Adjustments to Current Assets
Adjustments to Total Assets
Adjustments to Current Liabilities
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Reported Income

Analog Devices Inc., adjusted current assets

US$ in thousands

	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021	Oct 31, 2020	Nov 2, 2019	Nov 3, 2018
As Reported
Current assets	4,384,022)	4,937,992)	5,378,317)	2,517,688)	1,985,126)	2,112,126)
Adjustments
Add: Allowances	2,763)	4,571)	2,658)	4,350)	8,387)	2,284)
After Adjustment
Adjusted current assets	4,386,785)	4,942,563)	5,380,975)	2,522,038)	1,993,513)	2,114,410)

Based on: 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03).

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Analog Devices Inc., adjusted total assets

US$ in thousands

	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021	Oct 31, 2020	Nov 2, 2019	Nov 3, 2018
As Reported
Total assets	48,794,478)	50,302,350)	52,322,071)	21,468,603)	21,392,641)	20,449,779)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	380,127)	320,923)
Add: Allowances	2,763)	4,571)	2,658)	4,350)	8,387)	2,284)
Less: Deferred tax assets²	2,223,272)	2,264,888)	2,267,269)	1,503,064)	1,582,382)	21,078)
After Adjustment
Adjusted total assets	46,573,969)	48,042,033)	50,057,460)	19,969,889)	20,198,773)	20,751,908)

Based on: 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred tax assets. See details »

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Analog Devices Inc., adjusted current liabilities

US$ in thousands

	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021	Oct 31, 2020	Nov 2, 2019	Nov 3, 2018
As Reported
Current liabilities	3,200,971)	2,442,655)	2,770,312)	1,364,986)	1,508,632)	1,406,138)
Adjustments
Less: Current accrued special charges	124,291)	54,699)	46,839)	69,439)	64,418)	15,153)
After Adjustment
Adjusted current liabilities	3,076,680)	2,387,956)	2,723,473)	1,295,547)	1,444,214)	1,390,985)

Based on: 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03).

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Analog Devices Inc., adjusted total liabilities

US$ in thousands

	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021	Oct 31, 2020	Nov 2, 2019	Nov 3, 2018
As Reported
Total liabilities	13,229,356)	13,837,027)	14,329,529)	9,470,658)	9,683,453)	9,461,239)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	380,127)	320,923)
Less: Deferred tax liabilities²	3,127,852)	3,622,538)	3,938,830)	1,919,595)	2,088,212)	927,065)
Less: Accrued special charges	147,427)	54,699)	46,839)	69,439)	64,418)	15,153)
After Adjustment
Adjusted total liabilities	9,954,077)	10,159,790)	10,343,860)	7,481,624)	7,910,950)	8,839,944)

Based on: 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred tax liabilities. See details »

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Analog Devices Inc., adjusted shareholders’ equity

US$ in thousands

	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021	Oct 31, 2020	Nov 2, 2019	Nov 3, 2018
As Reported
Shareholders’ equity	35,565,122)	36,465,323)	37,992,542)	11,997,945)	11,709,188)	10,988,540)
Adjustments
Less: Net deferred tax assets (liabilities)¹	(904,580)	(1,357,650)	(1,671,561)	(416,531)	(505,830)	(905,987)
Add: Allowances	2,763)	4,571)	2,658)	4,350)	8,387)	2,284)
Add: Accrued special charges	147,427)	54,699)	46,839)	69,439)	64,418)	15,153)
After Adjustment
Adjusted shareholders’ equity	36,619,892)	37,882,243)	39,713,600)	12,488,265)	12,287,823)	11,911,964)

Based on: 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03).

¹ Net deferred tax assets (liabilities). See details »

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Analog Devices Inc., adjusted capitalization table

US$ in thousands

	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021	Oct 31, 2020	Nov 2, 2019	Nov 3, 2018
As Reported
Debt, current	499,052)	—)	516,663)	—)	299,667)	67,000)
Commercial paper notes	547,224)	—)	—)	—)	—)	—)
Long-term debt, excluding current	5,902,457)	6,548,625)	6,253,212)	5,145,102)	5,192,252)	6,265,674)
Total reported debt	6,948,733)	6,548,625)	6,769,875)	5,145,102)	5,491,919)	6,332,674)
Shareholders’ equity	35,565,122)	36,465,323)	37,992,542)	11,997,945)	11,709,188)	10,988,540)
Total reported capital	42,513,855)	43,013,948)	44,762,417)	17,143,047)	17,201,107)	17,321,214)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	380,127)	320,923)
Add: Current operating lease liabilities²	64,745)	53,628)	52,576)	39,923)	—)	—)
Add: Non-current operating lease liabilities (in Other non-current liabilities)³	360,460)	337,279)	295,782)	288,492)	—)	—)
Adjusted total debt	7,373,938)	6,939,532)	7,118,233)	5,473,517)	5,872,046)	6,653,597)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	(904,580)	(1,357,650)	(1,671,561)	(416,531)	(505,830)	(905,987)
Add: Allowances	2,763)	4,571)	2,658)	4,350)	8,387)	2,284)
Add: Accrued special charges	147,427)	54,699)	46,839)	69,439)	64,418)	15,153)
Adjusted shareholders’ equity	36,619,892)	37,882,243)	39,713,600)	12,488,265)	12,287,823)	11,911,964)
After Adjustment
Adjusted total capital	43,993,830)	44,821,775)	46,831,833)	17,961,782)	18,159,869)	18,565,561)

Based on: 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current operating lease liabilities. See details »

³ Non-current operating lease liabilities (in Other non-current liabilities). See details »

⁴ Net deferred tax assets (liabilities). See details »

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Analog Devices Inc., adjusted net income

US$ in thousands

12 months ended:	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021	Oct 31, 2020	Nov 2, 2019	Nov 3, 2018
As Reported
Net income	3,314,579)	2,748,561)	1,390,422)	1,220,761)	1,363,011)	1,495,432)
Adjustments
Add: Deferred income tax expense (benefit)¹	(452,946)	(326,755)	(406,922)	(113,948)	(91,253)	(736,759)
Add: Increase (decrease) in allowances	(1,808)	1,913)	(1,692)	(4,037)	6,103)	(4,929)
Add: Increase (decrease) in accrued special charges	92,728)	7,860)	(19,111)	5,021)	49,266)	(22,195)
Add: Other comprehensive income (loss)	9,850)	(11,587)	62,896)	(59,283)	(129,359)	2,919)
After Adjustment
Adjusted net income	2,962,403)	2,419,992)	1,025,593)	1,048,514)	1,197,768)	734,468)

Based on: 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03).

¹ Deferred income tax expense (benefit). See details »

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Analog Devices Inc. (NASDAQ:ADI)

Adjustments to Financial Statements

Adjustments to Current Assets

Adjustments to Total Assets

Adjustments to Current Liabilities

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Reported Income