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Net Income per Share (Tables)
12 Months Ended
Apr. 29, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share

The following is a calculation of basic and diluted net income per share (in millions, except per share amounts):

 

 

 

Year Ended

 

 

 

April 29, 2022

 

 

April 30, 2021

 

 

April 24, 2020

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income

 

$

937

 

 

$

730

 

 

$

819

 

Denominator:

 

 

 

 

 

 

 

 

 

Shares used in basic computation

 

 

223

 

 

 

222

 

 

 

230

 

Dilutive impact of employee equity award plans

 

 

6

 

 

 

4

 

 

 

3

 

Shares used in diluted computation

 

 

229

 

 

 

226

 

 

 

233

 

Net Income per Share:

 

 

 

 

 

 

 

 

 

Basic

 

$

4.20

 

 

$

3.29

 

 

$

3.56

 

Diluted

 

$

4.09

 

 

$

3.23

 

 

$

3.52