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Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Apr. 30, 2016
Apr. 25, 2015
Apr. 30, 2016
Apr. 25, 2015
REVENUE:        
Product $ 8,875 $ 9,326 $ 27,702 $ 27,839
Service 3,125 2,811 8,907 8,479
Total revenue 12,000 12,137 36,609 36,318
COST OF SALES:        
Product 3,214 3,584 10,547 11,309
Service 1,065 1,028 3,077 3,061
Total cost of sales 4,279 4,612 13,624 14,370
GROSS MARGIN 7,721 7,525 22,985 21,948
OPERATING EXPENSES:        
Research and development 1,626 1,547 4,695 4,659
Sales and marketing 2,447 2,449 7,176 7,272
General and administrative 566 510 1,281 1,504
Amortization of purchased intangible assets 81 70 221 213
Restructuring and other charges 17 24 255 411
Total operating expenses 4,737 4,600 13,628 14,059
OPERATING INCOME 2,984 2,925 9,357 7,889
Interest income 270 190 732 558
Interest expense (175) (139) (496) (417)
Other income (loss), net 4 59 (67) 238
Interest and other income (loss), net 99 110 169 379
INCOME BEFORE PROVISION FOR INCOME TAXES 3,083 3,035 9,526 8,268
Provision for income taxes 734 598 1,600 1,606
NET INCOME $ 2,349 $ 2,437 $ 7,926 $ 6,662
Net income per share:        
Basic (in dollars per share) $ 0.47 $ 0.48 $ 1.57 $ 1.30
Diluted (in dollars per share) $ 0.46 $ 0.47 $ 1.56 $ 1.29
Shares used in per-share calculation:        
Basic (in shares) 5,032 5,102 5,060 5,110
Diluted (in shares) 5,065 5,148 5,095 5,154
Cash dividends declared per common share (in dollars per share) $ 0.26 $ 0.21 $ 0.68 $ 0.59