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Balance Sheet Details | 6 Months Ended
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Oct. 27, 2017
Statement Of Financial Position [Abstract] |
Balance Sheet Details | 6. Balance Sheet Details Cash and cash equivalents (in millions):
|  | October 27, 2017 |  |  | April 28, 2017 |
Cash |  | $ | 3,111 |  |  | $ | 2,275 |
Cash equivalents |  |  | 424 |  |  |  | 169 |
Cash and cash equivalents |  | $ | 3,535 |  |  | $ | 2,444 |
Inventories (in millions):
|  | October 27, 2017 |  |  | April 28, 2017 |
Purchased components |  | $ | 32 |  |  | $ | 28 |
Finished goods |  |  | 76 |  |  |  | 135 |
Inventories |  | $ | 108 |  |  | $ | 163 |
Property and equipment, net (in millions):
|  | October 27, 2017 |  |  | April 28, 2017 |
Land |  | $ | 132 |  |  | $ | 132 |
Buildings and improvements |  |  | 633 |  |  |  | 612 |
Leasehold improvements |  |  | 100 |  |  |  | 93 |
Computer, production, engineering and other equipment |  |  | 749 |  |  |  | 741 |
Computer software |  |  | 352 |  |  |  | 353 |
Furniture and fixtures |  |  | 96 |  |  |  | 90 |
Construction-in-progress |  |  | 13 |  |  |  | 26 |
|  |  | 2,075 |  |  |  | 2,047 |
Accumulated depreciation and amortization |  |  | (1,280 | ) |  |  | (1,248 | )
Property and equipment, net |  | $ | 795 |  |  | $ | 799 |
We have classified certain land and buildings located in Sunnyvale, California previously reported as property and equipment as assets held-for-sale. The book value of these assets is $118 million and is included in other current assets in the condensed consolidated balance sheets. On September 8, 2017, we entered into an agreement to sell these assets for a total of $306 million, of which $210 million is payable at the first closing and $96 million is payable at the second closing. Each closing is subject to due diligence, certain termination rights and customary closing conditions, including, in the case of the second closing, local governmental approval of the subdivision of a land parcel. The first closing is expected to occur in the third quarter of fiscal 2018 and the second closing is expected to occur within the next twelve months. Other non-current assets (in millions):
|  | October 27, 2017 |  |  | April 28, 2017 |
Deferred tax assets |  | $ | 483 |  |  | $ | 525 |
Other assets |  |  | 151 |  |  |  | 156 |
Other non-current assets |  | $ | 634 |  |  | $ | 681 |
Accrued expenses (in millions):
|  | October 27, 2017 |  |  | April 28, 2017 |
Accrued compensation and benefits |  | $ | 291 |  |  | $ | 340 |
Sale-leaseback financing obligations |  |  | 130 |  |  |  | 130 |
Product warranty liabilities |  |  | 29 |  |  |  | 33 |
Other current liabilities |  |  | 272 |  |  |  | 279 |
Accrued expenses |  | $ | 722 |  |  | $ | 782 |
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 condensed consolidated balance sheets (in millions):
|  | Three Months Ended |  |  | Six Months Ended |
|  | October 27, 2017 |  |  | October 28, 2016 |  |  | October 27, 2017 |  |  | October 28, 2016 |
Balance at beginning of period |  | $ | 44 |  |  | $ | 61 |  |  | $ | 50 |  |  | $ | 70 |
Expense accrued during the period |  |  | 7 |  |  |  | 1 |  |  |  | 8 |  |  |  | 5 |
Warranty costs incurred |  |  | (7 | ) |  |  | (8 | ) |  |  | (14 | ) |  |  | (21 | )
Balance at end of period |  | $ | 44 |  |  | $ | 54 |  |  | $ | 44 |  |  | $ | 54 |
|  | October 27, 2017 |  |  | April 28, 2017 |
Accrued expenses |  | $ | 29 |  |  | $ | 33 |
Other long-term liabilities |  |  | 15 |  |  |  | 17 |
Total warranty liabilities |  | $ | 44 |  |  | $ | 50 |
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):
|  | October 27, 2017 |  |  | April 28, 2017 |
Deferred product revenue |  | $ | 123 |  |  | $ | 124 |
Deferred services revenue |  |  | 2,881 |  |  |  | 2,999 |
Financed unearned services revenue |  |  | 163 |  |  |  | 219 |
Total |  | $ | 3,167 |  |  | $ | 3,342 |
Reported as: |  |  |  |  |  |  |  |
Short-term |  | $ | 1,645 |  |  | $ | 1,744 |
Long-term |  |  | 1,522 |  |  |  | 1,598 |
Total |  | $ | 3,167 |  |  | $ | 3,342 |
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 16 for additional information related to these arrangements.

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI http://asc.fasb.org/topic&trid=2122208 + Details
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