Goodwill and Acquired Intangbile Asstes (Tables)

12 Months Ended

Jul. 31, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

(In millions)	Balance July 31, 2010		Goodwill Acquired/ Adjusted			Goodwill Impairment Charges			Balance July 31, 2011		Goodwill Acquired/ Adjusted			Balance July 31, 2012
Financial Management Solutions	$	151	$	—		$	—		$	151	$	316		$	467
Employee Management Solutions	271		—			—			271		—			271
Payment Solutions	182		—			—			182		9			191
Consumer Tax	30		—			—			30		—			30
Accounting Professionals	90		—			—			90		—			90
Financial Services	1,009		(4		)	—			1,005		(11		)	994
Other Businesses	181		—			(24		)	157		—			157
Totals	$	1,914	$	(4	)	$	(24	)	$	1,886	$	314		$	2,200

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

The following table shows the cost, accumulated amortization and weighted average life in years for our acquired intangible assets at the dates indicated.

(Dollars in millions)	Customer Lists			Purchased Technology			Trade Names and Logos			Covenants Not to Compete or Sue			Total
At July 31, 2012:
Cost	$	487		$	450		$	44		$	36		$	1,017
Accumulated amortization	(397		)	(356		)	(28		)	(23		)	(804		)
Acquired intangible assets, net	$	90		$	94		$	16		$	13		$	213
Weighted average life in years	6			6			6			8			7
At July 31, 2011:
Cost	$	433		$	422		$	35		$	35		$	925
Accumulated amortization	(371		)	(329		)	(25		)	(20		)	(745		)
Acquired intangible assets, net	$	62		$	93		$	10		$	15		$	180
Weighted average life in years	7			7			7			8			7

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

(In millions)	Expected Future Amortization Expense
Twelve months ending July 31,
2013	$	56
2014	45
2015	39
2016	30
2017	22
Thereafter	21
Total expected future amortization expense	$	213