Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Oct. 26, 2024

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The components of AOCI, net of tax, and the other comprehensive income (loss), for the first quarter of fiscal 2025 and 2024 are summarized as follows (in millions):

	Net Unrealized Gains (Losses) on Available-for-Sale Investments		Net Unrealized Gains (Losses) Cash Flow Hedging Instruments		Cumulative Translation Adjustment and Actuarial Gains (Losses)		Accumulated Other Comprehensive Income (Loss)
Balance at July 27, 2024	$	(241)	$	79	$	(1,268)	$	(1,430)
Other comprehensive income (loss) before reclassifications	71		9		(19)		61
(Gains) losses reclassified out of AOCI	25		(9)		—		16
Tax benefit (expense)	(23)		—		—		(23)
Balance at October 26, 2024	$	(168)	$	79	$	(1,287)	$	(1,376)

	Net Unrealized Gains (Losses) on Available-for-Sale Investments		Net Unrealized Gains (Losses) Cash Flow Hedging Instruments		Cumulative Translation Adjustment and Actuarial Gains (Losses)		Accumulated Other Comprehensive Income (Loss)
Balance at July 29, 2023	$	(440)	$	18	$	(1,153)	$	(1,575)
Other comprehensive income (loss) before reclassifications	(170)		38		(356)		(488)
(Gains) losses reclassified out of AOCI	20		(12)		(1)		7
Tax benefit (expense)	36		(6)		1		31
Balance at October 28, 2023	$	(554)	$	38	$	(1,509)	$	(2,025)