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v3.20.1

Financing Arrangements - Long-term Debt (Details) - USD ($) $ in Millions | 12 Months Ended |
--- | --- | ---
Apr. 24, 2020 | Apr. 26, 2019
Debt Instrument [Line Items] |  |
Amount | $ 22,140 |
Debt (discount) premium, net | (15) | $ 29
Finance lease obligations | 45 |
Finance lease obligations |  | 10
Deferred financing costs | (104) | (104)
Long-term debt | $ 22,021 | $ 24,486
Effective Interest Rate | 8.93% | 6.39%
Senior Notes | 0.000 percent two-year 2019 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 0.00% |
Debt term | 2 years |
Amount | $ 0 | $ 1,681
Effective Interest Rate | 0.00% | 0.22%
Senior Notes | Floating rate two-year 2019 senior notes |  |
Debt Instrument [Line Items] |  |
Debt term | 2 years |
Amount | $ 0 | $ 560
Effective Interest Rate | 0.00% | 0.05%
Senior Notes | 4.125 percent ten-year 2011 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 4.125% | 4.125%
Debt term | 10 years |
Amount | $ 0 | $ 500
Effective Interest Rate | 0.00% | 4.21%
Senior Notes | 3.150 percent seven-year 2015 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 3.15% |
Debt term | 7 years |
Amount | $ 1,534 | $ 2,500
Effective Interest Rate | 3.29% | 3.29%
Senior Notes | 3.125 percent ten-year 2012 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 3.125% | 3.125%
Debt term | 10 years |
Amount | $ 0 | $ 675
Effective Interest Rate | 0.00% | 3.21%
Senior Notes | 3.200 percent ten-year 2012 CIFSA senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 3.20% |
Debt term | 10 years |
Amount | $ 650 | $ 650
Effective Interest Rate | 2.72% | 2.72%
Senior Notes | 0.375 percent four-year 2019 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 0.375% |
Debt term | 4 years |
Amount | $ 1,631 | $ 1,681
Effective Interest Rate | 0.56% | 0.56%
Senior Notes | 2.750 percent ten-year 2013 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 2.75% |
Debt term | 10 years |
Amount | $ 530 | $ 530
Effective Interest Rate | 3.25% | 3.25%
Senior Notes | 0.000 percent four-year 2019 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 0.00% |
Debt term | 4 years |
Amount | $ 815 | $ 0
Effective Interest Rate | 0.09% | 0.00%
Senior Notes | 2.950 percent ten-year 2013 CIFSA senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 2.95% |
Debt term | 10 years |
Amount | $ 310 | $ 310
Effective Interest Rate | 2.71% | 2.71%
Senior Notes | 3.625 percent ten-year 2014 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 3.625% |
Debt term | 10 years |
Amount | $ 432 | $ 850
Effective Interest Rate | 3.61% | 3.61%
Senior Notes | 3.500 percent ten-year 2015 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 3.50% |
Debt term | 10 years |
Amount | $ 2,700 | $ 4,000
Effective Interest Rate | 3.74% | 3.74%
Senior Notes | 0.250 percent seven-year 2019 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 0.25% |
Debt term | 7 years |
Amount | $ 1,087 | $ 0
Effective Interest Rate | 0.44% | 0.00%
Senior Notes | 1.125 percent eight-year 2019 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 1.125% |
Debt term | 8 years |
Amount | $ 1,631 | $ 1,681
Effective Interest Rate | 1.25% | 1.25%
Senior Notes | 3.350 percent ten-year 2017 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 3.35% |
Debt term | 10 years |
Amount | $ 368 | $ 850
Effective Interest Rate | 3.53% | 3.53%
Senior Notes | 1.625 percent twelve-year 2019 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 1.625% |
Debt term | 12 years |
Amount | $ 1,087 | $ 1,121
Effective Interest Rate | 1.75% | 1.75%
Senior Notes | 1.000 percent thirteen-year 2019 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 1.00% |
Debt term | 13 years |
Amount | $ 1,087 | $ 0
Effective Interest Rate | 1.06% | 0.00%
Senior Notes | 4.375 percent twenty-year 2015 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 4.375% |
Debt term | 20 years |
Amount | $ 1,932 | $ 2,382
Effective Interest Rate | 4.47% | 4.47%
Senior Notes | 6.550 percent thirty-year 2007 CIFSA senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 6.55% |
Debt term | 30 years |
Amount | $ 253 | $ 284
Effective Interest Rate | 4.68% | 4.68%
Senior Notes | 2.250 percent twenty-year 2019 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 2.25% |
Debt term | 20 years |
Amount | $ 1,087 | $ 1,121
Effective Interest Rate | 2.34% | 2.34%
Senior Notes | 6.500 percent thirty-year 2009 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 6.50% |
Debt term | 30 years |
Amount | $ 158 | $ 183
Effective Interest Rate | 6.56% | 6.56%
Senior Notes | 5.550 percent thirty-year 2010 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 5.55% |
Debt term | 30 years |
Amount | $ 224 | $ 306
Effective Interest Rate | 5.58% | 5.58%
Senior Notes | 1.500 percent twenty-year 2019 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 1.50% |
Debt term | 20 years |
Amount | $ 1,087 | $ 0
Effective Interest Rate | 1.58% | 0.00%
Senior Notes | 4.500 percent thirty-year 2012 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 4.50% |
Debt term | 30 years |
Amount | $ 105 | $ 129
Effective Interest Rate | 4.54% | 4.54%
Senior Notes | 4.000 percent thirty-year 2013 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 4.00% |
Debt term | 30 years |
Amount | $ 305 | $ 325
Effective Interest Rate | 4.10% | 4.10%
Senior Notes | 4.625 percent thirty-year 2014 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 4.625% |
Debt term | 30 years |
Amount | $ 127 | $ 177
Effective Interest Rate | 4.67% | 4.67%
Senior Notes | 4.625 percent thirty-year 2015 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 4.625% |
Debt term | 30 years |
Amount | $ 1,813 | $ 1,963
Effective Interest Rate | 4.67% | 4.69%
Senior Notes | 1.750 percent thirty-year 2019 senior notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate | 1.75% |
Debt term | 30 years |
Amount | $ 1,087 | $ 0
Effective Interest Rate | 1.87% | 0.00%
Bank borrowings |  |
Debt Instrument [Line Items] |  |
Amount | $ 55 | $ 83
Effective Interest Rate | 2.11% | 1.94%
Interest rate swaps |  |
Debt Instrument [Line Items] |  |
Interest rate swaps | $ 0 | $ 9

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- Definition Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal, through the balance sheet date and due to be paid more than one year (or one operating cycle, if longer) after the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121616839&loc=d3e45280-112737 Reference 3: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121569800&loc=d3e45023-112735 + Details
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