Net Income per Share (Tables)

6 Months Ended

Jan. 25, 2020

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				Six Months Ended
	January 25, 2020		January 26, 2019		January 25, 2020		January 26, 2019
Net income	$	2,878	$	2,822	$	5,804	$	6,371
Weighted-average shares—basic	4,242		4,470		4,244		4,517
Effect of dilutive potential common shares	18		35		21		40
Weighted-average shares—diluted	4,260		4,505		4,265		4,557
Net income per share—basic	$	0.68	$	0.63	$	1.37	$	1.41
Net income per share—diluted	$	0.68	$	0.63	$	1.36	$	1.40
Antidilutive employee share-based awards, excluded	29		27		32		28