v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Jul. 31, 2026
Jul. 25, 2025
Operating Activities:    
Net income (loss) $ 0 $ (16)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 41 39
Provision for credit losses 6 3
Deferred income taxes 2 0
Stock-based compensation 10 9
Postretirement benefit plan expense 0 2
Other, net 1 11
Change in operating assets and liabilities:    
Inventories (15) (30)
Other operating assets and liabilities (25) 18
Net cash used in operating activities (49) (141)
Investing Activities:    
Additions to property, plant, and equipment (41) (53)
Other investing activities, net 0 (10)
Net cash used in investing activities (41) (63)
Financing Activities:    
Net transfers from Parent 0 202
Net cash provided by financing activities 0 202
Effect of exchange rate changes on cash and cash equivalents (1) 0
Net change in cash and cash equivalents (91) (2)
Cash and cash equivalents at beginning of period 298 11
Cash and cash equivalents at end of period 207 9
Supplemental Cash Flow Information    
Capitalized costs in accounts payable and accrued liabilities 42 25
Related Party    
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Stock-based compensation   9
Change in operating assets and liabilities:    
Accounts receivable, net 13 (5)
Accounts payable and accrued liabilities 25 (171)
Financing Activities:    
Net transfers from Parent   202
Nonrelated Party    
Change in operating assets and liabilities:    
Accounts receivable, net (161) 0
Accounts payable and accrued liabilities $ 53 $ 0