v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock and Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Balances at Apr. 25, 2025 $ 1,040 $ 1,106 $ 0 $ (66)
Balances (in shares) at Apr. 25, 2025   201    
Net Income (Loss) 233   233  
Other comprehensive income (loss) 26     26
Issuance of common stock under employee stock award plans, net of taxes (3) $ (3)    
Issuance of common stock under employee stock award plans, net of taxes (in shares)   2    
Repurchase of common stock (300) $ (67) (233)  
Repurchase of common stock, shares   (3)    
Stock-based compensation 83 $ 83    
Cash dividends declared (104) (104) 0  
Balances at Jul. 25, 2025 975 $ 1,015 0 (40)
Balances (in shares) at Jul. 25, 2025   200    
Balances at Apr. 24, 2026 $ 1,351 $ 1,209 153 (11)
Balances (in shares) at Apr. 24, 2026 196 196    
Net Income (Loss) $ 375   375  
Other comprehensive income (loss) (10)     (10)
Issuance of common stock under employee stock award plans, net of taxes (17) $ (17)    
Issuance of common stock under employee stock award plans, net of taxes (in shares)   2    
Repurchase of common stock (200) $ (9) (191)  
Repurchase of common stock, shares   (2)    
Stock-based compensation 98 $ 98    
Cash dividends declared (102) 0 (102)  
Balances at Jul. 31, 2026 $ 1,495 $ 1,281 $ 235 $ (21)
Balances (in shares) at Jul. 31, 2026 196 196