Leases (Tables)

9 Months Ended

Jan. 24, 2020

Leases [Abstract]

Components of Lease Cost Related to Operating Leases

The components of lease cost related to our operating leases were as follows (in millions):

	Three Months Ended		Nine Months Ended
	January 24, 2020		January 24, 2020
Operating lease cost	$	13	$	42
Variable lease cost		4		12
Total lease cost	$	17	$	54

Supplemental Cash Flow Information Related to Operating Leases

The supplemental cash flow information related to our operating leases is as follows (in millions):

	Nine Months Ended
	January 24, 2020
Cash paid for amounts included in the measurement of operating lease liabilities	$	43
Right-of-use assets obtained in exchange for new operating lease obligations	$	32

Supplemental Balance Sheet Information Related to Operating Leases

The supplemental balance sheet information related to our operating leases is as follows (in millions, except lease term and discount rate):

	January 24, 2020
Other non-current assets	$	142
Total operating lease ROU assets	$	142
Accrued expenses	$	50
Other long-term liabilities		99
Total operating lease liabilities	$	149
Weighted Average Remaining Lease Term	4.0 years
Weighted Average Discount Rate		2.7	%

Future Minimum Operating Lease Payments

Future minimum operating lease payments as of January 24, 2020 are as follows (in millions):

	Operating Leases
Fiscal 2020 (remainder)	$	14
Fiscal 2021		51
Fiscal 2022		37
Fiscal 2023		22
Fiscal 2024		15
Thereafter		19
Total lease payments	$	158
Less: Interest		(9	)
Total	$	149

Schedule of Future Minimum Operating Lease Payments

Prior to our adoption of the new lease standard, future minimum operating lease payments as of April 26, 2019, which were undiscounted and excluded non-lease components, were as follows (in millions):

	Operating Leases
Fiscal 2020	$	47
Fiscal 2021		38
Fiscal 2022		26
Fiscal 2023		14
Fiscal 2024		10
Thereafter		16
Total lease payments	$	151