Revenue (Tables)

3 Months Ended

Jul. 31, 2020

Revenue From Contract With Customer [Abstract]

Summary of Disaggregation of Revenue

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

	Three Months Ended
	July 31, 2020		July 26, 2019
Product revenues	$	627	$	644
Software maintenance revenues	301		250
Hardware maintenance and other services revenues		375		342
Hardware maintenance support contracts	307			284
Professional and other services	68			58
Net revenues	$	1,303	$	1,236

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 condensed consolidated balance sheets (in millions):

	July 31, 2020		April 24, 2020
Deferred product revenue	$	49	$	75
Deferred services revenue		3,520		3,567
Financed unearned services revenue		51		56
Total	$	3,620	$	3,698
Reported as:
Short-term	$	1,814	$	1,894
Long-term		1,806		1,804
Total	$	3,620	$	3,698

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

	Three Months Ended
	July 31, 2020			July 26, 2019
Balance at beginning of period	$	3,698		$	3,668
Additions		644			447
Revenue recognized during the period		(722	)		(605	)
Balance at end of period	$	3,620		$	3,510

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

The following tables summarize the activity related to deferred commissions and their balances as reported in our condensed consolidated balance sheets (in millions):

	Three Months Ended
	July 31, 2020			July 26, 2019
Balance at beginning of period	$	156		$	172
Additions		21			16
Expense recognized during the period		(25	)		(25	)
Balance at end of period	$	152		$	163

	July 31, 2020		April 24, 2020
Other current assets	$	64	$	67
Other non-current assets		88		89
Total deferred commissions	$	152	$	156