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Balance Sheet and Other Details (Tables)
3 Months Ended
Oct. 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
October 28,
2023
July 29,
2023
Cash and cash equivalents$9,602 $10,123 
Restricted cash and restricted cash equivalents included in other current assets378 191 
Restricted cash and restricted cash equivalents included in other assets1,125 1,313 
Total$11,105 $11,627 
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
October 28,
2023
July 29,
2023
Cash and cash equivalents$9,602 $10,123 
Restricted cash and restricted cash equivalents included in other current assets378 191 
Restricted cash and restricted cash equivalents included in other assets1,125 1,313 
Total$11,105 $11,627 
Inventories
Inventories
October 28,
2023
July 29,
2023
Raw materials$1,854 $1,685 
Work in process194 264 
Finished goods1,093 1,493 
Service-related spares188 186 
Demonstration systems13 16 
Total$3,342 $3,644 
Property and Equipment, Net
Property and Equipment, Net
October 28,
2023
July 29,
2023
Gross property and equipment:
Land, buildings, and building and leasehold improvements$4,194 $4,229 
Computer equipment and related software682 744 
Production, engineering, and other equipment4,465 4,611 
Operating lease assets123 135 
Furniture, fixtures and other338 339 
Total gross property and equipment9,802 10,058 
Less: accumulated depreciation and amortization
(7,798)(7,973)
Total$2,004 $2,085 
Remaining Performance Obligations
Remaining Performance Obligations (RPO)
October 28,
2023
July 29,
2023
Product$16,011 $15,802 
Service18,742 19,066 
Total$34,753 $34,868 
Short-term RPO$17,617 $17,910 
Long-term RPO17,136 16,958 
Total$34,753 $34,868 
Amount to be recognized as revenue over the next 12 months
51 %51 %
Deferred revenue$25,659 $25,550 
Unbilled contract revenue9,094 9,318 
Total$34,753 $34,868 
Deferred Revenue
Deferred Revenue
October 28,
2023
July 29,
2023
Product$11,689 $11,505 
Service13,970 14,045 
Total$25,659 $25,550 
Reported as:
Current$13,812 $13,908 
Noncurrent11,847 11,642 
Total$25,659 $25,550 
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):
October 28,
2023
July 29,
2023
Current$1,364 $1,364 
Noncurrent4,092 4,092 
Total$5,456 $5,456