Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 28, 2018	Jul. 29, 2017
Current assets:
Cash and cash equivalents	$ 8,934	$ 11,708
Investments	37,614	58,784
Accounts receivable, net of allowance for doubtful accounts of $129 at July 28, 2018 and $211 at July 29, 2017	5,554	5,146
Inventories	1,846	1,616
Financing receivables, net	4,949	4,856
Other current assets	2,940	1,593
Total current assets	61,837	83,703
Property and equipment, net	3,006	3,322
Financing receivables, net	4,882	4,738
Goodwill	31,706	29,766
Purchased intangible assets, net	2,552	2,539
Deferred tax assets	3,219	4,239
Other assets	1,582	1,511
TOTAL ASSETS	108,784	129,818
Current liabilities:
Short-term debt	5,238	7,992
Accounts payable	1,904	1,385
Income taxes payable	1,004	98
Accrued compensation	2,986	2,895
Deferred revenue	11,490	10,821
Other current liabilities	4,413	4,392
Total current liabilities	27,035	27,583
Long-term debt	20,331	25,725
Income taxes payable	8,585	1,250
Deferred revenue	8,195	7,673
Other long-term liabilities	1,434	1,450
Total liabilities	65,580	63,681
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; 4,614 and 4,983 shares issued and outstanding at July 28, 2018 and July 29, 2017, respectively	42,820	45,253
Retained earnings	1,233	20,838
Accumulated other comprehensive income (loss)	(849)	46
Total Cisco shareholders’ equity	43,204	66,137
Noncontrolling interests	0	0
Total equity	43,204	66,137
TOTAL LIABILITIES AND EQUITY	$ 108,784	$ 129,818