Segment, Geographic, and Significant Customer Information (Tables)

12 Months Ended

Apr. 26, 2024

Segment Reporting [Abstract]

Schedule of Financial Information by Segment

Financial information by segment is as follows (in millions, except percentages):

	Year Ended April 26, 2024
	Hybrid Cloud			Public Cloud			Consolidated
Product revenues	$	2,849		$	—		$	2,849
Support revenues		2,488			—			2,488
Professional and other services revenues		320			—			320
Public cloud revenues		—			611			611
Net revenues		5,657			611			6,268
Cost of product revenues		1,131			—			1,131
Cost of support revenues		195			—			195
Cost of professional and other services revenues		243			—			243
Cost of public cloud revenues		—			203			203
Segment cost of revenues		1,569			203			1,772
Segment gross profit	$	4,088		$	408		$	4,496
Segment gross margin		72.3	%		66.8	%		71.7	%
Unallocated cost of revenues1								63
Total gross profit							$	4,433
Total gross margin								70.7	%
1 Unallocated cost of revenues are composed of $29 million of stock-based compensation expense and $34 million of amortization of intangible assets.

	Year Ended April 28, 2023
	Hybrid Cloud			Public Cloud			Consolidated
Product revenues	$	3,049		$	—		$	3,049
Support revenues		2,419			—			2,419
Professional and other services revenues		319			—			319
Public cloud revenues		—			575			575
Net revenues		5,787			575			6,362
Cost of product revenues		1,511			—			1,511
Cost of support revenues		181			—			181
Cost of professional and other services revenues		211			—			211
Cost of public cloud revenues		—			184			184
Segment cost of revenues		1,903			184			2,087
Segment gross profit	$	3,884		$	391		$	4,275
Segment gross margin		67.1	%		68.0	%		67.2	%
Unallocated cost of revenues1								66
Total gross profit							$	4,209
Total gross margin								66.2	%
1 Unallocated cost of revenues are composed of $24 million of stock-based compensation expense and $42 million of amortization of intangible assets.

	Year Ended April 29, 2022
	Hybrid Cloud			Public Cloud			Consolidated
Product revenues	$	3,284		$	—		$	3,284
Support revenues		2,344			—			2,344
Professional and other services revenues		294			—			294
Public cloud revenues		—			396			396
Net revenues		5,922			396			6,318
Cost of product revenues		1,541			—			1,541
Cost of support revenues		184			—			184
Cost of professional and other services revenues		205			—			205
Cost of public cloud revenues		—			118			118
Segment cost of revenues		1,930			118			2,048
Segment gross profit	$	3,992		$	278		$	4,270
Segment gross margin		67.4	%		70.2	%		67.6	%
Unallocated cost of revenues1								50
Total gross profit							$	4,220
Total gross margin								66.8	%
1 Unallocated cost of revenues are composed of $17 million of stock-based compensation expense and $33 million of amortization of intangible assets.

Schedule of Revenues by Geographic Region

Revenues summarized by geographic region are as follows (in millions):

	Year Ended
	April 26, 2024		April 28, 2023		April 29, 2022
United States, Canada and Latin America (Americas)	$	3,193	$	3,237	$	3,343
Europe, Middle East and Africa (EMEA)		2,104		2,148		2,003
Asia Pacific (APAC)		971		977		972
Net revenues	$	6,268	$	6,362	$	6,318

Schedule of Cash, Cash Equivalents and Short-Term Investments

The following table presents cash, cash equivalents and short-term investments held in the U.S. and internationally in various foreign subsidiaries (in millions):

	April 26, 2024		April 28, 2023
U.S.	$	1,142	$	887
International		2,110		2,183
Total	$	3,252	$	3,070

Schedule of Property and Equipment, Net by Geographic Areas

The following table presents property and equipment information for geographic areas based on the physical location of the assets (in millions):

	April 26, 2024		April 28, 2023
U.S.	$	378	$	413
International		226		237
Total	$	604	$	650

Schedule of Revenues from Significant Customers

The following customers, each of which is a distributor, accounted for 10% or more of our net revenues:

	Year Ended
	April 26, 2024			April 28, 2023			April 29, 2022
Arrow Electronics, Inc.		22	%		24	%		24	%
TD Synnex Corporation (previously presented as Tech Data Corporation)		22	%		21	%		21	%

Schedule of Net Accounts Receivable from Significant Customers

The following customers accounted for 10% or more of accounts receivable:

	April 26, 2024			April 28, 2023
Arrow Electronics, Inc.		10	%		15	%
TD Synnex Corporation (previously presented as Tech Data Corporation)		26	%		19	%