Leases (Tables)

9 Months Ended

Jan. 24, 2020

Leases [Abstract]

Summary of Balance Sheet Classification of Operating Leases and Amounts of Right-of-Use Assets and Lease Liabilities

The following table summarizes the balance sheet classification of the Company's operating leases and amounts of the right-of-use assets and lease liabilities at January 24, 2020:

(in millions)	Balance Sheet Classification	January 24, 2020
Right-of-use assets	Other assets	$	995
Current liability	Other accrued expenses	169
Non-current liability	Other liabilities	851

Schedule of Components of Total Operating Lease Cost and Supplemental Lease Information

The following table summarizes the weighted-average remaining lease term and weighted-average discount rate for the Company's operating leases at January 24, 2020:

	January 24, 2020
Weighted-average remaining lease term	7.5 years
Weighted-average discount rate	3.0%

The following table summarizes the components of total operating lease cost for the three and nine months ended January 24, 2020:

	Three months ended		Nine months ended
(in millions)	January 24, 2020		January 24, 2020
Operating lease cost	$	59	$	170
Short-term lease cost	10		32
Total operating lease cost	$	69	$	202

The following table summarizes the cash paid for amounts included in the measurement of operating lease liabilities and right-of-use assets obtained in exchange for operating lease liabilities for the nine months ended January 24, 2020:

	Nine months ended
(in millions)	January 24, 2020
Cash paid for amounts included in the measurement of operating lease liabilities	$	167
Right-of-use assets obtained in exchange for operating lease liabilities	178

Maturities of Operating Leases

The following table summarizes the maturities of the Company's operating leases at January 24, 2020:

(in millions) Fiscal Year	Operating Leases
Remaining 2020	$	81
2021	203
2022	171
2023	147
2024	125
Thereafter	448
Total expected lease payments	1,175
Less: Imputed interest	(155)
Total lease liability	$	1,020

Minimum Payments Under Non-Cancelable Operating Leases

As disclosed in the Company’s Annual Report on Form 10-K for the fiscal year ended April 26, 2019, minimum payments under non-cancelable operating leases at April 26, 2019 were:

(in millions) Fiscal Year	Operating Leases
2020	$	216
2021	157
2022	103
2023	61
2024	34
Thereafter	81
Total minimum lease payments	$	652