Consolidated Balance Sheets - USD ($) $ in Millions	Apr. 30, 2022	Jul. 31, 2021
Current assets:
Cash and cash equivalents	$ 6,952	$ 9,175
Investments	13,156	15,343
Accounts receivable, net of allowance of $78 at April 30, 2022 and $109 at July 31, 2021	5,783	5,766
Inventories	2,231	1,559
Financing receivables, net	3,804	4,380
Other current assets	4,055	2,889
Total current assets	35,981	39,112
Property and equipment, net	2,046	2,338
Financing receivables, net	3,959	4,884
Goodwill	38,452	38,168
Purchased intangible assets, net	2,811	3,619
Deferred tax assets	4,276	4,360
Other assets	5,272	5,016
TOTAL ASSETS	92,797	97,497
Current liabilities:
Short-term debt	1,000	2,508
Accounts payable	2,289	2,362
Income taxes payable	852	801
Accrued compensation	3,032	3,818
Deferred revenue	12,249	12,148
Other current liabilities	4,728	4,620
Total current liabilities	24,150	26,257
Long-term debt	8,418	9,018
Income taxes payable	7,689	8,538
Deferred revenue	10,044	10,016
Other long-term liabilities	2,096	2,393
Total liabilities	52,397	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; 4,149 and 4,217 shares issued and outstanding at April 30, 2022 and July 31, 2021, respectively	42,587	42,346
Accumulated deficit	(724)	(654)
Accumulated other comprehensive loss	(1,463)	(417)
Total equity	40,400	41,275
TOTAL LIABILITIES AND EQUITY	$ 92,797	$ 97,497