Borrowings (Tables)

9 Months Ended

Apr. 30, 2016

Debt Disclosure [Abstract]

Schedule Of Short-Term Debt

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

	April 30, 2016				July 25, 2015
	Amount		Effective Rate		Amount		Effective Rate
Current portion of long-term debt	$	4,163	0.94	%	$	3,894	2.48	%
Other short-term debt	1		2.08	%	3		2.44	%
Total	$	4,164			$	3,897

Schedule Of Long-Term Debt

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

			April 30, 2016				July 25, 2015
	Maturity Date		Amount			Effective Rate	Amount			Effective Rate
Senior notes:
Floating-rate notes:
Three-month LIBOR plus 0.05%	September 3, 2015		$	—		—	$	850		0.43%
Three-month LIBOR plus 0.28%	March 3, 2017		1,000			0.98%	1,000			0.63%
Three-month LIBOR plus 0.60%	February 21, 2018	(1)	1,000			1.30%	—			—
Three-month LIBOR plus 0.31%	June 15, 2018		900			1.01%	900			0.65%
Three-month LIBOR plus 0.50%	March 1, 2019		500			1.20%	500			0.84%
Fixed-rate notes:
5.50%	February 22, 2016		—			—	3,000			3.07%
1.10%	March 3, 2017		2,400			0.84%	2,400			0.59%
3.15%	March 14, 2017		750			1.20%	750			0.85%
1.40%	February 28, 2018	(1)	1,250			1.47%	—			—
1.65%	June 15, 2018		1,600			1.72%	1,600			1.72%
4.95%	February 15, 2019		2,000			4.76%	2,000			4.70%
1.60%	February 28, 2019	(1)	1,000			1.67%	—			—
2.125%	March 1, 2019		1,750			1.05%	1,750			0.80%
4.45%	January 15, 2020		2,500			3.21%	2,500			3.01%
2.45%	June 15, 2020		1,500			2.54%	1,500			2.54%
2.20%	February 28, 2021	(1)	2,500			2.30%	—			—
2.90%	March 4, 2021		500			1.21%	500			0.96%
3.00%	June 15, 2022		500			1.46%	500			1.21%
2.60%	February 28, 2023	(1)	500			2.68%	—			—
3.625%	March 4, 2024		1,000			1.33%	1,000			1.08%
3.50%	June 15, 2025		500			1.62%	500			1.37%
2.95%	February 28, 2026	(1)	750			3.01%	—			—
5.90%	February 15, 2039		2,000			6.11%	2,000			6.11%
5.50%	January 15, 2040		2,000			5.67%	2,000			5.67%
Other long-term debt			—				1			2.08%
Total			28,400				25,251
Unaccreted discount/issuance costs			(141		)		(131		)
Hedge accounting fair value adjustments			335				231
Total			$	28,594			$	25,351
Reported as:
Current portion of long-term debt			$	4,163			$	3,894
Long-term debt			24,431				21,457
Total			$	28,594			$	25,351

Schedule Of Principal Payments For Long-Term Debt

As of April 30, 2016, future principal payments for long-term debt, including the current portion, are summarized as follows (in millions):

Fiscal Year	Amount
2016 (remaining three months)	$	—
2017	4,150
2018	4,750
2019	5,250
2020	4,000
Thereafter	10,250
Total	$	28,400