Net Income per Share

12 Months Ended

Jul. 30, 2022

Earnings Per Share [Abstract]

Net Income per Share

Net Income per Share

The following table presents the calculation of basic and diluted net income per share (in millions, except per-share amounts):

Years Ended	July 30, 2022		July 31, 2021		July 25, 2020
Net income	$	11,812	$	10,591	$	11,214
Weighted-average shares—basic	4,170		4,222		4,236
Effect of dilutive potential common shares	22		14		18
Weighted-average shares—diluted	4,192		4,236		4,254
Net income per share—basic	$	2.83	$	2.51	$	2.65
Net income per share—diluted	$	2.82	$	2.50	$	2.64
Antidilutive employee share-based awards, excluded	70		69		76