Balance Sheet Details

6 Months Ended

Jan. 25, 2014

Disclosure Balance Sheet Details [Abstract]

Balance Sheet Details

6. Balance Sheet Details

The following tables provide details of selected balance sheet items (in millions):

	January 25, 2014		July 27, 2013
Inventories:
Raw materials	$	81	$	105
Work in process	6		24
Finished goods:
Distributor inventory and deferred cost of sales	598		572
Manufactured finished goods	579		480
Total finished goods	1,177		1,052
Service-related spares	244		256
Demonstration systems	40		39
Total	$	1,548	$	1,476

Property and equipment, net:
Land, buildings, and building and leasehold improvements	$	4,386		$	4,426
Computer equipment and related software	1,429			1,416
Production, engineering, and other equipment	5,826			5,721
Operating lease assets (1)	313			326
Furniture and fixtures	503			497
	12,457			12,386
Less accumulated depreciation and amortization (1)	(9,223		)	(9,064		)
Total	$	3,234		$	3,322

(1)      Accumulated depreciation related to operating lease assets was $194 and $203 as of January 25, 2014 and July 27, 2013, respectively.

Other assets:
Deferred tax assets	$	1,492	$	1,539
Investments in privately held companies	916		833
Other	689		743
Total	$	3,097	$	3,115

Deferred revenue:
Service	$	8,843	$	9,403
Product:
Unrecognized revenue on product shipments and other deferred revenue	3,549		3,340
Cash receipts related to unrecognized revenue from two-tier distributors	852		680
Total product deferred revenue	4,401		4,020
Total	$	13,244	$	13,423
Reported as:
Current	$	9,350	$	9,262
Noncurrent	3,894		4,161
Total	$	13,244	$	13,423