XML 92 R30.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Apr. 26, 2013
Accounting Policies [Abstract]  
Schedule of Inventory, Net of Reserves
(in millions)
April 26,
2013
 
April 27,
2012
Finished goods
$
1,174

 
$
1,175

Work in process
248

 
288

Raw materials
290

 
337

Total
$
1,712

 
$
1,800
Schedule of Property, Plant and Equipment
(in millions)
April 26,
2013
 
April 27,
2012
 
Lives
(in years)
Land and land improvements
$
151

 
$
135

 
Up to 20

Buildings and leasehold improvements
1,532

 
1,475

 
Up to 40

Equipment
4,110

 
3,858

 
3-7

Construction in progress
359

 
328

 
—

Subtotal
6,152

 
5,796

 
 

Less: Accumulated depreciation
(3,662
)
 
(3,323
)
 
 

Property, plant, and equipment, net
$
2,490

 
$
2,473

 
 
Schedule of Product Warranty Obligations
(in millions)
 
 

Balance as of April 29, 2011
 
$
35

Warranty claims provision
 
23

Settlements made
 
(27
)
Balance as of April 27, 2012
 
$
31

Warranty claims provision
 
25

Settlements made
 
(21
)
Balance as of April 26, 2013
 
$
35
Schedule of AOCI
(in millions)
 
Unrealized
Gain (Loss) on
Investments
 
Cumulative
Translation
Adjustments
 
Net Change in
Retirement
Obligations
 
Unrealized Gain (Loss) on Derivatives
 
Accumulated Other
Comprehensive Loss
Balance as of April 30, 2010
 
$
(30
)
 
$
243

 
$
(612
)
 
$
92

 
$
(307
)
Other comprehensive (loss) income
 
226

 
200

 
5

 
(348
)
 
83

Balance as of April 29, 2011
 
$
196

 
$
443

 
$
(607
)
 
$
(256
)
 
$
(224
)
Other comprehensive (loss) income
 
(66
)
 
(137
)
 
(227
)
 
181

 
(249
)
Balance as of April 27, 2012
 
$
130

 
$
306

 
$
(834
)
 
$
(75
)
 
$
(473
)
Other comprehensive (loss) income
 
(33
)
 
(21
)
 
(18
)
 
53

 
(19
)
Balance as of April 26, 2013
 
$
97

 
$
285

 
$
(852
)
 
$
(22
)
 
$
(492
)
Schedule of Earnings Per Share
 
Fiscal Year
(in millions, except per share data)
2013
 
2012
 
2011
Numerator:
 

 
 

 
 

Earnings from continuing operations
$
3,467

 
$
3,415

 
$
3,055

Earnings from discontinued operations
—

 
202

 
41

Net earnings
3,467

 
3,617

 
3,096

Denominator:
 

 
 

 
 

Basic – weighted average shares outstanding
1,019.3

 
1,053.9

 
1,077.4

Effect of dilutive securities:
 

 
 

 
 

Employee stock options
2.8

 
0.9

 
0.6

Employee restricted stock units
5.3

 
4.9

 
3.4

Other
0.1

 
0.2

 
0.3

Diluted – weighted average shares outstanding
1,027.5

 
1,059.9

 
1,081.7

Basic earnings per share:
 

 
 

 
 

Earnings from continuing operations
$
3.40

 
$
3.24

 
$
2.84

Earnings from discontinued operations
$
—

 
$
0.19

 
$
0.04

Net earnings*
$
3.40

 
$
3.43

 
$
2.87

Diluted earnings per share:
 

 
 

 
 

Earnings from continuing operations
$
3.37

 
$
3.22

 
$
2.82

Earnings from discontinued operations
$
—

 
$
0.19

 
$
0.04

Net earnings
$
3.37

 
$
3.41

 
$
2.86

* All earnings per share amounts have been rounded to the nearest $0.01, and therefore, may not sum.