Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 30, 2016	Jul. 25, 2015
Current assets:
Cash and cash equivalents	$ 7,631	$ 6,877
Investments	58,125	53,539
Accounts receivable, net of allowance for doubtful accounts of $249 at July 30, 2016 and $302 at July 25, 2015	5,847	5,344
Inventories	1,217	1,627
Financing receivables, net	4,272	4,491
Other current assets	1,627	1,490
Total current assets	78,719	73,368
Property and equipment, net	3,506	3,332
Financing receivables, net	4,158	3,858
Goodwill	26,625	24,469
Purchased intangible assets, net	2,501	2,376
Deferred Tax Assets	4,299	4,454
Other assets	1,844	1,516
TOTAL ASSETS	121,652	113,373
Current liabilities:
Short-term debt	4,160	3,897
Accounts payable	1,056	1,104
Income taxes payable	517	62
Accrued compensation	2,951	3,049
Deferred revenue	10,155	9,824
Other current liabilities	6,072	5,476
Total current liabilities	24,911	23,412
Long-term debt	24,483	21,457
Income taxes payable	925	1,876
Deferred revenue	6,317	5,359
Other long-term liabilities	1,431	1,562
Total liabilities	58,067	53,666
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; 5,029 and 5,085 shares issued and outstanding at July 30, 2016 and July 25, 2015, respectively	44,516	43,592
Retained earnings	19,396	16,045
Accumulated other comprehensive income (loss)	(326)	61
Total Cisco shareholders’ equity	63,586	59,698
Noncontrolling interests	(1)	9
Total equity	63,585	59,707
TOTAL LIABILITIES AND EQUITY	$ 121,652	$ 113,373