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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Oct. 25, 2024
Apr. 26, 2024
Current assets:    
Cash and cash equivalents $ 1,478 $ 1,903
Short-term investments 744 1,349
Accounts receivable 873 1,007
Inventories 317 186
Other current assets 527 452
Total current assets 3,939 4,897
Property and equipment, net 593 604
Goodwill 2,759 2,759
Purchased intangible assets, net 96 124
Other non-current assets 1,617 1,503
Total assets 9,004 9,887
Current liabilities:    
Accounts payable 554 517
Accrued expenses 969 1,013
Current portion of long-term debt 749 400
Short-term deferred revenue and financed unearned services revenue 2,045 2,176
Total current liabilities 4,317 4,106
Long-term debt 1,244 1,992
Other long-term liabilities 496 585
Long-term deferred revenue and financed unearned services revenue 2,055 2,058
Total liabilities 8,112 8,741
Commitments and contingencies (Note 14)
Stockholders' equity:    
Common stock and additional paid-in capital, $0.001 par value; 203 and 206 shares issued and outstanding as of October 25, 2024 and April 26, 2024, respectively 947 997
Retained earnings 0 208
Accumulated other comprehensive loss (55) (59)
Total stockholders' equity 892 1,146
Total liabilities and stockholders' equity $ 9,004 $ 9,887