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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Oct. 26, 2019
Oct. 27, 2018
REVENUE:    
Revenue $ 13,159 $ 13,072
COST OF SALES:    
Total cost of sales 4,695 4,926
GROSS MARGIN 8,464 8,146
OPERATING EXPENSES:    
Research and development 1,666 1,608
Sales and marketing 2,480 2,410
General and administrative 519 211
Amortization of purchased intangible assets 36 34
Restructuring and other charges 184 78
Total operating expenses 4,885 4,341
OPERATING INCOME 3,579 3,805
Interest income 273 344
Interest expense (178) (221)
Other income (loss), net 12 (19)
Interest and other income (loss), net 107 104
INCOME BEFORE PROVISION FOR INCOME TAXES 3,686 3,909
Provision for income taxes 760 360
NET INCOME $ 2,926 $ 3,549
Net income per share:    
Basic (in dollars per share) $ 0.69 $ 0.78
Diluted (in dollars per share) $ 0.68 $ 0.77
Shares used in per-share calculation:    
Basic (in shares) 4,246 4,565
Diluted (in shares) 4,273 4,614
Product    
REVENUE:    
Revenue $ 9,878 $ 9,890
COST OF SALES:    
Total cost of sales 3,524 3,799
Service    
REVENUE:    
Revenue 3,281 3,182
COST OF SALES:    
Total cost of sales $ 1,171 $ 1,127