Financing Arrangements (Tables)

12 Months Ended

Apr. 28, 2017

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 28, 2017						April 29, 2016
				Effective						Effective
	Amount			Interest Rate			Amount			Interest Rate
2.00% Senior Notes Due December 2017	$	750			2.25	%	$	750			2.25	%
3.375% Senior Notes Due June 2021		500			3.54	%		500			3.54	%
3.25% Senior Notes Due December 2022		250			3.43	%		250			3.43	%
Total principal amount		1,500						1,500
Unamortized discount and issuance costs		(7	)					(10	)
Total senior notes		1,493						1,490
Less:  Current portion of long-term debt		(749	)					—
Total long-term debt	$	744					$	1,490

Future Principal Debt Maturities

As of April 28, 2017, our aggregate future principal debt maturities are as follows (in millions):

Fiscal Year	Amount
2018	$	750
2022		500
Thereafter		250
Total	$	1,500