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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Millions
Total
Common Stock and Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Balances at Apr. 28, 2023 $ 1,159 $ 945 $ 265 $ (51)
Balances (in shares) at Apr. 28, 2023   212,000,000    
Net Income (Loss) 149   149  
Other comprehensive loss 3     3
Issuance of common stock under employee stock award plans, net of taxes (13) $ (13)    
Issuance of common stock under employee stock award plans, net of taxes (in shares)   2,000,000    
Repurchase of common stock (400) $ (24) (376)  
Repurchase of common stock, shares   (5,000,000)    
Excise tax on net stock repurchases (2) $ (2)    
Stock-based compensation 83 83    
Cash dividends declared ($0.50 per common share) (106) (68) (38)  
Balances at Jul. 28, 2023 873 $ 921 0 (48)
Balances (in shares) at Jul. 28, 2023   209,000,000    
Balances at Apr. 26, 2024 $ 1,146 $ 997 208 (59)
Balances (in shares) at Apr. 26, 2024 206,000,000 206,000,000    
Net Income (Loss) $ 248   248  
Other comprehensive loss 0     0
Issuance of common stock under employee stock award plans, net of taxes (42) $ (42)    
Issuance of common stock under employee stock award plans, net of taxes (in shares)   2,000,000    
Repurchase of common stock (400) $ (16) (384)  
Repurchase of common stock, shares   (3,000,000)    
Excise tax on net stock repurchases (1) $ (1)    
Stock-based compensation 85 85    
Cash dividends declared ($0.50 per common share) (107) (35) (72)  
Balances at Jul. 26, 2024 $ 929 $ 988 $ 0 $ (59)
Balances (in shares) at Jul. 26, 2024 205,000,000 205,000,000