Net Income per Share (Tables)

3 Months Ended

Oct. 24, 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
	October 24, 2020		October 26, 2019
Net income	$	2,174	$	2,926
Weighted-average shares—basic	4,230		4,246
Effect of dilutive potential common shares	14		27
Weighted-average shares—diluted	4,244		4,273
Net income per share—basic	$	0.51	$	0.69
Net income per share—diluted	$	0.51	$	0.68
Antidilutive employee share-based awards, excluded	35		11