Consolidated Balance Sheets - USD ($) $ in Millions	Jan. 29, 2022	Jul. 31, 2021
Current assets:
Cash and cash equivalents	$ 6,731	$ 9,175
Investments	14,382	15,343
Accounts receivable, net of allowance of $70 at January 29, 2022 and $109 at July 31, 2021	6,003	5,766
Inventories	2,059	1,559
Financing receivables, net	3,997	4,380
Other current assets	3,627	2,889
Total current assets	36,799	39,112
Property and equipment, net	2,140	2,338
Financing receivables, net	4,024	4,884
Goodwill	38,679	38,168
Purchased intangible assets, net	3,079	3,619
Deferred tax assets	4,269	4,360
Other assets	5,272	5,016
TOTAL ASSETS	94,262	97,497
Current liabilities:
Short-term debt	2,502	2,508
Accounts payable	2,101	2,362
Income taxes payable	837	801
Accrued compensation	3,364	3,818
Deferred revenue	12,268	12,148
Other current liabilities	4,843	4,620
Total current liabilities	25,915	26,257
Long-term debt	8,969	9,018
Income taxes payable	7,628	8,538
Deferred revenue	10,045	10,016
Other long-term liabilities	2,209	2,393
Total liabilities	54,766	56,222
Commitments and contingencies (Note 14)
Cisco stockholders’ equity:
Preferred stock, $0.001 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; 4,151 and 4,217 shares issued and outstanding at January 29, 2022 and July 31, 2021, respectively	42,291	42,346
Accumulated deficit	(2,006)	(654)
Accumulated other comprehensive loss	(789)	(417)
Total equity	39,496	41,275
TOTAL LIABILITIES AND EQUITY	$ 94,262	$ 97,497