Financing Arrangements (Tables)

12 Months Ended

Apr. 29, 2022

Debt Disclosure [Abstract]

Schedule of Current Debt Obligations

Current debt obligations consisted of the following:

(in millions)	April 29, 2022		April 30, 2021
Bank borrowings	$	12	$	2
0.000 percent three-year 2019 senior notes	798		—
0.375 percent four-year 2019 senior notes	1,596		—
0.000 percent two-year 2020 senior notes	1,330		—
Finance lease obligations	6		9
Current debt obligations	$	3,742	$	11

Schedule of Long-term Debt

The Company's long-term debt obligations consisted of the following:

		April 29, 2022				April 30, 2021
(in millions, except interest rates)	Maturity by Fiscal Year	Amount		Effective Interest Rate		Amount		Effective Interest Rate
0.000 percent three-year 2019 senior notes	2023	$	—	—	%	$	907	0.08	%
0.375 percent four-year 2019 senior notes	2023	—		—		1,813		0.55
0.000 percent two-year 2020 senior notes	2023	—		—		1,511		0.12
3.500 percent ten-year 2015 senior notes	2025	1,890		3.74		1,890		3.74
0.250 percent six-year 2019 senior notes	2026	1,064		0.45		1,209		0.43
0.000 percent five-year 2020 senior notes	2026	1,064		0.25		1,209		0.22
1.125 percent eight-year 2019 senior notes	2027	1,596		1.26		1,813		1.24
3.350 percent ten-year 2017 senior notes	2027	368		3.53		368		3.53
0.375 percent eight-year 2020 senior notes	2029	1,064		0.52		1,209		0.51
1.625 percent twelve-year 2019 senior notes	2031	1,064		1.75		1,209		1.74
1.000 percent twelve-year 2019 senior notes	2032	1,064		1.06		1,209		1.05
0.750 percent twelve-year 2020 senior notes	2033	1,064		0.81		1,209		0.81
4.375 percent twenty-year 2015 senior notes	2035	1,932		4.47		1,932		4.47
6.550 percent thirty-year 2007 CIFSA senior notes	2038	253		4.67		253		4.67
2.250 percent twenty-year 2019 senior notes	2039	1,064		2.35		1,209		2.34
6.500 percent thirty-year 2009 senior notes	2039	158		6.56		158		6.56
1.500 percent twenty-year 2019 senior notes	2040	1,064		1.59		1,209		1.58
5.550 percent thirty-year 2010 senior notes	2040	224		5.58		224		5.58
1.375 percent twenty-year 2020 senior notes	2041	1,064		1.47		1,209		1.46
4.500 percent thirty-year 2012 senior notes	2042	105		4.54		105		4.54
4.000 percent thirty-year 2013 senior notes	2043	305		4.09		305		4.09
4.625 percent thirty-year 2014 senior notes	2044	127		4.67		127		4.67
4.625 percent thirty-year 2015 senior notes	2045	1,813		4.69		1,813		4.69
1.750 percent thirty-year 2019 senior notes	2050	1,064		1.88		1,209		1.87
1.625 percent thirty-year 2020 senior notes	2051	1,064		1.76		1,209		1.75
Finance lease obligations	2023-2035	56		9.15		62		9.29
Debt discount, net	2023-2051	(52)		—		(75)		—
Deferred financing costs	2023-2051	(109)		—		(125)		—
Long-term debt		$	20,372			$	26,378

Schedule of Maturities of Long-term Debt

Contractual maturities of debt for the next five fiscal years and thereafter, excluding deferred financing costs and debt discount, net, are as follows:

(in millions)
2023	$	3,744
2024	6
2025	1,895
2026	2,133
2027	1,969
Thereafter	14,528
Total	$	24,275