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Short-term Borrowings and Long-term Debt
 6 Months Ended
Jan. 26, 2020
Debt Disclosure [Abstract]  
Short-term Borrowings and Long-term Debt Short-term Borrowings and Long-term Debt
Short-term borrowings consist of the following:
January 26,
2020		July 28,
2019
Commercial paper$401  $853  
Notes500  500  
Finance leases1  1  
Build-to-suit lease commitment —  20  
Other(1)
—  (3) 
Total short-term borrowings$902  $1,371  
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(1)Includes unamortized net discount/premium on debt issuances and debt issuance costs.
Long-term debt consists of the following:
TypeFiscal Year of MaturityRateJanuary 26, 2020July 28,
2019
Notes2020Variable  $500  $500  
Notes2021Variable  400  400  
Senior Term Loan2021Variable  —  499  
Notes20213.30%  321  650  
Notes20214.25%  —  500  
Debentures20218.88%  200  200  
Notes20232.50%  450  450  
Notes20233.65%  566  1,200  
Notes20253.95%  850  850  
Notes20253.30%  300  300  
Notes20284.15%  1,000  1,000  
Notes20423.80%  163  400  
Notes20484.80%  700  700  
Finance leases4  3  
Other(1)
(35) (49) 
Total$5,419  $7,603  
Less current portion500  500  
Total long-term debt$4,919  $7,103  
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(1)Includes unamortized net discount/premium on debt issuances and debt issuance costs.
On January 22, 2020, we completed the redemption of all $500 outstanding aggregate principal amount of our 4.25% Senior Notes due 2021. On January 24, 2020, we settled the tender offers to purchase $1,200 in aggregate principal amount of certain senior unsecured debt, comprised of $329 of 3.30% Senior Notes due 2021, $634 of 3.65% Senior Notes due 2023, and $237 of 3.80% Senior Notes due 2042. The total consideration for the redemption and the tender offers was $1,765 and the total carrying amount of the purchased notes was $1,691, resulting in a loss of $75 (including $65 of premium, as well as accrued fees and other costs associated with the tender offers) which was recorded in Interest expense in the Consolidated Statement of Earnings. In addition, we paid accrued and unpaid interest on the purchased notes through the dates of settlement.