v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock and Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Loss
Balances at Apr. 28, 2023 $ 1,159 $ 945 $ 265 $ (51)
Balances (in shares) at Apr. 28, 2023   212    
Net Income (Loss) 986   986  
Other comprehensive income (8)     (8)
Issuance of common stock under employee stock award plans, net of taxes (27) $ (27)    
Issuance of common stock under employee stock award plans, net of taxes (in shares)   6    
Repurchase of common stock (900) $ (102) (798)  
Repurchase of common stock, shares   (12)    
Excise tax on net stock repurchases (5) $ (5)    
Stock-based compensation 353 353    
Modification of liability-classified awards 4 4    
Cash dividends declared (416) (171) (245)  
Balances at Apr. 26, 2024 1,146 $ 997 208 (59)
Balances (in shares) at Apr. 26, 2024   206    
Net Income (Loss) 1,186   1,186  
Other comprehensive income (7)     (7)
Issuance of common stock under employee stock award plans, net of taxes (91) $ (91)    
Issuance of common stock under employee stock award plans, net of taxes (in shares)   5    
Repurchase of common stock (1,150) $ (50) (1,100)  
Repurchase of common stock, shares   (10)    
Excise tax on net stock repurchases (6) $ (6)    
Stock-based compensation 386 386    
Cash dividends declared (424) (130) (294)  
Balances at Apr. 25, 2025 $ 1,040 $ 1,106 0 (66)
Balances (in shares) at Apr. 25, 2025 201 201    
Net Income (Loss) $ 1,276   1,276  
Other comprehensive income 55     55
Issuance of common stock under employee stock award plans, net of taxes (34) $ (34)    
Issuance of common stock under employee stock award plans, net of taxes (in shares)   4    
Repurchase of common stock (950) $ (98) (852)  
Repurchase of common stock, shares   (9)    
Excise tax on net stock repurchases (5) $ (5)    
Stock-based compensation 382 382    
Cash dividends declared (413) (142) (271)  
Balances at Apr. 24, 2026 $ 1,351 $ 1,209 $ 153 $ (11)
Balances (in shares) at Apr. 24, 2026 196 196