Property, Plant and Equipment Disclosure
Asset Age Ratios (Summary)
Average Age
Estimated Total Useful Life
Estimated Age, Time Elapsed Since Purchase
Estimated Remaining Life

Cisco Systems Inc., balance sheet: property, plant and equipment

US$ in millions

	Jul 27, 2024	Jul 29, 2023	Jul 30, 2022	Jul 31, 2021	Jul 25, 2020	Jul 27, 2019
Land, buildings, and building and leasehold improvements	4,247)	4,229)	4,219)	4,304)	4,252)	4,545)
Production, engineering, computer and other equipment and related software	5,160)	5,355)	5,426)	5,964)	6,038)	6,633)
Operating lease assets	115)	135)	185)	273)	337)	485)
Furniture, fixtures and other	351)	339)	335)	377)	387)	376)
Gross property and equipment	9,873)	10,058)	10,165)	10,918)	11,014)	12,039)
Accumulated depreciation and amortization	(7,783)	(7,973)	(8,168)	(8,580)	(8,561)	(9,250)
Property and equipment, net	2,090)	2,085)	1,997)	2,338)	2,453)	2,789)

Based on: 10-K (reporting date: 2024-07-27), 10-K (reporting date: 2023-07-29), 10-K (reporting date: 2022-07-30), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-25), 10-K (reporting date: 2019-07-27).

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Item	Description	The company
Gross property and equipment	Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Cisco Systems Inc. gross property and equipment decreased from 2022 to 2023 and from 2023 to 2024.
Property and equipment, net	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Cisco Systems Inc. property and equipment, net increased from 2022 to 2023 and from 2023 to 2024.

Cisco Systems Inc., asset age ratios

	Jul 27, 2024	Jul 29, 2023	Jul 30, 2022	Jul 31, 2021	Jul 25, 2020	Jul 27, 2019
Average age ratio	78.83%	79.27%	80.35%	78.59%	77.73%	76.83%
Estimated total useful life (years)	14	14	13	14	12	12
Estimated age, time elapsed since purchase (years)	11	11	10	11	10	9
Estimated remaining life (years)	3	3	2	3	3	3

Based on: 10-K (reporting date: 2024-07-27), 10-K (reporting date: 2023-07-29), 10-K (reporting date: 2022-07-30), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-25), 10-K (reporting date: 2019-07-27).

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Asset age ratio	Description	The company
Average age ratio	As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient.	Cisco Systems Inc. average age ratio of depreciable property, plant and equipment improved from 2022 to 2023 and from 2023 to 2024.
Estimated total useful life	Over longer time periods, this ratio is a useful measure of company depreciation policy and can be used for comparisons with competitors.	Cisco Systems Inc. estimated total useful life of depreciable property, plant and equipment increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
Estimated time elapsed since purchase	The approximate age in years of a company fixed assets. Useful for comparison purposes.	Cisco Systems Inc. estimated time elapsed since purchase of depreciable property, plant and equipment deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.
Estimated remaining life		Cisco Systems Inc. estimated remaining life of depreciable property, plant and equipment increased from 2022 to 2023 and from 2023 to 2024.

	Jul 27, 2024	Jul 29, 2023	Jul 30, 2022	Jul 31, 2021	Jul 25, 2020	Jul 27, 2019
Selected Financial Data (US$ in millions)
Accumulated depreciation and amortization	7,783)	7,973)	8,168)	8,580)	8,561)	9,250)
Gross property and equipment	9,873)	10,058)	10,165)	10,918)	11,014)	12,039)
Asset Age Ratio
Average age¹	78.83%	79.27%	80.35%	78.59%	77.73%	76.83%

Based on: 10-K (reporting date: 2024-07-27), 10-K (reporting date: 2023-07-29), 10-K (reporting date: 2022-07-30), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-25), 10-K (reporting date: 2019-07-27).

2024 Calculations

¹ Average age = 100 × Accumulated depreciation and amortization ÷ Gross property and equipment
= 100 × 7,783 ÷ 9,873 = 78.83%

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Asset age ratio	Description	The company
Average age	As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient.	Cisco Systems Inc. average age ratio of depreciable property, plant and equipment improved from 2022 to 2023 and from 2023 to 2024.

	Jul 27, 2024	Jul 29, 2023	Jul 30, 2022	Jul 31, 2021	Jul 25, 2020	Jul 27, 2019
Selected Financial Data (US$ in millions)
Gross property and equipment	9,873)	10,058)	10,165)	10,918)	11,014)	12,039)
Depreciation and amortization expenses for property and equipment	700)	700)	800)	800)	900)	1,000)
Asset Age Ratio (Years)
Estimated total useful life¹	14	14	13	14	12	12

Based on: 10-K (reporting date: 2024-07-27), 10-K (reporting date: 2023-07-29), 10-K (reporting date: 2022-07-30), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-25), 10-K (reporting date: 2019-07-27).

2024 Calculations

¹ Estimated total useful life = Gross property and equipment ÷ Depreciation and amortization expenses for property and equipment
= 9,873 ÷ 700 = 14

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Asset age ratio	Description	The company
Estimated total useful life	Over longer time periods, this ratio is a useful measure of company depreciation policy and can be used for comparisons with competitors.	Cisco Systems Inc. estimated total useful life of depreciable property, plant and equipment increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.

	Jul 27, 2024	Jul 29, 2023	Jul 30, 2022	Jul 31, 2021	Jul 25, 2020	Jul 27, 2019
Selected Financial Data (US$ in millions)
Accumulated depreciation and amortization	7,783)	7,973)	8,168)	8,580)	8,561)	9,250)
Depreciation and amortization expenses for property and equipment	700)	700)	800)	800)	900)	1,000)
Asset Age Ratio (Years)
Time elapsed since purchase¹	11	11	10	11	10	9

Based on: 10-K (reporting date: 2024-07-27), 10-K (reporting date: 2023-07-29), 10-K (reporting date: 2022-07-30), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-25), 10-K (reporting date: 2019-07-27).

2024 Calculations

¹ Time elapsed since purchase = Accumulated depreciation and amortization ÷ Depreciation and amortization expenses for property and equipment
= 7,783 ÷ 700 = 11

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Asset age ratio	Description	The company
Estimated time elapsed since purchase	The approximate age in years of a company fixed assets. Useful for comparison purposes.	Cisco Systems Inc. estimated time elapsed since purchase of depreciable property, plant and equipment deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.

	Jul 27, 2024	Jul 29, 2023	Jul 30, 2022	Jul 31, 2021	Jul 25, 2020	Jul 27, 2019
Selected Financial Data (US$ in millions)
Property and equipment, net	2,090)	2,085)	1,997)	2,338)	2,453)	2,789)
Depreciation and amortization expenses for property and equipment	700)	700)	800)	800)	900)	1,000)
Asset Age Ratio (Years)
Estimated remaining life¹	3	3	2	3	3	3

Based on: 10-K (reporting date: 2024-07-27), 10-K (reporting date: 2023-07-29), 10-K (reporting date: 2022-07-30), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-25), 10-K (reporting date: 2019-07-27).

2024 Calculations

¹ Estimated remaining life = Property and equipment, net ÷ Depreciation and amortization expenses for property and equipment
= 2,090 ÷ 700 = 3

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Asset age ratio	Description	The company
Estimated remaining life		Cisco Systems Inc. estimated remaining life of depreciable property, plant and equipment increased from 2022 to 2023 and from 2023 to 2024.

Cisco Systems Inc. (NASDAQ:CSCO)

Analysis of Property, Plant and Equipment

Property, Plant and Equipment Disclosure

Asset Age Ratios (Summary)

Average Age

Estimated Total Useful Life

Estimated Age, Time Elapsed since Purchase

Estimated Remaining Life