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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jan. 25, 2020
Jan. 26, 2019
Jan. 25, 2020
Jan. 26, 2019
REVENUE:        
Revenue $ 12,005 $ 12,446 $ 25,164 $ 25,518
COST OF SALES:        
Total cost of sales 4,241 4,673 8,936 9,599
GROSS MARGIN 7,764 7,773 16,228 15,919
OPERATING EXPENSES:        
Research and development 1,570 1,557 3,236 3,165
Sales and marketing 2,279 2,271 4,759 4,681
General and administrative 455 509 974 720
Amortization of purchased intangible assets 38 39 74 73
Restructuring and other charges 42 186 226 264
Total operating expenses 4,384 4,562 9,269 8,903
OPERATING INCOME 3,380 3,211 6,959 7,016
Interest income 242 328 515 672
Interest expense (158) (223) (336) (444)
Other income (loss), net 70 27 82 8
Interest and other income (loss), net 154 132 261 236
INCOME BEFORE PROVISION FOR INCOME TAXES 3,534 3,343 7,220 7,252
Provision for income taxes 656 521 1,416 881
NET INCOME $ 2,878 $ 2,822 $ 5,804 $ 6,371
Net income per share:        
Basic (in dollars per share) $ 0.68 $ 0.63 $ 1.37 $ 1.41
Diluted (in dollars per share) $ 0.68 $ 0.63 $ 1.36 $ 1.40
Shares used in per-share calculation:        
Basic (in shares) 4,242 4,470 4,244 4,517
Diluted (in shares) 4,260 4,505 4,265 4,557
Product        
REVENUE:        
Revenue $ 8,671 $ 9,273 $ 18,549 $ 19,163
COST OF SALES:        
Total cost of sales 3,126 3,614 6,650 7,413
Service        
REVENUE:        
Revenue 3,334 3,173 6,615 6,355
COST OF SALES:        
Total cost of sales $ 1,115 $ 1,059 $ 2,286 $ 2,186