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Revenue (Tables)
12 Months Ended
Apr. 30, 2021
Revenue From Contract With Customer [Abstract]  
Summary of Disaggregation of Revenue

The following table depicts the disaggregation of revenue by our products and services (in millions):

 

Year Ended

 

 

April 30, 2021

 

 

April 24, 2020

 

 

April 26, 2019

 

Product revenues

$

2,991

 

 

$

2,995

 

 

$

3,755

 

Software support revenues

 

1,281

 

 

 

1,034

 

 

 

946

 

Hardware support and other services revenues

 

1,472

 

 

 

1,383

 

 

 

1,445

 

Hardware support contracts

 

1,195

 

 

 

1,142

 

 

 

1,182

 

Professional and other services

 

277

 

 

 

241

 

 

 

263

 

Net revenues

$

5,744

 

 

$

5,412

 

 

$

6,146

 

Deferred Revenue and Financed Unearned Services Revenue

The following table summarizes the components of our deferred revenue and financed unearned services balance as reported in our consolidated balance sheets (in millions):

 

April 30, 2021

 

 

April 20, 2020

 

Deferred product revenue

$

59

 

 

$

75

 

Deferred services revenue

 

3,873

 

 

 

3,567

 

Financed unearned services revenue

 

71

 

 

 

56

 

Total

$

4,003

 

 

$

3,698

 

 

 

 

 

 

 

 

 

Reported as:

 

 

 

 

 

 

 

Short-term

$

2,062

 

 

$

1,894

 

Long-term

 

1,941

 

 

 

1,804

 

Total

$

4,003

 

 

$

3,698

 

The following tables summarize the activity related to deferred revenue and financed unearned services revenue (in millions):

 

Year Ended

 

 

April 30, 2021

 

 

April 20, 2020

 

Balance at beginning of period

$

3,698

 

 

$

3,668

 

Additions

 

3,191

 

 

 

2,513

 

Revenue recognized during the period

 

(2,886

)

 

 

(2,483

)

Balance at end of period

$

4,003

 

 

$

3,698

 

Summary of Activity Related to Deferred Commissions and their Balances in Consolidated Balance Sheets The following tables summarize the activity related to deferred commissions and their balances as reported in our consolidated balance sheets (in millions):

 

Year Ended

 

 

April 30, 2021

 

 

April 24, 2020

 

Balance at beginning of period

$

156

 

 

$

172

 

Additions

 

142

 

 

 

79

 

Expense recognized during the period

 

(101

)

 

 

(95

)

Balance at end of period

$

197

 

 

$

156

 

 

 

April 30, 2021

 

 

April 24, 2020

 

Other current assets

$

86

 

 

$

67

 

Other non-current assets

 

111

 

 

 

89

 

Total deferred commissions

$

197

 

 

$

156