Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Apr. 24, 2020

Schedule of Accumulated Other Comprehensive Loss

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 28, 2017	$	(69)	$	(1,195)	$	(257)	$	(1,129)	$	37	$	(2,613)
Other comprehensive (loss) income before reclassifications	(95)		1,218		—		100		(272)		951
Reclassifications	(8)		(34)		—		67		54		79
Other comprehensive (loss) income	(103)		1,184		—		167		(218)		1,030
Cumulative effect of change in accounting principle⁽¹⁾	(22)		—		—		(155)		(26)		(203)
April 27, 2018	(194)		(11)		(257)		(1,117)		(207)		(1,786)
Other comprehensive income (loss) before reclassifications	67		(1,372)		88		(266)		457		(1,026)
Reclassifications	35		—		—		75		(56)		54
Other comprehensive income (loss)	102		(1,372)		88		(191)		401		(972)
Cumulative effect of change in accounting principle⁽²⁾	47		—		—		—		—		47
April 26, 2019	(45)		(1,383)		(169)		(1,308)		194		(2,711)
Other comprehensive income (loss) before reclassifications	43		(827)		405		(596)		309		(666)
Reclassifications	2		—		—		52		(237)		(183)
Other comprehensive income (loss)	45		(827)		405		(544)		72		(849)

April 24, 2020	$	—	$	(2,210)	$	236	$	(1,852)	$	266	$	(3,560)

(1) The cumulative effect of change in accounting principle in fiscal year 2018 related to the Company's adoption of accounting guidance which permitted reclassification from AOCI to retained earnings for stranded tax effects resulting from the Tax Act.

(2) The cumulative effect of change in accounting principle in 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.