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Stockholders' Equity (Tables)

3 Months Ended

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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