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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Jul. 31, 2020
Net revenue:      
Net revenue: $ 12,726 $ 9,633 $ 7,679
Cost of revenue:      
Amortization of acquired technology 140 50 22
Selling and marketing 3,526 2,644 2,048
Research and development 2,347 1,678 1,392
General and administrative 1,460 982 679
Amortization of other acquired intangible assets 416 146 6
Total costs and expenses 10,155 7,133 5,503
Operating income 2,571 2,500 2,176
Interest expense (81) (29) (14)
Interest and other income, net 52 85 36
Income before income taxes 2,542 2,556 2,198
Income tax provision 476 494 372
Net income $ 2,066 $ 2,062 $ 1,826
Basic net income per share (in dollars per share) $ 7.38 $ 7.65 $ 6.99
Shares used in basic per share calculations (in shares) 280 270 261
Diluted net income per share (in dollars per share) $ 7.28 $ 7.56 $ 6.92
Shares used in diluted per share calculations (in shares) 284 273 264
Cash dividends declared per common share (in dollars per share) $ 2.72 $ 2.36 $ 2.12
Product      
Net revenue:      
Net revenue: $ 1,747 $ 1,698 $ 1,635
Cost of revenue:      
Cost of Goods and Services Sold 69 69 72
Service and other      
Net revenue:      
Net revenue: 10,979 7,935 6,044
Cost of revenue:      
Cost of Goods and Services Sold $ 2,197 $ 1,564 $ 1,284