Consolidated Balance Sheets - USD ($) $ in Millions	Oct. 26, 2024	Jul. 27, 2024
Current assets:
Cash and cash equivalents	$ 9,065	$ 7,508
Investments	9,606	10,346
Accounts receivable, net of allowance of $78 at October 26, 2024 and $87 at July 27, 2024	4,457	6,685
Inventories	3,143	3,373
Financing receivables, net	3,123	3,338
Other current assets	6,358	5,612
Total current assets	35,752	36,862
Property and equipment, net	2,082	2,090
Financing receivables, net	3,411	3,376
Goodwill	58,774	58,660
Purchased intangible assets, net	10,744	11,219
Deferred tax assets	6,514	6,262
Other assets	6,056	5,944
TOTAL ASSETS	123,333	124,413
Current liabilities:
Short-term debt	12,364	11,341
Accounts payable	1,996	2,304
Income taxes payable	2,096	1,439
Accrued compensation	2,861	3,608
Deferred revenue	15,615	16,249
Other current liabilities	5,610	5,643
Total current liabilities	40,542	40,584
Long-term debt	19,623	19,621
Income taxes payable	3,367	3,985
Deferred revenue	11,887	12,226
Other long-term liabilities	2,637	2,540
Total liabilities	78,056	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; 3,974 and 4,007 shares issued and outstanding at October 26, 2024 and July 27, 2024, respectively	45,991	45,800
Retained earnings	662	1,087
Accumulated other comprehensive loss	(1,376)	(1,430)
Total equity	45,277	45,457
TOTAL LIABILITIES AND EQUITY	$ 123,333	$ 124,413