v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Apr. 25, 2026
Apr. 26, 2025
Cash flows from operating activities:    
Net income $ 9,408 $ 7,630
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and other 1,902 2,176
Share-based compensation expense 2,903 2,693
Provision for receivables 11 17
Deferred income taxes (217) (792)
(Gains) losses on divestitures, investments and other, net (500) 52
Change in operating assets and liabilities, net of effects of acquisitions and divestitures:    
Accounts receivable 187 1,406
Inventories (1,549) 541
Financing receivables (34) 505
Other assets (602) (516)
Accounts payable 444 (10)
Income taxes, net (2,342) (2,002)
Accrued compensation (332) (431)
Deferred revenue (141) (524)
Other liabilities (347) (786)
Net cash provided by operating activities 8,791 9,959
Cash flows from investing activities:    
Purchases of investments (7,367) (3,066)
Proceeds from sales of investments 1,884 2,228
Proceeds from maturities of investments 3,811 3,985
Acquisitions, net of cash and cash equivalents acquired and divestitures (46) (291)
Purchases of non-marketable equity securities (699) (265)
Return of investments in non-marketable equity securities 223 108
Acquisition of property and equipment (1,020) (688)
Other (6) (5)
Net cash provided by (used in) investing activities (3,220) 2,006
Cash flows from financing activities:    
Issuances of common stock 354 320
Repurchases of common stock—repurchase program (4,605) (4,748)
Shares repurchased for tax withholdings on vesting of restricted stock units (1,362) (910)
Short-term borrowings, original maturities of 90 days or less, net 412 (479)
Issuances of debt 10,640 17,388
Repayments of debt (7,854) (18,545)
Dividends paid (4,894) (4,812)
Other (32) (80)
Net cash used in financing activities (7,341) (11,866)
Effect of foreign currency exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents (57) (23)
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents (1,827) 76
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 7,083 8,918
Supplemental cash flow information:    
Cash paid for interest 1,305 1,370
Cash paid for income taxes, net $ 4,228 $ 3,265