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Leases (Tables)

6 Months Ended

Oct. 25, 2019

Components of Lease Cost Related to Operating Leases

The components of lease cost related to our operating leases were as follows (in millions):

	Three Months Ended		Six Months Ended
	October 25, 2019		October 25, 2019
Operating lease cost	$	15	$	29
Variable lease cost		4		8
Total lease cost	$	19	$	37

Supplemental Cash Flow Information Related to Operating Leases

The supplemental cash flow information related to our operating leases is as follows (in millions):

Supplemental Balance Sheet Information Related to Operating Leases

The supplemental balance sheet information related to our operating leases is as follows (in millions, except lease term and discount rate):


	October 25, 2019
Other non-current assets	$	143
Total operating lease ROU assets	$	143

Accrued expenses	$	49
Other long-term liabilities		102
Total operating lease liabilities	$	151

Weighted Average Remaining Lease Term	3.9 years

Weighted Average Discount Rate		2.6	%

Future Minimum Operating Lease Payments

Future minimum operating lease payments as of October 25, 2019 are as follows (in millions):

	Operating Leases
Fiscal 2020 (remainder)	$	28
Fiscal 2021		46
Fiscal 2022		34
Fiscal 2023		20
Fiscal 2024		14
Thereafter		18
Total lease payments	$	160
Less: Interest		(9	)
Total	$	151

Schedule of Future Minimum Operating Lease Payments

Prior to our adoption of the new lease standard, future minimum operating lease payments as of April 26, 2019, which were undiscounted and excluded non-lease components, were as follows (in millions):

	Operating Leases
Fiscal 2020	$	47
Fiscal 2021		38
Fiscal 2022		26
Fiscal 2023		14
Fiscal 2024		10
Thereafter		16
Total lease payments	$	151

Six Months Ended

October 25,

2019

Cash paid for amounts included in the measurement of operating lease liabilities

Right-of-use assets obtained in exchange for new operating lease obligations