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Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 29, 2023
Jul. 30, 2022
Current assets:    
Cash and cash equivalents $ 10,123 $ 7,079
Investments 16,023 12,188
Accounts receivable, net of allowance of $85 at July 29, 2023 and $83 at July 30, 2022 5,854 6,622
Inventories 3,644 2,568
Financing receivables, net 3,352 3,905
Other current assets 4,352 4,355
Total current assets 43,348 36,717
Property and equipment, net 2,085 1,997
Financing receivables, net 3,483 4,009
Goodwill 38,535 38,304
Purchased intangible assets, net 1,818 2,569
Deferred tax assets 6,576 4,449
Other assets 6,007 5,957
TOTAL ASSETS 101,852 94,002
Current liabilities:    
Short-term debt 1,733 1,099
Accounts payable 2,313 2,281
Income taxes payable 4,235 961
Accrued compensation 3,984 3,316
Deferred revenue 13,908 12,784
Other current liabilities 5,136 5,199
Total current liabilities 31,309 25,640
Long-term debt 6,658 8,416
Income taxes payable 5,756 7,725
Deferred revenue 11,642 10,480
Other long-term liabilities 2,134 1,968
Total liabilities 57,499 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; 4,066 and 4,110 shares issued and outstanding at July 29, 2023 and July 30, 2022, respectively 44,289 42,714
Retained earnings (Accumulated deficit) 1,639 (1,319)
Accumulated other comprehensive loss (1,575) (1,622)
Total equity 44,353 39,773
TOTAL LIABILITIES AND EQUITY $ 101,852 $ 94,002