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Balance Sheet and Other Details | 3 Months Ended
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Oct. 26, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Balance Sheet and Other Details | Balance Sheet and Other Details The following tables provide details of selected balance sheet and other items (in millions, except percentages): Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|  | October 26, 2024 |  | July 27, 2024
Cash and cash equivalents |  | $ | 9,065 |  |  | $ | 7,508 |
Restricted cash and restricted cash equivalents included in other current assets |  | 763 |  |  | 765 |
Restricted cash and restricted cash equivalents included in other assets |  | 380 |  |  | 569 |
Total |  | $ | 10,208 |  |  | $ | 8,842 |
Our restricted cash and restricted cash equivalents are funds primarily related to contractual obligations with suppliers. Inventories
|  | October 26, 2024 |  | July 27, 2024
Raw materials |  | $ | 1,885 |  |  | $ | 2,039 |
Work in process |  | 100 |  |  | 83 |
Finished goods |  | 945 |  |  | 1,027 |
Service-related spares |  | 207 |  |  | 216 |
Demonstration systems |  | 6 |  |  | 8 |
Total |  | $ | 3,143 |  |  | $ | 3,373 |
Property and Equipment, Net
|  | October 26, 2024 |  | July 27, 2024
Gross property and equipment: |  |  |  |
Land, buildings, and building and leasehold improvements |  | $ | 4,267 |  |  | $ | 4,247 |
Production, engineering, computer and other equipment and related software |  | 5,135 |  |  | 5,160 |
Operating lease assets |  | 88 |  |  | 115 |
Furniture, fixtures and other |  | 356 |  |  | 351 |
Total gross property and equipment |  | 9,846 |  |  | 9,873 |
Less: accumulated depreciation and amortization |  | (7,764) |  |  | (7,783) |
Total |  | $ | 2,082 |  |  | $ | 2,090 |
Remaining Performance Obligations (RPO)
|  | October 26, 2024 |  | July 27, 2024
Product |  | $ | 19,882 |  |  | $ | 20,055 |
Services |  | 20,108 |  |  | 20,993 |
Total |  | $ | 39,990 |  |  | $ | 41,048 |
Short-term RPO |  | $ | 20,310 |  |  | $ | 20,882 |
Long-term RPO |  | 19,680 |  |  | 20,166 |
Total |  | $ | 39,990 |  |  | $ | 41,048 |
Amount to be recognized as revenue over the next 12 months |  | 51 | % |  | 51 | %
Deferred revenue |  | $ | 27,502 |  |  | $ | 28,475 |
Unbilled contract revenue |  | 12,488 |  |  | 12,573 |
Total |  | $ | 39,990 |  |  | $ | 41,048 |
Unbilled contract revenue represents noncancelable contracts for which we have not invoiced, have an obligation to perform, and revenue has not yet been recognized in the financial statements. Deferred Revenue
|  | October 26, 2024 |  | July 27, 2024
Product |  | $ | 12,941 |  |  | $ | 13,219 |
Services |  | 14,561 |  |  | 15,256 |
Total |  | $ | 27,502 |  |  | $ | 28,475 |
Reported as: |  |  |  |
Current |  | $ | 15,615 |  |  | $ | 16,249 |
Noncurrent |  | 11,887 |  |  | 12,226 |
Total |  | $ | 27,502 |  |  | $ | 28,475 |
Transition Tax Payable Our income tax payable associated with the one-time U.S. transition tax on accumulated earnings for foreign subsidiaries as a result of the Tax Cuts and Jobs Act is as follows (in millions):
|  | October 26, 2024 |  | July 27, 2024
Current |  | $ | 1,819 |  |  | $ | 1,819 |
Noncurrent |  | 1,595 |  |  | 2,273 |
Total |  | $ | 3,414 |  |  | $ | 4,092 |
Our noncurrent transition tax payable has been reduced to reflect the transition tax benefit of the U.S. Tax Court opinion in Varian Medical Systems, Inc. v. Commissioner. See Note 18.

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/210/tableOfContent + Details
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