Net Income per Share (Tables)

12 Months Ended

Jul. 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):

Years Ended	July 25, 2020		July 27, 2019		July 28, 2018
Net income	$	11,214	$	11,621	$	110
Weighted-average shares—basic	4,236		4,419		4,837
Effect of dilutive potential common shares	18		34		44
Weighted-average shares—diluted	4,254		4,453		4,881
Net income per share—basic	$	2.65	$	2.63	$	0.02
Net income per share—diluted	$	2.64	$	2.61	$	0.02
Antidilutive employee share-based awards, excluded	76		55		61