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Revenue (Tables)
6 Months Ended
Oct. 30, 2020
Revenue From Contract With Customer [Abstract]  
Summary of Disaggregation of Revenue

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

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

October 30,

2020

 

 

October 25,

2019

 

 

October 30,

2020

 

 

October 25,

2019

 

Product revenues

 

$

749

 

 

$

771

 

 

$

1,376

 

 

$

1,415

 

Software maintenance revenues

 

303

 

 

254

 

 

604

 

 

504

 

Hardware maintenance and other services revenues

 

364

 

 

346

 

 

 

739

 

 

 

688

 

Hardware maintenance support contracts

 

296

 

 

286

 

 

603

 

 

 

570

 

Professional and other services

 

68

 

 

60

 

 

136

 

 

 

118

 

Net revenues

 

$

1,416

 

 

$

1,371

 

 

$

2,719

 

 

$

2,607

 

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):

 

 

 

October 30,

2020

 

 

April 24,

2020

 

Deferred product revenue

 

$

39

 

 

$

75

 

Deferred services revenue

 

 

3,554

 

 

 

3,567

 

Financed unearned services revenue

 

 

58

 

 

 

56

 

Total

 

$

3,651

 

 

$

3,698

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reported as:

 

 

 

 

 

 

 

 

Short-term

 

$

1,815

 

 

$

1,894

 

Long-term

 

 

1,836

 

 

 

1,804

 

Total

 

$

3,651

 

 

$

3,698

 

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

 

 

 

Six Months Ended

 

 

 

October 30,

2020

 

 

October 25,

2019

 

Balance at beginning of period

 

$

3,698

 

 

$

3,668

 

Additions

 

 

1,364

 

 

 

1,011

 

Revenue recognized during the period

 

 

(1,411

)

 

 

(1,211

)

Balance at end of period

 

$

3,651

 

 

$

3,468

 

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):

 

 

 

Six Months Ended

 

 

 

October 30,

2020

 

 

October 25,

2019

 

Balance at beginning of period

 

$

156

 

 

$

172

 

Additions

 

 

57

 

 

 

32

 

Expense recognized during the period

 

 

(45

)

 

 

(50

)

Balance at end of period

 

$

168

 

 

$

154

 

 

 

 

October 30,

2020

 

 

April 24,

2020

 

Other current assets

 

$

70

 

 

$

67

 

Other non-current assets

 

 

98

 

 

 

89

 

Total deferred commissions

 

$

168

 

 

$

156