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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jan. 29, 2022
Jan. 23, 2021
Jan. 29, 2022
Jan. 23, 2021
REVENUE:        
Total revenue $ 12,720 $ 11,960 $ 25,620 $ 23,889
COST OF SALES:        
Total cost of sales 4,671 4,176 9,518 8,524
GROSS MARGIN 8,049 7,784 16,102 15,365
OPERATING EXPENSES:        
Research and development 1,670 1,527 3,384 3,139
Sales and marketing 2,266 2,277 4,527 4,494
General and administrative 544 484 1,095 1,028
Amortization of purchased intangible assets 79 39 163 75
Restructuring and other charges 3 234 8 836
Total operating expenses 4,562 4,561 9,177 9,572
OPERATING INCOME 3,487 3,223 6,925 5,793
Interest income 111 161 232 335
Interest expense (88) (113) (177) (225)
Other income (loss), net 93 (16) 280 33
Interest and other income (loss), net 116 32 335 143
INCOME BEFORE PROVISION FOR INCOME TAXES 3,603 3,255 7,260 5,936
Provision for income taxes 630 710 1,307 1,217
NET INCOME $ 2,973 $ 2,545 $ 5,953 $ 4,719
Net income per share:        
Basic (in dollars per share) $ 0.71 $ 0.60 $ 1.42 $ 1.12
Diluted (in dollars per share) $ 0.71 $ 0.60 $ 1.41 $ 1.11
Shares used in per-share calculation:        
Basic (in shares) 4,183 4,223 4,201 4,227
Diluted (in shares) 4,205 4,234 4,222 4,239
Product        
REVENUE:        
Total revenue $ 9,353 $ 8,572 $ 18,882 $ 17,159
COST OF SALES:        
Total cost of sales 3,569 3,044 7,242 6,250
Service        
REVENUE:        
Total revenue 3,367 3,388 6,738 6,730
COST OF SALES:        
Total cost of sales $ 1,102 $ 1,132 $ 2,276 $ 2,274