XML 44 R20.htm IDEA: XBRL DOCUMENT
v3.20.2

Earnings Per Share | 6 Months Ended
--- | ---
Oct. 30, 2020
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share Earnings per share is calculated using the two-class method, as the Company's A Preferred Shares are considered participating securities. Accordingly, earnings are allocated to both ordinary shares and participating securities in determining earnings per ordinary share. Due to the limited number of A Preferred Shares outstanding, this allocation had no effect on ordinary earnings per share; therefore, it is not presented below. Basic earnings per share is computed based on the weighted average number of ordinary shares outstanding. Diluted earnings per share is computed based on the weighted average number of ordinary shares outstanding, increased by the number of additional shares that would have been outstanding had the potentially dilutive ordinary shares been issued, and reduced by the number of shares the Company could have repurchased with the proceeds from issuance of the potentially dilutive shares. Potentially dilutive ordinary shares include stock-based awards granted under stock-based compensation plans and shares committed to be purchased under the employee stock purchase plan. The table below sets forth the computation of basic and diluted earnings per share:
| Three months ended |  | Six months ended
(in millions, except per share data) | October 30, 2020 |  | October 25, 2019 |  | October 30, 2020 |  | October 25, 2019
Numerator: |  |  |  |  |  |  |
Net income attributable to ordinary shareholders | $ | 489 |  |  | $ | 1,364 |  |  | $ | 976 |  |  | $ | 2,228 |
Denominator: |  |  |  |  |  |  |
Basic – weighted average shares outstanding | 1,344.4 |  |  | 1,340.8 |  |  | 1,343.1 |  |  | 1,340.8 |
Effect of dilutive securities: |  |  |  |  |  |  |
Employee stock options | 5.9 |  |  | 8.0 |  |  | 5.3 |  |  | 7.4 |
Employee restricted stock units | 1.8 |  |  | 2.6 |  |  | 2.3 |  |  | 3.1 |
Other | — |  |  | — |  |  | 0.4 |  |  | 0.3 |
Diluted – weighted average shares outstanding | 1,352.1 |  |  | 1,351.4 |  |  | 1,351.1 |  |  | 1,351.6 |
Basic earnings per share | $ | 0.36 |  |  | $ | 1.02 |  |  | $ | 0.73 |  |  | $ | 1.66 |
Diluted earnings per share | $ | 0.36 |  |  | $ | 1.01 |  |  | $ | 0.72 |  |  | $ | 1.65 |
The calculation of weighted average diluted shares outstanding excludes options to purchase approximately 8 million ordinary shares for both the three and six months ended October 30, 2020, and 4 million ordinary shares for both the three and six months ended October 25, 2019, because their effect would have been anti-dilutive on the Company’s earnings per share.

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

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration