XML 38 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1

Revenue (Tables)

9 Months Ended

Jan. 25, 2019

Disaggregation Of Revenue [Line Items]

Summary of Disaggregation of Revenue

The following table depicts the disaggregation of revenue by our products and services (in millions):

		Three Months Ended								Nine Months Ended
		January 25, 2019				January 26, 2018				January 25, 2019				January 26, 2018
Product revenues		$	967			$	952			$	2,755			$	2,498
Strategic		674				657					1,935				1,721
Mature		293				295					820				777
Software maintenance revenues		239				221					704			668
Hardware maintenance and other services revenues		357				366					1,095				1,109
Hardware maintenance support contracts		292				300					898				904
Professional and other services		65				66					197				205
Net revenues		$	1,563			$	1,539			$	4,554			$	4,275

Deferred Revenue and Financed Unearned Services Revenue

The following table summarizes the components of our deferred revenue and financed unearned services balance as reported in our condensed consolidated balance sheets (in millions):

		January 25, 2019				April 27, 2018
Deferred product revenue		$	80			$	107
Deferred services revenue			3,195				3,134
Financed unearned services revenue			82				122
Total		$	3,357			$	3,363
Reported as:
Short-term		$	1,641			$	1,712
Long-term			1,716				1,651
Total		$	3,357			$	3,363

The following tables summarize the activity related to deferred revenue and financed unearned services revenue (in millions):

		Nine Months Ended
		January 25, 2019				January 26, 2018
Balance at beginning of period		$	3,363			$	3,213
Additions			1,820				1,730
Revenue recognized during the period			(1,826	)			(1,800	)
Balance at end of period		$	3,357			$	3,143

Summary of Activity Related to Deferred Commissions and their Balances in Condensed Consolidated Balance Sheets

The following tables summarize the activity related to deferred commissions and their balances as reported in our condensed consolidated balance sheets (in millions):

		Nine Months Ended
		January 25, 2019				January 26, 2018
Balance at beginning of period		$	137			$	113
Additions			62				56
Expense recognized during the period			(60	)			(49	)
Balance at end of period		$	139			$	120

		January 25, 2019				April 27, 2018
Other current assets		$	64			$	66
Other non-current assets			75				71
Total deferred commissions		$	139			$	137

ASC 606

Disaggregation Of Revenue [Line Items]

Schedule of Impacts of Adoption of ASC 606 on Condensed Consolidated Balance Sheet and Statement of Operations

      The following table presents the impacts of adoption of ASC 606 to select line items of our condensed consolidated balance sheet as of the end of fiscal 2018:

		As of April 27, 2018
		As Previously Reported				Impact of ASC 606 Adoption						As Adjusted
ASSETS
Accounts receivable		$	1,009			$	38			(1	)	$	1,047
Inventories		$	126			$	(4	)				$	122
Other current assets		$	330			$	62			(2	)	$	392
Other non-current assets		$	420			$	30			(2	)	$	450
LIABILITIES AND STOCKHOLDERS' EQUITY
Short-term deferred revenue and financed unearned services revenue		$	1,804			$	(92	)		(3	)	$	1,712
Other long-term liabilities		$	961			$	31			(4	)	$	992
Long-term deferred revenue and financed unearned services revenue		$	1,673			$	(22	)		(3	)	$	1,651
Accumulated deficit		$	(218	)		$	209			(5	)	$	(9	)

(1) Netting of accounts receivable and deferred revenue balances for certain customer arrangements has been updated to reflect the impact of adoption

(2) Reflects capitalization of commissions and reduction of long-term deferred tax assets

(3) Reflects cumulative change in revenue and the impact of adoption to the netting of accounts receivable and deferred revenue balances for certain customer arrangements

(4) Reflects increase in long-term deferred tax liabilities

(5) Reflects cumulative impact to net income (loss)

      The following table presents the impacts of adoption of ASC 606 to our statement of operations for the third quarter and first nine months of fiscal 2018:

		Three Months Ended												Nine Months Ended
		January 26, 2018												January 26, 2018
		As Previously Reported				Impact of ASC 606 Adoption				As Adjusted				As Previously Reported				Impact of ASC 606 Adoption				As Adjusted
Revenues:
Product		$	920			$	32			$	952			$	2,450			$	48			$	2,498
Software maintenance			237				(16	)			221				711				(43	)			668
Hardware maintenance and other services			366				—				366				1,109				—				1,109
Net revenues			1,523				16				1,539				4,270				5				4,275
Cost of revenues:
Cost of product			468				1				469				1,238				4				1,242
Cost of software maintenance			6				—				6				19				—				19
Cost of hardware maintenance and other services			108				—				108				336				(2	)			334
Total cost of revenues			582				1				583				1,593				2				1,595
Gross profit			941				15				956				2,677				3				2,680
Operating expenses:
Sales and marketing			423				(4	)			419				1,268				(5	)			1,263
Research and development			193				—				193				580				—				580
General and administrative			72				—				72				209				—				209
Gain on sale of properties			(218	)			—				(218	)			(218	)			—				(218	)
Total operating expenses			470				(4	)			466				1,839				(5	)			1,834
Income from operations			471				19				490				838				8				846
Other income, net			14				—				14				25				—				25
Income before income taxes			485				19				504				863				8				871
Provision for income taxes			991				(8	)			983				1,058				(13	)			1,045
Net loss		$	(506	)		$	27			$	(479	)		$	(195	)		$	21			$	(174	)
Net loss per share:
Basic		$	(1.89	)		$	0.10			$	(1.79	)		$	(0.72	)		$	0.07			$	(0.65	)
Diluted		$	(1.89	)		$	0.10			$	(1.79	)		$	(0.72	)		$	0.07			$	(0.65	)
Shares used in net loss per share calculations:
Basic			268				268				268				269				269				269
Diluted			268				268				268				269				269				269

X

- Definition

Summary of activity related to deferred commissions and their balances in condensed consolidated balance sheets.

+ References

No definition available.

+ Details

Name:	ntap_SummaryOfActivityRelatedToDeferredCommissionsAndTheirBalancesInCondensedConsolidatedBalanceSheetsTableTextBlock
Namespace Prefix:	ntap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of contract balances and changes in contract balances.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130551-203045

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_DisaggregationOfRevenueLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130545-203045

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e765-108305

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.10-01.(b)(6))
-URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22580-107794

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e725-108305

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794

+ Details

Name:	us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_AdjustmentsForNewAccountingPronouncementsAxis=us-gaap_AccountingStandardsUpdate201409Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: