v3.19.1

Derivative Instruments (Tables)

9 Months Ended

Apr. 27, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives Recorded at Fair Value

The fair values of our derivative instruments and the line items on the Consolidated Balance Sheets to which they were recorded are summarized as follows (in millions):

	DERIVATIVE ASSETS										DERIVATIVE LIABILITIES
	Balance Sheet Line Item		April 27, 2019				July 28, 2018				Balance Sheet Line Item		April 27, 2019				July 28, 2018
Derivatives designated as hedging instruments:
Foreign currency derivatives	Other current assets		$	5			$	1			Other current liabilities		$	3			$	—
Interest rate derivatives	Other current assets		—				—				Other current liabilities		7				10
Interest rate derivatives	Other assets		27				—				Other long-term liabilities		4				62
Total			32				1						14				72
Derivatives not designated as hedging instruments:
Foreign currency derivatives	Other current assets		4				1				Other current liabilities		6				2
Total			4				1						6				2
Total			$	36			$	2					$	20			$	74

Gains and Losses on Derivatives Designated as Cash Flow Hedges

The effects of our cash flow and net investment hedging instruments on other comprehensive income (OCI) and the Consolidated Statements of Operations are summarized as follows (in millions):

GAINS (LOSSES) RECOGNIZED IN OCI ON DERIVATIVES FOR THE THREE MONTHS ENDED (EFFECTIVE PORTION)										GAINS (LOSSES) RECLASSIFIED FROM AOCI INTO INCOME FOR THE THREE MONTHS ENDED (EFFECTIVE PORTION)
		April 27, 2019				April 28, 2018				Line Item in Statements of Operations		April 27, 2019				April 28, 2018
Derivatives designated as cash flow hedging instruments:
Foreign currency derivatives		$	12			$	(10	)		Revenue — product		$	(1	)		$	—
										Revenue — service		1				—
										Cost of sales — service		—				7
										Operating expenses		—				21
Total		$	12			$	(10	)				$	—			$	28
Derivatives designated as net investment hedging instruments:
Foreign currency derivatives		$	—			$	7			Other income (loss), net		$	—			$	—

GAINS (LOSSES) RECOGNIZED IN OCI ON DERIVATIVES FOR THE NINE MONTHS ENDED (EFFECTIVE PORTION)										GAINS (LOSSES) RECLASSIFIED FROM AOCI INTO INCOME FOR THE NINE MONTHS ENDED (EFFECTIVE PORTION)
		April 27, 2019				April 28, 2018				Line Item in Statements of Operations		April 27, 2019				April 28, 2018
Derivatives designated as cash flow hedging instruments:
Foreign currency derivatives		$	2			$	28			Revenue — product		$	—			$	—
										Revenue — service		3				—
										Cost of sales — service		(1		)		14
										Operating expenses		(1		)		45
Total		$	2			$	28					$	1			$	59
Derivatives designated as net investment hedging instruments:
Foreign currency derivatives		$	3			$	(10	)		Other income (loss), net		$	—			$	—

Schedule of Derivative Fair Value Hedge Instruments Gain Loss in Statement of Financial Performance

The effect on the Consolidated Statements of Operations of derivative instruments designated as fair value hedges and the underlying hedged items is summarized as follows (in millions):

				GAINS (LOSSES) ON DERIVATIVE INSTRUMENTS FOR THE THREE MONTHS ENDED								GAINS (LOSSES) RELATED TO HEDGED ITEMS FOR THE THREE MONTHS ENDED
Derivatives Designated as Fair Value Hedging Instruments		Line Item in Statements of Operations		April 27, 2019				April 28, 2018				April 27, 2019				April 28, 2018
Interest rate derivatives		Interest expense		$	33			$	(59	)		$	(31	)		$	58
Equity derivatives		Other income (loss), net		—				25				—				(25		)
Total				$	33			$	(34	)		$	(31	)		$	33

				GAINS (LOSSES) ON DERIVATIVE INSTRUMENTS FOR THE NINE MONTHS ENDED								GAINS (LOSSES) RELATED TO HEDGED ITEMS FOR THE NINE MONTHS ENDED
Derivatives Designated as Fair Value Hedging Instruments		Line Item in Statements of Operations		April 27, 2019				April 28, 2018				April 27, 2019				April 28, 2018
Interest rate derivatives		Interest expense		$	88			$	(168	)		$	(83	)		$	167
Equity derivatives		Other income (loss), net		—				(24		)		—				24
Total				$	88			$	(192	)		$	(83	)		$	191

Effect of Derivative Instruments Not Designated as Fair Value Hedges on Consolidated Statement of Operations Summary

The effect on the Consolidated Statements of Operations of derivative instruments not designated as hedges is summarized as follows (in millions):

				GAINS (LOSSES) FOR THE THREE MONTHS ENDED								GAINS (LOSSES) FOR THE NINE MONTHS ENDED
Derivatives Not Designated as Hedging Instruments		Line Item in Statements of Operations		April 27, 2019				April 28, 2018				April 27, 2019				April 28, 2018
Foreign currency derivatives		Other income (loss), net		$	(29	)		$	(53	)		$	(57	)		$	20
Total return swaps—deferred compensation		Operating expenses		42				(26		)		9				28
		Cost of sales — product		2				(1		)		1				—
		Cost of sales — service		2				(1		)		—				1
		Other income (loss), net		(4		)		(3		)		(12		)		(8		)
Equity derivatives		Other income (loss), net		1				(7		)		2				(4		)
Total				$	14			$	(91	)		$	(57	)		$	37

Schedule of Notional Amounts of Derivatives Outstanding

The notional amounts of our outstanding derivatives are summarized as follows (in millions):

	April 27, 2019				July 28, 2018
Derivatives designated as hedging instruments:
Foreign currency derivatives—cash flow hedges	$	623			$	147
Interest rate derivatives	4,500				6,750
Net investment hedging instruments	363				250
Derivatives not designated as hedging instruments:
Foreign currency derivatives	2,760				2,298
Total return swaps—deferred compensation	572				566
Total	$	8,818			$	10,011

Offsetting Assets and Liabilities

Information related to these offsetting arrangements is summarized as follows (in millions):

	April 27, 2019
	GROSS AMOUNTS OFFSET IN THE CONSOLIDATED BALANCE SHEETS												GROSS AMOUNTS NOT OFFSET IN THE CONSOLIDATED BALANCE SHEETS BUT WITH LEGAL RIGHTS TO OFFSET
	Gross Amounts Recognized				Gross Amounts Offset				Net Amounts Presented				Gross Derivative Amounts				Cash Collateral				Net Amount
Derivatives assets	$	36			$	—			$	36			$	(10	)		$	(26	)		$	—
Derivatives liabilities	$	20			$	—			$	20			$	(10	)		$	(5	)		$	5

	July 28, 2018
	GROSS AMOUNTS OFFSET IN THE CONSOLIDATED BALANCE SHEETS												GROSS AMOUNTS NOT OFFSET IN THE CONSOLIDATED BALANCE SHEETS BUT WITH LEGAL RIGHTS TO OFFSET
	Gross Amounts Recognized				Gross Amounts Offset				Net Amounts Presented				Gross Derivative Amounts				Cash Collateral				Net Amount
Derivatives assets	$	2			$	—			$	2			$	(2	)		$	—			$	—
Derivatives liabilities	$	74			$	—			$	74			$	(2	)		$	(53	)		$	19

X

- Definition

Schedule Of Derivative Fair Value Hedge Instruments Gain Loss In Statement Of Financial Performance

+ References

No definition available.

+ Details

Name:	csco_ScheduleOfDerivativeFairValueHedgeInstrumentsGainLossInStatementOfFinancialPerformanceTableTextBlock
Namespace Prefix:	csco_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of derivative and other financial assets that are subject to offsetting, including master netting arrangements.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225877-175312

+ Details

Name:	us-gaap_OffsettingAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4E
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624181-113959

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the notional amounts of outstanding derivative positions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959

+ Details

Name:	us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of derivative instrument not designated or qualifying as hedging instrument.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4CC
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL109998890-113959

+ Details

Name:	us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration