Revenue (Tables)

12 Months Ended

Apr. 24, 2020

Revenue From Contract With Customer [Abstract]

The following table depicts the disaggregation of revenue by our products and services (in millions):

	Year Ended
	April 24, 2020		April 26, 2019		April 27, 2018
Product revenues	$	2,995	$	3,755	$	3,525
Strategic		1,806		2,100		1,709
Mature		1,189		1,655		1,816
Software maintenance revenues		1,034		946		902
Hardware maintenance and other services revenues		1,383		1,445		1,492
Hardware maintenance support contracts		1,142		1,182		1,214
Professional and other services		241		263		278
Net revenues	$	5,412	$	6,146	$	5,919

Deferred Revenue and Financed Unearned Services Revenue

The following table summarizes the components of our deferred revenue and financed unearned services balance as reported in our consolidated balance sheets (in millions):

	April 24, 2020		April 26, 2019
Deferred product revenue	$	75	$	84
Deferred services revenue		3,567		3,502
Financed unearned services revenue		56		82
Total	$	3,698	$	3,668

Reported as:
Short-term	$	1,894	$	1,825
Long-term		1,804		1,843
Total	$	3,698	$	3,668

The following tables summarize the activity related to deferred revenue and financed unearned services revenue (in millions):

	Year Ended
	April 24, 2020			April 26, 2019
Balance at beginning of period	$	3,668		$	3,363
Additions		2,513			2,763
Revenue recognized during the period		(2,483	)		(2,458	)
Balance at end of period	$	3,698		$	3,668

Summary of Activity Related to Deferred Commissions and their Balances in Consolidated Balance Sheets

The following tables summarize the activity related to deferred commissions 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	$	172		$	137
Additions		79			112
Expense recognized during the period		(95	)		(77	)
Balance at end of period	$	156		$	172

	April 24, 2020		April 26, 2019
Other current assets	$	67	$	75
Other non-current assets		89		97
Total deferred commissions	$	156	$	172