v3.26.1
Earnings Per Share
12 Months Ended
Apr. 24, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share is computed based on the weighted average number of ordinary shares outstanding. Diluted earnings per share is computed based on the weighted average number of ordinary shares outstanding, increased by the number of additional shares that would have been outstanding had the potentially dilutive ordinary shares been issued, and reduced by the number of shares the Company could have repurchased with the proceeds from issuance of the potentially dilutive shares. Potentially dilutive ordinary shares include stock-based awards granted under stock-based compensation plans and shares committed to be purchased under the employee stock purchase plan.
The table below sets forth the computation of basic and diluted earnings per share:
 Fiscal Year
(in millions, except per share data)202620252024
Numerator:   
Net income attributable to ordinary shareholders$4,801 $4,662 $3,676 
Denominator:  
Basic – weighted average shares outstanding1,281.8 1,285.6 1,327.7 
Effect of dilutive securities:  
Employee stock options0.7 0.5 0.7 
Employee restricted stock units2.9 2.2 1.4 
Employee performance share units2.7 1.5 0.4 
Diluted – weighted average shares outstanding1,288.1 1,289.9 1,330.2 
Basic earnings per share$3.75 $3.63 $2.77 
Diluted earnings per share$3.73 $3.61 $2.76 
The calculation of weighted average diluted shares outstanding excludes stock options, restricted stock units, and performance share units of approximately 17 million, 26 million, and 28 million ordinary shares in fiscal years 2026, 2025, and 2024, respectively because their effect would have been anti-dilutive on the Company’s earnings per share.