Acquisitions (Tables)

6 Months Ended

Oct. 25, 2019

Business Combinations [Abstract]

Reconciliation of Beginning and Ending Balances of Contingent Consideration Associated with Acquisitions

The following table provides a reconciliation of the beginning and ending balances of contingent consideration:

	Three months ended				Six months ended
(in millions)	October 25, 2019		October 26, 2018		October 25, 2019		October 26, 2018
Beginning balance	$	269	$	208	$	222	$	173
Purchase price contingent consideration	7		11		65		46
Payments	(15)		(1)		(29)		(7)
Change in fair value	(1)		(15)		2		(9)
Ending balance	$	260	$	203	$	260	$	203

Fair Value Measurements, Contingent Consideration, Significant Unobservable Inputs

The recurring Level 3 fair value measurements of contingent consideration for which a liability is recorded include the following significant unobservable inputs:

	Fair Value at
(in millions)	October 25, 2019	Valuation Technique	Unobservable Input	Range
			Discount rate	11.5% - 32.5%
Revenue and other performance-based payments	$135	Discounted cash flow	Probability of payment	40% - 100%
			Projected fiscal year of payment	2020 - 2026
			Discount rate	5.5%
Product development and other milestone-based payments	$125	Discounted cash flow	Probability of payment	75% - 100%
			Projected fiscal year of payment	2020 - 2027