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Description of Business and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jan. 31, 2013
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,
2013
 
January 31,
2012
 
January 31,
2013
 
January 31,
2012
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations
$
71

 
$
121

 
$
20

 
$
63

Net income (loss) from discontinued operations

 
(3
)
 
32

 
(9
)
Net income
$
71

 
$
118

 
$
52

 
$
54

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Shares used in basic per share amounts:
 
 
 
 
 
 
 
Weighted average common shares outstanding
296

 
297

 
296

 
298

 
 
 
 
 
 
 
 
Shares used in diluted per share amounts:
 
 
 
 
 
 
 
Weighted average common shares outstanding
296

 
297

 
296

 
298

Dilutive common equivalent shares from stock options
 
 
 
 
 
 
 
and restricted stock awards
7

 
9

 
6

 
9

Dilutive weighted average common shares outstanding
303

 
306

 
302

 
307

 
 
 
 
 
 
 
 
Basic and diluted net income per share:
 
 
 
 
 
 
 
Basic net income per share from continuing operations
$
0.24

 
$
0.41

 
$
0.07

 
$
0.21

Basic net income (loss) per share from discontinued operations

 
(0.01
)
 
0.11

 
(0.03
)
Basic net income per share
$
0.24

 
$
0.40

 
$
0.18

 
$
0.18

 
 
 
 
 
 
 
 
Diluted net income per share from continuing operations
$
0.23

 
$
0.40

 
$
0.07

 
$
0.21

Diluted net income (loss) per share from discontinued operations

 
(0.01
)
 
0.10

 
(0.03
)
Diluted net income per share
$
0.23

 
$
0.39

 
$
0.17

 
$
0.18

 
 
 
 
 
 
 
 
Shares excluded from computation of diluted net income
per share:
 
 
 
 
 
 
 
Weighted average stock options and restricted stock units excluded from computation due to anti-dilutive effect
3

 
3

 
3

 
3