v3.26.1
Employee Benefits and Deferred Compensation (Tables)
12 Months Ended
Apr. 24, 2026
Retirement Benefits [Abstract]  
Amount Contributed Under 401(k) Plans Our employer matching contributions to the 401(k) Plan were as follows (in millions):

 

 

Year Ended

 

 

 

April 24, 2026

 

 

April 25, 2025

 

 

April 26, 2024

 

401(k) matching contributions

 

$

29

 

 

$

30

 

 

$

29

 

Deferred Compensation Plans The related deferred compensation plan assets and liabilities under the non-qualified deferred compensation plan were as follows (in millions):

 

 

April 24, 2026

 

 

April 25, 2025

 

Deferred compensation plan assets reported as:

 

 

 

 

 

 

Other current assets

 

$

9

 

 

$

7

 

Other non-current assets

 

$

40

 

 

$

34

 

Deferred compensation plan liabilities reported as:

 

 

 

 

 

 

Accrued expenses

 

$

9

 

 

$

7

 

Other long-term liabilities

 

$

40

 

 

$

34

 

Schedule of Defined Benefit Plans

The funded status of our defined benefit plans, which is recognized in other long-term liabilities in our consolidated balance sheets, was as follows (in millions):

 

April 24, 2026

 

 

April 25, 2025

 

Fair value of plan assets

 

$

73

 

 

$

66

 

Benefit obligations

 

 

(107

)

 

 

(106

)

Unfunded obligations

 

$

(34

)

 

$

(40

)