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Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 29, 2022
Jul. 30, 2022
Current assets:    
Cash and cash equivalents $ 7,292 $ 7,079
Investments 12,492 12,188
Accounts receivable, net of allowance of $88 at October 29, 2022 and $83 at July 30, 2022 5,439 6,622
Inventories 2,664 2,568
Financing receivables, net 3,683 3,905
Other current assets 4,571 4,355
Total current assets 36,141 36,717
Property and equipment, net 1,972 1,997
Financing receivables, net 3,618 4,009
Goodwill 38,160 38,304
Purchased intangible assets, net 2,360 2,569
Deferred tax assets 4,891 4,449
Other assets 5,912 5,957
TOTAL ASSETS 93,054 94,002
Current liabilities:    
Short-term debt 1,249 1,099
Accounts payable 2,316 2,281
Income taxes payable 890 961
Accrued compensation 2,907 3,316
Deferred revenue 12,578 12,784
Other current liabilities 4,956 5,199
Total current liabilities 24,896 25,640
Long-term debt 7,629 8,416
Income taxes payable 7,835 7,725
Deferred revenue 10,441 10,480
Other long-term liabilities 1,981 1,968
Total liabilities 52,782 54,229
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; 4,103 and 4,110 shares issued and outstanding at October 29, 2022 and July 30, 2022, respectively 42,984 42,714
Accumulated deficit (594) (1,319)
Accumulated other comprehensive loss (2,118) (1,622)
Total equity 40,272 39,773
TOTAL LIABILITIES AND EQUITY $ 93,054 $ 94,002