Derivative Instruments (Tables)

3 Months Ended

Oct. 26, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives Recorded At Fair Value

The fair values of the Company’s derivative instruments and the line items on the Consolidated Balance Sheets to which they were recorded are summarized as follows (in millions):

	DERIVATIVE ASSETS					DERIVATIVE LIABILITIES
	Balance Sheet Line Item	October 26, 2013		July 27, 2013		Balance Sheet Line Item	October 26, 2013		July 27, 2013
Derivatives designated as hedging instruments:
Foreign currency derivatives	Other current assets	$	57	$	33	Other current liabilities	$	10	$	7
Interest rate derivatives	Other assets	164		147		Other long-term liabilities	—		2
Equity derivatives	Other current assets	—		—		Other current liabilities	122		155
Total		221		180			132		164
Derivatives not designated as hedging instruments:
Foreign currency derivatives	Other current assets	3		2		Other current liabilities	13		7
Total		$	224	$	182		$	145	$	171

Gains And Losses On Derivatives Designated As Cash Flow Hedges

The effects of the Company’s cash flow and net investment hedging instruments on OCI and the Consolidated Statements of Operations are summarized as follows (in millions):

GAINS (LOSSES) RECOGNIZED IN OCI ON DERIVATIVES FOR THE THREE MONTHS ENDED (EFFECTIVE PORTION)							GAINS (LOSSES) RECLASSIFIED FROM AOCI INTO INCOME FOR THE THREE MONTHS ENDED (EFFECTIVE PORTION)
Derivatives designated as cash flow hedging instruments:	October 26, 2013			October 27, 2012			Line Item in Statements of Operations	October 26, 2013		October 27, 2012
Foreign currency derivatives	$	38		$	66		Operating expenses	$	7	$	(4	)
							Cost of sales - service	2		(1		)
Total	$	38		$	66			$	9	$	(5	)
Derivatives designated as net investment hedging instruments:
Foreign currency derivatives	$	(19	)	$	(24	)	Other income (loss), net	$	—	$	—

Schedule Of Derivative Fair Value Hedge Instruments Gain Loss In Statement Of Financial Performance [Text Block]

The effect on the Consolidated Statements of Operations of derivative instruments designated as fair value hedges and the underlying hedged items is summarized as follows (in millions):

		GAINS (LOSSES) ON DERIVATIVES INSTRUMENTS FOR THE THREE MONTHS ENDED						GAINS (LOSSES) RELATED TO HEDGED ITEMS FOR THE THREE MONTHS ENDED
Derivatives Designated as Fair Value Hedging Instruments	Line Item in Statements of Operations	October 26, 2013			October 27, 2012			October 26, 2013			October 27, 2012
Equity derivatives	Other income (loss), net	$	(35	)	$	(3	)	$	35		$	3
Interest rate derivatives	Interest expense	18			(18		)	(20		)	18
Total		$	(17	)	$	(21	)	$	15		$	21

Effect Of Derivative Instruments Not Designated As Hedges On Consolidated Statement Of Operations Summary

The effect on the Consolidated Statements of Operations of derivative instruments not designated as hedges is summarized as follows (in millions):

		GAINS (LOSSES) FOR THE THREE MONTHS ENDED
Derivatives Not Designated as Hedging Instruments	Line Item in Statements of Operations	October 26, 2013		October 27, 2012
Foreign currency derivatives	Other income (loss), net	$	43	$	53
Total return swaps - deferred compensation	Operating expenses	17		14
Equity derivatives	Other income (loss), net	11		9
Total		$	71	$	76

Schedule Of Notional Amounts Of Derivatives Outstanding

The notional amounts of the Company’s outstanding derivatives are summarized as follows (in millions):

	October 26, 2013		July 27, 2013
Derivatives designated as hedging instruments:
Foreign currency derivatives - cash flow hedges	$	1,772	$	1,885
Interest rate derivatives	5,750		5,250
Net investment hedging instruments	577		662
Equity derivatives	779		1,098
Derivatives not designated as hedging instruments:
Foreign currency derivatives	3,526		3,739
Total return swaps-deferred compensation	396		358
Total	$	12,800	$	12,992

Offsetting Assets [Table Text Block]

As of October 26, 2013 and July 27, 2013, information related to these offsetting arrangements was as follows (in millions):

	October 26, 2013
	DERIVATIVES OFFSET IN BALANCE SHEET						DERIVATIVES ELIGIBLE FOR OFFSETTING
	Gross Derivative Amounts		Gross Derivative Amounts Offset in Balance Sheet		Net Amount		Gross Derivative Amounts		Gross Derivative Amounts Eligible for Offsetting			Net Amount
Fair value of assets	$	224	$	—	$	224	$	224	$	(99	)	$	125
Fair value of liabilities	$	145	$	—	$	145	$	145	$	(99	)	$	46

	July 27, 2013
	DERIVATIVES OFFSET IN BALANCE SHEET						DERIVATIVES ELIGIBLE FOR OFFSETTING
	Gross Derivative Amounts		Gross Derivative Amounts Offset in Balance Sheet		Net Amount		Gross Derivative Amounts		Gross Derivative Amounts Eligible for Offsetting			Net Amount
Fair value of assets	$	182	$	—	$	182	$	182	$	(120	)	$	62
Fair value of liabilities	$	171	$	—	$	171	$	171	$	(120	)	$	51