Comprehensive Income

12 Months Ended

Jul. 26, 2014

Comprehensive Income [Abstract]

Comprehensive Income

15. Comprehensive Income

The components of AOCI, net of tax, and the other comprehensive income (loss), excluding noncontrolling interest are summarized as follows (in millions):

	Net Unrealized Gains on Investments			Net Unrealized Gains (Losses) Cash Flow Hedging Instruments			Cumulative Translation Adjustment and Other			Accumulated Other Comprehensive Income
BALANCE AT JULY 30, 2011	$	487		$	6		$	801		$	1,294
Other comprehensive income (loss) before reclassifications attributable to Cisco Systems, Inc.	(19		)	(131		)	(532		)	(682		)
(Gains) losses reclassified out of other comprehensive income	(101		)	72			—			(29		)
Tax benefit (expense)	42			—			36			78
BALANCE AT JULY 28, 2012	409			(53		)	305			661
Other comprehensive income (loss) before reclassifications attributable to Cisco Systems, Inc.	3			74			(83		)	(6		)
(Gains) losses reclassified out of other comprehensive income	(48		)	(12		)	—			(60		)
Tax benefit (expense)	15			(1		)	(1		)	13
BALANCE AT JULY 27, 2013	379			8			221			608
Other comprehensive income (loss) before reclassifications attributable to Cisco Systems, Inc.	380			48			49			477
(Gains) losses reclassified out of other comprehensive income	(300		)	(68		)	—			(368		)
Tax benefit (expense)	(35		)	—			(5		)	(40		)
BALANCE AT JULY 26, 2014	$	424		$	(12	)	$	265		$	677

The net gains (losses) reclassified out of other comprehensive income into the Consolidated Statements of Operations, with line item location, during each period were as follows (in millions):

	July 26, 2014		July 27, 2013		July 28, 2012
Comprehensive Income Components	Income Before Taxes							Line Item in Statements of Operations
Net unrealized gains on available-for-sale investments
	$	300	$	48	$	101		Other income (loss), net
Net unrealized gains and losses on cash flow hedging instruments:
Foreign currency derivatives	55		10		(59		)	Operating expenses
Foreign currency derivatives	13		2		(14		)	Cost of sales—service
Interest rate derivatives	—		—		1			Interest expense
	68		12		(72		)
Total amounts reclassified out of other comprehensive income	$	368	$	60	$	29