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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 28, 2018
Jul. 29, 2017
Jul. 30, 2016
REVENUE:      
Revenue $ 49,330 $ 48,005 $ 49,247
COST OF SALES:      
Total cost of sales 18,724 17,781 18,287
GROSS MARGIN 30,606 30,224 30,960
OPERATING EXPENSES:      
Research and development 6,332 6,059 6,296
Sales and marketing 9,242 9,184 9,619
General and administrative 2,144 1,993 1,814
Amortization of purchased intangible assets 221 259 303
Restructuring and other charges 358 756 268
Total operating expenses 18,297 18,251 18,300
OPERATING INCOME 12,309 11,973 12,660
Interest income 1,508 1,338 1,005
Interest expense (943) (861) (676)
Other income (loss), net 165 (163) (69)
Interest and other income (loss), net 730 314 260
INCOME BEFORE PROVISION FOR INCOME TAXES 13,039 12,287 12,920
Provision for income taxes 12,929 2,678 2,181
NET INCOME $ 110 $ 9,609 $ 10,739
Net income per share:      
Basic (in dollars per share) $ 0.02 $ 1.92 $ 2.13
Diluted (in dollars per share) $ 0.02 $ 1.90 $ 2.11
Shares used in per-share calculation:      
Basic (in shares) 4,837 5,010 5,053
Diluted (in shares) 4,881 5,049 5,088
Cash dividends declared per common share (in dollars per share) $ 1.24 $ 1.1 $ 0.94
Product      
REVENUE:      
Revenue $ 36,709 $ 35,705 $ 37,254
COST OF SALES:      
Total cost of sales 14,427 13,699 14,161
Service      
REVENUE:      
Revenue 12,621 12,300 11,993
COST OF SALES:      
Total cost of sales $ 4,297 $ 4,082 $ 4,126