Net Income per Share (Tables)

3 Months Ended

Oct. 26, 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 per share (in millions, except per-share amounts):

	Three Months Ended
	October 26, 2019		October 27, 2018
Net income	$	2,926	$	3,549
Weighted-average shares—basic	4,246		4,565
Effect of dilutive potential common shares	27		49
Weighted-average shares—diluted	4,273		4,614
Net income per share—basic	$	0.69	$	0.78
Net income per share—diluted	$	0.68	$	0.77
Antidilutive employee share-based awards, excluded	11		9