v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jul. 31, 2026
Apr. 24, 2026
Current assets:    
Cash and cash equivalents $ 1,573 $ 2,070
Short-term investments 2,003 1,514
Accounts receivable 966 1,286
Inventories 375 198
Other current assets 755 708
Total current assets 5,672 5,776
Property and equipment, net 663 592
Goodwill 2,916 2,772
Purchased intangible assets, net 38 22
Other non-current assets 1,666 1,582
Total assets 10,955 10,744
Current liabilities:    
Accounts payable 566 550
Accrued expenses 1,200 1,151
Current portion of long-term debt 550 0
Short-term deferred revenue 2,252 2,320
Total current liabilities 4,568 4,021
Long-term debt 1,938 2,487
Other long-term liabilities 360 360
Long-term deferred revenue 2,594 2,525
Total liabilities 9,460 9,393
Commitments and contingencies (Note 14)
Stockholders' equity:    
Common stock and additional paid-in capital, $0.001 par value, 885 shares authorized; 196 shares issued and outstanding as of July 31, 2026 and April 24, 2026 1,281 1,209
Retained earnings 235 153
Accumulated other comprehensive loss (21) (11)
Total stockholders' equity 1,495 1,351
Total liabilities and stockholders' equity $ 10,955 $ 10,744