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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jan. 26, 2018
Jan. 27, 2017
Jan. 26, 2018
Jan. 27, 2017
Revenues:        
Product $ 920 $ 784 $ 2,450 $ 2,154
Software maintenance 237 240 711 723
Hardware maintenance and other services 366 380 1,109 1,161
Net revenues 1,523 1,404 4,270 4,038
Cost of revenues:        
Cost of product 468 435 1,238 1,170
Cost of software maintenance 6 7 19 22
Cost of hardware maintenance and other services 108 111 336 369
Total cost of revenues 582 553 1,593 1,561
Gross profit 941 851 2,677 2,477
Operating expenses:        
Sales and marketing 423 381 1,268 1,228
Research and development 193 181 580 588
General and administrative 72 64 209 201
Restructuring charges 0 52 0 52
Gain on sale of properties (218) (10) (218) (10)
Total operating expenses 470 668 1,839 2,059
Income from operations 471 183 838 418
Other income (expense), net 14 0 25 (1)
Income before income taxes 485 183 863 417
Provision for income taxes 991 37 1,058 98
Net income (loss) $ (506) $ 146 $ (195) $ 319
Net income (loss) per share:        
Basic $ (1.89) $ 0.53 $ (0.72) $ 1.15
Diluted $ (1.89) $ 0.52 $ (0.72) $ 1.13
Shares used in net income (loss) per share calculations:        
Basic 268 274 269 277
Diluted 268 281 269 282
Cash dividends declared per share $ 0.20 $ 0.19 $ 0.60 $ 0.57