CISCO SYSTEMS, INC. (CSCO) FY 2018 Income Statement

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CISCO SYSTEMS, INC.
Ticker: CSCO Fiscal Year: 2018
Consolidated Statements of Operations
Period Ending July 28, 2018 10-K (Filed: Sept 6, 2018)
(In Millions)
	12 Months Ended	12 Months Ended	12 Months Ended
	July 28, 2018	July 29, 2017	July 30, 2016
REVENUE:
Revenue	$ 49,330	48,005	49,247
COST OF SALES:
Total cost of sales	18,724	17,781	18,287
GROSS MARGIN	30,606	30,224	30,960

OPERATING EXPENSES:
Research and development	6,332	6,059	6,296
Sales and marketing	9,242	9,184	9,619
General and administrative	2,144	1,993	1,814
Amortization of purchased intangible assets	221	259	303
Restructuring and other charges	358	756	268
Total operating expenses	18,297	18,251	18,300

OPERATING INCOME	12,309	11,973	12,660

Interest income	1,508	1,338	1,005
Interest expense	(943)	(861)	(676)
Other income (loss), net	165	(163)	(69)
Interest and other income (loss), net	730	314	260

INCOME BEFORE PROVISION FOR INCOME TAXES	13,039	12,287	12,920
Provision for income taxes	12,929	2,678	2,181
NET INCOME	110	9,609	10,739

Net income per share:
Basic (in dollars per share)	0.02	1.92	2.13
Diluted (in dollars per share)	0.02	1.90	2.11
Shares used in per-share calculation:
Basic (in shares)	4,837	5,010	5,053
Diluted (in shares)	4,881	5,049	5,088
Cash dividends declared per common share (in dollars per share)	1.24	1.10	0.94
Product and Service
Product
Revenue	36,709	35,705	37,254
Total cost of sales	14,427	13,699	14,161
Service
Revenue	12,621	12,300	11,993
Total cost of sales	4,297	4,082	4,126

External Links
CISCO SYSTEMS, INC. (CSCO) Fiscal Year 2018
Statements of 10-K in Excel	https://www.sec.gov/.../Financial.xlxs
Complete 10-K in HTML	https://www.sec.gov/.../10-K.html
Complete 10-K in XBRL	https://www.sec.gov/.../10-K-xbrl.zip

CISCO SYSTEMS, INC.