Segment Information

3 Months Ended

Oct. 31, 2011

Segment Reporting [Abstract]

Segment Information

Segment Information

We have defined seven reportable segments based on factors such as how we manage our operations and how our chief operating decision maker views results. We define the chief operating decision maker as our Chief Executive Officer and our Chief Financial Officer. Our chief operating decision maker organizes and manages our business primarily on the basis of product and service offerings.

All of our business segments except Other Businesses operate primarily in the United States and sell primarily to customers in the United States. International total net revenue was less than 5% of consolidated total net revenue for all periods presented.

We include expenses such as corporate selling and marketing, product development, and general and administrative expenses and share-based compensation expenses that are not allocated to specific segments in unallocated corporate items. Unallocated corporate items also include amortization of acquired technology, amortization of other acquired intangible assets, and goodwill and intangible asset impairment charges.

The accounting policies of our reportable segments are the same as those described in the summary of significant accounting policies in Note 1 to the financial statements in Item 8 of our Annual Report on Form 10-K for the fiscal year ended July 31, 2011. Except for goodwill and purchased intangible assets, we do not generally track assets by reportable segment and, consequently, we do not disclose total assets by reportable segment.

The following table shows our financial results by reportable segment for the periods indicated.

	Three Months Ended
(In millions)	October 31, 2011			October 31, 2010
Net revenue:
Financial Management Solutions	$	168		$	154
Employee Management Solutions	121			107
Payment Solutions	94			80
Consumer Tax	41			29
Accounting Professionals	27			25
Financial Services	89			81
Other Businesses	54			56
Total net revenue	$	594		$	532
Operating income (loss):
Financial Management Solutions	$	42		$	33
Employee Management Solutions	75			64
Payment Solutions	24			12
Consumer Tax	(28		)	(29		)
Accounting Professionals	(14		)	(16		)
Financial Services	18			15
Other Businesses	(3		)	1
Total segment operating income	114			80
Unallocated corporate items:
Share-based compensation expense	(40		)	(35		)
Other common expenses	(143		)	(134		)
Amortization of acquired technology	(4		)	(4		)
Amortization of other acquired intangible assets	(21		)	(11		)
Total unallocated corporate items	(208		)	(184		)
Total operating loss	$	(94	)	$	(104	)