Comprehensive Income (Loss)

6 Months Ended

Jan. 23, 2021

Equity [Abstract]

Comprehensive Income (Loss)

Comprehensive Income (Loss)

The components of AOCI, net of tax, and the other comprehensive income (loss), for the first six months of fiscal 2021 and 2020 are summarized as follows (in millions):

	Net Unrealized Gains (Losses) on Available-for-Sale Investments		Net Unrealized Gains (Losses) Cash Flow Hedging Instruments		Cumulative Translation Adjustment and Actuarial Gains (Losses)		Accumulated Other Comprehensive Income (Loss)
Balance at July 25, 2020	$	315	$	(6)	$	(828)	$	(519)
Other comprehensive income (loss) before reclassifications	(35)		(5)		345		305
(Gains) losses reclassified out of AOCI	(24)		(5)		2		(27)
Tax benefit (expense)	24		2		(3)		23
Balance at January 23, 2021	$	280	$	(14)	$	(484)	$	(218)

	Net Unrealized Gains (Losses) on Available-for-Sale Investments		Net Unrealized Gains (Losses) Cash Flow Hedging Instruments		Cumulative Translation Adjustment and Actuarial Gains (Losses)		Accumulated Other Comprehensive Income (Loss)
Balance at July 27, 2019	$	—	$	(14)	$	(778)	$	(792)
Other comprehensive income (loss) before reclassifications	168		—		(42)		126
(Gains) losses reclassified out of AOCI	(21)		2		2		(17)
Tax benefit (expense)	(17)		1		(1)		(17)
Balance at January 25, 2020	$	130	$	(11)	$	(819)	$	(700)