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Leases (Tables)

12 Months Ended

Jul. 30, 2022

The following table presents our operating lease balances (in millions):


	Balance Sheet Line Item	July 30, 2022		July 31, 2021
Operating lease right-of-use assets	Other assets	$	1,003	$	1,095

Operating lease liabilities	Other current liabilities	$	322	$	337
Operating lease liabilities	Other long-term liabilities	724		831
Total operating lease liabilities		$	1,046	$	1,168

Lease Expenses and Supplemental Information

The components of our lease expenses were as follows (in millions):


Years Ended	July 30, 2022		July 31, 2021
Operating lease expense	$	390	$	399
Short-term lease expense	66		65
Variable lease expense	173		173
Total lease expense	$	629	$	637

Supplemental information related to our operating leases is as follows (in millions):


Years Ended	July 30, 2022		July 31, 2021
Cash paid for amounts included in the measurement of lease liabilities — operating cash flows	$	408	$	407
Right-of-use assets obtained in exchange for operating leases liabilities	$	331	$	536

Maturities of Operating Leases

The maturities of our operating leases (undiscounted) as of July 30, 2022 are as follows (in millions):


Fiscal Year	Amount
2023	$	343
2024	255
2025	176
2026	104
2027	64
Thereafter	185
Total lease payments	1,127
Less interest	(81)
Total	$	1,046

Future Minimum Lease Payments on Lease Receivables

Future minimum lease payments on our lease receivables as of July 30, 2022 are summarized as follows (in millions):


Fiscal Year	Amount
2023	$	582
2024	314
2025	171
2026	80
2027	28
Thereafter	1
Total	1,176
Less: Present value of lease payments	1,122
Unearned income	$	54

Operating Lease Assets

Amounts relating to equipment on operating lease assets held by us and the associated accumulated depreciation are summarized as follows (in millions):


	July 30, 2022		July 31, 2021
Operating lease assets	$	185	$	273
Accumulated depreciation	(111)		(165)
Operating lease assets, net	$	74	$	108

Minimum Future Rentals on Noncancelable Operating Leases

Minimum future rentals on noncancelable operating leases as of July 30, 2022 are summarized as follows (in millions):


Fiscal Year	Amount
2023	$	33
2024	16
2025	4
2026	—
Total	$	53