Leases (Tables)

12 Months Ended

Apr. 30, 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):

	Year Ended
	April 30, 2021		April 24, 2020
Operating lease cost	$	55	$	55
Variable lease cost		11		16
Total lease cost	$	66	$	71

Supplemental Cash Flow Information Related to Operating Leases

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

	Year Ended
	April 30, 2021		April 24, 2020
Cash paid for amounts included in the measurement of operating lease liabilities	$	57	$	56
Right-of-use assets obtained in exchange for new operating lease obligations	$	31	$	41

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):

	April 30, 2021			April 24, 2020
Other non-current assets	$	114		$	137
Total operating lease ROU assets	$	114		$	137
Accrued expenses	$	49		$	51
Other long-term liabilities		71			93
Total operating lease liabilities	$	120		$	144
Weighted Average Remaining Lease Term	3.4 years			3.9 years
Weighted Average Discount Rate		2.9	%		2.7	%

Future Minimum Operating Lease Payments

Future minimum operating lease payments as of April 30, 2021, which exclude the undiscounted payments for the aforementioned build-to-suit and corporate headquarters leases to commence in fiscal 2022, are as follows (in millions):

Fiscal Year	Operating Leases
2022	$	52
2023		34
2024		21
2025		10
2026		8
Thereafter		4
Total lease payments		129
Less: Interest		(9	)
Total	$	120