Net Income (Loss) per Share (Tables)

9 Months Ended

Apr. 27, 2019

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Net Income per Share

The following table presents the calculation of basic and diluted net income (loss) per share (in millions, except per-share amounts):

	Three Months Ended				Nine Months Ended
	April 27, 2019		April 28, 2018		April 27, 2019		April 28, 2018
Net income (loss)	$	3,044	$	2,691	$	9,415	$	(3,693	)
Weighted-average shares—basic	4,370		4,791		4,468		4,892
Effect of dilutive potential common shares	45		53		41		—
Weighted-average shares—diluted	4,415		4,844		4,509		4,892
Net income (loss) per share—basic	$	0.70	$	0.56	$	2.11	$	(0.76	)
Net income (loss) per share—diluted	$	0.69	$	0.56	$	2.09	$	(0.76	)