| Balance Sheet Details |
The following tables provide details of selected balance sheet items (in millions): | | | | | | | | | | | | October 26,
2013 | | July 27,
2013 | Inventories: | | | | | Raw materials | | $ | 80 |
| | $ | 105 |
| Work in process | | 7 |
| | 24 |
| Finished goods: | | | | | Distributor inventory and deferred cost of sales | | 619 |
| | 572 |
| Manufactured finished goods | | 464 |
| | 480 |
| Total finished goods | | 1,083 |
| | 1,052 |
| Service-related spares | | 257 |
| | 256 |
| Demonstration systems | | 39 |
| | 39 |
| Total | | $ | 1,466 |
| | $ | 1,476 |
|
| | | | | | | | | | Property and equipment, net: | | | | | Land, buildings, and building and leasehold improvements | | $ | 4,340 |
| | $ | 4,426 |
| Computer equipment and related software | | 1,428 |
| | 1,416 |
| Production, engineering, and other equipment | | 5,767 |
| | 5,721 |
| Operating lease assets (1) | | 326 |
| | 326 |
| Furniture and fixtures | | 498 |
| | 497 |
| | | 12,359 |
| | 12,386 |
| Less accumulated depreciation and amortization (1) | | (9,086 | ) | | (9,064 | ) | Total | | $ | 3,273 |
| | $ | 3,322 |
| | | | | | (1) Accumulated depreciation related to operating lease assets was $207 and $203 as of October 26, 2013 and July 27, 2013, respectively. |
| | | | | | | | | | Other assets: | | | | | Deferred tax assets | | $ | 1,496 |
| | $ | 1,539 |
| Investments in privately held companies | | 884 |
| | 833 |
| Other | | 760 |
| | 743 |
| Total | | $ | 3,140 |
| | $ | 3,115 |
|
| | | | | | | | | | Deferred revenue: | | | | | Service | | $ | 8,896 |
| | $ | 9,403 |
| Product: | | | | | Unrecognized revenue on product shipments and other deferred revenue | | 3,628 |
| | 3,340 |
| Cash receipts related to unrecognized revenue from two-tier distributors | | 683 |
| | 680 |
| Total product deferred revenue | | 4,311 |
| | 4,020 |
| Total | | $ | 13,207 |
| | $ | 13,423 |
| Reported as: | | | | | Current | | $ | 9,212 |
| | $ | 9,262 |
| Noncurrent | | 3,995 |
| | 4,161 |
| Total | | $ | 13,207 |
| | $ | 13,423 |
|
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