Derivatives and Foreign Exchange Risk Management (Tables)

6 Months Ended

Oct. 26, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss) in Statement of Financial Performance

(in millions)		Three months ended
Derivatives Not Designated as Hedging Instruments	Location	October 26, 2012		October 28, 2011
Foreign currency exchange rate contracts	Other expense, net	$	(67)	$	37
(in millions)		Six months ended
Derivatives Not Designated as Hedging Instruments	Location	October 26, 2012		October 28, 2011
Foreign currency exchange rate contracts	Other expense, net	$	(20)	$	20

Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Other Comprehensive Income, Location

Three months ended
October 26, 2012
(in millions)	Gross (Losses)/Gains Recognized in OCI on Effective Portion of Derivative		Effective Portion of (Losses)/Gains on Derivative Reclassified from Accumulated Other Comprehensive Loss into Income
Derivatives in Cash Flow Hedging Relationships		Amount	Location		Amount
Foreign currency exchange rate contracts	$	(110)	Other expense, net	$	19
			Cost of products sold		3
Total	$	(110)		$	22
Three months ended
October 28, 2011
(in millions)	Gross (Losses)/Gains Recognized in OCI on Effective Portion of Derivative		Effective Portion of (Losses)/Gains on Derivative Reclassified from Accumulated Other Comprehensive Loss into Income
Derivatives in Cash Flow Hedging Relationships		Amount	Location		Amount
Foreign currency exchange rate contracts	$	111	Other expense, net	$	(55)
			Cost of products sold		7
Total	$	111		$	(48)
Six months ended
October 26, 2012
(in millions)	Gross (Losses)/Gains Recognized in OCI on Effective Portion of Derivative		Effective Portion of (Losses)/Gains on Derivative Reclassified from Accumulated Other Comprehensive Loss into Income
Derivatives in Cash Flow Hedging Relationships		Amount	Location		Amount
Foreign currency exchange rate contracts	$	(1)	Other expense, net	$	42
			Cost of products sold		1
Total	$	(1)		$	43
Six months ended
October 28, 2011
(in millions)	Gross (Losses)/Gains Recognized in OCI on Effective Portion of Derivative		Effective Portion of (Losses)/Gains on Derivative Reclassified from Accumulated Other Comprehensive Loss into Income
Derivatives in Cash Flow Hedging Relationships		Amount	Location		Amount
Foreign currency exchange rate contracts	$	131	Other expense, net	$	(109)
			Cost of products sold		15
Total	$	131		$	(94)

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

October 26, 2012
	Asset Derivatives			Liability Derivatives
(in millions)	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Foreign currency exchange rate contracts	Prepaid expenses and other current assets	$	71	Other accrued expenses	$	33
Interest rate contracts	Other assets		194	Other long-term liabilities		86
Foreign currency exchange rate contracts	Other assets		17	Other long-term liabilities		12
Total derivatives designated as hedging instruments		$	282		$	131
Derivatives not designated as hedging instruments
Foreign currency exchange rate contracts	Prepaid expenses and other current assets	$	1	Other accrued expenses	$	-
Total derivatives not designated as hedging instruments		$	1		$	-
Total derivatives		$	283		$	131
April 27, 2012
	Asset Derivatives			Liability Derivatives
(in millions)	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Foreign currency exchange rate contracts	Prepaid expenses and other current assets	$	74	Other accrued expenses	$	33
Interest rate contracts	Other assets		167	Other long-term liabilities		45
Foreign currency exchange rate contracts	Other assets		13	Other long-term liabilities		2
Total derivatives designated as hedging instruments		$	254		$	80
Derivatives not designated as hedging instruments
Foreign currency exchange rate contracts	Prepaid expenses and other current assets	$	-	Other accrued expenses	$	2
Total derivatives not designated as hedging instruments		$	-		$	2
Total derivatives		$	254		$	82