Supplemental Financial Information (Tables)

6 Months Ended

Oct. 25, 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 statements of cash flows:

	October 25, 2019		April 26, 2019
Cash and cash equivalents	$	2,545	$	2,325
Restricted cash		6		6
Cash, cash equivalents and restricted cash	$	2,551	$	2,331

Inventories

Inventories (in millions):

	October 25, 2019		April 26, 2019
Purchased components	$	14	$	8
Finished goods		97		123
Inventories	$	111	$	131

Property and Equipment, Net

Property and equipment, net (in millions):

	October 25, 2019			April 26, 2019
Land	$	104		$	106
Buildings and improvements		609			605
Leasehold improvements		86			86
Computer, production, engineering and other equipment		841			817
Computer software		358			357
Furniture and fixtures		106			105
Construction-in-progress		21			10
		2,125			2,086
Accumulated depreciation and amortization		(1,379	)		(1,327	)
Property and equipment, net	$	746		$	759

Other Non-Current Assets

Other non-current assets (in millions):

	October 25, 2019		April 26, 2019
Deferred tax assets	$	223	$	201
Operating lease ROU assets		143		—
Other assets		348		389
Other non-current assets	$	714	$	590

Accrued Expenses

Accrued expenses (in millions):

	October 25, 2019		April 26, 2019
Accrued compensation and benefits	$	279	$	433
Product warranty liabilities		26		25
Operating lease liabilities		49		—
Other current liabilities		252		393
Accrued expenses	$	606	$	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						Six Months Ended
	October 25, 2019			October 26, 2018			October 25, 2019			October 26, 2018
Balance at beginning of period	$	39		$	38		$	40		$	40
Expense accrued during the period		7			6			12			10
Warranty costs incurred		(6	)		(5	)		(12	)		(11	)
Balance at end of period	$	40		$	39		$	40		$	39

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

Other Long-term Liabilities

Other long-term liabilities (in millions):

	October 25, 2019		April 26, 2019
Liability for uncertain tax positions	$	251	$	252
Income taxes payable		399		447
Product warranty liabilities		14		15
Operating lease liabilities		102		—
Other liabilities		71		83
Other long-term liabilities	$	837	$	797

Other Income, Net

Other income, net (in millions):

	Three Months Ended						Six Months Ended
	October 25, 2019			October 26, 2018			October 25, 2019			October 26, 2018
Interest income	$	12		$	21		$	31		$	46
Interest expense		(12	)		(14	)		(27	)		(28	)
Other income, net		3			—			14			7
Total other income, net	$	3		$	7		$	18		$	25

Statements of Cash Flows Additional Information

Supplemental cash flow information related to our operating leases is included in Note 9 ─ Leases. Non-cash investing activities and other supplemental cash flow information are presented below:

	Six Months Ended
	October 25, 2019		October 26, 2018
Non-cash Investing Activities:
Capital expenditures incurred but not paid	$	6	$	7
Supplemental Cash Flow Information:
Income taxes paid, net of refunds	$	260	$	104
Interest paid	$	25	$	26