Financing Arrangements (Tables)

12 Months Ended

Apr. 24, 2015

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Short-term debt consisted of the following:

	April 24, 2015		April 25, 2014
(in millions)	Payable		Payable
Capital lease obligations	$	16	$	14
Bank borrowings	303		337
3.000 percent five-year 2010 senior notes	—		1,250
2.625 percent five-year 2011 senior notes	500		—
4.750 percent ten-year 2005 senior notes	600		—
1.350 percent 2012 CIFSA senior notes	600		—
2.800 percent 2010 CIFSA senior notes	400		—
Interest rate swaps	10		12
Debt premium	5		—
Total Short-Term Borrowings	$	2,434	$	1,613

Schedule of Long-term Debt

Long-term debt consisted of the following:

		April 24, 2015				April 25, 2014
(in millions, except interest rates)	Maturity by Fiscal Year	Payable		Effective Interest Rate		Payable			Effective Interest Rate
4.750 percent ten-year 2005 senior notes	2016	$	—	—		$	600		4.76	%
2.625 percent five-year 2011 senior notes	2016	—		—		500			2.72	%
Floating rate three-year 2014 senior notes	2017	250		0.32	%	250			0.32	%
0.875 percent three-year 2014 senior notes	2017	250		0.91	%	250			0.91	%
6.000 percent ten-year 2008 CIFSA senior notes	2018	1,150		1.41	%	—			—
1.375 percent five-year 2013 senior notes	2018	1,000		1.41	%	1,000			1.41	%
1.500 percent three-year 2015 senior notes	2018	1,000		1.59	%	—			—
5.600 percent ten-year 2009 senior notes	2019	400		5.61	%	400			5.61	%
4.450 percent ten-year 2010 senior notes	2020	1,250		4.47	%	1,250			4.47	%
4.200 percent ten-year 2010 CIFSA senior notes	2020	600		2.22	%	—			—
2.500 percent five-year 2015 senior notes	2020	2,500		2.52	%	—			—
Floating rate five-year 2015 senior notes	2020	500		1.04	%	—			—
4.125 percent ten-year 2011 senior notes	2021	500		4.19	%	500			4.19	%
3.125 percent ten-year 2012 senior notes	2022	675		3.16	%	675			3.16	%
3.200 percent ten-year 2012 CIFSA senior notes	2022	650		2.66	%	—			—
3.150 percent seven-year 2015 senior notes	2022	2,500		3.18	%	—			—
2.750 percent ten-year 2013 senior notes	2023	1,250		2.78	%	1,250			2.78	%
2.950 percent ten-year 2013 CIFSA senior notes	2023	750		2.67	%	—			—
3.625 percent ten-year 2014 senior notes	2024	850		3.65	%	850			3.65	%
3.500 percent ten-year 2015 senior notes	2025	4,000		3.61	%	—			—
4.375 percent twenty-year 2015 senior notes	2035	2,500		4.44	%	—			—
6.550 percent thirty-year 2007 CIFSA senior notes	2037	850		3.75	%	—			—
6.500 percent thirty-year 2009 senior notes	2039	300		6.52	%	300			6.52	%
5.550 percent thirty-year 2010 senior notes	2040	500		5.56	%	500			5.56	%
4.500 percent thirty-year 2012 senior notes	2042	400		4.51	%	400			4.51	%
4.000 percent thirty-year 2013 senior notes	2043	750		4.12	%	750			4.12	%
4.625 percent thirty-year 2014 senior notes	2044	650		4.67	%	650			4.67	%
4.625 percent thirty-year 2015 senior notes	2045	4,000		4.64	%	—			—
Three-year term loan	2018	3,000		1.12	%	—			—
Interest rate swaps	2016-2022	79		—		56			—
Deferred gains from interest rate swap terminations, net	—	3		—		20			—
Capital lease obligations	2016-2025	129		3.52	%	139			3.62	%
Bank borrowings	2021	17		—		—			—
Debt premium (discount)	2017-2045	499		—		(25		)	—
Total Long-Term Debt		$	33,752			$	10,315

Schedule of Maturities of Long-term Debt

Contractual maturities of debt for the next five fiscal years and thereafter, excluding the debt premium and discount, the fair value of outstanding interest rate swap agreements, and the remaining deferred gains from terminated interest rate swap agreements are as follows:

(in millions) Fiscal Year
2016	$	2,419
2017	538
2018	6,173
2019	423
2020	4,273
Thereafter	21,764
Total debt	35,590
Less: Current portion of debt	2,419
Long-term portion of debt	$	33,171