Consolidated Balance Sheets - USD ($) $ in Millions	Apr. 29, 2023	Jul. 30, 2022
Current assets:
Cash and cash equivalents	$ 8,044	$ 7,079
Investments	15,244	12,188
Accounts receivable, net of allowance of $83 as of each of April 29, 2023 and July 30, 2022	5,104	6,622
Inventories	3,474	2,568
Financing receivables, net	3,402	3,905
Other current assets	4,682	4,355
Total current assets	39,950	36,717
Property and equipment, net	2,047	1,997
Financing receivables, net	3,393	4,009
Goodwill	38,369	38,304
Purchased intangible assets, net	1,966	2,569
Deferred tax assets	5,817	4,449
Other assets	5,987	5,957
TOTAL ASSETS	97,529	94,002
Current liabilities:
Short-term debt	1,731	1,099
Accounts payable	2,442	2,281
Income taxes payable	3,132	961
Accrued compensation	3,352	3,316
Deferred revenue	13,249	12,784
Other current liabilities	4,813	5,199
Total current liabilities	28,719	25,640
Long-term debt	6,663	8,416
Income taxes payable	6,725	7,725
Deferred revenue	11,011	10,480
Other long-term liabilities	2,116	1,968
Total liabilities	55,234	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; 4,075 and 4,110 shares issued and outstanding at April 29, 2023 and July 30, 2022, respectively	43,639	42,714
Retained earnings (Accumulated deficit)	262	(1,319)
Accumulated other comprehensive loss	(1,606)	(1,622)
Total equity	42,295	39,773
TOTAL LIABILITIES AND EQUITY	$ 97,529	$ 94,002