Net Income per Share (Tables)

9 Months Ended

Apr. 27, 2024

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Net Income per Share

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

	Three Months Ended				Nine Months Ended
	April 27, 2024		April 29, 2023		April 27, 2024		April 29, 2023
Net income	$	1,886	$	3,212	$	8,158	$	8,655
Weighted-average shares—basic	4,042		4,089		4,051		4,100
Effect of dilutive potential common shares	18		21		20		11
Weighted-average shares—diluted	4,060		4,110		4,071		4,111
Net income per share—basic	$	0.47	$	0.79	$	2.01	$	2.11
Net income per share—diluted	$	0.46	$	0.78	$	2.00	$	2.11
Antidilutive employee share-based awards, excluded	11		24		58		75