Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Jul. 26, 2025

Equity [Abstract]

Components of AOCI, Net of Tax

The components of AOCI, net of tax, and the other comprehensive income (loss) 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 30, 2022	$	(379)	$	44	$	(1,287)	$	(1,622)
Other comprehensive income (loss) before reclassifications	(113)		29		116		32
(Gains) losses reclassified out of AOCI	21		(63)		(1)		(43)
Tax benefit (expense)	31		8		19		58
BALANCE AT JULY 29, 2023	(440)		18		(1,153)		(1,575)
Other comprehensive income (loss) before reclassifications	193		128		(115)		206
(Gains) losses reclassified out of AOCI	67		(49)		(2)		16
Tax benefit (expense)	(61)		(18)		2		(77)
BALANCE AT JULY 27, 2024	(241)		79		(1,268)		(1,430)
Other comprehensive income (loss) before reclassifications	152		29		304		485
(Gains) losses reclassified out of AOCI	100		(47)		—		53
Tax benefit (expense)	(68)		4		2		(62)
BALANCE AT JULY 26, 2025	$	(57)	$	65	$	(962)	$	(954)