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Net Income per Share (Tables)
9 Months Ended
Jan. 29, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share

The following is a calculation of basic and diluted net income per share (in millions, except per share amounts):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

January 29,

2021

 

 

January 24,

2020

 

 

January 29,

2021

 

 

January 24,

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

182

 

 

$

277

 

 

$

396

 

 

$

623

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in basic computation

 

 

223

 

 

 

226

 

 

 

222

 

 

 

233

 

Dilutive impact of employee equity award plans

 

 

4

 

 

 

3

 

 

 

3

 

 

 

3

 

Shares used in diluted computation

 

 

227

 

 

 

229

 

 

 

225

 

 

 

236

 

Net Income per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.82

 

 

$

1.23

 

 

$

1.78

 

 

$

2.67

 

Diluted

 

$

0.80

 

 

$

1.21

 

 

$

1.76

 

 

$

2.64