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Net Income per Share (Tables)
12 Months Ended
Jul. 28, 2012
Calculation Of Basic And Diluted Net Income Per Share

The following table presents the calculation of basic and diluted net income per share (in millions, except per-share amounts):

 

Years Ended

  July 28, 2012     July 30, 2011     July 31, 2010  

Net income

  $ 8,041      $ 6,490      $ 7,767   
 

 

 

   

 

 

   

 

 

 

Weighted-average shares—basic

    5,370        5,529        5,732   

Effect of dilutive potential common shares

    34        34        116   
 

 

 

   

 

 

   

 

 

 

Weighted-average shares—diluted

    5,404        5,563        5,848   
 

 

 

   

 

 

   

 

 

 

Net income per share—basic

  $ 1.50      $ 1.17      $ 1.36   
 

 

 

   

 

 

   

 

 

 

Net income per share—diluted

  $ 1.49      $ 1.17      $ 1.33   
 

 

 

   

 

 

   

 

 

 

Antidilutive employee share-based awards, excluded

    591        379        344