Share-based compensation (Tables)

6 Months Ended

Jan. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Award Activity

The following table summarizes the share-based incentive awards activity for the six months ended January 31, 2025:

	Number of shares	Weighted average grant date fair value
Outstanding as of July 31, 2024	963,130	$135.82
RSU awards granted	122,632	190.80
PSU awards granted	162,406	189.30
PSU-EX granted	51,366	167.95
Share adjustments based on performance	(209,545)	132.50
Vested	(403,895)	134.60
Forfeited	(37,166)	151.41
Outstanding as of January 31, 2025	648,928	$163.09

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

	Six months ended
	January 31,
(In millions, except per share amounts)	2025
Fair value of awards vested	$81
Weighted average grant date fair value per share granted	$186.59

Schedule of Share-Based Compensation Awards

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

	Three months ended		Six months ended
	January 31,		January 31,
(In millions)	2025	2024	2025	2024
Share-based compensation expense (within SG&A)	$2	$11	$13	$24
Income tax benefit	—	3	3	6