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Acquisitions (Tables)
 12 Months Ended
Apr. 29, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Reconciliation of Beginning and Ending Balances of Contingent Consideration Associated with Acquisitions
The following table provides a reconciliation of the beginning and ending balances of contingent consideration:
 Fiscal Year
(in millions)20222021
Beginning Balance$270 $280 
Purchase price contingent consideration31 253 
Purchase price allocation adjustments7 — 
Payments(86)(299)
Change in fair value(103)36 
Ending Balance$119 $270 
Schedule of Significant Unobservable Inputs
The recurring Level 3 fair value measurements of contingent consideration for which a liability is recorded include the following significant unobservable inputs:
(in millions)Fair Value at April 29, 2022Unobservable InputRange
Weighted Average (1)
Discount rate
11.2% - 27.2%
14.6%
Revenue and other performance-based payments$104 Probability of payment100%100%
  Projected fiscal year of payment2023 - 20272025
Discount rate5.5%5.5%
Product development and other milestone-based payments$15 Probability of payment100%100%
  Projected fiscal year of payment2023 - 20242024
(1) Unobservable inputs were weighted by the relative fair value of the contingent consideration liability. For projected fiscal year of payment, the amount represents the median of the inputs and is not a weighted average.