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Financing Arrangements (Tables)
12 Months Ended
Apr. 26, 2024
Debt Disclosure [Abstract]  
Schedule of Current Debt Obligations
Current debt obligations consisted of the following:
(in millions)April 26, 2024April 28, 2023
Bank borrowings$13 $13 
Finance lease obligations
Commercial Paper1,073 — 
Current debt obligations$1,092 $20 
Schedule of Long-term Debt
The Company's long-term debt obligations consisted of the following:
  April 26, 2024April 28, 2023
(in millions, except interest rates)Maturity by Fiscal YearAmountEffective Interest RateAmountEffective Interest Rate
0.250 percent six-year 2019 senior notes
20261,070 0.44 1,097 0.44 
2.625 percent three-year 2022 senior notes
2026535 2.86 549 2.86 
0.000 percent five-year 2020 senior notes
20261,070 0.23 1,097 0.23 
1.125 percent eight-year 2019 senior notes
20271,606 1.25 1,646 1.25 
4.250 percent five-year 2023 senior notes
20281,000 4.42 1,000 4.42 
3.000 percent six-year 2022 senior notes
20291,070 3.10 1,097 3.09 
0.375 percent eight-year 2020 senior notes
20291,070 0.51 1,097 0.51 
1.625 percent twelve-year 2019 senior notes
20311,070 1.75 1,097 1.75 
1.000 percent twelve-year 2019 senior notes
20321,070 1.06 1,097 1.06 
3.125 percent nine-year 2022 senior notes
20321,070 3.25 1,097 3.25 
0.750 percent twelve-year 2020 senior notes
20331,070 0.81 1,097 0.81 
4.500 percent ten-year 2023 senior notes
20331,000 4.62 1,000 4.62 
3.375 percent twelve-year 2022 senior notes
20351,070 3.44 1,097 3.44 
4.375 percent twenty-year 2015 senior notes
20351,932 4.47 1,932 4.47 
6.550 percent thirty-year 2007 CIFSA senior notes
2038253 4.67 253 4.67 
2.250 percent twenty-year 2019 senior notes
20391,070 2.34 1,097 2.34 
6.500 percent thirty-year 2009 senior notes
2039158 6.56 158 6.56 
1.500 percent twenty-year 2019 senior notes
20401,070 1.58 1,097 1.58 
5.550 percent thirty-year 2010 senior notes
2040224 5.58 224 5.58 
1.375 percent twenty-year 2020 senior notes
20411,070 1.46 1,097 1.46 
4.500 percent thirty-year 2012 senior notes
2042105 4.54 105 4.54 
4.000 percent thirty-year 2013 senior notes
2043305 4.09 305 4.09 
4.625 percent thirty-year 2014 senior notes
2044127 4.67 127 4.67 
4.625 percent thirty-year 2015 senior notes
20451,813 4.69 1,813 4.69 
1.750 percent thirty-year 2019 senior notes
20501,070 1.87 1,097 1.87 
1.625 percent thirty-year 2020 senior notes
20511,070 1.75 1,097 1.75 
Finance lease obligations2026-203655 10.17 57 9.91 
Debt discount, net2026-2051(55)— (64)— 
Deferred financing costs2026-2051(110)— (124)— 
Long-term debt $23,932 $24,344 
Schedule of Maturities of Long-term Debt
Contractual maturities of debt for the next five fiscal years and thereafter, excluding deferred financing costs and debt discount, net, are as follows:
(in millions)
2025$1,092 
20262,684 
20271,612 
20281,006 
20292,146 
Thereafter16,649 
Total $25,189