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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Apr. 24, 2015
Accounting Policies [Abstract]  
Schedule of Inventory, Net of Reserves
Inventory balances are as follows:
(in millions)
April 24,
2015
 
April 25,
2014
Finished goods
$
2,268

 
$
1,196

Work in-process
509

 
247

Raw materials
686

 
282

Total
$
3,463

 
$
1,725
Schedule of Property, Plant and Equipment
Property, plant, and equipment balances and corresponding lives are as follows:
(in millions)
April 24,
2015
 
April 25,
2014
 
Lives
(in years)
Land and land improvements
$
217

 
$
152

 
Up to 20

Buildings and leasehold improvements
2,314

 
1,565

 
Up to 40

Equipment
5,649

 
4,409

 
Generally 3-7, up to 15

Construction in progress
683

 
313

 
—

Subtotal
8,863

 
6,439

 
 

Less: Accumulated depreciation
(4,164
)
 
(4,047
)
 
 

Property, plant, and equipment, net
$
4,699

 
$
2,392

 
 
Schedule of Product Warranty Obligations
Changes in the Company’s product warranty obligations during the years ended April 24, 2015 and April 25, 2014 consisted of the following:
(in millions)
 
 

Balance as of April 26, 2013
 
$
35

Warranty claims provision
 
25

Settlements made
 
(28
)
Balance as of April 25, 2014
 
$
32

Fair value of warranty obligation acquired from Covidien
 
23

Technology upgrade commitment
 
74

Warranty claims provision
 
30

Settlements made
 
(24
)
Balance as of April 24, 2015
 
$
135
Schedule of AOCI
Presented below is a summary of activity for each component of accumulated other comprehensive loss for fiscal year 2013:
(in millions)
 
Unrealized
Gain (Loss) on Available-for-Sale Securities
 
Cumulative
Translation
Adjustments
 
Net Change in
Retirement
Obligations
 
Unrealized (Loss) Gain on Derivatives
 
Accumulated Other
Comprehensive Loss
Balance as of April 27, 2012
 
$
130

 
$
306

 
$
(834
)
 
$
(75
)
 
$
(473
)
Other comprehensive (loss) income
 
(33
)
 
(21
)
 
(18
)
 
53

 
(19
)
Correction of classification
 
—

 
(80
)
 
—

 
80

 
—

Balance as of April 26, 2013
 
$
97

 
$
205

 
$
(852
)
 
$
58

 
$
(492
)
Accumulated Other Comprehensive Loss
Changes in AOCI by component are as follows:
(in millions)
Unrealized Gain (Loss) on Available-for-Sale Securities
 
Cumulative Translation Adjustments (a)
 
Net Change in Retirement Obligations
 
Unrealized Gain (Loss) on Derivatives
 
Total Accumulated Other Comprehensive Loss (Income)
Balance as of April 26, 2013, net of tax
$
97

 
$
205

 
$
(852
)
 
$
58

 
$
(492
)
Other comprehensive (loss) income before reclassifications, before tax
(89
)
 
13

 
60

 
(120
)
 
(136
)
Tax benefit (expense)
32

 
—

 
(37
)
 
44

 
39

Other comprehensive (loss) income before reclassifications, net of tax
(57
)
 
13

 
23

 
(76
)
 
(97
)
Reclassifications, before tax
(72
)
 
—

 
99

 
(42
)
 
(15
)
Tax benefit (expense)
26

 
—

 
(35
)
 
16

 
7

Reclassifications, net of tax
(46
)
(b)
—

 
64

(c)
(26
)
(d)
(8
)
Other comprehensive (loss) income, net of tax
(103
)
 
13

 
87

 
(102
)
 
(105
)
Balance as of April 25, 2014, net of tax
(6
)
 
218

 
(765
)
 
(44
)
 
(597
)
Other comprehensive income (loss) before reclassifications, before tax
169

 
(495
)
 
(617
)
 
545

 
(398
)
Tax (expense) benefit
(60
)
 
—

 
198

 
(199
)
 
(61
)
Other comprehensive income (loss) before reclassifications, net of tax
109

 
(495
)
 
(419
)
 
346

 
(459
)
Reclassifications, before tax
(138
)
 
—

 
78

 
(145
)
 
(205
)
Tax benefit (expense)
49

 
—

 
(25
)
 
53

 
77

Reclassifications, net of tax
(89
)
(b)
—

 
53

(c)
(92
)
(d)
(128
)
Other comprehensive income (loss), net of tax
20

 
(495
)
 
(366
)
 
254

 
(587
)
Balance as of April 24, 2015, net of tax
$
14

 
$
(277
)
 
$
(1,131
)
 
$
210

 
$
(1,184
)
(a) Taxes are not provided on CTA as substantially all translation adjustments relate to earnings that are intended to be indefinitely reinvested outside the U.S.
(b) Represents net realized gains on sales of available-for-sale securities that were reclassified from AOCI to other expense, net (see Note 5).
(c) Includes net amortization of prior service costs and actuarial losses included in net periodic benefit cost (see Note 13).
(d) Relates to foreign currency cash flow hedges that were reclassified from AOCI to other expense, net or cost of products sold and forward starting interest rate derivative instruments that were reclassified from AOCI to interest expense, net (see Note 9).
Schedule of Earnings Per Share
The table below sets forth the computation of basic and diluted earnings per share:
 
Fiscal Year
(in millions, except per share data)
2015
 
2014
 
2013
Numerator:
 

 
 

 
 

Net income attributable to ordinary shareholders
$
2,675

 
$
3,065

 
$
3,467

Denominator:
 

 
 

 
 

Basic – weighted average shares outstanding
1,095.5

 
1,002.1

 
1,019.3

Effect of dilutive securities:
 

 
 

 
 

Employee stock options
9.1

 
7.1

 
2.8

Employee restricted stock units
4.3

 
4.3

 
5.3

Other
0.1

 
0.1

 
0.1

Diluted – weighted average shares outstanding
1,109.0

 
1,013.6

 
1,027.5

 
 

 
 

 
 

Basic earnings per share
$
2.44

 
$
3.06

 
$
3.40

Diluted earnings per share
$
2.41

 
$
3.02

 
$
3.37