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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Oct. 27, 2023
Oct. 28, 2022
Cash flows from operating activities:    
Net Income (Loss) $ 382 $ 964
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 128 117
Non-cash operating lease cost 23 27
Stock-based compensation 180 145
Deferred income taxes (13) (570)
Other items, net (27) (127)
Changes in assets and liabilities, net of acquisitions of businesses:    
Accounts receivable 185 313
Inventories 46 (40)
Other operating assets (26) (24)
Accounts payable 14 (28)
Accrued expenses 48 (108)
Deferred revenue and financed unearned services revenue (241) (93)
Long-term taxes payable (110) (84)
Other operating liabilities (1) 3
Net cash provided by operating activities 588 495
Cash flows from investing activities:    
Purchases of investments (860) (420)
Maturities, sales and collections of investments 932 78
Purchases of property and equipment (73) (142)
Acquisitions of businesses, net of cash acquired 0 (491)
Other investing activities, net 0 59
Net cash used in investing activities (1) (916)
Cash flows from financing activities:    
Proceeds from issuance of common stock under employee stock award plans 52 54
Payments for taxes related to net share settlement of stock awards (85) (63)
Repurchase of common stock (700) (500)
Repayments and extinguishment of debt 0 (250)
Dividends paid (209) (218)
Other financing activities, net 0 (2)
Net cash used in provided by financing activities (942) (979)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (26) (43)
Net change in cash, cash equivalents and restricted cash (381) (1,443)
Cash, cash equivalents and restricted cash:    
Beginning of period 2,322 4,119
End of period $ 1,941 $ 2,676