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Segment Information and Major Customers
12 Months Ended
Jul. 30, 2022
Segment Reporting [Abstract]  
Segment Information and Major Customers Segment Information and Major Customers
(a)Revenue and Gross Margin by Segment
We conduct business globally and are primarily managed on a geographic basis consisting of three segments: the Americas, EMEA, and APJC. Our management makes financial decisions and allocates resources based on the information it receives from our internal management system. Sales are attributed to a segment based on the ordering location of the customer. We do not allocate research and development, sales and marketing, or general and administrative expenses to our segments in this internal management system because management does not include the information in our measurement of the performance of the operating segments. In addition, we do not allocate amortization and impairment of acquisition-related intangible assets, share-based compensation expense, significant litigation settlements and other contingencies, charges related to asset impairments and restructurings, and certain other charges to the gross margin for each segment because management does not include this information in our measurement of the performance of the operating segments.
Summarized financial information by segment for fiscal 2022, 2021, and 2020, based on our internal management system and as utilized by our Chief Operating Decision Maker (CODM), is as follows (in millions):
Years EndedJuly 30, 2022July 31, 2021July 25, 2020
Revenue:
Americas$29,814 $29,161 $29,291 
EMEA13,715 12,951 12,659 
APJC8,027 7,706 7,352 
Total$51,557 $49,818 $49,301 
Gross margin:
Americas$19,117 $19,499 $19,547 
EMEA8,969 8,466 8,304 
APJC5,241 4,949 4,688 
Segment total33,326 32,914 32,538 
Unallocated corporate items(1,078)(1,020)(855)
Total$32,248 $31,894 $31,683 
Amounts may not sum due to rounding.
Revenue in the United States was $26.7 billion, $26.1 billion, and $26.1 billion for fiscal 2022, 2021, and 2020, respectively.
(b)Revenue for Groups of Similar Products and Services
We design and sell IP-based networking and other products related to the communications and IT industry and provide services associated with these products and their use. Effective fiscal 2022, we began reporting our product and service revenue in the following categories: Secure, Agile Networks; Internet for the Future; Collaboration; End-to-End Security; Optimized Application Experiences; Other Products; and Services. This change will better align our product categories with our strategic priorities.
The following table presents revenue for groups of similar products and services (in millions):
Years EndedJuly 30, 2022July 31, 2021July 25, 2020
Revenue:
Secure, Agile Networks$23,829 $22,722 $23,265 
Internet for the Future5,278 4,514 4,180 
Collaboration4,472 4,727 4,823 
End-to-End Security3,699 3,382 3,158 
Optimized Application Experiences729 654 524 
Other Products11 15 28 
Total Product38,018 36,014 35,978 
Services13,539 13,804 13,323 
Total$51,557 $49,818 $49,301 
Amounts may not sum due to rounding.
(c)Additional Segment Information
No single customer accounted for 10% or more of revenue in fiscal 2022, 2021, and 2020.
The majority of our assets as of July 30, 2022 and July 31, 2021 were attributable to our U.S. operations. Our long-lived assets are based on the physical location of the assets. The following table presents our long-lived assets, which consists of property and equipment, net and operating lease right-of-use assets information for geographic areas (in millions):
July 30, 2022July 31, 2021July 25, 2020
Long-lived assets:
United States$2,004 $2,189 $2,328 
International997 1,244 1,046 
Total$3,001 $3,433 $3,374