Derivatives and Hedging Activities (Tables)

6 Months Ended

Oct. 30, 2020

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Schedule of Notional Value of Outstanding Foreign Currency Exchange Forward Contracts

The notional amount of our outstanding U.S. dollar equivalent foreign currency exchange forward contracts consisted of the following (in millions):

	October 30, 2020		April 24, 2020
Cash Flow Hedges
Forward contracts purchased	$	145	$	124
Balance Sheet Contracts
Forward contracts sold	$	378	$	254
Forward contracts purchased	$	111	$	108

Schedule of Derivative Instruments Not Designated as Hedging Instruments

The effect of derivative instruments not designated as hedging instruments recognized in other income (expense), net on our condensed consolidated statements of operations was as follows (in millions):

	Three Months Ended					Six Months Ended
	October 30, 2020			October 25, 2019		October 30, 2020		October 25, 2019
	Gain (Loss) Recognized in Income					Gain (Loss) Recognized in Income
Foreign currency exchange contracts	$	(6	)	$	—	$	17	$	(3	)