CISCO SYSTEMS, INC. | 2013 | FY | 3

A summary of the Company’s financing receivables is presented as follows (in millions):
July 27, 2013
Lease
Receivables
 
Loan
Receivables
 
Financed
Service
Contracts and Other
 
Total Financing
Receivables
Gross
$
3,780

 
$
1,649

 
$
3,136

 
$
8,565

Unearned income
(273
)
 
—

 
—

 
(273
)
Allowance for credit loss
(238
)
 
(86
)
 
(20
)
 
(344
)
Total, net
$
3,269

 
$
1,563

 
$
3,116

 
$
7,948

Reported as:
 
 
 
 
 
 
 
Current
$
1,418

 
$
898

 
$
1,721

 
$
4,037

Noncurrent
1,851

 
665

 
1,395

 
3,911

Total, net
$
3,269

 
$
1,563

 
$
3,116

 
$
7,948

July 28, 2012
Lease
Receivables
 
Loan
Receivables
 
Financed
Service
Contracts and Other
 
Total
Financing
Receivables
Gross
$
3,429

 
$
1,796

 
$
2,651

 
$
7,876

Unearned income
(250
)
 
—

 
—

 
(250
)
Allowance for credit loss
(247
)
 
(122
)
 
(11
)
 
(380
)
Total, net
$
2,932

 
$
1,674

 
$
2,640

 
$
7,246

Reported as:
 
 
 
 
 
 
 
Current
$
1,200

 
$
968

 
$
1,493

 
$
3,661

Noncurrent
1,732

 
706

 
1,147

 
3,585

Total, net
$
2,932

 
$
1,674

 
$
2,640

 
$
7,246

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