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Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 29, 2017
Jul. 30, 2016
Jul. 25, 2015
REVENUE:      
Product $ 35,705 $ 37,254 $ 37,750
Service 12,300 11,993 11,411
Total revenue 48,005 49,247 49,161
COST OF SALES:      
Product 13,699 14,161 15,377
Service 4,082 4,126 4,103
Total cost of sales 17,781 18,287 19,480
GROSS MARGIN 30,224 30,960 29,681
OPERATING EXPENSES:      
Research and development 6,059 6,296 6,207
Sales and marketing 9,184 9,619 9,821
General and administrative 1,993 1,814 2,040
Amortization of purchased intangible assets 259 303 359
Restructuring and other charges 756 268 484
Total operating expenses 18,251 18,300 18,911
OPERATING INCOME 11,973 12,660 10,770
Interest income 1,338 1,005 769
Interest expense (861) (676) (566)
Other income (loss), net (163) (69) 228
Interest and other income (loss), net 314 260 431
INCOME BEFORE PROVISION FOR INCOME TAXES 12,287 12,920 11,201
Provision for income taxes 2,678 2,181 2,220
NET INCOME $ 9,609 $ 10,739 $ 8,981
Net income per share:      
Basic (in dollars per share) $ 1.92 $ 2.13 $ 1.76
Diluted (in dollars per share) $ 1.90 $ 2.11 $ 1.75
Shares used in per-share calculation:      
Basic (in shares) 5,010 5,053 5,104
Diluted (in shares) 5,049 5,088 5,146
Cash dividends declared per common share (in dollars per share) $ 1.1 $ 0.94 $ 0.80