v3.26.1

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 24, 2026	Apr. 25, 2025
Current assets:
Cash and cash equivalents	$ 2,070	$ 2,742
Short-term investments	1,514	1,104
Accounts receivable	1,286	1,246
Inventories	198	186
Other current assets	708	573
Total current assets	5,776	5,851
Property and equipment, net	592	563
Goodwill	2,772	2,723
Purchased intangible assets, net	22	43
Other non-current assets	1,582	1,643
Total assets	10,744	10,823
Current liabilities:
Accounts payable	550	511
Accrued expenses	1,151	1,122
Current portion of long-term debt	0	750
Short-term deferred revenue	2,320	2,279
Total current liabilities	4,021	4,662
Long-term debt	2,487	2,485
Other long-term liabilities	360	379
Long-term deferred revenue	2,525	2,257
Total liabilities	9,393	9,783
Commitments and contingencies (Note 16)
Stockholders' equity:
Preferred stock, $0.001 par value, 5 shares authorized; no shares issued or outstanding as of April 25, 2025 or April 26, 2024	0	0
Common stock and additional paid-in capital, $0.001 par value, 885 shares authorized; 198 and 201 shares issued and outstanding as of April 24, 2026 and April 25, 2025, respectively	1,209	1,106
Retained earnings	153	0
Accumulated other comprehensive loss	(11)	(66)
Total stockholders' equity	1,351	1,040
Total liabilities and stockholders' equity	$ 10,744	$ 10,823

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

NetApp, Inc. 10-K