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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Oct. 25, 2024
Oct. 27, 2023
Cash flows from operating activities:    
Net Income (Loss) $ 547 $ 382
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 126 128
Non-cash operating lease cost 21 23
Stock-based compensation 188 180
Deferred income taxes (69) (13)
Other items, net 35 (27)
Changes in assets and liabilities, net of acquisitions of businesses:    
Accounts receivable 138 185
Inventories (132) 46
Other operating assets (107) (26)
Accounts payable 36 14
Accrued expenses (84) 48
Deferred revenue and financed unearned services revenue (164) (241)
Long-term taxes payable (91) (110)
Other operating liabilities 2 (1)
Net cash provided by operating activities 446 588
Cash flows from investing activities:    
Purchases of investments (882) (860)
Maturities, sales and collections of investments 1,479 932
Purchases of property and equipment (86) (73)
Other investing activities, net 2 0
Net cash provided by (used in) investing activities 513 (1)
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 (132) (85)
Repurchase of common stock (700) (700)
Repayments and extinguishment of debt (400) 0
Dividends paid (213) (209)
Net cash used in financing activities (1,390) (942)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 9 (26)
Net change in cash, cash equivalents and restricted cash (422) (381)
Cash, cash equivalents and restricted cash:    
Beginning of period 1,909 2,322
End of period $ 1,487 $ 1,941