$NTAP
NetApp, Inc.

2021 Q1 Form 10-Q Financial Statement

#000156459021009843 Filed on March 01, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q2 2020 Q1
Revenue $1.470B $1.401B $1.404B
YoY Change 4.7% -12.0% -10.17%
Cost Of Revenue $495.0M $460.0M $463.0M
YoY Change 6.91% -18.73% -20.31%
Gross Profit $975.0M $941.0M $941.0M
YoY Change 3.61% -8.28% -4.18%
Gross Profit Margin 66.33% 67.17% 67.02%
Selling, General & Admin $499.0M $452.0M $462.0M
YoY Change 8.01% -11.02% -1.28%
% of Gross Profit 51.18% 48.03% 49.1%
Research & Development $215.0M $212.0M $211.0M
YoY Change 1.9% 3.41% 3.94%
% of Gross Profit 22.05% 22.53% 22.42%
Depreciation & Amortization $54.00M $47.00M $47.00M
YoY Change 14.89% -2.08% -7.84%
% of Gross Profit 5.54% 4.99% 4.99%
Operating Expenses $717.0M $664.0M $673.0M
YoY Change 6.54% -6.87% 0.3%
Operating Profit $258.0M $277.0M $268.0M
YoY Change -3.73% -11.5% -13.83%
Interest Expense $19.00M -$9.000M $14.00M
YoY Change 35.71% -181.82% -12.5%
% of Operating Profit 7.36% -3.25% 5.22%
Other Income/Expense, Net -$11.00M -$8.000M $8.000M
YoY Change -237.5% -366.67% 0.0%
Pretax Income $247.0M $250.0M $276.0M
YoY Change -10.51% -34.9% -13.48%
Income Tax $65.00M $54.00M -$1.000M
% Of Pretax Income 26.32% 21.6% -0.36%
Net Earnings $182.0M $196.0M $277.0M
YoY Change -34.3% -50.51% 11.24%
Net Earnings / Revenue 12.38% 13.99% 19.73%
Basic Earnings Per Share $0.82 $1.23
Diluted Earnings Per Share $0.80 $875.0K $1.21
COMMON SHARES
Basic Shares Outstanding 223.0M 226.0M
Diluted Shares Outstanding 227.0M 229.0M

Balance Sheet

Concept 2021 Q1 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.894B $2.882B $3.008B
YoY Change 29.45% -26.08% -25.71%
Cash & Equivalents $3.808B $2.658B $2.705B
Short-Term Investments $86.00M $224.0M $303.0M
Other Short-Term Assets $315.0M $274.0M $276.0M
YoY Change 14.13% -24.73% -18.82%
Inventory $106.0M $145.0M $113.0M
Prepaid Expenses
Receivables $799.0M $973.0M $821.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $5.114B $4.274B $4.218B
YoY Change 21.24% -23.81% -21.32%
LONG-TERM ASSETS
Property, Plant & Equipment $731.0M $727.0M $740.0M
YoY Change -1.22% -4.22% -3.01%
Goodwill $2.039B $1.778B $1.770B
YoY Change 15.2% 2.48%
Intangibles
YoY Change
Long-Term Investments $71.00M $80.00M $78.00M
YoY Change -8.97%
Other Assets $692.0M $699.0M $712.0M
YoY Change -2.81% 18.47% 43.55%
Total Long-Term Assets $3.572B $3.248B $3.265B
YoY Change 9.4% 3.74% 6.8%
TOTAL ASSETS
Total Short-Term Assets $5.114B $4.274B $4.218B
Total Long-Term Assets $3.572B $3.248B $3.265B
Total Assets $8.686B $7.522B $7.483B
YoY Change 16.08% -13.95% -11.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $336.0M $426.0M $381.0M
YoY Change -11.81% -21.4% -23.34%
Accrued Expenses $761.0M $774.0M $660.0M
YoY Change 15.3% -9.05% 83.84%
Deferred Revenue $1.953B $1.894B $1.795B
YoY Change 8.8% 3.78%
Short-Term Debt $0.00 $522.0M $693.0M
YoY Change -100.0% 109.64% 325.15%
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $3.050B $3.616B $3.529B
YoY Change -13.57% -6.49% 2.89%
LONG-TERM LIABILITIES
Long-Term Debt $2.632B $1.146B $1.146B
YoY Change 129.67% 0.17% 0.17%
Other Long-Term Liabilities $651.0M $714.0M $748.0M
YoY Change -12.97% -10.41% -71.38%
Total Long-Term Liabilities $3.283B $1.860B $1.894B
YoY Change 73.34% -4.17% -49.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.050B $3.616B $3.529B
Total Long-Term Liabilities $3.283B $1.860B $1.894B
Total Liabilities $8.208B $7.280B $7.201B
YoY Change 13.98% -4.85% 0.18%
SHAREHOLDERS EQUITY
Retained Earnings $0.00
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $478.0M $242.0M $282.0M
YoY Change
Total Liabilities & Shareholders Equity $8.686B $7.522B $7.483B
YoY Change 16.08% -13.95% -11.11%

Cashflow Statement

Concept 2021 Q1 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income $182.0M $196.0M $277.0M
YoY Change -34.3% -50.51% 11.24%
Depreciation, Depletion And Amortization $54.00M $47.00M $47.00M
YoY Change 14.89% -2.08% -7.84%
Cash From Operating Activities $373.0M $383.0M $420.0M
YoY Change -11.19% -4.01% -6.87%
INVESTING ACTIVITIES
Capital Expenditures -$32.00M -$24.00M -$32.00M
YoY Change 0.0% -31.43% 3.23%
Acquisitions
YoY Change
Other Investing Activities $33.00M $66.00M $143.0M
YoY Change -76.92% -69.72% -16.37%
Cash From Investing Activities $1.000M $42.00M $111.0M
YoY Change -99.1% -77.05% -20.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -122.0M -440.0M -372.0M
YoY Change -67.2% -14.4% -45.93%
NET CHANGE
Cash From Operating Activities 373.0M 383.0M 420.0M
Cash From Investing Activities 1.000M 42.00M 111.0M
Cash From Financing Activities -122.0M -440.0M -372.0M
Net Change In Cash 252.0M -15.00M 159.0M
YoY Change 58.49% -122.06% -263.92%
FREE CASH FLOW
Cash From Operating Activities $373.0M $383.0M $420.0M
Capital Expenditures -$32.00M -$24.00M -$32.00M
Free Cash Flow $405.0M $407.0M $452.0M
YoY Change -10.4% -6.22% -6.22%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q2 us-gaap Change In Accounting Principle Accounting Standards Update Adopted
ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted
true
CY2020Q2 us-gaap Change In Accounting Principle Accounting Standards Update Immaterial Effect
ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect
true
CY2020Q2 us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
us-gaap:AccountingStandardsUpdate201613Member
us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
us-gaap:AccountingStandardsUpdate201602Member
CY2021Q1 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsNoncurrent
CY2020Q2 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsNoncurrent
CY2021Q1 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
us-gaap:AccruedLiabilitiesCurrent
CY2020Q2 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
us-gaap:AccruedLiabilitiesCurrent
CY2021Q1 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilitiesNoncurrent
CY2020Q2 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilitiesNoncurrent
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
182000000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
370000000
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1429000000
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1361000000
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
731000000
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2000000
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
39000000
CY2021Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
50000000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
46000000
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
536000000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
277000000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3000000
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
44000000
CY2020Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
500000000
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
36000000
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
282000000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
242000000
us-gaap Net Income Loss
NetIncomeLoss
396000000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
8000000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
54000000
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
50000000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
149000000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.44
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
321000000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
478000000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1090000000
us-gaap Net Income Loss
NetIncomeLoss
623000000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4000000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
25000000
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1250000000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
118000000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.44
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
334000000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
282000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
40000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
30000000
CY2020Q2 us-gaap Change In Accounting Principle Accounting Standards Update Adoption Date
ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate
2020-04-25
CY2020Q2 us-gaap Goodwill
Goodwill
1778000000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
261000000
CY2021Q1 us-gaap Goodwill
Goodwill
2039000000
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
256000000
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
146000000
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
110000000
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
196000000
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
152000000
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
44000000
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15000000
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8000000
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3808000000
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2658000000
CY2021Q1 us-gaap Restricted Cash
RestrictedCash
6000000
CY2020Q2 us-gaap Restricted Cash
RestrictedCash
8000000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3814000000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2666000000
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
19000000
CY2020Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
28000000
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
87000000
CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
117000000
CY2021Q1 us-gaap Inventory Net
InventoryNet
106000000
CY2020Q2 us-gaap Inventory Net
InventoryNet
145000000
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2160000000
CY2020Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2088000000
CY2020Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
41000000
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
727000000
CY2021Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
224000000
CY2020Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
220000000
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
120000000
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
137000000
CY2021Q1 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
348000000
CY2020Q2 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
342000000
CY2021Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
692000000
CY2020Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
699000000
CY2021Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
365000000
CY2020Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
322000000
CY2021Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
22000000
CY2020Q2 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
26000000
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
50000000
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
51000000
CY2021Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
324000000
CY2020Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
375000000
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
761000000
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
774000000
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
35000000
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
40000000
CY2020Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
41000000
CY2019Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
40000000
CY2021Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
5000000
CY2020Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
7000000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
10000000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
19000000
CY2021Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
6000000
CY2020Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
6000000
CY2020Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
41000000
CY2021Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
34000000
CY2021Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
22000000
CY2020Q2 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
26000000
CY2021Q1 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
12000000
CY2020Q2 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
15000000
CY2021Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
34000000
CY2020Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
41000000
CY2021Q1 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
133000000
CY2020Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
136000000
CY2021Q1 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
351000000
CY2020Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
399000000
CY2021Q1 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
12000000
CY2020Q2 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
15000000
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
76000000
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
93000000
CY2021Q1 ntap Other Liabilities Miscellaneous Noncurrent
OtherLiabilitiesMiscellaneousNoncurrent
79000000
CY2020Q2 ntap Other Liabilities Miscellaneous Noncurrent
OtherLiabilitiesMiscellaneousNoncurrent
71000000
CY2021Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
651000000
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
714000000
CY2021Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
2000000
CY2020Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
10000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
7000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
41000000
CY2021Q1 us-gaap Interest Expense
InterestExpense
19000000
CY2020Q1 us-gaap Interest Expense
InterestExpense
14000000
us-gaap Interest Expense
InterestExpense
55000000
us-gaap Interest Expense
InterestExpense
41000000
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6000000
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
12000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
26000000
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-11000000
CY2020Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
8000000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-50000000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
26000000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1404000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4189000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4011000000
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3828000000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
11000000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7000000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
309000000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
266000000
us-gaap Interest Paid Net
InterestPaidNet
51000000
us-gaap Interest Paid Net
InterestPaidNet
40000000
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1470000000
CY2020Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3698000000
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1953000000
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1894000000
CY2021Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1875000000
CY2020Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1804000000
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3828000000
CY2020Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3698000000
CY2020Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3698000000
CY2019Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3668000000
ntap Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
2269000000
ntap Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
1759000000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-2139000000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-1854000000
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3828000000
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3573000000
ntap Revenue Recognized From Beginning Contract With Customer Liability
RevenueRecognizedFromBeginningContractWithCustomerLiability
1687000000
ntap Revenue Recognized From Beginning Contract With Customer Liability
RevenueRecognizedFromBeginningContractWithCustomerLiability
1504000000
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3828000000
CY2021Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.51
CY2021Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2021Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2021Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.25
CY2020Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
156000000
CY2019Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
172000000
ntap Deferred Sales Commission Additions
DeferredSalesCommissionAdditions
89000000
ntap Deferred Sales Commission Additions
DeferredSalesCommissionAdditions
52000000
us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
73000000
us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
72000000
CY2021Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
172000000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis
95000000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
95000000
CY2020Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
152000000
CY2021Q1 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
71000000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis
44000000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
45000000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis
5000000
CY2020Q2 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
67000000
CY2021Q1 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
101000000
CY2020Q2 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
89000000
CY2021Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
172000000
CY2020Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
156000000
CY2021Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
183000000
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1000000
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
184000000
CY2020Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
414000000
CY2020Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1000000
CY2020Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0
CY2020Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
415000000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue
5000000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
144000000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
145000000
CY2021Q1 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
3894000000
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2632000000
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1146000000
CY2021Q1 us-gaap Commercial Paper
CommercialPaper
0
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
13000000
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
13000000
us-gaap Operating Lease Cost
OperatingLeaseCost
41000000
us-gaap Operating Lease Cost
OperatingLeaseCost
42000000
CY2021Q1 us-gaap Variable Lease Cost
VariableLeaseCost
3000000
CY2020Q1 us-gaap Variable Lease Cost
VariableLeaseCost
4000000
us-gaap Variable Lease Cost
VariableLeaseCost
8000000
us-gaap Variable Lease Cost
VariableLeaseCost
12000000
CY2021Q1 us-gaap Lease Cost
LeaseCost
16000000
CY2020Q1 us-gaap Lease Cost
LeaseCost
17000000
us-gaap Lease Cost
LeaseCost
49000000
us-gaap Lease Cost
LeaseCost
54000000
us-gaap Operating Lease Payments
OperatingLeasePayments
43000000
us-gaap Operating Lease Payments
OperatingLeasePayments
43000000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
19000000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
32000000
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
120000000
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
137000000
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
120000000
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
137000000
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
50000000
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
51000000
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
76000000
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
93000000
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
144000000
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y4M24D
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y10M24D
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.028
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.027
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
16000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
49000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
29000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
18000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
10000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
3000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
132000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
6000000
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
126000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4000000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
4000000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
1000000
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
2000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
13200000000
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
46000000
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
36000000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
149000000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
118000000
CY2021Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4000000
CY2020Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3000000
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-3000000
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
2000000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
12000000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
11000000
CY2021Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
363000000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y3M18D
CY2021Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
13600000000
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1000000
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
64.78
CY2021Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
427000000
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
339000000
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
38.92
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.44
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.44
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-11000000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
8000000
CY2020Q2 us-gaap Restructuring Reserve
RestructuringReserve
1000000
CY2019Q2 us-gaap Restructuring Reserve
RestructuringReserve
19000000
us-gaap Restructuring Charges
RestructuringCharges
42000000
us-gaap Restructuring Charges
RestructuringCharges
21000000
us-gaap Payments For Restructuring
PaymentsForRestructuring
41000000
us-gaap Payments For Restructuring
PaymentsForRestructuring
34000000
us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
0
us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
-4000000
CY2021Q1 us-gaap Restructuring Reserve
RestructuringReserve
2000000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.247
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.102
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
224000000
CY2021Q1 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
133000000
CY2021Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
133000000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
182000000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
277000000
us-gaap Net Income Loss
NetIncomeLoss
396000000
us-gaap Net Income Loss
NetIncomeLoss
623000000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
223000000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
226000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
222000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
233000000
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4000000
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000000
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
731000000
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
727000000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
227000000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
229000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
225000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
236000000
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.82
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.78
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.67
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.80
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.76
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.64
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5000000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3000000
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3000000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1470000000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1404000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4189000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4011000000
CY2021Q1 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
3894000000
CY2020Q2 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
2882000000
CY2021Q1 ntap Accrued Liability For Quantities In Excess Of Future Demand Forecasts With Contract Manufacturers
AccruedLiabilityForQuantitiesInExcessOfFutureDemandForecastsWithContractManufacturers
8000000
CY2020Q2 ntap Accrued Liability For Quantities In Excess Of Future Demand Forecasts With Contract Manufacturers
AccruedLiabilityForQuantitiesInExcessOfFutureDemandForecastsWithContractManufacturers
6000000
us-gaap Proceeds From Sale And Collection Of Finance Receivables
ProceedsFromSaleAndCollectionOfFinanceReceivables
61000000
us-gaap Proceeds From Sale And Collection Of Finance Receivables
ProceedsFromSaleAndCollectionOfFinanceReceivables
49000000
us-gaap Loss Contingency Lawsuit Filing Date
LossContingencyLawsuitFilingDate
August 14, 2019
us-gaap Loss Contingency Domicile Of Litigation
LossContingencyDomicileOfLitigation
United States District Court for the Northern District of California
us-gaap Loss Contingency Name Of Defendant
LossContingencyNameOfDefendant
NetApp and certain of our executive officers
us-gaap Loss Contingency Laws Affected
LossContingencyLawsAffected
The complaint alleges that the defendants violated Section 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended, and SEC Rule 10b-5, by making materially false or misleading statements with respect to our financial guidance for fiscal 2020, as provided on May 22, 2019.
us-gaap Loss Contingency Managements Assessment And Process
LossContingencyManagementsAssessmentAndProcess
Although management at present believes that the ultimate outcome of these proceedings, individually and in the aggregate, will not materially harm our financial position, results of operations, cash flows, or overall trends, legal proceedings are subject to inherent uncertainties, and unfavorable rulings or other events could occur. Unfavorable resolutions could include significant monetary damages. In addition, in matters for which injunctive relief or other conduct remedies are sought, unfavorable resolutions could include an injunction or other order prohibiting us from selling one or more products at all or in particular ways or requiring other remedies. An unfavorable outcome may result in a material adverse impact on our business, results of operations, financial position, and overall trends.
CY2021Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0

Files In Submission

Name View Source Status
0001564590-21-009843-index-headers.html Edgar Link pending
0001564590-21-009843-index.html Edgar Link pending
0001564590-21-009843.txt Edgar Link pending
0001564590-21-009843-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
ntap-10q_20210129.htm Edgar Link pending
ntap-10q_20210129_htm.xml Edgar Link completed
ntap-20210129.xsd Edgar Link pending
ntap-20210129_cal.xml Edgar Link unprocessable
ntap-20210129_def.xml Edgar Link unprocessable
ntap-20210129_lab.xml Edgar Link unprocessable
ntap-20210129_pre.xml Edgar Link unprocessable
ntap-ex101_47.htm Edgar Link pending
ntap-ex311_9.htm Edgar Link pending
ntap-ex312_6.htm Edgar Link pending
ntap-ex321_7.htm Edgar Link pending
ntap-ex322_8.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending