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Net Income per Share (Tables)
9 Months Ended
Jan. 27, 2023
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

 

 

Nine Months Ended

 

 

 

January 27,
2023

 

 

January 28,
2022

 

 

January 27,
2023

 

 

January 28,
2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

65

 

 

$

252

 

 

$

1,029

 

 

$

678

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in basic computation

 

 

216

 

 

 

223

 

 

 

218

 

 

 

223

 

Dilutive impact of employee equity award plans

 

 

3

 

 

 

6

 

 

 

3

 

 

 

6

 

Shares used in diluted computation

 

 

219

 

 

 

229

 

 

 

221

 

 

 

229

 

Net Income per Share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.30

 

 

$

1.13

 

 

$

4.72

 

 

$

3.04

 

Diluted

 

$

0.30

 

 

$

1.10

 

 

$

4.66

 

 

$

2.96