Discontinued Operations (Tables)

6 Months Ended

Jan. 31, 2016

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 January 31, 2016 and July 31, 2015 were as shown in the following table.

(In millions)	January 31, 2016		July 31, 2015
Accounts receivable	$	28	$	19
Deferred income taxes	—		5
Prepaid and other current assets	2		2
Property and equipment, net	19		25
Goodwill	151		165
Purchased intangible assets, net	43		43
Other assets	2		2
Total assets	245		261
Accounts payable	8		7
Accrued compensation	20		21
Deferred revenue	56		48
Other current liabilities	13		17
Long-term deferred revenue	52		39
Long-term obligations	16		29
Total liabilities	165		161
Net assets	$	80	$	100

Net revenue from discontinued operations, income (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						Six Months Ended
(In millions)	January 31, 2016			January 31, 2015			January 31, 2016			January 31, 2015
Net revenue from discontinued operations:
Demandforce	$	24		$	30		$	49		$	61
QuickBase	20			17			40			34
Quicken	12			12			26			25
Total net revenue from discontinued operations	$	56		$	59		$	115		$	120
Income (loss) from discontinued operations before income taxes:
Demandforce	$	(6	)	$	(14	)	$	(10	)	$	(28	)
QuickBase	2			4			6			7
Quicken	(5		)	1			(1		)	7
Total loss from discontinued operations before income taxes	$	(9	)	$	(9	)	$	(5	)	$	(14	)
Net income (loss) from discontinued operations:
Net loss from Demandforce operations	$	(3	)	$	(10	)	$	(6	)	$	(19	)
Net income from QuickBase operations	1			3			4			5
Net income (loss) from Quicken operations	(3		)	1			—			5
Tax expense from discontinued operations	—			—			(3		)	—
Total net loss from discontinued operations	$	(5	)	$	(6	)	$	(5	)	$	(9	)