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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jul. 28, 2023
Apr. 28, 2023
Current assets:    
Cash and cash equivalents $ 2,020 $ 2,316
Short-term investments 955 754
Accounts receivable 653 987
Inventories 131 167
Other current assets 401 456
Total current assets 4,160 4,680
Property and equipment, net 641 650
Goodwill 2,759 2,759
Other intangible assets, net 166 181
Other non-current assets 1,544 1,548
Total assets 9,270 9,818
Current liabilities:    
Accounts payable 344 392
Accrued expenses 778 857
Short-term deferred revenue and financed unearned services revenue 2,127 2,218
Total current liabilities 3,249 3,467
Long-term debt 2,390 2,389
Other long-term liabilities 703 708
Long-term deferred revenue and financed unearned services revenue 2,055 2,095
Total liabilities 8,397 8,659
Commitments and contingencies (Note 15)
Stockholders' equity:    
Common stock and additional paid-in capital, $0.001 par value; 209 and 212 shares issued and outstanding as of July 28, 2023 and April 28, 2023, respectively. 921 945
Retained earnings 0 265
Accumulated other comprehensive loss (48) (51)
Total stockholders' equity 873 1,159
Total liabilities and stockholders' equity $ 9,270 $ 9,818