Discontinued Operations (Tables)

3 Months Ended

Oct. 31, 2015

Discontinued Operations and Disposal Groups [Abstract]

Disposal groups, including discontinued operations

The carrying amounts of the major classes of assets and liabilities of Demandforce, QuickBase, and Quicken at October 31, 2015 and July 31, 2015 were as shown in the following table.

(In millions)	October 31, 2015		July 31, 2015
Accounts receivable	$	14	$	19
Deferred income taxes	—		5
Prepaid and other current assets	3		2
Property and equipment, net	18		25
Goodwill	156		165
Purchased intangible assets, net	43		43
Other assets	2		2
Total assets	236		261
Accounts payable	7		7
Accrued compensation	13		21
Deferred revenue	45		48
Other current liabilities	8		17
Long-term deferred revenue	38		39
Long-term obligations	16		29
Total liabilities	127		161
Net assets	$	109	$	100

Net revenue from discontinued operations, income or loss from discontinued operations before income taxes, and the components of net income (loss) from discontinued operations were as follows for the periods indicated:

	Three Months Ended
(In millions)	October 31, 2015			October 31, 2014
Net revenue from discontinued operations:
Demandforce	$	25		$	31
QuickBase	20			17
Quicken	14			13
Total net revenue from discontinued operations	$	59		$	61
Income (loss) from discontinued operations before income taxes:
Demandforce	$	(4	)	$	(14	)
QuickBase	4			3
Quicken	4			6
Total income (loss) from discontinued operations before income taxes	$	4		$	(5	)
Net income (loss) from discontinued operations:
Net loss from Demandforce operations	$	(3	)	$	(9	)
Net income from QuickBase operations	3			2
Net income from Quicken operations	3			4
Tax expense from discontinued operations	(3		)	—
Total net loss from discontinued operations	$	—		$	(3	)