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Employee Benefits and Deferred Compensation (Tables) | 12 Months Ended
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Apr. 28, 2023
Retirement Benefits [Abstract] |
Amount Contributed Under 401(k) Plans | Our employer matching contributions to the 401(k) Plan were as follows (in millions):
|  | Year Ended |
|  | April 28, 2023 |  |  | April 29, 2022 |  |  | April 30, 2021 |
401(k) matching contributions |  | $ | 33 |  |  | $ | 31 |  |  | $ | 29 |
Deferred Compensation Plans | The related deferred compensation plan assets and liabilities under the non-qualified deferred compensation plan were as follows (in millions):
|  | April 28, 2023 |  |  | April 29, 2022 |
Deferred compensation plan assets |  | $ | 36 |  |  | $ | 36 |
Deferred compensation liabilities reported as: |  |  |  |  |  |
Accrued expenses |  | $ | 7 |  |  | $ | 6 |
Other long-term liabilities |  | $ | 29 |  |  | $ | 30 |
Schedule of Defined Benefit Plans | The funded status of our defined benefit plans, which is recognized in other long-term liabilities in our consolidated balance sheets, was as follows (in millions):
|  | April 28, 2023 |  |  | April 29, 2022 |
Fair value of plan assets |  | $ | 44 |  |  | $ | 39 |
Benefit obligations |  |  | (75 | ) |  |  | (69 | )
Unfunded obligations |  | $ | (31 | ) |  | $ | (30 | )

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- Definition Amount contributed under 401(k) plans. + References No definition available. + Details
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- Definition Tabular disclosure of arrangements with individual employees that are not equity-based payments or pensions and other postretirement benefits, which are generally employment contracts between the entity and selected officers or key employees containing a promise by the employer to pay certain amounts at designated future dates, usually including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Examples may include profit sharing, deferred bonuses or certain split-dollar life insurance arrangements. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period and the carrying amount as of the balance sheet date of the related liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 710 -SubTopic 10 -Section 30 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6409875&loc=d3e20015-108363 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 710 -SubTopic 10 -Section 25 -Paragraph 11 -URI https://asc.fasb.org/extlink&oid=6409733&loc=d3e19524-108361 + Details
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- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI https://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e2439-114920 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e2410-114920 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e2417-114920 + Details
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