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Interest Expense, Net
 12 Months Ended
Apr. 26, 2013
Interest Expense Net [Abstract]  
Interest Expense, Net
Interest Expense, Net
Interest income and interest expense for fiscal years 2013, 2012, and 2011 are as follows:
 
Fiscal Year
(in millions)
2013
 
2012
 
2011
Interest income
$
(237
)
 
$
(200
)
 
$
(172
)
Interest expense
388

 
349

 
450

Interest expense, net
$
151

 
$
149

 
$
278


Interest income includes interest earned on the Company’s cash, cash equivalents and investments, the net realized and unrealized gain or loss on trading securities, ineffectiveness on interest rate derivative instruments, and the net realized gain or loss on the sale or impairment of available-for-sale debt securities. See Note 5 for further discussion of these items.
Interest expense includes the expense associated with the interest on the Company’s outstanding borrowings, including short- and long-term instruments, ineffectiveness on interest rate derivative instruments, and the amortization of debt issuance costs and debt discounts.