Short-term Borrowings and Long-term Debt (Tables)

12 Months Ended

Jul. 31, 2016

Debt Disclosure [Abstract]

Schedule of Short-term Debt [Table Text Block]

Short-term borrowings consist of the following:

	2016			2015
Commercial paper	$	770		$	1,532
Current portion of long-term debt	400			—
Current portion of Canadian credit facility	42			—
Variable-rate bank borrowings	6			1
Fixed-rate bank borrowings	—			9
Capital leases	2			1
Other(1)	(1		)	—
Total short-term borrowings	$	1,219		$	1,543

Schedule of Long-term Debt Instruments [Table Text Block]

Long-term debt consists of the following:

Type	Fiscal Year of Maturity	Rate	2016			2015
Notes	2017	3.05%	$	400		$	400
Notes	2019	4.50%	300			300
Notes	2021	4.25%	500			500
Debentures	2021	8.88%	200			200
Notes	2023	2.50%	450			450
Notes	2025	3.30%	300			300
Notes	2043	3.80%	400			400
Canadian credit facility	2019	Variable	215			—
Capital leases			8			10
Other(1)			(18		)	(21		)
Total			$	2,755		$	2,539
Less current portion(1)			441			—
Total long-term debt			$	2,314		$	2,539

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⁽¹⁾  Includes unamortized net discount/premium on debt issuances and debt issuance costs.