Balance Sheet Details

3 Months Ended

Oct. 25, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Balance Sheet Details

6. Balance Sheet Details

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

	October 25, 2014		July 26, 2014
Inventories:
Raw materials	$	173	$	77
Work in process	3		5
Finished goods:
Distributor inventory and deferred cost of sales	654		595
Manufactured finished goods	535		606
Total finished goods	1,189		1,201
Service-related spares	275		273
Demonstration systems	36		35
Total	$	1,676	$	1,591

Property and equipment, net:
Land, buildings, and building and leasehold improvements	$	4,471		$	4,468
Computer equipment and related software	1,423			1,425
Production, engineering, and other equipment	5,728			5,756
Operating lease assets	349			362
Furniture and fixtures	498			509
	12,469			12,520
Less accumulated depreciation and amortization	(9,236		)	(9,268		)
Total	$	3,233		$	3,252

Other assets:
Deferred tax assets	$	1,553	$	1,700
Investments in privately held companies	886		899
Other	789		732
Total	$	3,228	$	3,331

Deferred revenue:
Service	$	9,029	$	9,640
Product:
Unrecognized revenue on product shipments and other deferred revenue	4,056		3,924
Cash receipts related to unrecognized revenue from two-tier distributors	659		578
Total product deferred revenue	4,715		4,502
Total	$	13,744	$	14,142
Reported as:
Current	$	9,449	$	9,478
Noncurrent	4,295		4,664
Total	$	13,744	$	14,142