Net Income per Share (Tables)

9 Months Ended

Apr. 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				Nine Months Ended
	April 25, 2020		April 27, 2019		April 25, 2020		April 27, 2019
Net income	$	2,774	$	3,044	$	8,578	$	9,415
Weighted-average shares—basic	4,230		4,370		4,239		4,468
Effect of dilutive potential common shares	13		45		19		41
Weighted-average shares—diluted	4,243		4,415		4,258		4,509
Net income per share—basic	$	0.66	$	0.70	$	2.02	$	2.11
Net income per share—diluted	$	0.65	$	0.69	$	2.01	$	2.09
Antidilutive employee share-based awards, excluded	14		5		42		32