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Net Income per Share | 12 Months Ended
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Jul. 27, 2024
Earnings Per Share [Abstract] |
Net Income per Share | Net Income per Share The following table presents the calculation of basic and diluted net income per share (in millions, except per-share amounts):
Years Ended | July 27, 2024 |  | July 29, 2023 |  | July 30, 2022
Net income | $ | 10,320 |  |  | $ | 12,613 |  |  | $ | 11,812 |
Weighted-average shares—basic | 4,043 |  |  | 4,093 |  |  | 4,170 |
Effect of dilutive potential common shares | 19 |  |  | 12 |  |  | 22 |
Weighted-average shares—diluted | 4,062 |  |  | 4,105 |  |  | 4,192 |
Net income per share—basic | $ | 2.55 |  |  | $ | 3.08 |  |  | $ | 2.83 |
Net income per share—diluted | $ | 2.54 |  |  | $ | 3.07 |  |  | $ | 2.82 |
Antidilutive employee share-based awards, excluded | 82 |  |  | 86 |  |  | 70 |

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