v3.25.2
Financing Arrangements (Tables)
 12 Months Ended
Apr. 25, 2025
Debt Disclosure [Abstract]  
Schedule of Current Debt Obligations
Current debt obligations consisted of the following:
(in millions)April 25, 2025April 26, 2024
Bank borrowings$13 $13 
0.250 percent six-year 2019 senior notes
1,142 — 
0.000 percent five-year 2020 senior notes
1,142 — 
2.625 percent three-year 2022 senior notes
571 — 
Finance lease obligations6 6 
Commercial Paper— 1,073 
Current debt obligations$2,874 $1,092 
Schedule of Long-term Debt
The Company's long-term debt obligations consisted of the following:
  April 25, 2025April 26, 2024
(in millions, except interest rates)Maturity by Fiscal YearAmountEffective Interest RateAmountEffective Interest Rate
0.250 percent six-year 2019 senior notes
2026$— — %$1,070 0.44 %
0.000 percent five-year 2020 senior notes
2026— — 1,070 0.23 
2.625 percent three-year 2022 senior notes
2026— — 535 2.86 
1.125 percent eight-year 2019 senior notes
20271,714 1.25 1,606 1.25 
4.250 percent five-year 2023 senior notes
20281,000 4.42 1,000 4.42 
3.000 percent six-year 2022 senior notes
20291,142 3.09 1,070 3.10 
0.375 percent eight-year 2020 senior notes
20291,142 0.51 1,070 0.51 
3.650 percent five-year 2024 senior notes
2030971 3.74 — — 
1.625 percent twelve-year 2019 senior notes
20311,142 1.75 1,070 1.75 
1.000 percent twelve-year 2019 senior notes
20321,142 1.06 1,070 1.06 
3.125 percent nine-year 2022 senior notes
20321,142 3.25 1,070 3.25 
0.750 percent twelve-year 2020 senior notes
20331,142 0.81 1,070 0.81 
4.500 percent ten-year 2023 senior notes
20331,000 4.62 1,000 4.62 
3.375 percent twelve-year 2022 senior notes
20351,142 3.44 1,070 3.44 
4.375 percent twenty-year 2015 senior notes
20351,932 4.47 1,932 4.47 
3.875 percent twelve-year 2024 senior notes
2037971 3.93 — — 
6.550 percent thirty-year 2007 CIFSA senior notes
2038253 4.67 253 4.67 
2.250 percent twenty-year 2019 senior notes
20391,142 2.34 1,070 2.34 
6.500 percent thirty-year 2009 senior notes
2039158 6.56 158 6.56 
1.500 percent twenty-year 2019 senior notes
20401,142 1.58 1,070 1.58 
5.550 percent thirty-year 2010 senior notes
2040224 5.58 224 5.58 
1.375 percent twenty-year 2020 senior notes
20411,142 1.46 1,070 1.46 
4.500 percent thirty-year 2012 senior notes
2042105 4.54 105 4.54 
4.000 percent thirty-year 2013 senior notes
2043305 4.10 305 4.09 
4.150 percent nineteen-year 2024 senior notes
2044685 4.20 — — 
4.625 percent thirty-year 2014 senior notes
2044127 4.67 127 4.67 
4.625 percent thirty-year 2015 senior notes
20451,813 4.69 1,813 4.69 
1.750 percent thirty-year 2019 senior notes
20501,142 1.87 1,070 1.87 
1.625 percent thirty-year 2020 senior notes
20511,142 1.75 1,070 1.75 
4.150 percent twenty-nine-year 2024 senior notes
2054800 4.19 — — 
Finance lease obligations2027-204052 10.00 55 10.17 
Debt discount, net2027-2054(59)— (55)— 
Deferred financing costs2027-2054(117)— (110)— 
Long-term debt $25,642 $23,932 
Schedule of Maturities of Long-term Debt
Contractual maturities of debt for the next five fiscal years and thereafter, excluding deferred financing costs and debt discount, net, are as follows:
(in millions)
2026$2,874 
20271,721 
20281,006 
20292,290 
2030977 
Thereafter19,824 
Total $28,691 
Supplier Finance Program
The following table presents a roll-forward of outstanding payables confirmed as valid associated with the program during fiscal year 2025:
Fiscal Year
(in millions)2025
Beginning Balance$96 
Invoices confirmed during the year522 
Confirmed invoices paid during the year(517)
Ending Balance$100