v3.26.1
Financial Instruments
12 Months Ended
Apr. 24, 2026
Investments [Abstract]  
Financial Instruments Financial Instruments
The Company holds equity investments without readily determinable fair values and investments accounted for under the equity method. Equity investments that do not have readily determinable fair values are included within Level 3 of the fair value hierarchy, as they are measured using the measurement alternative at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for an identical or similar investment of the same issuer.
The following table summarizes the Company's equity and other investments at April 24, 2026 and April 25, 2025, which are classified as other assets in the consolidated balance sheets:
(in millions)April 24, 2026April 25, 2025
Investments without readily determinable fair values$73 $73 
Equity method investments
Total equity investments$75 $75 
The table below includes activities related to the Company’s portfolio of equity and other investments:
Fiscal Year
(in millions)202620252024
Proceeds from sales$— $— $11 
Impairment losses recognized$$$