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Financial Instruments (Tables)
 12 Months Ended
Apr. 26, 2024
Investments [Abstract]  
Schedule of Investments by Category and Related Balance Sheet Presentation The following tables summarize the Company's investments in available-for-sale debt securities by significant investment category and the related consolidated balance sheet classification at April 26, 2024 and April 28, 2023:
April 26, 2024
ValuationBalance Sheet Classification
(in millions)CostUnrealized
Gains		Unrealized
Losses		Fair ValueInvestmentsOther Assets
Level 1:
U.S. government and agency securities$494 $— $(22)$472 $472 $— 
Level 2:
Corporate debt securities3,953 4 (125)3,832 3,832 — 
U.S. government and agency securities847 — (43)804 804 — 
Mortgage-backed securities692 1 (50)643 643 — 
Non-U.S. government and agency securities5 — — 5 5 — 
Other asset-backed securities941 2 (9)934 934 — 
Total Level 26,438 7 (227)6,218 6,218 — 
Level 3:
Auction rate securities36 — (3)33 — 33 
Total available-for-sale debt securities$6,968 $7 $(252)$6,723 $6,690 $33 
April 28, 2023
ValuationBalance Sheet Classification
(in millions)CostUnrealized
Gains		Unrealized
Losses		Fair ValueInvestmentsOther Assets
Level 1:
U.S. government and agency securities$527 $— $(22)$505 $505 $— 
Level 2:
Corporate debt securities4,140 6 (162)3,984 3,984 — 
U.S. government and agency securities879 — (45)834 834 — 
Mortgage-backed securities560 — (54)506 506 — 
Non-U.S. government and agency securities15 — — 15 15 — 
Certificates of deposit10 — — 10 10 
Other asset-backed securities580 — (19)561 561 — 
Total Level 26,185 6 (281)5,911 5,911 — 
Level 3:
Auction rate securities36 — (3)33 — 33 
Total available-for-sale debt securities$6,748 $6 $(305)$6,449 $6,416 $33 
Schedule of Gross Unrealized Losses and Fair Values of Available-for-sale Securities that Have Been in a Continuous Unrealized Loss Position Deemed to be Temporary, Aggregated by Investment Category
The following tables present the gross unrealized losses and fair values of the Company’s available-for-sale debt securities that have been in a continuous unrealized loss position deemed to be temporary, aggregated by investment category at April 26, 2024 and April 28, 2023:
 April 26, 2024
 Less than 12 monthsMore than 12 months
(in millions)Fair ValueUnrealized
Losses		Fair ValueUnrealized
Losses
Corporate debt securities$661 $(10)$2,448 $(116)
U.S. government and agency securities177 (4)730 (61)
Mortgage-backed securities— — 582 (50)
Other asset-backed securities— — 502 (9)
Auction rate securities— — 33 (3)
Total$838 $(14)$4,296 $(238)
 April 28, 2023
 Less than 12 monthsMore than 12 months
(in millions)Fair ValueUnrealized
Losses		Fair ValueUnrealized
Losses
Corporate debt securities$286 $(4)$2,901 $(158)
U.S. government and agency securities89 (3)821 (64)
Mortgage-backed securities26 (1)460 (53)
Other asset-backed securities— — 545 (19)
Auction rate securities— — 33 (3)
Total$401 $(8)$4,760 $(297)
Schedule of Activity Related to the Company's Available for Sale Securities Portfolio
Activity related to the Company’s available-for-sale debt securities portfolio is as follows:
(in millions)April 26, 2024April 28, 2023April 29, 2022
Proceeds from sales$7,359 $7,321 $9,611 
Gross realized gains24 10 15 
Gross realized losses(26)(43)(18)
Schedule of Available-for-sale Debt Securities Contractual Maturities
The contractual maturities of available-for-sale debt securities at April 26, 2024 are shown in the following table. Within the table, maturities of mortgage-backed securities have been allocated based upon timing of estimated cash flows assuming no change in the current interest rate environment. Actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties.
(in millions)Amortized CostFair Value
Due in one year or less$1,548 $1,534 
Due after one year through five years3,644 3,479 
Due after five years through ten years758 744 
Due after ten years1,019 967 
Total$6,968 $6,723 
Schedule of Equity and Other Investments
The following table summarizes the Company's equity and other investments at April 26, 2024 and April 28, 2023, which are classified as primarily other assets in the consolidated balance sheets:
(in millions)April 26, 2024April 28, 2023
Investments with readily determinable fair value (marketable equity securities)$28 $115 
Investments for which the fair value option has been elected311 531 
Investments without readily determinable fair values859 872 
Equity method and other investments84 89 
Total equity and other investments$1,282 $1,607 
Schedule of Available-for-Sale Securities Reconciliation
The following table provides a reconciliation of the beginning and ending balances of the Mozarc investment for which the fair value option has been elected:
Fiscal Year
(in millions)20242023
Beginning Balance$531 $— 
Initial valuation— 307 
Additional cash investment— 224 
Change in fair value(220)— 
Ending Balance$311 $531