v2.4.1.9
Borrowings (Tables)
9 Months Ended
Apr. 25, 2015
Debt Disclosure [Abstract]  
Schedule Of Short-Term Debt
The following table summarizes the Company’s short-term debt (in millions, except percentages):
 
April 25, 2015
 
July 26, 2014
 
Amount
 
Effective Rate
 
Amount
 
Effective Rate
Current portion of long-term debt
$
3,914

 
2.47
%
 
$
500

 
3.11
%
Commercial paper
500

 
0.16
%
 

 

Other short-term debt
4

 
2.62
%
 
8

 
2.67
%
Total
$
4,418

 
 
 
$
508

 

Schedule Of Long-Term Debt
The following table summarizes the Company’s long-term debt (in millions, except percentages):
 
 
 
April 25, 2015
 
July 26, 2014
 
Maturity Date
 
Amount
 
Effective Rate
 
Amount
 
Effective Rate
Senior notes:
 
 
 
 
 
 
 
 
 
Floating-rate notes:
 
 
 
 
 
 
 
 
 
Three-month LIBOR plus 0.05%
September 3, 2015
 
$
850

 
0.41%
 
$
850

 
0.35%
Three-month LIBOR plus 0.28%
March 3, 2017
 
1,000

 
0.61%
 
1,000

 
0.56%
Three-month LIBOR plus 0.50%
March 1, 2019
 
500

 
0.82%
 
500

 
0.78%
Fixed-rate notes:
 
 
 
 
 
 
 
 
 
2.90%
November 17, 2014
 

 
 
500

 
3.11%
5.50%
February 22, 2016
 
3,000

 
3.06%
 
3,000

 
3.04%
1.10%
March 3, 2017
 
2,400

 
0.58%
 
2,400

 
0.56%
3.15%
March 14, 2017
 
750

 
0.83%
 
750

 
0.79%
4.95%
February 15, 2019
 
2,000

 
4.69%
 
2,000

 
4.69%
2.125%
March 1, 2019
 
1,750

 
0.79%
 
1,750

 
0.77%
4.45%
January 15, 2020
 
2,500

 
3.00%
 
2,500

 
2.98%
2.90%
March 4, 2021
 
500

 
0.95%
 
500

 
0.93%
3.625%
March 4, 2024
 
1,000

 
1.07%
 
1,000

 
1.05%
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%
Other long-term debt
 
 
1

 
2.08%
 
4

 
2.39%
Total
 
 
20,251

 
 
 
20,754

 
 
Unaccreted discount
 
 
(59
)
 
 
 
(63
)
 
 
Hedge accounting fair value adjustments
 
 
308

 
 
 
210

 
 
Total
 
 
$
20,500

 
 
 
$
20,901

 
 
 
 
 
 
 
 
 
 
 
 
Reported as:
 
 
 
 
 
 
 
 
 
Current portion of long-term debt
 
 
$
3,914

 
 
 
$
500

 
 
Long-term debt
 
 
16,586

 
 
 
20,401

 
 
Total
 
 
$
20,500

 
 
 
$
20,901

 
 
Schedule Of Principal Payments For Long-Term Debt
As of April 25, 2015, future principal payments for long-term debt, including the current portion, are summarized as follows (in millions):
Fiscal Year
Amount
2015 (remaining three months)
$

2016
3,850

2017
4,151

2018

2019
4,250

Thereafter
8,000

Total
$
20,251