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Consolidated Statements Of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Apr. 27, 2013
Apr. 28, 2012
Apr. 27, 2013
Apr. 28, 2012
NET SALES:        
Product $ 9,559 $ 9,106 $ 28,293 $ 27,176
Service 2,657 2,482 7,897 7,195
Total net sales 12,216 11,588 36,190 34,371
COST OF SALES:        
Product 3,782 3,563 11,387 10,776
Service 923 856 2,710 2,471
Total cost of sales 4,705 4,419 14,097 13,247
GROSS MARGIN 7,511 7,169 22,093 21,124
OPERATING EXPENSES:        
Research and development 1,542 1,358 4,425 4,072
Sales and marketing 2,375 2,383 7,178 7,230
General and administrative 530 562 1,674 1,611
Amortization of purchased intangible assets 89 96 329 292
Restructuring and other charges 33 20 105 225
Total operating expenses 4,569 4,419 13,711 13,430
OPERATING INCOME 2,942 2,750 8,382 7,694
Interest income 162 161 483 483
Interest expense (145) (151) (440) (449)
Other income (loss), net (14) 19 (69) 45
Interest and other income, net 3 29 (26) 79
INCOME BEFORE PROVISION FOR INCOME TAXES 2,945 2,779 8,356 7,773
Provision for income taxes 467 614 643 1,649
NET INCOME $ 2,478 $ 2,165 $ 7,713 $ 6,124
Net income per share-basic (in dollars per share) $ 0.47 $ 0.40 $ 1.45 $ 1.14
Net income per share-diluted (in dollars per share) $ 0.46 $ 0.40 $ 1.44 $ 1.13
Shares used in per-share calculation-basic (in shares) 5,329 5,388 5,316 5,383
Shares used in per-share calculation-diluted (in shares) 5,387 5,456 5,361 5,418
Cash dividends declared per common share (in dollars per share) $ 0.17 $ 0.08 $ 0.45 $ 0.20