Balance Sheet Details

6 Months Ended

Jan. 23, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Balance Sheet Details

6. Balance Sheet Details

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

	January 23, 2016		July 25, 2015
Inventories:
Raw materials	$	99	$	114
Work in process	1		2
Finished goods:
Distributor inventory and deferred cost of sales	564		610
Manufactured finished goods	446		593
Total finished goods	1,010		1,203
Service-related spares	224		258
Demonstration systems	28		50
Total	$	1,362	$	1,627

Property and equipment, net:
Gross property and equipment:
Land, buildings, and building and leasehold improvements	$	4,573		$	4,495
Computer equipment and related software	1,344			1,310
Production, engineering, and other equipment	5,640			5,753
Operating lease assets	324			372
Furniture and fixtures	501			497
Total gross property and equipment	12,382			12,427
Less: accumulated depreciation and amortization	(8,996		)	(9,095		)
Total	$	3,386		$	3,332

Other assets:
Deferred tax assets	$	1,371	$	1,648
Investments in privately held companies	964		897
Other	733		618
Total	$	3,068	$	3,163

Deferred revenue:
Service	$	9,657	$	9,757
Product:
Unrecognized revenue on product shipments and other deferred revenue	4,974		4,766
Cash receipts related to unrecognized revenue from two-tier distributors	554		660
Total product deferred revenue	5,528		5,426
Total	$	15,185	$	15,183
Reported as:
Current	$	9,796	$	9,824
Noncurrent	5,389		5,359
Total	$	15,185	$	15,183