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Retirement Benefit Plans (Tables)
 12 Months Ended
Apr. 24, 2020
Retirement Benefits [Abstract]  
Schedule of Defined Benefit Plans The change in benefit obligation and funded status of the Company’s U.S. and Non-U.S. pension benefits are as follows:
 U.S. Pension BenefitsNon-U.S. Pension Benefits
 Fiscal YearFiscal Year
(in millions)2020201920202019
Accumulated benefit obligation at end of year:$3,440  $3,121  $1,785  $1,621  
Change in projected benefit obligation:    
Projected benefit obligation at beginning of year$3,404  $3,202  $1,832  $1,791  
Service cost106  109  59  59  
Interest cost126  129  28  30  
Employee contributions—  —  11  12  
Plan curtailments and settlements(94) —  (2) (5) 
Actuarial loss300  54  180  119  
Benefits paid(111) (100) (55) (49) 
Currency exchange rate changes and other(8) 10  (29) (125) 
Projected benefit obligation at end of year$3,723  $3,404  $2,024  $1,832  
Change in plan assets:    
Fair value of plan assets at beginning of year$2,728  $2,661  $1,409  $1,404  
Actual return on plan assets(72) 64  2  62  
Employer contributions444  93  54  78  
Employee contributions—  —  11  12  
Plan settlements—  —  (2) (3) 
Benefits paid(111) (100) (55) (49) 
Currency exchange rate changes and other(7) 10  (15) (95) 
Fair value of plan assets at end of year$2,982  $2,728  $1,404  $1,409  
Funded status at end of year:    
Fair value of plan assets$2,982  $2,728  $1,404  $1,409  
Benefit obligations3,723  3,404  2,024  1,832  
Underfunded status of the plans(741) (676) (620) (423) 
Recognized liability$(741) $(676) $(620) $(423) 
Amounts recognized on the consolidated
balance sheets consist of:
Non-current assets$—  $—  $7  $31  
Current liabilities(17) (18) (6) (8) 
Non-current liabilities(724) (658) (621) (446) 
Recognized liability$(741) $(676) $(620) $(423) 
Amounts recognized in accumulated other
comprehensive loss:
Prior service cost (benefit)$1  $2  $7  $(7) 
Net actuarial loss1,662  1,216  663  452  
Ending balance$1,663  $1,218  $670  $445  
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets U.S. and non-U.S. plans with accumulated benefit obligations in excess of plan assets consist of the following:
 Fiscal Year
(in millions)20202019
Accumulated benefit obligation$5,105  $4,683  
Projected benefit obligation5,252  4,822  
Plan assets at fair value4,074  3,829  
Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets
Plans with projected benefit obligations in excess of plan assets consist of the following:
 Fiscal Year
(in millions)20202019
Projected benefit obligation$5,700  $4,963  
Plan assets at fair value4,331  3,833  
Schedule of Net Benefit Costs
The net periodic benefit cost of the plans include the following components:
 U.S. Pension BenefitsNon-U.S. Pension Benefits
 Fiscal YearFiscal Year
(in millions)202020192018202020192018
Service cost$106  $109  $116  $59  $59  $67  
Interest cost126  129  117  28  30  28  
Expected return on plan assets(225) (215) (205) (58) (57) (53) 
Amortization of prior service cost1  1  1  (1) (1) —  
Amortization of net actuarial loss56  76  82  14  12  18  
Settlement loss (gain)—  —  16  —  (2) —  
Net periodic benefit cost$64  $100  $127  $42  $41  $60  
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)
The other changes in plan assets and projected benefit obligations recognized in accumulated other comprehensive loss for fiscal year 2020 are as follows:
(in millions)U.S. Pension
Benefits		Non-U.S.
Pension
Benefits
Net actuarial gain$596  $236  
Prior service credit(94) —  
Amortization of prior service cost (1) 1  
Amortization of net actuarial loss(56) (14) 
Effect of exchange rates—  (11) 
Total recognized in accumulated other comprehensive loss$445  $212  
Total recognized in net periodic benefit cost and accumulated other comprehensive loss$509  $254  
Schedule of Assumptions Used
The actuarial assumptions are as follows:
 U.S. Pension BenefitsNon-U.S. Pension Benefits
 Fiscal YearFiscal Year
 202020192018202020192018
Critical assumptions – projected benefit obligation:      
Discount rate
3.10% - 3.70%
3.90% - 4.20%
4.20% - 4.35%
0.30% - 13.30%
0.40% - 13.90%
0.70% - 11.00%
Rate of compensation increase3.90 %3.90 %3.90 %2.91 %2.87 %2.88 %
Critical assumptions – net periodic benefit cost:      
Discount rate – benefit obligation
3.90% - 4.30%
4.20% - 4.30%
4.00% - 4.30%
0.40% - 13.90%
0.50% - 11.00%
0.45% - 11.40%
Discount rate – service cost
3.70% - 4.00%
4.10% - 4.40%
3.70% - 4.45%
0.40% - 13.90%
0.50% - 11.00%
0.20% - 11.40%
Discount rate – interest cost
3.50% - 4.30%
4.00% - 4.10%
3.45% - 3.80%
0.40% - 13.90%
0.50% - 11.00%
0.45% - 11.40%
Expected return on plan assets7.90 %7.90 %7.90 %4.19 %4.23 %4.20 %
Rate of compensation increase3.90 %3.90 %3.90 %2.87 %2.88 %2.89 %
Schedule of Allocation of Plan Assets
The Company’s U.S. plans target asset allocations at April 24, 2020, compared to the U.S. plans actual asset allocations at April 24, 2020 and April 26, 2019 by asset category, are as follows:
U.S. Plans
 Target AllocationActual Allocation
 April 24, 2020April 24, 2020April 26, 2019
Asset Category:
Equity securities49 %39 %50 %
Debt securities32  27  34  
Other19  34  16  
Total100 %100 %100 %
Fair Value Measurements, Retirement Benefit Plan Assets
The following tables provide information by level for the retirement benefit plan assets that are measured at fair value, as defined by U.S. GAAP. In accordance with authoritative guidance adopted in fiscal year 2017, certain investments for which the fair value is measured using the net asset value per share (or its equivalent) practical expedient are not presented within the fair value hierarchy. The fair value amounts presented for these investments are intended to permit reconciliation to the total fair value of plan assets at April 24, 2020 and April 26, 2019.
U.S. Pension Benefits
 Fair Value atFair Value Measurements
Using Inputs Considered as		Investments Measured at Net Asset Value
(in millions)April 24, 2020Level 1Level 2Level 3
Short-term investments$548  $548  $—  $—  $—  
Equity commingled trusts1,204  —  —  —  1,204  
Fixed income commingled trusts605  —  —  —  605  
Partnership units625  —  —  625  —  
$2,982  $548  $—  $625  $1,809  

 Fair Value atFair Value Measurements
Using Inputs Considered as		Investments Measured at Net Asset Value
(in millions)April 26, 2019Level 1Level 2Level 3
Short-term investments$61  $61  $—  $—  $—  
U.S. government securities228  228  —  —  —  
Corporate debt securities144  —  144  —  —  
Equity commingled trusts1,365  —  —  —  1,365  
Fixed income commingled trusts301  —  —  —  301  
Partnership units629  —  —  629  —  
$2,728  $289  $144  $629  $1,666  
Non-U.S. Pension Benefits
 Fair Value atFair Value Measurements
Using Inputs Considered as		Investments Measured at Net Asset Value
(in millions)April 24, 2020Level 1Level 2Level 3
Registered investment companies$1,361  $—  $—  $—  $1,361  
Insurance contracts43  —  —  43  —  
$1,404  $—  $—  $43  $1,361  

 Fair Value atFair Value Measurements
Using Inputs Considered as		Investments Measured at Net Asset Value
(in millions)April 26, 2019Level 1Level 2Level 3
Registered investment companies$1,368  $—  $—  $—  $1,368  
Insurance contracts41  —  —  41  —  
$1,409  $—  $—  $41  $1,368  
Fair Value, Retirement Benefit Plan Assets, Unobservable Input Reconciliation
The following tables provide a reconciliation of the beginning and ending balances of U.S. pension benefit assets measured at fair value that used significant unobservable inputs (Level 3):
(in millions)Partnership Units
April 26, 2019$629  
Total unrealized gains (45) 
Purchases and sales, net41  
April 24, 2020$625  

(in millions)Partnership Units
April 27, 2018$537  
Total realized losses(1) 
Total unrealized gains 52  
Purchases and sales, net41  
April 26, 2019$629  
The following tables provide a reconciliation of the beginning and ending balances of non-U.S. pension benefit assets measured at fair value that used significant unobservable inputs (Level 3):
(in millions)Insurance Contracts
April 26, 2019$41  
Total unrealized gains 2  
Purchases and sales, net1  
Currency exchange rate changes(1) 
April 24, 2020$43  

(in millions)Insurance Contracts
April 27, 2018$42  
Total unrealized gains1  
Purchases and sales, net1  
Currency exchange rate changes(3) 
April 26, 2019$41  
Schedule of Expected Benefit Payments
Retiree benefit payments, which reflect expected future service, are anticipated to be paid as follows:
(in millions)Gross Payments
Fiscal YearU.S. Pension BenefitsNon-U.S. Pension Benefits
2021$122  $51  
2022132  50  
2023143  56  
2024153  56  
2025165  60  
2026 – 2030999  340  
Total$1,714  $613