Segment Information and Major Customers (Tables)

9 Months Ended

Apr. 29, 2023

Segment Reporting [Abstract]

Reportable Segments

Summarized financial information by segment for the third quarter and first nine months of fiscal 2023 and 2022, based on our internal management system and as utilized by our Chief Operating Decision Maker (“CODM”), is as follows (in millions):

	Three Months Ended				Nine Months Ended
	April 29, 2023		April 30, 2022		April 29, 2023		April 30, 2022
Revenue:
Americas	$	8,634	$	7,638	$	24,372	$	22,344
EMEA	3,806		3,271		11,209		10,138
APJC	2,131		1,926		6,214		5,972
Total	$	14,571	$	12,835	$	41,795	$	38,455
Gross margin:
Americas	$	5,545	$	4,952	$	15,449	$	14,438
EMEA	2,536		2,154		7,330		6,664
APJC	1,415		1,279		3,986		3,934
Segment total	9,495		8,386		26,764		25,035
Unallocated corporate items	(263)		(265)		(759)		(812)
Total	$	9,232	$	8,121	$	26,005	$	24,223

Net Sales for Groups of Similar Products and Services

The following table presents this disaggregation of revenue (in millions):

	Three Months Ended				Nine Months Ended
	April 29, 2023		April 30, 2022		April 29, 2023		April 30, 2022
Product revenue:
Secure, Agile Networks	$	7,550	$	5,870	$	20,980	$	17,737
Internet for the Future	1,392		1,324		4,007		4,019
Collaboration	985		1,132		3,029		3,308
End-to-End Security	958		938		2,872		2,716
Optimized Application Experiences	204		183		597		544
Other Products	3		2		7		7
Total Product	11,092		9,448		31,492		28,330
Services	3,479		3,387		10,303		10,125
Total	$	14,571	$	12,835	$	41,795	$	38,455

The following table presents revenue for groups of similar products and services (in millions):

	Three Months Ended				Nine Months Ended
	April 29, 2023		April 30, 2022		April 29, 2023		April 30, 2022
Revenue:
Secure, Agile Networks	$	7,550	$	5,870	$	20,980	$	17,737
Internet for the Future	1,392		1,324		4,007		4,019
Collaboration	985		1,132		3,029		3,308
End-to-End Security	958		938		2,872		2,716
Optimized Application Experiences	204		183		597		544
Other Products	3		2		7		7
Total Product	11,092		9,448		31,492		28,330
Services	3,479		3,387		10,303		10,125
Total	$	14,571	$	12,835	$	41,795	$	38,455