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Fair Value (Tables)
12 Months Ended
Jul. 27, 2024
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Assets and liabilities measured at fair value on a recurring basis were as follows (in millions):
JULY 27, 2024JULY 29, 2023
FAIR VALUE MEASUREMENTSFAIR VALUE MEASUREMENTS
Level 1Level 2Total
Balance
Level 1Level 2Total
Balance
Assets:
Cash equivalents:
Money market funds$3,334 $ $3,334 $6,496 $— $6,496 
Commercial paper 468 468 — 1,090 1,090 
Certificates of deposit 14 14 — 47 47 
Corporate debt securities 25 25 — 25 25 
Available-for-sale debt investments:
U.S. government securities 2,353 2,353 — 3,526 3,526 
U.S. government agency securities 221 221 — 423 423 
Non-U.S. government and agency securities 371 371 — 363 363 
Corporate debt securities 3,677 3,677 — 6,914 6,914 
U.S. agency mortgage-backed securities 1,781 1,781 — 2,205 2,205 
Commercial paper 1,023 1,023 — 1,484 1,484 
Certificates of deposit 439 439 — 677 677 
Equity investments:
Marketable equity securities481  481 431 — 431 
Other current assets:
Money market funds750  750 188 — 188 
Other assets:
Money market funds563  563 1,313 — 1,313 
Derivative assets 64 64 — 32 32 
Total$5,128 $10,436 $15,564 $8,428 $16,786 $25,214 
Liabilities:
Derivative liabilities$ $74 $74 $— $75 $75 
Total$ $74 $74 $— $75 $75