NetApp (NTAP) 10-Q 2 Sep 16 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Jul. 29, 2016	Aug. 24, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jul. 29, 2016
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	NTAP
Entity Registrant Name	NetApp, Inc.
Entity Central Index Key	1,002,047
Current Fiscal Year End Date	--04-28
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		278,667,894

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Current assets:
Cash and cash equivalents	$ 2,294	$ 2,868
Short-term investments	2,127	2,435
Accounts receivable	501	813
Inventories	81	98
Other current assets	220	234
Total current assets	5,223	6,448
Property and equipment, net	942	937
Goodwill	1,676	1,676
Other intangible assets, net	169	180
Other non-current assets	777	796
Total assets	8,787	10,037
Current liabilities:
Accounts payable	239	254
Accrued expenses	561	765
Short-term loan	0	849
Short-term deferred revenue and financed unearned services revenue	1,724	1,794
Total current liabilities	2,524	3,662
Long-term debt	1,491	1,490
Other long-term liabilities	404	413
Long-term deferred revenue and financed unearned services revenue	1,576	1,591
Total liabilities	5,995	7,156
Commitments and contingencies (Note 15)	0	0
Stockholders' equity:
Common stock and additional paid-in capital, $0.001 par value, (278 and 281 shares issued and outstanding as of July 29, 2016 and April 29, 2016, respectively)	2,823	2,912
Retained earnings	0	0
Accumulated other comprehensive loss	(31)	(31)
Total stockholders' equity	2,792	2,881
Total liabilities and stockholders' equity	$ 8,787	$ 10,037

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares shares in Millions	Jul. 29, 2016	Apr. 29, 2016
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	278	281
Common stock, shares outstanding	278	281

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Revenues:
Product	$ 660	$ 664
Software maintenance	241	248
Hardware maintenance and other services	393	423
Net revenues	1,294	1,335
Cost of revenues:
Cost of product	359	345
Cost of software maintenance	8	10
Cost of hardware maintenance and other services	130	164
Total cost of revenues	497	519
Gross profit	797	816
Operating expenses:
Sales and marketing	429	492
Research and development	207	244
General and administrative	68	79
Restructuring and other charges	0	27
Total operating expenses	704	842
Income (loss) from operations	93	(26)
Other income (expense), net	(1)	4
Income (loss) before income taxes	92	(22)
Provision for income taxes	28	8
Net income (loss)	$ 64	$ (30)
Net income (loss) per share:
Basic	$ 0.23	$ (0.10)
Diluted	$ 0.23	$ (0.10)
Shares used in net income (loss) per share calculations:
Basic	279	304
Diluted	282	304
Cash dividends declared per share	$ 0.190	$ 0.180

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ 64	$ (30)
Other comprehensive income (loss):
Foreign currency translation adjustments	(6)	(1)
Defined benefit obligations:
Reclassification adjustments related to defined benefit obligations	0	1
Unrealized gains (losses) on available-for-sale securities:
Unrealized holding gains (losses) arising during the period	3	(9)
Unrealized gains (losses) on cash flow hedges:
Unrealized holding gains (losses) arising during the period	3	(2)
Reclassification adjustments for losses included in net income (loss)	0	1
Other comprehensive income (loss):	0	(10)
Comprehensive income (loss)	$ 64	$ (40)

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Cash flows from operating activities:
Net income (loss)	$ 64	$ (30)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	60	69
Stock-based compensation	52	77
Deferred income taxes	19	(51)
Other non-cash items, net	(7)	15
Changes in assets and liabilities:
Accounts receivable	311	361
Inventories	17	(47)
Other operating assets	32	17
Accounts payable	(30)	(33)
Accrued expenses	(198)	(119)
Deferred revenue and financed unearned services revenue	(83)	(121)
Other operating liabilities	(9)	(9)
Net cash provided by operating activities	228	129
Cash flows from investing activities:
Purchases of investments	(285)	(238)
Maturities, sales and collections of investments	598	1,016
Purchases of property and equipment	(36)	(38)
Other investing activities, net	(1)	2
Net cash provided by investing activities	276	742
Cash flows from financing activities:
Issuance of common stock under employee stock award plans	9	19
Repurchase of common stock	(175)	(430)
Repayment of short-term loan	(850)	0
Dividends paid	(53)	(54)
Other financing activities, net	(2)	1
Net cash used in financing activities	(1,071)	(464)
Effect of exchange rate changes on cash and cash equivalents	(7)	(5)
Net increase (decrease) in cash and cash equivalents	(574)	402
Cash and cash equivalents:
Beginning of period	2,868	1,922
End of period	$ 2,294	$ 2,324

Description of Business and Sig

Description of Business and Significant Accounting Policies	3 Months Ended
	Jul. 29, 2016
Accounting Policies [Abstract]
Description of Business and Significant Accounting Policies	1. Description of Business and Significant Accounting Policies NetApp, Inc. (we, us, or the Company) provides software, systems and services to manage and store computer data. We enable enterprises, service providers, governmental organizations, and partners to envision, deploy and evolve their information technology environments and to reduce costs and risk while driving growth and success for their organizations. 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 year 2017, ending on April 28, 2017, is a 52-week year, with 13 weeks in each of its quarters. Fiscal year 2016, which ended on April 29, 2016, was a 53-week year, with 14 weeks in its first quarter and 13 weeks in each subsequent 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 (loss) and cash flows 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 29, 2016 contained in our Annual Report on Form 10-K. The results of operations for the three months ended July 29, 2016 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 and purchase order accruals; valuation of goodwill and intangibles; restructuring reserves; product warranties; employee benefit accruals; stock-based compensation; loss contingencies; investment impairments; income taxes and fair value measurements. Actual results could differ materially from those estimates. Accounting Change – In the three months ended July 29, 2016, we early adopted a new accounting standards update that the Financial Accounting Standards Board (FASB) issued in March 2016 that simplifies the accounting for certain aspects of stock-based payments to employees. The new standard requires that certain amendments relevant to us be applied using a modified-retrospective transition method by means of a cumulative-effect adjustment to retained earnings as of the beginning of the period in which the guidance is adopted. In connection with the adoption, we elected to account for forfeitures as they occur and the cumulative-effect impact of that change in accounting policy was a $7 million increase in retained earnings and a corresponding decrease in additional paid-in capital as of April 30, 2016. We also recorded a $3 million cumulative-effect adjustment decrease to retained earnings and a related decrease in deferred tax assets related to the forfeiture rate policy change on outstanding stock-based awards as of April 30, 2016. The standard also eliminates the requirement that excess tax benefits be realized before companies can recognize them. Accordingly, we recorded a $17 million cumulative-effect adjustment increase in retained earnings and an offsetting increase in deferred tax assets for previously unrecognized excess tax benefits as of April 30, 2016. The new standard eliminated the requirement to report excess tax benefits and certain tax deficiencies related to share-based payment transactions as additional paid-in capital. As a result, we recognized $13 million of tax deficiencies in our provision for income taxes, rather than additional paid–in capital, for the three months ended July 29, 2016. We elected to report cash flows related to excess tax benefits on a prospective basis. The presentation requirements for cash flows related to employee taxes paid for withheld shares had no impact to our statements of cash flows since such cash flows have historically been presented as a financing activity. There have been no other significant changes in our significant accounting policies as of and for the three months ended July 29, 2016, as compared to the significant accounting policies described in our Annual Report on Form 10-K for the fiscal year ended April 29, 2016.

Recent Accounting Standards Not

Recent Accounting Standards Not Yet Effective	3 Months Ended
	Jul. 29, 2016
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]
Recent Accounting Standards Not Yet Effective	2. Recent Accounting Standards Not Yet Effective In May 2014, the FASB issued an accounting standards update related to the recognition and reporting of revenue that establishes a comprehensive new revenue recognition model designed to depict the transfer of goods or services to a customer in an amount that reflects the consideration the entity expects to receive in exchange for those goods or services. The guidance allows for the use of either the full or modified retrospective transition method. This new standard, as amended, will be effective for us in our first quarter of fiscal 2019, although adoption in our first quarter of fiscal 2018 is permitted. We are currently evaluating the impact of this new standard on our consolidated financial statements, as well as which transition method we intend to use and our planned adoption date. In February 2016, the FASB issued an accounting standards update on financial reporting for leasing arrangements, including requiring lessees to recognize an operating lease with a term greater than one year on their balance sheets as a right-of-use asset and corresponding lease liability, measured at the present value of the lease payments. This new standard will be effective for us in our first quarter of fiscal 2020, although early adoption is permitted. Upon adoption, lessees must apply a modified retrospective transition approach for leases existing at, or In June 2016, the FASB issued an accounting standards update on the measurement of credit losses on financial instruments. The standard introduces a new model for measuring and recognizing credit losses on financial instruments, requiring financial assets measured at amortized cost basis to be presented at the net amount expected to be collected.

Statements of Cash Flows Additi

Statements of Cash Flows Additional Information	3 Months Ended
	Jul. 29, 2016
Supplemental Cash Flow Elements [Abstract]
Statements of Cash Flows Additional Information	3. Statements of Cash Flows Additional Information Non-cash investing activities and supplemental cash flow information are as follows (in millions): Three Months Ended July 29, 2016 July 31, 2015 Non-cash Investing Activities: Capital expenditures incurred but not paid $ 38 $ 13 Supplemental Cash Flow Information: Income taxes paid, net of refunds $ 62 $ 40 Interest paid $ 23 $ 20

Purchased Intangible Assets, Ne

Purchased Intangible Assets, Net	3 Months Ended
	Jul. 29, 2016
Goodwill And Intangible Assets Disclosure [Abstract]
Purchased Intangible Assets, Net	4. Purchased Intangible Assets, Net Purchased intangible assets, net are summarized below (in millions): July 29, 2016 April 29, 2016 Gross Accumulated Net Gross Accumulated Net Assets Amortization Assets Assets Amortization Assets Developed technology $ 129 $ (21 ) $ 108 $ 403 $ (289 ) $ 114 Customer contracts/relationships 43 (8 ) 35 46 (7 ) 39 Other purchased intangibles 9 (2 ) 7 10 (2 ) 8 Total intangible assets subject to amortization 181 (31 ) 150 459 (298 ) 161 In-process research and development 19 — 19 19 — 19 Total purchased intangible assets $ 200 $ (31 ) $ 169 $ 478 $ (298 ) $ 180 Amortization expense for purchased intangible assets is summarized below (in millions): Three Months Ended Statement of July 29, 2016 July 31, 2015 Operations Classifications Developed technology $ 6 $ 14 Cost of revenues Customer contracts/relationships 4 — Operating expenses Other purchased intangibles 1 — Operating expenses Total $ 11 $ 14 As of July 29, 2016, future amortization expense related to purchased intangible assets subject to amortization is as follows (in millions): Fiscal Year Amount Remainder of 2017 $ 34 2018 43 2019 35 2020 23 2021 15 Total $ 150

Balance Sheet Details

Balance Sheet Details	3 Months Ended
	Jul. 29, 2016
Statement Of Financial Position [Abstract]
Balance Sheet Details	5. Balance Sheet Details Cash and cash equivalents (in millions): July 29, 2016 April 29, 2016 Cash $ 2,121 $ 2,714 Cash equivalents 173 154 Cash and cash equivalents $ 2,294 $ 2,868 Inventories (in millions): July 29, 2016 April 29, 2016 Purchased components $ 11 $ 10 Finished goods 70 88 Inventories $ 81 $ 98 Property and equipment, net (in millions): July 29, 2016 April 29, 2016 Land $ 215 $ 215 Buildings and improvements 605 605 Leasehold improvements 106 106 Computer, production, engineering and other equipment 744 751 Computer software 352 352 Furniture and fixtures 88 88 Construction-in-progress 108 74 2,218 2,191 Accumulated depreciation and amortization (1,276 ) (1,254 ) Property and equipment, net $ 942 $ 937 Other non-current assets (in millions): July 29, 2016 April 29, 2016 Deferred tax assets $ 599 $ 621 Other assets 178 175 Other non-current assets $ 777 $ 796 Accrued expenses (in millions): July 29, 2016 April 29, 2016 Accrued compensation and benefits $ 239 $ 371 Product warranty liability 40 48 Other current liabilities 282 346 Accrued expenses $ 561 $ 765 Product warranty liabilities: Equipment and software systems sales include a standard product warranty. The following tables summarize the activity related to product warranty liabilities and their balances as reported in our condensed consolidated balance sheets (in millions): Three Months Ended July 29, 2016 July 31, 2015 Balance at beginning of period $ 70 $ 86 Expense accrued during the period 4 9 Warranty costs incurred (13 ) (14 ) Balance at end of period $ 61 $ 81 July 29, 2016 April 29, 2016 Accrued expenses $ 40 $ 48 Other long-term liabilities 21 22 Total warranty liabilities $ 61 $ 70 Warranty expense accrued during the period includes amounts accrued for systems at the time of shipment, adjustments for changes in estimated costs for warranties on systems shipped in the period and changes in estimated costs for warranties on systems shipped in prior periods. Deferred revenue and financed unearned services revenue (in millions): July 29, 2016 April 29, 2016 Deferred product revenue $ 63 $ 68 Deferred services revenue 3,017 3,100 Financed unearned services revenue 220 217 Total $ 3,300 $ 3,385 Reported as: Short-term $ 1,724 $ 1,794 Long-term 1,576 1,591 Total $ 3,300 $ 3,385 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 maintenance contracts 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 for additional information related to these arrangements.

Other Income (Expense), Net

Other Income (Expense), Net	3 Months Ended
	Jul. 29, 2016
Nonoperating Income Expense [Abstract]
Other Income (Expense), Net	6. Other income (expense), net Other income (expense), net consists of the following (in millions): Three Months Ended July 29, 2016 July 31, 2015 Interest income $ 11 $ 13 Interest expense (15 ) (11 ) Other income, net 3 2 Total other income (expense), net $ (1 ) $ 4

Financial Instruments and Fair

Financial Instruments and Fair Value Measurements	3 Months Ended
	Jul. 29, 2016
Investments Debt And Equity Securities [Abstract]
Financial Instruments and Fair Value Measurements	7. 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 (in millions): July 29, 2016 April 29, 2016 Cost or Estimated Cost or Estimated Amortized Gross Unrealized Fair Amortized Gross Unrealized Fair Cost Gains Losses Value Cost Gains Losses Value Corporate bonds $ 1,251 $ 7 $ — $ 1,258 $ 1,370 $ 5 $ (1 ) $ 1,374 U.S. Treasury and government debt securities 634 2 — 636 878 2 — 880 Foreign government debt securities 32 — — 32 35 — — 35 Commercial paper 266 — — 266 202 — — 202 Certificates of deposit 108 — — 108 98 — — 98 Mutual funds 32 — — 32 30 — — 30 Total debt and equity securities $ 2,323 $ 9 $ - $ 2,332 $ 2,613 $ 7 $ (1 ) $ 2,619 As of July 29, 2016, gross unrealized losses related to individual securities were not significant. The following table presents the contractual maturities of our debt investments as of July 29, 2016 (in millions): Amortized Cost Fair Value Due in one year or less $ 955 $ 956 Due after one year through five years 1,336 1,344 $ 2,291 $ 2,300 Actual maturities may differ from the contractual maturities because borrowers may have the right to call or prepay certain obligations. 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 29, 2016 Fair Value Measurements at Reporting Date Using Total Level 1 Level 2 Cash $ 2,121 $ 2,121 $ — Corporate bonds 1,258 — 1,258 U.S. Treasury and government debt securities 636 208 428 Foreign government debt securities 32 — 32 Commercial paper 266 — 266 Certificates of deposit 108 — 108 Total cash, cash equivalents and short-term investments $ 4,421 $ 2,329 $ 2,092 Other items: Mutual funds (1) $ 6 $ 6 $ — Mutual funds (2) $ 26 $ 26 $ — Foreign currency exchange contracts assets (1) $ 3 $ — $ 3 Foreign currency exchange contracts liabilities (3) $ (2 ) $ — $ (2 ) (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 29, 2016 and April 29, 2016, we have not made any adjustments to the prices obtained from our third-party pricing providers. Fair Value of Long-Term Debt As of July 29, 2016 and April 29, 2016, the fair value of our long-term debt was approximately $1,517 million and $1,519 million, respectively. The fair value of our long-term debt was based on observable market prices in a less active market. All of our debt obligations are categorized as Level 2 instruments.

Financing Arrangements

Financing Arrangements	3 Months Ended
	Jul. 29, 2016
Debt Disclosure [Abstract]
Financing Arrangements	8. Financing Arrangements Long-Term Debt The following table summarizes information relating to our long-term debt (in millions, except interest rates): July 29, 2016 April 29, 2016 Effective Effective Amount Interest Rate Amount Interest Rate 2.00% Senior Notes Due 2017 $ 750 2.25 % $ 750 2.25 % 3.375% Senior Notes Due 2021 500 3.54 % 500 3.54 % 3.25% Senior Notes Due 2022 250 3.43 % 250 3.43 % Total principal amount 1,500 1,500 Unamortized discount and issuance costs (9 ) (10 ) Total long-term debt $ 1,491 $ 1,490 Senior Notes Our 3.375% Senior Notes, 2.00% Senior Notes and 3.25% Senior Notes, with a par value of $500 million, $750 million and $250 million, respectively, were issued in June 2014, December 2012 and December 2012, respectively. We collectively refer to such long-term debt as our Senior Notes. Interest on our Senior Notes is paid semi-annually on June 15 and December 15. Our Senior Notes, which are unsecured, unsubordinated obligations, rank equally in right of payment with any 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 29, 2016, we were in compliance with all covenants associated with the Senior Notes. As of July 29, 2016, our aggregate future principal debt maturities are as follows (in millions): Fiscal Year Amount 2018 $ 750 Thereafter 750 Total $ 1,500 Credit Facility In December 2012, as amended in February 2016, we entered into a credit agreement with a syndicated group of lenders that is scheduled to expire on December 21, 2017 and provides for an unsecured $300 million revolving credit facility that is comprised of revolving loans, Eurocurrency loans and/or swingline loans. The credit facility includes a $100 million foreign currency sub-facility, a $50 million letter of credit sub-facility and a $10 million swingline sub-facility available on same-day notice. Available borrowings under the credit facility are reduced by the amount of any outstanding borrowings on the sub-facilities. We may also, subject to certain requirements, request an increase in the facility up to an additional $50 million and request two additional one-year extensions, subject to certain conditions. The proceeds from the facility may be used by us for general corporate purposes. Borrowings under the facility, except for swingline loans, accrue interest in arrears at an alternate base rate as defined in the credit agreement or, at our option, an adjusted London Interbank Offered Rate (LIBOR) plus in each case, a spread (based on our public debt ratings and the type of loan) ranging from 0.2% to 1.2%. Swingline borrowings accrue interest at an alternate base rate. In addition, we are required to pay fees to maintain the credit facility, whether or not we have outstanding borrowings. The facility contains financial covenants requiring us to maintain a maximum leverage ratio of not more than 3.0:1.0 and a minimum interest coverage ratio of not less than 3.5:1.0. The facility contains customary affirmative and negative covenants, including covenants that limit our ability to incur debt secured by liens on assets or indebtedness of our subsidiaries and to consolidate, merge or sell all or substantially all of our assets. As of July 29, 2016, no borrowings were outstanding under the facility and we were in compliance with all covenants associated with the facility. Short-Term Loan In February 2016, in connection with the SolidFire acquisition, we entered into a short-term loan of $870 million with a maturity of November 2, 2016. As of July 29, 2016, we have repaid the loan in full and have terminated the related loan agreement. Sale-leaseback Transactions In fiscal 2016, we entered into a sale-leaseback arrangement of certain of our land and buildings, under which we leased back certain of our properties rent free over lease terms ending at various dates ranging from March 31, 2017 to December 31, 2017, unless terminated early by us. Due to the existence of a prohibited form of continuing involvement, these properties did not qualify for sale-leaseback accounting and as a result they have been accounted for as financing transactions under lease accounting standards. Under the financing method, the assets will remain on our condensed consolidated balance sheets, and proceeds received by us from these transactions are reported as financing obligations. As of July 29, 2016, the balance of these financing obligations was $149 million. At the end of each respective leaseback period, or when our continuing involvement under the leaseback agreements ends, each transaction will be reported as a non-cash sale of land and buildings and extinguishment of financing obligations, and the difference between the then net book value of the properties and the unamortized balance of the financing obligations will be recognized as a gain on sale of properties.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Jul. 29, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stockholders' Equity	9. Stockholders’ Equity Equity Incentive Awards As of July 29, 2016, we have outstanding certain equity incentive awards (awards), which include stock options, restricted stock units (RSUs), including time-based RSUs and performance-based RSUs (PBRSUs), and Employee Stock Purchase Plan (ESPP) awards. Stock Options The following table summarizes information related to our stock options (in millions, except exercise price and contractual term): Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Outstanding as of April 29, 2016 9 $ 34.01 Forfeited and expired (2 ) $ 39.39 Outstanding as of July 29, 2016 7 $ 33.75 3.42 $ 29 Exercisable as of July 29, 2016 5 $ 39.29 2.22 $ 5 The aggregate intrinsic value represents the pre-tax difference between the exercise price of stock options and the quoted market price of our stock on that day for all in-the-money options. Additional information related to our stock options is summarized below (in millions): Three Months Ended July 29, 2016 July 31, 2015 Intrinsic value of exercises $ 3 $ 3 Proceeds received from exercises $ 1 $ 7 Fair value of options vested $ 5 $ 6 Restricted Stock Units In the three months ended July 29, 2016, The following table summarizes information related to RSUs, including PBRSUs, (in millions, except for fair value): Number of Shares Weighted- Average Grant Date Fair Value Outstanding as of April 29, 2016 13 $ 32.46 Granted 4 $ 23.66 Vested (4 ) $ 32.74 Forfeited (1 ) $ 33.41 Outstanding as of July 29, 2016 12 $ 28.88 We primarily use the net share settlement approach upon vesting, where a portion of the shares are withheld as settlement of employee withholding taxes, which decreases the shares issued to the employee by a corresponding value. The number and value of the shares netted for employee taxes are summarized in the table below (in millions): Three Months Ended July 29, 2016 July 31, 2015 Shares withheld for taxes 1 1 Fair value of shares withheld $ 33 $ 38 Employee Stock Purchase Plan The following table summarizes activity related to the purchase rights issued under the ESPP (in millions): Three Months Ended July 29, 2016 July 31, 2015 Shares issued under the ESPP 2 2 Proceeds from issuance of shares $ 42 $ 50 Stock-Based Compensation Expense Stock-based compensation expense is included in the condensed consolidated statements of operations as follows (in millions): Three Months Ended July 29, 2016 July 31, 2015 Cost of product revenues $ 1 $ 2 Cost of hardware maintenance and other services revenues 4 6 Sales and marketing 23 31 Research and development 15 26 General and administrative 9 12 Total stock-based compensation expense $ 52 $ 77 As of July 29, 2016, total unrecognized compensation expense related to our equity awards was $368 million, which is expected to be recognized on a straight-line basis over a weighted-average remaining service period of 2.3 years. Stock Repurchase Program As of July 29, 2016, our Board of Directors has authorized the repurchase of up to $9.6 billion of our common stock. Under this program, which we may suspend or discontinue at any time, we may purchase shares of our outstanding common stock through open market and privately negotiated transactions at prices deemed appropriate by our management. The following table summarizes activity related to this program for the three months ended July 29, 2016 (in millions, except per share amounts): Number of shares repurchased 7 Average price per share $ 24.20 Aggregate purchase price $ 175 Remaining authorization at end of period $ 1,324 The aggregate purchase price of our stock repurchases for the three months ended July 29, 2016 consisted of $175 million of open market purchases, of which $93 million and $82 million were allocated to additional paid-in capital and retained earnings, respectively. Since the May 13, 2003 inception of our stock repurchase program through July 29, 2016, we repurchased a total of 255 million shares of our common stock at an average price of $32.60 per share, for an aggregate purchase price of $8.3 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 29, 2016 July 31, 2015 Dividends per share declared $ 0.19 $ 0.18 Dividend payments allocated to additional paid-in capital $ 50 $ 54 Dividend payments allocated to retained earnings $ 3 $ — On August 17, 2016, we declared a cash dividend of $0.19 per share of common stock, payable on October 26, 2016 to holders of record as of the close of business on October 7, 2016. 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. Retained Earnings A reconciliation of retained earnings is as follows (in millions): Balance as of April 29, 2016 $ — Cumulative-effect of new accounting principle 21 Net income 64 Repurchases of common stock (82 ) Dividends (3 ) Balance as of July 29, 2016 $ — Accumulated Other Comprehensive Income (Loss) Changes in accumulated other comprehensive income (loss) (AOCI) by component, net of tax, are summarized below (in millions): Foreign Currency Translation Adjustments Defined Benefit Obligation Adjustments Unrealized Gains on Available- for-Sale Securities Unrealized Gains (Losses) on Derivative Instruments Total Balance as of April 29, 2016 $ (19 ) $ (16 ) $ 6 $ (2 ) $ (31 ) OCI before reclassifications, net of tax (6 ) — 3 3 — Amounts reclassified from AOCI, net of tax — — — — — Total OCI (6 ) — 3 3 — Balance as of July 29, 2016 $ (25 ) $ (16 ) $ 9 $ 1 $ (31 ) The amounts reclassified out of AOCI are as follows (in millions): Three Months Ended July 29, 2016 July 31, 2015 Amounts Reclassified from AOCI Statements of Operations Location Recognized losses on defined benefit obligations $ — $ 1 Operating expenses Realized losses on cash flow hedges — 1 Net revenues Total reclassifications $ — $ 2

Derivatives and Hedging Activit

Derivatives and Hedging Activities	3 Months Ended
	Jul. 29, 2016
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 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 the terms of the agreement. 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 29, 2016 and April 29, 2016. We did not recognize any gains and losses in earnings due to hedge ineffectiveness for any period presented. All contracts have a maturity of less than six months. The notional amount of our outstanding U.S. dollar equivalent foreign currency exchange forward contracts consisted of the following (in millions): July 29, 2016 April 29, 2016 Cash Flow Hedges Forward contracts purchased $ 95 $ 99 Balance Sheet Contracts Forward contracts sold $ 157 $ 160 Forward contracts purchased $ 227 $ 396 The effect of derivative instruments designated as cash flow hedges recognized in net revenues on our condensed consolidated statements of operations is presented in the condensed consolidated statements of comprehensive income (loss) and Note 9 – Stockholders’ Equity. The effect of derivative instruments not designated as hedging instruments recognized in other income (expense), net on our condensed consolidated statements of operations was as follows (in millions): Three Months Ended July 29, 2016 July 31, 2015 Gain (Loss) Recognized into Income Foreign currency exchange contracts $ 4 $ (7 )

Restructuring and Other Charges

Restructuring and Other Charges	3 Months Ended
	Jul. 29, 2016
Restructuring And Related Activities [Abstract]
Restructuring and Other Charges	11. Restructuring and Other Charges During fiscal 2016, management approved two restructuring actions to streamline our business, eliminate costs and redirect resources to our highest return activities. These actions consisted of the May 2015 Plan and the March 2016 Plan, under which we reduced our global workforce by an aggregate of approximately 14%. These plans have been substantially completed as of July 29, 2016. Restructuring and other charges related to these plans consisted primarily of employee severance-related costs. Activities related to the fiscal 2016 restructuring actions are summarized as follows (in millions): Three Months Ended Three Months Ended July 29, 2016 July 31, 2015 Balance at beginning of period $ 45 $ — Net charges — 27 Cash payments (36 ) (11 ) Balance at end of period $ 9 $ 16

Income Taxes

Income Taxes	3 Months Ended
	Jul. 29, 2016
Income Tax Disclosure [Abstract]
Income Taxes	12. Income Taxes Our effective tax rates for the periods presented were as follows: Three Months Ended July 29, 2016 July 31, 2015 Effective tax rates 30.4 % (36.4 )% Our effective tax rates reflect the impact of a significant amount of our earnings, primarily income from our European operations which are headquartered in the Netherlands, being taxed in foreign jurisdictions at rates below the U.S. statutory tax rate. The differences in effective tax rates for the three months ended July 29, 2016 and July 31, 2015 were mainly a result of differences in year-to-date profits before tax, primarily the loss reported in the prior year, and the impacts of discrete events as described below. During the three months ended July 29, 2016, we adopted a new accounting standard that simplifies stock-based compensation income tax accounting and presentation within the financial statements. During the three months ended July 29, 2016, we recorded a discrete charge of $13 million following the post-adoption rules which require that all excess tax benefits and deficiencies from stock-based compensation be recognized as a component of income tax expense. See Note 1 – Description of Business and Significant Accounting Policies for more details regarding the adoption of this accounting standard. In June 2015, the Internal Revenue Service (IRS) signed a closing agreement on our fiscal 2008 to 2010 transfer pricing arrangements. During the three months ended July 31, 2015, we recorded discrete charges totaling $13 million attributable to the transfer pricing audit adjustment and related re-measurement of uncertain tax positions for tax years subject to future audits. A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in millions): Three Months Ended July 29, 2016 July 31, 2015 Balance at beginning of period $ 216 $ 272 Additions based on tax positions related to the current year 2 4 Additions for tax positions of prior years — 19 Decreases for tax positions of prior years — (5 ) Settlements — (47 ) Balance at end of period $ 218 $ 243 As of July 29, 2016, we had $218 million of gross unrecognized tax benefits, of which $149 million has been recorded in other long-term liabilities. Unrecognized tax benefits of $154 million, including penalties, interest and indirect benefits, would affect our provision for income taxes if recognized. We are currently undergoing income tax audits in the United States (U.S.) and several foreign tax jurisdictions. Transfer pricing calculations are key issues under audits in various jurisdictions, and are often subject to dispute and appeals. The IRS has concluded the examination of our federal income tax returns for our fiscal years through 2010. The IRS commenced the examination of our federal income tax returns for our fiscal years 2012 and 2013 in August 2016. On September 17, 2010, the Danish Tax Authorities issued a decision concluding that distributions declared in 2005 and 2006 from our Danish subsidiary were subject to Danish at-source dividend withholding tax. We do not believe that our Danish subsidiary is liable for withholding tax and filed an appeal with the Danish Tax Tribunal to that effect. On December 19, 2011, the Danish Tax Tribunal issued a ruling that our Danish subsidiary was not liable for Danish withholding tax. The Danish tax examination agency appealed to the Danish High Court in March 2012. In February 2016, the Danish High Court referred the case to the European Court of Justice. 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.

Net Income (Loss) per Share

Net Income (Loss) per Share	3 Months Ended
	Jul. 29, 2016
Earnings Per Share [Abstract]
Net Income (Loss) per Share	13. Net Income (Loss) per Share The following is a calculation of basic and diluted net income (loss) per share (in millions, except per share amounts): Three Months Ended July 29, 2016 July 31, 2015 Numerator: Net income (loss) $ 64 $ (30 ) Denominator: Shares used in basic computation 279 304 Dilutive impact of employee equity award plans 3 — Shares used in diluted computation 282 304 Net Income (Loss) per Share: Basic $ 0.23 $ (0.10 ) Diluted $ 0.23 $ (0.10 ) We have excluded 15 million and 31 million weighted-average shares of common stock potentially issuable under employee equity award plans in the three months ended July 29, 2016 and July 31, 2015, respectively, from the diluted net income (loss) per share calculations as their effect would have been anti-dilutive.

Segment, Geographic, and Signif

Segment, Geographic, and Significant Customer Information	3 Months Ended
	Jul. 29, 2016
Segment Reporting [Abstract]
Segment, Geographic, and Significant Customer Information	14. Segment, Geographic, and Significant Customer Information We operate in one industry segment: the design, manufacturing, marketing, and technical support of high-performance storage and data management solutions. We conduct business globally, and our sales and support activities are managed on a geographic basis. Our management reviews financial information presented on a consolidated basis, accompanied by disaggregated information it receives from our internal management system about revenues by geographic region, based on the location from which the customer relationship is managed, for purposes of allocating resources and evaluating financial performance. We do not allocate costs of revenues, research and development, sales and marketing, or general and administrative expenses to our geographic regions in this internal management reporting because management does not review operations or operating results, or make planning decisions, below the consolidated entity level. Summarized revenues by geographic region based on information from our internal management system and utilized by our Chief Executive Officer, who is considered our Chief Operating Decision Maker, is as follows (in millions): Three Months Ended July 29, 2016 July 31, 2015 United States, Canada and Latin America (Americas) $ 736 $ 745 Europe, Middle East and Africa (EMEA) 387 415 Asia Pacific (APAC) 171 175 Net revenues $ 1,294 $ 1,335 Americas revenues consist of sales to Americas commercial and U.S. public sector markets. Sales to customers inside the U.S. were $666 million and $665 million during the three months ended July 29, 2016 and July 31, 2015, 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 29, 2016 April 29, 2016 U.S. $ 565 $ 513 International 3,856 4,790 Total $ 4,421 $ 5,303 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 29, 2016 April 29, 2016 U.S. $ 772 $ 797 International 170 140 Total $ 942 $ 937 The following customers, each of which is a distributor, accounted for 10% or more of our net revenues: Three Months Ended July 29, 2016 July 31, 2015 Arrow Electronics, Inc. 20 % 22 % Avnet, Inc. 19 % 18 % The following customers accounted for 10% or more of accounts receivable: July 29, 2016 April 29, 2016 Arrow Electronics, Inc. 12 % 12 % Avnet, Inc. 11 % 15 %

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Jul. 29, 2016
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	15. Commitments and Contingencies Operating Leases We lease various equipment, vehicles and office space in the U.S. and internationally. Future annual minimum lease payments under non-cancelable operating leases with an initial term in excess of one year totaled $258 million as of July 29, 2016. Purchase Orders and Other Commitments In the ordinary course of business, we make commitments to third-party contract manufacturers 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 29, 2016, we had $249 million 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 29, 2016 and April 29, 2016, such liability amounted to $5 million and $7 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 29, 2016, we had $41 million in construction related obligations and $246 million 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 $76 million and $42 million of receivables during the three months ended July 29, 2016 and July 31, 2015, 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, we defer revenues subject to the industry-specific software revenue recognition guidance and recognize revenues for non-software deliverables in accordance with our multiple deliverable revenue arrangement policy. In connection with certain recourse financing arrangements, we receive advance payments associated with undelivered elements that are subject to customer refund rights. As of July 29, 2016 and April 29, 2016, 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 29, 2016, we have not been required to make any significant 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. No accrual has been recorded as of July 29, 2016 related to such matters as they are not probable and/or reasonably estimable.

Description of Business and S22

Description of Business and Significant Accounting Policies (Policies)	3 Months Ended
	Jul. 29, 2016
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 year 2017, ending on April 28, 2017, is a 52-week year, with 13 weeks in each of its quarters. Fiscal year 2016, which ended on April 29, 2016, was a 53-week year, with 14 weeks in its first quarter and 13 weeks in each subsequent 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 (loss) and cash flows 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 29, 2016 contained in our Annual Report on Form 10-K. The results of operations for the three months ended July 29, 2016 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 and purchase order accruals; valuation of goodwill and intangibles; restructuring reserves; product warranties; employee benefit accruals; stock-based compensation; loss contingencies; investment impairments; income taxes and fair value measurements. Actual results could differ materially from those estimates.
Accounting Change	Accounting Change – In the three months ended July 29, 2016, we early adopted a new accounting standards update that the Financial Accounting Standards Board (FASB) issued in March 2016 that simplifies the accounting for certain aspects of stock-based payments to employees. The new standard requires that certain amendments relevant to us be applied using a modified-retrospective transition method by means of a cumulative-effect adjustment to retained earnings as of the beginning of the period in which the guidance is adopted. In connection with the adoption, we elected to account for forfeitures as they occur and the cumulative-effect impact of that change in accounting policy was a $7 million increase in retained earnings and a corresponding decrease in additional paid-in capital as of April 30, 2016. We also recorded a $3 million cumulative-effect adjustment decrease to retained earnings and a related decrease in deferred tax assets related to the forfeiture rate policy change on outstanding stock-based awards as of April 30, 2016. The standard also eliminates the requirement that excess tax benefits be realized before companies can recognize them. Accordingly, we recorded a $17 million cumulative-effect adjustment increase in retained earnings and an offsetting increase in deferred tax assets for previously unrecognized excess tax benefits as of April 30, 2016. The new standard eliminated the requirement to report excess tax benefits and certain tax deficiencies related to share-based payment transactions as additional paid-in capital. As a result, we recognized $13 million of tax deficiencies in our provision for income taxes, rather than additional paid–in capital, for the three months ended July 29, 2016. We elected to report cash flows related to excess tax benefits on a prospective basis. The presentation requirements for cash flows related to employee taxes paid for withheld shares had no impact to our statements of cash flows since such cash flows have historically been presented as a financing activity. There have been no other significant changes in our significant accounting policies as of and for the three months ended July 29, 2016, as compared to the significant accounting policies described in our Annual Report on Form 10-K for the fiscal year ended April 29, 2016.
Accounting Standards on Transfers of Financial Assets	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 $76 million and $42 million of receivables during the three months ended July 29, 2016 and July 31, 2015, respectively.
Revenue Recognition	Where we provide a guarantee for recourse leases, we defer revenues subject to the industry-specific software revenue recognition guidance and recognize revenues for non-software deliverables in accordance with our multiple deliverable revenue arrangement policy. In connection with certain recourse financing arrangements, we receive advance payments associated with undelivered elements that are subject to customer refund rights.
Debt	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 .

Statements of Cash Flows Addi23

Statements of Cash Flows Additional Information (Tables)	3 Months Ended
	Jul. 29, 2016
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flows and Non-Cash Investing Activities	Non-cash investing activities and supplemental cash flow information are as follows (in millions): Three Months Ended July 29, 2016 July 31, 2015 Non-cash Investing Activities: Capital expenditures incurred but not paid $ 38 $ 13 Supplemental Cash Flow Information: Income taxes paid, net of refunds $ 62 $ 40 Interest paid $ 23 $ 20

Purchased Intangible Assets, 24

Purchased Intangible Assets, Net (Tables)	3 Months Ended
	Jul. 29, 2016
Goodwill And Intangible Assets Disclosure [Abstract]
Purchased Intangible Assets, Net	Purchased intangible assets, net are summarized below (in millions): July 29, 2016 April 29, 2016 Gross Accumulated Net Gross Accumulated Net Assets Amortization Assets Assets Amortization Assets Developed technology $ 129 $ (21 ) $ 108 $ 403 $ (289 ) $ 114 Customer contracts/relationships 43 (8 ) 35 46 (7 ) 39 Other purchased intangibles 9 (2 ) 7 10 (2 ) 8 Total intangible assets subject to amortization 181 (31 ) 150 459 (298 ) 161 In-process research and development 19 — 19 19 — 19 Total purchased intangible assets $ 200 $ (31 ) $ 169 $ 478 $ (298 ) $ 180
Amortization Expense for Purchased Intangible Assets	Amortization expense for purchased intangible assets is summarized below (in millions): Three Months Ended Statement of July 29, 2016 July 31, 2015 Operations Classifications Developed technology $ 6 $ 14 Cost of revenues Customer contracts/relationships 4 — Operating expenses Other purchased intangibles 1 — Operating expenses Total $ 11 $ 14
Future Amortization Expense Related to Purchased Intangible Assets	As of July 29, 2016, future amortization expense related to purchased intangible assets subject to amortization is as follows (in millions): Fiscal Year Amount Remainder of 2017 $ 34 2018 43 2019 35 2020 23 2021 15 Total $ 150

Balance Sheet Details (Tables)

Balance Sheet Details (Tables)	3 Months Ended
	Jul. 29, 2016
Statement Of Financial Position [Abstract]
Cash and Cash Equivalents	Cash and cash equivalents (in millions): July 29, 2016 April 29, 2016 Cash $ 2,121 $ 2,714 Cash equivalents 173 154 Cash and cash equivalents $ 2,294 $ 2,868
Inventories	Inventories (in millions): July 29, 2016 April 29, 2016 Purchased components $ 11 $ 10 Finished goods 70 88 Inventories $ 81 $ 98
Property and Equipment, Net	Property and equipment, net (in millions): July 29, 2016 April 29, 2016 Land $ 215 $ 215 Buildings and improvements 605 605 Leasehold improvements 106 106 Computer, production, engineering and other equipment 744 751 Computer software 352 352 Furniture and fixtures 88 88 Construction-in-progress 108 74 2,218 2,191 Accumulated depreciation and amortization (1,276 ) (1,254 ) Property and equipment, net $ 942 $ 937
Other Non-Current Assets	Other non-current assets (in millions): July 29, 2016 April 29, 2016 Deferred tax assets $ 599 $ 621 Other assets 178 175 Other non-current assets $ 777 $ 796
Accrued Expenses	Accrued expenses (in millions): July 29, 2016 April 29, 2016 Accrued compensation and benefits $ 239 $ 371 Product warranty liability 40 48 Other current liabilities 282 346 Accrued expenses $ 561 $ 765
Product Warranty Liabilities	The following tables summarize the activity related to product warranty liabilities and their balances as reported in our condensed consolidated balance sheets (in millions): Three Months Ended July 29, 2016 July 31, 2015 Balance at beginning of period $ 70 $ 86 Expense accrued during the period 4 9 Warranty costs incurred (13 ) (14 ) Balance at end of period $ 61 $ 81 July 29, 2016 April 29, 2016 Accrued expenses $ 40 $ 48 Other long-term liabilities 21 22 Total warranty liabilities $ 61 $ 70
Deferred Revenue and Financed Unearned Services Revenue	Deferred revenue and financed unearned services revenue (in millions): July 29, 2016 April 29, 2016 Deferred product revenue $ 63 $ 68 Deferred services revenue 3,017 3,100 Financed unearned services revenue 220 217 Total $ 3,300 $ 3,385 Reported as: Short-term $ 1,724 $ 1,794 Long-term 1,576 1,591 Total $ 3,300 $ 3,385

Other Income (Expense), Net (Ta

Other Income (Expense), Net (Tables)	3 Months Ended
	Jul. 29, 2016
Nonoperating Income Expense [Abstract]
Other Income (Expense), Net	Other income (expense), net consists of the following (in millions): Three Months Ended July 29, 2016 July 31, 2015 Interest income $ 11 $ 13 Interest expense (15 ) (11 ) Other income, net 3 2 Total other income (expense), net $ (1 ) $ 4

Financial Instruments and Fai27

Financial Instruments and Fair Value Measurements (Tables)	3 Months Ended
	Jul. 29, 2016
Investments Debt And Equity Securities [Abstract]
Summary of Investments	The following is a summary of our investments (in millions): July 29, 2016 April 29, 2016 Cost or Estimated Cost or Estimated Amortized Gross Unrealized Fair Amortized Gross Unrealized Fair Cost Gains Losses Value Cost Gains Losses Value Corporate bonds $ 1,251 $ 7 $ — $ 1,258 $ 1,370 $ 5 $ (1 ) $ 1,374 U.S. Treasury and government debt securities 634 2 — 636 878 2 — 880 Foreign government debt securities 32 — — 32 35 — — 35 Commercial paper 266 — — 266 202 — — 202 Certificates of deposit 108 — — 108 98 — — 98 Mutual funds 32 — — 32 30 — — 30 Total debt and equity securities $ 2,323 $ 9 $ - $ 2,332 $ 2,613 $ 7 $ (1 ) $ 2,619
Contractual Maturities of Debt Investments	The following table presents the contractual maturities of our debt investments as of July 29, 2016 (in millions): Amortized Cost Fair Value Due in one year or less $ 955 $ 956 Due after one year through five years 1,336 1,344 $ 2,291 $ 2,300
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 29, 2016 Fair Value Measurements at Reporting Date Using Total Level 1 Level 2 Cash $ 2,121 $ 2,121 $ — Corporate bonds 1,258 — 1,258 U.S. Treasury and government debt securities 636 208 428 Foreign government debt securities 32 — 32 Commercial paper 266 — 266 Certificates of deposit 108 — 108 Total cash, cash equivalents and short-term investments $ 4,421 $ 2,329 $ 2,092 Other items: Mutual funds (1) $ 6 $ 6 $ — Mutual funds (2) $ 26 $ 26 $ — Foreign currency exchange contracts assets (1) $ 3 $ — $ 3 Foreign currency exchange contracts liabilities (3) $ (2 ) $ — $ (2 ) (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. 29, 2016
Debt Disclosure [Abstract]
Carrying Value of Long-Term Debt	The following table summarizes information relating to our long-term debt (in millions, except interest rates): July 29, 2016 April 29, 2016 Effective Effective Amount Interest Rate Amount Interest Rate 2.00% Senior Notes Due 2017 $ 750 2.25 % $ 750 2.25 % 3.375% Senior Notes Due 2021 500 3.54 % 500 3.54 % 3.25% Senior Notes Due 2022 250 3.43 % 250 3.43 % Total principal amount 1,500 1,500 Unamortized discount and issuance costs (9 ) (10 ) Total long-term debt $ 1,491 $ 1,490
Future Principal Debt Maturities	As of July 29, 2016, our aggregate future principal debt maturities are as follows (in millions): Fiscal Year Amount 2018 $ 750 Thereafter 750 Total $ 1,500

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Jul. 29, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Activity Related to Stock Options	The following table summarizes information related to our stock options (in millions, except exercise price and contractual term): Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Outstanding as of April 29, 2016 9 $ 34.01 Forfeited and expired (2 ) $ 39.39 Outstanding as of July 29, 2016 7 $ 33.75 3.42 $ 29 Exercisable as of July 29, 2016 5 $ 39.29 2.22 $ 5
Additional Information Related to Stock Options	Additional information related to our stock options is summarized below (in millions): Three Months Ended July 29, 2016 July 31, 2015 Intrinsic value of exercises $ 3 $ 3 Proceeds received from exercises $ 1 $ 7 Fair value of options vested $ 5 $ 6
Activity Related to Restricted Stock Units Including Performance-Based Restricted Stock Units	The following table summarizes information related to RSUs, including PBRSUs, (in millions, except for fair value): Number of Shares Weighted- Average Grant Date Fair Value Outstanding as of April 29, 2016 13 $ 32.46 Granted 4 $ 23.66 Vested (4 ) $ 32.74 Forfeited (1 ) $ 33.41 Outstanding as of July 29, 2016 12 $ 28.88
Number and Value of the Shares Netted for Employee Taxes	The number and value of the shares netted for employee taxes are summarized in the table below (in millions): Three Months Ended July 29, 2016 July 31, 2015 Shares withheld for taxes 1 1 Fair value of shares withheld $ 33 $ 38
Schedule of Employee Stock Purchase Plan (ESPP) Disclosures	The following table summarizes activity related to the purchase rights issued under the ESPP (in millions): Three Months Ended July 29, 2016 July 31, 2015 Shares issued under the ESPP 2 2 Proceeds from issuance of shares $ 42 $ 50
Stock-Based Compensation Expense	Stock-based compensation expense is included in the condensed consolidated statements of operations as follows (in millions): Three Months Ended July 29, 2016 July 31, 2015 Cost of product revenues $ 1 $ 2 Cost of hardware maintenance and other services revenues 4 6 Sales and marketing 23 31 Research and development 15 26 General and administrative 9 12 Total stock-based compensation expense $ 52 $ 77
Summary of Activities Related to Stock Repurchase Program	The following table summarizes activity related to this program for the three months ended July 29, 2016 (in millions, except per share amounts): Number of shares repurchased 7 Average price per share $ 24.20 Aggregate purchase price $ 175 Remaining authorization at end of period $ 1,324
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 29, 2016 July 31, 2015 Dividends per share declared $ 0.19 $ 0.18 Dividend payments allocated to additional paid-in capital $ 50 $ 54 Dividend payments allocated to retained earnings $ 3 $ —
Reconciliation of Retained Earnings	A reconciliation of retained earnings is as follows (in millions): Balance as of April 29, 2016 $ — Cumulative-effect of new accounting principle 21 Net income 64 Repurchases of common stock (82 ) Dividends (3 ) Balance as of July 29, 2016 $ —
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 Currency Translation Adjustments Defined Benefit Obligation Adjustments Unrealized Gains on Available- for-Sale Securities Unrealized Gains (Losses) on Derivative Instruments Total Balance as of April 29, 2016 $ (19 ) $ (16 ) $ 6 $ (2 ) $ (31 ) OCI before reclassifications, net of tax (6 ) — 3 3 — Amounts reclassified from AOCI, net of tax — — — — — Total OCI (6 ) — 3 3 — Balance as of July 29, 2016 $ (25 ) $ (16 ) $ 9 $ 1 $ (31 )
Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss)	The amounts reclassified out of AOCI are as follows (in millions): Three Months Ended July 29, 2016 July 31, 2015 Amounts Reclassified from AOCI Statements of Operations Location Recognized losses on defined benefit obligations $ — $ 1 Operating expenses Realized losses on cash flow hedges — 1 Net revenues Total reclassifications $ — $ 2

Derivatives and Hedging Activ30

Derivatives and Hedging Activities (Tables)	3 Months Ended
	Jul. 29, 2016
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 29, 2016 April 29, 2016 Cash Flow Hedges Forward contracts purchased $ 95 $ 99 Balance Sheet Contracts Forward contracts sold $ 157 $ 160 Forward contracts purchased $ 227 $ 396
Schedule of Derivative Instruments Not Designated as Hedging Instruments	The effect of derivative instruments not designated as hedging instruments recognized in other income (expense), net on our condensed consolidated statements of operations was as follows (in millions): Three Months Ended July 29, 2016 July 31, 2015 Gain (Loss) Recognized into Income Foreign currency exchange contracts $ 4 $ (7 )

Restructuring and Other Charg31

Restructuring and Other Charges (Tables)	3 Months Ended
	Jul. 29, 2016
Restructuring And Related Activities [Abstract]
Activities Related to Restructuring Reserves	Activities related to the fiscal 2016 restructuring actions are summarized as follows (in millions): Three Months Ended Three Months Ended July 29, 2016 July 31, 2015 Balance at beginning of period $ 45 $ — Net charges — 27 Cash payments (36 ) (11 ) Balance at end of period $ 9 $ 16

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Jul. 29, 2016
Income Tax Disclosure [Abstract]
Effective Tax Rates	Our effective tax rates for the periods presented were as follows: Three Months Ended July 29, 2016 July 31, 2015 Effective tax rates 30.4 % (36.4 )%
Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in millions): Three Months Ended July 29, 2016 July 31, 2015 Balance at beginning of period $ 216 $ 272 Additions based on tax positions related to the current year 2 4 Additions for tax positions of prior years — 19 Decreases for tax positions of prior years — (5 ) Settlements — (47 ) Balance at end of period $ 218 $ 243

Net Income (Loss) per Share (Ta

Net Income (Loss) per Share (Tables)	3 Months Ended
	Jul. 29, 2016
Earnings Per Share [Abstract]
Computation of Basic and Diluted Net Income (Loss) Per Share	The following is a calculation of basic and diluted net income (loss) per share (in millions, except per share amounts): Three Months Ended July 29, 2016 July 31, 2015 Numerator: Net income (loss) $ 64 $ (30 ) Denominator: Shares used in basic computation 279 304 Dilutive impact of employee equity award plans 3 — Shares used in diluted computation 282 304 Net Income (Loss) per Share: Basic $ 0.23 $ (0.10 ) Diluted $ 0.23 $ (0.10 )

Segment, Geographic, and Sign34

Segment, Geographic, and Significant Customer Information (Tables)	3 Months Ended
	Jul. 29, 2016
Segment Reporting [Abstract]
Schedule of Revenues by Geographic Region	Summarized revenues by geographic region based on information from our internal management system and utilized by our Chief Executive Officer, who is considered our Chief Operating Decision Maker, is as follows (in millions): Three Months Ended July 29, 2016 July 31, 2015 United States, Canada and Latin America (Americas) $ 736 $ 745 Europe, Middle East and Africa (EMEA) 387 415 Asia Pacific (APAC) 171 175 Net revenues $ 1,294 $ 1,335
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 29, 2016 April 29, 2016 U.S. $ 565 $ 513 International 3,856 4,790 Total $ 4,421 $ 5,303
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 29, 2016 April 29, 2016 U.S. $ 772 $ 797 International 170 140 Total $ 942 $ 937
Schedule of Revenues from Significant Customers	The following customers, each of which is a distributor, accounted for 10% or more of our net revenues: Three Months Ended July 29, 2016 July 31, 2015 Arrow Electronics, Inc. 20 % 22 % Avnet, Inc. 19 % 18 %
Schedule of Net Accounts Receivable from Significant Customers	The following customers accounted for 10% or more of accounts receivable: July 29, 2016 April 29, 2016 Arrow Electronics, Inc. 12 % 12 % Avnet, Inc. 11 % 15 %

Description of Business and S35

Description of Business and Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Accounting Policies [Abstract]
Provision for income taxes	$ 28	$ 8
Accounting Standards Update 2016-09
Accounting Policies [Abstract]
Provision for income taxes	13
Accounting Standards Update 2016-09 | Account for Forfeitures As Occur
Accounting Policies [Abstract]
Cumulative-effect impact to retained earnings	7
Accounting Standards Update 2016-09 | Forfeiture Rate Policy Change On Outstanding Stock Based Awards
Accounting Policies [Abstract]
Cumulative-effect adjustment to retained earnings	(3)
Accounting Standards Update 2016-09 | Previously Unrecognized Tax Benefits
Accounting Policies [Abstract]
Cumulative-effect adjustment to retained earnings	$ 17

Statements of Cash Flows Addi36

Statements of Cash Flows Additional Information - Supplemental Cash Flows and Non Cash Investing Activities (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Non-cash Investing Activities:
Capital expenditures incurred but not paid	$ 38	$ 13
Supplemental Cash Flow Information:
Income taxes paid, net of refunds	62	40
Interest paid	$ 23	$ 20

Purchased Intangible Assets, 37

Purchased Intangible Assets, Net - Purchased Intangible Assets, Net (Detail) - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Acquired Finite Lived Intangible Assets [Line Items]
Gross Assets	$ 200	$ 478
Accumulated Amortization	(31)	(298)
Net Assets	169	180
Developed Technology
Acquired Finite Lived Intangible Assets [Line Items]
Gross Assets	129	403
Accumulated Amortization	(21)	(289)
Net Assets	108	114
Customer Contracts/Relationships
Acquired Finite Lived Intangible Assets [Line Items]
Gross Assets	43	46
Accumulated Amortization	(8)	(7)
Net Assets	35	39
Other Purchased Intangibles
Acquired Finite Lived Intangible Assets [Line Items]
Gross Assets	9	10
Accumulated Amortization	(2)	(2)
Net Assets	7	8
Intangible Assets Subject to Amortization
Acquired Finite Lived Intangible Assets [Line Items]
Gross Assets	181	459
Accumulated Amortization	(31)	(298)
Net Assets	150	161
In Process Research and Development
Acquired Finite Lived Intangible Assets [Line Items]
Gross Assets	19	19
Accumulated Amortization	0	0
Net Assets	$ 19	$ 19

Purchased Intangible Assets, 38

Purchased Intangible Assets, Net - Amortization Expense for Purchased Intangible Assets (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Acquired Finite Lived Intangible Assets [Line Items]
Amortization expense	$ 11	$ 14
Cost of revenues | Developed Technology
Acquired Finite Lived Intangible Assets [Line Items]
Amortization expense	6	14
Operating expenses | Customer Contracts/Relationships
Acquired Finite Lived Intangible Assets [Line Items]
Amortization expense	4	0
Operating expenses | Other Purchased Intangibles
Acquired Finite Lived Intangible Assets [Line Items]
Amortization expense	$ 1	$ 0

Purchased Intangible Assets, 39

Purchased Intangible Assets, Net - Future Amortization Expense Related to Purchased Intangible Assets (Detail) - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Acquired Finite Lived Intangible Assets [Line Items]
Net Assets	$ 169	$ 180
Intangible Assets Subject to Amortization
Acquired Finite Lived Intangible Assets [Line Items]
Remainder of 2017	34
2,018	43
2,019	35
2,020	23
2,021	15
Net Assets	$ 150	$ 161

Balance Sheet Details - Cash an

Balance Sheet Details - Cash and Cash Equivalents (Detail) - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016	Jul. 31, 2015	Apr. 24, 2015
Cash And Cash Equivalents [Abstract]
Cash	$ 2,121	$ 2,714
Cash equivalents	173	154
Cash and cash equivalents	$ 2,294	$ 2,868	$ 2,324	$ 1,922

Balance Sheet Details - Invento

Balance Sheet Details - Inventories (Detail) - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Inventory Disclosure [Abstract]
Purchased components	$ 11	$ 10
Finished goods	70	88
Inventories	$ 81	$ 98

Balance Sheet Details - Propert

Balance Sheet Details - Property and Equipment Net (Detail) - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Property Plant And Equipment [Line Items]
Property and equipment, gross	$ 2,218	$ 2,191
Accumulated depreciation and amortization	(1,276)	(1,254)
Property and equipment, net	942	937
Land
Property Plant And Equipment [Line Items]
Property and equipment, gross	215	215
Buildings and improvements
Property Plant And Equipment [Line Items]
Property and equipment, gross	605	605
Leasehold improvements
Property Plant And Equipment [Line Items]
Property and equipment, gross	106	106
Computer, production, engineering and other equipment
Property Plant And Equipment [Line Items]
Property and equipment, gross	744	751
Computer software
Property Plant And Equipment [Line Items]
Property and equipment, gross	352	352
Furniture and fixtures
Property Plant And Equipment [Line Items]
Property and equipment, gross	88	88
Construction-in-progress
Property Plant And Equipment [Line Items]
Property and equipment, gross	$ 108	$ 74

Balance Sheet Details - Other N

Balance Sheet Details - Other Non-Current Assets (Detail) - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Deferred tax assets	$ 599	$ 621
Other assets	178	175
Other non-current assets	$ 777	$ 796

Balance Sheet Details - Accrued

Balance Sheet Details - Accrued expenses (Detail) - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Payables And Accruals [Abstract]
Accrued compensation and benefits	$ 239	$ 371
Product warranty liability	40	48
Other current liabilities	282	346
Accrued expenses	$ 561	$ 765

Balance Sheet Details - Product

Balance Sheet Details - Product Warranty Liabilities (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015	Jul. 29, 2016	Apr. 29, 2016
Movement In Standard Product Warranty Accrual [Roll Forward]
Balance at beginning of period	$ 70	$ 86
Expense accrued during the period	4	9
Warranty costs incurred	(13)	(14)
Balance at end of period	61	81
Standard Product Warranty Accrual, Balance Sheet Classification [Abstract]
Accrued expenses			$ 40	$ 48
Other long-term liabilities			21	22
Total warranty liabilities	$ 70	$ 86	$ 61	$ 70

Balance Sheet Details - Deferre

Balance Sheet Details - Deferred Revenue and Financed Unearned Services Revenue (Detail) - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Deferred Revenue And Credits [Line Items]
Deferred revenue and financed unearned services revenue	$ 3,300	$ 3,385
Short-term	1,724	1,794
Long-term	1,576	1,591
Deferred product revenue
Deferred Revenue And Credits [Line Items]
Deferred revenue and financed unearned services revenue	63	68
Deferred services revenue
Deferred Revenue And Credits [Line Items]
Deferred revenue and financed unearned services revenue	3,017	3,100
Financed unearned services revenue
Deferred Revenue And Credits [Line Items]
Deferred revenue and financed unearned services revenue	$ 220	$ 217

Other Income (Expense), Net (De

Other Income (Expense), Net (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Nonoperating Income Expense [Abstract]
Interest income	$ 11	$ 13
Interest expense	(15)	(11)
Other income, net	3	2
Total other income (expense), net	$ (1)	$ 4

Financial Instruments and Fai48

Financial Instruments and Fair Value Measurements - Summary of Investments (Detail) - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Schedule of Available-for-sale Securities [Line Items]
Cost or amortized cost	$ 2,323	$ 2,613
Gross unrealized gains	9	7
Gross unrealized losses	0	(1)
Estimated fair value	2,332	2,619
Corporate Bonds
Schedule of Available-for-sale Securities [Line Items]
Cost or amortized cost	1,251	1,370
Gross unrealized gains	7	5
Gross unrealized losses	0	(1)
Estimated fair value	1,258	1,374
U.S. Treasury and Government Debt Securities
Schedule of Available-for-sale Securities [Line Items]
Cost or amortized cost	634	878
Gross unrealized gains	2	2
Gross unrealized losses	0	0
Estimated fair value	636	880
Foreign Government Debt Securities
Schedule of Available-for-sale Securities [Line Items]
Cost or amortized cost	32	35
Gross unrealized gains	0	0
Gross unrealized losses	0	0
Estimated fair value	32	35
Commercial Paper
Schedule of Available-for-sale Securities [Line Items]
Cost or amortized cost	266	202
Gross unrealized gains	0	0
Gross unrealized losses	0	0
Estimated fair value	266	202
Certificates of Deposit
Schedule of Available-for-sale Securities [Line Items]
Cost or amortized cost	108	98
Gross unrealized gains	0	0
Gross unrealized losses	0	0
Estimated fair value	108	98
Mutual Funds
Schedule of Available-for-sale Securities [Line Items]
Cost or amortized cost	32	30
Gross unrealized gains	0	0
Gross unrealized losses	0	0
Estimated fair value	$ 32	$ 30

Financial Instruments and Fai49

Financial Instruments and Fair Value Measurements - Contractual Maturities of Debt Investments (Detail) $ in Millions	Jul. 29, 2016USD ($)
Investments Debt And Equity Securities [Abstract]
Due in one year or less, Amortized Cost	$ 955
Due after one year through five years, Amortized Cost	1,336
Total, Amortized Cost	2,291
Due in one year or less, Estimated Fair Value	956
Due after one year through five years, Estimated Fair Value	1,344
Total, Estimated Fair Value	$ 2,300

Financial Instruments and Fai50

Financial Instruments and Fair Value Measurements - Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) $ in Millions	Jul. 29, 2016USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	$ 4,421
Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency exchange contracts assets	3	[1]
Accrued Expenses
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency exchange contracts liabilities	(2)	[2]
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2,329
Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency exchange contracts assets	0	[1]
Quoted Prices in Active Markets for Identical Assets (Level 1) | Accrued Expenses
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency exchange contracts liabilities	0	[2]
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2,092
Significant Other Observable Inputs (Level 2) | Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency exchange contracts assets	3	[1]
Significant Other Observable Inputs (Level 2) | Accrued Expenses
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency exchange contracts liabilities	(2)	[2]
Cash
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2,121
Cash | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2,121
Cash | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0
Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	1,258
Corporate Bonds | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0
Corporate Bonds | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	1,258
U.S. Treasury and Government Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	636
U.S. Treasury and Government Debt Securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	208
U.S. Treasury and Government Debt Securities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	428
Foreign Government Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	32
Foreign Government Debt Securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0
Foreign Government Debt Securities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	32
Commercial Paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	266
Commercial Paper | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0
Commercial Paper | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	266
Certificates of Deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	108
Certificates of Deposit | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0
Certificates of Deposit | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	108
Mutual Funds | Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	6	[1]
Mutual Funds | Other Noncurrent Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	26	[3]
Mutual Funds | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	6	[1]
Mutual Funds | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Noncurrent Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	26	[3]
Mutual Funds | Significant Other Observable Inputs (Level 2) | Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	[1]
Mutual Funds | Significant Other Observable Inputs (Level 2) | Other Noncurrent Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	$ 0	[3]
[1]	Reported as other current assets in the condensed consolidated balance sheets
[2]	Reported as accrued expenses in the condensed consolidated balance sheets
[3]	Reported as other non-current assets in the condensed consolidated balance sheets

Financial Instruments and Fai51

Financial Instruments and Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Instrument, Fair Value Disclosure	$ 1,517	$ 1,519

Financing Arrangements - Carryi

Financing Arrangements - Carrying Value of Long-Term Debt (Detail) - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Debt Instrument [Line Items]
Total long-term debt	$ 1,491	$ 1,490
Senior Notes
Debt Instrument [Line Items]
Total principal amount	1,500	1,500
Unamortized discount and issuance costs	(9)	(10)
Senior Notes | Due 2017
Debt Instrument [Line Items]
Total principal amount	$ 750	$ 750
Debt Instrument, Effective Interest Rate	2.25%	2.25%
Senior Notes | Due 2021
Debt Instrument [Line Items]
Total principal amount	$ 500	$ 500
Debt Instrument, Effective Interest Rate	3.54%	3.54%
Senior Notes | Due 2022
Debt Instrument [Line Items]
Total principal amount	$ 250	$ 250
Debt Instrument, Effective Interest Rate	3.43%	3.43%

Financing Arrangements - Additi

Financing Arrangements - Additional Information (Detail)	1 Months Ended	3 Months Ended
	Feb. 29, 2016USD ($)Extension	Jul. 29, 2016USD ($)	Apr. 29, 2016USD ($)
Debt Instrument [Line Items]
Short-term loan	$ 870,000,000
Short-term loan maturity date		Nov. 2, 2016
Sale leaseback transaction, net proceeds, financing obligations		$ 149,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility, amount	$ 300,000,000
Credit facility, date expiry	Dec. 21, 2017
Credit facility, increase in facility	$ 50,000,000
Credit facility, number of extensions | Extension	2
Credit facility, extensions period	1 year
Credit facility, outstanding borrowings		$ 0
Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Credit facility, base rate		0.20%
Interest coverage ratio		350.00%
Revolving Credit Facility | Maximum
Debt Instrument [Line Items]
Credit facility, base rate		1.20%
Leverage ratio		300.00%
Revolving Credit Facility | Foreign Currency Sub Facility
Debt Instrument [Line Items]
Credit facility, amount	$ 100,000,000
Revolving Credit Facility | Letter Of Credit Sub Facility
Debt Instrument [Line Items]
Credit facility, amount	50,000,000
Revolving Credit Facility | Swingline Sub Facility
Debt Instrument [Line Items]
Credit facility, amount	$ 10,000,000
Senior Notes
Debt Instrument [Line Items]
Notes issued, principal amount		$ 1,500,000,000	$ 1,500,000,000
Senior Notes | Due 2021
Debt Instrument [Line Items]
Notes issued, principal amount		$ 500,000,000	500,000,000
Notes issued, interest rate		3.375%
Senior Notes | Due 2017
Debt Instrument [Line Items]
Notes issued, principal amount		$ 750,000,000	750,000,000
Notes issued, interest rate		2.00%
Senior Notes | Due 2022
Debt Instrument [Line Items]
Notes issued, principal amount		$ 250,000,000	$ 250,000,000
Notes issued, interest rate		3.25%

Financing Arrangements - Future

Financing Arrangements - Future Principal Debt Maturities (Detail) - Senior Notes - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Debt Instrument [Line Items]
2,018	$ 750
Thereafter	750
Total	$ 1,500	$ 1,500

Stockholders' Equity - Activity

Stockholders' Equity - Activity Related to Stock Options (Detail) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Jul. 29, 2016USD ($)$ / sharesshares
Number of Shares
Beginning balance, Number of Shares | shares	9
Options forfeited and expired, Number of Shares | shares	(2)
Ending balance, Number of Shares | shares	7
Options Exercisable, Number of Shares | shares	5
Weighted-Average Exercise Price
Beginning balance, Weighted-Average Exercise Price | $ / shares	$ 34.01
Options forfeited and expired, Weighted-Average Exercise Price | $ / shares	39.39
Ending balance, Weighted-Average Exercise Price | $ / shares	33.75
Options Exercisable, Weighted-Average Exercise Price | $ / shares	$ 39.29
Weighted-Average Remaining Contractual Term and Aggregate Intrinsic Value
Outstanding, Weighted-Average Remaining Contractual Term	3 years 5 months 1 day
Exercisable, Weighted-Average Remaining Contractual Term	2 years 2 months 19 days
Outstanding, Aggregate Intrinsic Value | $	$ 29
Exercisable, Aggregate Intrinsic Value | $	$ 5

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information Related to Stock Options (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Intrinsic value of exercises	$ 3	$ 3
Proceeds received from exercises	1	7
Fair value of options vested	$ 5	$ 6

Stockholders' Equity - Additi57

Stockholders' Equity - Additional Information (Detail) - USD ($) $ / shares in Units, shares in Millions	Aug. 17, 2016	Jul. 29, 2016	Jul. 31, 2015	Jul. 29, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense related to equity awards		$ 368,000,000		$ 368,000,000
Unrecognized compensation expense will be amortized on a straight-line basis over a weighted-average remaining period, in years		2 years 3 months 18 days
Stock repurchase program, authorized amount		$ 9,600,000,000		$ 9,600,000,000
Allocation of purchase price of share repurchases		$ 175,000,000
Repurchase of common stock, shares		7		255
Average price of common stock repurchased under repurchase program		$ 24.20		$ 32.60
Aggregate purchase price of common stock authorized under repurchase program		$ 175,000,000	$ 430,000,000	$ 8,300,000,000
Cash dividends declared, per common share		$ 0.190	$ 0.180
Subsequent Event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash dividends declared, per common share	$ 0.19
Cash dividend payable date	Oct. 26, 2016
Cash dividend record date	Oct. 7, 2016
Additional Paid-in Capital
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocation of purchase price of share repurchases		$ 93,000,000
Retained Earnings
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocation of purchase price of share repurchases		$ 82,000,000
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of Common stock issued to settle PBRSUs of target shares granted		0.00%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of Common stock issued to settle PBRSUs of target shares granted		200.00%
Performance Based Restricted Stock Unit
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs grant date fair value		$ 15,000,000		$ 15,000,000
Performance Based Restricted Stock Unit | PBRSU One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		2 years
Performance Based Restricted Stock Unit | PBRSU Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years

Stockholders' Equity - Activi58

Stockholders' Equity - Activity Related to Restricted Stock Units Including Performance-Based Restricted Stock Units (Detail) - Restricted Stock Units shares in Millions	3 Months Ended
	Jul. 29, 2016$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Number of Shares | shares	13
RSUs granted, Number of Shares | shares	4
RSUs vested, Number of Shares | shares	(4)
RSUs forfeited, Number of Shares | shares	(1)
Ending Balance, Number of Shares | shares	12
Beginning Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 32.46
RSUs granted, Weighted-Average Grant Date Fair Value | $ / shares	23.66
RSUs vested, Weighted-Average Grant Date Fair Value | $ / shares	32.74
RSUs forfeited, Weighted-Average Grant Date Fair Value | $ / shares	33.41
Ending Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 28.88

Stockholders' Equity - Number a

Stockholders' Equity - Number and Value of Shares Netted for Employee Taxes (Detail) - Restricted Stock Units - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares withheld for taxes	1	1
Fair value of shares withheld	$ 33	$ 38

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Employee Stock Purchase Plan (ESPP) (Detail) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued under the ESPP	2	2
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from issuance of shares	$ 42	$ 50

Stockholders' Equity - Stock-Ba

Stockholders' Equity - Stock-Based Compensation Expense (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 52	$ 77
Cost of Product Revenues
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	1	2
Cost of Hardware Maintenance and Other Services Revenues
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	4	6
Sales and Marketing
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	23	31
Research and Development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	15	26
General and Administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 9	$ 12

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Activities Related to Stock Repurchase Program (Detail) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended	159 Months Ended
	Jul. 29, 2016USD ($)$ / sharesshares	Jul. 29, 2016USD ($)$ / sharesshares
Equity [Abstract]
Number of shares repurchased | shares	7	255
Average price per share | $ / shares	$ 24.20	$ 32.60
Aggregate purchase price	$ 175
Remaining authorization at end of period	$ 1,324	$ 1,324

Stockholders' Equity - Summar63

Stockholders' Equity - Summary of Activities Related to Dividends on Common Stock (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Dividends, Common Stock [Abstract]
Dividends per share declared	$ 0.190	$ 0.180
Dividend payments	$ 53	$ 54
Additional Paid-in Capital
Dividends, Common Stock [Abstract]
Dividend payments	50	54
Retained Earnings
Dividends, Common Stock [Abstract]
Dividend payments	$ 3	$ 0

Stockholders' Equity - Reconcil

Stockholders' Equity - Reconciliation of Retained Earnings (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Retained Earnings Adjustments [Line Items]
Beginning balance	$ 0
Cumulative-effect of new accounting principle	21
Net income	64	$ (30)
Repurchases of common stock	(175)
Dividends paid	(53)	(54)
Ending balance	0
Retained Earnings
Retained Earnings Adjustments [Line Items]
Repurchases of common stock	(82)
Dividends paid	$ (3)	$ 0

Stockholders' Equity - Accumula

Stockholders' Equity - Accumulated Other Comprehensive Income (Loss) by Component Net of Tax (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (31)
OCI before reclassifications, net of tax	0
Amounts reclassified from AOCI, net of tax	0
Other comprehensive income (loss):	0	$ (10)
Ending balance	(31)
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(19)
OCI before reclassifications, net of tax	(6)
Amounts reclassified from AOCI, net of tax	0
Other comprehensive income (loss):	(6)
Ending balance	(25)
Defined Benefit Obligation Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(16)
OCI before reclassifications, net of tax	0
Amounts reclassified from AOCI, net of tax	0
Other comprehensive income (loss):	0
Ending balance	(16)
Unrealized Gains on Available-for-Sale Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	6
OCI before reclassifications, net of tax	3
Amounts reclassified from AOCI, net of tax	0
Other comprehensive income (loss):	3
Ending balance	9
Unrealized Gains (Losses) on Derivative Instruments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(2)
OCI before reclassifications, net of tax	3
Amounts reclassified from AOCI, net of tax	0
Other comprehensive income (loss):	3
Ending balance	$ 1

Stockholders' Equity - Amounts

Stockholders' Equity - Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Operating expenses	$ 704	$ 842
Net revenues	1,294	1,335
Net income (loss)	64	(30)
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net income (loss)	0	2
Reclassification out of Accumulated Other Comprehensive Income | Recognized Losses on Defined Benefit Obligations
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Operating expenses	0	1
Reclassification out of Accumulated Other Comprehensive Income | Realized Losses on Cash Flow Hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net revenues	$ 0	$ 1

Derivatives and Hedging Activ67

Derivatives and Hedging Activities - Schedule of Notional Value of Outstanding Foreign Currency Forward Contracts (Detail) - Foreign Exchange Forward Contracts - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Cash Flow Hedging | Long
Derivative [Line Items]
Forward contracts, Notional Amount	$ 95	$ 99
Non Designated | Long
Derivative [Line Items]
Forward contracts, Notional Amount	227	396
Non Designated | Short
Derivative [Line Items]
Forward contracts, Notional Amount	$ 157	$ 160

Derivatives and Hedging Activ68

Derivatives and Hedging Activities - Schedule of Derivative Instruments Not Designated as Cash Flow Hedges (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Foreign Exchange Forward Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Foreign currency exchange contracts	$ 4	$ (7)

Restructuring and Other Charg69

Restructuring and Other Charges - Additional Information (Detail)	Jul. 29, 2016
May 2015 Restructuring
Restructuring Cost and Reserve [Line Items]
Reduction of global work force	14.00%
March 2016 Restructuring
Restructuring Cost and Reserve [Line Items]
Reduction of global work force	14.00%

Restructuring and Other Charg70

Restructuring and Other Charges - Activities Related to Restructuring Reserves (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Restructuring And Related Activities [Abstract]
Balance at beginning of period	$ 45	$ 0
Net charges	0	27
Cash payments	(36)	(11)
Balance at end of period	$ 9	$ 16

Income Taxes - Effective Tax Ra

Income Taxes - Effective Tax Rates (Detail)	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Income Tax Disclosure [Abstract]
Effective tax rates	30.40%	(36.40%)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015	Apr. 29, 2016	Apr. 24, 2015
Income Tax Contingency [Line Items]
Provision for income taxes	$ 28	$ 8
Gross unrecognized tax benefits	218	243	$ 216	$ 272
Unrecognized tax benefits included in other long-term liabilities	149
Unrecognized tax benefits that would affect provision for income taxes	154
Federal Income Tax
Income Tax Contingency [Line Items]
Resolution of income tax examinations		$ 13
Accounting Standards Update 2016-09
Income Tax Contingency [Line Items]
Provision for income taxes	$ 13

Income Taxes - Unrecognized Tax

Income Taxes - Unrecognized Tax Benefits (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Income Tax Disclosure [Abstract]
Balance at beginning of period	$ 216	$ 272
Additions based on tax positions related to the current year	2	4
Additions for tax positions of prior years	0	19
Decreases for tax positions of prior years	0	(5)
Settlements	0	(47)
Balance at end of period	$ 218	$ 243

Net Income (Loss) per Share - C

Net Income (Loss) per Share - Computation of Basic and Diluted Net Income (Loss) Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Net income (loss) per share:
Net income (loss)	$ 64	$ (30)
Shares used in basic computation	279	304
Dilutive impact of employee equity award plans	3
Shares used in diluted computation	282	304
Basic	$ 0.23	$ (0.10)
Diluted	$ 0.23	$ (0.10)

Net Income (Loss) per Share - A

Net Income (Loss) per Share - Additional Information (Detail) - shares shares in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Earnings Per Share [Abstract]
Employee equity award plans	15	31

Segment Geographic and Signific

Segment Geographic and Significant Customer Information - Additional Information (Detail) $ in Millions	3 Months Ended
	Jul. 29, 2016USD ($)Segment	Jul. 31, 2015USD ($)Segment
Segment Reporting Information [Line Items]
Number of industry segment | Segment	1	1
Net revenues	$ 1,294	$ 1,335
U.S.
Segment Reporting Information [Line Items]
Net revenues	$ 666	$ 665

Segment Geographic and Signif77

Segment Geographic and Significant Customer Information - Schedule of Revenues by Geographic Region (Detail) - USD ($) $ in Millions	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Segment Reporting Information [Line Items]
Net revenues	$ 1,294	$ 1,335
United States, Canada And Latin America (Americas)
Segment Reporting Information [Line Items]
Net revenues	736	745
Europe, Middle East And Africa (EMEA)
Segment Reporting Information [Line Items]
Net revenues	387	415
Asia Pacific (APAC)
Segment Reporting Information [Line Items]
Net revenues	$ 171	$ 175

Segment Geographic and Signif78

Segment Geographic and Significant Customer Information - Schedule of Cash, Cash Equivalents and Short-Term Investments (Detail) - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Segment Reporting Information [Line Items]
Cash, cash equivalents and short-term investments	$ 4,421	$ 5,303
U.S.
Segment Reporting Information [Line Items]
Cash, cash equivalents and short-term investments	565	513
International
Segment Reporting Information [Line Items]
Cash, cash equivalents and short-term investments	$ 3,856	$ 4,790

Segment Geographic and Signif79

Segment Geographic and Significant Customer Information - Schedule of Property and Equipment Net by Geographic Areas (Detail) - USD ($) $ in Millions	Jul. 29, 2016	Apr. 29, 2016
Segment Reporting, Asset Reconciling Item [Line Items]
Property and equipment	$ 942	$ 937
U.S.
Segment Reporting, Asset Reconciling Item [Line Items]
Property and equipment	772	797
International
Segment Reporting, Asset Reconciling Item [Line Items]
Property and equipment	$ 170	$ 140

Segment Geographic and Signif80

Segment Geographic and Significant Customer Information - Significant Customers (Detail) - Net Revenue - Customer Concentration Risk	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015
Arrow Electronics, Inc.
Segment Reporting Information [Line Items]
Percentage of net revenues	20.00%	22.00%
Avnet, Inc.
Segment Reporting Information [Line Items]
Percentage of net revenues	19.00%	18.00%

Segment Geographic and Signif81

Segment Geographic and Significant Customer Information - Schedule of Net Accounts Receivable from Significant Customers (Detail) - Accounts Receivable - Credit Concentration Risk	3 Months Ended	12 Months Ended
	Jul. 29, 2016	Apr. 29, 2016
Arrow Electronics, Inc.
Segment Reporting Information [Line Items]
Percentage of net accounts receivable	12.00%	12.00%
Avnet, Inc.
Segment Reporting Information [Line Items]
Percentage of net accounts receivable	11.00%	15.00%

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($)	3 Months Ended
	Jul. 29, 2016	Jul. 31, 2015	Apr. 29, 2016
Commitments and Contingencies Disclosure [Line Items]
Future annual minimum lease payments	$ 258,000,000
Accrued purchase commitments with contract manufacturers	5,000,000		$ 7,000,000
Sale of finance receivables	76,000,000	$ 42,000,000
Legal proceedings and claims	$ 0
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	$ 249,000,000
Construction Related
Commitments and Contingencies Disclosure [Line Items]
Purchase orders and other commitments	41,000,000
Other
Commitments and Contingencies Disclosure [Line Items]
Purchase orders and other commitments	$ 246,000,000