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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Jul. 26, 2024
Jul. 28, 2023
Cash flows from operating activities:    
Net Income (Loss) $ 248 $ 149
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 63 64
Non-cash operating lease cost 10 11
Stock-based compensation 85 87
Deferred income taxes (17) (6)
Other items, net (19) (2)
Changes in assets and liabilities, net of acquisitions of businesses:    
Accounts receivable 335 332
Inventories (29) 37
Other operating assets 49 57
Accounts payable (77) (56)
Accrued expenses (221) (89)
Deferred revenue and financed unearned services revenue (92) (133)
Long-term taxes payable 4 1
Other operating liabilities 2 1
Net cash provided by operating activities 341 453
Cash flows from investing activities:    
Purchases of investments (480) (571)
Maturities, sales and collections of investments 470 379
Purchases of property and equipment (41) (35)
Other investing activities, net 0 (1)
Net cash used in investing activities (51) (228)
Cash flows from financing activities:    
Proceeds from issuance of common stock under employee stock award plans 55 52
Payments for taxes related to net share settlement of stock awards (97) (65)
Repurchase of common stock (400) (400)
Dividends paid (107) (106)
Other financing activities, net 1 (2)
Net cash used in financing activities (548) (521)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 8 0
Net change in cash, cash equivalents and restricted cash (250) (296)
Cash, cash equivalents and restricted cash:    
Beginning of period 1,909 2,322
End of period $ 1,659 $ 2,026