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Net Income per Share
 6 Months Ended
Oct. 29, 2021
Earnings Per Share [Abstract]  
Net Income per Share

13. Net Income per Share

The following is a calculation of basic and diluted net income per share (in millions, except per share amounts):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

October 29,
 2021

 

 

October 30,
 2020

 

 

October 29,
 2021

 

 

October 30,
 2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

224

 

 

$

137

 

 

$

426

 

 

$

214

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in basic computation

 

 

223

 

 

 

222

 

 

 

223

 

 

 

222

 

Dilutive impact of employee equity award plans

 

 

6

 

 

 

2

 

 

 

6

 

 

 

1

 

Shares used in diluted computation

 

 

229

 

 

 

224

 

 

 

229

 

 

 

223

 

Net Income per Share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.00

 

 

$

0.62

 

 

$

1.91

 

 

$

0.96

 

Diluted

 

$

0.98

 

 

$

0.61

 

 

$

1.86

 

 

$

0.96

 

No potential shares from outstanding employee awards were excluded from the diluted net income per share calculation for the three and six months ended October 29, 2021. Eight million and seven million potential shares from outstanding employee equity awards were excluded from the diluted net income per share calculations for the three and six months ended October 30, 2020, respectively, as their inclusion would have been anti-dilutive.