Leases (Tables)

12 Months Ended

Jul. 25, 2026

The following table presents our operating lease balances (in millions):


	Balance Sheet Line Item	July 25, 2026		July 26, 2025
Operating lease ROU assets	Other assets	$	1,395	$	1,301

Operating lease liabilities	Other current liabilities	$	404	$	375
Operating lease liabilities	Other long-term liabilities	1,248		1,175
Total operating lease liabilities		$	1,652	$	1,550

The components of our lease expenses were as follows (in millions):

Supplemental information related to our operating leases is as follows (in millions):


Years Ended	July 25, 2026		July 26, 2025
Cash paid for amounts included in the measurement of lease liabilities — operating cash flows	$	517	$	457
ROU assets obtained in exchange for operating leases liabilities	$	592	$	660

The maturities of our operating leases (undiscounted) as of July 25, 2026 are as follows (in millions):

Future minimum lease payments on our lease receivables as of July 25, 2026 are summarized as follows (in millions):


Fiscal Year	Amount
2027	$	345
2028	181
2029	127
2030	149
2031	139
Total	941
Less: Present value of lease payments	(858)
Unearned income	$	83