Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Oct. 25, 2019

The following table provides changes in AOCI, net of tax, and by component:


(in millions)	Unrealized (Loss) Gain on Investment Securities		Cumulative Translation Adjustments		Net Investment Hedges		Net Change in Retirement Obligations		Unrealized Gain (Loss) on Cash Flow Hedges		Total Accumulated Other Comprehensive (Loss) Income
April 26, 2019	$	(45)	$	(1,383)	$	(169)	$	(1,308)	$	194	$	(2,711)
Other comprehensive income (loss) before reclassifications	68		(148)		152		(1)		82		153
Reclassifications	5		—		—		26		(84)		(53)
Other comprehensive income (loss)	73		(148)		152		25		(2)		100
October 25, 2019	$	28	$	(1,531)	$	(17)	$	(1,283)	$	192	$	(2,611)


(in millions)	Unrealized (Loss) Gain on Investment Securities		Cumulative Translation Adjustment		Net Investment Hedges		Net Change in Retirement Obligations		Unrealized (Loss) Gain on Cash Flow Hedges		Total Accumulated Other Comprehensive (Loss) Income
April 27, 2018	$	(194)	$	(11)	$	(257)	$	(1,117)	$	(207)	$	(1,786)
Other comprehensive (loss) income before reclassifications	(19)		(1,252)		—		—		343		(928)
Reclassifications	10		—		—		48		(3)		55
Other comprehensive (loss) income	(9)		(1,252)		—		48		340		(873)
Cumulative effect of change in accounting principle⁽¹⁾	47		—		—		—		—		47
October 26, 2018	$	(156)	$	(1,263)	$	(257)	$	(1,069)	$	133	$	(2,612)

(1) The cumulative effect of change in accounting principle during the first quarter of fiscal year 2019 resulted from the adoption of accounting guidance that requires equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. As a result of the adoption, the Company reclassified $47 million from accumulated other comprehensive loss to the opening balance of retained earnings as of April 28, 2018.