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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Oct. 27, 2017
Oct. 28, 2016
Oct. 27, 2017
Oct. 28, 2016
Revenues:        
Product $ 807 $ 710 $ 1,530 $ 1,370
Software maintenance 240 242 474 483
Hardware maintenance and other services 375 388 743 781
Net revenues 1,422 1,340 2,747 2,634
Cost of revenues:        
Cost of product 399 376 770 735
Cost of software maintenance 6 7 13 15
Cost of hardware maintenance and other services 115 128 228 258
Total cost of revenues 520 511 1,011 1,008
Gross profit 902 829 1,736 1,626
Operating expenses:        
Sales and marketing 420 418 845 847
Research and development 194 200 387 407
General and administrative 69 69 137 137
Total operating expenses 683 687 1,369 1,391
Income from operations 219 142 367 235
Other income (expense), net 6 0 11 (1)
Income before income taxes 225 142 378 234
Provision for income taxes 50 33 67 61
Net income $ 175 $ 109 $ 311 $ 173
Net income per share:        
Basic $ 0.65 $ 0.39 $ 1.15 $ 0.62
Diluted $ 0.64 $ 0.38 $ 1.12 $ 0.61
Shares used in net income per share calculations:        
Basic 269 278 270 278
Diluted 275 284 277 283
Cash dividends declared per share $ 0.20 $ 0.19 $ 0.40 $ 0.38