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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jan. 27, 2017
Jan. 29, 2016
Jan. 27, 2017
Jan. 29, 2016
Revenues:        
Product $ 784 $ 750 $ 2,154 $ 2,229
Software maintenance 240 234 723 715
Hardware maintenance and other services 380 402 1,161 1,222
Net revenues 1,404 1,386 4,038 4,166
Cost of revenues:        
Cost of product 435 381 1,170 1,134
Cost of software maintenance 7 9 22 28
Cost of hardware maintenance and other services 111 141 369 449
Total cost of revenues 553 531 1,561 1,611
Gross profit 851 855 2,477 2,555
Operating expenses:        
Sales and marketing 381 418 1,228 1,358
Research and development 181 200 588 660
General and administrative 64 70 201 223
Restructuring charges 52 0 52 28
Acquisition-related expense 0 2 0 2
Gain on sale of properties (10) 0 (10) 0
Total operating expenses 668 690 2,059 2,271
Income from operations 183 165 418 284
Other income (expense), net 0 (2) (1) 1
Income before income taxes 183 163 417 285
Provision for income taxes 37 10 98 48
Net income $ 146 $ 153 $ 319 $ 237
Net income per share:        
Basic $ 0.53 $ 0.52 $ 1.15 $ 0.80
Diluted $ 0.52 $ 0.52 $ 1.13 $ 0.79
Shares used in net income per share calculations:        
Basic 274 293 277 297
Diluted 281 296 282 300
Cash dividends declared per share $ 0.190 $ 0.180 $ 0.570 $ 0.540