v3.26.1
Leases (Tables)
12 Months Ended
Apr. 24, 2026
Leases [Abstract]  
Summary of Balance Sheet Classification of Operating Leases and Amounts of Right-of-Use Assets and Lease Liabilities The following table summarizes the balance sheet classification of the Company's operating leases, including the amounts of the right-of-use assets and lease liabilities at April 24, 2026 and April 25, 2025:
(in millions)Balance Sheet ClassificationApril 24, 2026April 25, 2025
Right-of-use assetsOther assets$52 $66 
Current liabilityOther accrued expenses$$11 
Non-current liabilityOther liabilities$45 $56 
Schedule of Components of Total Operating Lease Cost and Supplemental Lease Information
The following table summarizes the weighted-average remaining lease term and weighted-average discount rate for the Company's operating leases at April 24, 2026 and April 25, 2025.
April 24, 2026April 25, 2025
Weighted-average remaining lease term8.0 Years8.1 Years
Weighted-average discount rate3.0 %3.9 %
The following table summarizes the cash paid for amounts included in the measurement of operating lease liabilities and right-of-use assets obtained in exchange for operating lease liabilities for fiscal years 2026, 2025 and 2024:
Fiscal Year
(in millions)202620252024
Cash payments for operating leases$10 $11 $10 
Additions and modifications to right-of-use assets28 29 
Maturities of Operating Leases
The following table summarizes the maturities of the Company’s operating leases at April 24, 2026:
(in millions)
Fiscal Year
Operating Leases
2027$10 
202810 
2029
2030
2031
Thereafter20 
Total expected lease payments
61 
Less: Imputed interest(8)
Total lease liability
$53