<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated balance sheet, consolidated statement of income and consolidated
statement of cash flows included in the Company's Form 10-K for the period
ending July 28, 1996, and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          JUL-28-1996
<PERIOD-START>                             JUL-31-1995
<PERIOD-END>                               JUL-28-1996
<CASH>                                         279,695
<SECURITIES>                                 1,819,247
<RECEIVABLES>                                  643,933
<ALLOWANCES>                                    21,074
<INVENTORY>                                    301,188
<CURRENT-ASSETS>                             2,159,640
<PP&E>                                         575,472
<DEPRECIATION>                                 244,157
<TOTAL-ASSETS>                               3,630,232
<CURRENT-LIABILITIES>                          769,353
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       888,067
<OTHER-SE>                                   1,931,555
<TOTAL-LIABILITY-AND-EQUITY>                 3,630,232
<SALES>                                      4,096,007
<TOTAL-REVENUES>                             4,096,007
<CGS>                                        1,409,862
<TOTAL-COSTS>                                2,695,201
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              1,464,825
<INCOME-TAX>                                   551,501
<INCOME-CONTINUING>                            913,324
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   913,324
<EPS-PRIMARY>                                     1.37
<EPS-DILUTED>                                        0