Net Income per Share (Tables)

9 Months Ended

Apr. 30, 2022

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
	April 30, 2022		May 1, 2021		April 30, 2022		May 1, 2021
Net income	$	3,044	$	2,863	$	8,997	$	7,582
Weighted-average shares—basic	4,152		4,219		4,184		4,224
Effect of dilutive potential common shares	18		19		20		13
Weighted-average shares—diluted	4,170		4,238		4,204		4,237
Net income per share—basic	$	0.73	$	0.68	$	2.15	$	1.79
Net income per share—diluted	$	0.73	$	0.68	$	2.14	$	1.79
Antidilutive employee share-based awards, excluded	11		15		46		55