Net Income per Share

6 Months Ended

Oct. 25, 2019

Earnings Per Share [Abstract]

Net Income per Share

14. 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				Six Months Ended
	October 25, 2019		October 26, 2018		October 25, 2019		October 26, 2018
Numerator:
Net income	$	243	$	241	$	346	$	524
Denominator:
Shares used in basic computation		235		258		237		260
Dilutive impact of employee equity award plans		1		6		3		7
Shares used in diluted computation		236		264		240		267
Net Income per Share:
Basic	$	1.03	$	0.93	$	1.46	$	2.02
Diluted	$	1.03	$	0.91	$	1.44	$	1.96

Six million and three million potential shares from outstanding employee equity awards were excluded from the diluted net income per share calculations for the three and six months ended October 25, 2019, respectively, as their inclusion would have been anti-dilutive, while no potential shares were excluded from the calculation for the three or six months ended October 26, 2018.