XML 132 R26.htm IDEA: XBRL DOCUMENT
v3.20.1

Accumulated Other Comprehensive Loss | 12 Months Ended
--- | ---
Apr. 24, 2020
Equity [Abstract] |
Accumulated Other Comprehensive Loss | Accumulated Other Comprehensive Loss The following table provides changes in AOCI, net of tax and by component:
(in millions) | Unrealized (Loss) Gain on Investment Securities |  | Cumulative Translation Adjustments |  | Net Investment Hedges |  | Net Change in Retirement Obligations |  | Unrealized Gain (Loss) on Cash Flow Hedges |  | Total Accumulated Other Comprehensive (Loss) Income
April 28, 2017 | $ | (69) |  |  | $ | (1,195) |  |  | $ | (257) |  |  | $ | (1,129) |  |  | $ | 37 |  |  | $ | (2,613) |
Other comprehensive (loss) income before reclassifications | (95) |  |  | 1,218 |  |  | — |  |  | 100 |  |  | (272) |  |  | 951 |
Reclassifications | (8) |  |  | (34) |  |  | — |  |  | 67 |  |  | 54 |  |  | 79 |
Other comprehensive (loss) income | (103) |  |  | 1,184 |  |  | — |  |  | 167 |  |  | (218) |  |  | 1,030 |
Cumulative effect of change in accounting principle(1) | (22) |  |  | — |  |  | — |  |  | (155) |  |  | (26) |  |  | (203) |
April 27, 2018 | (194) |  |  | (11) |  |  | (257) |  |  | (1,117) |  |  | (207) |  |  | (1,786) |
Other comprehensive income (loss) before reclassifications | 67 |  |  | (1,372) |  |  | 88 |  |  | (266) |  |  | 457 |  |  | (1,026) |
Reclassifications | 35 |  |  | — |  |  | — |  |  | 75 |  |  | (56) |  |  | 54 |
Other comprehensive income (loss) | 102 |  |  | (1,372) |  |  | 88 |  |  | (191) |  |  | 401 |  |  | (972) |
Cumulative effect of change in accounting principle(2) | 47 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 47 |
April 26, 2019 | (45) |  |  | (1,383) |  |  | (169) |  |  | (1,308) |  |  | 194 |  |  | (2,711) |
Other comprehensive income (loss) before reclassifications | 43 |  |  | (827) |  |  | 405 |  |  | (596) |  |  | 309 |  |  | (666) |
Reclassifications | 2 |  |  | — |  |  | — |  |  | 52 |  |  | (237) |  |  | (183) |
Other comprehensive income (loss) | 45 |  |  | (827) |  |  | 405 |  |  | (544) |  |  | 72 |  |  | (849) |
April 24, 2020 | $ | — |  |  | $ | (2,210) |  |  | $ | 236 |  |  | $ | (1,852) |  |  | $ | 266 |  |  | $ | (3,560) |
(1) The cumulative effect of change in accounting principle in fiscal year 2018 related to the Company's adoption of accounting guidance which permitted reclassification from AOCI to retained earnings for stranded tax effects resulting from the Tax Act. (2) The cumulative effect of change in accounting principle in fiscal year 2019 resulted from the adoption of accounting guidance that requires equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. The income tax on gains and losses on investment securities in other comprehensive income before reclassifications during fiscal years 2020, 2019, and 2018 was a benefit of $13 million, a benefit of $5 million, and an expense of $26 million, respectively. During fiscal years 2020, 2019, and 2018, realized gains and losses on investment securities reclassified from AOCI were reduced by income taxes of $3 million, $3 million, and $4 million, respectively. When realized, gains and losses on investment securities reclassified from AOCI are recognized within other non-operating income, net. Refer to Note 6 for additional information. During fiscal years 2020 and 2019, there was a $9 million and $7 million income tax benefit on cumulative translation adjustments. During 2018, taxes were not provided on cumulative translation adjustments as substantially all translation adjustments related to earnings that were intended to be indefinitely reinvested outside of the U.S. During fiscal years 2020, 2019, and 2018, there were no tax impacts on net investment hedges. Refer to Note 8 for additional information. The net change in retirement obligations in other comprehensive income includes amortization of net actuarial losses included in net periodic benefit cost. The income tax on the net change in retirement obligations in other comprehensive income before reclassifications during fiscal years 2020, 2019, and 2018 was a benefit of $159 million, a benefit of $63 million, and an expense of $14 million, respectively. During fiscal years 2020, 2019, and 2018, the gains and losses on defined benefit and pension items reclassified from AOCI were reduced by income taxes of $12 million, $19 million, and $27 million, respectively. When realized, net gains and losses on defined benefit and pension items reclassified from AOCI are recognized within other non-operating income, net. Refer to Note 16 for additional information. The income tax on unrealized gains and losses on cash flow hedges in other comprehensive income before reclassifications during fiscal years 2020, 2019, and 2018 was an expense of $88 million, an expense of $158 million, and a benefit of $132 million, respectively. During fiscal years 2020, 2019, and 2018, gains and losses on cash flow hedges reclassified from AOCI were reduced by income taxes of $80 million, $24 million, and $22 million, respectively. When realized, gains and losses on currency exchange rate contracts reclassified from AOCI are recognized within other operating expense, net and gains and losses on forward starting interest rate derivatives reclassified from AOCI are recognized within interest expense. Refer to Note 8 for additional information.

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration