Leases (Tables)

6 Months Ended

Oct. 30, 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				Six Months Ended
	October 30, 2020		October 25, 2019		October 30, 2020		October 25, 2019
Operating lease cost	$	14	$	15	$	28	$	29
Variable lease cost		2		4		5		8
Total lease cost	$	16	$	19	$	33	$	37

Supplemental Cash Flow Information Related to Operating Leases

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

	Six Months Ended
	October 30, 2020		October 25, 2019
Cash paid for amounts included in the measurement of operating lease liabilities	$	28	$	29
Right-of-use assets obtained in exchange for new operating lease obligations	$	16	$	21

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):

	October 30, 2020			April 24, 2020
Other non-current assets	$	129		$	137
Total operating lease ROU assets	$	129		$	137
Accrued expenses	$	52		$	51
Other long-term liabilities		84			93
Total operating lease liabilities	$	136		$	144
Weighted Average Remaining Lease Term	3.5 years			3.9 years
Weighted Average Discount Rate		2.7	%		2.7	%

Future Minimum Operating Lease Payments

Future minimum operating lease payments as of October 30, 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)	$	30
Fiscal 2022		47
Fiscal 2023		28
Fiscal 2024		17
Fiscal 2025		9
Fiscal 2026		8
Thereafter		3
Total lease payments	$	142
Less: Interest		(6	)
Total	$	136