Balance Sheet and Other Details (Tables)

12 Months Ended

Jul. 30, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Cash, Cash Equivalents, and Restricted Cash

The following tables provide details of selected balance sheet and other items (in millions):

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

	July 30, 2022		July 31, 2021
Cash and cash equivalents	$	7,079	$	9,175
Restricted cash and restricted cash equivalents included in other current assets	—		14
Restricted cash and restricted cash equivalents included in other assets	1,500		753
Total	$	8,579	$	9,942

Cash, Cash Equivalents, and Restricted Cash

The following tables provide details of selected balance sheet and other items (in millions):

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

	July 30, 2022		July 31, 2021
Cash and cash equivalents	$	7,079	$	9,175
Restricted cash and restricted cash equivalents included in other current assets	—		14
Restricted cash and restricted cash equivalents included in other assets	1,500		753
Total	$	8,579	$	9,942

Inventories

Inventories

	July 30, 2022		July 31, 2021
Raw materials	$	1,601	$	801
Work in process	150		54
Finished goods:
Deferred cost of sales	86		97
Manufactured finished goods	631		422
Total finished goods	717		519
Service-related spares	90		174
Demonstration systems	10		11
Total	$	2,568	$	1,559

Property and Equipment, Net

Depreciation and amortization are computed using the straight-line method, generally over the following periods:

Asset Category	Period
Buildings	25 years
Building improvements	10 years
Leasehold improvements	Shorter of remaining lease term or up to 10 years
Computer equipment and related software	30 to 36 months
Production, engineering, and other equipment	Up to 5 years
Operating lease assets	Based on lease term
Furniture and fixtures	5 years

Property and Equipment, Net

	July 30, 2022		July 31, 2021
Gross property and equipment:
Land, buildings, and building and leasehold improvements	$	4,219	$	4,304
Computer equipment and related software	779		858
Production, engineering, and other equipment	4,647		5,106
Operating lease assets	185		273
Furniture, fixtures and other	335		377
Total gross property and equipment	10,165		10,918
Less: accumulated depreciation and amortization	(8,168)		(8,580)
Total	$	1,997	$	2,338

Remaining Performance Obligations

Remaining Performance Obligations (RPO)

	July 30, 2022			July 31, 2021
Product	$	14,090		$	13,270
Service	17,449			17,623
Total	$	31,539		$	30,893
Short-term RPO	$	16,936		$	16,289
Long-term RPO	14,603			14,604
Total	$	31,539		$	30,893
Amount to be recognized as revenue over the next 12 months	54		%	53		%
Deferred revenue	$	23,264		$	22,164
Unbilled contract revenue	8,275			8,729
Total	$	31,539		$	30,893

Deferred Revenue

Deferred Revenue

	July 30, 2022		July 31, 2021
Product	$	10,427	$	9,416
Service	12,837		12,748
Total	$	23,264	$	22,164
Reported as:
Current	$	12,784	$	12,148
Noncurrent	10,480		10,016
Total	$	23,264	$	22,164

Transition Tax Payable

Our income tax payable associated with the one-time U.S. transition tax on accumulated earnings for foreign subsidiaries as a result of the Tax Act is as follows (in millions):

	July 30, 2022		July 31, 2021
Current	$	727	$	727
Noncurrent	5,456		6,183
Total	$	6,183	$	6,910