2014 Q1 Form 10-Q Financial Statement

#000085887714000009 Filed on February 20, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $11.16B $12.10B
YoY Change -7.79% 4.95%
Cost Of Revenue $5.204B $4.755B
YoY Change 9.44% 6.57%
Gross Profit $5.951B $7.343B
YoY Change -18.96% 3.93%
Gross Profit Margin 53.35% 60.7%
Selling, General & Admin $2.728B $2.971B
YoY Change -8.18% 2.73%
% of Gross Profit 45.84% 40.46%
Research & Development $1.412B $1.452B
YoY Change -2.75% 8.44%
% of Gross Profit 23.73% 19.77%
Depreciation & Amortization $612.0M $620.0M
YoY Change -1.29% 9.93%
% of Gross Profit 10.28% 8.44%
Operating Expenses $4.284B $4.554B
YoY Change -5.93% 5.15%
Operating Profit $1.667B $2.789B
YoY Change -40.23% 2.01%
Interest Expense $136.0M $147.0M
YoY Change -7.48% -2.0%
% of Operating Profit 8.16% 5.27%
Other Income/Expense, Net $88.00M -$9.000M
YoY Change -1077.78% -160.0%
Pretax Income $1.755B $2.780B
YoY Change -36.87% 1.13%
Income Tax $326.0M -$363.0M
% Of Pretax Income 18.58% -13.06%
Net Earnings $1.429B $3.143B
YoY Change -54.53% 44.04%
Net Earnings / Revenue 12.81% 25.98%
Basic Earnings Per Share $0.27 $0.59
Diluted Earnings Per Share $0.27 $0.59
COMMON SHARES
Basic Shares Outstanding 5.294B shares 5.318B shares
Diluted Shares Outstanding 5.327B shares 5.357B shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $47.07B $46.38B
YoY Change 1.49% -0.78%
Cash & Equivalents $5.339B $6.847B
Short-Term Investments $41.73B $39.53B
Other Short-Term Assets $1.263B $2.122B
YoY Change -40.48% -40.11%
Inventory $1.548B $1.574B
Prepaid Expenses
Receivables $4.378B $4.462B
Other Receivables $4.016B $3.894B
Total Short-Term Assets $60.69B $60.73B
YoY Change -0.06% 2.41%
LONG-TERM ASSETS
Property, Plant & Equipment $3.234B $3.403B
YoY Change -4.97% -8.3%
Goodwill $24.09B $21.36B
YoY Change 12.76%
Intangibles $3.693B $3.542B
YoY Change 4.26%
Long-Term Investments $916.0M $869.0M
YoY Change 5.41% 0.58%
Other Assets $3.097B $3.510B
YoY Change -11.77% 23.72%
Total Long-Term Assets $37.74B $35.65B
YoY Change 5.85% 19.0%
TOTAL ASSETS
Total Short-Term Assets $60.69B $60.73B
Total Long-Term Assets $37.74B $35.65B
Total Assets $98.43B $96.38B
YoY Change 2.13% 7.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $891.0M $890.0M
YoY Change 0.11% 12.52%
Accrued Expenses $2.406B $2.921B
YoY Change -17.63% 14.06%
Deferred Revenue
YoY Change
Short-Term Debt $1.010B $0.00
YoY Change
Long-Term Debt Due $3.752B $37.00M
YoY Change 10040.54% -93.88%
Total Short-Term Liabilities $22.94B $17.95B
YoY Change 27.82% 2.0%
LONG-TERM LIABILITIES
Long-Term Debt $12.39B $16.25B
YoY Change -23.8% -0.28%
Other Long-Term Liabilities $1.637B $1.096B
YoY Change 49.36% -82.02%
Total Long-Term Liabilities $14.02B $17.35B
YoY Change -19.18% -22.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.94B $17.95B
Total Long-Term Liabilities $14.02B $17.35B
Total Liabilities $42.34B $40.85B
YoY Change 3.65% 2.1%
SHAREHOLDERS EQUITY
Retained Earnings $13.93B $14.65B
YoY Change -4.91%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $56.07B $55.52B
YoY Change
Total Liabilities & Shareholders Equity $98.43B $96.38B
YoY Change 2.13% 7.98%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $1.429B $3.143B
YoY Change -54.53% 44.04%
Depreciation, Depletion And Amortization $612.0M $620.0M
YoY Change -1.29% 9.93%
Cash From Operating Activities $2.873B $3.349B
YoY Change -14.21% 8.0%
INVESTING ACTIVITIES
Capital Expenditures -$262.0M -$287.0M
YoY Change -8.71% 1.06%
Acquisitions
YoY Change
Other Investing Activities $827.0M -$379.0M
YoY Change -318.21% -127.27%
Cash From Investing Activities $565.0M -$666.0M
YoY Change -184.83% -160.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.353B -609.0M
YoY Change 450.57% 54.96%
NET CHANGE
Cash From Operating Activities 2.873B 3.349B
Cash From Investing Activities 565.0M -666.0M
Cash From Financing Activities -3.353B -609.0M
Net Change In Cash 85.00M 2.074B
YoY Change -95.9% -45.62%
FREE CASH FLOW
Cash From Operating Activities $2.873B $3.349B
Capital Expenditures -$262.0M -$287.0M
Free Cash Flow $3.135B $3.636B
YoY Change -13.78% 7.42%

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CY2014Q1 us-gaap Derivative Liability Fair Value Gross Asset
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us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Recent Accounting Standards or Updates Not Yet Effective </font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2013, the FASB issued an accounting standard update requiring an entity to release into net income the entire amount of a cumulative translation adjustment related to its investment in a foreign entity when as a parent it either sells a part or all of its investment in the foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets within the foreign entity. This accounting standard update will be effective for the Company beginning in the first quarter of fiscal 2015. The Company is currently evaluating the impact of this accounting standard update on its Consolidated Financial Statements. </font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2013, the FASB issued an accounting standard update that provides explicit guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward or a tax credit carryforward exists. Under the new standard update, an unrecognized tax benefit, or a portion of an unrecognized tax benefit, is to be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward or a tax credit carryforward. This accounting standard update will be effective for the Company beginning in the first quarter of fiscal 2015 and applied prospectively with early adoption permitted. The Company is currently evaluating the impact of this accounting standard update on its Consolidated Financial Statements.</font></div></div>
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2014-04-03
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either (i) the higher of the Federal Funds rate plus 0.50%, Bank of America's “prime rate” as announced from time to time, or one-month LIBOR plus 1.00%, or (ii) LIBOR plus a margin that is based on the Company's senior debt credit ratings
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CY2013Q3 us-gaap Other Assets
OtherAssets
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CY2014Q1 us-gaap Other Assets Current
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CY2013Q3 us-gaap Other Assets Current
OtherAssetsCurrent
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CY2014Q1 us-gaap Other Assets Noncurrent
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CY2013Q3 us-gaap Other Assets Noncurrent
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CY2013Q3 us-gaap Other Commitment
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CY2014Q1 us-gaap Other Commitment
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173000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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114000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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60000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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47000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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45000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
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46000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
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122000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
69000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
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47000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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65000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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3000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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CY2013Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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1000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments Of Dividends
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us-gaap Payments Of Dividends
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments To Acquire Available For Sale Securities
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us-gaap Payments To Acquire Available For Sale Securities
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us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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103000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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5000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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CY2013Q3 us-gaap Other Inventory Demo
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us-gaap Payments To Acquire Other Investments
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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CY2014Q1 us-gaap Preferred Stock Shares Authorized
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5000000 shares
CY2013Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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0 shares
CY2013Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q3 us-gaap Preferred Stock Shares Outstanding
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CY2014Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
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CY2014Q1 us-gaap Preferred Stock Value
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
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us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
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us-gaap Proceeds From Sale Of Available For Sale Securities
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us-gaap Proceeds From Sale Of Available For Sale Securities
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2014Q1 us-gaap Product Warranty Accrual
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CY2013Q1 us-gaap Product Warranty Accrual
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CY2012Q3 us-gaap Product Warranty Accrual
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us-gaap Product Warranty Accrual Payments
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us-gaap Product Warranty Accrual Payments
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us-gaap Product Warranty Accrual Warranties Issued
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us-gaap Product Warranty Accrual Warranties Issued
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CY2014Q1 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
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CY2013Q3 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
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CY2013Q3 us-gaap Property Subject To Or Available For Operating Lease Gross
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us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Doubtful Accounts
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CY2014Q1 us-gaap Provision For Loan And Lease Losses
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CY2013Q1 us-gaap Provision For Loan And Lease Losses
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us-gaap Provision For Loan And Lease Losses
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us-gaap Provision For Loan And Lease Losses
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32000000 USD
us-gaap Repayments Of Long Term Debt
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22000000 USD
us-gaap Repayments Of Long Term Debt
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CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
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CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
16215000000 USD
us-gaap Revenues
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23240000000 USD
CY2014Q1 us-gaap Revenues
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CY2013Q1 us-gaap Revenues
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us-gaap Revenues
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CY2013Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
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us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
18734000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
17820000000 USD
CY2013Q1 us-gaap Sales Revenue Net
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us-gaap Sales Revenue Net
SalesRevenueNet
23240000000 USD
us-gaap Sales Revenue Net
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CY2014Q1 us-gaap Sales Revenue Net
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us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
5420000000 USD
CY2014Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
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CY2013Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
2661000000 USD
us-gaap Sales Revenue Services Net
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5240000000 USD
CY2013Q1 us-gaap Selling And Marketing Expense
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us-gaap Selling And Marketing Expense
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us-gaap Selling And Marketing Expense
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CY2014Q1 us-gaap Selling And Marketing Expense
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
135000000 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
228000000 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
218000000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
306000000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
232000000 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
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CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
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CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
24.84
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
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CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
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CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
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CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
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CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
238000000 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
520000000 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
276000000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
24.70
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
24.44
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
22.68
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
17.85
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
18.51
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
268000000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y0M11D
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
11000000 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
13000000 shares
CY2014Q1 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
175000000 USD
CY2013 us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
115000000 shares
us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
22000000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
33000000 shares
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
154000000 shares
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
46000000 USD
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
46000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
652000000 USD
us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
12100000000 USD
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
269000000 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
6020000000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
6020000000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
753000000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
59120000000 USD
CY2013Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
59128000000 USD
CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
56084000000 USD
CY2012Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
51301000000 USD
CY2013Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
55525000000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits
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1900000000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1600000000 USD
CY2014Q1 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
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3946000000 USD
CY2013Q3 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
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4033000000 USD
CY2014Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
33000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
34000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
47000000 shares
CY2013Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
39000000 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5318000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5310000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5336000000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5294000000 shares
csco Additionalunsecuredrevolvingcreditfacilitymaturitydate
Additionalunsecuredrevolvingcreditfacilitymaturitydate
2019-02-17
csco Adjustmentto Share Based Awards Grants For The Period
AdjustmenttoShareBasedAwardsGrantsForThePeriod
1000000 shares
CY2013 csco Adjustmentto Share Based Awards Grants For The Period
AdjustmenttoShareBasedAwardsGrantsForThePeriod
-3000000 shares
CY2014Q1 csco Aggregate Authorized Common Stock Repurchase
AggregateAuthorizedCommonStockRepurchase
97000000000 USD
csco Average Balance Of Securities Lending
AverageBalanceOfSecuritiesLending
900000000 USD
csco Average Balance Of Securities Lending
AverageBalanceOfSecuritiesLending
800000000 USD
csco Average Term Of Lease Arrangements
AverageTermOfLeaseArrangements
P4Y
CY2014Q1 csco Brazilian Authority Claim Of Import Tax Evasion By Importer Interest Portion
BrazilianAuthorityClaimOfImportTaxEvasionByImporterInterestPortion
1100000000 USD
CY2014Q1 csco Brazilian Authority Claim Of Import Tax Evasion By Importer Penalties Portion
BrazilianAuthorityClaimOfImportTaxEvasionByImporterPenaltiesPortion
1600000000 USD
CY2014Q1 csco Brazilian Authority Claim Of Import Tax Evasion By Importer Tax Portion
BrazilianAuthorityClaimOfImportTaxEvasionByImporterTaxPortion
360000000 USD
csco Channel Partner Financing Revolving Short Term Financing Maximum Payment Term Days
ChannelPartnerFinancingRevolvingShortTermFinancingMaximumPaymentTermDays
90 D
csco Channel Partner Financing Revolving Short Term Financing Minimum Payment Term Days
ChannelPartnerFinancingRevolvingShortTermFinancingMinimumPaymentTermDays
60 D
CY2014Q1 csco Channel Partner Financing Subject To Guarantees
ChannelPartnerFinancingSubjectToGuarantees
1300000000 USD
CY2013Q3 csco Channel Partner Financing Subject To Guarantees
ChannelPartnerFinancingSubjectToGuarantees
1400000000 USD
CY2013Q3 csco Class Of Financing Receivable Current
ClassOfFinancingReceivableCurrent
7500000000 USD
CY2014Q1 csco Class Of Financing Receivable Current
ClassOfFinancingReceivableCurrent
7214000000 USD
CY2014Q1 csco Closing Stock Price
ClosingStockPrice
22.20
CY2014Q1 csco Cumulative Stock Repurchased And Retired Shares
CumulativeStockRepurchasedAndRetiredShares
4137000000 shares
CY2013Q3 csco Cumulative Stock Repurchased And Retired Shares
CumulativeStockRepurchasedAndRetiredShares
3868000000 shares
CY2014Q1 csco Cumulative Stock Repurchased And Retired Value
CumulativeStockRepurchasedAndRetiredValue
84926000000 USD
CY2013Q3 csco Cumulative Stock Repurchased And Retired Value
CumulativeStockRepurchasedAndRetiredValue
78906000000 USD
CY2013Q3 csco Cumulative Weighted Average Price Per Share Of Stock Repurchased
CumulativeWeightedAveragePricePerShareOfStockRepurchased
20.40
CY2014Q1 csco Cumulative Weighted Average Price Per Share Of Stock Repurchased
CumulativeWeightedAveragePricePerShareOfStockRepurchased
20.53
CY2013Q3 csco Deferred Revenue Associated With Financing Guarantees
DeferredRevenueAssociatedWithFinancingGuarantees
416000000 USD
CY2014Q1 csco Deferred Revenue Associated With Financing Guarantees
DeferredRevenueAssociatedWithFinancingGuarantees
440000000 USD
csco Depreciation Amortization And Other
DepreciationAmortizationAndOther
1232000000 USD
csco Depreciation Amortization And Other
DepreciationAmortizationAndOther
1203000000 USD
CY2014Q1 csco Derivative Assets Net Amount Shown In Balance Sheet
DerivativeAssetsNetAmountShownInBalanceSheet
164000000 USD
CY2013Q3 csco Derivative Assets Net Amount Shown In Balance Sheet
DerivativeAssetsNetAmountShownInBalanceSheet
182000000 USD
CY2014Q1 csco Derivative Liabilities Net Amount Shown In Balance Sheet
DerivativeLiabilitiesNetAmountShownInBalanceSheet
53000000 USD
CY2013Q3 csco Derivative Liabilities Net Amount Shown In Balance Sheet
DerivativeLiabilitiesNetAmountShownInBalanceSheet
171000000 USD
CY2013Q3 csco Distributor Inventory And Deferred Cost Of Sales
DistributorInventoryAndDeferredCostOfSales
572000000 USD
CY2014Q1 csco Distributor Inventory And Deferred Cost Of Sales
DistributorInventoryAndDeferredCostOfSales
598000000 USD
csco End User Lease And Loan Term Maximum
EndUserLeaseAndLoanTermMaximum
P3Y
csco Fair Value Of Securities Received As Collateral That Can Be Resold Or Repledged Percentage
FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledgedPercentage
1.02
CY2013Q3 csco Financing Credit Loss Allowances And Deferred Revenue
FinancingCreditLossAllowancesAndDeferredRevenue
2453000000 USD
CY2014Q1 csco Financing Credit Loss Allowances And Deferred Revenue
FinancingCreditLossAllowancesAndDeferredRevenue
2039000000 USD
CY2013Q3 csco Financing Receivable Gross
FinancingReceivableGross
8565000000 USD
CY2014Q1 csco Financing Receivable Gross
FinancingReceivableGross
8270000000 USD
CY2014Q1 csco Gross Derivative Assets Eligiblefor Offsetting
GrossDerivativeAssetsEligibleforOffsetting
48000000 USD
CY2013Q3 csco Gross Derivative Assets Eligiblefor Offsetting
GrossDerivativeAssetsEligibleforOffsetting
120000000 USD
CY2014Q1 csco Gross Derivative Liabilities Eligiblefor Offsetting
GrossDerivativeLiabilitiesEligibleforOffsetting
48000000 USD
CY2013Q3 csco Gross Derivative Liabilities Eligiblefor Offsetting
GrossDerivativeLiabilitiesEligibleforOffsetting
120000000 USD
CY2014Q1 csco Hedge Accounting Adjustment Of Carrying Amount Of Notes
HedgeAccountingAdjustmentOfCarryingAmountOfNotes
193000000 USD
CY2013Q3 csco Hedge Accounting Adjustment Of Carrying Amount Of Notes
HedgeAccountingAdjustmentOfCarryingAmountOfNotes
245000000 USD
CY2014Q1 csco In Money Exercisable Stock Option Shares
InMoneyExercisableStockOptionShares
54000000 shares
csco Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
5411000000 USD
CY2013Q1 csco Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
2780000000 USD
csco Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
4295000000 USD
CY2014Q1 csco Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
1755000000 USD
CY2014Q1 csco Land Buildings Building Improvements And Leasehold Improvements
LandBuildingsBuildingImprovementsAndLeaseholdImprovements
4386000000 USD
CY2013Q3 csco Land Buildings Building Improvements And Leasehold Improvements
LandBuildingsBuildingImprovementsAndLeaseholdImprovements
4426000000 USD
CY2014Q1 csco Line Of Credit Facility Available Increase To Current Facility
LineOfCreditFacilityAvailableIncreaseToCurrentFacility
2000000000 USD
csco Line Of Credit Facility Interest Rate Spread Above Federal Funds Rate
LineOfCreditFacilityInterestRateSpreadAboveFederalFundsRate
0.005
CY2014Q1 csco Maximum Potential Future Payments Relating To Financing Guarantees Net Of Deferred Revenue
MaximumPotentialFuturePaymentsRelatingToFinancingGuaranteesNetOfDeferredRevenue
265000000 USD
CY2013Q3 csco Maximum Potential Future Payments Relating To Financing Guarantees Net Of Deferred Revenue
MaximumPotentialFuturePaymentsRelatingToFinancingGuaranteesNetOfDeferredRevenue
259000000 USD
CY2014Q1 csco Number Of Stock Incentive Plans
NumberOfStockIncentivePlans
5 stock_incentive_plan
csco Performancerestrictedstockunitsbasedon Tsr
PerformancerestrictedstockunitsbasedonTSR
0.5
csco Performancerestrictedstockunitsbasedonoperatingperformancegoals
Performancerestrictedstockunitsbasedonoperatingperformancegoals
0.5
csco Proceeds From Investments In Privately Held Companies
ProceedsFromInvestmentsInPrivatelyHeldCompanies
81000000 USD
csco Proceeds From Investments In Privately Held Companies
ProceedsFromInvestmentsInPrivatelyHeldCompanies
68000000 USD
csco Ratingatorhigherwhenreceivablesdeemedimpaired
Ratingatorhigherwhenreceivablesdeemedimpaired
8
CY2013 csco Reductionfromavailableforgrantsharebalanceduetoissuanceofstockawards
Reductionfromavailableforgrantsharebalanceduetoissuanceofstockawards
102000000 shares
csco Reductionfromavailableforgrantsharebalanceduetoissuanceofstockawards
Reductionfromavailableforgrantsharebalanceduetoissuanceofstockawards
80000000 shares
CY2014Q1 csco Research And Development Cost Including Software Development Costs
ResearchAndDevelopmentCostIncludingSoftwareDevelopmentCosts
1412000000 USD
CY2013Q1 csco Research And Development Cost Including Software Development Costs
ResearchAndDevelopmentCostIncludingSoftwareDevelopmentCosts
1452000000 USD
csco Research And Development Cost Including Software Development Costs
ResearchAndDevelopmentCostIncludingSoftwareDevelopmentCosts
3136000000 USD
csco Research And Development Cost Including Software Development Costs
ResearchAndDevelopmentCostIncludingSoftwareDevelopmentCosts
2883000000 USD
csco Restructuring And Other Charges
RestructuringAndOtherCharges
72000000 USD
CY2013Q1 csco Restructuring And Other Charges
RestructuringAndOtherCharges
13000000 USD
csco Restructuring And Other Charges
RestructuringAndOtherCharges
310000000 USD
CY2014Q1 csco Restructuring And Other Charges
RestructuringAndOtherCharges
73000000 USD
CY2014Q1 csco Secured Lending Transactions Outstanding
SecuredLendingTransactionsOutstanding
0 USD
CY2013Q3 csco Secured Lending Transactions Outstanding
SecuredLendingTransactionsOutstanding
0 USD
csco Segment Gross Margin
SegmentGrossMargin
14457000000 USD
csco Segment Gross Margin
SegmentGrossMargin
14984000000 USD
CY2013Q1 csco Segment Gross Margin
SegmentGrossMargin
7542000000 USD
CY2014Q1 csco Segment Gross Margin
SegmentGrossMargin
6840000000 USD
csco Share Based Compensation Arrangement By Share Based Payment Award Options Assumed From Acquisition In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAssumedFromAcquisitionInPeriodWeightedAverageExercisePrice
3.69
CY2013 csco Share Based Compensation Arrangement By Share Based Payment Award Options Assumed From Acquisition In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAssumedFromAcquisitionInPeriodWeightedAverageExercisePrice
0.77
CY2013 csco Share Based Compensation Arrangement By Share Based Payment Award Options Assumed From Acquisitions In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAssumedFromAcquisitionsInPeriod
10000000 shares
csco Share Based Compensation Arrangement By Share Based Payment Award Options Assumed From Acquisitions In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAssumedFromAcquisitionsInPeriod
6000000 shares
csco Stock Repurchased In Settlement Of Employee Tax Withholding Obligations
StockRepurchasedInSettlementOfEmployeeTaxWithholdingObligations
212000000 USD
csco Stock Repurchased In Settlement Of Employee Tax Withholding Obligations
StockRepurchasedInSettlementOfEmployeeTaxWithholdingObligations
309000000 USD
csco Term Of Loan Receivable Arrangement
TermOfLoanReceivableArrangement
P3Y
csco Third Parties Financing Arrangements With Company Guarantee
ThirdPartiesFinancingArrangementsWithCompanyGuarantee
99000000 USD
CY2013Q1 csco Third Parties Financing Arrangements With Company Guarantee
ThirdPartiesFinancingArrangementsWithCompanyGuarantee
55000000 USD
CY2014Q1 csco Third Parties Financing Arrangements With Company Guarantee
ThirdPartiesFinancingArrangementsWithCompanyGuarantee
20000000 USD
csco Third Parties Financing Arrangements With Company Guarantee
ThirdPartiesFinancingArrangementsWithCompanyGuarantee
45000000 USD
CY2014Q1 csco Thresholdforpastduereceivables
Thresholdforpastduereceivables
P31D
CY2013Q3 csco Unbilled Or Current In Greater Than Ninety Days Past Due
UnbilledOrCurrentInGreaterThanNinetyDaysPastDue
406000000 USD
CY2014Q1 csco Unbilled Or Current In Greater Than Ninety Days Past Due
UnbilledOrCurrentInGreaterThanNinetyDaysPastDue
289000000 USD
CY2013Q3 csco Unearned Income
UnearnedIncome
273000000 USD
CY2014Q1 csco Unearned Income
UnearnedIncome
252000000 USD
csco Weighted Average Price Per Share Of Stock Repurchased In Period
WeightedAveragePricePerShareOfStockRepurchasedInPeriod
22.33
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--07-26
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-01-25
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000858877
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
5151281052 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
CISCO SYSTEMS, INC.
dei Trading Symbol
TradingSymbol
CSCO
CY2013Q3 invest Derivative Notional Amount
DerivativeNotionalAmount
12992000000 USD
CY2014Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
11882000000 USD

Files In Submission

Name View Source Status
0000858877-14-000009-index-headers.html Edgar Link pending
0000858877-14-000009-index.html Edgar Link pending
0000858877-14-000009.txt Edgar Link pending
0000858877-14-000009-xbrl.zip Edgar Link pending
csco-20140125.xml Edgar Link completed
csco-20140125.xsd Edgar Link pending
csco-20140125x10qq214.htm Edgar Link pending
csco-20140125_cal.xml Edgar Link unprocessable
csco-20140125_def.xml Edgar Link unprocessable
csco-20140125_lab.xml Edgar Link unprocessable
csco-20140125_pre.xml Edgar Link unprocessable
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