Net Income per Share (Tables)

9 Months Ended

May 01, 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				Nine Months Ended
	May 1, 2021		April 25, 2020		May 1, 2021		April 25, 2020
Net income	$	2,863	$	2,774	$	7,582	$	8,578
Weighted-average shares—basic	4,219		4,230		4,224		4,239
Effect of dilutive potential common shares	19		13		13		19
Weighted-average shares—diluted	4,238		4,243		4,237		4,258
Net income per share—basic	$	0.68	$	0.66	$	1.79	$	2.02
Net income per share—diluted	$	0.68	$	0.65	$	1.79	$	2.01
Antidilutive employee share-based awards, excluded	15		14		55		42