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Leases (Tables)

12 Months Ended

Apr. 26, 2024

Leases [Abstract]

Schedule of Balance Sheet Classification of Operating Leases and Amounts of Right-of-Use Assets and Lease Liabilities

The following table summarizes the balance sheet classification of the Company's operating leases and amounts of the right-of-use assets and lease liabilities at April 26, 2024 and April 28, 2023:

(in millions)			Balance Sheet Classification						April 26, 2024						April 28, 2023
Right-of-use assets			Other assets						$	1,012					$	1,041
Current liability			Other accrued expenses						183						180
Non-current liability			Other liabilities						840						869

Schedule of Components of Total Operating Lease Cost and Supplemental Lease Information

The following table summarizes the weighted-average remaining lease term and weighted-average discount rate for the Company's operating leases at April 26, 2024 and April 28, 2023:

April 26, 2024

April 28, 2023

Weighted-average remaining lease term

8.8 Years

9.1 Years

Weighted-average discount rate

3.4%

2.4%

The following table summarizes the components of total operating lease cost for fiscal year 2024, 2023, and 2022:

						Fiscal Year
(in millions)						2024						2023						2022
Operating lease cost						$	232					$	211					$	195
Short-term lease cost						41						62						65
Total operating lease cost						$	273					$	273					$	260

The following table summarizes the cash paid for amounts included in the measurement of operating lease liabilities and right-of-use assets obtained in exchange for operating lease liabilities for fiscal year 2024, 2023, and 2022:

						Fiscal Year
(in millions)						2024						2023						2022
Cash paid for amounts included in the measurement of operating lease liabilities						$	232					$	210					$	174
Right-of-use assets obtained in exchange for operating lease liabilities						220						417						78

Schedule of Maturities of Operating Leases

The following table summarizes the maturities of the Company's operating leases at April 26, 2024:

(in millions) Fiscal Year						Operating Leases
2025						$	203
2026						178
2027						151
2028						113
2029						88
Thereafter						444
Total expected lease payments						1,177
Less: Imputed interest						(154)
Total lease liability						$	1,024

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- Definition

Assets And Liabilities, Lessee

+ References

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-4

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-6

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