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Income Taxes - Components of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Jul. 27, 2024
Jul. 29, 2023
ASSETS    
Allowance for accounts receivable and returns $ 94 $ 81
Sales-type and direct-financing leases 23 22
Inventory write-downs and capitalization 530 452
Deferred foreign income 277 218
IPR&D and purchased intangible assets 1,039 1,082
Depreciation 184 16
Deferred revenue 2,034 1,801
Credits and net operating loss carryforwards 1,863 1,218
Share-based compensation expense 297 198
Accrued compensation 275 328
Lease liabilities 308 246
Capitalized research expenditures 3,030 2,042
Other 442 484
Gross deferred tax assets 10,396 8,188
Valuation allowance (1,024) (754)
Total deferred tax assets 9,372 7,434
LIABILITIES    
Goodwill and purchased intangible assets (2,808) (602)
ROU lease assets (259) (234)
Other (119) (84)
Total deferred tax liabilities (3,186) (920)
Total net deferred tax assets $ 6,186 $ 6,514