XML 41 R31.htm IDEA: XBRL DOCUMENT v3.25.2
Stockholders' Equity (Tables)
3 Months Ended
Jul. 25, 2025
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Expense

Stock-based compensation expense is included in the condensed consolidated statements of income as follows (in millions):

 

 

Three Months Ended

 

 

 

July 25, 2025

 

 

July 26, 2024

 

Cost of product revenues

 

$

1

 

 

$

1

 

Cost of hardware support and other services revenues

 

 

6

 

 

 

6

 

Sales and marketing

 

 

34

 

 

 

35

 

Research and development

 

 

25

 

 

 

31

 

General and administrative

 

 

17

 

 

 

12

 

Total stock-based compensation expense

 

$

83

 

 

$

85

 

Summary of Activities Related to Stock Repurchase Program

The following table summarizes activity related to the stock repurchase program for the three months ended July 25, 2025 (in millions, except for per share amounts):

 

Number of shares repurchased

 

 

3.0

 

Average price per share

 

$

99.76

 

Stock repurchases allocated to additional paid-in capital

 

$

67

 

Stock repurchases allocated to retained earnings

 

$

233

 

Remaining authorization at end of period

 

$

1,152

 

Summary of Activities Related to Dividends on Common Stock

The following is a summary of our activities related to dividends on our common stock (in millions, except per share amounts):

 

 

 

Three Months Ended

 

 

 

July 25, 2025

 

 

July 26, 2024

 

Dividends per share declared

 

$

0.52

 

 

$

0.52

 

Dividend payments allocated to additional paid-in capital

 

$

104

 

 

$

35

 

Dividend payments allocated to retained earnings

 

$

 

 

$

72