Borrowings (Tables)

12 Months Ended

Jul. 30, 2022

Debt Disclosure [Abstract]

Schedule of Short-Term Debt

The following table summarizes our short-term debt (in millions, except percentages):

	July 30, 2022				July 31, 2021
	Amount		Effective Rate		Amount		Effective Rate
Current portion of long-term debt	$	499	2.68	%	$	2,508	1.75	%
Commercial paper	600		2.05	%	—		—
Total	$	1,099			$	2,508

Schedule of Long-Term Debt

The following table summarizes our long-term debt (in millions, except percentages):

		July 30, 2022			July 31, 2021
	Maturity Date	Amount		Effective Rate	Amount		Effective Rate
Senior notes:
Fixed-rate notes:
1.85%	September 20, 2021	$	—	—	$	2,000	1.90%
3.00%	June 15, 2022	—		—	500		1.13%
2.60%	February 28, 2023	500		2.68%	500		2.68%
2.20%	September 20, 2023	750		2.27%	750		2.27%
3.625%	March 4, 2024	1,000		2.69%	1,000		1.00%
3.50%	June 15, 2025	500		3.20%	500		1.29%
2.95%	February 28, 2026	750		3.01%	750		3.01%
2.50%	September 20, 2026	1,500		2.55%	1,500		2.55%
5.90%	February 15, 2039	2,000		6.11%	2,000		6.11%
5.50%	January 15, 2040	2,000		5.67%	2,000		5.67%
Total		9,000			11,500
Unaccreted discount/issuance costs		(75)			(80)
Hedge accounting fair value adjustments		(10)			106
Total		$	8,915		$	11,526
Reported as:
Short-term debt		$	499		$	2,508
Long-term debt		8,416			9,018
Total		$	8,915		$	11,526

Schedule of Principal Payments for Long-Term Debt

As of July 30, 2022, future principal payments for long-term debt, including the current portion, are summarized as follows (in millions):

Fiscal Year	Amount
2023	$	500
2024	1,750
2025	500
2026	750
2027	1,500
Thereafter	4,000
Total	$	9,000