerospace, automotive, communications, computers and computer peripherals and consumer electronics. The Company has adopted credit policies and standards to accommodate growth in these markets. The Company performs continuing credit evaluations of its customers’ financial condition and although the Company generally does not require collateral, the Company may require letters of credit from customers in certain circumstances. The Company provides reserves for estimated amounts of accounts receivable that may not be collected.


m.	*Concentration of Other Risks*

The semiconductor industry is characterized by rapid technological change, competitive pricing pressures and cyclical market patterns. The Company’s financial results are affected by a wide variety of factors, including general economic conditions worldwide, economic conditions specific to the semiconductor industry, the timely implementation of new manufacturing technologies, the ability to safeguard patents and intellectual property in a rapidly evolving market and reliance on assembly and test subcontractors, third-party wafer fabricators and independent distributors. In addition, the semiconductor market has historically been cyclical and subject to significant economic downturns at various times. The Company is exposed to the risk of obsolescence of its inventory depending on the mix of future business. Additionally, a large portion of the Company’s purchases of external wafer and foundry services are from a limited number of suppliers, primarily Taiwan Semiconductor Manufacturing Company (TSMC). If TSMC or any of the Company’s other key suppliers are unable or unwilling to manufacture and deliver sufficient quantities of components, on the time schedule and of the quality that the Company requires, the Company may be forced to engage additional or replacement suppliers, which could result in significant expenses and disruptions or delays in manufacturing, product development and shipment of product to the Company’s customers. Although the Company has experienced shortages of components, materials and external foundry services from time to time, these items have generally been available to the Company as needed.


n.	*Revenue Recognition*

Revenue from product sales to customers is generally recognized when title passes, which for shipments to certain foreign countries is subsequent to product shipment. Title for these shipments ordinarily passes within a week of shipment. A reserve for sales returns and allowances for customers is recorded based on historical experience or specific identification of an event necessitating a reserve.

In all regions of the world, the Company defers revenue and the related cost of sales on shipments to distributors until the distributors resell the products to their customers. Therefore, the Company’s revenue fully reflects end customer purchases and is not impacted by distributor inventory levels. Sales to distributors are made under agreements that allow distributors to receive price adjustment credits, as discussed below, and to return qualifying products for credit, as determined by the Company, in order to reduce the amounts of slow-moving, discontinued or obsolete product from their inventory. These agreements limit such returns to a certain percentage of the value of the Company’s shipments to that distributor during the prior quarter. In addition, distributors are allowed to return unsold products if the Company terminates the relationship with the distributor.

Distributors are granted price-adjustment credits related to many of their sales to their customers. Price adjustment credits are granted when the distributor’s standard cost (i.e., the Company’s sales price to the distributor) does not provide the distributor with an appropriate margin on its sales to its customers. As distributors negotiate selling prices with their customers, the final sales price agreed to with the customer will be influenced by many factors, including the particular product being sold, the quantity ordered, the particular customer, the geographic location of the distributor and the competitive landscape. As a result, the distributor may request and receive a price adjustment credit from the Company to allow the distributor to earn an appropriate margin on the transaction.

Distributors are also granted price adjustment credits in the event of a price decrease subsequent to the date the product was shipped and billed to the distributor. Generally, the Company will provide a credit equal to the difference between the price paid by the distributor (less any prior credits on such products) and the new price for the product multiplied by the quantity of such product in the distributor’s inventory at the time of the price decrease.

Given the uncertainties associated with the levels of price adjustment credits to be granted to distributors, the sales price to the distributor is not fixed or determinable until the distributor resells the products to their customers. Therefore, the Company defers revenue recognition from sales to distributors until the distributors have sold the products to their customers.

Title to the inventory transfers to the distributor at the time of shipment or delivery to the distributor, and payment from the distributor is due in accordance with the Company’s standard payment terms. These payment terms are not contingent upon the distributors’ sale of the products to their customers. Upon title transfer to distributors, inventory is reduced for the cost of goods shipped, the margin (sales less cost of sales) is recorded as “deferred income on shipments to distributors, net” and an account receivable is recorded.

The deferred costs of sales to distributors have historically had very little risk of impairment due to the margins the Company earns on sales of its products and the relatively long life-cycle of the Company’s products. Product returns from distributors that are ultimately scrapped have historically been immaterial. In addition, price protection and price adjustment credits granted to distributors historically have not exceeded the margins the Company earns on sales of its products. The Company continuously monitors the level and nature of product returns and is in continuous contact with the distributors to ensure reserves are established for all known material issues.

As of October 30, 2010 and October 31, 2009, the Company had gross deferred revenue of $327.2 million and $230.8 million, respectively, and gross deferred cost of sales of $84.4 million and $81.5 million, respectively. Deferred income on shipments to distributors increased by $93.5 million in fiscal 2010 primarily, as a result of the Company’s shipments to its distributors in fiscal 2010 exceeding the distributors’ sales to their customers during this same time period.

Shipping costs are charged to cost of sales as incurred.

The Company generally offers a 12-month warranty for its products. The Company’s warranty policy provides for replacement of the defective product. Specific accruals are recorded for known product warranty issues. Product warranty expenses during fiscal 2010, 2009 and 2008 were not material.


o.	*Accumulated Other Comprehensive (Loss) Income*

Other comprehensive (loss) income includes certain transactions that have generally been reported in the consolidated statement of shareholders’ equity. The components of accumulated other comprehensive loss at October 30, 2010 and October 31, 2009 consisted of the following:


	2010			2009

Accumulated other comprehensive loss — pension plans:
Transition obligation	$	(129	)	$	(49	)
Net actuarial loss		(38,839	)		(8,688	)
Unrealized gains on available-for-sale securities		822			932
Unrealized losses on available-for-sale securities		(191	)		(576	)
Foreign currency translation		(1,391	)		(7,476	)
Unrealized gains on derivative instruments		6,133			5,609

Total accumulated other comprehensive loss	$	(33,595	)	$	(10,248	)

The aggregate fair value of investments with unrealized losses as of October 30, 2010 and October 31, 2009 was $731.0 million and $535.3 million, respectively. These unrealized losses are primarily related to commercial paper that earns lower interest rates than current market rates. None of these investments have been in a loss position for more than twelve months.


p.	*Advertising Expense*

Advertising costs are expensed as incurred. Advertising expense was $3.7 million in fiscal 2010, $5.2 million in fiscal 2009 and $10.0 million in fiscal 2008.


q.	*Income Taxes*

Deferred tax assets and liabilities are determined based on the differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted income tax rates and laws that are expected to be in effect when the temporary differences are expected to reverse. Additionally, deferred tax assets and liabilities are separated into current and non-current amounts based on the classification of the related assets and liabilities for financial reporting purposes.


r.	*Earnings Per Share of Common Stock*

Basic earnings per share is computed based only on the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed using the weighted average number of common shares outstanding during the period, plus the dilutive effect of potential future issuances of common stock relating to stock option programs and other potentially dilutive securities using the treasury stock method. In calculating diluted earnings per share, the dilutive effect of stock options is computed using the average market price for the respective period. In addition, the assumed proceeds under the treasury stock method include the average unrecognized compensation expense of stock options that are in-the-money. This results in the “assumed” buyback of additional shares, thereby reducing the dilutive impact of stock options. Potential shares related to certain of the Company’s outstanding stock options were excluded because they were anti-dilutive. Those potential shares, determined based on the weighted average exercise prices during the respective years, related to the Company’s outstanding stock options could be dilutive in the future.

The following table sets forth the computation of basic and diluted earnings per share:


	2010		2009		2008

Income from continuing operations, net of tax	$	711,225	$	247,408	$	525,177

Total income from discontinued operations, net of tax		859		364		261,107

Net income	$	712,084	$	247,772	$	786,284

Basic shares:
Weighted average shares outstanding		297,387		291,385		292,688

Earnings per share-basic:
Income from continuing operations, net of tax	$	2.39	$	0.85	$	1.79

Total income from discontinued operations, net of tax		0.00		0.00		0.89

Net income(1)	$	2.39	$	0.85	$	2.69

Diluted shares:
Weighted average shares outstanding		297,387		291,385		292,688
Assumed exercise of common stock equivalents		8,474		1,313		4,422

Weighted average common and common equivalent shares		305,861		292,698		297,110

Earnings per share-diluted:
Income from continuing operations, net of tax	$	2.33	$	0.85	$	1.77

Total income from discontinued operations, net of tax		0.00		0.00		0.88

Net income	$	2.33	$	0.85	$	2.65

Weighted average anti-dilutive shares related to:
Outstanding stock options		18,206		55,827		57,364


(1)		The sum of the individual per share amounts may not equal due to rounding.


s.	*Stock-Based Compensation*

Stock-based compensation is measured at the grant date based on the grant-date fair value of the awards ultimately expected to vest, and is recognized as an expense on a straight-line basis over the vesting period, which is generally five years. Determining the amount of stock-based compensation to be recorded requires the Company to develop estimates used in calculating the grant-date fair value of stock options. The Company calculates the grant-date fair value using the Black-Scholes valuation model. The use of valuation models requires the Company to make estimates and assumptions such as expected volatility, expected term, risk-free interest rate, expected dividend yield and forfeiture rates.

See Note 3 for additional information relating to stock-based compensation.


t.	*New Accounting Pronouncements*

Revenue Arrangements That Include Software Elements

In October 2009, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2009-14 — Software (Topic 985): Certain Revenue Arrangements That Include Software Elements (formerly EITF Issue No. 09-3). This standard removes tangible products from the scope of software revenue recognition guidance and also provides guidance on determining whether software deliverables in an arrangement that includes a tangible product are within the scope of the software revenue guidance. More specifically, if the software sold with or embedded within the tangible product is essential to the functionality of the tangible product, then this software, as well as undelivered software elements that relate to this software, are excluded from the scope of existing software revenue guidance. ASU No. 2009-14 is effective for fiscal years that begin on or after June 15, 2010, which is the Company’s fiscal year 2011. The Company is currently evaluating the impact, if any, that ASU No. 2009-14 may have on the Company’s financial condition and results of operations.

Multiple-Deliverable Revenue Arrangements

In October 2009, the FASB issued ASU No. 2009-13 — Revenue Recognition (Topic 605): Multiple-Deliverable Revenue Arrangements (formerly EITF Issue No. 08-1). This standard modifies the revenue recognition guidance for arrangements that involve the delivery of multiple elements, such as product, software, services or support, to a customer at different times as part of a single revenue generating transaction. This standard provides principles and application guidance to determine whether multiple deliverables exist, how the individual deliverables should be separated and how to allocate the revenue in the arrangement among those separate deliverables. The standard also expands the disclosure requirements for multiple-deliverable revenue arrangements. ASU No. 2009-13 is effective for fiscal years that begin on or after June 15, 2010, which is the Company’s fiscal year 2011. The Company is currently evaluating the impact, if any, that ASU No. 2009-13 may have on the Company’s financial condition and results of operations.

Variable Interest Entities

In December 2009, the FASB issued ASU No. 2009-17 — Consolidations (Topic 810): Improvements to Financial Reporting by Enterprises Involved with Variable Interest Entities, which amends ASC 810, Consolidation. This standard requires an enterprise to perform an analysis to determine whether the enterprise’s variable interest or interests give it a controlling financial interest in a variable interest entity. Additionally, an enterprise is required to assess whether it has an implicit financial responsibility to ensure that a variable interest entity operates as designed when determining whether it has the power to direct the activities of the variable interest entity that most significantly impact the entity’s economic performance. ASU No. 2009-17 is effective for fiscal years that begin after November 15, 2009, which is the Company’s fiscal year 2011. The Company is currently evaluating the impact, if any, that ASU No. 2009-17 may have on the Company’s financial condition and results of operations.

Transfers of Financial Assets

In June 2009, the FASB issued ASU No. 2009-16, Accounting for Transfers of Financial Assets, (Topic 820). This standard changes the way entities account for securitizations and other transfers of financial instruments. ASU No. 2009-16 is effective for fiscal years that begin after November 15, 2009, which is the Company’s fiscal year 2011. The Company is currently evaluating the impact, if any, that ASU No. 2009-16 may have on the Company’s financial condition and results of operations.


u.	*Discontinued Operations*

In November 2007, the Company entered into a purchase and sale agreement with certain subsidiaries of ON Semiconductor Corporation to sell the Company’s CPU voltage regulation and PC thermal monitoring business which consisted of core voltage regulator products for the central processing unit in computing and gaming applications and temperature sensors and fan-speed controllers for managing the temperature of the central processing unit. During the first quarter of fiscal 2008, the Company completed the sale of this business for net cash proceeds of $138 million, which was net of other cash payments of approximately $1.4 million. The Company made final additional cash payments of approximately $2.2 million in the second quarter of fiscal 2008. In connection with the purchase and sale agreement, $7.5 million was placed into escrow and was excluded from the gain calculations. The Company recorded a pre-tax gain in the first quarter of fiscal 2008 of $78 million, or $43 million net of tax, which was recorded as a gain on sale of discontinued operations. During the third quarter of fiscal 2008, additional proceeds were released from escrow and an additional pre-tax gain of $6.6 million, or $3.8 million net of tax, was recorded as a gain on sale of discontinued operations. Additionally, at the time of the sale, the Company entered into a one-year manufacturing supply agreement with a subsidiary of ON Semiconductor Corporation for an additional $37 million. The Company has allocated the proceeds from this arrangement based on the fair value of the two elements of this transaction: (i) the sale of a business and (ii) the obligation to manufacture product for a one-year period. As a result, $85 million was recorded as a liability related to the manufacturing supply agreement, all of which has been utilized. The liability was included in current liabilities of discontinued operations on the Company’s consolidated balance sheet. The Company recorded the revenue associated with this manufacturing supply agreement in discontinued operations. In the first quarter of fiscal 2010, additional proceeds of $1 million were released from escrow, $0.6 million net of tax, and was recorded as additional gain from the sale of discontinued operations. The Company does not expect any additional proceeds from this sale.

In September 2007, the Company entered into a definitive agreement to sell its Baseband Chipset Business to MediaTek Inc. The decision to sell the Baseband Chipset Business was due to the Company’s decision to focus its resources in areas where its signal processing expertise can provide unique capabilities and earn superior returns. On January 11, 2008 the Company completed the sale of its Baseband Chipset Business for net cash proceeds of $269 million. The cash proceeds received were net of a refundable withholding tax of $62 million. In connection with the purchase and sale agreement, $10 million was placed into escrow and was excluded from the gain calculations. The Company made additional cash payments of $7.8 million during fiscal 2008, primarily related to transaction fees and retention payments to employees that transferred to MediaTek Inc. The Company made additional cash payments of $1.7 million during fiscal 2009 related to retention payments for employees who transferred to MediaTek Inc. and for the reimbursement of intellectual property license fees incurred by MediaTek Inc. In the first quarter of fiscal 2010, the Company received cash proceeds of $62 million as a result of the refund of the withholding tax and also recorded an additional gain on sale of $0.3 million, or $0.2 million net of tax, due to the settlement of certain items at less than the amounts accrued. The Company may receive additional proceeds of up to $10 million, currently held in escrow, upon the resolution of certain contingent items, which would be recorded as additional gain from the sale of discontinued operations.

The following amounts related to the CPU voltage regulation and PC thermal monitoring and baseband chipset businesses have been segregated from continuing operations and reported as discontinued operations. These amounts also include the revenue and costs of sales provided under a manufacturing supply agreement between the Company and a subsidiary of ON Semiconductor Corporation, which terminated during the first quarter of fiscal year 2009.


	2010		2009			2008

Total revenue	$	—	$	10,332		$	115,600
Cost of sales		—		10,847			95,070
Operating expenses		—		16			14,951
Gain on sale of discontinued operations		1,316		—			362,594

Income (loss) before income taxes		1,316		(531	)		368,173

Provision for (benefit from) income taxes		457		(895	)		107,066

Income from discontinued operations, net of tax	$	859	$	364		$	261,107


	October 30, 2010		October 31, 2009

Refundable foreign withholding tax	$	—	$	62,037

Total assets reclassified to non-current assets of discontinued operations	$	—	$	62,037

Stock Based Compensation and Shareholders' Equity

12 Months Ended

Oct. 30, 2010

Stock-Based Compensation and Shareholders' Equity [Abstract]

Stock-Based Compensation and Shareholders' Equity


3.	Stock-Based Compensation and Shareholders’ Equity

Equity Compensation Plans

The Company grants, or has granted, stock options and other stock and stock-based awards under The 2006 Stock Incentive Plan (2006 Plan). The 2006 Plan was approved by the Company’s Board of Directors on January 23, 2006 and was approved by shareholders on March 14, 2006 and subsequently amended in March 2006, June 2009, September 2009 and December 2009. The 2006 Plan provides for the grant of up to 15 million shares of the Company’s common stock, plus such number of additional shares that were subject to outstanding options under the Company’s previous plans that are not issued because the applicable option award subsequently terminates or expires without being exercised. The 2006 Plan provides for the grant of incentive stock options intended to qualify under Section 422 of the Internal Revenue Code of 1986, as amended, non-statutory stock options, stock appreciation rights, restricted stock, restricted stock units and other stock-based awards. Employees, officers, directors, consultants and advisors of the Company and its subsidiaries are eligible to be granted awards under the 2006 Plan. No award may be made under the 2006 Plan after March 13, 2016, but awards previously granted may extend beyond that date. The Company will not grant further options under any previous plans.

While the Company may grant to employees options that become exercisable at different times or within different periods, the Company has generally granted to employees options that vest over five years and become exercisable in annual installments of 20% on each of the first, second, third, fourth and fifth anniversaries of the date of grant; 33¹/₃% on each of the third, fourth, and fifth anniversaries of the date of grant; or in annual installments of 25% on each of the second, third, fourth and fifth anniversaries of the date of grant. The maximum contractual term of all options is ten years.

As of October 30, 2010 a total of 12,669,980 common shares were available for future grant and 57,013,585 common shares were reserved for issuance under the 2006 Plan.

Grant-Date Fair Value

The Company uses the Black-Scholes option pricing model to calculate the grant-date fair value of stock option awards. The grant date fair value of restricted stock units represents the value of the Company’s common stock on the date of grant, reduced by the present value of dividends expected to be paid on the Company’s common stock prior to vesting.

Information pertaining to the Company’s stock option awards and the related estimated weighted-average assumptions to calculate the fair value of stock options granted are as follows:


				2009 Excluding
				Option
				Exchange
	2010			Program			2009*			2008

Options granted (in thousands)		1,866			5,675			20,873			5,827
Weighted-average exercise price-stock options	$	31.49		$	19.63		$	25.74		$	29.79
Weighted-average grant date fair value-stock options	$	7.77		$	7.42		$	5.97		$	7.90
Assumptions:
Weighted-average expected volatility		31.4	%		58.8	%		41.3	%		32.4	%
Weighted-average expected term (in years)		5.3			5.3			4.7			5.1
Risk-free interest rate		2.5	%		1.7	%		1.4	%		3.2	%
Expected dividend yield		2.6	%		4.1	%		3.2	%		2.4	%


*		Includes options granted under the stock option exchange program which is described below.

Expected volatility — The Company is responsible for estimating volatility and has considered a number of factors, including third-party estimates, when estimating volatility. The Company currently believes that the exclusive use of implied volatility results in the best estimate of the grant-date fair value of employee stock options because it reflects the market’s current expectations of future volatility. In evaluating the appropriateness of exclusively relying on implied volatility, the Company concluded that: (1) options in the Company’s common stock are actively traded with sufficient volume on several exchanges; (2) the market prices of both the traded options and the underlying shares are measured at a similar point in time to each other and on a date close to the grant date of the employee share options; (3) the traded options have exercise prices that are both near-the-money and close to the exercise price of the employee share options; and (4) the maturities of the traded options used to estimate volatility are at least one year.

Expected term — The Company uses historical employee exercise and option expiration data to estimate the expected term assumption for the Black-Scholes grant-date valuation. The Company believes that this historical data is currently the best estimate of the expected term of a new option, and that generally its employees exhibit similar exercise behavior.

Risk-free interest rate — The yield on zero-coupon U.S. Treasury securities for a period that is commensurate with the expected term assumption is used as the risk-free interest rate.

Expected dividend yield — Expected dividend yield is calculated by annualizing the cash dividend declared by the Company’s Board of Directors for the current quarter and dividing that result by the closing stock price on the date of grant. Until such time as the Company’s Board of Directors declares a cash dividend for an amount that is different from the current quarter’s cash dividend, the current dividend will be used in deriving this assumption. Cash dividends are not paid on options, restricted stock or restricted stock units.

Stock-based Compensation Expense

The amount of stock-based compensation expense recognized during a period is based on the value of the awards that are ultimately expected to vest. Forfeitures are estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. The term “forfeitures” is distinct from “cancellations” or “expirations” and represents only the unvested portion of the surrendered stock-based award. Based on an analysis of its historical forfeitures, the Company has applied an annual forfeiture rate of 4.3% to all unvested stock-based awards as of October 30, 2010. The rate of 4.3% represents the portion that is expected to be forfeited each year over the vesting period. This analysis will be re-evaluated quarterly and the forfeiture rate will be adjusted as necessary. Ultimately, the actual expense recognized over the vesting period will only be for those options that vest.

Stock-option Exchange

During fiscal 2009, shareholders approved and the Company completed an employee stock option exchange program (Option Exchange). The Option Exchange provided eligible employees of the Company, except named executive officers and directors, the opportunity to exchange eligible stock option grants for a smaller number of new stock options with a lower exercise price, or in some instances cash, that had approximately the same fair value as the options surrendered.

On September 28, 2009 the Company granted stock options for approximately 15.2 million shares in the aggregate to approximately 3,100 employees who elected to participate in the Option Exchange. The new stock options issued were subject to a new vesting period and a new contractual term based on the grant date of the original options. In addition, the Company made cash payments of approximately $2.6 million to approximately 5,100 employees whose exchanged options would each have resulted in a new stock option for fewer than 100 shares. As a result of the exchange, employees elected to surrender options for approximately 33.6 million options, which were cancelled upon the grant of the new options on September 28, 2009.

The exchange of options in this Option Exchange is treated as a modification of the existing stock options for accounting purposes. Accordingly, any unrecognized compensation expense from the surrendered stock options will be recognized over the original service period of the surrendered option. Because the exchange ratios were calculated to result in the fair value of surrendered eligible stock options that was approximately equal to the fair value of the new stock options replacing them, the amount of incremental expense was immaterial.

Stock-Based Compensation Activity

A summary of the activity under the Company’s stock option plans as of October 30, 2010 and changes during the fiscal year then ended is presented below:


						Weighted-
				Weighted-		Average
				Average		Remaining
	Options			Exercise Price		Contractual		Aggregate
	Outstanding			Per Share		Term in Years		Intrinsic Value

Options outstanding at October 31, 2009		52,463		$	29.71
Options granted		1,866		$	31.49
Options exercised		(8,811	)	$	27.28
Options forfeited		(1,118	)	$	27.55
Options expired		(1,321	)	$	45.19

Options outstanding October 30, 2010		43,079		$	29.87		4.6	$	238,467

Options exercisable at October 30, 2010		24,994		$	31.85		3.3	$	118,811
Options vested or expected to vest October 30, 2010(1)		41,975		$	29.95		4.5	$	230,805


(1)		In addition to the vested options, the Company expects a portion of the unvested options to vest at some point in the future. Options expected to vest is calculated by applying an estimated forfeiture rate to the unvested options.

The total intrinsic value of options exercised (i.e. the difference between the market price at exercise and the price paid by the employee to exercise the options) during fiscal 2010, fiscal 2009 and fiscal 2008 was $29.6 million, $4.7 million and $121.7 million, respectively. The total amount of proceeds received by the Company from exercise of these options during fiscal 2010, fiscal 2009 and fiscal 2008 was $240.4 million, $15.1 million and $100.6 million, respectively. The total grant-date fair value of stock options that vested during fiscal 2010, fiscal 2009 and fiscal 2008 was approximately $67.2 million, $73.6 million and $77.6 million, respectively.

Proceeds from stock option exercises pursuant to employee stock plans in the Company’s statement of cash flows of $216.1 million, $12.4 million and $94.2 million for fiscal 2010, fiscal 2009 and fiscal 2008, respectively, are net of the value of shares surrendered by employees in certain limited circumstances to satisfy the exercise price of options, and to satisfy employee tax obligations upon vesting of restricted stock or restricted stock units and in connection with the exercise of stock options granted to the Company’s employees under the Company’s equity compensation plans. The withholding amount is based on the Company’s minimum statutory withholding requirement.

A summary of the Company’s restricted stock unit award activity as of October 30, 2010 and changes during the year then ended is presented below:


	Restricted			Weighted-
	Stock			Average Grant-
	Units			Date Fair Value
	Outstanding			Per Share

Restricted stock units outstanding at October 31, 2009		135		$	22.19
Units granted		1,171		$	28.86
Restrictions lapsed		(19	)	$	24.70
Units forfeited		(22	)	$	29.10

Restricted stock units outstanding at October 30, 2010		1,265		$	28.21

As of October 30, 2010 there was $95 million of total unrecognized compensation cost related to unvested share-based awards comprised of stock options and restricted stock units. That cost is expected to be recognized over a weighted-average period of 1.4 years.

Common Stock Repurchase Program

The Company’s common stock repurchase program has been in place since August 2004. In the aggregate, the Board of Directors has authorized the Company to repurchase $4 billion of the Company’s common stock under the program. Under the program, the Company may repurchase outstanding shares of its common stock from time to time in the open market and through privately negotiated transactions. Unless terminated earlier by resolution of the Company’s Board of Directors, the repurchase program will expire when the Company has repurchased all shares authorized under the program. As of October 30, 2010, the Company had repurchased a total of approximately 116.0 million shares of its common stock for approximately $3,948.2 million under this program. An additional $51.8 million remains available for repurchase of shares under the current authorized program. The repurchased shares are held as authorized but unissued shares of common stock. Any future common stock repurchases will be dependent upon several factors including the amount of cash available to the Company in the United States, and the Company’s financial performance, outlook and liquidity. The Company also from time to time repurchases shares in settlement of employee tax withholding obligations due upon the vesting of restricted stock or restricted stock units, or in certain limited circumstances to satisfy the exercise price of options granted to the Company’s employees under the Company’s equity compensation plans.

Preferred Stock

The Company has 471,934 authorized shares of $1.00 par value preferred stock, none of which is issued or outstanding. The Board of Directors is authorized to fix designations, relative rights, preferences and limitations on the preferred stock at the time of issuance.

Industry, Segment and Geographic Information

12 Months Ended

Oct. 30, 2010

Industry, Segment and Geographic Information [Abstract]

Industry, Segment and Geographic Information


4.	Industry, Segment and Geographic Information

The Company operates and tracks its results in one reportable segment based on the aggregation of five operating segments. The Company designs, develops, manufactures and markets a broad range of integrated circuits. The Chief Executive Officer has been identified as the Chief Operating Decision Maker.

Revenue Trends by End Market

The categorization of revenue by end market is determined using a variety of data points including the technical characteristics of the product, the “sold to” customer information, the “ship to” customer information and the end customer product or application into which the Company’s product will be incorporated. As data systems for capturing and tracking this data evolve and improve, the categorization of products by end market can vary over time. When this occurs, the Company reclassifies revenue by end market for prior periods. Such reclassifications typically do not materially change the sizing of, or the underlying trends of results within, each end market.


	2010								2009					2008
			% of								% of					% of
			Total								Total					Total
			Product								Product					Product
	Revenue		Revenue*			Y/Y%			Revenue		Revenue			Revenue		Revenue

Industrial	$	1,266,423		46	%		48	%	$	857,950		43	%	$	1,143,333		44	%
Automotive		333,045		12	%		66	%		200,989		10	%		255,172		10	%
Consumer		513,348		19	%		23	%		417,652		21	%		538,202		21	%
Communications		595,709		22	%		21	%		493,409		24	%		559,006		22	%
Computer		52,978		2	%		18	%		44,908		2	%		87,218		3	%

Total Revenue	$	2,761,503		100	%		37	%	$	2,014,908		100	%	$	2,582,931		100	%


*		The sum of the individual percentages do not equal the total due to rounding.

Revenue Trends by Product

The following table summarizes revenue by product categories. The categorization of the Company’s products into broad categories is based on the characteristics of the individual products, the specification of the products and in some cases the specific uses that certain products have within applications. The categorization of products into categories is therefore subject to judgment in some cases and can vary over time. In instances where products move between product categories, the Company reclassifies the amounts in the product categories for all prior periods. Such reclassifications typically do not materially change the sizing of, or the underlying trends of results within, each product category.


	2010								2009					2008
			% of								% of					% of
			Total								Total					Total
			Product								Product					Product
	Revenue		Revenue			Y/Y%			Revenue		Revenue*			Revenue		Revenue*

Converters	$	1,286,344		47	%		29	%	$	999,227		50	%	$	1,235,378		48	%
Amplifiers/ Radio frequency		703,082		25	%		40	%		502,972		25	%		666,893		26	%
Other analog		342,473		12	%		55	%		221,110		11	%		272,950		11	%

Subtotal analog signal processing		2,331,899		84	%		35	%		1,723,309		86	%		2,175,221		84	%

Power management & reference		194,761		7	%		65	%		118,258		6	%		143,572		6	%

Total analog products	$	2,526,660		91	%		37	%	$	1,841,567		91	%	$	2,318,793		90	%

Digital signal processing		234,843		9	%		35	%		173,341		9	%		264,138		10	%

Total Revenue	$	2,761,503		100	%		37	%	$	2,014,908		100	%	$	2,582,931		100	%


*		The sum of the individual percentages do not equal the total due to rounding.

Geographic Information

The Company operates in the following major geographic areas. Revenue data is based upon customer location and property, plant and equipment data is based upon physical location. In fiscal year 2010 and 2009, the predominant countries comprising “Rest of North and South America” are Canada and Mexico; the predominant countries comprising “Europe” are Germany, Sweden, France and the United Kingdom; and the predominant countries comprising “Rest of Asia” are Taiwan, South Korea and Singapore. In fiscal year 2008, the predominant countries comprising “Rest of North and South America” are Canada and Mexico; the predominant countries comprising “Europe” are Germany, France and the United Kingdom; and the predominant countries comprising “Rest of Asia” are Taiwan and South Korea.


	2010		2009		2008

Revenue from continuing operations
United States	$	508,187	$	401,608	$	524,197

Rest of North and South America		153,962		92,954		97,449
Europe		703,717		502,602		679,778
Japan		441,826		349,907		503,059
China		508,489		376,080		401,060
Rest of Asia		445,322		291,757		377,388

Subtotal all foreign countries		2,253,316		1,613,300		2,058,734

Total revenue	$	2,761,503	$	2,014,908	$	2,582,931

Property, plant and equipment
United States	$	188,776	$	204,758	$	251,616

Ireland		139,165		155,428		186,487
Philippines		131,963		103,209		116,622
All other countries		12,761		13,121		12,714

Subtotal all foreign countries		283,889		271,758		315,823

Total property, plant and equipment	$	472,665	$	476,516	$	567,439

Special Charges

12 Months Ended

Oct. 30, 2010

Special Charges [Abstract]

Special Charges


5.	Special Charges

A summary of the Company’s special charges and accruals related to ongoing actions is as follows:


				Consolidation
	Closure of Wafer			of a Wafer				Closure of Wafer
	Fabrication			Fabrication		Reduction of		Fabrication		Total
	Facility			Facility in		Operating		Facility		Special
Income Statement	in Sunnyvale			Limerick		Costs		in Cambridge		Charges

Fiscal 2005 Charges:
Workforce reductions	$	20,315		$	—	$	—	$	—	$	20,315

Total Fiscal 2005 Charges	$	20,315		$	—	$	—	$	—	$	20,315

Fiscal 2006 Charges:
Change in estimate		(2,029	)		—		—		—		(2,029	)

Total Fiscal 2006 Charges	$	(2,029	)	$	—	$	—	$	—	$	(2,029	)

Fiscal 2007 Charges:
Facility closure costs		10,288			—		—		—		10,288
Workforce reductions		—			13,748		—		—		13,748

Total Fiscal 2007 Charges	$	10,288		$	13,748	$	—	$	—	$	24,036

Fiscal 2008 Charges:
Workforce reductions		—			—		1,627		—		1,627
Change in estimate		—			1,461		—		—		1,461

Total Fiscal 2008 Charges	$	—		$	1,461	$	1,627	$	—	$	3,088

Fiscal 2009 Charges:
Workforce reductions		—			—		26,583		7,446		34,029
Facility closure costs		—			1,191		2,411		57		3,659
Non-cash impairment charge		—			—		839		14,629		15,468
Other items		—			—		500		—		500

Total Fiscal 2009 Charges	$	—		$	1,191	$	30,333	$	22,132	$	53,656

Workforce reductions		—			—		10,908		—		10,908
Facility closure costs		375			—		—		4,689		5,064
Non-cash impairment charge		—			—		487		—		487
Other items		—			—		24		—		24

Total Fiscal 2010 Charges	$	375		$		$	11,419	$	4,689	$	16,483


				Consolidation
	Closure of Wafer			of a Wafer						Closure of Wafer
	Fabrication			Fabrication			Reduction of			Fabrication			Total
	Facility			Facility in			Operating			Facility			Special
Accrued Restructuring	in Sunnyvale			Limerick			Costs			in Cambridge			Charges

Balance at November 3, 2007	$	4,002		$	13,748		$	—		$	—		$	17,750

Fiscal 2008 special charges		—			1,461			1,627			—			3,088
Severance payments		(253	)		(1,727	)		(126	)		—			(2,106	)
Facility closure costs		(2,002	)		(279	)		—			—			(2,281	)
Effect of foreign currency on accrual		—			(1,449	)		—			—			(1,449	)

Balance at November 1, 2008	$	1,747		$	11,754		$	1,501		$	—		$	15,002

Fiscal 2009 special charges		—			1,191			30,333			22,132			53,656
Severance payments		—			(11,802	)		(21,156	)		(756	)		(33,714	)
Facility closure costs		(1,578	)		(1,164	)		(1,195	)		(57	)		(3,994	)
Non-cash impairment charge		—			—			(839	)		(14,629	)		(15,468	)
Other payments		—			—			(503	)		—			(503	)
Effect of foreign currency on accrual		—			333			20			—			353

Balance at October 31, 2009	$	169		$	312		$	8,161		$	6,690		$	15,332

Fiscal 2010 special charges		375			—			11,419			4,689			16,483
Severance payments		—			(302	)		(12,223	)		(5,337	)		(17,862	)
Facility closure costs		(544	)		—			(1,216	)		(4,079	)		(5,839	)
Non-cash impairment charge		—			—			(487	)		—			(487	)
Other payments		—			—			(24	)		—			(24	)
Effect of foreign currency on accrual		—			(10	)		(84	)		—			(94	)

Balance at October 30, 2010	$	—		$	—		$	5,546		$	1,963		$	7,509

Closure of Wafer Fabrication Facility in Sunnyvale

The Company ceased production at its California wafer fabrication facility in November 2006. The Company paid the related lease obligation costs on a monthly basis over the remaining lease term, which expired in March 2010. A one-time settlement charge of $0.4 million was recorded in the first quarter of fiscal 2010 related to the termination of the lease. This action was completed during fiscal 2010.

Consolidation of a Wafer Fabrication Facility in Limerick

In fiscal 2007, the Company recorded a special charge of $13.7 million as a result of its decision to only use eight-inch technology at its wafer fabrication facility in Limerick. Certain manufacturing processes and products produced on the Limerick facility’s six-inch production line have transitioned to the Company’s existing eight-inch production line in Limerick while others have transitioned to external foundries. The charge was for severance and fringe benefit costs recorded in accordance with the Company’s ongoing benefit plan for 150 manufacturing employees associated with this action. The Company has terminated the employment of all employees associated with these programs and has paid out all amounts owed to employees as severance. During fiscal 2008, the Company recorded an additional charge of $1.5 million related to this action, of which $1.2 million was an adjustment to the original estimate of the severance costs and $0.3 million was for clean-up and closure costs that were expensed as incurred. During fiscal 2009, the Company recorded additional charges of $1.2 million for clean-up and closure costs that were expensed as incurred. The production in the six-inch wafer fabrication facility ceased during the fourth quarter of fiscal 2009. This action was completed during fiscal 2010.

Reduction of Operating Costs

During the fourth quarter of fiscal 2008, in order to further reduce its operating cost structure, the Company recorded a special charge of $1.6 million for severance and fringe benefit costs recorded in accordance with its ongoing benefit plan or statutory requirements at foreign locations for 19 engineering, and selling, marketing, general and administrative (SMG&A) employees.

During fiscal 2009, the Company recorded an additional charge of $30.3 million related to this cost reduction action. Approximately $2.1 million of this charge was for lease obligation costs for facilities that the Company ceased using during the first quarter of fiscal 2009; approximately $0.8 million was for the write-off of property, plant and equipment no longer used as a result of this action; and approximately $0.5 million was for contract termination costs and approximately $0.3 million was for clean-up and closure costs that were expensed as incurred. The remaining $26.6 million related to the severance and fringe benefit costs recorded in accordance with the Company’s ongoing benefit plan or statutory requirements at foreign locations for 245 manufacturing employees and 302 engineering and SMG&A employees.

During the first quarter of fiscal 2010, the Company recorded an additional charge of $11.4 million related to the further reduction of its operating cost structure. Approximately $10.9 million of this charge was for severance and fringe benefit costs recorded in accordance with the Company’s ongoing benefit plan or statutory requirements at foreign locations for 149 engineering and SMG&A employees. Approximately $0.5 million of the charge relates to the Company’s decision to abandon efforts to develop a particular expertise in power management, resulting in the impairment of related intellectual property.

The Company terminated the employment of all employees associated with this action and is paying amounts owed to employees for severance as income continuance.

Closure of a Wafer Fabrication Facility in Cambridge

During the first quarter of fiscal 2009, the Company recorded a special charge of $22.1 million as a result of its decision to consolidate its Cambridge, Massachusetts wafer fabrication facility into its existing Wilmington, Massachusetts facility. In connection with the anticipated closure of this facility, the Company evaluated the recoverability of the facility’s manufacturing assets and concluded that there was an impairment of approximately $12.9 million based on the revised period of intended use. The remaining $9.2 million was for severance and fringe benefit costs recorded in accordance with the Company’s ongoing benefit plan for 175 manufacturing employees and 9 SMG&A employees associated with this action.

The Company finished production in the Cambridge wafer fabrication facility and began clean-up activities during the fourth quarter of fiscal 2009. During the fourth quarter of fiscal 2009, the Company reversed approximately $1.8 million of its severance accrual. The accrual reversal was required because 51 employees either voluntarily left the Company or found alternative employment within the Company. In addition, the Company recorded a special charge of approximately $1.7 million for the impairment of manufacturing assets that were originally going to be moved to the Company’s other wafer fabrication facilities but are no longer needed at those facilities and therefore have no future use. The Company also recorded a special charge of $0.1 million for clean-up costs as the Company began its cleanup of the Cambridge wafer fabrication facility at the end of the fourth quarter of fiscal 2009. The Company terminated the employment of all employees associated with this charge and is paying amounts owed to employees for severance as income continuance.

During the first quarter of fiscal 2010, the Company recorded an additional charge of $4.7 million related to this cost reduction action. Approximately $3.4 million of the charge related to lease obligation costs for the Cambridge wafer fabrication facility, which the Company ceased using in the first quarter of fiscal 2010. The remaining $1.3 million of the charge related to clean-up and closure costs that were expensed as incurred.

Acquisitions

12 Months Ended

Oct. 30, 2010

Acquisitions [Abstract]

Acquisitions


6.	Acquisitions

In fiscal 2006, the Company acquired substantially all the outstanding stock of privately-held Integrant Technologies, Inc. (Integrant) of Seoul, Korea. The acquisition enabled the Company to enter the mobile TV market and strengthened its presence in the Asian region. The Company paid $8.4 million related to the purchase of shares from the founder of Integrant during the period from July 2007 through July 2009. The Company recorded these payments as additional goodwill.

In fiscal 2006, the Company acquired all the outstanding stock of privately-held AudioAsics A/S (AudioAsics) of Roskilde, Denmark. The acquisition of AudioAsics allows the Company to continue developing low-power audio solutions, while expanding its presence in the Nordic and Eastern European regions. The Company paid additional cash payments of $3.1 million during fiscal 2009 for the achievement of revenue-based milestones during the period from October 2006 through January 2009, which were recorded as additional goodwill. In addition, the Company paid $3.2 million during fiscal 2009 based on the achievement of technological milestones during the period from October 2006 through January 2009, which were recorded as compensation expense in fiscal 2008. All revenue and technological milestones related to this acquisition have been met and no additional payments will be made.

The Company has not provided pro forma results of operations for Integrant and AudioAsics herein as they were not material to the Company on either an individual or an aggregate basis. The Company included the results of operations of each acquisition in its consolidated statement of income from the date of such acquisition.

Deferred Compensation Plan Investments

12 Months Ended

Oct. 30, 2010

Deferred Compensation Plan Investments [Abstract]

Deferred Compensation Plan Investments


7.	Deferred Compensation Plan Investments

Investments in The Analog Devices, Inc. Deferred Compensation Plan (the Deferred Compensation Plan) are classified as trading. The components of the investments as of October 30, 2010 and October 31, 2009 were as follows:


	2010		2009

Money market funds	$	1,840	$	1,730
Mutual funds		6,850		6,213

Total Deferred Compensation Plan investments — short and long-term	$	8,690	$	7,943

The fair values of these investments are based on published market quotes on October 30, 2010 and October 31, 2009, respectively. Adjustments to the fair value of, and income pertaining to, Deferred Compensation Plan investments are recorded in operating expenses. Gross realized and unrealized gains and losses from trading securities were not material in fiscal 2010, 2009 or 2008.

The Company has recorded a corresponding liability for amounts owed to the Deferred Compensation Plan participants (see Note 10). These investments are specifically designated as available to the Company solely for the purpose of paying benefits under the Deferred Compensation Plan. However, in the event the Company became insolvent, the investments would be available to all unsecured general creditors.

Other Investments

12 Months Ended

Oct. 30, 2010

Other Investments [Abstract]

Other Investments


8.	Other Investments

Other investments consist of equity securities and other long-term investments. Investments are stated at fair value, which is based on market quotes or on a cost-basis, dependent on the nature of the investment, as appropriate. Adjustments to the fair value of investments classified as available-for-sale are recorded as an increase or decrease in accumulated other comprehensive (loss) income, unless the adjustment is considered an other-than-temporary impairment, in which case the adjustment is recorded as a charge in the statement of income.

During fiscal 2010 the Company recognized an other-than-temporary impairment of $0.7 million. The investment impairment was related to the decline in fair value of a publicly-traded equity investment below cost basis that was determined to be other-than-temporary.

There were no realized gains or losses recorded in fiscal 2010, 2009 or 2008.

Unrealized gains and losses on securities classified as other investments at of October 30, 2010 and October 31, 2009 were as follows:


	2010		2009

Unrealized gains	$	1,041	$	1,258
Unrealized losses		—		(718	)

Net unrealized gains on securities classified as other investments	$	1,041	$	540

Accrued Liabilities

12 Months Ended

Oct. 30, 2010

Accrued Liabilities [Abstract]

Accrued Liabilities


9.	Accrued Liabilities

Accrued liabilities at October 30, 2010 and October 31, 2009 consisted of the following:


	2010		2009

Accrued compensation and benefits	$	128,113	$	58,272
Special charges		7,509		15,332
Other		71,465		48,589

Total accrued liabilities	$	207,087	$	122,193

Deferred Compensation Plan Liability

12 Months Ended

Oct. 30, 2010

Deferred Compensation Plan Liability [Abstract]

Deferred Compensation Plan Liability


10.	Deferred Compensation Plan Liability

The deferred compensation plan liability relates to obligations due under the Deferred Compensation Plan. The Deferred Compensation Plan allows certain members of management and other highly-compensated employees and non-employee directors to defer receipt of all or any portion of their compensation. The balance represents Deferred Compensation Plan participant accumulated deferrals and earnings thereon since the inception of the Deferred Compensation Plan net of withdrawals. The Company’s liability under the Deferred Compensation Plan is an unsecured general obligation of the Company.

Lease Commitments

12 Months Ended

Oct. 30, 2010

Lease Commitments [Abstract]

Lease Commitments


11.	Lease Commitments

The Company leases certain of its facilities, equipment and software under various operating leases that expire at various dates through 2022. The lease agreements frequently include renewal and escalation clauses and require the Company to pay taxes, insurance and maintenance costs. Total rental expense under operating leases was approximately $40 million in fiscal 2010, $40 million in fiscal 2009 and $43 million in fiscal 2008.

The following is a schedule of future minimum rental payments required under long-term operating leases at October 30, 2010:


	Operating
Fiscal Years	Leases

2011	$	21,871
2012		12,322
2013		9,078
2014		6,381
2015		5,422
Later Years		30,655

Total	$	85,729

Commitments and Contingencies

12 Months Ended

Oct. 30, 2010

Commitments and Contingencies [Abstract]

Commitments and Contingencies


12.	Commitments and Contingencies

From time to time in the ordinary course of the Company’s business, various claims, charges and litigation are asserted or commenced against the Company arising from, or related to, contractual matters, patents, trademarks, personal injury, environmental matters, product liability, insurance coverage and personnel and employment disputes. As to such claims and litigation, the Company can give no assurance that it will prevail. The Company does not believe that any current legal matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows.

Retirement Plans

12 Months Ended

Oct. 30, 2010

Retirement Plans [Abstract]

Retirement Plans


13.	Retirement Plans

The Company and its subsidiaries have various savings and retirement plans covering substantially all employees. The Company maintains a defined contribution plan for the benefit of its eligible U.S. employees. This plan provides for Company contributions of up to 5% of each participant’s total eligible compensation. In addition, the Company contributes an amount equal to each participant’s pre-tax contribution, if any, up to a maximum of 3% of each participant’s total eligible compensation. The total expense related to the defined contribution plan for U.S. employees was $20.5 million in fiscal 2010, $21.5 million in fiscal 2009 and $22.6 million in fiscal 2008. The Company also has various defined benefit pension and other retirement plans for certain non-U.S. employees that are consistent with local statutory requirements and practices. The total expense related to the various defined benefit pension and other retirement plans for certain non-U.S. employees was $11.7 million in fiscal 2010, $10.9 million in fiscal 2009 and $13.9 million in fiscal 2008.

During fiscal 2009, the measurement date of the plan’s funded status was changed from September 30 to the Company’s fiscal year end.

Non-U.S. Plan Disclosures

The Company’s funding policy for its foreign defined benefit pension plans is consistent with the local requirements of each country. The plans’ assets consist primarily of U.S. and non-U.S. equity securities, bonds, property and cash. The benefit obligations and related assets under these plans have been measured at October 30, 2010 and October 31, 2009.

Components of Net Periodic Benefit Cost

Net annual periodic pension cost of non-U.S. plans is presented in the following table:


	2010			2009			2008

Service cost	$	5,933		$	6,368		$	9,580
Interest cost		9,594			9,525			10,234
Expected return on plan assets		(11,079	)		(10,703	)		(12,312	)
Amortization of prior service cost		1			5			8
Amortization of transitional asset		(27	)		(40	)		(44	)
Recognized actuarial (gain) loss		(133	)		(519	)		189

Subtotal	$	4,289		$	4,636		$	7,655

Curtailment impact	$	—		$	—		$	1
Settlement impact		(39	)		207			—
Special termination benefits					281			15

Net periodic pension cost	$	4,250		$	5,124		$	7,671

The special termination benefits presented relate to certain early retirement benefits provided in certain jurisdictions.

Benefit Obligations and Plan Assets

Obligation and asset data of the Company’s non-U.S. plans at each fiscal year end is presented in the following table:


	2010			2009

Change in Benefit Obligation
Benefit obligation at beginning of year	$	165,047		$	149,428
Adjustments due to change in defined benefit plans measurement date:
a. Service cost and interest cost during gap period		—			1,204
b. Additional experience during gap period		—			(10,099	)
c. Gap period benefit payments from plan, employee contributions, expenses, taxes and premiums paid		—			(1,222	)
Service cost		5,933			6,368
Interest cost		9,594			9,525
Settlement		—			(2,816	)
Special termination benefits		—			281
Participant contributions		2,378			2,496
Transfers		—			(1,298	)
Premiums paid		(81	)		(201	)
Actuarial loss (gain)		40,227			(3,244	)
Benefits paid		(3,170	)		(3,925	)
Exchange rate adjustment		(4,916	)		18,550

Benefit obligation at end of year	$	215,012		$	165,047

Change in Plan Assets
Fair value of plan assets at beginning of year	$	135,643		$	120,914
Adjustments due to change in defined benefit plans measurement date:
a. Additional experience during gap period		—			(9,807	)
b. Gap period benefit payments from plan, employee contributions, expenses, taxes and premiums paid		—			(1,222	)
Actual return on plan assets		17,480			8,839
Employer contributions		28,433			7,639
Participant contributions		2,378			2,496
Settlements		—			(2,816	)
Acquisitions/divestitures		—			(1,298	)
Premiums paid		(81	)		(201	)
Benefits paid		(3,170	)		(3,925	)
Exchange rate adjustment		(4,463	)		15,024

Fair value of plan assets at end of year	$	176,220		$	135,643

Reconciliation of Funded Status
Funded status	$	(38,792	)	$	(29,404	)

Amounts Recognized in the Balance Sheet
Non-current assets	$	4,160		$	—
Current liabilities		(520	)		(832	)
Non-current liabilities		(42,432	)		(28,572	)

Net amount recognized	$	(38,792	)	$	(29,404	)

Reconciliation of Amounts Recognized in the Statement of Financial Position
Initial net obligation	$	(138	)	$	(93	)
Prior service cost		—			(1	)
Net loss		(45,467	)		(10,720	)

Accumulated other comprehensive loss		(45,605	)		(10,814	)
Accumulated contributions in excess of net periodic cost (benefit)		6,813			(18,590	)

Net amount recognized	$	(38,792	)	$	(29,404	)

Changes Recognized in Other Comprehensive Income
Changes in plan assets and benefit obligations recognized in other comprehensive income
Net loss (gain) arising during the year (includes curtailment gains not recognized as a component of net periodic cost)	$	33,828		$	(1,380	)
Effect of exchange rates on amounts included in accumulated other comprehensive income		765			843
Amounts recognized as a component of net periodic benefit cost
Amortization, settlement or curtailment recognition of net transition asset		27			40
Amortization or curtailment recognition of prior service cost		(1	)		(5	)
Amortization or settlement recognition of net gain		172			312

Total recognized in other comprehensive loss (income)	$	34,791		$	(190	)

Total recognized in net periodic cost and other comprehensive loss	$	39,041		$	4,934

Changes recognized in balance sheet
Balance sheet recognition of change in defined benefit plans measurement date
Amortization amounts during gap period	$	—		$	21
Experience gain during gap period		—			574

Total	$	—		$	595

Estimated amounts that will be amortized from accumulated other comprehensive (loss) income over the next fiscal year
Initial net asset	$	(15	)	$	33
Prior service cost		—			(1	)
Net (loss) gain		(1,625	)		113

Total	$	(1,640	)	$	145

The accumulated benefit obligation for non-U.S. pension plans was $168.9 million and $127.3 million at October 30, 2010 and October 31, 2009, respectively.

Information relating to the Company’s non-U.S. plans with projected benefit obligations in excess of plan assets and accumulated benefit obligations in excess of plan assets at each fiscal year end is presented in the following table:


	2010		2009

Plans with projected benefit obligations in excess of plan assets:
Projected benefit obligation	$	188,741	$	165,047
Fair value of plan assets	$	145,789	$	135,643
Plans with accumulated benefit obligations in excess of plan assets:
Projected benefit obligation	$	23,278	$	42,549
Accumulated benefit obligation	$	19,360	$	38,701
Fair value of plan assets	$	602	$	19,473

Assumptions

The range of assumptions used for the non-U.S. defined benefit plans reflects the different economic environments within the various countries. The projected benefit obligation was determined using the following weighted-average assumptions:


	2010			2009

Discount rate		5.33	%		6.32	%
Rate of increase in compensation levels		3.40	%		3.72	%

Net annual periodic pension cost was determined using the following weighted average assumptions:


	2010			2009

Discount rate		6.32	%		6.60	%
Expected long-term return on plan assets		6.73	%		7.16	%
Rate of increase in compensation levels		3.72	%		3.87	%

The expected long-term rate of return on assets is a weighted-average of the long-term rates of return selected for the various countries where the Company has funded pension plans. The expected long-term rate of return on assets assumption is selected based on the facts and circumstances that exist as of the measurement date and the specific portfolio mix of plan assets. Management, in conjunction with its actuaries, reviewed anticipated future long-term performance of individual asset categories and considered the asset allocation strategy adopted by the Company and/ or the trustees of the plans. While the review considered recent fund performance and historical returns, the assumption is primarily a long-term prospective rate.

The Company’s investment strategy is based on an expectation that equity securities will outperform debt securities over the long term. Accordingly, in order to maximize the return on assets, a majority of assets are invested in equities. Investments within each asset class are diversified to reduce the impact of losses in single investments. The use of derivative instruments is permitted where appropriate and necessary to achieve overall investment policy objectives and asset class targets.

The Company establishes strategic asset allocation percentage targets and appropriate benchmarks for each significant asset class to obtain a prudent balance between return and risk. The interaction between plan assets and benefit obligations is periodically studied by the Company and its actuaries to assist in the establishment of strategic asset allocation targets.

Fair value of plan assets

The following table presents plan assets measured at fair value on a recurring basis by investment categories as of October 30, 2010 using the same three-level hierarchy described in Note 2j:


	October 30, 2010
	Fair Value measurement at Reporting Date using:
	Quoted
	Prices in
	Active		Significant
	Markets for		Other
	Identical		Observable		Unobservable
	Assets		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Total

Unit trust funds(1)	$	—	$	131,650	$	—	$	131,650
Equities(1)		1,589		19,963		—		21,552
Fixed income securities(2)		—		19,214		—		19,214
Property(3)		—		—		3,186		3,186
Cash and cash equivalents		618		—		—		618

Total assets measured at fair value	$	2,207	$	170,827	$	3,186	$	176,220


(1)		The majority of the assets in these categories are invested in a mix of equities, including those from North America, Europe and Asia. The funds are valued using the net asset value method in which an average of the market prices for underlying investments is used to value the fund. Due to the nature of the underlying assets of these funds, changes in market conditions and the economic environment may significantly impact the net asset value of these investments and, consequently, the fair value of the investments. These investments are redeemable at net asset value to the extent provided in the documentation governing the investments. However, these redemption rights may be restricted in accordance with governing documents. Publicly traded securities are valued at the last trade or closing price reported in the active market in which the individual securities are traded.

(2)		The majority of the assets in this category are invested in non-U.S. debt instruments. The funds are valued using the net asset value method in which an average of the market prices for underlying investments is used to value the fund.

(3)		The majority of the assets in this category are invested in properties in Ireland, the UK, Europe and established international markets. Investments in properties are stated at estimated fair values based upon valuations by external independent property valuers.

The table below presents a reconciliation of the plan assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for fiscal year 2010.


	Real Estate

Balance as of October 31, 2009	$	2,340
Purchases, sales, and settlements, net		899
Realized and unrealized return on plan assets		(53	)

Balance as of October 30, 2010	$	3,186

Estimated future cash flows

Expected fiscal 2011 Company contributions and estimated future benefit payments are as follows:


Expected Company Contributions
2011	$	8,965
Expected Benefit Payments
2011	$	3,383
2012	$	4,411
2013	$	6,025
2014	$	5,786
2015	$	5,176
2016-2018	$	33,966

Income Taxes

12 Months Ended

Oct. 30, 2010

Income Taxes [Abstract]

Income Taxes


14.	Income Taxes

The reconciliation of income tax computed at the U.S. federal statutory rates to income tax expense is as follows:


	2010			2009			2008

U.S. federal statutory tax rate		35.0	%		35.0	%		35.0	%
Income tax provision reconciliation:
Tax at statutory rate:	$	315,583		$	104,105		$	233,136
Irish income subject to lower tax rate		(129,741	)		(50,972	)		(92,732	)
State income taxes, net of federal benefit		2,622			406			1,150
Research and development tax credits		(1,045	)		(5,153	)		(3,401	)
Net foreign tax in excess of U.S. federal statutory tax rate		1,315			1,123			2,350
Other, net		1,706			527			422

Total income tax provision	$	190,440		$	50,036		$	140,925

For financial reporting purposes, income before income taxes includes the following components:


	2010		2009		2008

Pretax income:
Domestic	$	289,748	$	1,133	$	186,130
Foreign		611,917		296,311		479,972

Income from continuing operations before income taxes	$	901,665	$	297,444	$	666,102

The components of the provision for income taxes are as follows:


	2010			2009			2008

Current:
Federal tax (benefit)	$	117,097		$	(5,191	)	$	79,642
Foreign		79,055			43,007			70,882
State		4,154			625			1,770

Total current	$	200,306		$	38,441		$	152,294

Deferred (prepaid):
Federal	$	(6,332	)	$	17,033		$	(7,268	)
Foreign		(3,534	)		(5,438	)		(4,101	)

Total deferred	$	(9,866	)	$	11,595		$	(11,369	)

The Company continues to intend to reinvest certain of its foreign earnings indefinitely. Accordingly, no U.S. income taxes have been provided for approximately $2,327 million of unremitted earnings of international subsidiaries. As of October 30, 2010, the amount of unrecognized deferred tax liability on these earnings was $611 million.

The significant components of the Company’s deferred tax assets and liabilities for the fiscal years ended October 30, 2010 and October 31, 2009 are as follows:


	2010			2009

Deferred tax assets:
Inventory reserves	$	24,495		$	30,365
Deferred income on shipments to distributors		32,870			25,775
Reserves for compensation and benefits		26,199			25,182
Tax credit carryovers		50,384			52,443
Stock-based compensation		75,827			62,496
Depreciation		4,553			4,163
Other		1,251			3,578

Total gross deferred tax assets		215,579			204,002
Valuation allowance		(50,384	)		(51,616	)

Total deferred tax assets		165,195			152,386

Deferred tax liabilities:
Depreciation		(12,185	)		(13,498	)
Undistributed earnings of foreign subsidiaries		(24,229	)		(18,853	)
Other		(3,106	)		(3,881	)

Total gross deferred tax liabilities		(39,520	)		(36,232	)

Net deferred tax assets	$	125,675		$	116,154

The valuation allowances of $50.4 million and $51.6 million at October 30, 2010 and October 31, 2009, respectively, are a full valuation allowance for the Company’s state credit carryovers that began expiring in 2008.

The Company has provided for potential liabilities due in the various jurisdictions in which the Company operates. Judgment is required in determining the worldwide income tax expense provision. In the ordinary course of global business, there are many transactions and calculations where the ultimate tax outcome is uncertain. Some of these uncertainties arise as a consequence of cost reimbursement arrangements among related entities. Although the Company believes its estimates are reasonable, no assurance can be given that the final tax outcome of these matters will not be different than that which is reflected in the historical income tax provisions and accruals. Such differences could have a material impact on the Company’s income tax provision and operating results in the period in which such determination is made.

On November 4, 2007 (the first day of its 2008 fiscal year), the Company adopted new accounting principles on accounting for uncertain tax positions. These principles require companies to determine whether it is “more likely than not” that a tax position will be sustained upon examination by the appropriate taxing authorities before any benefit can be recorded in the financial statements. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. There were no changes to the Company’s liabilities for uncertain tax positions as a result of the adoption of these provisions. As of October 30, 2010 and October 31, 2009, the Company had a liability of $18.4 million and $18.2 million, respectively, for gross unrealized tax benefits, all of which, if settled in the Company’s favor, would lower the Company’s effective tax rate in the period recorded. In addition, as of October 30, 2010 and October 31, 2009, the Company had a liability of approximately $9.8 million and $8.0 million, respectively, for interest and penalties. The total liability as of October 30, 2010 and October 31, 2009 of $28.3 million and $26.2 million, respectively, for uncertain tax positions is classified as non-current, and is included in other non-current liabilities, because the Company believes that the ultimate payment or settlement of these liabilities will not occur within the next twelve months. Prior to the adoption of these provisions, these amounts were included in current income tax payable. The Company includes interest and penalties related to unrecognized tax benefits within the provision for taxes in the condensed consolidated statements of income, and as a result, no change in classification was made upon adopting these provisions. The condensed consolidated statements of income for fiscal years 2010, 2009 and 2008 include $1.8 million, $1.7 million and $1.3 million, respectively, of interest and penalties related to these uncertain tax positions. Due to the complexity associated with its tax uncertainties, the Company cannot make a reasonably reliable estimate as to the period in which it expects to settle the liabilities associated with these uncertain tax positions.

The following table summarizes the changes in the total amounts of uncertain tax positions for fiscal 2008 through fiscal 2010.


Balance, November 3, 2007	$	9,889
Additions for tax positions of 2008		3,861

Balance, November 1, 2008		13,750
Additions for tax positions of 2009		4,411

Balance, October 31, 2009		18,161
Additions for tax positions of 2010		286

Balance, October 30, 2010	$	18,447

Fiscal Years 2004 and 2005 IRS Examination

During the fourth quarter of fiscal 2007, the IRS completed its field examination of the Company’s fiscal years 2004 and 2005. On January 2, 2008, the IRS issued its report for fiscal 2004 and 2005, which included proposed adjustments related to these two fiscal years. The Company has recorded taxes and penalties related to certain of these proposed adjustments. There are four items with an additional potential total tax liability of $46 million. The Company has concluded, based on discussions with its tax advisors, that these four items are not likely to result in any additional tax liability. Therefore, the Company has not recorded any additional tax liability for these items and is appealing these proposed adjustments through the normal processes for the resolution of differences between the IRS and taxpayers. The Company’s initial meetings with the appellate division of the IRS were held during fiscal year 2009. Two of the unresolved matters are one-time issues and pertain to Section 965 of the Internal Revenue Code related to the beneficial tax treatment of dividends from foreign owned companies under The American Jobs Creation Act. The other matters pertain to the computation of research and development (R&D) tax credits and the profits earned from manufacturing activities carried on outside the United States. These latter two matters could impact taxes payable for fiscal 2004 and 2005 as well as for subsequent years.

Fiscal Years 2006 and 2007 IRS Examination

During the third quarter of fiscal 2009, the IRS completed its field examination of the Company’s fiscal years 2006 and 2007. The IRS and the Company have agreed on the treatment of a number of issues that have been included in an Issue Resolutions Agreement related to the 2006 and 2007 tax returns. However, no agreement was reached on the tax treatment of a number of issues, including the same R&D credit and foreign manufacturing issues mentioned above related to fiscal 2004 and 2005, the pricing of intercompany sales (transfer pricing) and the deductibility of certain stock option compensation expenses. During the third quarter of fiscal 2009, the IRS issued its report for fiscal 2006 and fiscal 2007, which included proposed adjustments related to these two fiscal years. The Company has recorded taxes and penalties related to certain of these proposed adjustments. There are four items with an additional potential total tax liability of $195 million. The Company concluded, based on discussions with its tax advisors, that these four items are not likely to result in any additional tax liability. Therefore, the Company has not recorded any additional tax liability for these items and is appealing these proposed adjustments through the normal processes for the resolution of differences between the IRS and taxpayers. The Company’s initial meetings with the appellate division of the IRS were held during fiscal year 2010. With the exception of the proposed adjustment related to the deductibility of certain stock option expenses, the other three matters could impact taxes payable for fiscal 2006 and 2007 as well as for subsequent years.

Fiscal Years 2008 and 2009 IRS Examination

The IRS has not started their examination of fiscal year 2008 or fiscal year 2009.

Although the Company believes its estimates of income tax payable are reasonable, no assurance can be given that the Company will prevail in the matters raised and that the outcome of one or all of these matters will not be different than that which is reflected in the historical income tax provisions and accruals. The Company believes such differences would not have a material impact on the Company’s financial condition but could have a material impact on the Company’s income tax provision, operating results and operating cash flows in the period in which such matters are resolved as well as for subsequent years.

Revolving Credit Facility

12 Months Ended

Oct. 30, 2010

Revolving Credit Facility [Abstract]

Revolving Credit Facility


15.	Revolving Credit Facility

As of October 30, 2010, the Company had $2,687.8 million of cash and cash equivalents and short-term investments, of which $725.4 million was held in the United States. The balance of the Company’s cash and cash equivalents and short- term investments was held outside the United States in various foreign subsidiaries. As the Company intends to reinvest certain of its foreign earnings indefinitely, this cash is not available to meet certain of the Company’s cash requirements in the United States, including for cash dividends and common stock repurchases. The Company entered into a five-year, $165 million unsecured revolving credit facility with certain institutional lenders in May 2008. To date, the Company has not borrowed under this credit facility but the Company may borrow in the future and use the proceeds for support of commercial paper issuance, stock repurchases, dividend payments, acquisitions, capital expenditures, working capital and other lawful corporate purposes. Any advances under this credit agreement will accrue interest at rates that are equal to LIBOR plus a margin that is based on the Company’s leverage ratio. The terms of this facility also include financial covenants that require the Company to maintain a minimum interest coverage ratio and not exceed a maximum leverage ratio. As of October 30, 2010, the Company was compliant with these covenants. The terms of the facility also impose restrictions on the Company’s ability to undertake certain transactions, to create certain liens on assets and to incur certain subsidiary indebtedness.

Long-Term Debt

12 Months Ended

Oct. 30, 2010

Long-Term Debt [Abstract]

Long-Term Debt


16.	Long-Term Debt

On June 30, 2009, the Company issued $375 million aggregate principal amount of 5.0% senior unsecured notes due July 1, 2014 (the Notes) with semi-annual fixed interest payments on January 1 and July 1 of each year, commencing January 1, 2010. The sale of the Notes was made pursuant to the terms of an underwriting agreement dated June 25, 2009 between the Company and Credit Suisse Securities (USA) LLC, as representative of the several underwriters named therein. The net proceeds of the offering were $370.4 million, after issuing at a discount and deducting expenses, underwriting discounts and commissions, which will be amortized over the term of the Notes. The indenture governing the Notes contains covenants that may limit the Company’s ability to: incur, create, assume or guarantee any debt for borrowed money secured by a lien upon a principal property; enter into sale and lease-back transactions with respect to a principal property; and consolidate with or merge into, or transfer or lease all or substantially all of its assets to, any other party.

On June 30, 2009, the Company entered into interest rate swap transactions where the Company swapped the notional amount of its $375 million of fixed rate debt at 5.0% into floating interest rate debt through July 1, 2014. Under the terms of the swaps, the Company will (i) receive on the $375 million notional amount a 5.0% annual interest payment that is paid in two installments on the 1st business day of every January and July, commencing January 1, 2010 through and ending on the maturity date; and (ii) pay on the $375 million notional amount an annual three-month LIBOR plus 2.05% (2.34% as of October 30, 2010) interest payment, payable in four installments on the 1st business day of every January, April, July and October, commencing on October 1, 2009 and ending on the maturity date. The LIBOR- based rate is set quarterly three months prior to the date of the interest payment. The Company designated these swaps as fair value hedges. The changes in the fair value of the interest rate swaps were reflected in the carrying value of the interest rate swaps in other assets on the balance sheet. The carrying value of the debt on the balance sheet was adjusted by an equal and offsetting amount.

Subsequent Events

12 Months Ended

Oct. 30, 2010

Subsequent Events [Abstract]

Subsequent Events


17.	Subsequent Events

On November 19, 2010 the Board of Directors of the Company declared a cash dividend of $0.22 per outstanding share of common stock. The dividend will be paid on December 22, 2010 to all shareholders of record at the close of business on December 3, 2010. In addition, on November 19, 2010 the Board of Directors of the Company authorized the repurchase by the Company of an additional $1 billion of the Company’s common stock under the Company’s existing share repurchase program.

Supplementary Financial Information (Unaudited)

12 Months Ended

Oct. 30, 2010

Supplementary Financial Information [Abstract]

Supplementary Financial Information

ANALOG DEVICES, INC.

SUPPLEMENTARY FINANCIAL INFORMATION

(Unaudited)

Quarterly financial information for fiscal 2010 and fiscal 2009 (thousands, except per share amounts and as noted):


	4Q10			3Q10			2Q10			1Q10			4Q09			3Q09			2Q09			1Q09

Revenue		769,990			720,290			668,240			602,983			571,600			491,991			474,748			476,569
Cost of sales		253,761			240,088			233,725			234,507			249,746			225,762			213,196			207,567

Gross margin		516,229			480,202			434,515			368,476			321,854			266,229			261,552			269,002
% of Revenue		67.0	%		66.7	%		65.0	%		61.1	%		56.3	%		54.1	%		55.1	%		56.4	%
Research and development		128,140			126,987			122,780			114,398			110,126			107,578			109,448			119,828
Selling, marketing, general and administrative		102,349			102,070			97,660			88,481			83,356			79,706			82,276			87,846
Special charges		—			—			—			16,483			—			—			11,919			41,737

Total operating expenses		230,489			229,057			220,440			219,362			193,482			187,284			203,643			249,411
Operating income from continuing operations		285,740			251,145			214,075			149,114			128,372			78,945			57,909			19,591
% of Revenue		37	%		35	%		32	%		25	%		22	%		16	%		12	%		4	%
Nonoperating (income) expenses:
Interest expense		2,709			2,614			2,568			2,538			2,726			1,368			—			—
Interest income		(2,426	)		(3,206	)		(2,025	)		(2,180	)		(1,740	)		(2,558	)		(3,527	)		(7,796	)
Other, net		(2,600	)		416			(488	)		489			160			108			(797	)		(571	)

Total nonoperating (income) expense		(2,317	)		(176	)		55			847			1,146			(1,082	)		(4,324	)		(8,367	)

Income from continuing operations before income taxes		288,057			251,321			214,020			148,267			127,226			80,027			62,233			27,958
% of Revenue		37	%		35	%		32	%		25	%		22	%		16	%		13	%		6	%
Provision for income taxes		63,063			51,830			46,880			28,667			21,617			14,567			10,479			3,373

Net income from continuing operations		224,994			199,491			167,140			119,600			105,609			65,460			51,754			24,585

Net income from discontinued operations		—			—			—			—			—			—			—			364
Gain on sale of discontinued operations		—			—			—			859			—			—			—			—

Net income		224,994			199,491			167,140			120,459			105,609			65,460			51,754			24,949

% of Revenue		29	%		28	%		25	%		20	%		18	%		13	%		11	%		5	%
Earnings per share — basic
Income from continuing operations		0.75			0.67			0.56			0.40			0.36			0.22			0.18			0.08
Net income		0.75			0.67			0.56			0.41			0.36			0.22			0.18			0.09
Earnings per share — diluted
Income from continuing operations		0.73			0.65			0.55			0.39			0.36			0.22			0.18			0.08
Net income		0.73			0.65			0.55			0.40			0.36			0.22			0.18			0.09
Shares used to compute earnings per share (in thousands):
Basic		298,228			298,027			297,825			295,469			291,739			291,387			291,227			291,187
Diluted		306,711			306,168			305,836			304,730			294,016			293,084			292,446			291,248
Dividends declared per share		0.22			0.22			0.20			0.20			0.20			0.20			0.20			0.20

Valuation and Qualifying Accounts

12 Months Ended

Oct. 30, 2010

Valuation And Qualifying Accounts [Abstract]

Valuation And Qualifying Accounts

ANALOG DEVICES, INC.

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

Years ended October 30, 2010, October 31, 2009 and November 1, 2008
(Thousands)


	Balance at		Additions				Balance at
	Beginning of		Charged to				End of
Description	Period		Income Statement		Deductions		Period

Accounts Receivable Reserves and Allowances:
Year ended November 1, 2008	$	3,611	$	8,427	$	6,537	$	5,501

Year ended October 31, 2009	$	5,501	$	3,628	$	7,448	$	1,681

Year ended October 30, 2010	$	1,681	$	2,918	$	3,018	$	1,581

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Oct. 30, 2010

Summary of Significant Accounting Policies [Abstract]

Principles of Consolidation

Cash, Cash Equivalents and Short-term Investments

The Company periodically evaluates its investments for impairment. There were no other-than-temporary impairments of short-term investments in any of the fiscal years presented.

No realized gains or losses were recorded during any of the fiscal years presented.

Unrealized gains and losses on available-for-sale securities classified as short-term investments at October 30, 2010 and October 31, 2009 are as follows:


	2010			2009

Unrealized gains on securities classified as short-term investments	$	165		$	128
Unrealized losses on securities classified as short-term investments		(217	)		(124	)

Net unrealized (losses) gains on securities classified as short-term investments	$	(52	)	$	4

Unrealized gains and losses in 2010 and 2009 relate to corporate obligations.

The components of the Company’s cash and cash equivalents and short-term investments as of October 30, 2010 and October 31, 2009 were as follows:


	2010		2009

Cash and cash equivalents:
Cash	$	37,460	$	30,744
Available-for-sale		1,020,993		604,276
Held-to-maturity		11,547		4,709

Total cash and cash equivalents	$	1,070,000	$	639,729

Short-term investments:
Available-for-sale	$	1,587,768	$	1,176,244
Held-to-maturity (less than one year to maturity)		30,000		—

Total short-term investments	$	1,617,768	$	1,176,244

See Note 2j. for additional information on the Company’s cash equivalents and short-term investments.

Supplemental Cash Flow Statement Information


	2010		2009		2008

Cash paid during the fiscal year for:
Income taxes	$	137,149	$	60,609	$	201,974
Interest	$	9,603	$	2,502	$	—

Inventories

Inventories at October 30, 2010 and October 31, 2009 are as follows:


	2010		2009

Raw materials	$	22,008	$	13,373
Work in process		171,390		173,696
Finished goods		84,080		66,092

Total inventories	$	277,478	$	253,161

Property, Plant and Equipment


Buildings & building equipment		Up to 25 years
Machinery & equipment		3-8 years
Office equipment		3-8 years

Depreciation expense from continuing operations of property, plant and equipment was $116.1 million, $132.5 million and $144.2 million in fiscal 2010, 2009 and 2008, respectively.

Goodwill and Intangible Assets

Goodwill


	2010		2009

Balance at beginning of year	$	250,881	$	235,175
Acquisition of AudioAsics(1)		—		3,071
Acquisition of Integrant Technologies(2)		—		2,098
Foreign currency translation adjustment		4,699		10,537

Balance at end of year	$	255,580	$	250,881


(1)		The Company made its final milestone payment related to this 2006 acquisition during fiscal 2009.

(2)		The Company purchased the remaining outstanding minority shares related to this 2006 acquisition during fiscal 2009.

Intangible Assets

Intangible assets, which will continue to be amortized, consisted of the following:


	October 30, 2010				October 31, 2009
	Gross				Gross
	Carrying		Accumulated		Carrying		Accumulated
	Amount		Amortization		Amount		Amortization

Technology-based	$	7,166	$	6,323	$	23,326	$	17,615
Customer relationships		2,858		2,358		5,103		3,959

Total	$	10,024	$	8,681	$	28,429	$	21,574

Amortization expense from continuing operations related to intangibles was $4.8 million, $7.4 million and $9.3 million in fiscal 2010, 2009 and 2008, respectively.

The Company expects annual amortization expense for these intangible assets to be:


Fiscal Year	Amortization Expense

2011	$	1,343

Grant Accounting

Translation of Foreign Currencies

Derivative Instruments and Hedging Agreements


Income Statement	October 30, 2010							October 31, 2009
Classification	Gain on Swaps		Loss on Note			Net Income Effect		Gain on Swaps		Loss on Note			Net Income Effect

Other income	$	20,692	$	(20,692	)	$	—	$	6,109	$	(6,109	)	$	—

The amounts earned and owed under the swap agreements are accrued each period and are reported in interest expense. There was no ineffectiveness recognized in any of the periods presented.


		Fair Value at		Fair Value at
	Balance Sheet Location	October 30, 2010		October 31, 2009

Interest rate swap agreements	Other assets	$	26,801	$	6,109
Forward foreign currency exchange contracts	Prepaid expenses and other current assets	$	7,542	$	8,400

The effect of derivative instruments designated as cash flow hedges on the condensed consolidated statements of income for fiscal 2010 and fiscal 2009 are as follows:


	October 30, 2010			October 31, 2009

(Loss) gain recognized in OCI on derivative (net of tax of $449 in 2010 and $2,278 in 2009)	$	(1,339	)	$	16,215
Loss reclassified from OCI into income (net of tax of $458 in 2010 and $1,609 in 2009)	$	1,863		$	9,657

The amounts reclassified into earnings before tax are recognized in cost of sales and operating expenses as follows:


	October 30, 2010			October 31, 2009

Cost of sales	$	(112	)	$	4,920
Research and development	$	1,259		$	3,564
Selling, marketing, general and administrative	$	1,174		$	2,782

Accumulated Derivative Gains or Losses


	2010			2009

Balance at beginning of year	$	5,609		$	(20,263	)
Changes in fair value of derivatives — (loss) gain, net of tax		(1,339	)		16,215
Reclassifications into earnings from other comprehensive loss, net of tax		1,863			9,657

Balance at end of year	$	6,133		$	5,609

All of the accumulated gain will be reclassified into earnings over the next twelve months.

Fair Value

Level 1 — Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date.


	October 30, 2010						October 31, 2009
	Fair Value measurement at						Fair Value measurement at
	Reporting Date using:						Reporting Date using:
	Quoted						Quoted
	Prices in						Prices in
	Active						Active
	Markets		Significant				Markets		Significant
	for		Other				for		Other
	Identical		Observable				Identical		Observable
	Assets		Inputs				Assets		Inputs
	(Level 1)		(Level 2)		Total		(Level 1)		(Level 2)		Total

Assets
Cash equivalents:
Available-for-sale:
Institutional money market funds	$	921,034	$	—	$	921,034	$	553,295	$	—	$	553,295
Corporate obligations		—		99,959		99,959		—		50,981		50,981
Short — term investments:
Available-for-sale:
Securities with one year or less to maturity:
Corporate obligations(1)		—		1,520,220		1,520,220		—		1,136,244		1,136,244
Floating rate notes, issued at par		—		50,000		50,000		—		40,000		40,000
Securities with greater than one year to maturity:
Floating rate notes(1)		—		17,548		17,548		—		—		—
Other assets:
Forward foreign currency exchange contracts(2)		—		7,256		7,256		—		8,367		8,367
Deferred compensation investments		8,690		—		8,690		7,943		—		7,943
Other investments		1,317		—		1,317		1,485		—		1,485
Interest rate swap agreements		—		26,801		26,801		—		6,109		6,109

Total assets measured at fair value	$	931,041	$	1,721,784	$	2,652,825	$	562,723	$	1,241,701	$	1,804,424

Liabilities
Long-term debt(3)	$	—	$	400,635	$	400,635	$	—	$	379,626	$	379,626

Total liabilities measured at fair value	$	—	$	400,635	$	400,635	$	—	$	379,626	$	379,626


(1)		The amortized cost of the Company’s investments classified as available-for-sale as of October 30, 2010 and October 31, 2009 was $1,639.1 million and $1,187.9 million, respectively.

(2)		The Company has a master netting arrangement by counterparty with respect to derivative contracts. In fiscal 2010, contracts in a liability position of $0.8 million were netted against contracts in an asset position in the condensed consolidated balance sheets. In fiscal 2009, contracts in a liability position of $0.1 million were netted against contracts in an asset position in the condensed consolidated balance sheets.

(3)		Equal to the accreted notional value of the debt plus the mark-to-market of the interest rate component of the long-term debt to fair value. The fair value of the long-term debt as of October 30, 2010 and October 31, 2009 was $416.3 million and $389.5 million, respectively.

The following methods and assumptions were used by the Company in estimating its fair value disclosures for financial instruments:

Deferred compensation plan investments and other investments — The fair value of these mutual fund, money market fund and equity investments are based on quoted market prices.

Long-term debt — The fair value of long-term debt is based on quotes received from third party banks.

Use of Estimates

Concentrations of Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of investments and trade accounts receivable.

Concentration of Other Risks

Revenue Recognition

Shipping costs are charged to cost of sales as incurred.

Accumulated Other Comprehensive (Loss) Income


	2010			2009

Accumulated other comprehensive loss — pension plans:
Transition obligation	$	(129	)	$	(49	)
Net actuarial loss		(38,839	)		(8,688	)
Unrealized gains on available-for-sale securities		822			932
Unrealized losses on available-for-sale securities		(191	)		(576	)
Foreign currency translation		(1,391	)		(7,476	)
Unrealized gains on derivative instruments		6,133			5,609

Total accumulated other comprehensive loss	$	(33,595	)	$	(10,248	)

Advertising Expense

Advertising costs are expensed as incurred. Advertising expense was $3.7 million in fiscal 2010, $5.2 million in fiscal 2009 and $10.0 million in fiscal 2008.

Income Taxes

Earnings Per Share of Common Stock

The following table sets forth the computation of basic and diluted earnings per share:


	2010		2009		2008

Income from continuing operations, net of tax	$	711,225	$	247,408	$	525,177

Total income from discontinued operations, net of tax		859		364		261,107

Net income	$	712,084	$	247,772	$	786,284

Basic shares:
Weighted average shares outstanding		297,387		291,385		292,688

Earnings per share-basic:
Income from continuing operations, net of tax	$	2.39	$	0.85	$	1.79

Total income from discontinued operations, net of tax		0.00		0.00		0.89

Net income(1)	$	2.39	$	0.85	$	2.69

Diluted shares:
Weighted average shares outstanding		297,387		291,385		292,688
Assumed exercise of common stock equivalents		8,474		1,313		4,422

Weighted average common and common equivalent shares		305,861		292,698		297,110

Earnings per share-diluted:
Income from continuing operations, net of tax	$	2.33	$	0.85	$	1.77

Total income from discontinued operations, net of tax		0.00		0.00		0.88

Net income	$	2.33	$	0.85	$	2.65

Weighted average anti-dilutive shares related to:
Outstanding stock options		18,206		55,827		57,364


(1)		The sum of the individual per share amounts may not equal due to rounding.

Stock-Based Compensation

See Note 3 for additional information relating to stock-based compensation.

Adoption of ASU No. 2009-14

Revenue Arrangements That Include Software Elements

Adoption of ASU No. 2009-13

Multiple-Deliverable Revenue Arrangements

Adoption of ASU No. 2009-17

Variable Interest Entities

Adoption of ASU No. 2009-16

Transfers of Financial Assets

Discontinued Operations


	2010		2009			2008

Total revenue	$	—	$	10,332		$	115,600
Cost of sales		—		10,847			95,070
Operating expenses		—		16			14,951
Gain on sale of discontinued operations		1,316		—			362,594

Income (loss) before income taxes		1,316		(531	)		368,173

Provision for (benefit from) income taxes		457		(895	)		107,066

Income from discontinued operations, net of tax	$	859	$	364		$	261,107


	October 30, 2010		October 31, 2009

Refundable foreign withholding tax	$	—	$	62,037

Total assets reclassified to non-current assets of discontinued operations	$	—	$	62,037

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Oct. 30, 2010

Summary of Significant Accounting Policies (Tables) [Abstract]

Unrealized gains and losses on available-for-sale securities classified as short-term investments


	2010			2009

Unrealized gains on securities classified as short-term investments	$	165		$	128
Unrealized losses on securities classified as short-term investments		(217	)		(124	)

Net unrealized (losses) gains on securities classified as short-term investments	$	(52	)	$	4

Cash and Equivalents and Short-term Investments


	2010		2009

Cash and cash equivalents:
Cash	$	37,460	$	30,744
Available-for-sale		1,020,993		604,276
Held-to-maturity		11,547		4,709

Total cash and cash equivalents	$	1,070,000	$	639,729

Short-term investments:
Available-for-sale	$	1,587,768	$	1,176,244
Held-to-maturity (less than one year to maturity)		30,000		—

Total short-term investments	$	1,617,768	$	1,176,244

Supplemental Cash Flow Statement Information


	2010		2009		2008

Cash paid during the fiscal year for:
Income taxes	$	137,149	$	60,609	$	201,974
Interest	$	9,603	$	2,502	$	—

Inventories


	2010		2009

Raw materials	$	22,008	$	13,373
Work in process		171,390		173,696
Finished goods		84,080		66,092

Total inventories	$	277,478	$	253,161

Useful lives of plant, property and equipment


Buildings & building equipment		Up to 25 years
Machinery & equipment		3-8 years
Office equipment		3-8 years

Changes in goodwill


	2010		2009

Balance at beginning of year	$	250,881	$	235,175
Acquisition of AudioAsics(1)		—		3,071
Acquisition of Integrant Technologies(2)		—		2,098
Foreign currency translation adjustment		4,699		10,537

Balance at end of year	$	255,580	$	250,881


(1)		The Company made its final milestone payment related to this 2006 acquisition during fiscal 2009.

(2)		The Company purchased the remaining outstanding minority shares related to this 2006 acquisition during fiscal 2009.

Intangible assets


	October 30, 2010				October 31, 2009
	Gross				Gross
	Carrying		Accumulated		Carrying		Accumulated
	Amount		Amortization		Amount		Amortization

Technology-based	$	7,166	$	6,323	$	23,326	$	17,615
Customer relationships		2,858		2,358		5,103		3,959

Total	$	10,024	$	8,681	$	28,429	$	21,574

Expected future amortization expense for intangible assets


Fiscal Year	Amortization Expense

2011	$	1,343

Net gain or loss on the hedged item


Income Statement	October 30, 2010							October 31, 2009
Classification	Gain on Swaps		Loss on Note			Net Income Effect		Gain on Swaps		Loss on Note			Net Income Effect

Other income	$	20,692	$	(20,692	)	$	—	$	6,109	$	(6,109	)	$	—

Fair value of hedging instruments:


		Fair Value at		Fair Value at
	Balance Sheet Location	October 30, 2010		October 31, 2009

Interest rate swap agreements	Other assets	$	26,801	$	6,109
Forward foreign currency exchange contracts	Prepaid expenses and other current assets	$	7,542	$	8,400

Cash Flow Hedge Reclassified into Earnings


	October 30, 2010			October 31, 2009

(Loss) gain recognized in OCI on derivative (net of tax of $449 in 2010 and $2,278 in 2009)	$	(1,339	)	$	16,215
Loss reclassified from OCI into income (net of tax of $458 in 2010 and $1,609 in 2009)	$	1,863		$	9,657

Effect of derivative instruments designated as cash flow hedges


	October 30, 2010			October 31, 2009

Cost of sales	$	(112	)	$	4,920
Research and development	$	1,259		$	3,564
Selling, marketing, general and administrative	$	1,174		$	2,782

Summary of activity in accumulated other comprehensive (loss) income related to derivatives


	2010			2009

Balance at beginning of year	$	5,609		$	(20,263	)
Changes in fair value of derivatives — (loss) gain, net of tax		(1,339	)		16,215
Reclassifications into earnings from other comprehensive loss, net of tax		1,863			9,657

Balance at end of year	$	6,133		$	5,609

Fair value of financial assets and liabilities


	October 30, 2010						October 31, 2009
	Fair Value measurement at						Fair Value measurement at
	Reporting Date using:						Reporting Date using:
	Quoted						Quoted
	Prices in						Prices in
	Active						Active
	Markets		Significant				Markets		Significant
	for		Other				for		Other
	Identical		Observable				Identical		Observable
	Assets		Inputs				Assets		Inputs
	(Level 1)		(Level 2)		Total		(Level 1)		(Level 2)		Total

Assets
Cash equivalents:
Available-for-sale:
Institutional money market funds	$	921,034	$	—	$	921,034	$	553,295	$	—	$	553,295
Corporate obligations		—		99,959		99,959		—		50,981		50,981
Short — term investments:
Available-for-sale:
Securities with one year or less to maturity:
Corporate obligations(1)		—		1,520,220		1,520,220		—		1,136,244		1,136,244
Floating rate notes, issued at par		—		50,000		50,000		—		40,000		40,000
Securities with greater than one year to maturity:
Floating rate notes(1)		—		17,548		17,548		—		—		—
Other assets:
Forward foreign currency exchange contracts(2)		—		7,256		7,256		—		8,367		8,367
Deferred compensation investments		8,690		—		8,690		7,943		—		7,943
Other investments		1,317		—		1,317		1,485		—		1,485
Interest rate swap agreements		—		26,801		26,801		—		6,109		6,109

Total assets measured at fair value	$	931,041	$	1,721,784	$	2,652,825	$	562,723	$	1,241,701	$	1,804,424

Liabilities
Long-term debt(3)	$	—	$	400,635	$	400,635	$	—	$	379,626	$	379,626

Total liabilities measured at fair value	$	—	$	400,635	$	400,635	$	—	$	379,626	$	379,626


(1)		The amortized cost of the Company’s investments classified as available-for-sale as of October 30, 2010 and October 31, 2009 was $1,639.1 million and $1,187.9 million, respectively.

(2)		The Company has a master netting arrangement by counterparty with respect to derivative contracts. In fiscal 2010, contracts in a liability position of $0.8 million were netted against contracts in an asset position in the condensed consolidated balance sheets. In fiscal 2009, contracts in a liability position of $0.1 million were netted against contracts in an asset position in the condensed consolidated balance sheets.

(3)		Equal to the accreted notional value of the debt plus the mark-to-market of the interest rate component of the long-term debt to fair value. The fair value of the long-term debt as of October 30, 2010 and October 31, 2009 was $416.3 million and $389.5 million, respectively.

Components of accumulated other comprehensive (loss) income


	2010			2009

Accumulated other comprehensive loss — pension plans:
Transition obligation	$	(129	)	$	(49	)
Net actuarial loss		(38,839	)		(8,688	)
Unrealized gains on available-for-sale securities		822			932
Unrealized losses on available-for-sale securities		(191	)		(576	)
Foreign currency translation		(1,391	)		(7,476	)
Unrealized gains on derivative instruments		6,133			5,609

Total accumulated other comprehensive loss	$	(33,595	)	$	(10,248	)

Earnings per share


	2010		2009		2008

Income from continuing operations, net of tax	$	711,225	$	247,408	$	525,177

Total income from discontinued operations, net of tax		859		364		261,107

Net income	$	712,084	$	247,772	$	786,284

Basic shares:
Weighted average shares outstanding		297,387		291,385		292,688

Earnings per share-basic:
Income from continuing operations, net of tax	$	2.39	$	0.85	$	1.79

Total income from discontinued operations, net of tax		0.00		0.00		0.89

Net income(1)	$	2.39	$	0.85	$	2.69

Diluted shares:
Weighted average shares outstanding		297,387		291,385		292,688
Assumed exercise of common stock equivalents		8,474		1,313		4,422

Weighted average common and common equivalent shares		305,861		292,698		297,110

Earnings per share-diluted:
Income from continuing operations, net of tax	$	2.33	$	0.85	$	1.77

Total income from discontinued operations, net of tax		0.00		0.00		0.88

Net income	$	2.33	$	0.85	$	2.65

Weighted average anti-dilutive shares related to:
Outstanding stock options		18,206		55,827		57,364


(1)		The sum of the individual per share amounts may not equal due to rounding.

Income statement for discontinued operations


	2010		2009			2008

Total revenue	$	—	$	10,332		$	115,600
Cost of sales		—		10,847			95,070
Operating expenses		—		16			14,951
Gain on sale of discontinued operations		1,316		—			362,594

Income (loss) before income taxes		1,316		(531	)		368,173

Provision for (benefit from) income taxes		457		(895	)		107,066

Income from discontinued operations, net of tax	$	859	$	364		$	261,107

Reclassification of assets and liability due to discontinued operations


	October 30, 2010		October 31, 2009

Refundable foreign withholding tax	$	—	$	62,037

Total assets reclassified to non-current assets of discontinued operations	$	—	$	62,037

Stock-Based Compensation and Shareholders' Equity (Tables)

12 Months Ended

Oct. 30, 2010

Stock-Based Compensation and Shareholders' Equity (Tables) [Abstract]

Information pertaining to the Company's stock option awards and the related estimated weighted-average assumptions to calculate the fair value of stock options granted


				2009 Excluding
				Option
				Exchange
	2010			Program			2009*			2008

Options granted (in thousands)		1,866			5,675			20,873			5,827
Weighted-average exercise price-stock options	$	31.49		$	19.63		$	25.74		$	29.79
Weighted-average grant date fair value-stock options	$	7.77		$	7.42		$	5.97		$	7.90
Assumptions:
Weighted-average expected volatility		31.4	%		58.8	%		41.3	%		32.4	%
Weighted-average expected term (in years)		5.3			5.3			4.7			5.1
Risk-free interest rate		2.5	%		1.7	%		1.4	%		3.2	%
Expected dividend yield		2.6	%		4.1	%		3.2	%		2.4	%


*		Includes options granted under the stock option exchange program which is described below.

Summary of the activity under the Company's stock option plans


						Weighted-
				Weighted-		Average
				Average		Remaining
	Options			Exercise Price		Contractual		Aggregate
	Outstanding			Per Share		Term in Years		Intrinsic Value

Options outstanding at October 31, 2009		52,463		$	29.71
Options granted		1,866		$	31.49
Options exercised		(8,811	)	$	27.28
Options forfeited		(1,118	)	$	27.55
Options expired		(1,321	)	$	45.19

Options outstanding October 30, 2010		43,079		$	29.87		4.6	$	238,467

Options exercisable at October 30, 2010		24,994		$	31.85		3.3	$	118,811
Options vested or expected to vest October 30, 2010(1)		41,975		$	29.95		4.5	$	230,805


(1)		In addition to the vested options, the Company expects a portion of the unvested options to vest at some point in the future. Options expected to vest is calculated by applying an estimated forfeiture rate to the unvested options.

Summary of the Company's restricted stock and restricted stock unit award activity


	Restricted			Weighted-
	Stock			Average Grant-
	Units			Date Fair Value
	Outstanding			Per Share

Restricted stock units outstanding at October 31, 2009		135		$	22.19
Units granted		1,171		$	28.86
Restrictions lapsed		(19	)	$	24.70
Units forfeited		(22	)	$	29.10

Restricted stock units outstanding at October 30, 2010		1,265		$	28.21

Industry, Segment and Geographic Information (Tables)

12 Months Ended

Oct. 30, 2010

Industry, Segment and Geographic Information (Tables) [Abstract]

Revenue Trends by End Market


	2010								2009					2008
			% of								% of					% of
			Total								Total					Total
			Product								Product					Product
	Revenue		Revenue*			Y/Y%			Revenue		Revenue			Revenue		Revenue

Industrial	$	1,266,423		46	%		48	%	$	857,950		43	%	$	1,143,333		44	%
Automotive		333,045		12	%		66	%		200,989		10	%		255,172		10	%
Consumer		513,348		19	%		23	%		417,652		21	%		538,202		21	%
Communications		595,709		22	%		21	%		493,409		24	%		559,006		22	%
Computer		52,978		2	%		18	%		44,908		2	%		87,218		3	%

Total Revenue	$	2,761,503		100	%		37	%	$	2,014,908		100	%	$	2,582,931		100	%


*		The sum of the individual percentages do not equal the total due to rounding.

Revenue Trends by Product Type.


	2010								2009					2008
			% of								% of					% of
			Total								Total					Total
			Product								Product					Product
	Revenue		Revenue			Y/Y%			Revenue		Revenue*			Revenue		Revenue*

Converters	$	1,286,344		47	%		29	%	$	999,227		50	%	$	1,235,378		48	%
Amplifiers/ Radio frequency		703,082		25	%		40	%		502,972		25	%		666,893		26	%
Other analog		342,473		12	%		55	%		221,110		11	%		272,950		11	%

Subtotal analog signal processing		2,331,899		84	%		35	%		1,723,309		86	%		2,175,221		84	%

Power management & reference		194,761		7	%		65	%		118,258		6	%		143,572		6	%

Total analog products	$	2,526,660		91	%		37	%	$	1,841,567		91	%	$	2,318,793		90	%

Digital signal processing		234,843		9	%		35	%		173,341		9	%		264,138		10	%

Total Revenue	$	2,761,503		100	%		37	%	$	2,014,908		100	%	$	2,582,931		100	%


*		The sum of the individual percentages do not equal the total due to rounding.

Revenue Trends by Geographic Region


	2010		2009		2008

Revenue from continuing operations
United States	$	508,187	$	401,608	$	524,197

Rest of North and South America		153,962		92,954		97,449
Europe		703,717		502,602		679,778
Japan		441,826		349,907		503,059
China		508,489		376,080		401,060
Rest of Asia		445,322		291,757		377,388

Subtotal all foreign countries		2,253,316		1,613,300		2,058,734

Total revenue	$	2,761,503	$	2,014,908	$	2,582,931

Property, plant and equipment
United States	$	188,776	$	204,758	$	251,616

Ireland		139,165		155,428		186,487
Philippines		131,963		103,209		116,622
All other countries		12,761		13,121		12,714

Subtotal all foreign countries		283,889		271,758		315,823

Total property, plant and equipment	$	472,665	$	476,516	$	567,439

Special Charges (Tables)

12 Months Ended

Oct. 30, 2010

Special Charges (Tables) [Abstract]

Summary of the Company's special charges (Income Statement)


				Consolidation
	Closure of Wafer			of a Wafer				Closure of Wafer
	Fabrication			Fabrication		Reduction of		Fabrication		Total
	Facility			Facility in		Operating		Facility		Special
Income Statement	in Sunnyvale			Limerick		Costs		in Cambridge		Charges

Fiscal 2005 Charges:
Workforce reductions	$	20,315		$	—	$	—	$	—	$	20,315

Total Fiscal 2005 Charges	$	20,315		$	—	$	—	$	—	$	20,315

Fiscal 2006 Charges:
Change in estimate		(2,029	)		—		—		—		(2,029	)

Total Fiscal 2006 Charges	$	(2,029	)	$	—	$	—	$	—	$	(2,029	)

Fiscal 2007 Charges:
Facility closure costs		10,288			—		—		—		10,288
Workforce reductions		—			13,748		—		—		13,748

Total Fiscal 2007 Charges	$	10,288		$	13,748	$	—	$	—	$	24,036

Fiscal 2008 Charges:
Workforce reductions		—			—		1,627		—		1,627
Change in estimate		—			1,461		—		—		1,461

Total Fiscal 2008 Charges	$	—		$	1,461	$	1,627	$	—	$	3,088

Fiscal 2009 Charges:
Workforce reductions		—			—		26,583		7,446		34,029
Facility closure costs		—			1,191		2,411		57		3,659
Non-cash impairment charge		—			—		839		14,629		15,468
Other items		—			—		500		—		500

Total Fiscal 2009 Charges	$	—		$	1,191	$	30,333	$	22,132	$	53,656

Workforce reductions		—			—		10,908		—		10,908
Facility closure costs		375			—		—		4,689		5,064
Non-cash impairment charge		—			—		487		—		487
Other items		—			—		24		—		24

Total Fiscal 2010 Charges	$	375		$		$	11,419	$	4,689	$	16,483

Summary of the Company's special charges and accruals (Balance Sheet)


				Consolidation
	Closure of Wafer			of a Wafer						Closure of Wafer
	Fabrication			Fabrication			Reduction of			Fabrication			Total
	Facility			Facility in			Operating			Facility			Special
Accrued Restructuring	in Sunnyvale			Limerick			Costs			in Cambridge			Charges

Balance at November 3, 2007	$	4,002		$	13,748		$	—		$	—		$	17,750

Fiscal 2008 special charges		—			1,461			1,627			—			3,088
Severance payments		(253	)		(1,727	)		(126	)		—			(2,106	)
Facility closure costs		(2,002	)		(279	)		—			—			(2,281	)
Effect of foreign currency on accrual		—			(1,449	)		—			—			(1,449	)

Balance at November 1, 2008	$	1,747		$	11,754		$	1,501		$	—		$	15,002

Fiscal 2009 special charges		—			1,191			30,333			22,132			53,656
Severance payments		—			(11,802	)		(21,156	)		(756	)		(33,714	)
Facility closure costs		(1,578	)		(1,164	)		(1,195	)		(57	)		(3,994	)
Non-cash impairment charge		—			—			(839	)		(14,629	)		(15,468	)
Other payments		—			—			(503	)		—			(503	)
Effect of foreign currency on accrual		—			333			20			—			353

Balance at October 31, 2009	$	169		$	312		$	8,161		$	6,690		$	15,332

Fiscal 2010 special charges		375			—			11,419			4,689			16,483
Severance payments		—			(302	)		(12,223	)		(5,337	)		(17,862	)
Facility closure costs		(544	)		—			(1,216	)		(4,079	)		(5,839	)
Non-cash impairment charge		—			—			(487	)		—			(487	)
Other payments		—			—			(24	)		—			(24	)
Effect of foreign currency on accrual		—			(10	)		(84	)		—			(94	)

Balance at October 30, 2010	$	—		$	—		$	5,546		$	1,963		$	7,509

Deferred Compensation Plan Investments (Tables)

12 Months Ended

Oct. 30, 2010

Deferred Compensation Plan Investments (Tables) [Abstract]

The components of investments


	2010		2009

Money market funds	$	1,840	$	1,730
Mutual funds		6,850		6,213

Total Deferred Compensation Plan investments — short and long-term	$	8,690	$	7,943

Other Investments (Tables)

12 Months Ended

Oct. 30, 2010

Other Investments (Tables) [Abstract]

Unrealized gains and losses on securities classified as other investments


	2010		2009

Unrealized gains	$	1,041	$	1,258
Unrealized losses		—		(718	)

Net unrealized gains on securities classified as other investments	$	1,041	$	540

Accrued Liabilities (Tables)

12 Months Ended

Oct. 30, 2010

Accrued Liabilities (Tables) [Abstract]

Accrued Liabilities


	2010		2009

Accrued compensation and benefits	$	128,113	$	58,272
Special charges		7,509		15,332
Other		71,465		48,589

Total accrued liabilities	$	207,087	$	122,193

Lease Commitments (Tables)

12 Months Ended

Oct. 30, 2010

Lease Commitments (Tables) [Abstract]

Schedule of future minimum rental payments required under long-term operating leases


	Operating
Fiscal Years	Leases

2011	$	21,871
2012		12,322
2013		9,078
2014		6,381
2015		5,422
Later Years		30,655

Total	$	85,729

Retirement Plans (Tables)

12 Months Ended

Oct. 30, 2010

Retirement Plans (Tables) [Abstract]

Net annual periodic pension cost


	2010			2009			2008

Service cost	$	5,933		$	6,368		$	9,580
Interest cost		9,594			9,525			10,234
Expected return on plan assets		(11,079	)		(10,703	)		(12,312	)
Amortization of prior service cost		1			5			8
Amortization of transitional asset		(27	)		(40	)		(44	)
Recognized actuarial (gain) loss		(133	)		(519	)		189

Subtotal	$	4,289		$	4,636		$	7,655

Curtailment impact	$	—		$	—		$	1
Settlement impact		(39	)		207			—
Special termination benefits					281			15

Net periodic pension cost	$	4,250		$	5,124		$	7,671

Obligation and asset data of the Company's non-U.S. plans


	2010			2009

Change in Benefit Obligation
Benefit obligation at beginning of year	$	165,047		$	149,428
Adjustments due to change in defined benefit plans measurement date:
a. Service cost and interest cost during gap period		—			1,204
b. Additional experience during gap period		—			(10,099	)
c. Gap period benefit payments from plan, employee contributions, expenses, taxes and premiums paid		—			(1,222	)
Service cost		5,933			6,368
Interest cost		9,594			9,525
Settlement		—			(2,816	)
Special termination benefits		—			281
Participant contributions		2,378			2,496
Transfers		—			(1,298	)
Premiums paid		(81	)		(201	)
Actuarial loss (gain)		40,227			(3,244	)
Benefits paid		(3,170	)		(3,925	)
Exchange rate adjustment		(4,916	)		18,550

Benefit obligation at end of year	$	215,012		$	165,047

Change in Plan Assets
Fair value of plan assets at beginning of year	$	135,643		$	120,914
Adjustments due to change in defined benefit plans measurement date:
a. Additional experience during gap period		—			(9,807	)
b. Gap period benefit payments from plan, employee contributions, expenses, taxes and premiums paid		—			(1,222	)
Actual return on plan assets		17,480			8,839
Employer contributions		28,433			7,639
Participant contributions		2,378			2,496
Settlements		—			(2,816	)
Acquisitions/divestitures		—			(1,298	)
Premiums paid		(81	)		(201	)
Benefits paid		(3,170	)		(3,925	)
Exchange rate adjustment		(4,463	)		15,024

Fair value of plan assets at end of year	$	176,220		$	135,643

Reconciliation of Funded Status
Funded status	$	(38,792	)	$	(29,404	)

Amounts Recognized in the Balance Sheet
Non-current assets	$	4,160		$	—
Current liabilities		(520	)		(832	)
Non-current liabilities		(42,432	)		(28,572	)

Net amount recognized	$	(38,792	)	$	(29,404	)

Reconciliation of Amounts Recognized in the Statement of Financial Position
Initial net obligation	$	(138	)	$	(93	)
Prior service cost		—			(1	)
Net loss		(45,467	)		(10,720	)

Accumulated other comprehensive loss		(45,605	)		(10,814	)
Accumulated contributions in excess of net periodic cost (benefit)		6,813			(18,590	)

Net amount recognized	$	(38,792	)	$	(29,404	)

Changes Recognized in Other Comprehensive Income
Changes in plan assets and benefit obligations recognized in other comprehensive income
Net loss (gain) arising during the year (includes curtailment gains not recognized as a component of net periodic cost)	$	33,828		$	(1,380	)
Effect of exchange rates on amounts included in accumulated other comprehensive income		765			843
Amounts recognized as a component of net periodic benefit cost
Amortization, settlement or curtailment recognition of net transition asset		27			40
Amortization or curtailment recognition of prior service cost		(1	)		(5	)
Amortization or settlement recognition of net gain		172			312

Total recognized in other comprehensive loss (income)	$	34,791		$	(190	)

Total recognized in net periodic cost and other comprehensive loss	$	39,041		$	4,934

Changes recognized in balance sheet
Balance sheet recognition of change in defined benefit plans measurement date
Amortization amounts during gap period	$	—		$	21
Experience gain during gap period		—			574

Total	$	—		$	595

Estimated amounts that will be amortized from accumulated other comprehensive (loss) income over the next fiscal year
Initial net asset	$	(15	)	$	33
Prior service cost		—			(1	)
Net (loss) gain		(1,625	)		113

Total	$	(1,640	)	$	145

Projected Benefit Obligation and Accumulated Benefit Obligations in excess of Plan Assets


	2010		2009

Plans with projected benefit obligations in excess of plan assets:
Projected benefit obligation	$	188,741	$	165,047
Fair value of plan assets	$	145,789	$	135,643
Plans with accumulated benefit obligations in excess of plan assets:
Projected benefit obligation	$	23,278	$	42,549
Accumulated benefit obligation	$	19,360	$	38,701
Fair value of plan assets	$	602	$	19,473

Projected benefit obligation


	2010			2009

Discount rate		5.33	%		6.32	%
Rate of increase in compensation levels		3.40	%		3.72	%

Net annual periodic pension cost determined using weighted average assumptions


	2010			2009

Discount rate		6.32	%		6.60	%
Expected long-term return on plan assets		6.73	%		7.16	%
Rate of increase in compensation levels		3.72	%		3.87	%

Plan assets measured at fair value on a recurring basis by investment categories


	October 30, 2010
	Fair Value measurement at Reporting Date using:
	Quoted
	Prices in
	Active		Significant
	Markets for		Other
	Identical		Observable		Unobservable
	Assets		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Total

Unit trust funds(1)	$	—	$	131,650	$	—	$	131,650
Equities(1)		1,589		19,963		—		21,552
Fixed income securities(2)		—		19,214		—		19,214
Property(3)		—		—		3,186		3,186
Cash and cash equivalents		618		—		—		618

Total assets measured at fair value	$	2,207	$	170,827	$	3,186	$	176,220


(1)		The majority of the assets in these categories are invested in a mix of equities, including those from North America, Europe and Asia. The funds are valued using the net asset value method in which an average of the market prices for underlying investments is used to value the fund. Due to the nature of the underlying assets of these funds, changes in market conditions and the economic environment may significantly impact the net asset value of these investments and, consequently, the fair value of the investments. These investments are redeemable at net asset value to the extent provided in the documentation governing the investments. However, these redemption rights may be restricted in accordance with governing documents. Publicly traded securities are valued at the last trade or closing price reported in the active market in which the individual securities are traded.

(2)		The majority of the assets in this category are invested in non-U.S. debt instruments. The funds are valued using the net asset value method in which an average of the market prices for underlying investments is used to value the fund.

(3)		The majority of the assets in this category are invested in properties in Ireland, the UK, Europe and established international markets. Investments in properties are stated at estimated fair values based upon valuations by external independent property valuers.

Defined benefit plan fair value of plan assets level three reconciliation


	Real Estate

Balance as of October 31, 2009	$	2,340
Purchases, sales, and settlements, net		899
Realized and unrealized return on plan assets		(53	)

Balance as of October 30, 2010	$	3,186

Expected Company contributions and estimated future benefit payments


Expected Company Contributions
2011	$	8,965
Expected Benefit Payments
2011	$	3,383
2012	$	4,411
2013	$	6,025
2014	$	5,786
2015	$	5,176
2016-2018	$	33,966

Income Taxes (Tables)

12 Months Ended

Oct. 30, 2010

Income Taxes (Tables) [Abstract]

Reconciliation of income tax computed at the U.S. federal statutory rates to income tax expense


	2010			2009			2008

U.S. federal statutory tax rate		35.0	%		35.0	%		35.0	%
Income tax provision reconciliation:
Tax at statutory rate:	$	315,583		$	104,105		$	233,136
Irish income subject to lower tax rate		(129,741	)		(50,972	)		(92,732	)
State income taxes, net of federal benefit		2,622			406			1,150
Research and development tax credits		(1,045	)		(5,153	)		(3,401	)
Net foreign tax in excess of U.S. federal statutory tax rate		1,315			1,123			2,350
Other, net		1,706			527			422

Total income tax provision	$	190,440		$	50,036		$	140,925

Components of income before income taxes


	2010		2009		2008

Pretax income:
Domestic	$	289,748	$	1,133	$	186,130
Foreign		611,917		296,311		479,972

Income from continuing operations before income taxes	$	901,665	$	297,444	$	666,102

Components of the provision for income taxes


	2010			2009			2008

Current:
Federal tax (benefit)	$	117,097		$	(5,191	)	$	79,642
Foreign		79,055			43,007			70,882
State		4,154			625			1,770

Total current	$	200,306		$	38,441		$	152,294

Deferred (prepaid):
Federal	$	(6,332	)	$	17,033		$	(7,268	)
Foreign		(3,534	)		(5,438	)		(4,101	)

Total deferred	$	(9,866	)	$	11,595		$	(11,369	)

Significant components of the Company's deferred tax assets and liabilities


	2010			2009

Deferred tax assets:
Inventory reserves	$	24,495		$	30,365
Deferred income on shipments to distributors		32,870			25,775
Reserves for compensation and benefits		26,199			25,182
Tax credit carryovers		50,384			52,443
Stock-based compensation		75,827			62,496
Depreciation		4,553			4,163
Other		1,251			3,578

Total gross deferred tax assets		215,579			204,002
Valuation allowance		(50,384	)		(51,616	)

Total deferred tax assets		165,195			152,386

Deferred tax liabilities:
Depreciation		(12,185	)		(13,498	)
Undistributed earnings of foreign subsidiaries		(24,229	)		(18,853	)
Other		(3,106	)		(3,881	)

Total gross deferred tax liabilities		(39,520	)		(36,232	)

Net deferred tax assets	$	125,675		$	116,154

Summary of changes in the total amounts of uncertain tax positions


Balance, November 3, 2007	$	9,889
Additions for tax positions of 2008		3,861

Balance, November 1, 2008		13,750
Additions for tax positions of 2009		4,411

Balance, October 31, 2009		18,161
Additions for tax positions of 2010		286

Balance, October 30, 2010	$	18,447

Supplementary Financial Information (Tables)

12 Months Ended

Oct. 30, 2010

Supplementary Financial Information (Tables) [Abstract]

Supplementary Financial Information

Quarterly financial information for fiscal 2010 and fiscal 2009 (thousands, except per share amounts and as noted):


	4Q10			3Q10			2Q10			1Q10			4Q09			3Q09			2Q09			1Q09

Revenue		769,990			720,290			668,240			602,983			571,600			491,991			474,748			476,569
Cost of sales		253,761			240,088			233,725			234,507			249,746			225,762			213,196			207,567

Gross margin		516,229			480,202			434,515			368,476			321,854			266,229			261,552			269,002
% of Revenue		67.0	%		66.7	%		65.0	%		61.1	%		56.3	%		54.1	%		55.1	%		56.4	%
Research and development		128,140			126,987			122,780			114,398			110,126			107,578			109,448			119,828
Selling, marketing, general and administrative		102,349			102,070			97,660			88,481			83,356			79,706			82,276			87,846
Special charges		—			—			—			16,483			—			—			11,919			41,737

Total operating expenses		230,489			229,057			220,440			219,362			193,482			187,284			203,643			249,411
Operating income from continuing operations		285,740			251,145			214,075			149,114			128,372			78,945			57,909			19,591
% of Revenue		37	%		35	%		32	%		25	%		22	%		16	%		12	%		4	%
Nonoperating (income) expenses:
Interest expense		2,709			2,614			2,568			2,538			2,726			1,368			—			—
Interest income		(2,426	)		(3,206	)		(2,025	)		(2,180	)		(1,740	)		(2,558	)		(3,527	)		(7,796	)
Other, net		(2,600	)		416			(488	)		489			160			108			(797	)		(571	)

Total nonoperating (income) expense		(2,317	)		(176	)		55			847			1,146			(1,082	)		(4,324	)		(8,367	)

Income from continuing operations before income taxes		288,057			251,321			214,020			148,267			127,226			80,027			62,233			27,958
% of Revenue		37	%		35	%		32	%		25	%		22	%		16	%		13	%		6	%
Provision for income taxes		63,063			51,830			46,880			28,667			21,617			14,567			10,479			3,373

Net income from continuing operations		224,994			199,491			167,140			119,600			105,609			65,460			51,754			24,585

Net income from discontinued operations		—			—			—			—			—			—			—			364
Gain on sale of discontinued operations		—			—			—			859			—			—			—			—

Net income		224,994			199,491			167,140			120,459			105,609			65,460			51,754			24,949

% of Revenue		29	%		28	%		25	%		20	%		18	%		13	%		11	%		5	%
Earnings per share — basic
Income from continuing operations		0.75			0.67			0.56			0.40			0.36			0.22			0.18			0.08
Net income		0.75			0.67			0.56			0.41			0.36			0.22			0.18			0.09
Earnings per share — diluted
Income from continuing operations		0.73			0.65			0.55			0.39			0.36			0.22			0.18			0.08
Net income		0.73			0.65			0.55			0.40			0.36			0.22			0.18			0.09
Shares used to compute earnings per share (in thousands):
Basic		298,228			298,027			297,825			295,469			291,739			291,387			291,227			291,187
Diluted		306,711			306,168			305,836			304,730			294,016			293,084			292,446			291,248
Dividends declared per share		0.22			0.22			0.20			0.20			0.20			0.20			0.20			0.20

Valuation and Qualifying Accounts (Tables)

12 Months Ended

Oct. 30, 2010

Valuation And Qualifying Accounts (Tables) [Abstract]

Valuation And Qualifying Accounts


	Balance at		Additions				Balance at
	Beginning of		Charged to				End of
Description	Period		Income Statement		Deductions		Period

Accounts Receivable Reserves and Allowances:
Year ended November 1, 2008	$	3,611	$	8,427	$	6,537	$	5,501

Year ended October 31, 2009	$	5,501	$	3,628	$	7,448	$	1,681

Year ended October 30, 2010	$	1,681	$	2,918	$	3,018	$	1,581

Principles of Consolidation (Details)	12 Months Ended
Principles of Consolidation (Details)	Oct. 30, 2010
Principles of Consolidation (Textuals) [Abstract]
Company's fiscal year, in weeks	The Company’s fiscal year is the 52-week or 53-week period ending on the Saturday closest to the last day in October. Fiscal years 2010, 2009 and 2008 were 52-week periods.

Cash, Cash Equivalents and Short-term Investments (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008	Nov. 03, 2007
Unrealized gains and losses on available-for-sale securities classified as short-term investments
Unrealized gains on securities classified as short term investments	$ 165	$ 128
Unrealized losses on securities classified as short-term investments	(217)	(124)
Net unrealized (losses) gains on securities classified as short-term investments	(52)	4
Cash and cash equivalents:
Cash	37,460	30,744
Total cash and cash equivalents	1,070,000	639,729	$ 593,599	$ 424,972
Short-term investments:
Available-for-sale	1,587,768	1,176,244
Held-to-maturity (less than one year to maturity)	30,000	0
Total short-term investments	1,617,768	1,176,244
Cash and Equivalents and Short-term Investments (Textuals) [Abstract]
Realized gains or losses during any fiscal year presented	0	0	0
Other than temporary impairments of short term investments	0	0	$ 0
Available-for-sale Securities [Member]
Cash and cash equivalents:
Cash equivalents	1,020,993	604,276
Held-to-maturity Securities [Member]
Cash and cash equivalents:
Cash equivalents	$ 11,547	$ 4,709

Supplemental Cash Flow Statement Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008
Cash paid during the fiscal year for:
Income taxes	$ 137,149	$ 60,609	$ 201,974
Interest	$ 9,603	$ 2,502

Inventories (Details) - USD ($)
$ in Thousands

Oct. 30, 2010

Oct. 31, 2009

Inventories

Raw materials

$ 22,008

$ 13,373

Work in process

171,390

173,696

Finished goods

84,080

66,092

Total inventories

^[1]

$ 277,478

$ 253,161

[1]	Includes $2,534 and $2,718 related to stock-based compensation at October 30, 2010 and October 31, 2009, respectively.

Property Plant and Equipment (Details) $ in Thousands	12 Months Ended
Property Plant and Equipment (Details) $ in Thousands	Oct. 30, 2010 USD ($)	Oct. 31, 2009 USD ($)	Nov. 01, 2008 USD ($)
Property Plant and Equipment (Textuals) [Abstract]
Depreciation expense from continuing operations of property, plant and equipment	$ 116,083	$ 132,493	$ 144,222
Building and Building Equipment [Member]
Useful lives of plant, property and equipment
Maximum	25
Machinery and Equipment [Member]
Useful lives of plant, property and equipment
Minimum	3
Maximum	8
Office Equipment [Member]
Useful lives of plant, property and equipment
Minimum	3
Maximum	8

Goodwill and Intangible Assets (Details)
$ in Thousands

12 Months Ended

Oct. 30, 2010

USD ($)

Oct. 31, 2009

USD ($)

Nov. 01, 2008

USD ($)

Changes in goodwill

Balance at beginning of year

$ 250,881

$ 235,175

Foreign currency translation adjustment

4,699

10,537

Balance at end of period

255,580

250,881

$ 235,175

Intangible assets

Gross Carrying Amount

10,024

28,429

Accumulated Amortization

8,681

21,574

Amortization expense for intangible assets

2011

1,343

Goodwill and Intangible Assets (Textuals) [Abstract]

Impairment of goodwill resulted

$ 0

Weighted average period

0.6

Amortization of intangibles

$ 4,828

7,377

$ 9,250

Technology-based [Member]

Intangible assets

Gross Carrying Amount

7,166

23,326

Accumulated Amortization

6,323

17,615

Customer Relationships [Member]

Intangible assets

Gross Carrying Amount

2,858

5,103

Accumulated Amortization

$ 2,358

3,959

Integrant Technologies, Inc. [Member]

Changes in goodwill

Acquisition of Goodwill

^[1]

2,098

AudioAsics A/S [Member]

Changes in goodwill

Acquisition of Goodwill

^[2]

$ 3,071

[1]	The Company purchased the remaining outstanding minority shares related to this 2006 acquisition during fiscal 2009
[2]	The Company made its final milestone payment related to this 2006 acquisition during fiscal 2009

Derivative Instruments and Hedging Agreements (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Jul. 31, 2010	Jul. 31, 2010	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008	Jun. 30, 2009
Net gain or loss on the hedged item
Net Income Effect			$ 0	$ 0
Effect of derivative instruments designated as cash flow hedges
(Loss) gain recognized in OCI on derivative (net of tax of $449 in 2010 and $2,278 in 2009)			(1,339)	16,215
Loss reclassified from OCI into income (net of tax of $458 in 2010 and $1,609 in 2009)			1,863	9,657
Summary of activity in accumulated other comprehensive (loss) income related to derivatives
Beginning Balance		$ 5,609	5,609	(20,263)
Changes in fair value of derivatives - (loss) gain, net of tax			(1,339)	16,215	$ (19,727)
Reclassifications into earnings from other comprehensive loss, net of tax			1,863	9,657	(6,848)
Ending Balance			6,133	5,609	$ (20,263)
Derivatives (Textuals) [Abstract]
Contracts period					One year or less
Interest rate on debt						5.00%
Immaterial ineffectiveness	There was no ineffectiveness during fiscal year ended October 30, 2010 or October 31, 2009	There was no ineffectiveness during fiscal year ended October 30, 2010 or October 31, 2009
Tax effect on (loss) gain recognized in OCI on derivative			449	2,278	$ 3,001
Tax effect on Loss reclassified from OCI into income			$ 458	1,609	$ 1,042
Period in which derivative gains and losses will be reclassified into earnings			within next 12 months
Cost of Sales [Member]
Effect of derivative instruments designated as cash flow hedges
Loss reclassified from OCI into income (net of tax of $458 in 2010 and $1,609 in 2009)			$ (112)	4,920
Research and Development [Member]
Effect of derivative instruments designated as cash flow hedges
Loss reclassified from OCI into income (net of tax of $458 in 2010 and $1,609 in 2009)			1,259	3,564
Marketing, general and administrative Expense [Member]
Effect of derivative instruments designated as cash flow hedges
Loss reclassified from OCI into income (net of tax of $458 in 2010 and $1,609 in 2009)			1,174	2,782
Forward Contracts [Member]
Fair value of hedging instruments
Forward foreign currency exchange contracts, Assets			$ 7,542	$ 8,400
Balance Sheet Location			Prepaid expenses and other current assets	Prepaid expenses and other current assets
Derivatives (Textuals) [Abstract]
Notional amount of undesignated hedges			$ 42,100	$ 38,000
Total notional amount of cash flow hedges denominated in Euros, British Pounds and Philippine Pesos			140,000	128,000
Interest Rate Swap [Member]
Net gain or loss on the hedged item
Gain on Swaps			$ 20,692	$ 6,109
Fair value of hedging instruments
Balance Sheet Location			Other assets	Other assets
Interest rate swap agreements			$ 26,801	$ 6,109
Derivatives (Textuals) [Abstract]
Face amount of the fixed rate debt			375,000	375,000
Hedge notional amount of the interest rate hedge derivative			$ 375,000	375,000
Number of installments						Paid in two installments on the 1st of every January and July, commencing January 1, 2010 through and ending on the maturity date
Floating interest rate			0.0234			An annual three-month Libor plus 2.05%
Fair value of the swaps at inception						$ 0
Note [Member]
Net gain or loss on the hedged item
Loss on Note			$ (20,692)	$ (6,109)
Senior Unsecured Debt [Member]
Derivatives (Textuals) [Abstract]
Face amount of the fixed rate debt						$ 375,000
Interest rate to be paid on long term notes						5.00%
Swap Receivable [Member]
Derivatives (Textuals) [Abstract]
Hedge notional amount of the interest rate hedge derivative			$ 375,000
annual interest receivable on notional amount of the swaps						5.00%
Number of installments			Paid in two installments on the 1st business day of every January and July commencing, January 1, 2010 through and ending on the maturity date

Fair Values of Financial Instruments (Details) - USD ($)
$ in Thousands

Oct. 30, 2010

Oct. 31, 2009

Available for sale:

Institutional money market funds

$ 921,034

$ 553,295

Securities with one year or less to maturity:

99,959

50,981

Floating rate notes, issued at par

^[1]

1,520,220

1,136,244

50,000

40,000

Securities with greater than one year to maturity:

Floating rate notes

^[1]

17,548

Forward foreign currency exchange contracts

^[2]

7,256

8,367

Deferred compensation investments

8,690

7,943

Interest rate swap agreements

1,317

1,485

26,801

6,109

Total assets measured at fair value

2,652,825

1,804,424

Liabilities

Total liabilities measured at fair value

^[3]

400,635

379,626

400,635

379,626

Fair Values of Financial Instruments (Textuals) [Abstract]

The amortized cost of the Company's investments classified as available-for-sale

1,639,100

1,187,900

Liability position of derivative contracts

800

100

Fair value of unsecured long term debt

416,300

389,500

Quoted Prices in Active Market for Identical Assets (Level 1) [Member]

Liabilities

Total liabilities measured at fair value

^[3]

Significant Other Observable Inputs (Level 2) [Member]

Liabilities

Total liabilities measured at fair value

^[3]

400,635

379,626

400,635

379,626

Quoted Prices in Active Market for Identical Assets (Level 1) [Member]

Available for sale:

Institutional money market funds

921,034

553,295

Securities with one year or less to maturity:

Floating rate notes, issued at par

^[1]

Securities with greater than one year to maturity:

Floating rate notes

^[1]

Forward foreign currency exchange contracts

^[2]

Deferred compensation investments

8,690

7,943

Interest rate swap agreements

1,317

1,485

Total assets measured at fair value

931,041

562,723

Significant Other Observable Inputs (Level 2) [Member]

Available for sale:

Institutional money market funds

Securities with one year or less to maturity:

99,959

50,981

Floating rate notes, issued at par

^[1]

1,520,220

1,136,244

50,000

40,000

Securities with greater than one year to maturity:

Floating rate notes

^[1]

17,548

Forward foreign currency exchange contracts

^[2]

7,256

8,367

Deferred compensation investments

Interest rate swap agreements

26,801

6,109

Total assets measured at fair value

$ 1,721,784

$ 1,241,701

[1]	The amortized cost of the Company's investments classified as available-for-sale as of October 30, 2010 and October 31, 2009 was $1,639.1 million and $1,187.9 million, respectively.
[2]	The Company has a master netting arrangement by counterparty with respect to derivative contracts. In fiscal 2010, contracts in a liability position of $0.8 million were netted against contracts in an asset position in the condensed consolidated balance sheets. In fiscal 2009, contracts in a liability position of $0.1 million were netted against contracts in an asset position in the condensed consolidated balance sheets.
[3]	Equal to the accreted notional value of the debt plus the mark-to-market of the interest rate component of the long-term debt to fair value. The fair value of the long-term debt as of October 30, 2010 and October 31, 2009 was $416.3 million and $389.5 million, respectively.

Revenue Recognition (Details) - USD ($) $ in Millions	12 Months Ended
Revenue Recognition (Details) - USD ($) $ in Millions	Oct. 30, 2010	Oct. 31, 2009
Revenue Recognition (Textuals) [Abstract]
Gross deferred revenue on shipments to distributors	$ 327.2	$ 230.8
Gross deferred cost of sales on shipments to distributors	84.4	$ 81.5
Change in net deferred income on shipments to distributors	$ 93.5
Warranty offered by the company for its products	The company generally offers a 12-month warranty for its products.

Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Thousands	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008
Accumulated other comprehensive (loss) income - pension plans:
Transition asset obligation	$ (129)	$ (49)
Net actuarial loss	(38,839)	(8,688)
Unrealized gain on available-for-sale securities	822	932
Unrealized losses on available-for-sale securities	(191)	(576)
Foreign currency translation adjustment	(1,391)	(7,476)
Unrealized gains (losses) on derivative instruments	6,133	5,609	$ (20,263)
Total accumulated other comprehensive loss	(33,595)	(10,248)
Accumulated Other Comprehensive (Loss) Income (Textuals) [Abstract]
Aggregate fair value of investment with unrealized losses	$ 731,000	$ 535,300

Advertising Expense (Details) - USD ($) $ in Millions	12 Months Ended
Advertising Expense (Details) - USD ($) $ in Millions	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008
Advertising Expense (Textuals) [Abstract]
Advertising Expense	$ 3.7	$ 5.2	$ 10.0

Earnings Per Share of Common Stock (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands

3 Months Ended

12 Months Ended

Oct. 30, 2010

Jul. 31, 2010

May 01, 2010

Jan. 30, 2010

Oct. 31, 2009

Aug. 01, 2009

May 02, 2009

Jan. 31, 2009

Oct. 30, 2010

Oct. 31, 2009

Nov. 01, 2008

Computation of basic and diluted earnings per share

Total income from discontinued operations, net of tax

$ 224,994

$ 199,491

$ 167,140

$ 119,600

$ 105,609

$ 65,460

$ 51,754

$ 24,585

$ 711,225

$ 247,408

$ 525,177

859

364

261,107

Weighted-average shares outstanding

$ 224,994

$ 199,491

$ 167,140

$ 120,459

$ 105,609

$ 65,460

$ 51,754

$ 24,949

$ 712,084

$ 247,772

$ 786,284

Basic shares:

298,228

298,027

297,825

295,469

291,739

291,387

291,227

291,187

297,387

291,385

292,688

Earnings per share - Basic

Total income (loss) from discontinued operations, net of tax

$ 0.75

$ 0.67

$ 0.56

$ 0.40

$ 0.36

$ 0.22

$ 0.18

$ 0.08

$ 2.39

$ 0.85

$ 1.79

0.00

0.89

Weighted-average shares outstanding

$ 0.75

$ 0.67

$ 0.56

$ 0.41

$ 0.36

$ 0.22

$ 0.18

$ 0.09

$ 2.39

^[1]

$ 0.85

^[1]

$ 2.69

^[1]

Diluted shares:

298,228

298,027

297,825

295,469

291,739

291,387

291,227

291,187

297,387

291,385

292,688

Assumed exercise of common stock equivalents

8,474

1,313

4,422

Weighted-average common and common equivalent shares

306,711

306,168

305,836

304,730

294,016

293,084

292,446

291,248

305,861

292,698

297,110

Earnings per share - Diluted

Total income (loss) from discontinued operations, net of tax

$ 0.73

$ 0.65

$ 0.55

$ 0.39

$ 0.36

$ 0.22

$ 0.18

$ 0.08

$ 2.33

$ 0.85

$ 1.77

0.00

0.88

Outstanding stock options

$ 0.73

$ 0.65

$ 0.55

$ 0.40

$ 0.36

$ 0.22

$ 0.18

$ 0.09

$ 2.33

$ 0.85

$ 2.65

18,206

55,827

57,364

[1]	The sum of the individual per share amounts may not equal due to rounding.

Stock-Based Compensation (Details)	12 Months Ended
Stock-Based Compensation (Details)	Oct. 30, 2010
Stock-Based Compensation (Textuals) [Abstract]
Stock-based compensation awards vesting period (years)	5

Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended				12 Months Ended
Discontinued Operations (Details) - USD ($) $ in Thousands	Jan. 30, 2010	Aug. 02, 2008	Apr. 30, 2008	Jan. 31, 2008	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008
Reclassification of assets and liability due to discontinued operations
Total assets reclassified to non-current assets of discontinued operations					$ 0	$ 62,037
Discontinued Operations (Textuals) [Abstract]
Pre-tax gain from sale of business					1,316		$ 362,594
Net gain from sale of business	$ 859				859		248,328
Income Statement for Discontinued Operations
Total revenue						10,332	115,600
Cost of sales						10,847	95,070
Operating expenses						16	14,951
Gain on sale of discontinued operations					1,316		362,594
Income (loss) before income taxes					1,316	(531)	368,173
Provision for (benefit from) income taxes					457	(895)	107,066
Income from discontinued operations, net of tax					859	364	261,107
CPU Voltage Regulation And PC Thermal Monitoring Business [Member]
Discontinued Operations (Textuals) [Abstract]
Amount placed in escrow							7,500
Proceeds from the sale of business net of other cash payments				$ 138,000
Proceeds from sale of business other cash payments				1,400
Pre-tax gain from sale of business				78,000
Net gain from sale of business				43,000
Additional proceeds released from escrow recorded as a pre-tax gain	1,000	$ 6,600
Additional proceeds released from escrow, net of tax	600	$ 3,800
One year manufacturing supply agreement							37,000
Liability related to manufacturing supply agreement							85,000
Additional cash payments related to sale of business			$ 2,200
Income Statement for Discontinued Operations
Gain on sale of discontinued operations				78,000
Baseband and Chipset Business [Member]
Reclassification of assets and liability due to discontinued operations
Refundable foreign withholding tax					0	62,037
Discontinued Operations (Textuals) [Abstract]
Proceeds From Divestiture Of Businesses				$ 269,000
Additional cash payments related to sale of business						$ 1,700	7,800
Amount placed into escrow and excluded from the gain calculations							$ 10,000
Cash refund of foreign withholding tax	62,000
Additional pre-tax gain on sale	300
Additional gain on sale, net of tax	$ 200
Additional proceeds the company may receive, currently held in escrow					$ 10,000

Stock-Based Compensation and Shareholders' Equity (Details)

12 Months Ended

Oct. 30, 2010

USD ($)

$ / shares

Oct. 30, 2010

USD ($)

$ / shares

Oct. 31, 2009

USD ($)

$ / shares

Nov. 01, 2008

USD ($)

$ / shares

Sep. 28, 2009

Oct. 28, 2006

Information pertaining to the Company's stock option awards and the related estimated weighted-average assumptions to calculate the fair value of stock options granted

Weighted-average exercise price-stock options | $ / shares

1,866,000

20,873,000

^[1]

5,827,000

$ 31.49

$ 25.74

^[1]

$ 29.79

Weighted-average grant date fair value-stock options | $ / shares

$ 7.77

$ 5.97

^[1]

$ 7.90

Assumptions:

Weighted-average expected volatility

31.40%

41.30%

^[1]

32.40%

Weighted-average expected term (in years)

5.3

4.7

^[1]

5.1

Risk-free interest rate

2.50%

1.40%

^[1]

3.20%

Expected dividend yield

2.60%

3.20%

^[1]

2.40%

Summary of the activity under the Company's stock option plans

Options outstanding, Beginning Balance

52,463,000

Options outstanding, Ending Balance

1,866,000

20,873,000

^[1]

5,827,000

Options exercised

(8,811,000)

Options forfeited

(1,118,000)

Options expired

(1,321,000)

43,079,000

52,463,000

Options exercisable

24,994,000

Options vested and expected to vest

^[2]

41,975,000

Options outstanding, Weighted-Average Exercise Price Per Share, Beginning of Period | $ / shares

$ 29.71

Options granted, Weighted Average Exercise Price Per Share | $ / shares

$ 31.49

$ 25.74

^[1]

$ 29.79

Option exercised, Weighted-Average Exercise Price Per Share | $ / shares

27.28

Options forfeited, Weighted-Average Exercise Price Per Share | $ / shares

27.55

Options expired, Weighted-Average Exercise Price Per Share | $ / shares

45.19

Options outstanding, Weighted-Average Exercise Price Per Share, End of Period | $ / shares

$ 29.87

$ 29.71

Options exercisable, Weighted-Average Exercise Price Per Share | $ / shares

$ 31.85

31.85

Options vested and expected to vest, Weighted-Average Exercise Price Per Share | $ / shares

^[2]

$ 29.95

Options outstanding, Weighted-Average Remaining Contractual Term in Years

4.6

Options exercisable, Weighted-Average Remaining Contractual Term in Years

3.3

Options vested and expected to vest, Weighted-Average Remaining Contractual Term in Years

^[2]

4.5

Options outstanding, Aggregate Intrinsic Value | $

$ 238,467,000

Option exercisable, Aggregate Intrinsic Value | $

118,811,000

Options vested and expected to vest, Aggregate Intrinsic Value | $

^[2]

$ 230,805,000

Stock Based Compensation and Shareholders' Equity (Textuals) [Abstract]

Maximum common stock granted

15,000,000

Stock-based compensation awards vesting period (years)

Maximum contractual term of all option

Minimum period used to estimate volatility of traded options

Options granted under Option Exchange

$ 15,200,000

Number of employees elected to participate in stock option exchange

3,100

Cash payments in exchange for shares | $

$ 2,600,000

Number of employees receiving cash payments in exchange for shares

5,100

Maximum number of exchanged shares resulting in cash payments

100

Total number of common share available for future grant

12,669,980

Number of options cancelled upon the grant of the new options

33,600,000

Common stock authorized to repurchase under common stock repurchase program | $

4,000,000,000

Repurchased common stock, shares

116,000,000

Repurchased common stock, value | $

$ 3,948,200,000

Repurchase of common stock, shares

51,800,000

Preferred stock, shares authorized

471,934

Preferred stock, par value | $

$ 1

Annual forfeiture rate

0.043

Total intrinsic value of options exercised | $

$ 29,600,000

4,700,000

$ 121,700,000

Proceeds (cash) received from exercise of options | $

240,400,000

15,100,000

100,600,000

Proceeds from stock option exercises, net of the value of shares surrendered by employees to satisfy employee tax obligations | $

216,100,000

12,400,000

94,200,000

Total grant-date fair value of vested stock options | $

67,200,000

$ 73,600,000

$ 77,600,000

Total unrecognized compensation cost related to unvested share-based awards, before tax consideration | $

$ 95,000,000

Weighted-average period for recognition of compensation cost

1.4

Share-based compensation arrangement by share-based payment award, terms of award

While the Company may grant to employees options that become exercisable at different times or within different periods, the Company has generally granted to employees options that vest over five years and become exercisable in annual installments of 20% on each of the first, second, third, fourth and fifth anniversaries of the date of grant; 331/3% on each of the third, fourth, and fifth anniversaries of the date of grant; or in annual installments of 25% on each of the second, third, fourth and fifth anniversaries of the date of grant. The maximum contractual term of all options is ten years.

Shares reserved for future issuance under 2006 plan

57,013,585

Restricted Shares or Units [Member]

Summary of the Company's restricted stock and restricted stock unit award activity

Restricted Shares and units outstanding, Beginning Balance

135,000

Awards granted

1,171,000

Restrictions lapsed

(19,000)

Awards forfeited

(22,000)

Restricted Shares and Units Outstanding, Ending Balance

1,265,000

135,000

Non-vested, Weighted-Average Grant Date Fair Value Per Share, Beginning of Period | $ / shares

$ 22.19

Restricted awards granted, Weighted-Average Grant Date Fair Value Per Share | $ / shares

28.86

Restricted awards lapsed, Weighted-Average Grant Date Fair Value Per Share | $ / shares

$ 24.70

Restrictions forfeited, Weighted-Average Grant Date Fair Value Per Share | $ / shares

29.10

Non-vested, Weighted-Average Grant Date Fair Value Per Share, End of Period | $ / shares

$ 28.21

$ 22.19

Excluding Option Exchange Program [Member]

Information pertaining to the Company's stock option awards and the related estimated weighted-average assumptions to calculate the fair value of stock options granted

Weighted-average exercise price-stock options | $ / shares

5,675,000

$ 19.63

Weighted-average grant date fair value-stock options | $ / shares

$ 7.42

Assumptions:

Weighted-average expected volatility

58.80%

Weighted-average expected term (in years)

5.3

Risk-free interest rate

1.70%

Expected dividend yield

4.10%

Summary of the activity under the Company's stock option plans

Options granted, Weighted Average Exercise Price Per Share | $ / shares

5,675,000

$ 19.63

[1]	Includes options granted under the stock option exchange program.
[2]	In addition to the vested options, the Company expects a portion of the unvested options to vest at some point in the future. Options expected to vest is calculated by applying an estimated forfeiture rate to the unvested options.

Industry, Segment and Geographic Information (Details 1) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Oct. 30, 2010

Jul. 31, 2010

May 01, 2010

Jan. 30, 2010

Oct. 31, 2009

Aug. 01, 2009

May 02, 2009

Jan. 31, 2009

Oct. 30, 2010

Oct. 31, 2009

Nov. 01, 2008

$ 769,990

$ 720,290

$ 668,240

$ 602,983

$ 571,600

$ 491,991

$ 474,748

$ 476,569

$ 2,761,503

$ 2,014,908

$ 2,582,931

^[1]

100.00%

37.00%

Industrial [Member]

$ 1,266,423

$ 857,950

$ 1,143,333

46.00%

^[1]

43.00%

44.00%

48.00%

Automotive [Member]

$ 333,045

$ 200,989

$ 255,172

12.00%

^[1]

10.00%

66.00%

Consumer [Member]

$ 513,348

$ 417,652

$ 538,202

19.00%

^[1]

21.00%

23.00%

Communications [Member]

$ 595,709

$ 493,409

$ 559,006

22.00%

^[1]

24.00%

22.00%

21.00%

Computer [Member]

$ 52,978

$ 44,908

$ 87,218

2.00%

^[1]

2.00%

3.00%

18.00%

[1]	The sum of the individual percentages do not equal the total due to rounding.

Industry, Segment and Geographic Information (Details 2) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Oct. 30, 2010

Jul. 31, 2010

May 01, 2010

Jan. 30, 2010

Oct. 31, 2009

Aug. 01, 2009

May 02, 2009

Jan. 31, 2009

Oct. 30, 2010

Oct. 31, 2009

Nov. 01, 2008

$ 769,990

$ 720,290

$ 668,240

$ 602,983

$ 571,600

$ 491,991

$ 474,748

$ 476,569

$ 2,761,503

$ 2,014,908

$ 2,582,931

^[1]

100.00%

Total Analog Products [Member]

37.00%

$ 2,526,660

$ 1,841,567

$ 2,318,793

91.00%

^[1]

90.00%

^[1]

Subtotal analog signal processing [Member]

37.00%

$ 2,331,899

$ 1,723,309

$ 2,175,221

84.00%

86.00%

^[1]

84.00%

^[1]

35.00%

Converters [Member]

$ 1,286,344

$ 999,227

$ 1,235,378

47.00%

50.00%

^[1]

48.00%

^[1]

Amplifiers / Radio frequency [Member]

29.00%

$ 703,082

$ 502,972

$ 666,893

25.00%

^[1]

26.00%

^[1]

40.00%

Other analog [Member]

$ 342,473

$ 221,110

$ 272,950

12.00%

11.00%

^[1]

11.00%

^[1]

Power management and reference [Member]

55.00%

$ 194,761

$ 118,258

$ 143,572

7.00%

6.00%

^[1]

6.00%

^[1]

Digital signal processing [Member]

65.00%

$ 234,843

$ 173,341

$ 264,138

9.00%

^[1]

10.00%

^[1]

Plan assets measured at fair value on a recurring basis by investment categories

35.00%

[1]	The sum of the individual percentages do not equal the total due to rounding.

Industry, Segment and Geographic Information (Details 3) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 30, 2010	Jul. 31, 2010	May 01, 2010	Jan. 30, 2010	Oct. 31, 2009	Aug. 01, 2009	May 02, 2009	Jan. 31, 2009	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008
Revenue Trends by Geographic Region
Total revenue	$ 769,990	$ 720,290	$ 668,240	$ 602,983	$ 571,600	$ 491,991	$ 474,748	$ 476,569	$ 2,761,503	$ 2,014,908	$ 2,582,931
Property, plant and equipment
United States	188,776				204,758				188,776	204,758	251,616
Subtotal all foreign countries	283,889				271,758				283,889	271,758	315,823
Total property, plant and equipment	472,665				476,516				472,665	476,516	567,439
United States [Member]
Revenue Trends by Geographic Region
Total revenue									508,187	401,608	524,197
Ireland [Member]
Property, plant and equipment
Subtotal all foreign countries	139,165				155,428				139,165	155,428	186,487
Philippines [Member]
Property, plant and equipment
Subtotal all foreign countries	131,963				103,209				131,963	103,209	116,622
All Other Countries [Member]
Property, plant and equipment
Subtotal all foreign countries	$ 12,761				$ 13,121				12,761	13,121	12,714
Rest of North and South America [Member]
Revenue Trends by Geographic Region
Total revenue									153,962	92,954	97,449
Europe [Member]
Revenue Trends by Geographic Region
Total revenue									703,717	502,602	679,778
Japan [Member]
Revenue Trends by Geographic Region
Total revenue									441,826	349,907	503,059
China [Member]
Revenue Trends by Geographic Region
Total revenue									508,489	376,080	401,060
Rest of Asia [Member]
Revenue Trends by Geographic Region
Total revenue									445,322	291,757	377,388
Subtotal all foreign countries [Member]
Revenue Trends by Geographic Region
Total revenue									$ 2,253,316	$ 1,613,300	$ 2,058,734

Industry, Segment and Geographic Information (Details 4)	12 Months Ended
	Oct. 30, 2010
Segment Information (Textuals) [Abstract]
Number of reportable segments	1
Number of operating segments	5

Special Charges (Details) $ in Thousands	3 Months Ended					12 Months Ended
Special Charges (Details) $ in Thousands	Jan. 30, 2010 USD ($)	Oct. 31, 2009 USD ($)	May 02, 2009 USD ($)	Jan. 31, 2009 USD ($)	Nov. 01, 2008 USD ($)	Oct. 30, 2010 USD ($)	Oct. 31, 2009 USD ($)	Nov. 01, 2008 USD ($)	Nov. 03, 2007 USD ($)	Oct. 28, 2006 USD ($)	Oct. 29, 2005 USD ($)
Summary of the Company's special charges (Income Statement) [Abstract]
Workforce reductions						$ 10,908	$ 34,029	$ 1,627	$ 13,748		$ 20,315
Facility closure costs						5,064	3,659		10,288
Non-cash impairment charge						487	15,468
Other items						24	500
Change in estimate								1,461		$ (2,029)
Total fiscal charges	$ 16,483		$ 11,919	$ 41,737		16,483	53,656	3,088	24,036	(2,029)	20,315
Summary of the Company's special charges and accruals (Balance Sheet) [Abstract]
Special Charges Accrual, Beginning Balance	15,332			15,002		15,332	15,002	17,750
Severance payments						(17,862)	(33,714)	(2,106)
Facility closure costs						(5,839)	(3,994)	(2,281)
Non-cash impairment charge						(487)	(15,468)
Other payments						(24)	(503)
Effect of foreign currency on accrual						(94)	353	(1,449)
Special Charges Accrual, Ending Balance		$ 15,332			$ 15,002	7,509	$ 15,332	15,002	17,750
Special Charges (Textuals) [Abstract]
Total manufacturing, engineering, selling, marketing, general and administration employees related to action							547
Closure of Wafer Fabrication Facility in Sunnyvale [Member]
Summary of the Company's special charges (Income Statement) [Abstract]
Workforce reductions											20,315
Facility closure costs						375			10,288
Change in estimate										(2,029)
Total fiscal charges						375			10,288	$ (2,029)	$ 20,315
Summary of the Company's special charges and accruals (Balance Sheet) [Abstract]
Special Charges Accrual, Beginning Balance	169			1,747		169	$ 1,747	4,002
Severance payments								(253)
Facility closure costs						(544)	(1,578)	(2,002)
Special Charges Accrual, Ending Balance		169			1,747	0	169	1,747	4,002
Consolidation of Wafer Fabrication Facility in Limerick [Member]
Summary of the Company's special charges (Income Statement) [Abstract]
Workforce reductions									13,748
Facility closure costs							1,191
Change in estimate								1,461
Total fiscal charges							1,191	1,461	13,748
Summary of the Company's special charges and accruals (Balance Sheet) [Abstract]
Special Charges Accrual, Beginning Balance	312			11,754		312	11,754	13,748
Severance payments						(302)	(11,802)	(1,727)
Facility closure costs							(1,164)	(279)
Effect of foreign currency on accrual						(10)	333	(1,449)
Special Charges Accrual, Ending Balance		312			11,754	0	312	11,754	13,748
Special Charges (Textuals) [Abstract]
Charge related to the severance and fringe benefit costs									$ 13,700
Number of manufacturing employees									150
Adjustment to the original estimate of the severance costs								1,200
Charge related to contract termination costs and for clean-up and closure costs							1,200	300
Reduction Of Operating Costs [Member]
Summary of the Company's special charges (Income Statement) [Abstract]
Workforce reductions						10,908	26,583	1,627
Facility closure costs							2,411
Non-cash impairment charge						487	839
Other items						24	500
Total fiscal charges	11,400					11,419	30,333	1,627
Summary of the Company's special charges and accruals (Balance Sheet) [Abstract]
Special Charges Accrual, Beginning Balance	$ 8,161			1,501		8,161	1,501	0
Severance payments						(12,223)	(21,156)	(126)
Facility closure costs						(1,216)	(1,195)
Non-cash impairment charge						(487)	(839)
Other payments						(24)	(503)
Effect of foreign currency on accrual						(84)	20
Special Charges Accrual, Ending Balance		8,161			1,501	$ 5,546	8,161	1,501	$ 0
Special Charges (Textuals) [Abstract]
Charge related to the severance and fringe benefit costs					$ 1,600
Charge related to contract termination costs and for clean-up and closure costs							800
Charge related to lease obligation costs for facilities ceased by the company							2,100
Number of engineering and SMGA (selling, marketing, general and administrative) employees					19
Total manufacturing, engineering, selling, marketing, general and administration employees related to action	149
Number of employees still employed related to cost reduction action						45
Severance and fringe benefit costs, 149 foreign engineering and SMG&A employees related to Reduction of Operating Costs Action [Member]
Special Charges (Textuals) [Abstract]
Charge related to the severance and fringe benefit costs	$ 10,900
Severance and fringe benefit costs 245 manufacturing and 302 engineering and SMG&A foreign employees related to Reduction of Operating Costs Action [Member]
Special Charges (Textuals) [Abstract]
Charge related to the severance and fringe benefit costs							$ 26,600
Number of manufacturing employees							245
Number of engineering and SMGA (selling, marketing, general and administrative) employees							302
Closure of Wafer Fabrication Facility in Cambridge [Member]
Summary of the Company's special charges (Income Statement) [Abstract]
Workforce reductions				9,200			$ 7,446
Facility closure costs						$ 4,689	57
Non-cash impairment charge							14,629
Total fiscal charges	4,700			22,100		4,689	22,132
Summary of the Company's special charges and accruals (Balance Sheet) [Abstract]
Special Charges Accrual, Beginning Balance	6,690			$ 0		6,690	0	0
Severance payments						(5,337)	(756)
Facility closure costs						(4,079)	(57)
Non-cash impairment charge							(14,629)
Special Charges Accrual, Ending Balance		6,690			$ 0	$ 1,963	$ 6,690	$ 0	$ 0
Special Charges (Textuals) [Abstract]
Number of manufacturing employees				175
Charge related to contract termination costs and for clean-up and closure costs	1,300
Charge related to lease obligation costs for facilities ceased by the company	$ 3,400
Number of engineering and SMGA (selling, marketing, general and administrative) employees				9
Impairment charge of manufacturing assets		$ 1,700		$ 12,900
Number of employee voluntarily left the company or found alternative employment		51
Reversed amount of severance accrual		$ 1,800
Special charge for clean-up cost		$ 100
Number of total employees still employed related to action						2

Acquisitions (Details) - USD ($) $ in Millions	12 Months Ended	25 Months Ended
Acquisitions (Details) - USD ($) $ in Millions	Oct. 31, 2009	Jul. 31, 2009
Acquisitions (Textuals) [Abstract]
Payment related to purchase of shares of Integrant Technologies		$ 8.4
Additional cash payment for the achievement of revenue - based milestones	$ 3.1
Additional cash payment for the achievement of technological milestones	$ 3.2

Deferred Compensation Plan Investments (Details) - USD ($) $ in Thousands	Oct. 30, 2010	Oct. 31, 2009
Components of Investments under Deferred Compensation Plan
Total Deferred Compensation Plan investments - short and long-term	$ 8,690	$ 7,943
Money market funds [Member]
Components of Investments under Deferred Compensation Plan
Deferred compensation plan investments	1,840	1,730
Mutual funds [Member]
Components of Investments under Deferred Compensation Plan
Deferred compensation plan investments	$ 6,850	$ 6,213

Other Investments (Details) - USD ($) $ in Thousands	12 Months Ended
Other Investments (Details) - USD ($) $ in Thousands	Oct. 30, 2010	Oct. 31, 2009
Other Investments (Textuals) [Abstract]
Other-than-temporary impairment on investments	$ 700
Other investments [Member]
Unrealized gains and losses on securities classified as other investments
Unrealized gains	1,041	$ 1,258
Unrealized losses	0	(718)
Net unrealized gains (losses) on securities classified as other investments	$ 1,041	$ 540

Accrued Liabilities [Details] - USD ($) $ in Thousands	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008	Nov. 03, 2007
Accrued Liabilities
Accrued compensation and benefits	$ 128,113	$ 58,272
Special charges	7,509	15,332	$ 15,002	$ 17,750
Other	71,465	48,589
Total accrued liabilities	$ 207,087	$ 122,193

Lease Commitments (Details) - USD ($) $ in Thousands	12 Months Ended
Lease Commitments (Details) - USD ($) $ in Thousands	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008
Schedule of future minimum rental payments required under long-term operating leases
2011	$ 21,871
2012	12,322
2013	9,078
2014	6,381
2015	5,422
Later Years	30,655
Total	$ 85,729
Lease Commitments (Textuals) [Abstract]
Expiration date of operating leases related to facilities, equipment and software	The Company leases certain of its facilities, equipment and software under various operating leases that expire at various dates through 2022
Total rental expense under operating leases	$ 40,000	$ 40,000	$ 43,000

Retirement Plans (Details) - USD ($) $ in Thousands	12 Months Ended
Retirement Plans (Details) - USD ($) $ in Thousands	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008
Net annual periodic pension cost
Service cost	$ 5,933	$ 6,368	$ 9,580
Interest cost	9,594	9,525	10,234
Expected return on plan assets	(11,079)	(10,703)	(12,312)
Amortization of prior service cost	1	5	8
Amortization of transitional asset	(27)	(40)	(44)
Recognized actuarial (gain) loss	(133)	(519)	189
Subtotal	4,289	4,636	7,655
Curtailment impact			1
Settlement impact	(39)	207
Special termination benefits		281	15
Net periodic pension cost	$ 4,250	$ 5,124	$ 7,671

Retirement Plans (Details 1) - USD ($) $ in Thousands	12 Months Ended
Retirement Plans (Details 1) - USD ($) $ in Thousands	Oct. 30, 2010	Oct. 31, 2009	Nov. 01, 2008
Change in Benefit Obligation
Benefit obligation at beginning of year	$ 165,047	$ 149,428
Adjustments due to change in defined benefit plans measurement date:
Service cost and interest cost during gap period		1,204
Additional experience during gap period		(10,099)
Gap period benefit payments from plan, employee contributions, expenses, taxes and premiums paid		(1,222)
Service cost	5,933	6,368	$ 9,580
Interest cost	9,594	9,525	10,234
Settlement		(2,816)
Special termination benefits		281	15
Participant contributions	2,378	2,496
Transfers/acquisitions/divestitures		(1,298)
Premiums paid	(81)	(201)
Actuarial loss (gain)	40,227	(3,244)
Benefits paid	(3,170)	(3,925)
Exchange rate adjustment	(4,916)	18,550
Benefit obligation at end of year	215,012	165,047	149,428
Change in Plan Assets
Fair value of plan assets at beginning of year	135,643	120,914
Adjustments due to change in defined benefit plans measurement date:
Additional experience during gap period		(9,807)
Gap period benefit payments from plan, employee contributions, expenses, taxes and premiums paid		(1,222)
Actual return on plan assets	17,480	8,839
Employer contributions	28,433	7,639
Participant contributions	2,378	2,496
Settlement		(2,816)
Transfers/acquisitions/divestitures		(1,298)
Premiums paid	(81)	(201)
Benefits paid	(3,170)	(3,925)
Exchange rate adjustment	(4,463)	15,024
Fair value of plan assets at end of year	176,220	135,643	$ 120,914
Reconciliation of Funded Status
Funded status	(38,792)	(29,404)
Amounts Recognized in the Balance Sheet
Non-current assets	4,160	0
Current liabilities	(520)	(832)
Noncurrent liabilities	(42,432)	(28,572)
Net amount recognized	(38,792)	(29,404)
Reconciliation of Amounts Recognized in the Statement of Financial Position
Initial net obligation	(138)	(93)
Prior service cost		(1)
Net loss	(45,467)	(10,720)
Accumulated other comprehensive loss	(45,605)	(10,814)
Accumulated contributions in excess of net periodic cost (benefit)	6,813	(18,590)
Net amount recognized	(38,792)	(29,404)
Changes in plan assets and benefit obligations recognized in other comprehensive income
Net loss (gain) arising during the year (includes curtailment gains not recognized as a component of net periodic cost)	33,828	(1,380)
Effect of exchange rates on amounts included in accumulated other comprehensive income	765	843
Amounts recognized as a component of net periodic benefit cost
Amortization, settlement or curtailment recognition of net transition asset	27	40
Amortization or curtailment recognition of prior service cost	(1)	(5)
Amortization or settlement recognition of net gain	172	312
Total recognized in other comprehensive loss (income)	34,791	(190)
Total recognized in net periodic cost and other comprehensive loss	39,041	4,934
Changes recognized in balance sheet - Balance sheet recognition of change in defined benefit plans measurement date
Amortization amounts during gap period		21
Experience gain during gap period		574
Total		595
Estimated amounts that will be amortized from accumulated other comprehensive (loss) income over the next fiscal year
Initial net asset	(15)	33
Prior service cost		(1)
Net (loss) gain	(1,625)	113
Total	$ (1,640)	$ 145

Retirement Plans (Details 2) - USD ($) $ in Thousands	Oct. 30, 2010	Oct. 31, 2009
Plans with projected benefit obligations in excess of plan assets:
Projected benefit obligation	$ 188,741	$ 165,047
Fair value of plan assets	145,789	135,643
Plans with accumulated benefit obligations in excess of plan assets:
Projected benefit obligation	23,278	42,549
Accumulated benefit obligation	19,360	38,701
Fair value of plan assets	$ 602	$ 19,473

Retirement Plans (Details 3)	Oct. 30, 2010	Oct. 31, 2009
Projected benefit obligation
Discount rate	5.33%	6.32%
Rate of increase in compensation levels	3.40%	3.72%

Retirement Plans (Details 4)	12 Months Ended
Retirement Plans (Details 4)	Oct. 30, 2010	Oct. 31, 2009
Net annual periodic pension cost was determined using the following weighted average assumptions:
Discount rate	6.32%	6.60%
Expected long-term return on plan assets	6.73%	7.16%
Rate of increase in compensation levels	3.72%	3.87%

Retirement Plans (Details 5) - USD ($)
$ in Thousands

Oct. 30, 2010

Oct. 31, 2009

Nov. 01, 2008

Unit Trust Funds [Member]

$ 176,220

$ 135,643

$ 120,914

Plan assets measured at fair value on a recurring basis by investment categories

Plan assets measured at fair value on a recurring basis by investment categories

^[1]

131,650

Equities [Member]

Fixed Income Securities [Member]

^[1]

21,552

Plan assets measured at fair value on a recurring basis by investment categories

Plan assets measured at fair value on a recurring basis by investment categories

^[2]

19,214

Property [Member]

Plan assets measured at fair value on a recurring basis by investment categories

^[3]

3,186

Cash [Member]

Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]

618

Plan assets measured at fair value on a recurring basis by investment categories

Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Unit Trust Funds [Member]

2,207

Plan assets measured at fair value on a recurring basis by investment categories

Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equities [Member]

^[1]

Plan assets measured at fair value on a recurring basis by investment categories

Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fixed Income Securities [Member]

^[1]

1,589

Plan assets measured at fair value on a recurring basis by investment categories

Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Property [Member]

^[2]

Plan assets measured at fair value on a recurring basis by investment categories

Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Cash [Member]

^[3]

Plan assets measured at fair value on a recurring basis by investment categories

Significant Other Observable Inputs (Level 2) [Member]

618

Plan assets measured at fair value on a recurring basis by investment categories

Significant Other Observable Inputs (Level 2) [Member] | Unit Trust Funds [Member]

170,827

Plan assets measured at fair value on a recurring basis by investment categories

Significant Other Observable Inputs (Level 2) [Member] | Equities [Member]

^[1]

131,650

Plan assets measured at fair value on a recurring basis by investment categories

Significant Other Observable Inputs (Level 2) [Member] | Fixed Income Securities [Member]

^[1]

19,963

Plan assets measured at fair value on a recurring basis by investment categories

Significant Other Observable Inputs (Level 2) [Member] | Property [Member]

^[2]

19,214

Plan assets measured at fair value on a recurring basis by investment categories

Significant Other Observable Inputs (Level 2) [Member] | Cash [Member]

^[3]

Plan assets measured at fair value on a recurring basis by investment categories

Unobservable Inputs (Level 3) [Member]

Plan assets measured at fair value on a recurring basis by investment categories

Unobservable Inputs (Level 3) [Member] | Unit Trust Funds [Member]

3,186

Plan assets measured at fair value on a recurring basis by investment categories

Unobservable Inputs (Level 3) [Member] | Equities [Member]

^[1]

Plan assets measured at fair value on a recurring basis by investment categories

Unobservable Inputs (Level 3) [Member] | Fixed Income Securities [Member]

^[1]

Plan assets measured at fair value on a recurring basis by investment categories

Unobservable Inputs (Level 3) [Member] | Property [Member]

^[2]

Plan assets measured at fair value on a recurring basis by investment categories

Unobservable Inputs (Level 3) [Member] | Cash [Member]

^[3]

3,186

Plan assets measured at fair value on a recurring basis by investment categories

Reconciliation of income tax computed at the U.S. federal statutory rates to income tax expense

$ 0

[1]	The majority of the assets in these categories are invested in a mix of equities, including those from North America, Europe and Asia. The funds are valued using the net asset value method in which an average of the market prices for underlying investments is used to value the fund. Due to the nature of the underlying assets of these funds, changes in market conditions and the economic environment may significantly impact the net asset value of these investments and, consequently, the fair value of the investments. These investments are redeemable at net asset value to the extent provided in the documentation governing the investments. However, these redemption rights may be restricted in accordance with governing documents. Publicly traded securities are valued at the last trade or closing price reported in the active market in which the individual securities are traded.
[2]	The majority of the assets in this category are invested in non-U.S. debt instruments. The funds are valued using the net asset value method in which an average of the market prices for underlying investments is used to value the fund.
[3]	The majority of the assets in this category are invested in properties in Ireland, the UK, Europe and established international markets. Investments in properties are stated at estimated fair values based upon valuations by external independent property valuers.

Retirement Plans (Details 6) - Property [Member] $ in Thousands	12 Months Ended
	Oct. 30, 2010 USD ($)
Real Estate:
Balance as of October 31, 2009	$ 2,340
Purchases, sales, and settlements, net	899
Realized and unrealized return on plan assets	(53)
Balance as of October 30, 2010	$ 3,186

Retirement Plans (Details 7) $ in Thousands	Oct. 30, 2010 USD ($)
Expected Company Contributions
2011	$ 8,965
Expected Benefit Payments
2011	3,383
2012	4,411
2013	6,025
2014	5,786
2016	5,176
2016-2018	$ 33,966

Retirement Plans (Details Textuals) $ in Millions	12 Months Ended
Retirement Plans (Details Textuals) $ in Millions	Oct. 30, 2010 USD ($)	Oct. 31, 2009 USD ($)	Nov. 01, 2008 USD ($)
Retirement Plans (Textuals) [Abstract]
Company contributions to each participant's total eligible compensation	0.05
Maximum of each participant's total eligible compensation	0.03
Total expense related to the defined contribution plan for U.S. employees	$ 20.5	$ 21.5	$ 22.6
Total expense related to the defined benefit pension and other retirement plans for certain non-U.S. employees	11.7	10.9	$ 13.9
Accumulated benefit obligation for non-U.S. pension plans	$ 168.9	$ 127.3

Income Taxes (Details) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Oct. 30, 2010

Jul. 31, 2010

May 01, 2010

Jan. 30, 2010

Oct. 31, 2009

Aug. 01, 2009

May 02, 2009

Jan. 31, 2009

Oct. 30, 2010

Oct. 31, 2009

Nov. 01, 2008

Oct. 30, 2010

Oct. 31, 2009

U.S. federal statutory tax rate

35.00%

Income tax provision reconciliation:

Tax at statutory rate:

$ 315,583

$ 104,105

$ 233,136

Irish income subject to lower tax rate

(129,741)

(50,972)

(92,732)

State income taxes, net of federal benefit

2,622

406

1,150

Research and development tax credits

(1,045)

(5,153)

(3,401)

Net foreign tax in excess of U.S. federal statutory tax rate

1,315

1,123

2,350

Other, net

1,706

527

422

Total income tax provision

190,440

50,036

140,925

Pretax income

Domestic

289,748

1,133

186,130

Foreign

611,917

296,311

479,972

Income from continuing operations before income taxes

$ 288,057

$ 251,321

$ 214,020

$ 148,267

$ 127,226

$ 80,027

$ 62,233

$ 27,958

901,665

^[1]

297,444

^[1]

666,102

^[1]

Current:

Federal tax (benefit)

117,097

(5,191)

79,642

Foreign

79,055

43,007

70,882

State

4,154

625

1,770

Total current

200,306

38,441

152,294

Deferred (prepaid):

Federal

(6,332)

17,033

(7,268)

Foreign

(3,534)

(5,438)

(4,101)

Total deferred

(9,866)

11,595

(11,369)

Deferred tax assets:

Inventory reserves

$ 24,495

$ 30,365

Deferred income on shipments to distributors

32,870

25,775

Reserves for compensation and benefits

26,199

25,182

Tax credit carryovers

50,384

52,443

Stock-based compensation

75,827

62,496

Depreciation

4,553

4,163

Other

1,251

3,578

Total gross deferred tax assets

215,579

204,002

Valuation allowance

(50,384)

(51,616)

Total deferred tax assets

165,195

152,386

Deferred tax liabilities:

Depreciation

(12,185)

(13,498)

Undistributed earnings of foreign subsidiaries

(24,229)

(18,853)

Other

(3,106)

(3,881)

Total gross deferred tax liabilities

(39,520)

(36,232)

Net deferred tax assets

125,675

116,154

Summary of changes in the total amounts of uncertain tax positions

Beginning Balance

18,161

13,750

18,161

13,750

9,889

Additions for tax positions of current year

286

4,411

3,861

Ending Balance

18,447

18,161

18,447

18,161

13,750

Income Taxes (Textuals) [Abstract]

Unremitted earnings of international subsidiaries for which no provision has been provided

$ 2,327,000

Unrecognized deferred tax liability

611,000

Likelihood of sustaining uncertain income tax position recognition, as a percentage

50.00%

Effect of adoption of uncertain income tax position on Company's liabilities

$ 0

Minimum time period for the occurrence of uncertain tax positions, in months

Gross unrealized tax benefits

$ 18,447

$ 18,161

$ 13,750

$ 18,161

13,750

9,889

18,447

18,161

Liability for interest and penalties

9,800

8,000

Total liabilities for uncertain tax positions

28,300

26,200

Interest and penalties related to uncertain tax position

1,800

1,700

$ 1,300

Valuation allowances for the Company's state credit carryovers

$ 50,384

$ 51,616

Fiscal Years 2004 And 2005 IRS Examination [Member]

Deferred Tax Liability Not Recognized [Line Items]

Total tax liability of four items which has additional potential tax liability

$ 46,000

Fiscal Years 2006 And 2007 IRS Examination [Member]

Deferred Tax Liability Not Recognized [Line Items]

Total tax liability of four items which has additional potential tax liability

$ 195,000

[1]	Includes stock-based compensation expense

Revolving Credit Facility (Details) $ in Millions	12 Months Ended
Revolving Credit Facility (Details) $ in Millions	Oct. 30, 2010 USD ($)	May 31, 2008 USD ($)
Revolving Credit Facility (Textuals) [Abstract]
Cash and cash equivalents and short term investments	$ 2,687.8
Cash and cash equivalents and short term investments held in United States	$ 725.4
Unsecured revolving credit facility		$ 165.0
Line of credit facility, term	5
Line of credit facility, amount outstanding	$ 0.0
Line of credit facility, covenant terms	The terms of this facility also include financial covenants that require the Company to maintain a minimum interest coverage ratio and not exceed a maximum leverage ratio.
Line of credit facility, covenant compliance	The Company was compliant with these covenants.

Long-Term Debt (Details) - USD ($) $ in Thousands	12 Months Ended
Long-Term Debt (Details) - USD ($) $ in Thousands	Oct. 30, 2010	Oct. 31, 2009	Jun. 30, 2009
Long-Term Debt (Textuals) [Abstract]
Net proceeds of notes offering		$ 370,350
Senior Unsecured Debt [Member]
Long-Term Debt (Textuals) [Abstract]
Aggregate principal amount issued for notes			$ 375,000
Interest rate to be paid on long term notes			5.00%
Net proceeds of notes offering	$ 370,400
Maturity date of senior unsecured notes	Jul. 01, 2014
Semi-annual fixed interest payments	Semi-annual fixed interest payments on January 1 and July 1 of each year commencing January 1, 2010
Swap Receivable [Member]
Long-Term Debt (Textuals) [Abstract]
Interest rate to be paid on swap			5.00%
Hedge notional amount of the interest rate hedge derivative	$ 375,000
Number of installments	Paid in two installments on the 1st business day of every January and July commencing, January 1, 2010 through and ending on the maturity date
Swap Payable [Member]
Long-Term Debt (Textuals) [Abstract]
Hedge notional amount of the interest rate hedge derivative	$ 375,000
Floating interest rate	An annual three-month LIBOR plus 2.05%
Number of installments	Payable in four installments on the 1st business day of every January, April, July and October, commencing on October 1, 2009 and ending on the maturity date
Interest Rate	2.34%

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Billions	1 Months Ended		12 Months Ended
	Dec. 31, 2010	Nov. 30, 2010	Oct. 30, 2010	Dec. 22, 2010	Nov. 19, 2010
Subsequent Event (Textuals) [Abstract]
Common stock cash dividends per share, declared date		Nov. 19, 2010
Common stock cash dividends per share, date of record	Dec. 03, 2010
Common stock repurchase under share repurchase program			$ 1
Common Stock [Member]
Subsequent Event (Textuals) [Abstract]
Common stock cash dividends per share, declared					$ 0.22
Common stock cash dividends per share, paid date				Dec. 22, 2010

Supplementary Financial Information (Details) (Unaudited) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands

3 Months Ended

12 Months Ended

Oct. 30, 2010

Jul. 31, 2010

May 01, 2010

Jan. 30, 2010

Oct. 31, 2009

Aug. 01, 2009

May 02, 2009

Jan. 31, 2009

Oct. 30, 2010

Oct. 31, 2009

Nov. 01, 2008

Nov. 03, 2007

Oct. 28, 2006

Oct. 29, 2005

Supplementary Financial Information

Revenue

$ 769,990

$ 720,290

$ 668,240

$ 602,983

$ 571,600

$ 491,991

$ 474,748

$ 476,569

$ 2,761,503

$ 2,014,908

$ 2,582,931

Cost of sales

253,761

240,088

233,725

234,507

249,746

225,762

213,196

207,567

962,081

^[1]

896,271

^[1]

1,005,656

^[1]

Gross margin

$ 516,229

$ 480,202

$ 434,515

$ 368,476

$ 321,854

$ 266,229

$ 261,552

$ 269,002

1,799,422

1,118,637

1,577,275

Selling, marketing, general and administrative

67.00%

66.70%

65.00%

61.10%

56.30%

54.10%

55.10%

56.40%

Research and development

$ 128,140

$ 126,987

$ 122,780

$ 114,398

$ 110,126

$ 107,578

$ 109,448

$ 119,828

492,305

^[1]

446,980

^[1]

533,480

^[1]

102,349

102,070

97,660

88,481

83,356

79,706

82,276

87,846

390,560

^[1]

333,184

^[1]

415,682

^[1]

Special charges

16,483

11,919

41,737

16,483

53,656

3,088

$ 24,036

$ (2,029)

$ 20,315

Total operating expenses

230,489

229,057

220,440

219,362

193,482

187,284

203,643

249,411

899,348

833,820

952,250

Operating income from continuing operations

$ 285,740

$ 251,145

$ 214,075

$ 149,114

$ 128,372

$ 78,945

$ 57,909

$ 19,591

900,074

284,817

625,025

Total nonoperating (income) expense

37.00%

35.00%

32.00%

25.00%

22.00%

16.00%

12.00%

4.00%

Nonoperating (income) expenses:

Interest expense

$ 2,709

$ 2,614

$ 2,568

$ 2,538

$ 2,726

$ 1,368

10,429

4,094

Interest income

(2,426)

(3,206)

(2,025)

(2,180)

(1,740)

(2,558)

$ (3,527)

$ (7,796)

(9,837)

(15,621)

(41,041)

Other, net

(2,600)

416

(488)

489

160

108

(797)

(571)

(2,183)

(1,100)

(36)

(2,317)

(176)

847

1,146

(1,082)

(4,324)

(8,367)

(1,591)

(12,627)

(41,077)

Income from continuing operations before income taxes

$ 288,057

$ 251,321

$ 214,020

$ 148,267

$ 127,226

$ 80,027

$ 62,233

$ 27,958

901,665

^[1]

297,444

^[1]

666,102

^[1]

Provision for income taxes

37.00%

35.00%

32.00%

25.00%

22.00%

16.00%

13.00%

6.00%

$ 63,063

$ 51,830

$ 46,880

$ 28,667

$ 21,617

$ 14,567

$ 10,479

$ 3,373

190,440

50,036

140,925

Net income from discontinued operations

224,994

199,491

167,140

119,600

105,609

65,460

51,754

24,585

711,225

247,408

525,177

364

12,779

Gain on sale of discontinued operations

859

248,328

$ 224,994

$ 199,491

$ 167,140

$ 120,459

$ 105,609

$ 65,460

$ 51,754

$ 24,949

$ 712,084

$ 247,772

$ 786,284

Income from continuing operations

29.00%

28.00%

25.00%

20.00%

18.00%

13.00%

11.00%

5.00%

Earnings per share - basic

$ 0.75

$ 0.67

$ 0.56

$ 0.40

$ 0.36

$ 0.22

$ 0.18

$ 0.08

$ 2.39

$ 0.85

$ 1.79

Income from continuing operations

0.75

0.67

0.56

0.41

0.36

0.22

0.18

0.09

2.39

^[2]

0.85

^[2]

2.69

^[2]

Earnings per share - Diluted

0.73

0.65

0.55

0.39

0.36

0.22

0.18

0.08

2.33

0.85

1.77