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Investments (Tables)
12 Months Ended
Jul. 30, 2016
Investments, Debt and Equity Securities [Abstract]  
Summary Of Available-For-Sale Investments
The following tables summarize the Company’s available-for-sale investments (in millions):
July 30, 2016
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
Fixed income securities:
 
 
 
 
 
 
 
U.S. government securities
$
26,473

 
$
73

 
$
(2
)
 
$
26,544

U.S. government agency securities
2,809

 
8

 

 
2,817

Non-U.S. government and agency securities
1,096

 
4

 

 
1,100

Corporate debt securities
24,044

 
263

 
(15
)
 
24,292

U.S. agency mortgage-backed securities
1,846

 
22

 

 
1,868

Total fixed income securities
56,268

 
370

 
(17
)
 
56,621

Publicly traded equity securities
1,211

 
333

 
(40
)
 
1,504

Total (1)
$
57,479

 
$
703

 
$
(57
)
 
$
58,125

 
 
 
 
 
 
 
 
July 25, 2015
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
Fixed income securities:
 
 
 
 
 
 
 
U.S. government securities
$
29,904

 
$
41

 
$
(6
)
 
$
29,939

U.S. government agency securities
3,662

 
2

 
(1
)
 
3,663

Non-U.S. government and agency securities
1,128

 
1

 
(1
)
 
1,128

Corporate debt securities
15,802

 
34

 
(53
)
 
15,783

U.S. agency mortgage-backed securities
1,456

 
8

 
(3
)
 
1,461

Total fixed income securities
51,952

 
86

 
(64
)
 
51,974

Publicly traded equity securities
1,092

 
480

 
(7
)
 
1,565

Total (1)
$
53,044

 
$
566

 
$
(71
)

$
53,539


(1) Includes investments that were pending settlement as of the respective fiscal years. The net unsettled investment purchases were $654 million and $4 million as of July 30, 2016 and July 25, 2015, respectively.
Non-U.S. government and agency securities include agency and corporate debt securities that are guaranteed by non-U.S. governments.
Gross Realized Gains And Gross Realized Losses Related To Available-For-Sale Investment
The following table presents the gross realized gains and gross realized losses related to the Company’s available-for-sale investments (in millions):
Years Ended
July 30, 2016
 
July 25, 2015
 
July 26, 2014
Gross realized gains
$
152

 
$
221

 
$
341

Gross realized losses
(153
)
 
(64
)
 
(41
)
Total
$
(1
)
 
$
157

 
$
300

The following table presents the realized net gains related to the Company’s available-for-sale investments by security type (in millions):
Years Ended
July 30, 2016
 
July 25, 2015
 
July 26, 2014
Net gains on investments in publicly traded equity securities
$
33

 
$
116

 
$
253

Net gains/(losses) on investments in fixed income securities
(34
)
 
41

 
47

Total
$
(1
)
 
$
157

 
$
300

Available-For-Sale Investments With Gross Unrealized Losses
The following tables present the breakdown of the available-for-sale investments with gross unrealized losses and the duration that those losses had been unrealized at July 30, 2016 and July 25, 2015 (in millions):
 
UNREALIZED LOSSES
LESS THAN 12 MONTHS
 
UNREALIZED LOSSES
12 MONTHS OR GREATER
 
TOTAL
July 30, 2016
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross 
Unrealized 
Losses
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
U.S. government securities 
$
2,414

 
$
(2
)
 
$

 
$

 
$
2,414

 
$
(2
)
U.S. government agency securities
144

 

 

 

 
144

 

Non-U.S. government and agency securities
61

 

 

 

 
61

 

Corporate debt securities
2,499

 
(7
)
 
1,208

 
(8
)
 
3,707

 
(15
)
U.S. agency mortgage-backed securities
174

 

 

 

 
174

 

Total fixed income securities
5,292

 
(9
)

1,208


(8
)

6,500


(17
)
Publicly traded equity securities
188

 
(40
)
 

 

 
188

 
(40
)
Total
$
5,480

 
$
(49
)
 
$
1,208

 
$
(8
)
 
$
6,688

 
$
(57
)
 
UNREALIZED LOSSES
LESS THAN 12 MONTHS
 
UNREALIZED LOSSES
12 MONTHS OR GREATER
 
TOTAL
July 25, 2015
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross 
Unrealized 
Losses
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
U.S. government securities 
$
6,412

 
$
(6
)
 
$

 
$

 
$
6,412

 
$
(6
)
U.S. government agency securities
1,433

 
(1
)
 

 

 
1,433

 
(1
)
Non-U.S. government and agency securities
515

 
(1
)
 
4

 

 
519

 
(1
)
Corporate debt securities
9,552

 
(49
)
 
312

 
(4
)
 
9,864

 
(53
)
U.S. agency mortgage-backed securities
579

 
(3
)
 

 

 
579

 
(3
)
Total fixed income securities
18,491

 
(60
)
 
316

 
(4
)
 
18,807

 
(64
)
Publicly traded equity securities
108

 
(7
)
 
2

 

 
110

 
(7
)
Total
$
18,599

 
$
(67
)
 
$
318

 
$
(4
)
 
$
18,917

 
$
(71
)
Maturities of Fixed Income Securities
The following table summarizes the maturities of the Company’s fixed income securities at July 30, 2016 (in millions): 
 
Amortized Cost
 
Fair Value
Less than 1 year
$
15,473

 
$
15,485

Due in 1 to 2 years
17,791

 
17,847

Due in 2 to 5 years
20,870

 
21,128

Due after 5 years
288

 
293

Mortgage-backed securities with no single maturity
1,846

 
1,868

Total
$
56,268

 
$
56,621

Equity Method Investments
 
July 30, 2016
 
July 25, 2015
Equity method investments
$
174

 
$
170

Cost method investments
829

 
727

Total
$
1,003

 
$
897