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Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Millions
Total
Cumulative effect of change in accounting principle
Total Shareholders’ Equity
Total Shareholders’ Equity
Cumulative effect of change in accounting principle
Ordinary Shares
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative effect of change in accounting principle
Accumulated Other Comprehensive Loss
Noncontrolling Interests
Beginning balance (shares) at Apr. 26, 2019         1,341,000,000          
Beginning balance at Apr. 26, 2019 $ 50,212 $ (33) [1] $ 50,091 $ (33) [1] $ 0 $ 26,532 $ 26,270 $ (33) [1] $ (2,711) $ 121
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 877   864       864     13
Other comprehensive (loss) income 227   227           227  
Dividends to shareholders (724)   (724)       (724)      
Issuance of shares under stock purchase and award plans (shares)         3,000,000          
Issuance of shares under stock purchase and award plans 205   205     205        
Repurchase of ordinary shares (shares)         (3,000,000)          
Repurchase of ordinary shares (328)   (328)     (328)        
Stock-based compensation 61   61     61        
Ending balance (shares) at Jul. 26, 2019         1,341,000,000          
Ending balance at Jul. 26, 2019 $ 50,497   50,363   $ 0 26,470 26,377   (2,484) 134
Beginning balance (shares) at Apr. 24, 2020 1,341,074,724       1,341,000,000          
Beginning balance at Apr. 24, 2020 $ 50,872 $ (24) [2] 50,737 $ (24) [2] $ 0 26,165 28,132 $ (24) [2] (3,560) 135
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 491   487       487     4
Other comprehensive (loss) income (217)   (222)           (222) 5
Dividends to shareholders (778)   (778)       (778)      
Issuance of shares under stock purchase and award plans (shares)         2,000,000          
Issuance of shares under stock purchase and award plans 26   26     26        
Stock-based compensation 70   70     70        
Changes to noncontrolling ownership interests $ 3                 3
Ending balance (shares) at Jul. 31, 2020 1,343,318,623       1,343,000,000          
Ending balance at Jul. 31, 2020 $ 50,443   $ 50,296   $ 0 $ 26,261 $ 27,817   $ (3,782) $ 147
[1] The cumulative effect of change in accounting principle during the first quarter of fiscal year 2020 resulted from the adoption of accounting guidance that requires lessees to recognize right-of-use assets and lease liabilities on the balance sheet. As a result of the adoption, the Company adjusted the opening balance of retained earnings for $33 million as of April 27, 2019.
[2] See Note 2 to the consolidated financial statements for discussion regarding the adoption of accounting standards during the first quarter of fiscal year 2021.