Employee Benefit Plans (Tables)

3 Months Ended

Oct. 24, 2020

Summary of Share-Based Compensation Expense

The following table summarizes share-based compensation expense (in millions):


	Three Months Ended
	October 24, 2020		October 26, 2019
Cost of sales—product	$	24	$	23
Cost of sales—service	41		34
Share-based compensation expense in cost of sales	65		57
Research and development	167		146
Sales and marketing	134		127
General and administrative	61		60
Restructuring and other charges	11		8
Share-based compensation expense in operating expenses	373		341
Total share-based compensation expense	$	438	$	398
Income tax benefit for share-based compensation	$	81	$	131

Summary of Restricted Stock and Stock Unit Activity

A summary of the restricted stock and stock unit activity, which includes time-based and performance-based or market-based RSUs, is as follows (in millions, except per-share amounts):


	Restricted Stock/ Stock Units	Weighted-Average Grant Date Fair Value per Share		Aggregate Fair Value
UNVESTED BALANCE AT JULY 27, 2019	100	$	38.66
Granted	49	42.61
Vested	(44)	35.20		$	2,045
Canceled/forfeited/other	(9)	40.45
UNVESTED BALANCE AT JULY 25, 2020	96	42.03
Granted	10	37.16
Vested	(6)	39.95		$	264
Canceled/forfeited/other	(4)	39.17
UNVESTED BALANCE AT OCTOBER 24, 2020	96	$	41.77