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Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 31, 2016
Jul. 31, 2015
Current assets:    
Cash and cash equivalents $ 638 $ 808
Investments 442 889
Accounts receivable, net of allowance for doubtful accounts of $51 and $45 108 91
Income taxes receivable 20 84
Deferred income taxes 0 231
Prepaid expenses and other current assets 102 94
Current assets of discontinued operations 0 26
Current assets before funds held for customers 1,310 2,223
Funds held for customers 304 337
Total current assets 1,614 2,560
Long-term investments 28 27
Property and equipment, net 1,031 682
Goodwill 1,282 1,266
Acquired intangible assets, net 44 87
Long-term deferred income taxes 139 5
Other assets 112 106
Long-term assets of discontinued operations 0 235
Total assets 4,250 4,968
Current liabilities:    
Short-term debt 512 0
Accounts payable 184 190
Accrued compensation and related liabilities 289 283
Deferred revenue 801 691
Other current liabilities 161 150
Current liabilities of discontinued operations 0 93
Current liabilities before customer fund deposits 1,947 1,407
Customer fund deposits 304 337
Total current liabilities 2,251 1,744
Long-term debt 488 500
Long-term deferred revenue 204 152
Other long-term obligations 146 172
Long-term obligations of discontinued operations 0 68
Total liabilities 3,089 2,636
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value Authorized - 1,345 shares total; 145 shares designated Series A; 250 shares designated Series B Junior Participating Issued and outstanding - None 0 0
Common stock, $0.01 par value Authorized - 750,000 shares Outstanding - 257,853 shares at July 31, 2016 and 277,706 shares at July 31, 2015 3 3
Additional paid-in capital 4,442 4,007
Treasury stock, at cost (9,939) (7,675)
Accumulated other comprehensive loss (32) (30)
Retained earnings 6,687 6,027
Total stockholders’ equity 1,161 2,332
Total liabilities and stockholders’ equity $ 4,250 $ 4,968