Financing Arrangements (Tables)

12 Months Ended

Apr. 29, 2016

Debt Disclosure [Abstract]

Carrying Value of Long-Term Debt

The following table summarizes information relating to our long-term debt (in millions, except interest rates):

	April 29, 2016						April 24, 2015
				Effective						Effective
	Amount			Interest Rate			Amount			Interest Rate
2.00% Senior Notes Due 2017	$	750			2.25	%	$	750			2.25	%
3.375% Senior Notes Due 2021		500			3.54	%		500			3.54	%
3.25% Senior Notes Due 2022		250			3.43	%		250			3.43	%
Total principal amount		1,500						1,500
Less:
Unamortized discount		(4	)					(5	)
Unamortized issuance costs		(6	)					(8	)
Total long-term debt	$	1,490					$	1,487

Future Principal Debt Maturities

As of April 29, 2016, our aggregate future principal debt maturities are as follows (in millions):

Fiscal Year	Amount
2018	$	750
Thereafter		750
Total	$	1,500

Amount of Interest Expense Related to Convertible Notes

The interest expense recognized on the Convertible Notes consisted of the following (in millions):

	Year Ended
	April 25, 2014
Contractual coupon interest expense	$	2
Amortization of debt discount		7
Amortization of debt issuance costs		1
Total interest expense related to Convertible Notes	$	10