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Balance Sheet and Other Details (Tables)
9 Months Ended
Apr. 26, 2025
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
April 26,
2025
July 27,
2024
Cash and cash equivalents$8,161 $7,508 
Restricted cash and restricted cash equivalents included in other current assets755 765 
Restricted cash and restricted cash equivalents included in other assets569 
Total$8,918 $8,842 
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
April 26,
2025
July 27,
2024
Cash and cash equivalents$8,161 $7,508 
Restricted cash and restricted cash equivalents included in other current assets755 765 
Restricted cash and restricted cash equivalents included in other assets569 
Total$8,918 $8,842 
Inventories
Inventories
April 26,
2025
July 27,
2024
Raw materials$1,520 $2,039 
Work in process173 83 
Finished goods919 1,027 
Service-related spares214 216 
Demonstration systems
Total$2,832 $3,373 
Property and Equipment, Net
Property and Equipment, Net
April 26,
2025
July 27,
2024
Gross property and equipment:
Land, buildings, and building and leasehold improvements$3,996 $4,247 
Production, engineering, computer and other equipment and related software5,152 5,160 
Operating lease assets50 115 
Furniture, fixtures and other322 351 
Total gross property and equipment9,520 9,873 
Less: accumulated depreciation and amortization
(7,444)(7,783)
Total$2,076 $2,090 
Remaining Performance Obligations
Remaining Performance Obligations (RPO)
April 26,
2025
July 27,
2024
Product$20,752 $20,055 
Services20,915 20,993 
Total$41,667 $41,048 
Short-term RPO$21,066 $20,882 
Long-term RPO20,601 20,166 
Total$41,667 $41,048 
Amount to be recognized as revenue over the next 12 months
51 %51 %
Deferred revenue$27,991 $28,475 
Unbilled contract revenue13,676 12,573 
Total$41,667 $41,048 
Deferred Revenue
Deferred Revenue
April 26,
2025
July 27,
2024
Product$13,170 $13,219 
Services14,821 15,256 
Total$27,991 $28,475 
Reported as:
Current$16,081 $16,249 
Noncurrent11,910 12,226 
Total$27,991 $28,475 
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:
April 26,
2025
July 27,
2024
Current$1,595 $1,819 
Noncurrent— 2,273 
Total$1,595 $4,092