v3.26.1
Income Taxes - Components of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Jul. 25, 2026
Jul. 26, 2025
ASSETS    
Inventory write-downs and capitalization $ 684 $ 532
Deferred foreign income 178 221
IPR&D and purchased intangible assets 878 961
Depreciation 208 242
Deferred revenue 1,819 1,933
Credits and net operating loss carryforwards 1,490 1,350
Share-based compensation expense 360 319
Accrued compensation 248 175
Lease liabilities 400 379
Capitalized research expenditures 4,396 4,182
Other 555 678
Gross deferred tax assets 11,216 10,972
Valuation allowance (1,408) (910)
Total deferred tax assets 9,808 10,062
LIABILITIES    
Goodwill and purchased intangible assets (1,946) (2,288)
ROU lease assets (340) (315)
Unrealized gains on investments (341) (50)
Other (157) (128)
Total deferred tax liabilities (2,784) (2,781)
Total net deferred tax assets $ 7,024 $ 7,281