We lease real estate, equipment and automobiles in the U.S. and internationally. Our real estate leases, which are responsible for the majority of our aggregate ROU asset and liability balances, include leases for office space, data centers and other facilities, and as of April 24, 2026, have remaining lease terms not exceeding 16 years. Some of these leases contain options that allow us to extend or terminate the lease agreement. Our equipment leases are primarily for servers and networking equipment and as of April 24, 2026, have remaining lease terms not exceeding 3 years. As of April 24, 2026, our automobile leases have remaining lease terms not exceeding 4 years. All our leases are classified as operating leases except for certain immaterial equipment finance leases.

The components of lease cost related to our operating leases were as follows (in millions):


	Year Ended
	April 24, 2026		April 25, 2025
Operating lease cost	$	52	$	51
Variable lease cost		15		15
Total lease cost	$	67	$	66

Variable lease cost is primarily attributable to amounts paid to lessors for common area maintenance and utility charges under our real estate leases.

The supplemental cash flow information related to our operating leases is as follows (in millions):


	Year Ended
	April 24, 2026		April 25, 2025
Cash paid for amounts included in the measurement of operating lease liabilities	$	49	$	48
ROU assets obtained in exchange for new operating lease obligations	$	29	$	25

The supplemental balance sheet information related to our operating leases is as follows (in millions, except lease term and discount rate):


	April 24, 2026			April 25, 2025
Other non-current assets	$	228		$	241
Total operating lease ROU assets	$	228		$	241

Accrued expenses	$	42		$	40
Other long-term liabilities		204			216
Total operating lease liabilities	$	246		$	256

Weighted Average Remaining Lease Term	7.7 years			8.5 years

Weighted Average Discount Rate		3.5	%		3.4	%


Fiscal Year	Amount
2027	$	47
2028		43
2029		38
2030		32
2031		30
Thereafter		93
Total lease payments		283
Less: Interest		(37	)
Total	$	246