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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 31, 2017
Jul. 31, 2016
Jul. 31, 2015
Net revenue:      
Product $ 1,376 $ 1,289 $ 1,146
Service and other 3,801 3,405 3,046
Total net revenue 5,177 4,694 4,192
Cost of revenue:      
Cost of product revenue 120 131 139
Cost of service and other revenue 677 599 556
Amortization of acquired technology 12 22 30
Selling and marketing 1,420 1,289 1,288
Research and development 998 881 798
General and administrative 553 518 483
Amortization of other acquired intangible assets 2 12 12
Goodwill and intangible asset impairment charges 0 0 148
Total costs and expenses 3,782 3,452 3,454
Operating income from continuing operations 1,395 1,242 738
Interest expense (31) (35) (27)
Interest and other income (expense), net 3 (4) 1
Income from continuing operations before income taxes 1,367 1,203 712
Income tax provision 396 397 299
Net income from continuing operations 971 806 413
Net income (loss) from discontinued operations 0 173 (48)
Net income $ 971 $ 979 $ 365
Basic net income per share from continuing operations (in dollars per share) $ 3.78 $ 3.08 $ 1.47
Basic net income (loss) per share from discontinued operations (in dollars per share) 0 0.65 (0.17)
Basic net income per share (in dollars per share) $ 3.78 $ 3.73 $ 1.30
Shares used in basic per share calculations (in shares) 257 262 281
Diluted net income per share from continuing operations (in dollars per share) $ 3.72 $ 3.04 $ 1.45
Diluted net income (loss) per share from discontinued operations (in dollars per share) 0 0.65 (0.17)
Diluted net income per share (in dollars per share) $ 3.72 $ 3.69 $ 1.28
Shares used in diluted per share calculations (in shares) 261 265 286
Cash dividends declared per common share (in dollars per share) $ 1.36 $ 1.20 $ 1.00