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Net Income per Share (Tables)

3 Months Ended

Jul. 25, 2025

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
		July 25, 2025				July 26, 2024
Numerator:
Net income		$	233			$	248
Denominator:
Shares used in basic computation			201				206
Dilutive impact of employee equity award plans			2				6
Shares used in diluted computation			203				212
Net Income per Share:
Basic		$	1.16			$	1.20
Diluted		$	1.15			$	1.17

Schedule of Employee Equity Award

The following table presents the numbers of potential shares of common stock from outstanding employee equity awards that have been excluded from the computation of diluted net income per share, as their inclusion would have had an anti-dilutive effect, for the periods presented (in millions):


		Three Months Ended
		July 25, 2025				July 26, 2024
Employee equity award plans			—				1