Net Income per Share (Tables)

12 Months Ended

Jul. 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):

Years Ended	July 27, 2024		July 29, 2023		July 30, 2022
Net income	$	10,320	$	12,613	$	11,812
Weighted-average shares—basic	4,043		4,093		4,170
Effect of dilutive potential common shares	19		12		22
Weighted-average shares—diluted	4,062		4,105		4,192
Net income per share—basic	$	2.55	$	3.08	$	2.83
Net income per share—diluted	$	2.54	$	3.07	$	2.82
Antidilutive employee share-based awards, excluded	82		86		70