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Financial Instruments (Tables)
 12 Months Ended
Apr. 28, 2023
Investments [Abstract]  
Schedule of Investments by Category and Related Balance Sheet Presentation The following tables summarize the Company's investments in available-for-sale debt securities by significant investment category and the related consolidated balance sheet classification at April 28, 2023 and April 29, 2022:
April 28, 2023
ValuationBalance Sheet Classification
(in millions)CostUnrealized
Gains		Unrealized
Losses		Fair ValueInvestmentsOther Assets
Level 1:
U.S. government and agency securities$527 $— $(22)$505 $505 $— 
Level 2:
Corporate debt securities4,140 6 (162)3,984 3,984 — 
U.S. government and agency securities879 — (45)834 834 — 
Mortgage-backed securities560 — (54)506 506 — 
Non-U.S. government and agency securities15 — — 15 15 — 
Certificates of deposit10 — — 10 10 
Other asset-backed securities580 — (19)561 561 — 
Total Level 26,185 6 (281)5,911 5,911 — 
Level 3:
Auction rate securities36 — (3)33 — 33 
Total available-for-sale debt securities$6,748 $6 $(305)$6,449 $6,416 $33 
April 29, 2022
ValuationBalance Sheet Classification
(in millions)CostUnrealized
Gains		Unrealized
Losses		Fair ValueInvestmentsOther Assets
Level 1:
U.S. government and agency securities$533 $1 $(15)$518 $518 $— 
Level 2:
Corporate debt securities4,457 4 (140)4,321 4,321 — 
U.S. government and agency securities910 — (41)869 869 — 
Mortgage-backed securities592 — (35)558 558 — 
Non-U.S. government and agency securities17 — — 17 17 — 
Certificates of deposit20 — — 20 20 
Other asset-backed securities567 — (11)556 556 — 
Total Level 26,563 4 (227)6,341 6,341 — 
Level 3:
Auction rate securities36 — (3)33 — 33 
Total available-for-sale debt securities$7,131 $5 $(245)$6,893 $6,859 $33 
Schedule of Gross Unrealized Losses and Fair Values of Available-for-sale Securities that Have Been in a Continuous Unrealized Loss Position Deemed to be Temporary, Aggregated by Investment Category
The following tables present the gross unrealized losses and fair values of the Company’s available-for-sale debt securities that have been in a continuous unrealized loss position deemed to be temporary, aggregated by investment category at April 28, 2023 and April 29, 2022:
 April 28, 2023
 Less than 12 monthsMore than 12 months
(in millions)Fair ValueUnrealized
Losses		Fair ValueUnrealized
Losses
Corporate debt securities$286 $(4)$2,901 $(158)
U.S. government and agency securities89 (3)821 (64)
Mortgage-backed securities26 (1)460 (53)
Other asset-backed securities— — 545 (19)
Auction rate securities— — 33 (3)
Total$401 $(8)$4,760 $(297)
 April 29, 2022
 Less than 12 monthsMore than 12 months
(in millions)Fair ValueUnrealized
Losses		Fair ValueUnrealized
Losses
Corporate debt securities$222 $(1)$2,993 $(139)
U.S. government and agency securities— — 945 (56)
Mortgage-backed securities— — 507 (35)
Other asset-backed securities— — 526 (11)
Auction rate securities— — 33 (3)
Total$222 $(1)$5,004 $(244)
Schedule of Activity Related to the Company's Available for Sale Securities Portfolio
Activity related to the Company’s available-for-sale debt securities portfolio is as follows:
(in millions)April 28, 2023April 29, 2022April 30, 2021
Proceeds from sales and maturities$7,321 $9,611 $10,420 
Gross realized gains10 15 15 
Gross realized losses(43)(18)(14)
Schedule of Available-for-sale Debt Securities Contractual Maturities
The April 28, 2023 balance of available-for-sale debt securities by contractual maturity is shown in the following table. Within the table, maturities of mortgage-backed securities have been allocated based upon timing of estimated cash flows assuming no change in the current interest rate environment. Actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties.
(in millions)April 28, 2023
Due in one year or less$1,267 
Due after one year through five years3,704 
Due after five years through ten years803 
Due after ten years676 
Total debt securities$6,449 
Schedule of Equity and Other Investments
The following table summarizes the Company's equity and other investments at April 28, 2023 and April 29, 2022, which are classified as other assets in the consolidated balance sheets:
(in millions)April 28, 2023April 29, 2022
Investments with readily determinable fair value (marketable equity securities)$115 $64 
Investments for which the fair value option has been elected531 — 
Investments without readily determinable fair values872 732 
Equity method and other investments89 85 
Total equity and other investments$1,607 $881 
Schedule of Available-for-Sale Securities Reconciliation
The following table provides a reconciliation of the beginning and ending balances of the Mozarc investment for which the Fair Value Option has been elected:
(in millions)Fiscal Year 2023
Beginning Balance$— 
Initial valuation307 
Additional cash investment224 
Ending Balance$531