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Shareholders' Equity
 3 Months Ended
Oct. 27, 2012
Stockholders' Equity Note [Abstract]  
Shareholders' Equity
Shareholders’ Equity
(a)
Stock Repurchase Program
In September 2001, the Company's Board of Directors authorized a stock repurchase program. As of October 27, 2012, the Company's Board of Directors had authorized an aggregate repurchase of up to $82 billion of common stock under this program, and the remaining authorized repurchase amount was $5.6 billion with no termination date. A summary of the stock repurchase activity under the stock repurchase program, reported based on the trade date, is summarized as follows (in millions, except per-share amounts):
 
Shares
Repurchased
 
Weighted-
Average Price
per Share
 
Amount
Repurchased
Cumulative balance at July 28, 2012
3,740

 
$
20.36

 
$
76,133

Repurchase of common stock under the stock repurchase program
15

 
16.44

 
253

Cumulative balance at October 27, 2012
3,755

 
$
20.34

 
$
76,386


The purchase price for the shares of the Company's stock repurchased is reflected as a reduction to shareholders' equity. The Company is required to allocate the purchase price of the repurchased shares as (i) a reduction to retained earnings and (ii) a reduction of common stock and additional paid-in capital. Issuance of common stock and the tax benefit related to employee stock incentive plans are recorded as an increase to common stock and additional paid-in capital.
(b)
Cash Dividends on Shares of Common Stock
During the three months ended October 27, 2012, the Company paid cash dividends of $0.14 per common share, or $744 million, on the Company's outstanding common stock. During the three months ended October 29, 2011, the Company paid cash dividends of $0.06 per common share, or $322 million, on the Company's outstanding common stock.
On November 15, 2012, the Company's Board of Directors declared a quarterly dividend of $0.14 per common share to be paid on December 19, 2012 to all shareholders of record as of the close of business on November 29, 2012.
Any future dividends will be subject to the approval of the Company's Board of Directors.
(c)
Other Repurchases of Common Stock
For the three months ended October 27, 2012 and October 29, 2011, the Company repurchased approximately 11 million and 9 million shares, or $203 million and $137 million, of common stock, respectively, in settlement of employee tax withholding obligations due upon the vesting of restricted stock or stock units.
(d)
Accumulated Other Comprehensive Income
The components of AOCI, net of tax, and the other comprehensive income (loss), excluding noncontrolling interest, for the three months ended October 27, 2012 and October 29, 2011 are summarized as follows (in millions):
 
Net Unrealized Gains on Investments
 
Net Unrealized Gains (Losses) Cash Flow Hedging Instruments
 
Cumulative Translation Adjustment and Other
 
Accumulated Other Comprehensive Income
BALANCE AT JULY 28, 2012
$
409

 
$
(53
)
 
$
305

 
$
661

Other comprehensive income (loss) attributable to Cisco Systems, Inc.
(13
)
 
71

 
114

 
172

BALANCE AT OCTOBER 27, 2012
$
396

 
$
18

 
$
419

 
$
833

 
 
 
 
 
 
 
 
 
Net Unrealized Gains on Investments
 
Net Unrealized Gains (Losses) Cash Flow Hedging Instruments
 
Cumulative Translation Adjustment and Other
 
Accumulated Other Comprehensive Income
BALANCE AT JULY 30, 2011
$
487

 
$
6

 
$
801

 
$
1,294

Other comprehensive loss attributable to Cisco Systems, Inc.
(52
)
 
(50
)
 
(211
)
 
(313
)
BALANCE AT OCTOBER 29, 2011
$
435

 
$
(44
)
 
$
590

 
$
981