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Net Income per Share (Tables) | 9 Months Ended
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Jan. 26, 2024
Earnings Per Share [Abstract] |
Computation of Basic and Diluted 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 |  |  | Nine Months Ended |
|  | January 26, 2024 |  |  | January 27, 2023 |  |  | January 26, 2024 |  |  | January 27, 2023 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 313 |  |  | $ | 65 |  |  | $ | 695 |  |  | $ | 1,029 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Shares used in basic computation |  |  | 206 |  |  |  | 216 |  |  |  | 209 |  |  |  | 218 |
Dilutive impact of employee equity award plans |  |  | 5 |  |  |  | 3 |  |  |  | 4 |  |  |  | 3 |
Shares used in diluted computation |  |  | 211 |  |  |  | 219 |  |  |  | 213 |  |  |  | 221 |
Net Income per Share: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 1.52 |  |  | $ | 0.30 |  |  | $ | 3.33 |  |  | $ | 4.72 |
Diluted |  | $ | 1.48 |  |  | $ | 0.30 |  |  | $ | 3.26 |  |  | $ | 4.66 |
No potential shares from outstanding employee equity awards were excluded from the diluted net income per share calculations for the three months ended January 26, 2024, while three million potential shares from outstanding employee equity awards were excluded from the diluted net income per share calculations for the nine months ended January 26, 2024, as their inclusion would have been anti-dilutive. Six million shares from outstanding employee awards each were excluded from the diluted net income per share calculation for the three and nine months ended January 27, 2023, respectively, as their inclusion would have been anti-dilutive.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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