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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Cash flows from operating activities:    
Net income $ 223 $ 181
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 99 117
Amortization of acquired intangible assets 13 10
Share-based compensation expense 205 191
Deferred income taxes (21) (25)
Other 6 7
Total adjustments 302 300
Changes in operating assets and liabilities:    
Accounts receivable (456) (428)
Income taxes receivable (1) 31
Prepaid expenses and other assets (54) (65)
Accounts payable 210 176
Accrued compensation and related liabilities (146) (89)
Deferred revenue 58 5
Other liabilities 62 63
Total changes in operating assets and liabilities (327) (307)
Net cash provided by operating activities 198 174
Cash flows from investing activities:    
Purchases of corporate and customer fund investments (153) (137)
Sales of corporate and customer fund investments 42 68
Maturities of corporate and customer fund investments 106 66
Net change in customer fund deposits 67 50
Purchases of property and equipment (80) (77)
Acquisitions of businesses, net of cash acquired 0 (362)
Originations of term loans to small businesses (152) (40)
Principal repayments of term loans from small businesses 116 18
Other 13 (22)
Net cash used in investing activities (41) (436)
Cash flows from financing activities:    
Proceeds from borrowings under revolving credit facility 0 800
Repayments on borrowings under revolving credit facility 0 (160)
Repayment of debt (25) (25)
Proceeds from issuance of stock under employee stock plans 154 150
Payments for employee taxes withheld upon vesting of restricted stock units (76) (49)
Cash paid for purchases of treasury stock (274) (253)
Dividends and dividend rights paid (251) (205)
Other (5) 0
Net cash provided by (used in) financing activities (477) 258
Effect of exchange rates on cash, cash equivalents, restricted cash, and restricted cash equivalents (2) 3
Net decrease in cash, cash equivalents, restricted cash, and restricted cash equivalents (322) (1)
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period 1,631 701
Cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period $ 1,309 $ 700