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Net Income per Share (Tables)
3 Months Ended
Jul. 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):

 

 

 

Three Months Ended

 

 

 

July 29,
 2022

 

 

July 30,
2021

 

Numerator:

 

 

 

 

 

 

Net income

 

$

214

 

 

$

202

 

Denominator:

 

 

 

 

 

 

Shares used in basic computation

 

 

220

 

 

 

223

 

Dilutive impact of employee equity award plans

 

 

4

 

 

 

6

 

Shares used in diluted computation

 

 

224

 

 

 

229

 

Net Income per Share:

 

 

 

 

 

 

Basic

 

$

0.97

 

 

$

0.91

 

Diluted

 

$

0.96

 

 

$

0.88