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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Cash flows from operating activities:    
Net income $ 746 $ 841
Depreciation and amortization 182 163
Share-based compensation 13 24
Changes in deferred income taxes (3) (6)
Changes in inventories (94) (52)
Changes in receivables and other assets 494 565
Changes in accounts payable and other liabilities (600) (626)
Changes in income taxes payable (39) (40)
Other operating activities (14) (6)
Net cash provided by operating activities 685 863
Cash flows from investing activities:    
Purchase of businesses acquired, net of cash acquired (46) (67)
Capital expenditures (158) (192)
Other investing activities 12 28
Net cash used in investing activities (192) (231)
Cash flows from financing activities:    
Purchase of treasury shares (508) (250)
Repayments of debt (2,100) (1,155)
Proceeds from debt 2,521 1,125
Change in bank overdrafts (1) 6
Cash dividends (158) (305)
Other financing activities (43) (18)
Net cash used in financing activities (289) (597)
Change in cash, cash equivalents and restricted cash 204 35
Effects of exchange rate changes (14) 0
Cash, cash equivalents and restricted cash, beginning of period 625 669
Cash, cash equivalents and restricted cash, end of period 815 704
Supplemental Disclosures:    
Cash paid for income taxes, net 291 330
Cash paid for interest 94 97
Accrued capital expenditures 7 6
Accrued dividends $ 166 $ 161