Comprehensive Income (Loss)

9 Months Ended

Apr. 30, 2022

Equity [Abstract]

Comprehensive Income (Loss)

Comprehensive Income (Loss)

The components of AOCI, net of tax, and the other comprehensive income (loss), for the first nine months of fiscal 2022 and 2021 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 31, 2021	$	182	$	(1)	$	(598)	$	(417)
Other comprehensive income (loss) before reclassifications	(717)		63		(485)		(1,139)
(Gains) losses reclassified out of AOCI	(18)		(15)		1		(32)
Tax benefit (expense)	127		(11)		9		125
Balance at April 30, 2022	$	(426)	$	36	$	(1,073)	$	(1,463)

	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	(150)		16		364		230
(Gains) losses reclassified out of AOCI	(46)		(12)		3		(55)
Tax benefit (expense)	59		(2)		(1)		56
Balance at May 1, 2021	$	178	$	(4)	$	(462)	$	(288)