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Income tax - Reconciliation of Income Tax Expense (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Jul. 31, 2024
Jul. 31, 2024
Jul. 31, 2023
Jul. 31, 2022
Income Tax Disclosure [Abstract]        
Provision for income taxes at UK statutory rate   $ 616 $ 518 $ 515
Provision for income taxes at UK statutory rate (percent)   25.00% 21.00% 19.00%
Non-U.K. tax rate differentials   $ (30) $ 68 $ 127
Non-UK tax rate differentials (percent)   (1.20%) 2.80% 4.70%
Impact of change in reserves   $ 12 $ 8 $ 8
Impact of change in reserves (percent)   0.50% 0.30% 0.20%
Tax credits   $ (8) $ (15) $ (9)
Tax credits (percent)   (0.30%) (0.60%) (0.30%)
Impact of merger transaction   $ 144 $ 0 $ 0
Impact of merger transaction (percent)   5.80% 0.00% 0.00%
Non-taxable income   $ (13) $ (6) $ (9)
Non-taxable income (percent)   (0.50%) (0.20%) (0.30%)
Other   $ 8 $ 2 $ (23)
Other (percent)   0.30% 0.00% (0.80%)
Provision for income taxes   $ 729 $ 575 $ 609
Income tax expense (percent)   29.60% 23.30% 22.50%
Non-cash deferred tax charges $ 137 $ (125) $ 104 $ (41)
Reversal of tax losses deemed worthless 90      
Change in valuation allowance $ 47 $ 47 $ 4 $ 0