
6.	Balance Sheet Details

The following tables provide details of selected balance sheet items (in millions):



	April 27, 2013			July 28, 2012
Inventories:
Raw materials	$	81		$	127
Work in process	38			35
Finished goods:
Distributor inventory and deferred cost of sales	679			630
Manufactured finished goods	378			597
Total finished goods	1,057			1,227
Service-related spares	253			213
Demonstration systems	40			61

Total	$	1,469		$	1,663

Property and equipment, net:
Land, buildings, and building and leasehold improvements	$	4,437		$	4,363
Computer equipment and related software	1,392			1,469
Production, engineering, and other equipment	5,655			5,364
Operating lease assets ⁽¹⁾	299			300
Furniture and fixtures	497			487
	12,280			11,983
Less accumulated depreciation and amortization ⁽¹⁾	(8,950		)	(8,581		)
Total	$	3,330		$	3,402

⁽¹⁾ Accumulated depreciation related to operating lease assets was $185 and $181 as of April 27, 2013 and July 28, 2012, respectively.

Other assets:
Deferred tax assets	$	1,787		$	2,270
Investments in privately held companies	835			858
Other	829			754
Total	$	3,451		$	3,882

Deferred revenue:
Service	$	8,705		$	9,173
Product:
Unrecognized revenue on product shipments and other deferred revenue	3,257			2,975
Cash receipts related to unrecognized revenue from two-tier distributors	723			732
Total product deferred revenue	3,980			3,707
Total	$	12,685		$	12,880
Reported as:
Current	$	9,055		$	8,852
Noncurrent	3,630			4,028
Total	$	12,685		$	12,880