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Financing Arrangements (Tables)
3 Months Ended
Jul. 27, 2018
Debt Disclosure [Abstract]  
Long-term Debt
The Company's debt obligations consisted of the following:
(in millions)
 
Maturity by
Fiscal Year
 
July 27, 2018
 
April 27, 2018
Current debt obligations
 
2019 - 2020
 
$
1,545

 
$
2,058

 
 
 
 
 
 
 
Long-term debt
 
 
 
 
 
 
Floating rate five-year 2015 senior notes
 
2020
 
500

 
500

2.500 percent five-year 2015 senior notes
 
2020
 
2,500

 
2,500

4.200 percent ten-year 2010 CIFSA senior notes
 
2021
 
600

 
600

4.125 percent ten-year 2011 senior notes
 
2021
 
500

 
500

3.150 percent seven-year 2015 senior notes
 
2022
 
2,500

 
2,500

3.125 percent ten-year 2012 senior notes
 
2022
 
675

 
675

3.200 percent ten-year 2012 CIFSA senior notes
 
2023
 
650

 
650

2.750 percent ten-year 2013 senior notes
 
2023
 
530

 
530

2.950 percent ten-year 2013 CIFSA senior notes
 
2024
 
310

 
310

3.625 percent ten-year 2014 senior notes
 
2024
 
850

 
850

3.500 percent ten-year 2015 senior notes
 
2025
 
4,000

 
4,000

3.350 percent ten-year 2017 senior notes
 
2027
 
850

 
850

4.375 percent twenty-year 2015 senior notes
 
2035
 
2,382

 
2,382

6.550 percent thirty-year 2008 CIFSA senior notes
 
2038
 
374

 
374

6.500 percent thirty-year 2009 senior notes
 
2039
 
300

 
300

5.550 percent thirty-year 2010 senior notes
 
2040
 
500

 
500

4.500 percent thirty-year 2012 senior notes
 
2042
 
400

 
400

4.000 percent thirty-year 2013 senior notes
 
2043
 
325

 
325

4.625 percent thirty-year 2014 senior notes
 
2044
 
650

 
650

4.625 percent thirty-year 2015 senior notes
 
2045
 
4,150

 
4,150

Bank borrowings
 
2020 - 2022
 
109

 
125

Debt premium, net
 
2020 - 2045
 
116

 
120

Capital lease obligations
 
2020 - 2025
 
20

 
21

Interest rate swaps
 
2021 - 2022
 
(10
)
 
(6
)
Deferred financing costs
 
2020 - 2045
 
(103
)
 
(107
)
Long-term debt
 
 
 
$
23,678

 
$
23,699