Supplemental Financial Information (Tables)

3 Months Ended

Jul. 26, 2019

Supplemental Financial Information [Abstract]

Cash, Cash Equivalents and Restricted Cash

Cash, cash equivalents and restricted cash (in millions):

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

Inventories

Inventories (in millions):

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

Property and Equipment, Net

Property and equipment, net (in millions):

	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

Other Non-Current Assets

Other non-current assets (in millions):

	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

Accrued Expenses

Accrued expenses (in millions):

	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

Product Warranty Liabilities

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

Other Long-term Liabilities

Other long-term liabilities (in millions):

	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

Statements of Cash Flows Additional Information

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