Derivatives and Hedging Activities (Tables)

3 Months Ended

Jul. 26, 2019

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Schedule of Notional Value of Outstanding Foreign Currency Exchange Forward Contracts

The notional amount of our outstanding U.S. dollar equivalent foreign currency exchange forward contracts consisted of the following (in millions):

	July 26, 2019		April 26, 2019
Cash Flow Hedges
Forward contracts purchased	$	301	$	103
Balance Sheet Contracts
Forward contracts sold	$	153	$	121
Forward contracts purchased	$	139	$	363

Schedule of Derivative Instruments Not Designated as Hedging Instruments

The effect of derivative instruments not designated as hedging instruments recognized in other income, net on our condensed consolidated statements of operations was as follows (in millions):

	Three Months Ended
	July 26, 2019			July 27, 2018
	Gain (Loss) Recognized in Income
Foreign currency exchange contracts	$	(3	)	$	10