Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Cash flows from operating activities:
Net income	$ 198	$ 57
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	37	49
Amortization of acquired intangible assets	9	8
Non-cash operating lease cost	13	16
Share-based compensation expense	111	111
Deferred income taxes	17	(18)
Other	(16)	4
Total adjustments	171	170
Originations of loans held for sale	(43)	0
Sale and principal payments of loans held for sale	147	0
Changes in operating assets and liabilities:
Accounts receivable	47	(16)
Income taxes receivable	(17)	(22)
Prepaid expenses and other assets	(38)	(63)
Accounts payable	(58)	(5)
Accrued compensation and related liabilities	(248)	(180)
Deferred revenue	(85)	(68)
Operating lease liabilities	(12)	(14)
Other liabilities	(17)	14
Total changes in operating assets and liabilities	(428)	(354)
Net cash provided by (used in) operating activities	45	(127)
Cash flows from investing activities:
Purchases of corporate and customer fund investments	(198)	(207)
Sales of corporate and customer fund investments	30	53
Maturities of corporate and customer fund investments	156	156
Purchases of property and equipment	(38)	(38)
Acquisitions of businesses, net of cash acquired	(85)	0
Originations of term loans to small businesses	(11)	(81)
Principal repayments of term loans from small businesses	29	79
Other	(13)	(19)
Net cash used in investing activities	(130)	(57)
Cash flows from financing activities:
Repayments on borrowings under unsecured revolving credit facility	(1,000)	0
Repayment of debt	(13)	(13)
Proceeds from issuance of stock under employee stock plans	88	63
Payments for employee taxes withheld upon vesting of restricted stock units	(99)	(71)
Cash paid for purchases of treasury stock	0	(140)
Dividends and dividend rights paid	(158)	(141)
Net change in customer fund deposits	29	(23)
Net cash used in financing activities	(1,153)	(325)
Effect of exchange rates on cash, cash equivalents, restricted cash, and restricted cash equivalents	(1)	0
Net decrease in cash, cash equivalents, restricted cash, and restricted cash equivalents	(1,239)	(509)
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period	6,697	2,352
Cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period	5,458	1,843
Total cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period	$ 5,458	$ 1,843