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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jan. 27, 2018
Jan. 28, 2017
Jan. 27, 2018
Jan. 28, 2017
REVENUE:        
Product $ 8,709 $ 8,491 $ 17,763 $ 17,793
Service 3,178 3,089 6,260 6,139
Total revenue 11,887 11,580 24,023 23,932
COST OF SALES:        
Product 3,354 3,305 6,969 6,708
Service 1,035 999 2,129 2,064
Total cost of sales 4,389 4,304 9,098 8,772
GROSS MARGIN 7,498 7,276 14,925 15,160
OPERATING EXPENSES:        
Research and development 1,549 1,508 3,116 3,053
Sales and marketing 2,235 2,222 4,569 4,640
General and administrative 483 456 1,040 1,011
Amortization of purchased intangible assets 60 64 121 142
Restructuring and other charges 98 133 250 544
Total operating expenses 4,425 4,383 9,096 9,390
OPERATING INCOME 3,073 2,893 5,829 5,770
Interest income 396 329 775 624
Interest expense (247) (222) (482) (420)
Other income (loss), net 10 (37) 72 (58)
Interest and other income (loss), net 159 70 365 146
INCOME BEFORE PROVISION FOR INCOME TAXES 3,232 2,963 6,194 5,916
Provision for income taxes 12,010 615 12,578 1,246
NET INCOME (LOSS) $ (8,778) $ 2,348 $ (6,384) $ 4,670
Net income (loss) per share:        
Basic (in dollars per share) $ (1.78) $ 0.47 $ (1.29) $ 0.93
Diluted (in dollars per share) $ (1.78) $ 0.47 $ (1.29) $ 0.92
Shares used in per-share calculation:        
Basic (in shares) 4,924 5,015 4,942 5,021
Diluted (in shares) 4,924 5,040 4,942 5,054
Cash dividends declared per common share (in dollars per share) $ 0.29 $ 0.26 $ 0.58 $ 0.52