Consolidated Balance Sheets - USD ($) $ in Millions	Jan. 25, 2025	Jul. 27, 2024
Current assets:
Cash and cash equivalents	$ 8,556	$ 7,508
Investments	8,297	10,346
Accounts receivable, net of allowance of $80 at January 25, 2025 and $87 at July 27, 2024	5,669	6,685
Inventories	2,927	3,373
Financing receivables, net	3,074	3,338
Other current assets	6,158	5,612
Total current assets	34,681	36,862
Property and equipment, net	1,992	2,090
Financing receivables, net	3,240	3,376
Goodwill	58,719	58,660
Purchased intangible assets, net	10,139	11,219
Deferred tax assets	6,591	6,262
Other assets	6,013	5,944
TOTAL ASSETS	121,375	124,413
Current liabilities:
Short-term debt	11,413	11,341
Accounts payable	1,902	2,304
Income taxes payable	1,884	1,439
Accrued compensation	3,299	3,608
Deferred revenue	15,999	16,249
Other current liabilities	5,522	5,643
Total current liabilities	40,019	40,584
Long-term debt	19,625	19,621
Income taxes payable	1,756	3,985
Deferred revenue	11,796	12,226
Other long-term liabilities	2,649	2,540
Total liabilities	75,845	78,956
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; 3,977 and 4,007 shares issued and outstanding at January 25, 2025 and July 27, 2024, respectively	46,521	45,800
Retained earnings	502	1,087
Accumulated other comprehensive loss	(1,493)	(1,430)
Total equity	45,530	45,457
TOTAL LIABILITIES AND EQUITY	$ 121,375	$ 124,413