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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. 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 2,248                  
Other comprehensive (loss) income 100               100  
Ending balance (shares) at Oct. 25, 2019         1,340,000,000          
Ending balance at Oct. 25, 2019 50,719   50,578   $ 0 26,171 27,018   (2,611) 141
Beginning balance (shares) at Jul. 26, 2019         1,341,000,000          
Beginning balance at Jul. 26, 2019 50,497   50,363   $ 0 26,470 26,377   (2,484) 134
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 1,371   1,364       1,364     7
Other comprehensive (loss) income (127)   (127)           (127) 0
Dividends to shareholders (723)   (723)       (723)      
Issuance of shares under stock purchase and award plans (shares)         4,000,000          
Issuance of shares under stock purchase and award plans 145   145     145        
Repurchase of ordinary shares (shares)         (5,000,000)          
Repurchase of ordinary shares (552)   (552)     (552)        
Stock-based compensation 108   108     108        
Ending balance (shares) at Oct. 25, 2019         1,340,000,000          
Ending balance at Oct. 25, 2019 $ 50,719   50,578   $ 0 26,171 27,018   (2,611) 141
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         1,343,000,000          
Ending balance at Jul. 31, 2020 $ 50,443   50,296   $ 0 26,261 27,817   (3,782) 147
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 985                  
Other comprehensive (loss) income $ (277)               (283)  
Ending balance (shares) at Oct. 30, 2020 1,345,547,814       1,345,000,000          
Ending balance at Oct. 30, 2020 $ 50,316   50,164   $ 0 26,481 27,526   (3,843) 152
Beginning balance (shares) at Jul. 31, 2020         1,343,000,000          
Beginning balance at Jul. 31, 2020 50,443   50,296   $ 0 26,261 27,817   (3,782) 147
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 494   489       489     5
Other comprehensive (loss) income (60)   (61)           (61) 1
Dividends to shareholders (780)   (780)       (780)      
Issuance of shares under stock purchase and award plans (shares)         2,000,000          
Issuance of shares under stock purchase and award plans 93   93     93        
Stock-based compensation 140   140     140        
Changes to noncontrolling ownership interests $ (14)   (13)     (13)       (1)
Ending balance (shares) at Oct. 30, 2020 1,345,547,814       1,345,000,000          
Ending balance at Oct. 30, 2020 $ 50,316   $ 50,164   $ 0 $ 26,481 $ 27,526   $ (3,843) $ 152
[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.