Employee Benefit Plans (Tables)

6 Months Ended

Jan. 23, 2021

Summary of Share-Based Compensation Expense

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


	Three Months Ended				Six Months Ended
	January 23, 2021		January 25, 2020		January 23, 2021		January 25, 2020
Cost of sales—product	$	25	$	23	$	49	$	46
Cost of sales—service	43		36		84		70
Share-based compensation expense in cost of sales	68		59		133		116
Research and development	171		146		338		292
Sales and marketing	128		119		262		246
General and administrative	59		55		120		115
Restructuring and other charges	10		5		21		13
Share-based compensation expense in operating expenses	368		325		741		666
Total share-based compensation expense	$	436	$	384	$	874	$	782
Income tax benefit for share-based compensation	$	95	$	109	$	176	$	240

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 and assumed	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 and assumed	33	37.90
Vested	(21)	39.05		$	908
Canceled/forfeited/other	(9)	41.63
Unvested balance at January 23, 2021	99	$	41.35