The following table presents cash and cash equivalents as reported in our condensed consolidated balance sheets, as well as the sum of cash, cash equivalents and restricted cash as reported on our condensed consolidated statement of cash flows:

	July 26, 2019		April 26, 2019
Cash	$	2,858	$	2,216
Cash equivalents		109		109
Cash and cash equivalents	$	2,967	$	2,325
Short-term restricted cash		5		5
Long-term restricted cash		1		1
Restricted cash	$	6	$	6
Cash, cash equivalents and restricted cash	$	2,973	$	2,331

	July 26, 2019		April 26, 2019
Purchased components	$	21	$	8
Finished goods		95		123
Inventories	$	116	$	131

	July 26, 2019			April 26, 2019
Land	$	106		$	106
Buildings and improvements		607			605
Leasehold improvements		85			86
Computer, production, engineering and other equipment		833			817
Computer software		358			357
Furniture and fixtures		105			105
Construction-in-progress		12			10
		2,106			2,086
Accumulated depreciation and amortization		(1,352	)		(1,327	)
Property and equipment, net	$	754		$	759

In September 2017, we entered into an agreement to sell certain land and buildings located in Sunnyvale, California, through two separate and independent closings, the first of which was completed in the third quarter of fiscal 2018. The remaining properties, consisting of land with a net book value of $52 million, were classified as assets held for sale, and included as other current assets in our condensed consolidated balance sheets as of July 26, 2019 and April 26, 2019. We will consummate the sale of these properties, and receive cash proceeds of $96 million, upon the completion of the second closing, which is expected to occur within the next 12 months. That closing is subject to due diligence, certain termination rights and customary closing conditions, including local governmental approval of the subdivision of a land parcel.

	July 26, 2019		April 26, 2019
Deferred tax assets	$	207	$	201
Operating lease ROU assets		142		—
Other assets		360		389
Other non-current assets	$	709	$	590

Other non-current assets as of each July 26, 2019 and April 26, 2019 includes $78 million for our 49% non-controlling equity interest in Lenovo NetApp Technology Limited, a China-based entity that we formed with Lenovo (Beijing) Information Technology Ltd. in fiscal 2019.

	July 26, 2019		April 26, 2019
Accrued compensation and benefits	$	257	$	433
Product warranty liabilities		25		25
Operating lease liabilities		51		—
Other current liabilities		300		393
Accrued expenses	$	633	$	851

Equipment and software systems sales include a standard product warranty. The following tables summarize the activity related to product warranty liabilities and their balances as reported in our condensed consolidated balance sheets (in millions):

	Three Months Ended
	July 26, 2019			July 27, 2018
Balance at beginning of period	$	40		$	40
Expense accrued during the period		5			4
Warranty costs incurred		(6	)		(6	)
Balance at end of period	$	39		$	38

	July 26, 2019		April 26, 2019
Accrued expenses	$	25	$	25
Other long-term liabilities		14		15
Total warranty liabilities	$	39	$	40

Warranty expense accrued during the period includes amounts accrued for systems at the time of shipment, adjustments for changes in estimated costs for warranties on systems shipped in the period and changes in estimated costs for warranties on systems shipped in prior periods.

	July 26, 2019		April 26, 2019
Liability for uncertain tax positions	$	249	$	252
Income taxes payable		447		447
Product warranty liabilities		14		15
Operating lease liabilities		100		—
Other liabilities		72		83
Other long-term liabilities	$	882	$	797

Supplemental cash flow information related to our operating leases is included in Note 10 ─ Leases. Non-cash investing activities and other supplemental cash flow information are presented below:

	Three Months Ended
	July 26, 2019		July 27, 2018
Non-cash Investing Activities:
Capital expenditures incurred but not paid	$	10	$	10
Supplemental Cash Flow Information:
Income taxes paid, net of refunds	$	55	$	22
Interest paid	$	14	$	14