July 27, 2013 | July 28, 2012 | |||||||
Inventories: | ||||||||
Raw materials | $ | 105 | $ | 127 | ||||
Work in process | 24 | 35 | ||||||
Finished goods: | ||||||||
Distributor inventory and deferred cost of sales | 572 | 630 | ||||||
Manufactured finished goods | 480 | 597 | ||||||
Total finished goods | 1,052 | 1,227 | ||||||
Service-related spares | 256 | 213 | ||||||
Demonstration systems | 39 | 61 | ||||||
Total | $ | 1,476 | $ | 1,663 | ||||
Property and equipment, net: | ||||||||
Land, buildings, and building and leasehold improvements | $ | 4,426 | $ | 4,363 | ||||
Computer equipment and related software | 1,416 | 1,469 | ||||||
Production, engineering, and other equipment | 5,721 | 5,364 | ||||||
Operating lease assets (1) | 326 | 300 | ||||||
Furniture and fixtures | 497 | 487 | ||||||
12,386 | 11,983 | |||||||
Less accumulated depreciation and amortization (1) | (9,064 | ) | (8,581 | ) | ||||
Total | $ | 3,322 | $ | 3,402 | ||||
(1) Accumulated depreciation related to operating lease assets was $203 and $181 as of July 27, 2013 and July 28, 2012, respectively. | ||||||||
Other assets: | ||||||||
Deferred tax assets | $ | 1,539 | $ | 2,270 | ||||
Investments in privately held companies | 833 | 858 | ||||||
Other | 743 | 754 | ||||||
Total | $ | 3,115 | $ | 3,882 | ||||
Deferred revenue: | ||||||||
Service | $ | 9,403 | $ | 9,173 | ||||
Product: | ||||||||
Unrecognized revenue on product shipments and other deferred revenue | 3,340 | 2,975 | ||||||
Cash receipts related to unrecognized revenue from two-tier distributors | 680 | 732 | ||||||
Total product deferred revenue | 4,020 | 3,707 | ||||||
Total | $ | 13,423 | $ | 12,880 | ||||
Reported as: | ||||||||
Current | $ | 9,262 | $ | 8,852 | ||||
Noncurrent | 4,161 | 4,028 | ||||||
Total | $ | 13,423 | $ | 12,880 | ||||