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Financing Receivables (Tables)
 9 Months Ended
Apr. 29, 2023
Receivables [Abstract]  
Summary of Financing Receivables
A summary of our financing receivables is presented as follows (in millions):
April 29, 2023Loan ReceivablesLease ReceivablesTotal
Gross$5,879 $992 $6,871 
Residual value— 66 66 
Unearned income— (72)(72)
Allowance for credit loss(53)(17)(70)
Total, net$5,826 $969 $6,795 
Reported as:
Current$2,949 $453 $3,402 
Noncurrent2,877 516 3,393 
Total, net$5,826 $969 $6,795 
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):
April 29, 2023Fiscal YearNine Months Ended
Internal Credit Risk RatingPriorJuly 27, 2019July 25, 2020July 31, 2021July 30, 2022April 29, 2023Total
Loan Receivables:
1 to 4$26 $82 $295 $929 $1,197 $1,442 $3,971 
5 to 65 24 146 354 521 763 1,813 
7 and Higher1 11 19 17 32 15 95 
Total Loan Receivables$32 $117 $460 $1,300 $1,750 $2,220 $5,879 
Lease Receivables:
1 to 4$4 $32 $73 $135 $90 $160 $494 
5 to 62 18 56 71 98 160 405 
7 and Higher1 2 4 4 4 6 21 
Total Lease Receivables$7 $52 $133 $210 $192 $326 $920 
Total$39 $169 $593 $1,510 $1,942 $2,546 $6,799 
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 April 29, 2023 and July 30, 2022 (in millions):
DAYS PAST DUE
(INCLUDES BILLED AND UNBILLED)
April 29, 202331-6061-90 91+Total
Past Due		CurrentTotal120+ Still AccruingNonaccrual
Financing
Receivables		Impaired
Financing
Receivables
Loan receivables$94 $39 $79 $212 $5,667 $5,879 $15 $15 $15 
Lease receivables15 10 24 49 871 920 7 4 4 
Total$109 $49 $103 $261 $6,538 $6,799 $22 $19 $19 
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 April 29, 2023CREDIT LOSS ALLOWANCES
Loan ReceivablesLease ReceivablesTotal
Allowance for credit loss as of January 28, 2023$94 $19 $113 
Provisions (benefits)(3)(1)(4)
Recoveries (write-offs), net(38)(1)(39)
Allowance for credit loss as of April 29, 2023$53 $17 $70 
Three Months Ended April 30, 2022CREDIT LOSS ALLOWANCES
Loan ReceivablesLease ReceivablesTotal
Allowance for credit loss as of January 29, 2022$70 $27 $97 
Provisions (benefits)26 (2)24 
Other3 — 3 
Allowance for credit loss as of April 30, 2022$99 $25 $124 
Nine Months Ended April 29, 2023CREDIT LOSS ALLOWANCES
Loan ReceivablesLease ReceivablesTotal
Allowance for credit loss as of July 30, 2022$103 $23 $126 
Provisions (benefits)(7)(5)(12)
Recoveries (write-offs), net(38)(1)(39)
Other(5)— (5)
Allowance for credit loss as of April 29, 2023$53 $17 $70 
Nine Months Ended April 30, 2022CREDIT LOSS ALLOWANCES
Loan ReceivablesLease ReceivablesTotal
Allowance for credit loss as of July 31, 2021$89 $38 $127 
Provisions (benefits)7 (11)(4)
Recoveries (write-offs), net— (2)(2)
Other3 — 3 
Allowance for credit loss as of April 30, 2022$99 $25 $124