Financing Arrangements (Tables)

9 Months Ended

Jan. 26, 2024

Debt Disclosure [Abstract]

Carrying Value of Long-Term Debt

The following table summarizes information relating to our long-term debt, which we collectively refer to as our Senior Notes (in millions, except interest rates):

	Effective Interest Rate	January 26,  2024			April 28,   2023
3.30% Senior Notes Due September 2024	3.42%	$	400		$	400
1.875% Senior Notes Due June 2025	2.03%		750			750
2.375% Senior Notes Due June 2027	2.51%		550			550
2.70% Senior Notes Due June 2030	2.81%		700			700
Total principal amount			2,400			2,400
Unamortized discount and issuance costs			(9	)		(11	)
Total senior notes			2,391			2,389
Less: Current portion of long-term debt			(400	)		—
Total long-term debt		$	1,991		$	2,389

Future Principal Debt Maturities

As of January 26, 2024, our aggregate future principal debt maturities are as follows (in millions):

Fiscal Year	Amount
2024 (remainder)	$	—
2025		400
2026		750
2027		—
2028		550
Thereafter		700
Total	$	2,400