NetApp (NTAP) 10-Q 29 Aug 23 2024 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Jul. 28, 2023	Aug. 23, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jul. 28, 2023
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Trading Symbol	NTAP
Entity Registrant Name	NetApp, Inc.
Entity Central Index Key	0001002047
Current Fiscal Year End Date	--04-26
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity Small Business	false
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		208,791,155
Entity File Number	000-27130
Entity Tax Identification Number	77-0307520
Entity Address, Address Line One	3060 Olsen Drive
Entity Address, City or Town	San Jose
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95128
City Area Code	408
Local Phone Number	822-6000
Document Quarterly Report	true
Document Transition Report	false
Entity Incorporation, State or Country Code	DE
Entity Interactive Data Current	Yes
Security Exchange Name	NASDAQ
Title of 12(b) Security	Common Stock, $0.001 Par Value

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023
Current assets:
Cash and cash equivalents	$ 2,020	$ 2,316
Short-term investments	955	754
Accounts receivable	653	987
Inventories	131	167
Other current assets	401	456
Total current assets	4,160	4,680
Property and equipment, net	641	650
Goodwill	2,759	2,759
Other intangible assets, net	166	181
Other non-current assets	1,544	1,548
Total assets	9,270	9,818
Current liabilities:
Accounts payable	344	392
Accrued expenses	778	857
Short-term deferred revenue and financed unearned services revenue	2,127	2,218
Total current liabilities	3,249	3,467
Long-term debt	2,390	2,389
Other long-term liabilities	703	708
Long-term deferred revenue and financed unearned services revenue	2,055	2,095
Total liabilities	8,397	8,659
Commitments and contingencies (Note 15)
Stockholders' equity:
Common stock and additional paid-in capital, $0.001 par value; 209 and 212 shares issued and outstanding as of July 28, 2023 and April 28, 2023, respectively.	921	945
Retained earnings	0	265
Accumulated other comprehensive loss	(48)	(51)
Total stockholders' equity	873	1,159
Total liabilities and stockholders' equity	$ 9,270	$ 9,818

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Jul. 28, 2023	Apr. 28, 2023
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	209,000,000	212,000,000
Common stock, shares outstanding	209,000,000	212,000,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Net revenues:
Net revenues	$ 1,432	$ 1,592
Cost of revenues:
Total cost of revenues	436	546
Gross profit	996	1,046
Operating expenses:
Sales and marketing	468	458
Research and development	247	240
General and administrative	74	72
Restructuring charges	26	11
Acquisition-related expense	3	10
Total operating expenses	818	791
Income from operations	178	255
Other expense, net	8	15
Income before income taxes	186	270
Provision for income taxes	37	56
Net income	$ 149	$ 214
Net income per share:
Basic	$ 0.70	$ 0.97
Diluted	$ 0.69	$ 0.96
Shares used in net income per share calculations:
Basic	212	220
Diluted	216	224
Product [Member]
Net revenues:
Net revenues	$ 590	$ 786
Cost of revenues:
Total cost of revenues	265	397
Service [Member]
Net revenues:
Net revenues	842	806
Cost of revenues:
Total cost of revenues	$ 171	$ 149

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Statement of Comprehensive Income [Abstract]
Net Income (Loss)	$ 149	$ 214
Other comprehensive income (loss):
Foreign currency translation adjustments	2	(3)
Unrealized gains on cash flow hedges:
Unrealized holding gains arising during the period	2	0
Reclassification adjustments for gains included in net income	(1)	(1)
Total other comprehensive income	3	(4)
Comprehensive income	$ 152	$ 210

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Cash flows from operating activities:
Net Income (Loss)	$ 149	$ 214
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	64	58
Non-cash operating lease cost	11	14
Stock-based compensation	87	67
Deferred income taxes	(6)	(15)
Other items, net	(2)	(66)
Changes in assets and liabilities, net of acquisitions of businesses:
Accounts receivable	332	364
Inventories	37	(28)
Other operating assets	57	1
Accounts payable	(56)	(90)
Accrued expenses	(89)	(208)
Deferred revenue and financed unearned services revenue	(133)	(32)
Long-term taxes payable	1	1
Other operating liabilities	1	1
Net cash provided by operating activities	453	281
Cash flows from investing activities:
Purchases of investments	(571)	(133)
Maturities, sales and collections of investments	379	2
Purchases of property and equipment	(35)	(65)
Acquisitions of businesses, net of cash acquired	0	(491)
Other investing activities, net	(1)	59
Net cash used in investing activities	(228)	(628)
Cash flows from financing activities:
Proceeds from issuance of common stock under employee stock award plans	52	54
Payments for taxes related to net share settlement of stock awards	(65)	(52)
Repurchase of common stock	(400)	(350)
Dividends paid	(106)	(110)
Other financing activities, net	(2)	(1)
Net cash used in provided by financing activities	(521)	(459)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	0	(18)
Net change in cash, cash equivalents and restricted cash	(296)	(824)
Cash, cash equivalents and restricted cash:
Beginning of period	2,322	4,119
End of period	$ 2,026	$ 3,295

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($) $ in Millions	Total	Common Stock and Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss
Balances at Apr. 29, 2022	$ 838	$ 760	$ 122	$ (44)
Balances (in shares) at Apr. 29, 2022		220,000,000
Net Income (Loss)	214		214
Other comprehensive loss	(4)			(4)
Issuance of common stock under employee stock award plans, net of taxes	2	$ 2
Issuance of common stock under employee stock award plans, net of taxes (in shares)		3,000,000
Repurchase of common stock	(350)	$ (18)	(332)
Repurchase of common stock, shares		(5,000,000)
Stock-based compensation	67	$ 67
Cash dividends declared ($0.50 per common share)	(110)	(106)	(4)
Balances at Jul. 29, 2022	657	$ 705	0	(48)
Balances (in shares) at Jul. 29, 2022		218,000,000
Balances at Apr. 28, 2023	$ 1,159	$ 945	265	(51)
Balances (in shares) at Apr. 28, 2023	212,000,000	212,000,000
Net Income (Loss)	$ 149		149
Other comprehensive loss	3			3
Issuance of common stock under employee stock award plans, net of taxes	(13)	$ (13)
Issuance of common stock under employee stock award plans, net of taxes (in shares)		2,000,000
Repurchase of common stock	(400)	$ (24)	(376)
Repurchase of common stock, shares		(5,000,000)
Excise tax on net stock repurchases	(2)	$ (2)
Stock-based compensation	83	83
Cash dividends declared ($0.50 per common share)	(106)	(68)	(38)
Balances at Jul. 28, 2023	$ 873	$ 921	$ 0	$ (48)
Balances (in shares) at Jul. 28, 2023	209,000,000	209,000,000

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) (Parenthetical) - $ / shares	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Statement of Stockholders' Equity [Abstract]
Cash dividends declared, per common share	$ 0.5	$ 0.5

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 149	$ 214

Insider Trading Arrangements

Insider Trading Arrangements - shares			3 Months Ended
	Jun. 28, 2023	Jun. 07, 2023	Jul. 28, 2023
Trading Arrangements, by Individual
Material Terms of Trading Arrangement			I tem 5. Other Information. Insider Adoption or Termination of Trading Arrangements O n June 7, 2023 , Cesar Cernuda , President of the Company, entered into a 10b5-1 trading arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) promulgated under the Exchange Act. The trading arrangement will expire on June 7, 2024 , and may be terminated earlier in the limited circumstances defined in the trading arrangement. An aggregate of 88,000 shares may be sold pursuant to the trading arrangement. On June 28, 2023 , The Nevens Family 1997 Trust, a trust affiliated with T. Michael Nevens , Chair of the Board of Directors of the Company, entered into a 10b5-1 trading arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) promulgated under the Exchange Act. The trading arrangement will expire on September 30, 2024 , and may be terminated earlier in the limited circumstances defined in the trading arrangement. An aggregate of 7,000 shares may be sold pursuant to the trading arrangement. No other directors or executive officers of the Company adopted, modified or terminated any contract, instruction or written plan for the purchase or sale of the Company’s securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1 (c) or any non-Rule 10b5 trading arrangement, (as defined in Item 408(c) of Regulation S-K) during the quarterly period covered by this report.
Name	T. Michael Nevens	Cesar Cernuda
Title	Chair of the Board of Directors	President
Rule 10b5-1 Arrangement Adopted	true	true	false
Non-Rule 10b5-1 Arrangement Adopted			false
Adoption Date	June 28, 2023	June 7, 2023
Rule 10b5-1 Arrangement Terminated			false
Non-Rule 10b5-1 Arrangement Terminated			false
Termination Date	September 30, 2024	June 7, 2024
Aggregate Available	7,000	88,000

Description of Business and Sig

Description of Business and Significant Accounting Policies	3 Months Ended
	Jul. 28, 2023
Accounting Policies [Abstract]
Description of Business and Significant Accounting Policies	1. Description of Business and Significant Accounting Policies NetApp, Inc. (we, us, NetApp, or the Company) is a global cloud-led, data-centric software company that provides organizations the ability to manage and share their data across on-premises, private and public clouds. We provide a full range of enterprise-class software, systems and services solutions that customers use to modernize their infrastructures, build next generation data centers and harness the power of hybrid clouds. Basis of Presentation and Preparation Our fiscal year is reported on a 52- or 53-week year ending on the last Friday in April. An additional week is included in the first fiscal quarter approximately every six years to realign fiscal months with calendar months. Fiscal years 2024 and 2023, ending on April 26, 2024 and April 28, 2023, respectively, are each 52-week years, with 13 weeks in each quarter. The accompanying unaudited condensed consolidated financial statements have been prepared by the Company, and reflect all adjustments, consisting only of normal recurring adjustments, that are, in the opinion of management, necessary for the fair presentation of our financial position, results of operations, comprehensive income, cash flows and stockholders’ equity for the interim periods presented. The statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information. Accordingly, these statements do not include all information and footnotes required by GAAP for annual consolidated financial statements, and should be read in conjunction with our audited consolidated financial statements as of and for the fiscal year ended April 28, 2023 contained in our Annual Report on Form 10-K. The results of operations for the three months ended July 28, 2023 are not necessarily indicative of the operating results to be expected for the full fiscal year or future operating periods. The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Such estimates include, but are not limited to, revenue recognition, reserves and allowances; inventory valuation; valuation of goodwill and intangibles; restructuring reserves; employee benefit accruals; stock-based compensation; loss contingencies; investment impairments; income taxes and fair value measurements. Actual results could differ materially from those estimates, the anticipated effects of which have been incorporated, as applicable, into management's estimates as of July 28, 2023.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Jul. 28, 2023
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recent Accounting Pronouncements	2. Recent Accounting Pronouncements Although there are new accounting pronouncements issued or proposed by the FASB that we have adopted or will adopt, as applicable, we do not believe any of these accounting pronouncements had or will have a material impact on our consolidated financial position, operating results, cash flows or disclosures.

Business Combinations

Business Combinations	3 Months Ended
	Jul. 28, 2023
Business Combinations [Abstract]
Business Combinations	3. Business Combination Fiscal 2023 Acquisition Instaclustr Acquisition On May 20, 2022, we acquired all the outstanding shares of privately-held Instaclustr US Holding, Inc. (Instaclustr) for approximately $ 498 million. Instaclustr is a leading platform provider of fully managed open-source database, pipeline and workflow applications delivered as-a-service. The acquisition-date values of the assets acquired and liabilities assumed are as follows (in millions): Amount Cash $ 4 Intangible assets 107 Goodwill 413 Other assets 19 Total assets acquired 543 Liabilities assumed ( 45 ) Total purchase price $ 498 The components of the intangible assets acquired were as follows (in millions, except useful life): Amount Estimated useful life Developed technology $ 55 5 Customer contracts/relationships 50 5 Trade name 2 3 Total intangible assets $ 107 The acquired net assets and assumed debt of Instaclustr were recorded at their estimated values. We determined the estimated values with the assistance of valuations and appraisals performed by third party specialists and estimates made by management. We expect to realize revenue synergies and anticipate opportunities for growth through the ability to leverage additional future products and capabilities. These factors, among others, contributed to a purchase price in excess of the estimated value of their identifiable net assets acquired, and as a result, we have recorded goodwill in connection with the acquisition. The goodwill is not deductible for income tax purposes. The results of operations related to the acquisition of Instaclustr have been included in our condensed consolidated statements of income from the acquisition date. Pro forma results of operations have not been presented because the impact from the acquisition was not material to our consolidated results of operations.

Goodwill and Purchased Intangib

Goodwill and Purchased Intangible Assets, Net	3 Months Ended
	Jul. 28, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Purchased Intangible Assets, Net	4. Goodwill and Purchased Intangible Assets, Net Goodwill by reportable segment as of July 28, 2023 is as follows (in millions): Amount Hybrid Cloud $ 1,714 Public Cloud 1,045 Total goodwill $ 2,759 Purchased intangible assets, net are summarized below (in millions): July 28, April 28, Gross Accumulated Net Gross Accumulated Net Assets Amortization Assets Assets Amortization Assets Developed technology $ 179 $ ( 83 ) $ 96 $ 212 $ ( 107 ) $ 105 Customer contracts/relationships 114 ( 45 ) 69 118 ( 44 ) 74 Other purchased intangibles 6 ( 5 ) 1 6 ( 4 ) 2 Total purchased intangible assets $ 299 $ ( 133 ) $ 166 $ 336 $ ( 155 ) $ 181 During the first quarter of fiscal 2024, we retired approximately $ 37 million of fully amortized intangible assets. Amortization expense for purchased intangible assets is summarized below (in millions): Three Months Ended Statements of July 28, July 29, Income Developed technology $ 9 $ 10 Cost of revenues Customer contracts/relationships 5 6 Operating expenses Other purchased intangibles 1 1 Operating expenses Total $ 15 $ 17 As of July 28, 2023, future amortization expense related to purchased intangible assets is as follows (in millions): Fiscal Year Amount 2024 (remainder) $ 42 2025 55 2026 39 2027 29 2028 1 Total $ 166

Supplemental Financial Informat

Supplemental Financial Information	3 Months Ended
	Jul. 28, 2023
Supplemental Financial Information [Abstract]
Supplemental Financial Information	5. Supplemental Financial Information Cash and cash equivalents (in millions): The following table presents cash and cash equivalents as reported in our condensed consolidated balance sheets, as well as the sum of cash, cash equivalents and restricted cash as reported on our condensed consolidated statements of cash flows: July 28, April 28, Cash and cash equivalents $ 2,020 $ 2,316 Restricted cash 6 6 Cash, cash equivalents and restricted cash $ 2,026 $ 2,322 Inventories (in millions): July 28, April 28, Purchased components $ 69 $ 65 Finished goods 62 102 Inventories $ 131 $ 167 Property and equipment, net (in millions): July 28, April 28, Land $ 46 $ 46 Buildings and improvements 361 359 Leasehold improvements 82 91 Computer, production, engineering and other equipment 1,070 1,053 Computer software 329 325 Furniture and fixtures 78 84 Construction-in-progress 67 55 2,033 2,013 Accumulated depreciation and amortization ( 1,392 ) ( 1,363 ) Property and equipment, net $ 641 $ 650 Other non-current assets (in millions): July 28, April 28, Deferred tax assets $ 954 $ 948 Operating lease ROU assets 270 281 Other assets 320 319 Other non-current assets $ 1,544 $ 1,548 Other non-current assets as of July 28, 2023 and April 28, 2023 include $ 82 million and $ 80 million, respectively, for our 49 % non-controlling equity interest in Lenovo NetApp Technology Limited (LNTL), a China-based entity that we formed with Lenovo (Beijing) Information Technology Ltd. in fiscal 2019. LNTL is integral to our sales channel strategy in China, acting as a distributor of our offerings to customers headquartered there, and involved in certain OEM sales to Lenovo. LNTL is also focused on localizing our products and services, and developing new joint offerings for the China market by leveraging NetApp and Lenovo technologies. Our sales to LNTL are conducted on terms equivalent to those prevailing in an arm’s length transaction. Accrued expenses (in millions): July 28, April 28, Accrued compensation and benefits $ 314 $ 363 Product warranty liabilities 18 17 Operating lease liabilities 44 47 Other current liabilities 402 430 Accrued expenses $ 778 $ 857 Other long-term liabilities (in millions): July 28, April 28, Liability for uncertain tax positions $ 145 $ 144 Income taxes payable 215 215 Product warranty liabilities 9 8 Operating lease liabilities 238 248 Other liabilities 96 93 Other long-term liabilities $ 703 $ 708 Deferred revenue and financed unearned services revenue The following table summarizes the components of our deferred revenue and financed unearned services revenue balance as reported in our condensed consolidated balance sheets (in millions): July 28, April 28, Deferred product revenue $ 21 $ 18 Deferred services revenue 4,119 4,247 Financed unearned services revenue 42 48 Total $ 4,182 $ 4,313 Reported as: Short-term $ 2,127 $ 2,218 Long-term 2,055 2,095 Total $ 4,182 $ 4,313 Deferred product revenue represents unrecognized revenue related to undelivered product commitments and other product deliveries that have not met all revenue recognition criteria. Deferred services revenue represents customer payments made in advance for services, which include software and hardware support contracts, certain public cloud services and other services. Financed unearned services revenue represents undelivered services for which cash has been received under certain third-party financing arrangements. See Note 15 – Commitments and Contingencies for additional information related to these arrangements. During the three months ended July 28, 2023 and July 29, 2022, we recognized revenue of $ 658 million and $ 706 million, respectively, that was included in the deferred revenue and financed unearned services revenue balance at the beginning of the respective periods. As of July 28, 2023, the aggregate amount of the transaction price allocated to the remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied approximated our deferred revenue and unearned services revenue balance. Because customer orders are typically placed on an as-needed basis, and cancellable without penalty prior to shipment, orders in backlog may not be a meaningful indicator of future revenue and have not been included in this amount. We expect to recognize as revenue approximately 51 % of our deferred revenue and financed unearned services revenue balance in the next 12 months, approximately 24 % in the next 13 to 24 months, and the remainder thereafter. Deferred commissions The following table summarizes deferred commissions balances as reported in our condensed consolidated balance sheets (in millions): July 28, April 28, Other current assets $ 65 $ 64 Other non-current assets 96 99 Total deferred commissions $ 161 $ 163 Other income, net (in millions): Three Months Ended July 28, July 29, Interest income $ 28 $ 7 Interest expense ( 16 ) ( 18 ) Other, net ( 4 ) 26 Total other income, net $ 8 $ 15 In the three months ended July 29, 2022, Other, net includes a $ 32 million gain recognized on our sale of a minority equity interest in a privately held company for proceeds of approximately $ 59 million. Statements of cash flows additional information (in millions): Supplemental cash flow information related to our operating leases is included in Note 8 ─ Leases. Non-cash investing and financing activities and other supplemental cash flow information are presented below: Three Months Ended July 28, July 29, Non-cash Investing and Financing Activities: Capital expenditures incurred but not paid $ 21 $ 20 Liabilities incurred to former owners of acquired business $ — $ 3 Supplemental Cash Flow Information: Income taxes paid, net of refunds $ 9 $ 12 Interest paid $ 23 $ 27

Financial Instruments and Fair

Financial Instruments and Fair Value Measurements	3 Months Ended
	Jul. 28, 2023
Investments, Debt and Equity Securities [Abstract]
Financial Instruments and Fair Value Measurements	6. Financial Instruments and Fair Value Measurements The accounting guidance for fair value measurements provides a framework for measuring fair value on either a recurring or nonrecurring basis, whereby the inputs used in valuation techniques are assigned a hierarchical level. The following are the three levels of inputs to measure fair value: Level 1: Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2: Inputs that reflect quoted prices for identical assets or liabilities in less active markets; quoted prices for similar assets or liabilities in active markets; benchmark yields, reported trades, broker/dealer quotes, inputs other than quoted prices that are observable for the assets or liabilities; or inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3: Unobservable inputs that reflect our own assumptions incorporated in valuation techniques used to measure fair value. These assumptions are required to be consistent with market participant assumptions that are reasonably available. We consider an active market to be one in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis, and consider an inactive market to be one in which there are infrequent or few transactions for the asset or liability, the prices are not current, or price quotations vary substantially either over time or among market makers. Where appropriate, our own or the counterparty’s non-performance risk is considered in measuring the fair values of liabilities and assets, respectively. Investments The following is a summary of our investments at their cost or amortized cost as of July 28, 2023 and April 28, 2023 (in millions): July 28, April 28, U.S. Treasury and government debt securities 1,005 754 Money market funds 436 794 Certificates of deposit 54 59 Mutual funds 39 36 Total debt and equity securities $ 1,534 $ 1,643 The fair value of our investments approximates their cost or amortized cost for both periods presented. Investments in mutual funds relate to the non-qualified deferred compensation plan offered to certain employees. As of July 28, 2023, all our debt investments are due to mature in one year or less. Fair Value of Financial Instruments The following table summarizes our financial assets and liabilities measured at fair value on a recurring basis (in millions): July 28, 2023 Fair Value Measurements at Reporting Date Using Total Level 1 Level 2 Cash and cash equivalents: Cash $ 1,480 $ 1,480 $ — Money market funds 436 436 — Certificates of deposit 54 — 54 U.S. Treasury and government debt securities 50 50 — Total cash and cash equivalents 2,020 1,966 54 Short-term investments: U.S. Treasury and government debt securities 955 955 — Total short-term investments 955 955 — Total cash, cash equivalents and short-term investments $ 2,975 $ 2,921 $ 54 Other items: Mutual funds (1) $ 8 $ 8 $ — Mutual funds (2) $ 31 $ 31 $ — Foreign currency exchange contracts assets (1) $ 11 $ — $ 11 Foreign currency exchange contracts liabilities (3) $ ( 1 ) $ — $ ( 1 ) April 28, 2023 Fair Value Measurements at Reporting Date Using Total Level 1 Level 2 Cash and cash equivalents: Cash $ 1,463 $ 1,463 $ — Money market funds 794 794 — Certificates of deposit 59 — 59 Total cash and cash equivalents 2,316 2,257 59 Short-term investments: U.S. Treasury and government debt securities 754 754 — Total short-term investments 754 754 — Total cash, cash equivalents and short-term investments $ 3,070 $ 3,011 $ 59 Other items: Mutual funds (1) $ 7 $ 7 $ — Mutual funds (2) $ 29 $ 29 $ — Foreign currency exchange contracts assets (1) $ 13 $ — $ 13 Foreign currency exchange contracts liabilities (3) $ ( 4 ) $ — $ ( 4 ) (1) Reported as other current assets in the condensed consolidated balance sheets (2) Reported as other non-current assets in the condensed consolidated balance sheets (3) Reported as accrued expenses in the condensed consolidated balance sheets Our Level 2 debt instruments are held by a custodian who prices some of the investments using standard inputs in various asset price models or obtains investment prices from third-party pricing providers that incorporate standard inputs in various asset price models. These pricing providers utilize the most recent observable market information in pricing these securities or, if specific prices are not available for these securities, use other observable inputs like market transactions involving identical or comparable securities. We review Level 2 inputs and fair value for reasonableness and the values may be further validated by comparison to multiple independent pricing sources. In addition, we review third-party pricing provider models, key inputs and assumptions and understand the pricing processes at our third-party providers in determining the overall reasonableness of the fair value of our Level 2 debt instruments. As of July 28, 2023 and April 28, 2023, we have not made any adjustments to the prices obtained from our third-party pricing providers. Fair Value of Debt As of July 28, 2023 and April 28, 2023, the fair value of our long-term debt was approximately $ 2,185 million and $ 2,206 million, respectively. The fair value of our long-term debt was based on observable market prices in a less active market.

Financing Arrangements

Financing Arrangements	3 Months Ended
	Jul. 28, 2023
Debt Disclosure [Abstract]
Financing Arrangements	7. Financing Arrangements Long-Term Debt The following table summarizes information relating to our long-term debt, which we collectively refer to as our Senior Notes (in millions, except interest rates): Effective Interest Rate July 28, April 28, 3.30% Senior Notes Due September 2024 3.42 % 400 400 1.875% Senior Notes Due June 2025 2.03 % 750 750 2.375% Senior Notes Due June 2027 2.51 % 550 550 2.70% Senior Notes Due June 2030 2.81 % 700 700 Total principal amount 2,400 2,400 Unamortized discount and issuance costs ( 10 ) ( 11 ) Total long-term debt $ 2,390 $ 2,389 Senior Notes Our $ 750 million aggregate principal amount of 1.875 % Senior Notes due 2025, $ 550 million aggregate principal amount of 2.375 % Senior Notes due 2027 and $ 700 million aggregate principal amount of 2.70 % Senior Notes due 2030, were each issued in June 2020. Interest on each of these Senior Notes is payable semi-annually in June and December. Our 3.30 % Senior Notes, with a principal amount of $ 400 million, were issued in September 2017 with interest paid semi-annually in March and September. Our Senior Notes, which are unsecured, unsubordinated obligations, rank equally in right of payment with any existing and future senior unsecured indebtedness. We may redeem the Senior Notes in whole or in part, at any time at our option at specified redemption prices. In addition, upon the occurrence of certain change of control triggering events, we may be required to repurchase the Senior Notes under specified terms. The Senior Notes also include covenants that limit our ability to incur debt secured by liens on assets or on shares of stock or indebtedness of our subsidiaries; to engage in certain sale and lease-back transactions; and to consolidate, merge or sell all or substantially all of our assets. As of July 28, 2023, we were in compliance with all covenants associated with the Senior Notes. As of July 28, 2023, our aggregate future principal debt maturities are as follows (in millions): Fiscal Year Amount 2024 (remainder) $ — 2025 400 2026 750 2027 — 2028 550 Thereafter 700 Total $ 2,400 Commercial Paper Program and Credit Facility We have a commercial paper program (the “Program”), under which we may issue unsecured commercial paper notes. Amounts available under the Program, as amended in July 2017, may be borrowed, repaid and re-borrowed, with the aggregate face or principal amount of the notes outstanding under the Program at any time not to exceed $ 1.0 billion. The maturities of the notes can vary, but may not exceed 397 days from the date of issue. The notes are sold under customary terms in the commercial paper market and may be issued at a discount from par or, alternatively, may be sold at par and bear interest at rates dictated by market conditions at the time of their issuance. The proceeds from the issuance of the notes are used for general corporate purposes. There were no commercial paper notes outstanding as of July 28, 2023 or April 28, 2023. In connection with the Program, we have a senior unsecured credit agreement with a syndicated group of lenders. The credit agreement, which was amended in May 2023 primarily to replace the London Interbank Offered Rate (LIBOR) with the Secured Overnight Financing Rate (SOFR) as the basis for establishing the interest rate applicable to certain borrowings under the agreement, provides for a $ 1.0 billion revolving unsecured credit facility, with a sublimit of $ 50 million available for the issuance of letters of credit on our behalf. The credit facility matures on January 22, 2026 , with an option for us to extend the maturity date for two additional 1 -year periods, subject to certain conditions. The proceeds of the loans may be used by us for general corporate purposes and as liquidity support for our existing commercial paper program. As of July 28, 2023, we were compliant with all associated covenants in the agreement. No amounts were drawn against this credit facility during any of the periods presented.

Leases

Leases	3 Months Ended
	Jul. 28, 2023
Leases [Abstract]
Leases	8. Leases We lease real estate, equipment and automobiles in the U.S. and internationally. Our real estate leases, which are responsible for the majority of our aggregate ROU asset and liability balances, include leases for office space, data centers and other facilities, and as of July 28, 2023, have remaining lease terms not exceeding 19 years. Some of these leases contain options that allow us to extend or terminate the lease agreement. Our equipment leases are primarily for servers and networking equipment and as of July 28, 2023, have remaining lease terms not exceeding 4 years. As of July 28, 2023, our automobile leases have remaining lease terms not exceeding 4 years. All our leases are classified as operating leases except for certain immaterial equipment finance leases. The components of lease cost related to our operating leases were as follows (in millions): Three Months Ended July 28, July 29, Operating lease cost $ 14 $ 15 Variable lease cost 4 4 Total lease cost $ 18 $ 19 Variable lease cost is primarily attributable to amounts paid to lessors for common area maintenance and utility charges under our real estate leases. The supplemental cash flow information related to our operating leases is as follows (in millions): Three Months Ended July 28, July 29, Cash paid for amounts included in the measurement of operating lease liabilities $ 14 $ 14 Right-of-use assets obtained in exchange for new operating lease obligations $ 9 $ 38 The supplemental balance sheet information related to our operating leases is as follows (in millions, except lease term and discount rate): July 28, April 28, Other non-current assets $ 270 $ 281 Total operating lease ROU assets $ 270 $ 281 Accrued expenses $ 44 $ 47 Other long-term liabilities 238 248 Total operating lease liabilities $ 282 $ 295 Weighted Average Remaining Lease Term 9.6 years 9.4 years Weighted Average Discount Rate 3.0 % 3.0 % Future minimum operating lease payments as of July 28, 2023, are as follows (in millions): Fiscal Year Amount 2024 (remainder) $ 38 2025 42 2026 36 2027 32 2028 28 Thereafter 152 Total lease payments 328 Less: Interest ( 46 ) Total $ 282

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Jul. 28, 2023
Share-Based Payment Arrangement [Abstract]
Stockholders' Equity	9. Stockholders’ Equity Restricted Stock Units We granted approximately 4 million restricted stock units (RSUs), including performance-based RSUs (PBRSUs), during the three months ended July 28, 2023, with a weighted average grant date fair value of $ 77.82 . As the remaining number of shares available for issuance under the 2021 Equity Incentive Plan (the 2021 Plan) was insufficient to support the grant of all these awards, most of these awards (the Contingent Awards) are currently subject to settlement, upon vesting, in an amount of cash equal to the product of (x) the fair mar ket value of one share of the Company’s common stock on the day immediately preceding the vesting date and (y) the number of vested RSUs or earned PBRSUs. Because of this cash-settlement provision, the Contingent Awards are accounted for as liability awards and are subject to remeasurement to their fair value at the end of each reporting period. However, if stockholders approve an increase in the number of shares available for issuance under the 2021 Plan sufficient to permit all then-outstanding awards under the 2021 Plan to settle in shares (consistent with the proposal to be voted on at the Company’s 2023 Annual Meeting of Stockholders on September 13, 2023), any outstanding Contingent Awards will become share-settled, equity-classified, awards. In the three months ended July 28, 2023, we granted PBRSUs to certain of our executives, all of which are Contingent Awards. Each PBRSU has performance-based vesting criteria (in addition to the service-based vesting criteria) such that the PBRSUs cliff-vest at the end of a three year performance period, which began on the date specified in the grant agreements and typically ends on the last day of the third fiscal year, following the grant date. The number of shares that will be used to calculate the settlement amount for all of these PBRSUs at the end of the applicable performance and service period will range from 0 % to 200 % of a target number of shares originally granted. For half of the PBRSUs granted in the three months ended July 28, 2023, the number of shares used to calculate the settlement amount will depend upon our Total Stockholder Return (TSR) as compared to the TSR of a specified group of benchmark peer companies (each expressed as a growth rate percentage) calculated as of the end of the performance period. For the remaining half of the PBRSUs granted in the three months ended July 28, 2023, the number of shares used to calculate the settlement amount will depend upon the Company's billings result average over the three-year performance period as compared to a predetermined billings target. Billings for purposes of measuring the performance of these PBRSUs means the total obtained by adding net revenues as reported on the Company's Consolidated Statements of Income to the amount reported as the change in deferred revenue and financed unearned services revenue on the Consolidated Statements of Cash Flows for the applicable measurement period, excluding the impact of fluctuations in foreign currency exchange rates . The aggregate grant date fair value of PBRSUs effectively granted in the current year was $ 32 million, which is being recognized to compensation expense over the remaining performance / service periods . 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 28, July 29, Cost of product revenues $ 1 $ 1 Cost of services revenues 6 4 Sales and marketing 36 28 Research and development 32 24 General and administrative 12 10 Total stock-based compensation expense $ 87 $ 67 For the three months ended July 28, 2023, $ 83 million of total stock-based compensation expense pertains to equity-classified awards, while the remainder pertains to the liability-classified Contingent Awards. As of July 28, 2023, total unrecognized compensation expense related to equity awards was $ 547 million, which is expected to be recognized on a straight-line basis over a weighted-average remaining service period of 2.1 years. Total unrecognized compensation expense related to the liability-classified Contingent Awards was $ 307 million, which is expected to be recognized on a straight-line basis over a weighted-average remaining service period of 3.7 years. Stock Repurchase Program As of July 28, 2023, our Board of Directors has authorized the repurchase of up to $ 16.1 billion of our common stock. Under this program, we may purchase shares of our outstanding common stock through solicited or unsolicited transactions in the open market, in privately negotiated transactions, through accelerated share repurchase programs, pursuant to a Rule 10b5-1 plan or in such other manner as deemed appropriate by our management. The stock repurchase program may be suspended or discontinued at any time. The following table summarizes activity related to the stock repurchase program for the three months ended July 28, 2023 (in millions, except for per share amounts): Number of shares repurchased 5 Average price per share $ 74.14 Stock repurchases allocated to additional paid-in capital $ 24 Stock repurchases allocated to retained earnings $ 376 Remaining authorization at end of period $ 1,002 Since the May 13, 2003 inception of our stock repurchase program through July 28, 2023, we repurchased a total of 365 million shares of our common stock at an average price of $ 41.38 per share, for an aggregate purchase price of $ 15.1 billion. Dividends 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 28, July 29, Dividends per share declared $ 0.50 $ 0.50 Dividend payments allocated to additional paid-in capital $ 68 $ 106 Dividend payments allocated to retained earnings $ 38 $ 4 On August 22, 2023, we declared a cash dividend of $ 0.50 per share of common stock, payable on October 25, 2023 to holders of record as of the close of business on October 6, 2023 . The timing and amount of future dividends will depend on market conditions, corporate business and financial considerations and regulatory requirements. All dividends declared have been determined by us to be legally authorized under the laws of the state in which we are incorporated. Accumulated Other Comprehensive Income (Loss) Changes in accumulated other comprehensive income (loss) (AOCI) by component, net of tax, are summarized below (in millions): Foreign Defined Unrealized Total Balance as of April 28, 2023 $ ( 48 ) $ ( 3 ) $ — $ ( 51 ) Other comprehensive gain, net of tax 2 — 2 4 Amounts reclassified from AOCI, net of tax — — ( 1 ) ( 1 ) Total other comprehensive income 2 — 1 3 Balance as of July 28, 2023 $ ( 46 ) $ ( 3 ) $ 1 $ ( 48 ) The amounts reclassified out of AOCI are as follows (in millions): Three Months Ended July 28, July 29, Statements of Realized gains on cash flow hedges $ ( 1 ) $ ( 1 ) Net revenues Total reclassifications $ ( 1 ) $ ( 1 )

Derivatives and Hedging Activit

Derivatives and Hedging Activities	3 Months Ended
	Jul. 28, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging Activities	10. Derivatives and Hedging Activities We use derivative instruments to manage exposures to foreign currency risk. Our primary objective in holding derivatives is to reduce the volatility of earnings and cash flows associated with changes in foreign currency exchange rates. The maximum length of time over which forecasted foreign currency denominated revenues are hedged is 12 months. The program is not designated for trading or speculative purposes. Our derivatives expose us to credit risk to the extent that the counterparties may be unable to meet their obligations under the terms of our agreements. We seek to mitigate such risk by limiting our counterparties to major financial institutions. In addition, the potential risk of loss with any one counterparty resulting from this type of credit risk is monitored on an ongoing basis. We also have in place master netting arrangements to mitigate the credit risk of our counterparties and to potentially reduce our losses due to counterparty nonperformance. We present our derivative instruments as net amounts in our condensed consolidated balance sheets. The gross and net fair value amounts of such instruments were not material as of July 28, 2023 or April 28, 2023. All contracts have a maturity of less than 12 months. The notional amount of our outstanding U.S. dollar equivalent foreign currency exchange forward contracts consisted of the following (in millions): July 28, April 28, Cash Flow Hedges Forward contracts purchased $ 108 $ 95 Balance Sheet Contracts Forward contracts sold $ 885 $ 965 Forward contracts purchased $ 184 $ 96 The gain (loss) of cash flow hedges recognized in net revenues is presented in the condensed consolidated statements of comprehensive income and Note 9 – Stockholders’ Equity. The effect of derivative instruments not designated as hedging instruments recognized in other income, net on our condensed consolidated statements of income was as follows (in millions): Three Months Ended July 28, July 29, Foreign currency exchange contracts $ ( 4 ) $ ( 21 )

Restructuring Charges

Restructuring Charges	3 Months Ended
	Jul. 28, 2023
Restructuring and Related Activities [Abstract]
Restructuring Charges	11. Restructuring Charges In the first quarter of fiscal 2024, we initiated a restructuring plan to redirect resources to highest return activities, and to optimize our global office space for our hybrid work model. In connection with the plan, we reduced our global workforce by approximately 1 % and terminated certain real estate leases in various countries, resulting in restructuring charges comprised primarily of employee severance-related expenses and lease termination charges. The workforce related activities under the plan are substantially complete. In the first three months of fiscal 2023, we executed, or continued to execute, restructuring plans to redirect resources to highest return activities and to establish our international headquarters in Cork, Ireland, which included a reduction in our global workforce of less than 1 % and resulted in restructuring charges comprised primarily of employee severance-related costs and legal and tax-related professional fees. Substantially all activities under these plans were complete as of the end of fiscal 2023. Activities related to our restructuring plans are summarized as follows (in millions): Three Months Ended July 28, July 29, Balance at beginning of period $ 36 $ 1 Net charges 26 11 Cash payments ( 31 ) ( 3 ) Balance at end of period $ 31 $ 9

Income Taxes

Income Taxes	3 Months Ended
	Jul. 28, 2023
Income Tax Disclosure [Abstract]
Income Taxes	12. Income Taxes Our effective tax rates for the periods presented were as follows: Three Months Ended July 28, July 29, Effective tax rates 19.9 % 20.7 % Our effective tax rate reflects the impact of a significant amount of earnings being taxed in foreign jurisdictions at rates below the United States (U.S.) statutory rate. Our effective tax rate for the three months ended July 28, 2023 decreased from the prior year, primarily due to increased fiscal 2023 foreign tax credits resulting from Internal Revenue Service Notice 2023-55 released during the quarter, partially offset by an increase in stock compensation for which no tax benefit is currently recorded. The effective tax rate for the three months ended July 29, 2022, includes larger discrete tax benefits related to stock-based compensation than the current year. We are currently undergoing various income tax audits in the U.S. and audits in several foreign tax jurisdictions. Transfer pricing calculations are key topics under these audits and are often subject to dispute and appeals. We continue to monitor the progress of ongoing discussions with tax authorities and the impact, if any, of the expected expiration of the statute of limitations in various taxing jurisdictions. We engage in continuous discussion and negotiation with taxing authorities regarding tax matters in multiple jurisdictions. We believe that within the next 12 months, it is reasonably possible that either certain audits will conclude, certain statutes of limitations will lapse, or both. As a result of uncertainties regarding tax audits and their possible outcomes, an estimate of the range of possible impacts to unrecognized tax benefits in the next twelve months cannot be made at this time. As of July 28, 2023, we had $ 221 million of gross unrecognized tax benefits. Inclusive of penalties, interest and certain income tax benefits, $ 145 million would affect our provision for income taxes if recognized. Net unrecognized tax benefits of $ 145 million have been recorded in other long-term liabilities.

Net Income per Share

Net Income per Share	3 Months Ended
	Jul. 28, 2023
Earnings Per Share [Abstract]
Net Income per Share	13. 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 28, July 29, Numerator: Net income $ 149 $ 214 Denominator: Shares used in basic computation 212 220 Dilutive impact of employee equity award plans 4 4 Shares used in diluted computation 216 224 Net Income per Share: Basic $ 0.70 $ 0.97 Diluted $ 0.69 $ 0.96 One and five million shares from outstanding employee awards were excluded from the diluted net income per share calculation for the three months ended July 28, 2023 and July 29, 2022, respectively, as their inclusion would have been anti-dilutive.

Segment, Geographic, and Signif

Segment, Geographic, and Significant Customer Information	3 Months Ended
	Jul. 28, 2023
Segment Reporting [Abstract]
Segment, Geographic, and Significant Customer Information	14. Segment, Geographic, and Significant Customer Information Our operations are organized into two segments: Hybrid Cloud and Public Cloud. The two segments are based on the information reviewed by our Chief Operating Decision Maker (CODM), who is the Chief Executive Officer, to evaluate results and allocate resources. The CODM measures performance of each segment based on segment revenue and segment gross profit. We do not allocate to our segments certain cost of revenues which we manage at the corporate level. These unallocated costs include stock-based compensation and amortization of intangible assets. We do not allocate assets to our segments. Hybrid Cloud offers a portfolio of storage and infrastructure solutions that help customers recast their data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services. Public Cloud offers a portfolio of products delivered primarily as-a-service, including related support. This portfolio includes cloud storage and data services, and cloud operations services. Public Cloud includes certain reseller arrangements in which the timing of our consideration follows the end user consumption of the reseller services. Segment Revenues and Gross Profit Financial information by segment is as follows (in millions, except percentages): Three Months Ended July 28, 2023 Hybrid Cloud Public Cloud Consolidated Product revenues $ 590 $ — $ 590 Support revenues 611 — 611 Professional and other services revenues 77 — 77 Public cloud revenues — 154 154 Net revenues 1,278 154 1,432 Cost of product revenues 264 — 264 Cost of support revenues 47 — 47 Cost of professional and other services revenues 58 — 58 Cost of public cloud revenues — 51 51 Segment cost of revenues 369 51 420 Segment gross profit $ 909 $ 103 $ 1,012 Segment gross margin 71.1 % 66.9 % 70.7 % Unallocated cost of revenues 1 16 Total gross profit $ 996 Total gross margin 69.6 % 1 Unallocated cost of revenues are composed of $ 7 million of stock-based compensation expense and $ 9 million of amortization of intangible assets. Three Months Ended July 29, 2022 Hybrid Cloud Public Cloud Consolidated Product revenues $ 786 $ — $ 786 Support revenues 598 — 598 Professional and other services revenues 76 — 76 Public cloud revenues — 132 132 Net revenues 1,460 132 1,592 Cost of product revenues 395 — 395 Cost of support revenues 43 — 43 Cost of professional and other services revenues 52 — 52 Cost of public cloud revenues — 40 40 Segment cost of revenues 490 40 530 Segment gross profit $ 970 $ 92 $ 1,062 Segment gross margin 66.4 % 69.7 % 66.7 % Unallocated cost of revenues 1 16 Total gross profit $ 1,046 Total gross margin 65.7 % 1 Unallocated cost of revenues are composed of $ 5 million of stock-based compensation expense and $ 11 million of amortization of intangible assets. Geographical Revenues and Certain Assets Revenues summarized by geographic region are as follows (in millions): Three Months Ended July 28, July 29, United States, Canada and Latin America (Americas) $ 754 $ 827 Europe, Middle East and Africa (EMEA) 446 509 Asia Pacific (APAC) 232 256 Net revenues $ 1,432 $ 1,592 Effective in the three months ended July 28, 2023, management began evaluating revenues by geographic region based on the location to which products and services are delivered, rather than based on the location from which the customer relationship is managed. Prior period numbers have been recast to conform to the current period presentation. Americas revenues consist of sales to Americas commercial and U.S. public sector markets. Sales to customers inside the U.S. were $ 699 million and $ 772 million during the three months ended July 28, 2023 and July 29, 2022, respectively. The majority of our assets, excluding cash, cash equivalents, short-term investments and accounts receivable, were attributable to our domestic operations. The following table presents cash, cash equivalents and short-term investments held in the U.S. and internationally in various foreign subsidiaries (in millions): July 28, April 28, U.S. $ 842 $ 887 International 2,133 2,183 Total $ 2,975 $ 3,070 With the exception of property and equipment, we do not identify or allocate our long-lived assets by geographic area. The following table presents property and equipment information for geographic areas based on the physical location of the assets (in millions): July 28, April 28, U.S. $ 407 $ 413 International 234 237 Total $ 641 $ 650 Significant Customers T he following customers, each of which is a distributor, accounted for 10% or more of our net revenues: Three Months Ended July 28, July 29, Arrow Electronics, Inc. 24 % 25 % TD Synnex Corporation (previously presented as Tech Data Corporation) 21 % 21 % The following customers accounted for 10% or more of accounts receivable in at least one of the periods presented: July 28, April 28, Arrow Electronics, Inc. 10 % 15 % TD Synnex Corporation (previously presented as Tech Data Corporation) 17 % 19 %

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Jul. 28, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	15. Commitments and Contingencies Purchase Orders and Other Commitments In the ordinary course of business, we make commitments to third-party contract manufacturers and component suppliers to manage manufacturer lead times and meet product forecasts, and to other parties, to purchase various key components used in the manufacture of our products. A significant portion of our reported purchase commitments arising from these agreements consist of firm, non-cancelable, and unconditional commitments. As of July 28, 2023, we had approximately $ 0.5 billion in non-cancelable purchase commitments for inventory. We record a liability for firm, non-cancelable and unconditional purchase commitments for quantities in excess of our future demand forecasts consistent with the valuation of our excess and obsolete inventory. As of July 28, 2023 and April 28, 2023, such liability amounted to $ 18 million and $ 15 million, respectively, and is included in accrued expenses in our condensed consolidated balance sheets. To the extent that such forecasts are not achieved, our commitments and associated accruals may change. In addition to inventory commitments with contract manufacturers and component suppliers, we have open purchase orders and contractual obligations associated with our ordinary course of business for which we have not yet received goods or services. As of July 28, 2023, we had approximately $ 0.3 billion in other purchase obligations. Financing Guarantees While most of our arrangements for sales include short-term payment terms, from time to time we provide long-term financing to creditworthy customers. We have generally sold receivables financed through these arrangements on a non-recourse basis to third party financing institutions within 10 days of the contracts’ dates of execution, and we classify the proceeds from these sales as cash flows from operating activities in our condensed consolidated statements of cash flows. We account for the sales of these receivables as “true sales” as defined in the accounting standards on transfers of financial assets, as we are considered to have surrendered control of these financing receivables. Provided all other revenue recognition criteria have been met, we recognize product revenues for these arrangements, net of any payment discounts from financing transactions, upon product acceptance. We sold $ 19 million and $ 3 million of receivables during the three months ended July 28, 2023 and July 29, 2022, respectively. In addition, we enter into arrangements with leasing companies for the sale of our hardware systems products. These leasing companies, in turn, lease our products to end-users. The leasing companies generally have no recourse to us in the event of default by the end-user and we recognize revenue upon delivery to the end-user customer, if all other revenue recognition criteria have been met. Some of the leasing arrangements described above have been financed on a recourse basis through third-party financing institutions. Under the terms of recourse leases, which are generally three years or less, we remain liable for the aggregate unpaid remaining lease payments to the third-party leasing companies in the event of end-user customer default. These arrangements are generally collateralized by a security interest in the underlying assets. Where we provide a guarantee for recourse leases and collectability is probable, we account for these transactions as sales type leases. If collectability is not probable, the cash received is recorded as a deposit liability and revenue is deferred until the arrangement is deemed collectible. For leases that we are not a party to, other than providing recourse, we recognize revenue when control is transferred. As of July 28, 2023 and April 28, 2023, the aggregate amount by which such contingencies exceeded the associated liabilities was not significant. To date, we have not experienced significant losses under our lease financing programs or other financing arrangements. We have entered into service contracts with certain of our end-user customers that are supported by third-party financing arrangements. If a service contract is terminated as a result of our non-performance under the contract or our failure to comply with the terms of the financing arrangement, we could, under certain circumstances, be required to acquire certain assets related to the service contract or to pay the aggregate unpaid financing payments under such arrangements. As of July 28, 2023, we have not been required to make any payments under these arrangements, and we believe the likelihood of having to acquire a material amount of assets or make payments under these arrangements is remote. The portion of the financial arrangement that represents unearned services revenue is included in deferred revenue and financed unearned services revenue in our condensed consolidated balance sheets . Legal Contingencies When a loss is considered probable and reasonably estimable, we record a liability in the amount of our best estimate for the ultimate loss. However, the likelihood of a loss with respect to a particular contingency is often difficult to predict and determining a meaningful estimate of the loss or a range of loss may not be practicable based on the information available and the potential effect of future events and decisions by third parties that will determine the ultimate resolution of the contingency. We are subject to various legal proceedings and claims that arise in the normal course of business. We may, from time to time, receive claims that we are infringing third parties’ intellectual property rights, including claims for alleged patent infringement brought by non-practicing entities. We are currently involved in patent litigations brought by non-practicing entities and other third parties. We believe we have strong arguments that our products do not infringe and/or the asserted patents are invalid, and we intend to vigorously defend against the plaintiffs’ claims. However, there is no guarantee that we will prevail at trial and if a jury were to find that our products infringe, we could be required to pay significant monetary damages, and may cause product shipment delays or stoppages, require us to redesign our products, or require us to enter into royalty or licensing agreements. Although management at present believes that the ultimate outcome of these proceedings, individually and in the aggregate, will not materially harm our financial position, results of operations, cash flows, or overall trends, legal proceedings are subject to inherent uncertainties, and unfavorable rulings or other events could occur. Unfavorable resolutions could include significant monetary damages. In addition, in matters for which injunctive relief or other conduct remedies are sought, unfavorable resolutions could include an injunction or other order prohibiting us from selling one or more products at all or in particular ways or requiring other remedies. An unfavorable outcome may result in a material adverse impact on our business, results of operations, financial position, cash flows and overall trends . No material accrual has been recorded as of July 28, 2023 related to such matters.

Description of Business and S_2

Description of Business and Significant Accounting Policies (Policies)	3 Months Ended
	Jul. 28, 2023
Accounting Policies [Abstract]
Basis of Presentation and Preparation	Basis of Presentation and Preparation Our fiscal year is reported on a 52- or 53-week year ending on the last Friday in April. An additional week is included in the first fiscal quarter approximately every six years to realign fiscal months with calendar months. Fiscal years 2024 and 2023, ending on April 26, 2024 and April 28, 2023, respectively, are each 52-week years, with 13 weeks in each quarter. The accompanying unaudited condensed consolidated financial statements have been prepared by the Company, and reflect all adjustments, consisting only of normal recurring adjustments, that are, in the opinion of management, necessary for the fair presentation of our financial position, results of operations, comprehensive income, cash flows and stockholders’ equity for the interim periods presented. The statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information. Accordingly, these statements do not include all information and footnotes required by GAAP for annual consolidated financial statements, and should be read in conjunction with our audited consolidated financial statements as of and for the fiscal year ended April 28, 2023 contained in our Annual Report on Form 10-K. The results of operations for the three months ended July 28, 2023 are not necessarily indicative of the operating results to be expected for the full fiscal year or future operating periods. The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Such estimates include, but are not limited to, revenue recognition, reserves and allowances; inventory valuation; valuation of goodwill and intangibles; restructuring reserves; employee benefit accruals; stock-based compensation; loss contingencies; investment impairments; income taxes and fair value measurements. Actual results could differ materially from those estimates, the anticipated effects of which have been incorporated, as applicable, into management's estimates as of July 28, 2023.

Business Combinations (Tables)

Business Combinations (Tables) - Instaclustr Inc. Acquisition [Member]	3 Months Ended
	Jul. 28, 2023
Business Acquisition [Line Items]
Summary of Acquisition Date Fair Values of Assets Acquired and Liabilities Assumed	The acquisition-date values of the assets acquired and liabilities assumed are as follows (in millions): Amount Cash $ 4 Intangible assets 107 Goodwill 413 Other assets 19 Total assets acquired 543 Liabilities assumed ( 45 ) Total purchase price $ 498
Schedule of Components of Intangible Assets Acquired	The components of the intangible assets acquired were as follows (in millions, except useful life): Amount Estimated useful life Developed technology $ 55 5 Customer contracts/relationships 50 5 Trade name 2 3 Total intangible assets $ 107

Goodwill and Purchased Intang_2

Goodwill and Purchased Intangible Assets, Net (Tables)	3 Months Ended
	Jul. 28, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill by reportable segment	Goodwill by reportable segment as of July 28, 2023 is as follows (in millions): Amount Hybrid Cloud $ 1,714 Public Cloud 1,045 Total goodwill $ 2,759
Purchased Intangible Assets, Net	Purchased intangible assets, net are summarized below (in millions): July 28, April 28, Gross Accumulated Net Gross Accumulated Net Assets Amortization Assets Assets Amortization Assets Developed technology $ 179 $ ( 83 ) $ 96 $ 212 $ ( 107 ) $ 105 Customer contracts/relationships 114 ( 45 ) 69 118 ( 44 ) 74 Other purchased intangibles 6 ( 5 ) 1 6 ( 4 ) 2 Total purchased intangible assets $ 299 $ ( 133 ) $ 166 $ 336 $ ( 155 ) $ 181
Amortization Expense for Purchased Intangible Assets	Amortization expense for purchased intangible assets is summarized below (in millions): Three Months Ended Statements of July 28, July 29, Income Developed technology $ 9 $ 10 Cost of revenues Customer contracts/relationships 5 6 Operating expenses Other purchased intangibles 1 1 Operating expenses Total $ 15 $ 17
Future Amortization Expense Related to Purchased Intangible Assets	As of July 28, 2023, future amortization expense related to purchased intangible assets is as follows (in millions): Fiscal Year Amount 2024 (remainder) $ 42 2025 55 2026 39 2027 29 2028 1 Total $ 166

Supplemental Financial Inform_2

Supplemental Financial Information (Tables)	3 Months Ended
	Jul. 28, 2023
Supplemental Financial Information [Abstract]
Cash, Cash Equivalents and Restricted Cash	The following table presents cash and cash equivalents as reported in our condensed consolidated balance sheets, as well as the sum of cash, cash equivalents and restricted cash as reported on our condensed consolidated statements of cash flows: July 28, April 28, Cash and cash equivalents $ 2,020 $ 2,316 Restricted cash 6 6 Cash, cash equivalents and restricted cash $ 2,026 $ 2,322
Inventories	Inventories (in millions): July 28, April 28, Purchased components $ 69 $ 65 Finished goods 62 102 Inventories $ 131 $ 167
Property and Equipment, Net	Property and equipment, net (in millions): July 28, April 28, Land $ 46 $ 46 Buildings and improvements 361 359 Leasehold improvements 82 91 Computer, production, engineering and other equipment 1,070 1,053 Computer software 329 325 Furniture and fixtures 78 84 Construction-in-progress 67 55 2,033 2,013 Accumulated depreciation and amortization ( 1,392 ) ( 1,363 ) Property and equipment, net $ 641 $ 650
Other Non-Current Assets	Other non-current assets (in millions): July 28, April 28, Deferred tax assets $ 954 $ 948 Operating lease ROU assets 270 281 Other assets 320 319 Other non-current assets $ 1,544 $ 1,548
Accrued Expenses	Accrued expenses (in millions): July 28, April 28, Accrued compensation and benefits $ 314 $ 363 Product warranty liabilities 18 17 Operating lease liabilities 44 47 Other current liabilities 402 430 Accrued expenses $ 778 $ 857
Other Long-term Liabilities	Other long-term liabilities (in millions): July 28, April 28, Liability for uncertain tax positions $ 145 $ 144 Income taxes payable 215 215 Product warranty liabilities 9 8 Operating lease liabilities 238 248 Other liabilities 96 93 Other long-term liabilities $ 703 $ 708
Deferred Revenue and Financed Unearned Services Revenue	The following table summarizes the components of our deferred revenue and financed unearned services revenue balance as reported in our condensed consolidated balance sheets (in millions): July 28, April 28, Deferred product revenue $ 21 $ 18 Deferred services revenue 4,119 4,247 Financed unearned services revenue 42 48 Total $ 4,182 $ 4,313 Reported as: Short-term $ 2,127 $ 2,218 Long-term 2,055 2,095 Total $ 4,182 $ 4,313
Summary of Activity Related to Deferred Commissions and their Balances in Condensed Consolidated Balance Sheet	The following table summarizes deferred commissions balances as reported in our condensed consolidated balance sheets (in millions): July 28, April 28, Other current assets $ 65 $ 64 Other non-current assets 96 99 Total deferred commissions $ 161 $ 163
Other income, net	Other income, net (in millions): Three Months Ended July 28, July 29, Interest income $ 28 $ 7 Interest expense ( 16 ) ( 18 ) Other, net ( 4 ) 26 Total other income, net $ 8 $ 15
Statements of Cash Flows Additional Information	Supplemental cash flow information related to our operating leases is included in Note 8 ─ Leases. Non-cash investing and financing activities and other supplemental cash flow information are presented below: Three Months Ended July 28, July 29, Non-cash Investing and Financing Activities: Capital expenditures incurred but not paid $ 21 $ 20 Liabilities incurred to former owners of acquired business $ — $ 3 Supplemental Cash Flow Information: Income taxes paid, net of refunds $ 9 $ 12 Interest paid $ 23 $ 27

Financial Instruments and Fai_2

Financial Instruments and Fair Value Measurements (Tables)	3 Months Ended
	Jul. 28, 2023
Investments, Debt and Equity Securities [Abstract]
Summary of Investments at Cost or Amortized Cost	The following is a summary of our investments at their cost or amortized cost as of July 28, 2023 and April 28, 2023 (in millions): July 28, April 28, U.S. Treasury and government debt securities 1,005 754 Money market funds 436 794 Certificates of deposit 54 59 Mutual funds 39 36 Total debt and equity securities $ 1,534 $ 1,643
Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table summarizes our financial assets and liabilities measured at fair value on a recurring basis (in millions): July 28, 2023 Fair Value Measurements at Reporting Date Using Total Level 1 Level 2 Cash and cash equivalents: Cash $ 1,480 $ 1,480 $ — Money market funds 436 436 — Certificates of deposit 54 — 54 U.S. Treasury and government debt securities 50 50 — Total cash and cash equivalents 2,020 1,966 54 Short-term investments: U.S. Treasury and government debt securities 955 955 — Total short-term investments 955 955 — Total cash, cash equivalents and short-term investments $ 2,975 $ 2,921 $ 54 Other items: Mutual funds (1) $ 8 $ 8 $ — Mutual funds (2) $ 31 $ 31 $ — Foreign currency exchange contracts assets (1) $ 11 $ — $ 11 Foreign currency exchange contracts liabilities (3) $ ( 1 ) $ — $ ( 1 ) April 28, 2023 Fair Value Measurements at Reporting Date Using Total Level 1 Level 2 Cash and cash equivalents: Cash $ 1,463 $ 1,463 $ — Money market funds 794 794 — Certificates of deposit 59 — 59 Total cash and cash equivalents 2,316 2,257 59 Short-term investments: U.S. Treasury and government debt securities 754 754 — Total short-term investments 754 754 — Total cash, cash equivalents and short-term investments $ 3,070 $ 3,011 $ 59 Other items: Mutual funds (1) $ 7 $ 7 $ — Mutual funds (2) $ 29 $ 29 $ — Foreign currency exchange contracts assets (1) $ 13 $ — $ 13 Foreign currency exchange contracts liabilities (3) $ ( 4 ) $ — $ ( 4 ) (1) Reported as other current assets in the condensed consolidated balance sheets (2) Reported as other non-current assets in the condensed consolidated balance sheets (3) Reported as accrued expenses in the condensed consolidated balance sheets

Financing Arrangements (Tables)

Financing Arrangements (Tables)	3 Months Ended
	Jul. 28, 2023
Debt Disclosure [Abstract]
Carrying Value of Long-Term Debt	The following table summarizes information relating to our long-term debt, which we collectively refer to as our Senior Notes (in millions, except interest rates): Effective Interest Rate July 28, April 28, 3.30% Senior Notes Due September 2024 3.42 % 400 400 1.875% Senior Notes Due June 2025 2.03 % 750 750 2.375% Senior Notes Due June 2027 2.51 % 550 550 2.70% Senior Notes Due June 2030 2.81 % 700 700 Total principal amount 2,400 2,400 Unamortized discount and issuance costs ( 10 ) ( 11 ) Total long-term debt $ 2,390 $ 2,389
Future Principal Debt Maturities	As of July 28, 2023, our aggregate future principal debt maturities are as follows (in millions): Fiscal Year Amount 2024 (remainder) $ — 2025 400 2026 750 2027 — 2028 550 Thereafter 700 Total $ 2,400

Leases (Tables)

Leases (Tables)	3 Months Ended
	Jul. 28, 2023
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): Three Months Ended July 28, July 29, Operating lease cost $ 14 $ 15 Variable lease cost 4 4 Total lease cost $ 18 $ 19
Supplemental Cash Flow Information Related to Operating Leases	The supplemental cash flow information related to our operating leases is as follows (in millions): Three Months Ended July 28, July 29, Cash paid for amounts included in the measurement of operating lease liabilities $ 14 $ 14 Right-of-use assets obtained in exchange for new operating lease obligations $ 9 $ 38
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): July 28, April 28, Other non-current assets $ 270 $ 281 Total operating lease ROU assets $ 270 $ 281 Accrued expenses $ 44 $ 47 Other long-term liabilities 238 248 Total operating lease liabilities $ 282 $ 295 Weighted Average Remaining Lease Term 9.6 years 9.4 years Weighted Average Discount Rate 3.0 % 3.0 %
Future Minimum Operating Lease Payments	Future minimum operating lease payments as of July 28, 2023, are as follows (in millions): Fiscal Year Amount 2024 (remainder) $ 38 2025 42 2026 36 2027 32 2028 28 Thereafter 152 Total lease payments 328 Less: Interest ( 46 ) Total $ 282

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Jul. 28, 2023
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 28, July 29, Cost of product revenues $ 1 $ 1 Cost of services revenues 6 4 Sales and marketing 36 28 Research and development 32 24 General and administrative 12 10 Total stock-based compensation expense $ 87 $ 67
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 28, 2023 (in millions, except for per share amounts): Number of shares repurchased 5 Average price per share $ 74.14 Stock repurchases allocated to additional paid-in capital $ 24 Stock repurchases allocated to retained earnings $ 376 Remaining authorization at end of period $ 1,002
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 28, July 29, Dividends per share declared $ 0.50 $ 0.50 Dividend payments allocated to additional paid-in capital $ 68 $ 106 Dividend payments allocated to retained earnings $ 38 $ 4
Accumulated Other Comprehensive Income (Loss) by Component Net of Tax	Changes in accumulated other comprehensive income (loss) (AOCI) by component, net of tax, are summarized below (in millions): Foreign Defined Unrealized Total Balance as of April 28, 2023 $ ( 48 ) $ ( 3 ) $ — $ ( 51 ) Other comprehensive gain, net of tax 2 — 2 4 Amounts reclassified from AOCI, net of tax — — ( 1 ) ( 1 ) Total other comprehensive income 2 — 1 3 Balance as of July 28, 2023 $ ( 46 ) $ ( 3 ) $ 1 $ ( 48 )
Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss)	The amounts reclassified out of AOCI are as follows (in millions): Three Months Ended July 28, July 29, Statements of Realized gains on cash flow hedges $ ( 1 ) $ ( 1 ) Net revenues Total reclassifications $ ( 1 ) $ ( 1 )

Derivatives and Hedging Activ_2

Derivatives and Hedging Activities (Tables)	3 Months Ended
	Jul. 28, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Notional Value of Outstanding Foreign Currency Exchange Forward Contracts	The notional amount of our outstanding U.S. dollar equivalent foreign currency exchange forward contracts consisted of the following (in millions): July 28, April 28, Cash Flow Hedges Forward contracts purchased $ 108 $ 95 Balance Sheet Contracts Forward contracts sold $ 885 $ 965 Forward contracts purchased $ 184 $ 96
Schedule of Derivative Instruments Not Designated as Hedging Instruments	The effect of derivative instruments not designated as hedging instruments recognized in other income, net on our condensed consolidated statements of income was as follows (in millions): Three Months Ended July 28, July 29, Foreign currency exchange contracts $ ( 4 ) $ ( 21 )

Restructuring Charges (Tables)

Restructuring Charges (Tables)	3 Months Ended
	Jul. 28, 2023
Restructuring and Related Activities [Abstract]
Activities Related to Restructuring Reserves	Activities related to our restructuring plans are summarized as follows (in millions): Three Months Ended July 28, July 29, Balance at beginning of period $ 36 $ 1 Net charges 26 11 Cash payments ( 31 ) ( 3 ) Balance at end of period $ 31 $ 9

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Jul. 28, 2023
Income Tax Disclosure [Abstract]
Effective Tax Rates	Our effective tax rates for the periods presented were as follows: Three Months Ended July 28, July 29, Effective tax rates 19.9 % 20.7 %

Net Income per Share (Tables)

Net Income per Share (Tables)	3 Months Ended
	Jul. 28, 2023
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 28, July 29, Numerator: Net income $ 149 $ 214 Denominator: Shares used in basic computation 212 220 Dilutive impact of employee equity award plans 4 4 Shares used in diluted computation 216 224 Net Income per Share: Basic $ 0.70 $ 0.97 Diluted $ 0.69 $ 0.96

Segment, Geographic, and Sign_2

Segment, Geographic, and Significant Customer Information (Tables)	3 Months Ended
	Jul. 28, 2023
Segment Reporting [Abstract]
Schedule of Financial Information by Segment	Financial information by segment is as follows (in millions, except percentages): Three Months Ended July 28, 2023 Hybrid Cloud Public Cloud Consolidated Product revenues $ 590 $ — $ 590 Support revenues 611 — 611 Professional and other services revenues 77 — 77 Public cloud revenues — 154 154 Net revenues 1,278 154 1,432 Cost of product revenues 264 — 264 Cost of support revenues 47 — 47 Cost of professional and other services revenues 58 — 58 Cost of public cloud revenues — 51 51 Segment cost of revenues 369 51 420 Segment gross profit $ 909 $ 103 $ 1,012 Segment gross margin 71.1 % 66.9 % 70.7 % Unallocated cost of revenues 1 16 Total gross profit $ 996 Total gross margin 69.6 % 1 Unallocated cost of revenues are composed of $ 7 million of stock-based compensation expense and $ 9 million of amortization of intangible assets. Three Months Ended July 29, 2022 Hybrid Cloud Public Cloud Consolidated Product revenues $ 786 $ — $ 786 Support revenues 598 — 598 Professional and other services revenues 76 — 76 Public cloud revenues — 132 132 Net revenues 1,460 132 1,592 Cost of product revenues 395 — 395 Cost of support revenues 43 — 43 Cost of professional and other services revenues 52 — 52 Cost of public cloud revenues — 40 40 Segment cost of revenues 490 40 530 Segment gross profit $ 970 $ 92 $ 1,062 Segment gross margin 66.4 % 69.7 % 66.7 % Unallocated cost of revenues 1 16 Total gross profit $ 1,046 Total gross margin 65.7 % 1 Unallocated cost of revenues are composed of $ 5 million of stock-based compensation expense and $ 11 million of amortization of intangible assets.
Schedule of Revenues by Geographic Region	Revenues summarized by geographic region are as follows (in millions): Three Months Ended July 28, July 29, United States, Canada and Latin America (Americas) $ 754 $ 827 Europe, Middle East and Africa (EMEA) 446 509 Asia Pacific (APAC) 232 256 Net revenues $ 1,432 $ 1,592 Effective in the three months ended July 28, 2023, management began evaluating revenues by geographic region based on the location to which products and services are delivered, rather than based on the location from which the customer relationship is managed. Prior period numbers have been recast to conform to the current period presentation.
Schedule of Cash, Cash Equivalents and Short-Term Investments	The following table presents cash, cash equivalents and short-term investments held in the U.S. and internationally in various foreign subsidiaries (in millions): July 28, April 28, U.S. $ 842 $ 887 International 2,133 2,183 Total $ 2,975 $ 3,070
Schedule of Property and Equipment, Net by Geographic Areas	The following table presents property and equipment information for geographic areas based on the physical location of the assets (in millions): July 28, April 28, U.S. $ 407 $ 413 International 234 237 Total $ 641 $ 650
Schedule of Revenues from Significant Customers	he following customers, each of which is a distributor, accounted for 10% or more of our net revenues: Three Months Ended July 28, July 29, Arrow Electronics, Inc. 24 % 25 % TD Synnex Corporation (previously presented as Tech Data Corporation) 21 % 21 %
Schedule of Net Accounts Receivable from Significant Customers	The following customers accounted for 10% or more of accounts receivable in at least one of the periods presented: July 28, April 28, Arrow Electronics, Inc. 10 % 15 % TD Synnex Corporation (previously presented as Tech Data Corporation) 17 % 19 %

Description of Business and S_3

Description of Business and Significant Accounting Policies - Additional Information (Detail)	3 Months Ended
	Jul. 28, 2023 Segment
Accounting Policies [Abstract]
Number of operating segments	2

Business Combinations - Additio

Business Combinations - Additional Information (Detail) $ in Millions	May 20, 2022 USD ($)
Instaclustr Inc. Acquisition [Member]
Business Acquisition [Line Items]
Business acquisition cash paid	$ 498

Business Combinations - Summary

Business Combinations - Summary of Acquisition Date Fair Values of Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023	May 20, 2022
Business Acquisition [Line Items]
Goodwill	$ 2,759	$ 2,759
Instaclustr Inc. Acquisition [Member]
Business Acquisition [Line Items]
Cash			$ 4
Intangible assets			107
Goodwill			413
Other assets			19
Total assets acquired			543
Liabilities assumed			(45)
Total purchase price			498
Instaclustr Inc. Acquisition [Member] | Developed Technology
Business Acquisition [Line Items]
Intangible assets			55
Instaclustr Inc. Acquisition [Member] | Customer Contracts/Relationships
Business Acquisition [Line Items]
Intangible assets			$ 50

Business Combinations - Schedul

Business Combinations - Schedule of Components of Intangible Assets Acquired (Detail) - Instaclustr Inc. Acquisition [Member] $ in Millions	May 20, 2022 USD ($)
Business Acquisition [Line Items]
Intangible assets	$ 107
Developed Technology
Business Acquisition [Line Items]
Intangible assets	$ 55
Estimated useful life (years)	5 years
Customer Contracts/Relationships
Business Acquisition [Line Items]
Intangible assets	$ 50
Estimated useful life (years)	5 years
Trade Name
Business Acquisition [Line Items]
Intangible assets	$ 2
Estimated useful life (years)	3 years

Goodwill and Purchased Intang_3

Goodwill and Purchased Intangible Assets, Net - Additional Information (Detail) $ in Millions	3 Months Ended
	Jul. 28, 2023 USD ($)
Finite-Lived Intangible Assets [Line Items]
Retirement of Amortized Assets	$ 37

Goodwill and Purchased Intang_4

Goodwill and Purchased Intangible Assets, Net - Summary of Goodwill by Reportable Segment (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023
Goodwill [Line Items]
Total goodwill	$ 2,759	$ 2,759
Public Cloud
Goodwill [Line Items]
Total goodwill	1,045
Hybrid Cloud
Goodwill [Line Items]
Total goodwill	$ 1,714

Goodwill and Purchased Intang_5

Goodwill and Purchased Intangible Assets, Net - Purchased Intangible Assets, Net (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023
Acquired Finite Lived Intangible Assets [Line Items]
Gross Assets	$ 299	$ 336
Accumulated Amortization	(133)	(155)
Net Assets	166	181
Developed Technology
Acquired Finite Lived Intangible Assets [Line Items]
Gross Assets	179	212
Accumulated Amortization	(83)	(107)
Net Assets	96	105
Customer Contracts/Relationships
Acquired Finite Lived Intangible Assets [Line Items]
Gross Assets	114	118
Accumulated Amortization	(45)	(44)
Net Assets	69	74
Other Purchased Intangibles
Acquired Finite Lived Intangible Assets [Line Items]
Gross Assets	6	6
Accumulated Amortization	(5)	(4)
Net Assets	$ 1	$ 2

Goodwill and Purchased Intang_6

Goodwill and Purchased Intangible Assets, Net - Amortization Expense for Purchased Intangible Assets (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Acquired Finite Lived Intangible Assets [Line Items]
Amortization expense	$ 15	$ 17
Cost of revenues | Developed Technology
Acquired Finite Lived Intangible Assets [Line Items]
Amortization expense	9	10
Operating expenses | Customer Contracts/Relationships
Acquired Finite Lived Intangible Assets [Line Items]
Amortization expense	5	6
Operating expenses | Other Purchased Intangibles
Acquired Finite Lived Intangible Assets [Line Items]
Amortization expense	$ 1	$ 1

Goodwill and Purchased Intang_7

Goodwill and Purchased Intangible Assets, Net - Future Amortization Expense Related to Purchased Intangible Assets (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023
Acquired Finite Lived Intangible Assets [Line Items]
2024 (remainder)	$ 42
2025	55
2026	39
2027	29
2028	1
Net Assets	$ 166	$ 181

Supplemental Financial Inform_3

Supplemental Financial Information - Cash, Cash Equivalents and Restricted Cash (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 29, 2023	Apr. 28, 2023	Jul. 29, 2022	Apr. 29, 2022
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents [Abstract]
Cash and cash equivalents	$ 2,020		$ 2,316
Restricted cash	6		6
Cash, cash equivalents and restricted cash	$ 2,026	$ 2,322	$ 2,322	$ 3,295	$ 4,119

Supplemental Financial Inform_4

Supplemental Financial Information - Inventories (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023
Inventory Disclosure [Abstract]
Purchased components	$ 69	$ 65
Finished goods	62	102
Inventories	$ 131	$ 167

Supplemental Financial Inform_5

Supplemental Financial Information - Property and Equipment Net (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023
Property Plant And Equipment [Line Items]
Property and equipment, gross	$ 2,033	$ 2,013
Accumulated depreciation and amortization	(1,392)	(1,363)
Property and equipment, net	641	650
Land
Property Plant And Equipment [Line Items]
Property and equipment, gross	46	46
Buildings and improvements
Property Plant And Equipment [Line Items]
Property and equipment, gross	361	359
Leasehold Improvements
Property Plant And Equipment [Line Items]
Property and equipment, gross	82	91
Computer, production, engineering and other equipment
Property Plant And Equipment [Line Items]
Property and equipment, gross	1,070	1,053
Computer software
Property Plant And Equipment [Line Items]
Property and equipment, gross	329	325
Furniture and fixtures
Property Plant And Equipment [Line Items]
Property and equipment, gross	78	84
Construction-in-progress
Property Plant And Equipment [Line Items]
Property and equipment, gross	$ 67	$ 55

Supplemental Financial Inform_6

Supplemental Financial Information - Other Non-Current Assets (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023	Jul. 29, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred tax assets	$ 954	$ 948
Operating lease ROU assets	270	281	$ 281
Other assets	320	319
Other non-current assets	$ 1,544	$ 1,548

Supplemental Financial Inform_7

Supplemental Financial Information - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022	Apr. 28, 2023
Property Plant And Equipment [Line Items]
Revenue recognized	$ 658	$ 706
Gain recognized on sale of minority equity interest	32
Proceeds from sale of minority equity interest	$ 59
Lenovo NetApp Technology Limited (“LNTL”)
Property Plant And Equipment [Line Items]
Non-controlling equity interest, ownership percentage	49%
Other non current assets	$ 82		$ 80

Supplemental Financial Inform_8

Supplemental Financial Information - Accrued expenses (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023	Jul. 29, 2022
Payables and Accruals [Abstract]
Accrued compensation and benefits	$ 314	$ 363
Product warranty liabilities	18	17
Operating lease liabilities	44	47	$ 47
Other current liabilities	402	430
Accrued expenses	$ 778	$ 857

Supplemental Financial Inform_9

Supplemental Financial Information - Other Long-term Liabilities (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023	Jul. 29, 2022
Liabilities, Other than Long-Term Debt, Noncurrent [Abstract]
Liability for uncertain tax positions	$ 145	$ 144
Income taxes payable	215	215
Product warranty liabilities	9	8
Operating lease liabilities	238	248	$ 248
Other liabilities	96	93
Other long-term liabilities	$ 703	$ 708

Supplemental Financial Infor_10

Supplemental Financial Information - Summary of Components of Deferred Revenue and Financed Unearned Services Revenue (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023
Contract With Customer Liability [Line Items]
Deferred revenue and financed unearned services revenue	$ 4,182	$ 4,313
Short-term	2,127	2,218
Long-term	2,055	2,095
Deferred product revenue
Contract With Customer Liability [Line Items]
Deferred revenue and financed unearned services revenue	21	18
Deferred services revenue
Contract With Customer Liability [Line Items]
Deferred revenue and financed unearned services revenue	4,119	4,247
Financed unearned services revenue
Contract With Customer Liability [Line Items]
Deferred revenue and financed unearned services revenue	$ 42	$ 48

Supplemental Financial Infor_11

Supplemental Financial Information (Additional Information) (Details 1)	Jul. 28, 2023
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-29
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue expected to be recognized	24%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-07-27
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue expected to be recognized	51%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months

Supplemental Financial Infor_12

Supplemental Financial Information - Summary of Activity Related to the Balances in Condensed Consolidated Balance Sheets (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023
Deferred Revenue Disclosure [Abstract]
Other current assets	$ 65	$ 64
Other non-current assets	96	99
Total deferred commissions	$ 161	$ 163

Supplemental Financial Infor_13

Supplemental Financial Information - Other Income (expense), Net (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Nonoperating Income (Expense) [Abstract]
Interest income	$ 28	$ 7
Interest expense	(16)	(18)
Other, net	(4)	26
Total other income, net	$ 8	$ 15

Supplemental Financial Infor_14

Supplemental Financial Information - Supplemental Cash Flows, Non-Cash Investing Activities (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Non-cash Investing Activities:
Capital expenditures incurred but not paid	$ 21	$ 20
Liabilities incurred to former owners of acquired business	0	3
Supplemental Cash Flow Information:
Income taxes paid, net of refunds	9	12
Interest paid	$ 23	$ 27

Financial Instruments and Fai_3

Financial Instruments and Fair Value Measurements - Summary of Investments at Cost or Amortized Cost (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023
Schedule of Available-for-sale Securities [Line Items]
Cost or amortized cost	$ 1,534	$ 1,643
U.S. Treasury and Government Debt Securities
Schedule of Available-for-sale Securities [Line Items]
Cost or amortized cost	1,005	754
Certificates of Deposit
Schedule of Available-for-sale Securities [Line Items]
Cost or amortized cost	54	59
Mutual Funds
Schedule of Available-for-sale Securities [Line Items]
Cost or amortized cost	39	36
Money Market Funds [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost or amortized cost	$ 436	$ 794

Financial Instruments and Fai_4

Financial Instruments and Fair Value Measurements - Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($)		Jul. 28, 2023	Apr. 28, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		$ 2,975,000,000	$ 3,070,000,000
Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		2,020,000,000	2,316,000,000
Short Term Investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		955,000,000	754,000,000
Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency exchange contracts assets	[1]	11,000,000	13,000,000
Accrued Expenses
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency exchange contracts liabilities	[2]	(1,000,000)	(4,000,000)
U.S. Treasury and Government Debt Securities | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		50,000,000
U.S. Treasury and Government Debt Securities | Short Term Investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		955,000,000	754,000,000
Certificates of Deposit | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		54,000,000	59,000,000
Mutual Funds | Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	[1]	8,000,000	7,000,000
Mutual Funds | Other Noncurrent Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	[3]	31,000,000	29,000,000
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		2,921,000,000	3,011,000,000
Fair Value, Inputs, Level 1 [Member] | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		1,966,000,000	2,257,000,000
Fair Value, Inputs, Level 1 [Member] | Short Term Investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		955,000,000	754,000,000
Fair Value, Inputs, Level 1 [Member] | Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency exchange contracts assets	[1]	0	0
Fair Value, Inputs, Level 1 [Member] | Accrued Expenses
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency exchange contracts liabilities	[2]	0	0
Fair Value, Inputs, Level 1 [Member] | U.S. Treasury and Government Debt Securities | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		50
Fair Value, Inputs, Level 1 [Member] | U.S. Treasury and Government Debt Securities | Short Term Investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		955,000,000	754,000,000
Fair Value, Inputs, Level 1 [Member] | Certificates of Deposit | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		0	0
Fair Value, Inputs, Level 1 [Member] | Mutual Funds | Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	[1]	8,000,000	7,000,000
Fair Value, Inputs, Level 1 [Member] | Mutual Funds | Other Noncurrent Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	[3]	31,000,000	29,000,000
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		54,000,000	59,000,000
Fair Value, Inputs, Level 2 [Member] | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		54,000,000	59,000,000
Fair Value, Inputs, Level 2 [Member] | Short Term Investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		0	0
Fair Value, Inputs, Level 2 [Member] | Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency exchange contracts assets	[1]	11,000,000	13,000,000
Fair Value, Inputs, Level 2 [Member] | Accrued Expenses
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency exchange contracts liabilities	[2]	(1,000,000)	(4,000,000)
Fair Value, Inputs, Level 2 [Member] | U.S. Treasury and Government Debt Securities | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		0
Fair Value, Inputs, Level 2 [Member] | U.S. Treasury and Government Debt Securities | Short Term Investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		0	0
Fair Value, Inputs, Level 2 [Member] | Certificates of Deposit | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		54,000,000	59,000,000
Fair Value, Inputs, Level 2 [Member] | Mutual Funds | Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	[1]	0	0
Fair Value, Inputs, Level 2 [Member] | Mutual Funds | Other Noncurrent Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	[3]	0	0
Cash | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		1,480,000,000	1,463,000,000
Cash | Fair Value, Inputs, Level 1 [Member] | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		1,480,000,000	1,463,000,000
Cash | Fair Value, Inputs, Level 2 [Member] | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		0	0
Money Market Funds [Member] | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		436,000,000	794,000,000
Money Market Funds [Member] | Fair Value, Inputs, Level 1 [Member] | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		436,000,000	794,000,000
Money Market Funds [Member] | Fair Value, Inputs, Level 2 [Member] | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets		$ 0	$ 0
[1] Reported as other current assets in the condensed consolidated balance sheets Reported as accrued expenses in the condensed consolidated balance sheets Reported as other non-current assets in the condensed consolidated balance sheets

Financial Instruments and Fai_5

Financial Instruments and Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Instrument, Fair Value Disclosure	$ 2,185	$ 2,206

Financing Arrangements - Carryi

Financing Arrangements - Carrying Value of Long-Term Debt (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023	Jun. 30, 2020	Sep. 30, 2017
Debt Instrument [Line Items]
Total long-term debt	$ 2,390	$ 2,389
Senior Notes
Debt Instrument [Line Items]
Total principal amount	2,400	2,400
Unamortized discount and issuance costs	(10)	(11)
Senior Notes | Due September 2024
Debt Instrument [Line Items]
Total principal amount	$ 400	$ 400		$ 400
Debt Instrument, Effective Interest Rate	3.42%	3.42%
Senior Notes | Due June 2025
Debt Instrument [Line Items]
Total principal amount	$ 750	$ 750	$ 750
Debt Instrument, Effective Interest Rate	2.03%	2.03%
Senior Notes | Due June 2027
Debt Instrument [Line Items]
Total principal amount	$ 550	$ 550	550
Debt Instrument, Effective Interest Rate	2.51%	2.51%
Senior Notes | Due June 2030
Debt Instrument [Line Items]
Total principal amount	$ 700	$ 700	$ 700
Debt Instrument, Effective Interest Rate	2.81%	2.81%

Financing Arrangements - Additi

Financing Arrangements - Additional Information (Detail) $ in Millions		1 Months Ended	3 Months Ended
	May 01, 2023 USD ($) Extension	Jul. 28, 2017 USD ($)	Jul. 28, 2023 USD ($)	Apr. 28, 2023 USD ($)	Jun. 30, 2020 USD ($)	Sep. 30, 2017 USD ($)
Debt Instrument [Line Items]
Commercial paper notes			$ 0	$ 0
Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility, amount	$ 1,000
Credit facility, maturity	Jan. 22, 2026
Credit facility, number of extensions | Extension	2
Credit facility, extensions period	1 year
Credit facility, amounts drawn			0
Revolving Credit Facility | Letter Of Credit Sub Facility
Debt Instrument [Line Items]
Credit facility, amount	$ 50
Commercial Paper | Maximum
Debt Instrument [Line Items]
Notes issued, principal amount		$ 1,000
Debt instrument maturity period		397 days
Senior Notes
Debt Instrument [Line Items]
Notes issued, principal amount			2,400	2,400
Senior Notes | Due September 2024
Debt Instrument [Line Items]
Notes issued, principal amount			400	400		$ 400
Notes issued, interest rate						3.30%
Senior Notes | Due June 2025
Debt Instrument [Line Items]
Notes issued, principal amount			750	750	$ 750
Notes issued, interest rate					1.875%
Senior Notes | Due June 2027
Debt Instrument [Line Items]
Notes issued, principal amount			550	550	$ 550
Notes issued, interest rate					2.375%
Senior Notes | Due June 2030
Debt Instrument [Line Items]
Notes issued, principal amount			$ 700	$ 700	$ 700
Notes issued, interest rate					2.70%

Financing Arrangements - Future

Financing Arrangements - Future Principal Debt Maturities (Detail) - Senior Notes - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023
Debt Instrument [Line Items]
2024 (remainder)	$ 0
2025	400
2026	750
2027	0
2028	0
Thereafter	0
Total	$ 2,400	$ 2,400

Leases - Additional Information

Leases - Additional Information (Detail) - Maximum	Jul. 28, 2023
Leases [Line Items]
Operating remaining lease term	19 years
Equipment
Leases [Line Items]
Operating remaining lease term	4 years
Automobiles
Leases [Line Items]
Operating remaining lease term	4 years

Leases - Components of Lease Co

Leases - Components of Lease Cost Related to Operating Leases (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Leases [Abstract]
Operating lease cost	$ 14	$ 15
Variable lease cost	4	4
Total lease cost	$ 18	$ 19

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information Related to Operating Leases (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Leases [Abstract]
Cash paid for amounts included in the measurement of operating lease liabilities	$ 14	$ 14
Right-of-use assets obtained in exchange for new operating lease obligations	$ 9	$ 38

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet Information Related to Operating Leases (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023	Jul. 29, 2022
Leases [Abstract]
Other non-current assets	$ 270	$ 281	$ 281
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other non-current assets		Other non-current assets
Accrued expenses	$ 44	47	$ 47
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued expenses		Accrued expenses
Other long-term liabilities	$ 238	$ 248	$ 248
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other long-term liabilities		Other long-term liabilities
Total operating lease liabilities	$ 282		$ 295
Weighted Average Remaining Lease Term	9 years 7 months 6 days		9 years 4 months 24 days
Weighted Average Discount Rate	3%		3%

Leases - Future Minimum Operati

Leases - Future Minimum Operating Lease Payments (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Jul. 29, 2022
Leases [Abstract]
2024 (remainder)	$ 38
2025	42
2026	36
2027	32
2028	28
Thereafter	152
Total lease payments	328
Less: Interest	(46)
Total	$ 282	$ 295

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended		243 Months Ended
	Aug. 22, 2023	Jul. 28, 2023	Jul. 29, 2022	Jul. 28, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense		$ 87	$ 67
Unrecognized compensation expense related to equity awards		$ 547		$ 547
Unrecognized compensation expense will be amortized on a straight-line basis over a weighted-average remaining period, in years		2 years 1 month 6 days
Stock repurchase program, authorized amount		$ 16,100		$ 16,100
Repurchase of common stock, shares				365
Average price of common stock repurchased under repurchase program				$ 41.38
Aggregate purchase price of common stock authorized under repurchase program		$ 400	$ 350	$ 15,100
Cash dividends declared, per common share		$ 0.5	$ 0.5
Subsequent Event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash dividends declared, per common share	$ 0.5
Cash dividend payable date	Oct. 25, 2023
Cash dividend record date	Oct. 06, 2023
Stock-based Compensation Equity-classified
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense		$ 83
Performance Based Restricted Stock Unit
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs granted, Number of Shares		4
RSUs granted, Weighted-Average Grant Date Fair Value		$ 77.82
Vesting period, description		For the remaining half of the PBRSUs granted in the three months ended July 28, 2023, the number of shares used to calculate the settlement amount will depend upon the Company's billings result average over the three-year performance period as compared to a predetermined billings target. Billings for purposes of measuring the performance of these PBRSUs means the total obtained by adding net revenues as reported on the Company's Consolidated Statements of Income to the amount reported as the change in deferred revenue and financed unearned services revenue on the Consolidated Statements of Cash Flows for the applicable measurement period, excluding the impact of fluctuations in foreign currency exchange rates.
RSUs grant date fair value		$ 32		32
Performance Based Restricted Stock Unit | PBRSU Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years
Contingent Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense related to equity awards		$ 307		$ 307
Unrecognized compensation expense will be amortized on a straight-line basis over a weighted-average remaining period, in years		3 years 8 months 12 days
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of Common stock issued to settle PBRSUs of target shares granted		0%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of Common stock issued to settle PBRSUs of target shares granted		200%

Stockholders' Equity - Stock-Ba

Stockholders' Equity - Stock-Based Compensation Expense (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 87	$ 67
Cost of Product Revenues
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	1	1
Cost of Services Revenues
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	6	4
Sales and Marketing
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	36	28
Research and Development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	32	24
General and Administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 12	$ 10

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Activities Related to Stock Repurchase Program (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended	243 Months Ended
	Jul. 28, 2023	Jul. 29, 2022	Jan. 27, 2023	Jul. 28, 2023
Equity Class Of Treasury Stock [Line Items]
Number of shares repurchased				365,000,000
Average price per share				$ 41.38
Stock repurchases allocated	$ 400	$ 350
Retained Earnings
Equity Class Of Treasury Stock [Line Items]
Stock repurchases allocated	$ 376	$ 332
Stock Repurchase Program
Equity Class Of Treasury Stock [Line Items]
Number of shares repurchased	5,000,000
Average price per share	$ 74.14
Remaining authorization at end of period	$ 1,002			$ 1,002
Stock Repurchase Program | Additional Paid-in Capital
Equity Class Of Treasury Stock [Line Items]
Stock repurchases allocated	$ 24
Stock Repurchase Program | Retained Earnings
Equity Class Of Treasury Stock [Line Items]
Stock repurchases allocated			$ 376

Stockholders' Equity - Summar_2

Stockholders' Equity - Summary of Activities Related to Dividends on Common Stock (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Dividends, Common Stock [Abstract]
Dividends per share declared	$ 0.5	$ 0.5
Dividend payments	$ 106	$ 110
Additional Paid-in Capital
Dividends, Common Stock [Abstract]
Dividend payments	68	106
Retained Earnings
Dividends, Common Stock [Abstract]
Dividend payments	$ 38	$ 4

Stockholders' Equity - Accumula

Stockholders' Equity - Accumulated Other Comprehensive Income (Loss) by Component Net of Tax (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances	$ 1,159	$ 838
Total other comprehensive income	3	(4)
Balances	873	657
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances	(48)
Other comprehensive gain, net of tax	2
Amounts reclassified from AOCI, net of tax	0
Total other comprehensive income	2
Balances	(46)
Defined Benefit Obligation Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances	(3)
Other comprehensive gain, net of tax	0
Amounts reclassified from AOCI, net of tax	0
Total other comprehensive income	0
Balances	(3)
Unrealized Gains (Losses) on Derivative Instruments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances	0
Other comprehensive gain, net of tax	2
Amounts reclassified from AOCI, net of tax	(1)
Total other comprehensive income	1
Balances	1
AOCI Attributable to Parent
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances	(51)	(44)
Other comprehensive gain, net of tax	4
Amounts reclassified from AOCI, net of tax	(1)
Total other comprehensive income	3	(4)
Balances	$ (48)	$ (48)

Stockholders' Equity - Amounts

Stockholders' Equity - Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net revenues	$ 1,432	$ 1,592
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications	(1)	(1)
Reclassification out of Accumulated Other Comprehensive Income | Realized gains on cash flow hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net revenues	$ (1)	$ (1)

Derivatives and Hedging Activ_3

Derivatives and Hedging Activities - Schedule of Notional Value of Outstanding Foreign Currency Forward Contracts (Detail) - Foreign Exchange Forward Contracts - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023
Long | Cash Flow Hedges
Derivative [Line Items]
Forward contracts, Notional Amount	$ 108	$ 95
Non Designated | Short | Balance Sheet Contracts
Derivative [Line Items]
Forward contracts, Notional Amount	885	965
Non Designated | Long | Balance Sheet Contracts
Derivative [Line Items]
Forward contracts, Notional Amount	$ 184	$ 96

Derivatives and Hedging Activ_4

Derivatives and Hedging Activities - Schedule of Derivative Instruments Not Designated as Cash Flow Hedges (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Foreign Exchange Forward Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Foreign currency exchange contracts	$ (4)	$ (21)

Restructuring Charges - Additio

Restructuring Charges - Additional Information (Detail)	Jul. 28, 2023	Jul. 29, 2022
Restructuring Cost and Reserve [Line Items]
Reduction of global work force	1%	1%

Restructuring Charges - Activit

Restructuring Charges - Activities Related to Restructuring Reserves (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Restructuring and Related Activities [Abstract]
Balance at beginning of period	$ 36	$ 1
Net charges	26	11
Cash payments	(31)	(3)
Balance at end of period	$ 31	$ 9

Income Taxes - Effective Tax Ra

Income Taxes - Effective Tax Rates (Detail)	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Income Tax Disclosure [Abstract]
Effective tax rates	19.90%	20.70%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023
Income Tax Contingency [Line Items]
Gross unrecognized tax benefits	$ 221
Gross unrecognized tax benefits included in other long-term liabilities	145	$ 144
Unrecognized tax benefits that would affect provision for income taxes	$ 145

Net Income per Share - Computat

Net Income per Share - Computation of Basic and Diluted Net Income Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Earnings Per Share [Abstract]
Net Income (Loss)	$ 149	$ 214
Shares used in basic computation	212	220
Dilutive impact of employee equity award plans	4	4
Shares used in diluted computation	216	224
Basic	$ 0.70	$ 0.97
Diluted	$ 0.69	$ 0.96

Net Income per Share - Addition

Net Income per Share - Additional Information (Detail) - shares shares in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Earnings Per Share [Abstract]
Outstanding employee equity awards excluded from diluted net income per share calculations	1	5

Segment Geographic and Signific

Segment Geographic and Significant Customer Information - Additional Information (Detail) $ in Millions	3 Months Ended
	Jul. 28, 2023 USD ($) Segment	Jul. 29, 2022 USD ($)
Segment Reporting Information [Line Items]
Number of industry segment | Segment	2
Net revenues	$ 1,432	$ 1,592
U.S.
Segment Reporting Information [Line Items]
Net revenues	$ 699	$ 772

Segment Geographic and Signif_2

Segment Geographic and Significant Customer Information - Schedule of Financial Information by Segment (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Segment Reporting Information [Line Items]
Net revenues	$ 1,432	$ 1,592
Segment cost of revenues	420	530
Segment gross profit	$ 1,012	$ 1,062
Segment gross margin	70.70%	66.70%
Unallocated cost of revenues	$ 16	$ 16
Gross profit	$ 996	$ 1,046
Total gross margin	69.60%	65.70%
Operating Segments | Hybrid Cloud Segment
Segment Reporting Information [Line Items]
Net revenues	$ 1,278	$ 1,460
Segment cost of revenues	369	490
Segment gross profit	$ 909	$ 970
Segment gross margin	71.10%	66.40%
Operating Segments | Public Cloud Segment
Segment Reporting Information [Line Items]
Net revenues	$ 154	$ 132
Segment cost of revenues	51	40
Segment gross profit	$ 103	$ 92
Segment gross margin	66.90%	69.70%
Product [Member]
Segment Reporting Information [Line Items]
Net revenues	$ 590	$ 786
Segment cost of revenues	264	395
Product [Member] | Operating Segments | Hybrid Cloud Segment
Segment Reporting Information [Line Items]
Net revenues	590	786
Segment cost of revenues	264	395
Product [Member] | Operating Segments | Public Cloud Segment
Segment Reporting Information [Line Items]
Net revenues	0	0
Segment cost of revenues	0	0
Public Cloud
Segment Reporting Information [Line Items]
Net revenues	154	132
Segment cost of revenues	51	40
Public Cloud | Operating Segments | Hybrid Cloud Segment
Segment Reporting Information [Line Items]
Net revenues	0	0
Segment cost of revenues	0	0
Public Cloud | Operating Segments | Public Cloud Segment
Segment Reporting Information [Line Items]
Net revenues	154	132
Segment cost of revenues	51	40
Support
Segment Reporting Information [Line Items]
Net revenues	611	598
Segment cost of revenues	47	43
Support | Operating Segments | Hybrid Cloud Segment
Segment Reporting Information [Line Items]
Net revenues	611	598
Segment cost of revenues	47	43
Support | Operating Segments | Public Cloud Segment
Segment Reporting Information [Line Items]
Net revenues	0	0
Segment cost of revenues	0	0
Professional and Other Services
Segment Reporting Information [Line Items]
Net revenues	77	76
Segment cost of revenues	58	52
Professional and Other Services | Operating Segments | Hybrid Cloud Segment
Segment Reporting Information [Line Items]
Net revenues	77	76
Segment cost of revenues	58	52
Professional and Other Services | Operating Segments | Public Cloud Segment
Segment Reporting Information [Line Items]
Net revenues	0	0
Segment cost of revenues	$ 0	$ 0

Segment Geographic and Signif_3

Segment Geographic and Significant Customer Information - Schedule of Financial Information by Segment (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Segment Reporting [Abstract]
Unallocated cost of revenue stock-based compensation expense	$ 7	$ 5
Unallocated cost of revenue amortization of intangible assets	$ 9	$ 11

Segment Geographic and Signif_4

Segment Geographic and Significant Customer Information - Schedule of Revenues by Geographic Region (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Segment Reporting Information [Line Items]
Net revenues	$ 1,432	$ 1,592
United States, Canada And Latin America (Americas)
Segment Reporting Information [Line Items]
Net revenues	754	827
Europe, Middle East And Africa (EMEA)
Segment Reporting Information [Line Items]
Net revenues	446	509
Asia Pacific (APAC)
Segment Reporting Information [Line Items]
Net revenues	$ 232	$ 256

Segment Geographic and Signif_5

Segment Geographic and Significant Customer Information - Schedule of Cash, Cash Equivalents and Short-Term Investments (Detail) - USD ($) $ in Millions	Apr. 28, 2023	Apr. 29, 2022
Segment Reporting Information [Line Items]
Cash, cash equivalents and short-term investments	$ 2,975	$ 3,070
U.S.
Segment Reporting Information [Line Items]
Cash, cash equivalents and short-term investments	842	887
International
Segment Reporting Information [Line Items]
Cash, cash equivalents and short-term investments	$ 2,133	$ 2,183

Segment Geographic and Signif_6

Segment Geographic and Significant Customer Information - Schedule of Property and Equipment Net by Geographic Areas (Detail) - USD ($) $ in Millions	Jul. 28, 2023	Apr. 28, 2023
Segment Reporting, Asset Reconciling Item [Line Items]
Property and equipment	$ 641	$ 650
U.S.
Segment Reporting, Asset Reconciling Item [Line Items]
Property and equipment	407	413
International
Segment Reporting, Asset Reconciling Item [Line Items]
Property and equipment	$ 234	$ 237

Segment Geographic and Signif_7

Segment Geographic and Significant Customer Information - Significant Customers (Detail) - Net Revenue - Customer Concentration Risk	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022
Arrow Electronics, Inc.
Segment Reporting Information [Line Items]
Percentage of net revenues	24%	25%
TD Synnex Corporation (previously presented as Tech Data Corporation)
Segment Reporting Information [Line Items]
Percentage of net revenues	21%	21%

Segment Geographic and Signif_8

Segment Geographic and Significant Customer Information - Schedule of Net Accounts Receivable from Significant Customers (Detail) - Accounts Receivable - Credit Concentration Risk	3 Months Ended
	Jul. 28, 2023	Apr. 28, 2023
Arrow Electronics, Inc.
Segment Reporting Information [Line Items]
Percentage of net accounts receivable	10%	15%
TD Synnex Corporation (previously presented as Tech Data Corporation)
Segment Reporting Information [Line Items]
Percentage of net accounts receivable	17%	19%

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 28, 2023	Jul. 29, 2022	Apr. 28, 2023
Commitments and Contingencies Disclosure [Line Items]
Purchase orders and other commitments	$ 300
Accrued purchase commitments with contract manufacturers	18		$ 15
Sale of finance receivables	19	$ 3
Accrued settlement amount	$ 0
Management estimation of loss contingency	Although management at present believes that the ultimate outcome of these proceedings, individually and in the aggregate, will not materially harm our financial position, results of operations, cash flows, or overall trends, legal proceedings are subject to inherent uncertainties, and unfavorable rulings or other events could occur. Unfavorable resolutions could include significant monetary damages. In addition, in matters for which injunctive relief or other conduct remedies are sought, unfavorable resolutions could include an injunction or other order prohibiting us from selling one or more products at all or in particular ways or requiring other remedies. An unfavorable outcome may result in a material adverse impact on our business, results of operations, financial position, cash flows and overall trends
Maximum
Commitments and Contingencies Disclosure [Line Items]
Terms of recourse leases	3 years
Inventory
Commitments and Contingencies Disclosure [Line Items]
Purchase orders and other commitments	$ 500