XML 89 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements Of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jan. 24, 2015
Jan. 25, 2014
Jan. 24, 2015
Jan. 25, 2014
REVENUE:        
Product $ 9,078us-gaap_SalesRevenueGoodsNet $ 8,423us-gaap_SalesRevenueGoodsNet $ 18,513us-gaap_SalesRevenueGoodsNet $ 17,820us-gaap_SalesRevenueGoodsNet
Service 2,858us-gaap_SalesRevenueServicesNet 2,732us-gaap_SalesRevenueServicesNet 5,668us-gaap_SalesRevenueServicesNet 5,420us-gaap_SalesRevenueServicesNet
Total revenue 11,936us-gaap_SalesRevenueNet 11,155us-gaap_SalesRevenueNet 24,181us-gaap_SalesRevenueNet 23,240us-gaap_SalesRevenueNet
COST OF SALES:        
Product 3,806us-gaap_CostOfGoodsSold 4,323us-gaap_CostOfGoodsSold 7,725us-gaap_CostOfGoodsSold 8,070us-gaap_CostOfGoodsSold
Service 1,040us-gaap_CostOfServices 881us-gaap_CostOfServices 2,033us-gaap_CostOfServices 1,812us-gaap_CostOfServices
Total cost of sales 4,846us-gaap_CostOfGoodsAndServicesSold 5,204us-gaap_CostOfGoodsAndServicesSold 9,758us-gaap_CostOfGoodsAndServicesSold 9,882us-gaap_CostOfGoodsAndServicesSold
GROSS MARGIN 7,090us-gaap_GrossProfit 5,951us-gaap_GrossProfit 14,423us-gaap_GrossProfit 13,358us-gaap_GrossProfit
OPERATING EXPENSES:        
Research and development 1,529us-gaap_ResearchAndDevelopmentExpense 1,412us-gaap_ResearchAndDevelopmentExpense 3,112us-gaap_ResearchAndDevelopmentExpense 3,136us-gaap_ResearchAndDevelopmentExpense
Sales and marketing 2,308us-gaap_SellingAndMarketingExpense 2,277us-gaap_SellingAndMarketingExpense 4,823us-gaap_SellingAndMarketingExpense 4,688us-gaap_SellingAndMarketingExpense
General and administrative 490us-gaap_GeneralAndAdministrativeExpense 451us-gaap_GeneralAndAdministrativeExpense 994us-gaap_GeneralAndAdministrativeExpense 966us-gaap_GeneralAndAdministrativeExpense
Amortization of purchased intangible assets 72us-gaap_AmortizationOfIntangibleAssets 71us-gaap_AmortizationOfIntangibleAssets 143us-gaap_AmortizationOfIntangibleAssets 136us-gaap_AmortizationOfIntangibleAssets
Restructuring and other charges 69csco_RestructuringAndOtherCharges 73csco_RestructuringAndOtherCharges 387csco_RestructuringAndOtherCharges 310csco_RestructuringAndOtherCharges
Total operating expenses 4,468us-gaap_OperatingExpenses 4,284us-gaap_OperatingExpenses 9,459us-gaap_OperatingExpenses 9,236us-gaap_OperatingExpenses
OPERATING INCOME 2,622us-gaap_OperatingIncomeLoss 1,667us-gaap_OperatingIncomeLoss 4,964us-gaap_OperatingIncomeLoss 4,122us-gaap_OperatingIncomeLoss
Interest income 189us-gaap_InvestmentIncomeInterestAndDividend 169us-gaap_InvestmentIncomeInterestAndDividend 368us-gaap_InvestmentIncomeInterestAndDividend 338us-gaap_InvestmentIncomeInterestAndDividend
Interest expense (139)us-gaap_InterestExpense (136)us-gaap_InterestExpense (278)us-gaap_InterestExpense (276)us-gaap_InterestExpense
Other income (loss), net 201us-gaap_OtherNonoperatingIncomeExpense 55us-gaap_OtherNonoperatingIncomeExpense 179us-gaap_OtherNonoperatingIncomeExpense 111us-gaap_OtherNonoperatingIncomeExpense
Interest and other income (loss), net 251us-gaap_NonoperatingIncomeExpense 88us-gaap_NonoperatingIncomeExpense 269us-gaap_NonoperatingIncomeExpense 173us-gaap_NonoperatingIncomeExpense
INCOME BEFORE PROVISION FOR INCOME TAXES 2,873us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 1,755us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 5,233us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 4,295us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Provision for income taxes 476us-gaap_IncomeTaxExpenseBenefit 326us-gaap_IncomeTaxExpenseBenefit 1,008us-gaap_IncomeTaxExpenseBenefit 870us-gaap_IncomeTaxExpenseBenefit
NET INCOME $ 2,397us-gaap_NetIncomeLoss $ 1,429us-gaap_NetIncomeLoss $ 4,225us-gaap_NetIncomeLoss $ 3,425us-gaap_NetIncomeLoss
Net income per share:        
Basic (in dollars per share) $ 0.47us-gaap_EarningsPerShareBasic $ 0.27us-gaap_EarningsPerShareBasic $ 0.83us-gaap_EarningsPerShareBasic $ 0.64us-gaap_EarningsPerShareBasic
Diluted (in dollars per share) $ 0.46us-gaap_EarningsPerShareDiluted $ 0.27us-gaap_EarningsPerShareDiluted $ 0.82us-gaap_EarningsPerShareDiluted $ 0.64us-gaap_EarningsPerShareDiluted
Shares used in per-share calculation:        
Basic (in shares) 5,117us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 5,294us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 5,115us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 5,336us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 5,160us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 5,327us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 5,159us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 5,383us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Cash dividends declared per common share (in dollars per share) $ 0.19us-gaap_CommonStockDividendsPerShareCashPaid $ 0.17us-gaap_CommonStockDividendsPerShareCashPaid $ 0.38us-gaap_CommonStockDividendsPerShareCashPaid $ 0.34us-gaap_CommonStockDividendsPerShareCashPaid