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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Oct. 25, 2025
Oct. 26, 2024
Cash flows from operating activities:    
Net income $ 2,860 $ 2,711
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and other 606 789
Share-based compensation expense 1,055 827
Benefit from receivables (3) (1)
Deferred income taxes 25 (281)
(Gains) losses on divestitures, investments and other, net (178) (60)
Change in operating assets and liabilities, net of effects of acquisitions and divestitures:    
Accounts receivable 1,857 2,227
Inventories (234) 229
Financing receivables (312) 173
Other assets (592) (190)
Accounts payable (108) (269)
Income taxes, net (128) (806)
Accrued compensation (539) (754)
Deferred revenue (723) (971)
Other liabilities (374) 37
Net cash provided by operating activities 3,212 3,661
Cash flows from investing activities:    
Purchases of investments (1,984) (1,775)
Proceeds from sales of investments 1,269 1,490
Proceeds from maturities of investments 1,222 1,164
Acquisitions, net of cash and cash equivalents acquired and divestitures (7) (217)
Purchases of investments in privately held companies (18) (42)
Return of investments in privately held companies 19 77
Acquisition of property and equipment (323) (217)
Other (22) (1)
Net cash provided by investing activities 156 479
Cash flows from financing activities:    
Repurchases of common stock—repurchase program (1,992) (2,003)
Shares repurchased for tax withholdings on vesting of restricted stock units (284) (165)
Short-term borrowings, original maturities of 90 days or less, net 1,260 68
Issuances of debt 1,559 5,732
Repayments of debt (2,788) (4,821)
Dividends paid (1,617) (1,592)
Other (1) (3)
Net cash used in financing activities (3,863) (2,784)
Effect of foreign currency exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents (14) 10
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents (509) 1,366
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning of period 8,910 8,842
Cash, cash equivalents, restricted cash and restricted cash equivalents, end of period 8,401 10,208
Supplemental cash flow information:    
Cash paid for interest 616 545
Cash paid for income taxes, net $ 634 $ 643