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Balance Sheet and Other Details (Tables)
6 Months Ended
Jan. 28, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
The following tables provide details of selected balance sheet and other items (in millions, except percentages):
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
January 28,
2023
July 30,
2022
Cash and cash equivalents$9,009 $7,079 
Restricted cash and restricted cash equivalents included in other assets1,500 1,500 
Total$10,509 $8,579 
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
The following tables provide details of selected balance sheet and other items (in millions, except percentages):
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
January 28,
2023
July 30,
2022
Cash and cash equivalents$9,009 $7,079 
Restricted cash and restricted cash equivalents included in other assets1,500 1,500 
Total$10,509 $8,579 
Inventories
Inventories
January 28,
2023
July 30,
2022
Raw materials$1,496 $1,601 
Work in process230 150 
Finished goods:
Deferred cost of sales70 86 
Manufactured finished goods1,222 631 
Total finished goods1,292 717 
Service-related spares109 90 
Demonstration systems13 10 
Total$3,140 $2,568 
Property and Equipment, Net
Property and Equipment, Net
January 28,
2023
July 30,
2022
Gross property and equipment:
Land, buildings, and building and leasehold improvements$4,263 $4,219 
Computer equipment and related software749 779 
Production, engineering, and other equipment4,591 4,647 
Operating lease assets149 185 
Furniture, fixtures and other340 335 
Total gross property and equipment10,092 10,165 
Less: accumulated depreciation and amortization
(8,128)(8,168)
Total$1,964 $1,997 
Remaining Performance Obligations
Remaining Performance Obligations (RPO)
January 28,
2023
July 30,
2022
Product$14,517 $14,090 
Service17,255 17,449 
Total$31,772 $31,539 
Short-term RPO$16,865 $16,936 
Long-term RPO14,907 14,603 
Total$31,772 $31,539 
Amount to be recognized as revenue over the next 12 months
53 %54 %
Deferred revenue$23,927 $23,264 
Unbilled contract revenue7,845 8,275 
Total$31,772 $31,539 
Deferred Revenue
Deferred Revenue
January 28,
2023
July 30,
2022
Product$10,679 $10,427 
Service13,248 12,837 
Total$23,927 $23,264 
Reported as:
Current$13,109 $12,784 
Noncurrent10,818 10,480 
Total$23,927 $23,264 
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 Cuts and Jobs Act is as follows (in millions):
January 28,
2023
July 30,
2022
Current$1,364 $727 
Noncurrent4,092 5,456 
Total$5,456 $6,183