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Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 31, 2021
Jul. 31, 2020
Current assets:    
Cash and cash equivalents $ 2,562 $ 6,442
Investments 1,308 608
Accounts receivable, net of allowance for doubtful accounts of $96 and $12 391 149
Income taxes receivable 123 12
Prepaid expenses and other current assets 316 314
Current assets before funds held for customers 4,700 7,525
Funds held for customers 457 455
Total current assets 5,157 7,980
Long-term investments 43 19
Property and equipment, net 780 734
Operating lease right-of-use assets 380 226
Goodwill 5,613 1,654
Acquired intangible assets, net 3,252 28
Long-term deferred income taxes 8 65
Other assets 283 225
Total assets 15,516 10,931
Current liabilities:    
Short-term debt 0 1,338
Accounts payable 623 305
Accrued compensation and related liabilities 530 482
Deferred revenue 684 652
Other current liabilities 361 297
Current liabilities before customer fund deposits 2,198 3,074
Customer fund deposits 457 455
Total current liabilities 2,655 3,529
Long-term debt 2,034 2,031
Long-term deferred income tax liabilities 525 2
Operating lease liabilities 380 221
Other long-term obligations 53 42
Total liabilities 5,647 5,825
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 - 273,235 shares at July 31, 2021 and 261,740 shares at July 31, 2020 3 3
Additional paid-in capital 10,545 6,179
Treasury stock, at cost (12,951) (11,929)
Accumulated other comprehensive loss (24) (32)
Retained earnings 12,296 10,885
Total stockholders’ equity 9,869 5,106
Total liabilities and stockholders’ equity $ 15,516 $ 10,931