Borrowings (Tables)

12 Months Ended

Jul. 27, 2013

Debt Disclosure [Abstract]

Schedule Of Short-Term Debt

The following table summarizes the Company’s short-term debt (in millions, except percentages):

	July 27, 2013				July 28, 2012
	Amount		Weighted-Average Interest Rate		Amount		Weighted-Average Interest Rate
Current portion of long-term debt	$	3,273	0.63	%	$	—	—	%
Other notes and borrowings	10		2.52	%	31		6.72	%
Total short-term debt	$	3,283			$	31

Schedule Of Long-Term Debt

The following table summarizes the Company’s long-term debt (in millions, except percentages):

	July 27, 2013				July 28, 2012
	Amount			Effective Rate	Amount			Effective Rate
Senior notes:
Floating-rate notes, due 2014	$	1,250		0.62%	$	1,250		0.81%
1.625% fixed-rate notes, due 2014	2,000			0.64%	2,000			0.84%
2.90% fixed-rate notes, due 2014	500			3.11%	500			3.11%
5.50% fixed-rate notes, due 2016	3,000			3.07%	3,000			3.16%
3.15% fixed-rate notes, due 2017	750			0.84%	750			1.03%
4.95% fixed-rate notes, due 2019	2,000			4.70%	2,000			5.08%
4.45% fixed-rate notes, due 2020	2,500			4.15%	2,500			4.50%
5.90% fixed-rate notes, due 2039	2,000			6.11%	2,000			6.11%
5.50% fixed-rate notes, due 2040	2,000			5.67%	2,000			5.67%
Other long-term debt	21			1.46%	10			0.19%
Total	16,021				16,010
Unaccreted discount	(65		)		(70		)
Hedge accounting fair value adjustments	245				357
Total	$	16,201			$	16,297
Reported as:
Current portion of long-term debt	$	3,273			$	—
Long-term debt	12,928				16,297
Total	$	16,201			$	16,297

Schedule Of Principal Payments For Long-Term Debt

Future principal payments for long-term debt as of July 27, 2013 are summarized as follows (in millions):

Fiscal Year	Amount
2014	$	3,260
2015	507
2016	3,003
2017	751
2018	—
Thereafter	8,500
Total	$	16,021