Share-based compensation (Tables)

12 Months Ended

Jul. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Award Activity

The following table summarizes the share-based incentive awards activity for fiscal 2024:

	Number of shares	Weighted average grant date fair value
Outstanding as of July 31, 2023	1,158,673	$111.57
RSU awards granted	113,281	161.15
PSU awards granted	209,945	158.16
PSU-ED, equity-settled awards granted	32,050	149.37
Share adjustments based on performance	(27,836)	53.59
Vested	(477,323)	99.01
Forfeited	(45,660)	130.41
Outstanding as of July 31, 2024	963,130	$135.82

The following table relates to RSU, PSU and PSU-ED awards activity:

	For the years ended July 31,
(In millions, except per share amounts)	2024	2023	2022
Fair value of awards vested	$79	$67	$94
Weighted average grant date fair value per share granted	$158.32	$99.95	$134.88

Schedule of Share-based Compensation Awards

The following table relates to all share-based compensation awards:

	For the years ended July 31,
(In millions)	2024	2023	2022
Share-based compensation expense (within SG&A)	$49	$51	$57
Income tax benefit	14	11	20