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Leases (Tables)
12 Months Ended
Apr. 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 April 24, 2020:
(in millions)Balance Sheet ClassificationApril 24, 2020
Right-of-use assetsOther assets$927  
Current liabilityOther accrued expenses171  
Non-current liabilityOther liabilities774  
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 April 24, 2020:
April 24, 2020
Weighted-average remaining lease term7.2 years
Weighted-average discount rate3.0%
The following table summarizes the components of total operating lease cost for fiscal year 2020:
Fiscal Year
(in millions)2020
Operating lease cost$223  
Short-term lease cost46  
Total operating lease cost$269  
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 fiscal year 2020:
Fiscal Year
(in millions)2020
Cash paid for amounts included in the measurement of operating lease liabilities$221  
Right-of-use assets obtained in exchange for operating lease liabilities174  
Maturities of Operating Leases
The following table summarizes the maturities of the Company's operating leases at April 24, 2020:
(in millions)
Fiscal Year
Operating Leases
2021$218  
2022175  
2023144  
2024118  
2025102  
Thereafter  277  
Total expected lease payments  1,034  
Less: Imputed interest  (89) 
Total lease liability  $945  
Schedule of Future Minimum Lease Payments for 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  
2021157  
2022103  
202361  
202434  
Thereafter81  
Total minimum lease payments$652