XML 55 R40.htm IDEA: XBRL DOCUMENT v3.22.2.2
Stock-based Compensation (Tables)
 12 Months Ended
Jul. 31, 2022
Stock-based Compensation  
Summary of Stock-based Compensation Expense [Table Text Block] Total pre-tax stock-based compensation expense and tax-related benefits recognized in Earnings from continuing operations were as follows:
(Millions)202220212020
Total pre-tax stock-based compensation expense$59 $64 $59 
Tax-related benefits$10 $12 $11 
Share-based Payment Arrangement, Option [Member]  
Stock-based Compensation  
Schedule Of Stock Option Activity [Table Text Block]
The following table summarizes stock option activity as of July 31, 2022:
OptionsWeighted-
Average
Exercise
Price		Weighted-
Average
Remaining
Contractual
Life		Aggregate
Intrinsic
Value
(Options in
thousands)		 (In years) 
Outstanding at August 1, 2021
1,372 $45.61 
Granted— $— 
Exercised(75)$38.15 
Terminated— $— 
Outstanding at July 31, 2022
1,297 $46.04 4.8$6 
Exercisable at July 31, 2022
1,297 $46.04 4.8$6 
TSR Performance Restricted Stock/Units [Member]  
Stock-based Compensation  
TSR Performance Restricted Stock Units [Table Text Block]
The following table summarizes TSR performance restricted stock units as of July 31, 2022:
UnitsWeighted-
Average
Grant-Date
Fair Value
 (Restricted stock
units in thousands)		 
Nonvested at August 1, 2021
1,222 $53.60 
Granted331 $45.54 
Vested(178)$31.35 
Forfeited(222)$48.85 
Nonvested at July 31, 2022
1,153 $55.63 
Schedule Of Share Based Payment Award Valuation Assumptions [Table Text Block] Weighted-average assumptions used in the Monte Carlo simulation were as follows:
 202220212020
Risk-free interest rate0.46%0.15%1.48%
Expected dividend yield3.50%2.85%2.95%
Expected volatility27.42%29.99%27.01%
Expected term3 years3 years3 years
Time Lapse, EPS CAGR Performance, FCF Performance, and EPS Performance Restricted Stock Units [Member]  
Stock-based Compensation  
Time-Lapse Restricted Stock Units, EPS CAGR Performance Restricted Stock Units, FCF Performance Restricted Stock Units, and EPS Performance Restricted Stock Units[Table Text Block]
The following table summarizes time-lapse restricted stock units, EPS CAGR performance restricted stock units and FCF performance restricted stock units as of July 31, 2022:
UnitsWeighted-
Average
Grant-Date
Fair Value
 (Restricted stock
units in thousands)		 
Nonvested at August 1, 2021
1,814 $45.63 
Granted1,543 $41.96 
Vested(1,175)$43.97 
Forfeited(236)$44.38 
Nonvested at July 31, 2022
1,946 $43.88