Borrowings (Tables)

6 Months Ended

Jan. 25, 2014

Debt Disclosure [Abstract]

Schedule Of Short-Term Debt

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

	January 25, 2014				July 27, 2013
	Amount		Weighted-Average Interest Rate		Amount		Weighted-Average Interest Rate
Current portion of long-term debt	$	3,752	0.93	%	$	3,273	0.63	%
Commercial paper	1,000		0.12	%	—		—
Other notes and borrowings	10		2.55	%	10		2.52	%
Total short-term debt	$	4,762			$	3,283

Schedule Of Long-Term Debt

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

	January 25, 2014				July 27, 2013
	Amount			Effective Rate	Amount			Effective Rate
Senior Notes:
Floating-rate notes, due 2014	$	1,250		0.58%	$	1,250		0.62%
1.625% fixed-rate notes, due 2014	2,000			0.61%	2,000			0.64%
2.90% fixed-rate notes, due 2014	500			3.11%	500			3.11%
5.50% fixed-rate notes, due 2016	3,000			3.05%	3,000			3.07%
3.15% fixed-rate notes, due 2017	750			0.81%	750			0.84%
4.95% fixed-rate notes, due 2019	2,000			4.69%	2,000			4.70%
4.45% fixed-rate notes, due 2020	2,500			3.37%	2,500			4.15%
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	6			2.58%	21			1.46%
Total	16,006				16,021
Unaccreted discount	(62		)		(65		)
Hedge accounting fair value adjustments	193				245
Total	$	16,137			$	16,201
Reported as:
Current portion of long-term debt	$	3,752			$	3,273
Long-term debt	12,385				12,928
Total	$	16,137			$	16,201

Schedule Of Principal Payments For Long-Term Debt

As of January 25, 2014, future principal payments for long-term debt, including the current portion, are summarized as follows (in millions):

Fiscal Year	Amount
2014 (remaining six months)	$	3,250
2015	503
2016	3,003
2017	750
2018	—
Thereafter	8,500
Total	$	16,006