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Commitments and Contingencies (Tables)
3 Months Ended
Oct. 30, 2021
Commitments and Contingencies Disclosure [Abstract]  
Purchase Commitments with Contract Manufacturers and Suppliers
The following table summarizes our inventory purchase commitments with contract manufacturers and suppliers by period (in millions):
October 30,
2021
July 31,
2021
Less than 1 year$7,621 $6,903 
1 to 3 years2,072 1,806 
3 to 5 years1,359 1,545 
Total$11,052 $10,254 
Compensation Expense Related to Business Acquisitions
The following table summarizes the compensation expense related to acquisitions (in millions):
Three Months Ended
October 30, 2021October 24, 2020
Compensation expense related to acquisitions$89 $57 
Schedule of Product Warranty Liability
The following table summarizes the activity related to the product warranty liability (in millions):
Three Months Ended
October 30,
2021
October 24,
2020
Balance at beginning of period$336 $331 
Provisions for warranties issued114 121 
Adjustments for pre-existing warranties
Settlements (111)(122)
Balance at end of period$341 $331 
Schedule of Guarantor Obligations The aggregate amounts of financing guarantees outstanding at October 30, 2021 and July 31, 2021, representing the total maximum potential future payments under financing arrangements with third parties along with the related deferred revenue, are summarized in the following table (in millions):
October 30,
2021
July 31,
2021
Maximum potential future payments relating to financing guarantees:
Channel partner$197 $155 
End user
Total$201 $160 
Deferred revenue associated with financing guarantees:
Channel partner$(5)$(16)
End user(4)(5)
Total$(9)$(21)
Total$192 $139