Leases (Tables)

3 Months Ended

Jul. 31, 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
	July 31, 2020		July 26, 2019
Operating lease cost	$	14	$	14
Variable lease cost		3		4
Total lease cost	$	17	$	18

Supplemental Cash Flow Information Related to Operating Leases

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

	Three Months Ended
	July 31, 2020		July 26, 2019
Cash paid for amounts included in the measurement of operating lease liabilities	$	14	$	13
Right-of-use assets obtained in exchange for new operating lease obligations	$	10	$	6

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):

	July 31, 2020			April 24, 2020
Other non-current assets	$	135		$	137
Total operating lease ROU assets	$	135		$	137
Accrued expenses	$	52		$	51
Other long-term liabilities		90			93
Total operating lease liabilities	$	142		$	144
Weighted Average Remaining Lease Term	3.7 years			3.9 years
Weighted Average Discount Rate		2.7	%		2.7	%

Future Minimum Operating Lease Payments

Future minimum operating lease payments as of July 31, 2020, which exclude the undiscounted payments for the build-to-suit lease expected to commence in fiscal 2021, are as follows (in millions):

	Operating Leases
Fiscal 2021 (remainder)	$	43
Fiscal 2022		45
Fiscal 2023		26
Fiscal 2024		16
Fiscal 2025		9
Fiscal 2026		7
Thereafter		3
Total lease payments	$	149
Less: Interest		(7	)
Total	$	142