Leases (Tables)

12 Months Ended

Apr. 28, 2023

Leases [Abstract]

Schedule of Balance Sheet Classification of Operating Leases and Amounts of Right-of-Use Assets and Lease Liabilities

The following table summarizes the balance sheet classification of the Company's operating leases and amounts of the right-of-use assets and lease liabilities at April 28, 2023 and April 29, 2022:

(in millions)	Balance Sheet Classification	April 28, 2023		April 29, 2022
Right-of-use assets	Other assets	$	1,041	$	854
Current liability	Other accrued expenses	180		167
Non-current liability	Other liabilities	869		703

Schedule of Components of Total Operating Lease Cost and Supplemental Lease Information

The following table summarizes the weighted-average remaining lease term and weighted-average discount rate for the Company's operating leases at April 28, 2023, April 29, 2022, and April 30, 2021:

	April 28, 2023	April 29, 2022	April 30, 2021
Weighted-average remaining lease term	9.1 Years	7.3 Years	7.5 years
Weighted-average discount rate	2.4%	2.0%	2.3%

The following table summarizes the components of total operating lease cost for fiscal year 2023, 2022, and 2021:

	Fiscal Year
(in millions)	2023		2022		2021
Operating lease cost	$	211	$	195	$	216
Short-term lease cost	62		65		35
Total operating lease cost	$	273	$	260	$	251

The following table summarizes the cash paid for amounts included in the measurement of operating lease liabilities and right-of-use assets obtained in exchange for operating lease liabilities for fiscal year 2023, 2022, and 2021:

	Fiscal Year
(in millions)	2023		2022		2021
Cash paid for amounts included in the measurement of operating lease liabilities	$	210	$	174	$	216
Right-of-use assets obtained in exchange for operating lease liabilities	417		78		230

Schedule of Maturities of Operating Leases

The following table summarizes the maturities of the Company's operating leases at April 28, 2023:

(in millions) Fiscal Year	Operating Leases
2024	$	204
2025	171
2026	144
2027	121
2028	94
Thereafter	426
Total expected lease payments	1,160
Less: Imputed interest	(111)
Total lease liability	$	1,049