Stock-Based Compensation

9 Months Ended

Jan. 29, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation

Stock-Based Compensation

Under the fair value recognition provisions of U.S. GAAP for accounting for stock-based compensation, the Company measures stock-based compensation expense at the grant date based on the fair value of the award and recognizes the compensation expense over the requisite service period, which is generally the vesting period.

The following table presents the components and classification of stock-based compensation expense recognized for the three and nine months ended January 29, 2016 and January 23, 2015:

	Three months ended						Nine months ended
(in millions)	January 29, 2016			January 23, 2015			January 29, 2016			January 23, 2015
Stock options	$	43		$	7		$	162		$	27
Restricted stock awards	33			24			113			78
Employee stock purchase plan	5			2			15			10
Total stock-based compensation expense	$	81		$	33		$	290		$	115
Cost of products sold	$	12		$	4		$	38		$	12
Research and development expense	8			5			28			20
Selling, general, and administrative expense	47			24			162			83
Restructuring charges, net	2			—			16			—
Acquisition-related items	12			—			46			—
Total stock-based compensation expense	$	81		$	33		$	290		$	115
Income tax benefits	(23		)	(8		)	(86		)	(31		)
Total stock-based compensation expense, net of tax	$	58		$	25		$	204		$	84