XML 52 R38.htm IDEA: XBRL DOCUMENT v3.25.1
Leases (Tables)
12 Months Ended
Apr. 25, 2025
Leases [Abstract]  
Components of Lease Cost Related to Operating Leases

The components of lease cost related to our operating leases were as follows (in millions):

 

 

 

Year Ended

 

 

 

April 25, 2025

 

 

April 26, 2024

 

Operating lease cost

 

$

51

 

 

$

53

 

Variable lease cost

 

 

15

 

 

 

15

 

Total lease cost

 

$

66

 

 

$

68

 

 

Supplemental Cash Flow Information Related to Operating Leases

The supplemental cash flow information related to our operating leases is as follows (in millions):

 

 

 

Year Ended

 

 

 

April 25, 2025

 

 

April 26, 2024

 

Cash paid for amounts included in the measurement of operating lease liabilities

 

$

48

 

 

$

50

 

Right-of-use assets obtained in exchange for new operating lease obligations

 

$

25

 

 

$

17

 

 

Supplemental Balance Sheet Information Related to Operating Leases

The supplemental balance sheet information related to our operating leases is as follows (in millions, except lease term and discount rate):

 

 

April 25, 2025

 

 

April 26, 2024

 

Other non-current assets

 

$

241

 

 

$

247

 

Total operating lease ROU assets

 

$

241

 

 

$

247

 

 

 

 

 

 

 

 

Accrued expenses

 

$

40

 

 

$

40

 

Other long-term liabilities

 

 

216

 

 

 

220

 

Total operating lease liabilities

 

$

256

 

 

$

260

 

 

 

 

 

 

 

 

Weighted Average Remaining Lease Term

 

8.5 years

 

 

9.2 years

 

 

 

 

 

 

 

 

Weighted Average Discount Rate

 

 

3.4

%

 

 

3.1

%

Future Minimum Operating Lease Payments

Future minimum operating lease payments as of April 25, 2025 are as follows (in millions):

 

Fiscal Year

 

 

 

Amount

 

2026

 

 

 

$

47

 

2027

 

 

 

 

42

 

2028

 

 

 

 

36

 

2029

 

 

 

 

31

 

2030

 

 

 

 

29

 

Thereafter

 

 

 

 

111

 

Total lease payments

 

 

 

 

296

 

Less: Interest

 

 

 

 

(40

)

Total

 

 

 

$

256