XML 53 R35.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Financing Arrangements (Tables) | 12 Months Ended
--- | ---
Apr. 26, 2024
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 |  | April 26, 2024 |  |  | April 28, 2023 |  |
3.30% Senior Notes Due September 2024 |  | 3.42% |  | $ | 400 |  |  | $ | 400 |  |
1.875% Senior Notes Due June 2025 |  | 2.03% |  |  | 750 |  |  |  | 750 |  |
2.375% Senior Notes Due June 2027 |  | 2.51% |  |  | 550 |  |  |  | 550 |  |
2.70% Senior Notes Due June 2030 |  | 2.81% |  |  | 700 |  |  |  | 700 |  |
Total principal amount |  |  |  |  | 2,400 |  |  |  | 2,400 |  |
Unamortized discount and issuance costs |  |  |  |  | (8 | ) |  |  | (11 | ) |
Total senior notes |  |  |  |  | 2,392 |  |  |  | 2,389 |  |
Less: Current portion of long-term debt |  |  |  |  | (400 | ) |  |  | — |  |
Total long-term debt |  |  |  | $ | 1,992 |  |  | $ | 2,389 |  |
Future Principal Debt Maturities | As of April 26, 2024, our aggregate future principal debt maturities are as follows (in millions):
Fiscal Year |  | Amount |
2025 |  | $ | 400 |
2026 |  |  | 750 |
2027 |  |  | — |
2028 |  |  | 550 |
Thereafter |  |  | 700 |
Total |  | $ | 2,400 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481544/470-10-50-1 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration