v3.26.1
Supplemental Financial Information (Tables)
12 Months Ended
Apr. 24, 2026
Supplemental Financial Information [Abstract]  
Cash and Cash Equivalents

Cash and cash equivalents (in millions):

The following table presents cash and cash equivalents as reported in our consolidated balance sheets, as well as the sum of cash, cash equivalents and restricted cash as reported on our consolidated statements of cash flows:

 

 

April 24, 2026

 

 

April 25, 2025

 

Cash and cash equivalents

 

$

2,070

 

 

$

2,742

 

Restricted cash

 

 

5

 

 

 

7

 

Cash, cash equivalents and restricted cash

 

$

2,075

 

 

$

2,749

 

 

Inventories

Inventories (in millions):

 

 

April 24, 2026

 

 

April 25, 2025

 

Purchased components

 

$

14

 

 

$

81

 

Finished goods

 

 

184

 

 

 

105

 

Inventories

 

$

198

 

 

$

186

 

Property and Equipment, Net

Property and equipment, net (in millions):

 

 

April 24, 2026

 

 

April 25, 2025

 

Land

 

$

46

 

 

$

46

 

Buildings and improvements

 

 

377

 

 

 

374

 

Leasehold improvements

 

 

114

 

 

 

103

 

Computer, production, engineering and other equipment

 

 

1,264

 

 

 

1,172

 

Computer software

 

 

66

 

 

 

329

 

Furniture and fixtures

 

 

61

 

 

 

62

 

Construction-in-progress

 

 

58

 

 

 

49

 

 

 

 

1,986

 

 

 

2,135

 

Accumulated depreciation and amortization

 

 

(1,394

)

 

 

(1,572

)

Property and equipment, net

 

$

592

 

 

$

563

 

Depreciation and Amortization Expense

Depreciation and amortization expense related to property and equipment, net is summarized below (in millions):

 

 

Year Ended

 

 

 

April 24, 2026

 

 

April 25, 2025

 

 

April 26, 2024

 

Depreciation and amortization expense

 

$

179

 

 

$

196

 

 

$

198

 

Other Non-Current Assets

Other non-current assets (in millions):

 

 

April 24, 2026

 

 

April 25, 2025

 

Deferred tax assets

 

$

859

 

 

$

994

 

Operating lease right-of-use (ROU) assets

 

 

228

 

 

 

241

 

Other assets

 

 

495

 

 

 

408

 

Other non-current assets

 

$

1,582

 

 

$

1,643

 

Accrued Expenses

Accrued expenses (in millions):

 

 

April 24, 2026

 

 

April 25, 2025

 

Accrued compensation and benefits

 

$

543

 

 

$

513

 

Income tax payable

 

 

29

 

 

 

146

 

Operating lease liabilities

 

 

42

 

 

 

40

 

Other current liabilities

 

 

537

 

 

 

423

 

Accrued expenses

 

$

1,151

 

 

$

1,122

 

Other Long-term Liabilities

Other long-term liabilities (in millions):

 

 

 

April 24, 2026

 

 

April 25, 2025

 

Liability for uncertain tax positions

 

$

38

 

 

$

45

 

Operating lease liabilities

 

 

204

 

 

 

216

 

Other liabilities

 

 

118

 

 

 

118

 

Other long-term liabilities

 

$

360

 

 

$

379

 

Summary of Activity Related to Deferred Commissions and their Balances in Condensed Consolidated Balance Sheets

The following table summarizes deferred commissions balances as reported in our consolidated balance sheets (in millions):

 

 

 

April 24, 2026

 

 

April 25, 2025

 

Other current assets

 

$

117

 

 

$

64

 

Other non-current assets

 

 

152

 

 

 

104

 

Total deferred commissions

 

$

269

 

 

$

168

 

Other (Expense) Income, Net

Other (expense) income, net (in millions):

 

 

 

Year Ended

 

 

 

April 24, 2026

 

 

April 25, 2025

 

 

April 26, 2024

 

Interest income

 

$

113

 

 

$

112

 

 

$

112

 

Interest expense

 

 

(109

)

 

 

(64

)

 

 

(64

)

Other, net

 

 

(30

)

 

 

(2

)

 

 

1

 

Total other (expense) income, net

 

$

(26

)

 

$

46

 

 

$

49

 

Statements of Cash Flows Additional Information

Supplemental cash flow information related to our operating leases is included in Note 8 – Leases. Non-cash investing activities and other supplemental cash flow information are presented below:

 

 

 

Year Ended

 

 

 

April 24, 2026

 

 

April 25, 2025

 

 

April 26, 2024

 

Non-cash Investing Activities:

 

 

 

 

 

 

 

 

 

Capital expenditures incurred but not paid

 

$

20

 

 

$

14

 

 

$

16

 

Supplemental Cash Flow Information:

 

 

 

 

 

 

 

 

 

Income taxes paid, net of refunds

 

$

435

 

 

$

412

 

 

$

357

 

Interest paid

 

$

109

 

 

$

53

 

 

$

59

 

Assets and Liabilities Held for Sale

The major classes of assets and liabilities derecognized were (in millions):

 

 

Amount

 

Assets:

 

 

 

Property and equipment, net

 

$

13

 

Goodwill

 

 

36

 

Purchased intangible assets, net

 

 

34

 

Total Assets

 

 

83

 

Liabilities:

 

 

 

Short-term deferred revenue

 

 

1