Borrowings (Tables)

3 Months Ended

Oct. 28, 2023

Debt Disclosure [Abstract]

Schedule of Short-Term Debt

The following table summarizes our short-term debt (in millions, except percentages):

	October 28, 2023				July 29, 2023
	Amount		Effective Rate		Amount		Effective Rate
Current portion of long-term debt	$	990	6.33	%	$	1,733	4.45	%

Schedule of Long-Term Debt

The following table summarizes our long-term debt (in millions, except percentages):

		October 28, 2023			July 29, 2023
	Maturity Date	Amount		Effective Rate	Amount		Effective Rate
Senior notes:
Fixed-rate notes:
2.20%	September 20, 2023	$	—	—	$	750	2.27%
3.625%	March 4, 2024	1,000		6.33%	1,000		6.08%
3.50%	June 15, 2025	500		6.63%	500		6.38%
2.95%	February 28, 2026	750		3.01%	750		3.01%
2.50%	September 20, 2026	1,500		2.55%	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		7,750			8,500
Unaccreted discount/issuance costs		(68)			(68)
Hedge accounting fair value adjustments		(32)			(41)
Total		$	7,650		$	8,391
Reported as:
Current portion of long-term debt		$	990		$	1,733
Long-term debt		6,660			6,658
Total		$	7,650		$	8,391

Schedule of Future Principal Payments for Long-Term Debt

As of October 28, 2023, future principal payments for long-term debt, including the current portion, are summarized as follows (in millions):

Fiscal Year	Amount
2024 (remaining nine months)	$	1,000
2025	500
2026	750
2027	1,500
Thereafter	4,000
Total	$	7,750