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Leases (Tables)
 12 Months Ended
Jul. 31, 2025
Leases [Abstract]  
Lease Related Assets and Liabilities Disclosures
Lease-related assets and liabilities consisted of the following:
As of July 31,
(In millions)20252024
Assets:
   Operating lease right-of-use assets$1,763 $1,565 
Liabilities:
   Current portion of operating lease liabilities$447 $395 
   Long-term portion of operating lease liabilities1,367 1,198 
Total lease liabilities$1,814 $1,593 
Schedule of Lease Cost
The components of leasing costs, included in SG&A, consisted of the following:
For the years ended July 31,
(In millions)202520242023
Operating lease costs$484 $440 $390 
Variable lease costs107 92 85 
Short-term lease costs33 28 23 
Total lease costs$624 $560 $498 
The weighted average remaining lease terms and discount rates for the Company’s operating leases were as follows:
As of July 31,
20252024
Weighted average remaining lease term (years)5.45.4
Weighted average discount rate4.6 %4.5 %
Supplemental cash flow information related to leases consisted of the following:
For the years ended July 31,
(In millions)202520242023
Cash paid for operating leases (operating cash flows)$469 $424 $379 
Lease assets obtained in exchange for new operating lease liabilities (non-cash)
370 253 309 
Schedule of Lease Maturity
The future minimum rental payments for the next five fiscal years under operating lease obligations, having initial or remaining non-cancelable lease terms in excess of one year are summarized as follows:
As of July 31,
(In millions)2025
2026$457 
2027436 
2028367 
2029280 
2030199 
Thereafter350 
Total undiscounted lease payments2,089 
Less: imputed interest(275)
Present value of liabilities$1,814