v3.19.1
Comprehensive Income (Loss) (Tables)
 9 Months Ended
Apr. 27, 2019
Comprehensive Income [Abstract]  
Components of AOCI, Net of Tax
The components of AOCI, net of tax, and the other comprehensive income (loss), excluding noncontrolling interest, for the first nine months of fiscal 2019 and 2018 are summarized as follows (in millions):
 
Net Unrealized Gains (Losses) on Available-for-Sale Investments
 
Net Unrealized Gains (Losses) Cash Flow Hedging Instruments
 
Cumulative Translation Adjustment and Actuarial Gains (Losses)
 
Accumulated Other Comprehensive Income (Loss)
BALANCE AT JULY 28, 2018
$
(310
)
 
$
(11
)
 
$
(528
)
 
$
(849
)
Other comprehensive income (loss) before reclassifications attributable to Cisco Systems, Inc.
382

 
3

 
(224
)
 
161

(Gains) losses reclassified out of AOCI
18

 
(1
)
 
4

 
21

Tax benefit (expense)
(59
)
 
—

 
(2
)
 
(61
)
Total change for the period
341

 
2

 
(222
)
 
121

Effect of adoption of accounting standards
(168
)
 
—

 
—

 
(168
)
BALANCE AT APRIL 27, 2019
$
(137
)
 
$
(9
)
 
$
(750
)
 
$
(896
)
 
Net Unrealized Gains (Losses) on Available-for-Sale Investments
 
Net Unrealized Gains (Losses) Cash Flow Hedging Instruments
 
Cumulative Translation Adjustment and Actuarial Gains (Losses)
 
Accumulated Other Comprehensive Income (Loss)
BALANCE AT JULY 29, 2017
$
373

 
$
32

 
$
(359
)
 
$
46

Other comprehensive income (loss) before reclassifications attributable to Cisco Systems, Inc.
(620
)
 
28

 
34

 
(558
)
(Gains) losses reclassified out of AOCI
(108
)
 
(59
)
 
5

 
(162
)
Tax benefit (expense)
24

 
4

 
(3
)
 
25

Total change for the period
(704
)
 
(27
)
 
36

 
(695
)
Effect of adoption of accounting standard
54

 
—

 
(9
)
 
45

BALANCE AT APRIL 28, 2018
$
(277
)
 
$
5


$
(332
)
 
$
(604
)
Reclassification out of Accumulated Other Comprehensive Income
The net gains (losses) reclassified out of AOCI into the Consolidated Statements of Operations, with line item location, during each period were as follows (in millions):
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
 
April 27,
2019
 
April 28,
2018
 
April 27,
2019
 
April 28,
2018
 
 
Comprehensive Income Components
 
Income Before Taxes
 
Income Before Taxes
 
Line Item in Statements of Operations
Net unrealized gains and losses on available-for-sale investments
 
$
(7
)
 
$
17

 
$
(18
)
 
$
108

 
Other income (loss), net
Net unrealized gains and losses on cash flow hedging instruments
 
 
 
 
 
 
 
 
 
 
Foreign currency derivatives
 
(1
)
 
—

 
—

 
—

 
Revenue—product
Foreign currency derivatives
 
1

 
—

 
3

 
—

 
Revenue—service
Foreign currency derivatives
 
—

 
7

 
(1
)
 
14

 
Cost of sales—service
Foreign currency derivatives
 
—

 
21

 
(1
)
 
45

 
Operating expenses
 
 
—


28

 
1

 
59

 
 
Cumulative translation adjustment and actuarial gains and losses
 
—

 
—

 
—

 
(5
)
 
Operating expenses
Cumulative translation adjustment and actuarial gains and losses
 
(1
)
 
—

 
(4
)
 
—

 
Other income (loss), net
Total amounts reclassified out of AOCI
 
$
(8
)

$
45

 
$
(21
)
 
$
162