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v3.25.2

Financing Arrangements (Tables) | 12 Months Ended
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Apr. 25, 2025
Debt Disclosure [Abstract] |
Schedule of Current Debt Obligations | Current debt obligations consisted of the following:
(in millions) | April 25, 2025 |  | April 26, 2024
Bank borrowings | $ | 13 |  |  | $ | 13 |
0.250 percent six-year 2019 senior notes | 1,142 |  |  | — |
0.000 percent five-year 2020 senior notes | 1,142 |  |  | — |
2.625 percent three-year 2022 senior notes | 571 |  |  | — |
Finance lease obligations | 6 |  |  | 6 |
Commercial Paper | — |  |  | 1,073 |
Current debt obligations | $ | 2,874 |  |  | $ | 1,092 |
Schedule of Long-term Debt | The Company's long-term debt obligations consisted of the following:
|  |  | April 25, 2025 |  | April 26, 2024
(in millions, except interest rates) | Maturity by Fiscal Year |  | Amount |  | Effective Interest Rate |  | Amount |  | Effective Interest Rate
0.250 percent six-year 2019 senior notes | 2026 |  | $ | — |  |  | — | % |  | $ | 1,070 |  |  | 0.44 | %
0.000 percent five-year 2020 senior notes | 2026 |  | — |  |  | — |  |  | 1,070 |  |  | 0.23 |
2.625 percent three-year 2022 senior notes | 2026 |  | — |  |  | — |  |  | 535 |  |  | 2.86 |
1.125 percent eight-year 2019 senior notes | 2027 |  | 1,714 |  |  | 1.25 |  |  | 1,606 |  |  | 1.25 |
4.250 percent five-year 2023 senior notes | 2028 |  | 1,000 |  |  | 4.42 |  |  | 1,000 |  |  | 4.42 |
3.000 percent six-year 2022 senior notes | 2029 |  | 1,142 |  |  | 3.09 |  |  | 1,070 |  |  | 3.10 |
0.375 percent eight-year 2020 senior notes | 2029 |  | 1,142 |  |  | 0.51 |  |  | 1,070 |  |  | 0.51 |
3.650 percent five-year 2024 senior notes | 2030 |  | 971 |  |  | 3.74 |  |  | — |  |  | — |
1.625 percent twelve-year 2019 senior notes | 2031 |  | 1,142 |  |  | 1.75 |  |  | 1,070 |  |  | 1.75 |
1.000 percent twelve-year 2019 senior notes | 2032 |  | 1,142 |  |  | 1.06 |  |  | 1,070 |  |  | 1.06 |
3.125 percent nine-year 2022 senior notes | 2032 |  | 1,142 |  |  | 3.25 |  |  | 1,070 |  |  | 3.25 |
0.750 percent twelve-year 2020 senior notes | 2033 |  | 1,142 |  |  | 0.81 |  |  | 1,070 |  |  | 0.81 |
4.500 percent ten-year 2023 senior notes | 2033 |  | 1,000 |  |  | 4.62 |  |  | 1,000 |  |  | 4.62 |
3.375 percent twelve-year 2022 senior notes | 2035 |  | 1,142 |  |  | 3.44 |  |  | 1,070 |  |  | 3.44 |
4.375 percent twenty-year 2015 senior notes | 2035 |  | 1,932 |  |  | 4.47 |  |  | 1,932 |  |  | 4.47 |
3.875 percent twelve-year 2024 senior notes | 2037 |  | 971 |  |  | 3.93 |  |  | — |  |  | — |
6.550 percent thirty-year 2007 CIFSA senior notes | 2038 |  | 253 |  |  | 4.67 |  |  | 253 |  |  | 4.67 |
2.250 percent twenty-year 2019 senior notes | 2039 |  | 1,142 |  |  | 2.34 |  |  | 1,070 |  |  | 2.34 |
6.500 percent thirty-year 2009 senior notes | 2039 |  | 158 |  |  | 6.56 |  |  | 158 |  |  | 6.56 |
1.500 percent twenty-year 2019 senior notes | 2040 |  | 1,142 |  |  | 1.58 |  |  | 1,070 |  |  | 1.58 |
5.550 percent thirty-year 2010 senior notes | 2040 |  | 224 |  |  | 5.58 |  |  | 224 |  |  | 5.58 |
1.375 percent twenty-year 2020 senior notes | 2041 |  | 1,142 |  |  | 1.46 |  |  | 1,070 |  |  | 1.46 |
4.500 percent thirty-year 2012 senior notes | 2042 |  | 105 |  |  | 4.54 |  |  | 105 |  |  | 4.54 |
4.000 percent thirty-year 2013 senior notes | 2043 |  | 305 |  |  | 4.10 |  |  | 305 |  |  | 4.09 |
4.150 percent nineteen-year 2024 senior notes | 2044 |  | 685 |  |  | 4.20 |  |  | — |  |  | — |
4.625 percent thirty-year 2014 senior notes | 2044 |  | 127 |  |  | 4.67 |  |  | 127 |  |  | 4.67 |
4.625 percent thirty-year 2015 senior notes | 2045 |  | 1,813 |  |  | 4.69 |  |  | 1,813 |  |  | 4.69 |
1.750 percent thirty-year 2019 senior notes | 2050 |  | 1,142 |  |  | 1.87 |  |  | 1,070 |  |  | 1.87 |
1.625 percent thirty-year 2020 senior notes | 2051 |  | 1,142 |  |  | 1.75 |  |  | 1,070 |  |  | 1.75 |
4.150 percent twenty-nine-year 2024 senior notes | 2054 |  | 800 |  |  | 4.19 |  |  | — |  |  | — |
Finance lease obligations | 2027-2040 |  | 52 |  |  | 10.00 |  |  | 55 |  |  | 10.17 |
Debt discount, net | 2027-2054 |  | (59) |  |  | — |  |  | (55) |  |  | — |
Deferred financing costs | 2027-2054 |  | (117) |  |  | — |  |  | (110) |  |  | — |
Long-term debt |  |  | $ | 25,642 |  |  |  |  | $ | 23,932 |  |  |
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) |
2026 | $ | 2,874 |
2027 | 1,721 |
2028 | 1,006 |
2029 | 2,290 |
2030 | 977 |
Thereafter | 19,824 |
Total | $ | 28,691 |
Supplier Finance Program | The following table presents a roll-forward of outstanding payables confirmed as valid associated with the program during fiscal year 2025:
| Fiscal Year
(in millions) | 2025 |  |
Beginning Balance | $ | 96 |  |  |
Invoices confirmed during the year | 522 |  |  |
Confirmed invoices paid during the year | (517) |  |  |
Ending Balance | $ | 100 |  |  |

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