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Derivative Instruments (Tables)
 9 Months Ended
Apr. 26, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Derivative Instruments by Balance Sheet Line Item
The fair values of our derivative instruments and the line items on the Consolidated Balance Sheets to which they were recorded are summarized as follows (in millions):
 DERIVATIVE ASSETSDERIVATIVE LIABILITIES
 Balance Sheet Line ItemApril 26,
2025		July 27,
2024		Balance Sheet Line ItemApril 26,
2025		July 27,
2024
Derivatives designated as hedging instruments:
Foreign currency derivativesOther current assets$14 $47 Other current liabilities$5 $1 
Foreign currency derivativesOther assets1 15 Other long-term liabilities14 — 
Interest rate derivativesOther current assets— — Other current liabilities2 11 
Total15 62 21 12 
Derivatives not designated as hedging instruments:
Foreign currency derivativesOther current assets19 2 Other current liabilities13 47 
Foreign currency derivativesOther assets14 — Other long-term liabilities1 15 
Total33 2 14 62 
Total$48 $64 $35 $74 
Cumulative Basis Adjustment For Fair Value Hedges
The following amounts were recorded on the Consolidated Balance Sheets related to cumulative basis adjustments for our fair value hedges (in millions):
 CARRYING AMOUNT OF THE HEDGED ASSETS/(LIABILITIES)CUMULATIVE AMOUNT OF FAIR VALUE HEDGING ADJUSTMENT INCLUDED IN THE CARRYING AMOUNT OF THE HEDGED ASSETS/LIABILITIES
Balance Sheet Line Item of Hedged ItemApril 26,
2025		July 27,
2024		April 26,
2025		July 27,
2024
Short-term debt$(498)$(488)$2 $11 
Effect on Derivative Instruments Designated as Fair Value Hedges
The effect of derivative instruments designated as fair value hedges, recognized in interest and other income (loss), net is summarized as follows (in millions):
Three Months EndedNine Months Ended
April 26, 2025April 27, 2024April 26, 2025April 27, 2024
Interest rate derivatives:
Hedged items$(2)$(2)$(9)$(25)
Derivatives designated as hedging instruments2 2 9 25 
Total$— $— $— $— 
Effect of Derivative Instruments Not Designated as Fair Value Hedges on Consolidated Statements of Operations
The effect on the Consolidated Statements of Operations of derivative instruments not designated as hedges is summarized as follows (in millions):
  GAINS (LOSSES) FOR THE THREE MONTHS ENDEDGAINS (LOSSES) FOR THE NINE MONTHS ENDED
Derivatives Not Designated as
Hedging Instruments		Line Item in Statements of OperationsApril 26,
2025		April 27,
2024		April 26,
2025		April 27,
2024
Foreign currency derivativesOther income (loss), net$163 $(84)$68 $(161)
Total return swaps—deferred compensationOperating expenses and other(105)16 (72)33 
Equity derivativesOther income (loss), net— — — 1 
Total$58 $(68)$(4)$(127)
Schedule of Notional Amounts of Derivatives Outstanding
The notional amounts of our outstanding derivatives are summarized as follows (in millions):
April 26,
2025		July 27,
2024
Foreign currency derivatives$7,851 $7,434 
Interest rate derivatives500 500 
Total return swaps—deferred compensation947 985 
Total$9,298 $8,919