Fair Value (Tables)

9 Months Ended

Apr. 25, 2026

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis were as follows (in millions):


			APRIL 25, 2026																		JULY 26, 2025
			FAIR VALUE MEASUREMENTS																		FAIR VALUE MEASUREMENTS
			Level 1						Level 2						Total Balance						Level 1						Level 2						Total Balance
Assets:
Cash equivalents:
Money market funds			$	4,258					$	—					$	4,258					$	5,885					$	—					$	5,885
Commercial paper			—						953						953						—						336						336
Certificates of deposit			—						25						25						—						—						—
Corporate debt securities			—						16						16						—						1						1
Non-U.S. government and agency securities			—						58						58						—						—						—
Available-for-sale debt investments:
U.S. government securities			—						1,712						1,712						—						1,961						1,961
U.S. government agency securities			—						41						41						—						67						67
Non-U.S. government and agency securities			—						400						400						—						458						458
Corporate debt securities			—						2,758						2,758						—						3,090						3,090
Mortgage- and asset-backed securities			—						203						203						—						286						286
Commercial paper			—						2,731						2,731						—						950						950
Certificates of deposit			—						1,335						1,335						—						569						569
Equity investments:
Marketable equity securities			377						—						377						383						—						383
Other current assets:
Money market funds			—						—						—						563						—						563
Derivative assets			—						90						90						—						32						32
Total			$	4,635					$	10,322					$	14,957					$	6,831					$	7,750					$	14,581
Liabilities:
Derivative liabilities			—						86						86						—						31						31
Total			$	—					$	86					$	86					$	—					$	31					$	31