Fair Value (Tables)

3 Months Ended

Oct. 26, 2013

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis as of October 26, 2013 and July 27, 2013 were as follows (in millions):



	OCTOBER 26, 2013 FAIR VALUE MEASUREMENTS						JULY 27, 2013 FAIR VALUE MEASUREMENTS
	Level 1		Level 2		Total Balance		Level 1		Level 2		Total Balance
Assets
Cash equivalents:
Money market funds	$	3,145	$	—	$	3,145	$	6,045	$	—	$	6,045
Available-for-sale investments:
U.S. government securities	—		28,638		28,638		—		27,823		27,823
U.S. government agency securities	—		2,399		2,399		—		3,089		3,089
Non-U.S. government and agency securities	—		909		909		—		1,095		1,095
Corporate debt securities	—		8,026		8,026		—		7,881		7,881
U.S. agency mortgage-backed securities	—		461		461		—		—		—
Publicly traded equity securities	2,514		—		2,514		2,797		—		2,797
Derivative assets	—		224		224		—		182		182
Total	$	5,659	$	40,657	$	46,316	$	8,842	$	40,070	$	48,912
Liabilities:
Derivative liabilities	$	—	$	145	$	145	$	—	$	171	$	171
Total	$	—	$	145	$	145	$	—	$	171	$	171

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis

The following table presents the Company’s financial instruments and nonfinancial assets that were measured at fair value on a nonrecurring basis during the indicated periods and the related recognized gains and losses for the periods (in millions):



	October 26, 2013					October 27, 2012
	Net Carrying Value as of End of Period		Total Losses for the Period Ended			Net Carrying Value as of End of Period		Total Losses for the Period Ended
Investments in privately held companies	$	—	$	(1	)	$	42	$	(10	)