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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jan. 28, 2023
Jan. 29, 2022
Jan. 28, 2023
Jan. 29, 2022
REVENUE:        
Total revenue $ 13,592 $ 12,720 $ 27,224 $ 25,620
COST OF SALES:        
Total cost of sales 5,165 4,671 10,451 9,518
GROSS MARGIN 8,427 8,049 16,773 16,102
OPERATING EXPENSES:        
Research and development 1,855 1,670 3,636 3,384
Sales and marketing 2,384 2,266 4,775 4,527
General and administrative 582 544 1,147 1,095
Amortization of purchased intangible assets 71 79 142 163
Restructuring and other charges 243 3 241 8
Total operating expenses 5,135 4,562 9,941 9,177
OPERATING INCOME 3,292 3,487 6,832 6,925
Interest income 219 111 388 232
Interest expense (107) (88) (207) (177)
Other income (loss), net 11 93 (123) 280
Interest and other income (loss), net 123 116 58 335
INCOME BEFORE PROVISION FOR INCOME TAXES 3,415 3,603 6,890 7,260
Provision for income taxes 642 630 1,447 1,307
NET INCOME $ 2,773 $ 2,973 $ 5,443 $ 5,953
Net income per share:        
Basic (in dollars per share) $ 0.68 $ 0.71 $ 1.33 $ 1.42
Diluted (in dollars per share) $ 0.67 $ 0.71 $ 1.32 $ 1.41
Shares used in per-share calculation:        
Basic (in shares) 4,103 4,183 4,105 4,201
Diluted (in shares) 4,116 4,205 4,115 4,222
Product        
REVENUE:        
Total revenue $ 10,155 $ 9,353 $ 20,400 $ 18,882
COST OF SALES:        
Total cost of sales 4,038 3,569 8,217 7,242
Service        
REVENUE:        
Total revenue 3,437 3,367 6,824 6,738
COST OF SALES:        
Total cost of sales $ 1,127 $ 1,102 $ 2,234 $ 2,276