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Goodwill and Purchased Intangible Assets, Net (Tables)
12 Months Ended
Apr. 28, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Activity and Classification of Goodwill by Reportable Segment

Goodwill activity is summarized as follows (in millions):

 

 

Amount

 

Balance as of April 30, 2021

 

$

2,039

 

Additions

 

 

307

 

Balance as of April 29, 2022

 

 

2,346

 

Additions

 

 

413

 

Balance as of April 28, 2023

 

$

2,759

 

The

Goodwill by reportable segment as of April 28, 2023 is as follows (in millions):

 

 

Amount

 

Hybrid Cloud

 

$

1,714

 

Public Cloud

 

 

1,045

 

Total goodwill

 

$

2,759

 

 

Purchased Intangible Assets, Net

Purchased intangible assets, net are summarized below (in millions):

 

 

April 28, 2023

 

 

April 29, 2022

 

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

 

Assets

 

 

Amortization

 

 

Assets

 

 

Assets

 

 

Amortization

 

 

Assets

 

Developed technology

 

$

212

 

 

$

(107

)

 

$

105

 

 

$

157

 

 

$

(65

)

 

$

92

 

Customer contracts/relationships

 

 

118

 

 

 

(44

)

 

 

74

 

 

 

68

 

 

 

(20

)

 

 

48

 

Other purchased intangibles

 

 

6

 

 

 

(4

)

 

 

2

 

 

 

4

 

 

 

(2

)

 

 

2

 

Total purchased intangible assets

 

$

336

 

 

$

(155

)

 

$

181

 

 

$

229

 

 

$

(87

)

 

$

142

 

Amortization Expense for Purchased Intangible Assets

Amortization expense for purchased intangible assets is summarized below (in millions):

 

 

Year Ended

 

 

Statements of

 

 

April 28, 2023

 

 

April 29, 2022

 

 

April 30, 2021

 

 

Income
Classifications

Developed technology

 

$

42

 

 

$

33

 

 

$

41

 

 

Cost of revenues

Customer contracts/relationships

 

 

24

 

 

 

11

 

 

 

8

 

 

Operating expenses

Other purchased intangibles

 

 

2

 

 

 

2

 

 

 

 

 

Operating expenses

Total

 

$

68

 

 

$

46

 

 

$

49

 

 

 

Future Amortization Expense Related to Purchased Intangible Assets

As of April 28, 2023, future amortization expense related to purchased intangible assets is as follows (in millions):

Fiscal Year

 

Amount

 

2024

 

$

57

 

2025

 

 

55

 

2026

 

 

39

 

2027

 

 

29

 

2028

 

 

1

 

Total

 

$

181