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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jan. 26, 2019
Jan. 27, 2018
Jan. 26, 2019
Jan. 27, 2018
REVENUE:        
Revenue $ 12,446 $ 11,887 $ 25,518 $ 24,023
COST OF SALES:        
Total cost of sales 4,673 4,389 9,599 9,098
GROSS MARGIN 7,773 7,498 15,919 14,925
OPERATING EXPENSES:        
Research and development 1,557 1,549 3,165 3,116
Sales and marketing 2,271 2,235 4,681 4,569
General and administrative 509 483 720 1,040
Amortization of purchased intangible assets 39 60 73 121
Restructuring and other charges 186 98 264 250
Total operating expenses 4,562 4,425 8,903 9,096
OPERATING INCOME 3,211 3,073 7,016 5,829
Interest income 328 396 672 775
Interest expense (223) (247) (444) (482)
Other income (loss), net 27 10 8 72
Interest and other income (loss), net 132 159 236 365
INCOME BEFORE PROVISION FOR INCOME TAXES 3,343 3,232 7,252 6,194
Provision for income taxes 521 12,010 881 12,578
NET INCOME (LOSS) $ 2,822 $ (8,778) $ 6,371 $ (6,384)
Net income (loss) per share:        
Basic (in dollars per share) $ 0.63 $ (1.78) $ 1.41 $ (1.29)
Diluted (in dollars per share) $ 0.63 $ (1.78) $ 1.40 $ (1.29)
Shares used in per-share calculation:        
Basic (in shares) 4,470 4,924 4,517 4,942
Diluted (in shares) 4,505 4,924 4,557 4,942
Product        
REVENUE:        
Revenue $ 9,273 $ 8,709 $ 19,163 $ 17,763
COST OF SALES:        
Total cost of sales 3,614 3,354 7,413 6,969
Service        
REVENUE:        
Revenue 3,173 3,178 6,355 6,260
COST OF SALES:        
Total cost of sales $ 1,059 $ 1,035 $ 2,186 $ 2,129