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Balance Sheet Details | 12 Months Ended
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Apr. 29, 2016
Statement Of Financial Position [Abstract] |
Balance Sheet Details | 7. Balance Sheet Details Cash and cash equivalents (in millions):
|  | April 29, 2016 |  |  | April 24, 2015 |
Cash |  | $ | 2,714 |  |  | $ | 1,666 |
Cash equivalents |  |  | 154 |  |  |  | 256 |
Cash and cash equivalents |  | $ | 2,868 |  |  | $ | 1,922 |
Inventories (in millions):
|  | April 29, 2016 |  |  | April 24, 2015 |
Purchased components |  | $ | 10 |  |  | $ | 36 |
Finished goods |  |  | 88 |  |  |  | 110 |
Inventories |  | $ | 98 |  |  | $ | 146 |
Other current assets (in millions):
|  | April 29, 2016 |  |  | April 24, 2015 |
Prepaid expenses and other current assets |  | $ | 234 |  |  | $ | 268 |
Deferred tax assets |  |  | — |  |  |  | 254 |
Other current assets |  | $ | 234 |  |  | $ | 522 |
Property and equipment, net (in millions):
|  | April 29, 2016 |  |  | April 24, 2015 |
Land |  | $ | 215 |  |  | $ | 265 |
Buildings and improvements |  |  | 605 |  |  |  | 607 |
Leasehold improvements |  |  | 106 |  |  |  | 107 |
Computer, production, engineering and other equipment |  |  | 751 |  |  |  | 754 |
Computer software |  |  | 352 |  |  |  | 372 |
Furniture and fixtures |  |  | 88 |  |  |  | 85 |
Construction-in-progress |  |  | 74 |  |  |  | 33 |
|  |  | 2,191 |  |  |  | 2,223 |
Accumulated depreciation and amortization |  |  | (1,254 | ) |  |  | (1,193 | )
Property and equipment, net |  | $ | 937 |  |  | $ | 1,030 |
On April 19, 2016, we sold certain buildings and land in Sunnyvale, California which had a net book value of $118 million at the time of sale, for $250 million in cash. As described in Note 10 – Financing Arrangements, certain of the properties did not qualify as sales under accounting standards due to continuing involvement related to leaseback arrangements. The remaining properties, which had a net book value of $51 million and related sales proceeds of $102 million, were recognized as sales, resulting in a gain of $51 million in fiscal 2016. Depreciation and amortization expense related to property and equipment, net is summarized below (in millions):
|  | Year Ended |
|  | April 29, 2016 |  |  | April 24, 2015 |  |  | April 25, 2014 |
Depreciation and amortization expense |  | $ | 212 |  |  | $ | 243 |  |  | $ | 275 |
Other non-current assets (in millions):
|  | April 29, 2016 |  |  | April 24, 2015 |
Deferred tax assets |  | $ | 621 |  |  | $ | 256 |
Other assets |  |  | 175 |  |  |  | 225 |
Other non-current assets |  | $ | 796 |  |  | $ | 481 |
Accrued expenses (in millions):
|  | April 29, 2016 |  |  | April 24, 2015 |
Accrued compensation and benefits |  | $ | 371 |  |  | $ | 359 |
Product warranty liability |  |  | 48 |  |  |  | 58 |
Other current liabilities |  |  | 346 |  |  |  | 284 |
Accrued expenses |  | $ | 765 |  |  | $ | 701 |
Product warranty liabilities: Equipment and software systems sales include a standard product warranty. The following tables summarize the activity related to product warranty liabilities and their balances as reported in our consolidated balance sheets (in millions):
|  | Year Ended |
|  | April 29, 2016 |  |  | April 24, 2015 |
Balance at beginning of period |  | $ | 86 |  |  | $ | 110 |
Expense accrued during the period |  |  | 35 |  |  |  | 35 |
Warranty costs incurred |  |  | (51 | ) |  |  | (59 | )
Balance at end of period |  | $ | 70 |  |  | $ | 86 |
|  | April 29, 2016 |  |  | April 24, 2015 |
Accrued expenses |  | $ | 48 |  |  | $ | 58 |
Other long-term liabilities |  |  | 22 |  |  |  | 28 |
Total warranty liabilities |  | $ | 70 |  |  | $ | 86 |
Warranty expense accrued during the period includes amounts accrued for systems at the time of shipment, adjustments for changes in estimated costs for warranties on systems shipped in the period and changes in estimated costs for warranties on systems shipped in prior periods. Deferred revenue and financed unearned services revenue (in millions):
|  | April 29, 2016 |  |  | April 24, 2015 |
Deferred product revenue |  | $ | 68 |  |  | $ | 17 |
Deferred services revenue |  |  | 3,100 |  |  |  | 3,075 |
Financed unearned services revenue |  |  | 217 |  |  |  | 105 |
Total |  | $ | 3,385 |  |  | $ | 3,197 |
Reported as: |  |  |  |  |  |  |  |
Short-term |  | $ | 1,794 |  |  | $ | 1,724 |
Long-term |  |  | 1,591 |  |  |  | 1,473 |
Total |  | $ | 3,385 |  |  | $ | 3,197 |
Deferred product revenue represents unrecognized revenue related to undelivered product commitments and other product deliveries that have not met all revenue recognition criteria. Deferred services revenue represents customer payments made in advance for services, which include software and hardware maintenance contracts and other services. Financed unearned services revenue represents undelivered services for which cash has been received under certain third-party financing arrangements. See Note 18 for additional information related to these arrangements.

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