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Description of Business and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jan. 31, 2012
Accounting Policies [Abstract]  
Composition of shares used in the computation of basic and diluted net income per share
The following table presents the composition of shares used in the computation of basic and diluted net income per share for the periods indicated.
 
Three Months Ended
 
Six Months Ended
(In millions, except per share amounts)
January 31,
2012
 
January 31,
2011
 
January 31,
2012
 
January 31,
2011
Numerator:
 
 
 
 
 
 
 
Net income
$
118

 
$
73

 
$
54

 
$
3

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Shares used in basic per share amounts:
 
 
 
 
 
 
 
Weighted average common shares outstanding
297

 
308

 
298

 
312

 
 
 
 
 
 
 
 
Shares used in diluted per share amounts:
 
 
 
 
 
 
 
Weighted average common shares outstanding
297

 
308

 
298

 
312

Dilutive common equivalent shares from stock options
 
 
 
 
 
 
 
and restricted stock awards
9

 
10

 
9

 
10

Dilutive weighted average common shares outstanding
306

 
318

 
307

 
322

 
 
 
 
 
 
 
 
Basic and diluted net income per share:
 
 
 
 
 
 
 
Basic net income per share
$
0.40

 
$
0.24

 
$
0.18

 
$
0.01

Diluted net income per share
$
0.39

 
$
0.23

 
$
0.18

 
$
0.01

 
 
 
 
 
 
 
 
Weighted average stock options and restricted stock units excluded from calculation due to anti-dilutive effect
3

 

 
3

 
1