Net Income per Share (Tables)

6 Months Ended

Jan. 23, 2021

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				Six Months Ended
	January 23, 2021		January 25, 2020		January 23, 2021		January 25, 2020
Net income	$	2,545	$	2,878	$	4,719	$	5,804
Weighted-average shares—basic	4,223		4,242		4,227		4,244
Effect of dilutive potential common shares	11		18		12		21
Weighted-average shares—diluted	4,234		4,260		4,239		4,265
Net income per share—basic	$	0.60	$	0.68	$	1.12	$	1.37
Net income per share—diluted	$	0.60	$	0.68	$	1.11	$	1.36
Antidilutive employee share-based awards, excluded	49		29		56		32