Borrowings (Tables)

6 Months Ended

Jan. 28, 2017

Debt Disclosure [Abstract]

Schedule Of Short-Term Debt

The following table summarizes the Company’s short-term debt (in millions, except percentages):

	January 28, 2017				July 30, 2016
	Amount		Effective Rate		Amount		Effective Rate
Current portion of long-term debt	$	4,151	1.26	%	$	4,159	0.97	%
Commercial paper	300		0.73	%	—		—
Other notes and borrowings	—		—		1		2.08	%
Total short-term debt	$	4,451			$	4,160

Schedule Of Long-Term Debt

The following table summarizes the Company’s long-term debt (in millions, except percentages):

			January 28, 2017				July 30, 2016
	Maturity Date		Amount			Effective Rate	Amount			Effective Rate
Senior notes:
Floating-rate notes:
Three-month LIBOR plus 0.28%	March 3, 2017		$	1,000		1.29%	$	1,000		1.03%
Three-month LIBOR plus 0.60%	February 21, 2018		1,000			1.58%	1,000			1.32%
Three-month LIBOR plus 0.31%	June 15, 2018		900			1.34%	900			1.03%
Three-month LIBOR plus 0.50%	March 1, 2019		500			1.49%	500			1.23%
Three-month LIBOR plus 0.34%	September 20, 2019	(1)	500			1.38%	—			—
Fixed-rate notes:
1.10%	March 3, 2017		2,400			1.17%	2,400			0.87%
3.15%	March 14, 2017		750			1.52%	750			1.22%
1.40%	February 28, 2018		1,250			1.47%	1,250			1.47%
1.65%	June 15, 2018		1,600			1.72%	1,600			1.72%
4.95%	February 15, 2019		2,000			4.84%	2,000			4.76%
1.60%	February 28, 2019		1,000			1.67%	1,000			1.67%
2.125%	March 1, 2019		1,750			1.39%	1,750			1.08%
1.40%	September 20, 2019	(1)	1,500			1.48%	—			—
4.45%	January 15, 2020		2,500			3.47%	2,500			3.25%
2.45%	June 15, 2020		1,500			2.54%	1,500			2.54%
2.20%	February 28, 2021		2,500			2.30%	2,500			2.30%
2.90%	March 4, 2021		500			1.55%	500			1.24%
1.85%	September 20, 2021	(1)	2,000			1.90%	—			—
3.00%	June 15, 2022		500			1.80%	500			1.51%
2.60%	February 28, 2023		500			2.68%	500			2.68%
2.20%	September 20, 2023	(1)	750			2.27%	—			—
3.625%	March 4, 2024		1,000			1.66%	1,000			1.36%
3.50%	June 15, 2025		500			1.96%	500			1.67%
2.95%	February 28, 2026		750			3.01%	750			3.01%
2.50%	September 20, 2026	(1)	1,500			2.55%	—			—
5.90%	February 15, 2039		2,000			6.11%	2,000			6.11%
5.50%	January 15, 2040		2,000			5.67%	2,000			5.67%
Total			34,650				28,400
Unaccreted discount/issuance costs			(145		)		(137		)
Hedge accounting fair value adjustments			117				379
Total			$	34,622			$	28,642
Reported as:
Current portion of long-term debt			$	4,151			$	4,159
Long-term debt			30,471				24,483
Total			$	34,622			$	28,642

⁽¹⁾ In September 2016, the Company issued senior notes for an aggregate principal amount of $6.25 billion.

Schedule Of Principal Payments For Long-Term Debt

As of January 28, 2017, future principal payments for long-term debt, including the current portion, are summarized as follows (in millions):

Fiscal Year	Amount
2017 (remaining six months)	$	4,150
2018	4,750
2019	5,250
2020	6,000
2021	3,000
Thereafter	11,500
Total	$	34,650