Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Apr. 26, 2025

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 nine 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	126		(5)		188		309
(Gains) losses reclassified out of AOCI	75		(39)		—		36
Tax benefit (expense)	(58)		10		—		(48)
Balance at April 26, 2025	$	(98)	$	45	$	(1,080)	$	(1,133)

	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	74		122		(223)		(27)
(Gains) losses reclassified out of AOCI	57		(36)		(2)		19
Tax benefit (expense)	(26)		(20)		(1)		(47)
Balance at April 27, 2024	$	(335)	$	84	$	(1,379)	$	(1,630)