Revenue (Tables)

9 Months Ended

Jan. 24, 2020

Revenue From Contract With Customer [Abstract]

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

	Three Months Ended				Nine Months Ended
	January 24, 2020		January 25, 2019		January 24, 2020		January 25, 2019
Product revenues	$	787	$	967	$	2,202	$	2,755
Strategic	483		517			1,262		1,477
Mature	304		450			940		1,278
Software maintenance revenues	263		239		767		704
Hardware maintenance and other services revenues	354		357			1,042		1,095
Hardware maintenance support contracts	293		292		863			898
Professional and other services	61		65		179			197
Net revenues	$	1,404	$	1,563	$	4,011	$	4,554

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 24, 2020		April 26, 2019
Deferred product revenue	$	73	$	84
Deferred services revenue		3,439		3,502
Financed unearned services revenue		61		82
Total	$	3,573	$	3,668


Reported as:
Short-term	$	1,795	$	1,825
Long-term		1,778		1,843
Total	$	3,573	$	3,668

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

	Nine Months Ended
	January 24, 2020			January 25, 2019
Balance at beginning of period	$	3,668		$	3,363
Additions		1,759			1,820
Revenue recognized during the period		(1,854	)		(1,826	)
Balance at end of period	$	3,573		$	3,357

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 24, 2020			January 25, 2019
Balance at beginning of period	$	172		$	137
Additions		52			62
Expense recognized during the period		(72	)		(60	)
Balance at end of period	$	152		$	139

	January 24, 2020		April 26, 2019
Other current assets	$	64	$	75
Other non-current assets		88		97
Total deferred commissions	$	152	$	172