Financing Arrangements (Tables)

3 Months Ended

Jul. 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):

	July 29, 2016						April 29, 2016
				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
Unamortized discount and issuance costs		(9	)					(10	)
Total long-term debt	$	1,491					$	1,490

Future Principal Debt Maturities

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

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