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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 31, 2020
Jul. 31, 2020
Current assets:    
Cash and cash equivalents $ 2,142.0 $ 2,958.0
Short-term investments 1,075.6 789.8
Accounts receivable, net of allowance for credit losses of $9.0 and $2.3 at October 31, 2020 and July 31, 2020, respectively 675.5 1,037.1
Prepaid expenses and other current assets 407.8 344.3
Total current assets 4,300.9 5,129.2
Property and equipment, net 337.9 348.1
Operating lease right-of-use assets 251.2 258.7
Long-term investments 873.2 554.4
Goodwill 1,968.6 1,812.9
Intangible assets, net 388.8 358.2
Other assets 605.9 603.9
Total assets 8,726.5 9,065.4
Current liabilities:    
Accounts payable 48.5 63.6
Accrued compensation 188.4 322.2
Accrued and other liabilities 260.7 256.8
Deferred revenue 2,137.5 2,049.1
Total current liabilities 2,635.1 2,691.7
Convertible senior notes, net 3,119.2 3,084.1
Long-term deferred revenue 1,809.3 1,761.1
Long-term operating lease liabilities 323.9 336.6
Other long-term liabilities 92.0 90.1
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock; $0.0001 par value; 100.0 shares authorized; none issued and outstanding at October 31, 2020 and July 31, 2020 0.0 0.0
Common stock and additional paid-in capital; $0.0001 par value; 1,000.0 shares authorized; 95.2 and 96.3 shares issued and outstanding at October 31, 2020 and July 31, 2020, respectively 2,003.9 2,259.2
Accumulated other comprehensive income 3.2 10.5
Accumulated deficit (1,260.1) (1,167.9)
Total stockholders’ equity 747.0 1,101.8
Total liabilities and stockholders’ equity $ 8,726.5 $ 9,065.4