Supplemental Financial Information (Tables)

12 Months Ended

Apr. 24, 2020

Supplemental Financial Information [Abstract]

Cash and Cash Equivalents

Cash and cash equivalents (in millions):

The following table presents cash and cash equivalents as reported in our consolidated balance sheets, as well as the sum of cash, cash equivalents and restricted cash as reported on our consolidated statement of cash flows:

	April 24, 2020		April 26, 2019
Cash and cash equivalents	$	2,658	$	2,325
Restricted cash		8		6
Cash, cash equivalents and restricted cash	$	2,666	$	2,331

Inventories

Inventories (in millions):

	April 24, 2020		April 26, 2019
Purchased components	$	28	$	8
Finished goods		117		123
Inventories	$	145	$	131

Property and Equipment, Net

Property and equipment, net (in millions):

	April 24, 2020			April 26, 2019
Land	$	103		$	106
Buildings and improvements		597			605
Leasehold improvements		89			86
Computer, production, engineering and other equipment		802			817
Computer software		359			357
Furniture and fixtures		106			105
Construction-in-progress		32			10
		2,088			2,086
Accumulated depreciation and amortization		(1,361	)		(1,327	)
Property and equipment, net	$	727		$	759

Depreciation and Amortization Expense

Depreciation and amortization expense related to property and equipment, net is summarized below (in millions):

	Year Ended
	April 24, 2020		April 26, 2019		April 27, 2018
Depreciation and amortization expense	$	154	$	150	$	145

Other Non-Current Assets

Other non-current assets (in millions):

	April 24, 2020		April 26, 2019
Deferred tax assets	$	220	$	201
Operating lease ROU assets		137		—
Other assets		342		389
Other non-current assets	$	699	$	590

Accrued Expenses

Accrued expenses (in millions):

	April 24, 2020		April 26, 2019
Accrued compensation and benefits	$	322	$	433
Product warranty liabilities		26		25
Operating lease liabilities		51		—
Other current liabilities		375		393
Accrued expenses	$	774	$	851

Product Warranty Liabilities

The following tables summarize the activity related to product warranty liabilities and their balances as reported in our consolidated balance sheets (in millions):

	Year Ended
	April 24, 2020			April 26, 2019
Balance at beginning of period	$	40		$	40
Expense accrued during the period		26			22
Warranty costs incurred		(25	)		(22	)
Balance at end of period	$	41		$	40

	April 24, 2020		April 26, 2019
Accrued expenses	$	26	$	25
Other long-term liabilities		15		15
Total warranty liabilities	$	41	$	40

Other Long-term Liabilities

Other long-term liabilities (in millions):

	April 24, 2020		April 26, 2019
Liability for uncertain tax positions	$	136	$	252
Income taxes payable		399		447
Product warranty liabilities		15		15
Operating lease liabilities		93		—
Other liabilities		71		83
Other long-term liabilities	$	714	$	797

Other Income (Expense), Net

Other income (expense), net (in millions):

	Year Ended
	April 24, 2020			April 26, 2019			April 27, 2018
Interest income	$	48		$	88		$	79
Interest expense		(55	)		(58	)		(62	)
Other income, net		6			17			24
Other income (expense), net	$	(1	)	$	47		$	41

Statements of Cash Flows Additional Information

Non-cash investing and financing activities and supplemental cash flow information are as follows:

	Year Ended
	April 24, 2020		April 26, 2019		April 27, 2018
Non-cash Investing and Financing Activities:
Capital expenditures incurred but not paid	$	15	$	9	$	24
Non-cash extinguishment of sale-leaseback financing obligations	$	—	$	—	$	130
Supplemental Cash Flow Information:
Income taxes paid, net of refunds	$	276	$	205	$	87
Interest paid	$	50	$	53	$	58