Net Income per Share

3 Months Ended

Jul. 26, 2019

Earnings Per Share [Abstract]

Net Income per Share

15. Net Income per Share

The following is a calculation of basic and diluted net income per share (in millions, except per share amounts):

	Three Months Ended
	July 26, 2019		July 27, 2018
Numerator:
Net income	$	103	$	283
Denominator:
Shares used in basic computation		239		262
Dilutive impact of employee equity award plans		4		7
Shares used in diluted computation		243		269
Net Income per Share:
Basic	$	0.43	$	1.08
Diluted	$	0.42	$	1.05

Less than 1 million potential shares from outstanding employee equity awards were excluded from the diluted net income per share calculation for the three months ended July 26, 2019, while no potential shares were excluded from the calculation for the three months ended July 27, 2018.