Comprehensive Income (Loss)

3 Months Ended

Oct. 28, 2023

Equity [Abstract]

Comprehensive Income (Loss)

Comprehensive Income (Loss)

The components of AOCI, net of tax, and the other comprehensive income (loss), for the first quarter of fiscal 2024 and 2023 are summarized as follows (in millions):

	Net Unrealized Gains (Losses) on Available-for-Sale Investments		Net Unrealized Gains (Losses) Cash Flow Hedging Instruments		Cumulative Translation Adjustment and Actuarial Gains (Losses)		Accumulated Other Comprehensive Income (Loss)
Balance at July 29, 2023	$	(440)	$	18	$	(1,153)	$	(1,575)
Other comprehensive income (loss) before reclassifications	(170)		38		(356)		(488)
(Gains) losses reclassified out of AOCI	20		(12)		(1)		7
Tax benefit (expense)	36		(6)		1		31
Balance at October 28, 2023	$	(554)	$	38	$	(1,509)	$	(2,025)

	Net Unrealized Gains (Losses) on Available-for-Sale Investments		Net Unrealized Gains (Losses) Cash Flow Hedging Instruments		Cumulative Translation Adjustment and Actuarial Gains (Losses)		Accumulated Other Comprehensive Income (Loss)
Balance at July 30, 2022	$	(379)	$	44	$	(1,287)	$	(1,622)
Other comprehensive income (loss) before reclassifications	(329)		32		(282)		(579)
(Gains) losses reclassified out of AOCI	6		(19)		—		(13)
Tax benefit (expense)	77		(3)		22		96
Balance at October 29, 2022	$	(625)	$	54	$	(1,547)	$	(2,118)