Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Oct. 25, 2014	Jul. 26, 2014
Current assets:
Cash and cash equivalents	$ 4,387	$ 6,726
Investments	47,720	45,348
Accounts receivable, net of allowance for doubtful accounts of $276 at October 25, 2014 and $265 at July 26, 2014	4,375	5,157
Inventories	1,676	1,591
Financing receivables, net	4,265	4,153
Deferred tax assets	2,689	2,808
Other current assets	1,284	1,331
Total current assets	66,396	67,114
Property and equipment, net	3,233	3,252
Financing receivables, net	3,691	3,918
Goodwill	24,364	24,239
Purchased intangible assets, net	3,066	3,280
Other assets	3,228	3,331
TOTAL ASSETS	103,978	105,134
Current liabilities:
Short-term debt	1,357	508
Accounts payable	1,022	1,032
Income taxes payable	94	159
Accrued compensation	2,638	3,181
Deferred revenue	9,449	9,478
Other current liabilities	5,496	5,451
Total current liabilities	20,056	19,809
Long-term debt	19,615	20,401
Income taxes payable	1,504	1,851
Deferred revenue	4,295	4,664
Other long-term liabilities	1,793	1,748
Total liabilities	47,263	48,473
Commitments and contingencies (Note 12)
Cisco shareholders’ equity:
Preferred stock, no par value: 5 shares authorized; none issued and outstanding	0	0
Common stock and additional paid-in capital, $0.001 par value: 20,000 shares authorized; 5,109 and 5,107 shares issued and outstanding at October 25, 2014 and July 26, 2014, respectively	41,984	41,884
Retained earnings	14,273	14,093
Accumulated other comprehensive income	451	677
Total Cisco shareholders’ equity	56,708	56,654
Noncontrolling interests	7	7
Total equity	56,715	56,661
TOTAL LIABILITIES AND EQUITY	$ 103,978	$ 105,134