Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jan. 25, 2025

Equity [Abstract]

Components of AOCI, Net of Tax

The components of AOCI, net of tax, and the other comprehensive income (loss), for the first six months 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	75		65		(174)		(34)
(Gains) losses reclassified out of AOCI	45		(24)		—		21
Tax benefit (expense)	(40)		(10)		—		(50)
Balance at January 25, 2025	$	(161)	$	110	$	(1,442)	$	(1,493)

	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	132		39		(81)		90
(Gains) losses reclassified out of AOCI	43		(23)		(2)		18
Tax benefit (expense)	(42)		(4)		1		(45)
Balance at January 27, 2024	$	(307)	$	30	$	(1,235)	$	(1,512)