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Stockholders' Equity (Tables) | 3 Months Ended
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Jul. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
Activity Related to Restricted Stock Units Including Performance-Based Restricted Stock Units | The following table summarizes information related to our RSUs, including PBRSUs, (in millions, except fair value):
|  | Number of Shares |  |  | Weighted- Average Grant Date Fair Value |
Outstanding as of April 24, 2020 |  |  | 7 |  |  | $ | 51.40 |
Granted |  |  | 4 |  |  | $ | 39.95 |
Vested |  |  | (2 | ) |  | $ | 43.77 |
Outstanding as of July 31, 2020 |  |  | 9 |  |  | $ | 47.75 |
Number and Value of Shares Netted for Employee Taxes | The number and value of the shares netted for employee taxes are summarized in the table below (in millions):
|  | Three Months Ended |
|  | July 31, 2020 |  |  | July 26, 2019 |
Shares withheld for taxes |  |  | 1 |  |  |  | 1 |
Fair value of shares withheld |  | $ | 33 |  |  | $ | 71 |
Schedule of Employee Stock Purchase Plan (ESPP) | The following table summarizes activity related to the purchase rights issued under the ESPP (in millions):
|  | Three Months Ended |
|  | July 31, 2020 |  |  | July 26, 2019 |
Shares issued under the ESPP |  |  | 1 |  |  |  | 1 |
Proceeds from issuance of shares |  | $ | 48 |  |  | $ | 54 |
Stock-Based Compensation Expense | Stock-based compensation expense is included in the condensed consolidated statements of operations as follows (in millions):
|  | Three Months Ended |
|  | July 31, 2020 |  |  | July 26, 2019 |
Cost of product revenues |  | $ | 1 |  |  | $ | 1 |
Cost of hardware maintenance and other services revenues |  |  | 3 |  |  |  | 2 |
Sales and marketing |  |  | 25 |  |  |  | 18 |
Research and development |  |  | 19 |  |  |  | 15 |
General and administrative |  |  | 6 |  |  |  | 6 |
Total stock-based compensation expense |  | $ | 54 |  |  | $ | 42 |
Income tax benefit for stock-based compensation expense |  | $ | 4 |  |  | $ | 4 |
Summary of Activities Related to Dividends on Common Stock | The following is a summary of our activities related to dividends on our common stock (in millions, except per share amounts):
|  | Three Months Ended |
|  | July 31, 2020 |  |  | July 26, 2019 |
Dividends per share declared |  | $ | 0.48 |  |  | $ | 0.48 |
Dividend payments allocated to additional paid-in capital |  | $ | 30 |  |  | $ | 115 |
Dividend payments allocated to retained earnings |  | $ | 77 |  |  | $ | — |
Accumulated Other Comprehensive Income (Loss) by Component Net of Tax | Changes in accumulated other comprehensive income (loss) (AOCI) by component, net of tax, are summarized below (in millions):
|  | Foreign Currency Translation Adjustments |  |  | Defined Benefit Obligation Adjustments |  |  | Unrealized Gains (Losses) on Available- for-Sale Securities |  |  | Unrealized Gains (Losses) on Derivative Instruments |  |  | Total |
Balance as of April 24, 2020 |  | $ | (42 | ) |  | $ | (1 | ) |  | $ | 1 |  |  | $ | — |  |  | $ | (42 | )
Other comprehensive income (loss), net of tax |  |  | 9 |  |  |  | — |  |  |  | 2 |  |  |  | (9 | ) |  |  | 2 |
Amounts reclassified from AOCI, net of tax |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | 1 |
Total other comprehensive income (loss) |  |  | 9 |  |  |  | — |  |  |  | 2 |  |  |  | (8 | ) |  |  | 3 |
Balance as of July 31, 2020 |  | $ | (33 | ) |  | $ | (1 | ) |  | $ | 3 |  |  | $ | (8 | ) |  | $ | (39 | )
Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss) | The amounts reclassified out of AOCI are as follows (in millions):
|  | Three Months Ended |  |
|  | July 31, 2020 |  |  | July 26, 2019 |  |
|  | Amounts Reclassified from AOCI |  | Statements of Operations Classification
Realized gains on available-for-sale securities |  |  | — |  |  |  | (14 | ) | Other income (expense), net
Realized losses on cash flow hedges |  |  | 1 |  |  |  | — |  | Net revenues
Total reclassifications |  | $ | 1 |  |  | $ | (14 | ) |

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- Definition Tabular disclosure of the shares withheld from the settlement of share-based awards when the employer settles employees' income tax withholding obligations. This represents the number of shares and the fair value of those shares withheld during the period. + References No definition available. + Details
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