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Financing Arrangements (Tables) | 9 Months Ended
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Jan. 29, 2021
Debt Disclosure [Abstract] |
Carrying Value of Long-Term Debt | The following table summarizes information relating to our long-term debt, which we collectively refer to as our Senior Notes (in millions, except interest rates):
|  | Effective Interest Rate |  |  | January 29, 2021 |  |  | April 24, 2020 |
3.375% Senior Notes Due June 2021 |  | 3.54% |  |  | $ | — |  |  | $ | 500 |
3.25% Senior Notes Due December 2022 |  | 3.43% |  |  |  | 250 |  |  |  | 250 |
3.30% Senior Notes Due September 2024 |  | 3.42% |  |  |  | 400 |  |  |  | 400 |
1.875% Senior Notes Due June 2025 |  | 2.03% |  |  |  | 750 |  |  |  | — |
2.375% Senior Notes Due June 2027 |  | 2.51% |  |  |  | 550 |  |  |  | — |
2.70% Senior Notes Due June 2030 |  | 2.81% |  |  |  | 700 |  |  |  | — |
Total principal amount |  |  |  |  |  |  | 2,650 |  |  |  | 1,150 |
Unamortized discount and issuance costs |  |  |  |  |  |  | (18 | ) |  |  | (4 | )
Total long-term debt |  |  |  |  |  | $ | 2,632 |  |  | $ | 1,146 |
Future Principal Debt Maturities | As of January 29, 2021, our aggregate future principal debt maturities are as follows (in millions):
Fiscal Year |  | Amount |
2023 |  | $ | 250 |
2025 |  |  | 400 |
2026 |  |  | 750 |
Thereafter |  |  | 1,250 |
Total |  | $ | 2,650 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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