Leases (Tables)

6 Months Ended

Oct. 28, 2022

Leases [Abstract]

Components of Lease Cost Related to Operating Leases

The components of lease cost related to our operating leases were as follows (in millions):

	Three Months Ended				Six Months Ended
	October 28,  2022		October 29, 2021		October 28,  2022		October 29, 2021
Operating lease cost	$	16	$	16	$	31	$	31
Variable lease cost		4		4		8		8
Total lease cost	$	20	$	20	$	39	$	39

Supplemental Cash Flow Information Related to Operating Leases

The supplemental cash flow information related to our operating leases is as follows (in millions):

	Six Months Ended
	October 28,  2022		October 29, 2021
Cash paid for amounts included in the measurement of operating lease liabilities	$	29	$	28
Right-of-use assets obtained in exchange for new operating lease obligations	$	31	$	178

Supplemental Balance Sheet Information Related to Operating Leases

The supplemental balance sheet information related to our operating leases is as follows (in millions, except lease term and discount rate):

	October 28,  2022			April 29,  2022
Other non-current assets	$	298		$	294
Total operating lease ROU assets	$	298		$	294
Accrued expenses	$	47		$	47
Other long-term liabilities		261			257
Total operating lease liabilities	$	308		$	304
Weighted Average Remaining Lease Term	9.6 years			9.6 years
Weighted Average Discount Rate		2.9	%		2.8	%

Future Minimum Operating Lease Payments

Future minimum operating lease payments as of October 28, 2022, are as follows (in millions):

Fiscal Year	Amount
2023 (remainder)	$	28
2024		50
2025		40
2026		36
2027		31
Thereafter		175
Total lease payments		360
Less: Interest		(52	)
Total	$	308