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Financing Receivables (Tables)
 6 Months Ended
Jan. 28, 2023
Receivables [Abstract]  
Summary of Financing Receivables
A summary of our financing receivables is presented as follows (in millions):
January 28, 2023Loan ReceivablesLease ReceivablesTotal
Gross$6,136 $1,086 $7,222 
Residual value— 67 67 
Unearned income— (65)(65)
Allowance for credit loss(94)(19)(113)
Total, net$6,042 $1,069 $7,111 
Reported as:
Current$3,057 $500 $3,557 
Noncurrent2,985 569 3,554 
Total, net$6,042 $1,069 $7,111 
July 30, 2022Loan ReceivablesLease ReceivablesTotal
Gross$6,842 $1,176 $8,018 
Residual value— 76 76 
Unearned income— (54)(54)
Allowance for credit loss(103)(23)(126)
Total, net$6,739 $1,175 $7,914 
Reported as:
Current$3,327 $578 $3,905 
Noncurrent3,412 597 4,009 
Total, net$6,739 $1,175 $7,914 
Schedule of Financing Receivables by Internal Credit Risk Rating by Period of Origination
The tables below present our gross financing receivables, excluding residual value, less unearned income, categorized by our internal credit risk rating by period of origination (in millions):
January 28, 2023Fiscal YearSix Months Ended
Internal Credit Risk RatingPriorJuly 27, 2019July 25, 2020July 31, 2021July 30, 2022January 28, 2023Total
Loan Receivables:
1 to 4$18 $108 $371 $1,086 $1,347 $978 $3,908 
5 to 65 73 199 488 671 651 2,087 
7 and Higher2 15 36 33 54 1 141 
Total Loan Receivables$25 $196 $606 $1,607 $2,072 $1,630 $6,136 
Lease Receivables:
1 to 4$10 $49 $101 $165 $105 $108 $538 
5 to 64 25 74 92 115 149 459 
7 and Higher1 2 9 2 3 7 24 
Total Lease Receivables$15 $76 $184 $259 $223 $264 $1,021 
Total$40 $272 $790 $1,866 $2,295 $1,894 $7,157 
July 30, 2022Fiscal Year
Internal Credit Risk RatingPriorJuly 28, 2018July 27, 2019July 25, 2020July 31, 2021July 30, 2022Total
Loan Receivables:
1 to 4$2 $49 $173 $536 $1,458 $2,287 $4,505 
5 to 61 17 115 345 709 1,030 2,217 
7 and Higher1 1 22 45 39 12 120 
Total Loan Receivables$4 $67 $310 $926 $2,206 $3,329 $6,842 
Lease Receivables:
1 to 4$2 $25 $74 $124 $176 $152 $553 
5 to 61 10 67 146 165 151 540 
7 and Higher— 1 4 12 2 10 29 
Total Lease Receivables$3 $36 $145 $282 $343 $313 $1,122 
Total$7 $103 $455 $1,208 $2,549 $3,642 $7,964 
Schedule of Aging Analysis of Financing Receivables
The following tables present the aging analysis of gross receivables as of January 28, 2023 and July 30, 2022 (in millions):
DAYS PAST DUE
(INCLUDES BILLED AND UNBILLED)
January 28, 202331-6061-90 91+Total
Past Due		CurrentTotal120+ Still AccruingNonaccrual
Financing
Receivables		Impaired
Financing
Receivables
Loan receivables$100 $23 $46 $169 $5,967 $6,136 $14 $60 $60 
Lease receivables42 36 22 100 921 1,021 8 9 9 
Total$142 $59 $68 $269 $6,888 $7,157 $22 $69 $69 
DAYS PAST DUE
(INCLUDES BILLED AND UNBILLED)
July 30, 202231-6061-90 91+Total
Past Due		CurrentTotal120+ Still AccruingNonaccrual
Financing
Receivables		Impaired
Financing
Receivables
Loan receivables$98 $62 $129 $289 $6,553 $6,842 $14 $60 $60 
Lease receivables8 6 26 40 1,082 1,122 7 11 11 
Total$106 $68 $155 $329 $7,635 $7,964 $21 $71 $71 
Schedule of Allowance for Credit Loss and Related Financing Receivables
The allowances for credit loss and the related financing receivables are summarized as follows (in millions):
Three Months Ended January 28, 2023CREDIT LOSS ALLOWANCES
Loan ReceivablesLease ReceivablesTotal
Allowance for credit loss as of October 29, 2022$101 $19 $120 
Provisions (benefits)(3)(1)(4)
Other(4)1 (3)
Allowance for credit loss as of January 28, 2023$94 $19 $113 
Three Months Ended January 29, 2022CREDIT LOSS ALLOWANCES
Loan ReceivablesLease ReceivablesTotal
Allowance for credit loss as of October 30, 2021$76 $33 $109 
Provisions (benefits)(6)(4)(10)
Recoveries (write-offs), net— (2)(2)
Allowance for credit loss as of January 29, 2022$70 $27 $97 
Six Months Ended January 28, 2023CREDIT LOSS ALLOWANCES
Loan ReceivablesLease ReceivablesTotal
Allowance for credit loss as of July 30, 2022$103 $23 $126 
Provisions (benefits)(4)(4)(8)
Other(5)— (5)
Allowance for credit loss as of January 28, 2023$94 $19 $113 
Six Months Ended January 29, 2022CREDIT LOSS ALLOWANCES
Loan ReceivablesLease ReceivablesTotal
Allowance for credit loss as of July 31, 2021$89 $38 $127 
Provisions (benefits)(19)(9)(28)
Recoveries (write-offs), net— (2)(2)
Allowance for credit loss as of January 29, 2022$70 $27 $97