Segment, Geographic, and Significant Customer Information (Tables)

9 Months Ended

Jan. 28, 2022

Segment Reporting [Abstract]

Schedule of Financial Information by Segment

Financial information by segment is as follows (in millions, except percentages):

	Three Months Ended January 28, 2022
	Hybrid Cloud			Public Cloud			Consolidated
Product revenues	$	846		$	—		$	846
Support revenues		586			—			586
Professional and other services revenues		72			—			72
Public cloud revenues		—			110			110
Net revenues		1,504			110			1,614
Cost of product revenues		404			—			404
Cost of support revenues		45			—			45
Cost of professional and other services revenues		46			—			46
Cost of public cloud revenues		—			32			32
Segment cost of revenues		495			32			527
Segment gross profit	$	1,009		$	78		$	1,087
Segment gross margin		67.1	%		70.9	%		67.3	%
Unallocated cost of revenues1								14
Total gross profit							$	1,073
Total gross margin								66.5	%
1 Unallocated cost of revenues are composed of $5 million of stock-based compensation expense and $9 million of amortization of intangible assets.

	Three Months Ended January 29, 2021
	Hybrid Cloud			Public Cloud			Consolidated
Product revenues	$	775		$	—		$	775
Support revenues		571			—			571
Professional and other services revenues		69			—			69
Public cloud revenues		—			55			55
Net revenues		1,415			55			1,470
Cost of product revenues		361			—			361
Cost of support revenues		49			—			49
Cost of professional and other services revenues		53			—			53
Cost of public cloud revenues		—			17			17
Segment cost of revenues		463			17			480
Segment gross profit	$	952		$	38		$	990
Segment gross margin		67.3	%		69.1	%		67.3	%
Unallocated cost of revenues1								15
Total gross profit							$	975
Total gross margin								66.3	%
1 Unallocated cost of revenues are composed of $3 million of stock-based compensation expense and $12 million of amortization of intangible assets.

	Nine Months Ended January 28, 2022
	Hybrid Cloud			Public Cloud			Consolidated
Product revenues	$	2,390		$	—		$	2,390
Support revenues		1,754			—			1,754
Professional and other services revenues		218			—			218
Public cloud revenues		—			276			276
Net revenues		4,362			276			4,638
Cost of product revenues		1,099			—			1,099
Cost of support revenues		141			—			141
Cost of professional and other services revenues		151			—			151
Cost of public cloud revenues		—			80			80
Segment cost of revenues		1,391			80			1,471
Segment gross profit	$	2,971		$	196		$	3,167
Segment gross margin		68.1	%		71.0	%		68.3	%
Unallocated cost of revenues1								36
Total gross profit							$	3,131
Total gross margin								67.5	%
1 Unallocated cost of revenues are composed of $13 million of stock-based compensation expense and $23 million of amortization of intangible assets.

	Nine Months Ended January 29, 2021
	Hybrid Cloud			Public Cloud			Consolidated
Product revenues	$	2,151		$	—		$	2,151
Support revenues		1,701			—			1,701
Professional and other services revenues		204			—			204
Public cloud revenues		—			133			133
Net revenues		4,056			133			4,189
Cost of product revenues		1,018			—			1,018
Cost of support revenues		150			—			150
Cost of professional and other services revenues		151			—			151
Cost of public cloud revenues		—			46			46
Segment cost of revenues		1,319			46			1,365
Segment gross profit	$	2,737		$	87		$	2,824
Segment gross margin		67.5	%		65.4	%		67.4	%
Unallocated cost of revenues1								44
Total gross profit							$	2,780
Total gross margin								66.4	%
1 Unallocated cost of revenues are composed of $10 million of stock-based compensation expense and $34 million of amortization of intangible assets.

Schedule of Revenues by Geographic Region

Revenues summarized by geographic region are as follows (in millions):

	Three Months Ended				Nine Months Ended
	January 28,  2022		January 29,  2021		January 28,  2022		January 29,  2021
United States, Canada and Latin America (Americas)	$	902	$	778	$	2,556	$	2,268
Europe, Middle East and Africa (EMEA)		516		474		1,431		1,279
Asia Pacific (APAC)		196		218		651		642
Net revenues	$	1,614	$	1,470	$	4,638	$	4,189

Schedule of Cash, Cash Equivalents and Short-Term Investments

The following table presents cash, cash equivalents and short-term investments held in the U.S. and internationally in various foreign subsidiaries (in millions):

	January 28,  2022		April 30,  2021
U.S.	$	2,219	$	2,098
International		1,982		2,498
Total	$	4,201	$	4,596

Schedule of Property and Equipment, Net by Geographic Areas

The following table presents property and equipment information for geographic areas based on the physical location of the assets (in millions):

	January 28,  2022		April 30,  2021
U.S.	$	374	$	340
International		201		185
Total	$	575	$	525

Schedule of Revenues from Significant Customers

The following customers, each of which is a distributor, accounted for 10% or more of our net revenues:

	Three Months Ended						Nine Months Ended
	January 28,  2022			January 29,  2021			January 28,  2022			January 29,  2021
Arrow Electronics, Inc.		25	%		24	%		25	%		24	%
Tech Data Corporation		21	%		19	%		21	%		20	%

Schedule of Net Accounts Receivable from Significant Customers

The following customers accounted for 10% or more of accounts receivable in at least one of the periods presented:

	January 28,  2022			April 30,  2021
Arrow Electronics, Inc.		8	%		10	%
Tech Data Corporation		17	%		21	%