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Net Income per Share (Tables)
6 Months Ended
Oct. 25, 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

 

 

Six Months Ended

 

 

 

October 25,
 2024

 

 

October 27,
2023

 

 

October 25,
 2024

 

 

October 27,
2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

299

 

 

$

233

 

 

$

547

 

 

$

382

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in basic computation

 

 

204

 

 

 

208

 

 

 

205

 

 

 

210

 

Dilutive impact of employee equity award plans

 

 

6

 

 

 

3

 

 

 

6

 

 

 

4

 

Shares used in diluted computation

 

 

210

 

 

 

211

 

 

 

211

 

 

 

214

 

Net Income per Share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.47

 

 

$

1.12

 

 

$

2.67

 

 

$

1.82

 

Diluted

 

$

1.42

 

 

$

1.10

 

 

$

2.59

 

 

$

1.79

 

No potential shares