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Supplementary Financial Data (Unaudited) (Tables)
12 Months Ended
Jul. 25, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
Quarters Ended
July 25, 2020
 
April 25, 2020
 
January 25, 2020
 
October 26, 2019
Revenue
$
12,154

 
$
11,983

 
$
12,005

 
$
13,159

Gross margin
$
7,684

 
$
7,771

 
$
7,764

 
$
8,464

Operating income
$
3,247

 
$
3,414

 
$
3,380

 
$
3,579

Net income
$
2,636

 
$
2,774

 
$
2,878

 
$
2,926

Net income per share - basic
$
0.62

 
$
0.66

 
$
0.68

 
$
0.69

Net income per share - diluted
$
0.62

 
$
0.65

 
$
0.68

 
$
0.68

Cash dividends declared per common share
$
0.36

 
$
0.36

 
$
0.35

 
$
0.35

Cash and cash equivalents and investments
$
29,419

 
$
28,574

 
$
27,062

 
$
28,035

 
Quarters Ended
July 27, 2019 (1)
 
April 27, 2019
 
January 26, 2019
 
October 27, 2018
Revenue
$
13,428

 
$
12,958

 
$
12,446

 
$
13,072

Gross margin
$
8,574

 
$
8,173

 
$
7,773

 
$
8,146

Operating income
$
3,690

 
$
3,513

 
$
3,211

 
$
3,805

Net income
$
2,206

 
$
3,044

 
$
2,822

 
$
3,549

Net income per share - basic
$
0.52

 
$
0.70

 
$
0.63

 
$
0.78

Net income per share - diluted
$
0.51

 
$
0.69

 
$
0.63

 
$
0.77

Cash dividends declared per common share
$
0.35

 
$
0.35

 
$
0.33

 
$
0.33

Cash and cash equivalents and investments
$
33,413

 
$
34,643

 
$
40,383

 
$
42,593


(1) In the fourth quarter of fiscal 2019, we recorded an $872 million charge which was the reversal of the previously recorded benefit associated with the U.S. taxation of deemed foreign dividends recorded in fiscal 2018 as a result of a retroactive final U.S. Treasury regulation issued during the quarter.