Leases (Tables)

9 Months Ended

Jan. 29, 2021

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				Nine Months Ended
	January 29, 2021		January 24, 2020		January 29, 2021		January 24, 2020
Operating lease cost	$	13	$	13	$	41	$	42
Variable lease cost		3		4		8		12
Total lease cost	$	16	$	17	$	49	$	54

Supplemental Cash Flow Information Related to Operating Leases

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

	Nine Months Ended
	January 29, 2021		January 24, 2020
Cash paid for amounts included in the measurement of operating lease liabilities	$	43	$	43
Right-of-use assets obtained in exchange for new operating lease obligations	$	19	$	32

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):

	January 29, 2021			April 24, 2020
Other non-current assets	$	120		$	137
Total operating lease ROU assets	$	120		$	137
Accrued expenses	$	50		$	51
Other long-term liabilities		76			93
Total operating lease liabilities	$	126		$	144
Weighted Average Remaining Lease Term	3.4 years			3.9 years
Weighted Average Discount Rate		2.8	%		2.7	%

Future Minimum Operating Lease Payments

Future minimum operating lease payments as of January 29, 2021, which exclude the undiscounted payments for the build-to-suit lease expected to commence in fiscal 2022, are as follows (in millions):

Fiscal Year	Operating Leases
2021 (remainder)	$	16
2022		49
2023		29
2024		18
2025		10
2026		7
Thereafter		3
Total lease payments	$	132
Less: Interest		(6	)
Total	$	126