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Property, plant and equipment
12 Months Ended
Jul. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, plant and equipment
Note 5. Property, plant and equipment
Property, plant and equipment consisted of the following:
As of July 31,
(In millions)20252024
Land$399 $388 
Buildings1,206 1,185 
Leasehold improvements719 618 
Plant and machinery1,012 927 
Other equipment173 166 
Property, plant and equipment3,509 3,284 
Less: Accumulated depreciation(1,663)(1,532)
Property, plant and equipment, net$1,846 $1,752 
Depreciation related to property, plant and equipment included in operating costs for fiscal 2025 was $187 million (2024: $162 million and 2023: $148 million).