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Accumulated Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Jul. 27, 2024
Equity [Abstract]  
Components of AOCI, Net of Tax
The components of AOCI, net of tax, and the other comprehensive income (loss) are summarized as follows (in millions):
Net Unrealized Gains (Losses) on Available-for-Sale InvestmentsNet Unrealized Gains (Losses) Cash Flow Hedging InstrumentsCumulative Translation Adjustment and Actuarial Gains (Losses)Accumulated Other Comprehensive Income (Loss)
BALANCE AT JULY 31, 2021$182 $(1)$(598)$(417)
Other comprehensive income (loss) before reclassifications(731)87 (647)(1,291)
(Gains) losses reclassified out of AOCI(9)(29)(36)
Tax benefit (expense)179 (13)(44)122 
BALANCE AT JULY 30, 2022(379)44 (1,287)(1,622)
Other comprehensive income (loss) before reclassifications(113)29 116 32 
(Gains) losses reclassified out of AOCI21 (63)(1)(43)
Tax benefit (expense)31 19 58 
BALANCE AT JULY 29, 2023(440)18 (1,153)(1,575)
Other comprehensive income (loss) before reclassifications193 128 (115)206 
(Gains) losses reclassified out of AOCI67 (49)(2)16 
Tax benefit (expense)(61)(18)2 (77)
BALANCE AT JULY 27, 2024$(241)$79 $(1,268)$(1,430)