Property, plant and equipment (Tables)

12 Months Ended

Jul. 31, 2024

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

Assets are depreciated to their estimated residual value using the straight-line method over their estimated useful lives as follows: 

Owned buildings	20 - 50 years
Leasehold improvements	Period of lease
Plant and machinery	10 years
Computer hardware	3 - 5 years
Furniture, fixtures, equipment	5 - 7 years
Vehicles	4 years

Property, plant and equipment consisted of the following:

	As of July 31,
(In millions)	2024	2023
Land	$388	$348
Buildings	1,185	1,134
Leasehold improvements	618	529
Plant and machinery	927	834
Other equipment	166	156
Property, plant and equipment	3,284	3,001
Less: Accumulated depreciation	(1,532)	(1,406)
Property, plant and equipment, net	$1,752	$1,595