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Derivatives and Hedging Activities (Tables)
9 Months Ended
Jan. 29, 2016
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Schedule of Notional Value of Outstanding Foreign Currency Exchange Forward Contracts

The notional amount of our outstanding U.S. dollar equivalent foreign currency exchange forward contracts consisted of the following (in millions):

 

 

 

January 29,

2016

 

 

April 24,

2015

 

Cash Flow Hedges

 

 

 

 

 

 

 

 

Forward contracts purchased

 

$

160

 

 

$

94

 

Balance Sheet Contracts

 

 

 

 

 

 

 

 

Forward contracts sold

 

$

149

 

 

$

160

 

Forward contracts purchased

 

$

339

 

 

$

231

 

 

Schedule of Derivative Instruments Not Designated as Hedging Instruments

The effect of derivative instruments not designated as hedging instruments recognized in other income (expense), net on our condensed consolidated statements of operations was as follows (in millions):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

January 29,

2016

 

 

January 23,

2015

 

 

January 29,

2016

 

 

January 23,

2015

 

 

 

Gain Recognized into Income

 

 

Gain (Loss) Recognized into Income

 

Foreign currency exchange contracts

 

$

1

 

 

$

11

 

 

$

(6

)

 

$

9