Other Liabilities and Commitments

3 Months Ended

Oct. 31, 2022

Other Liabilities Disclosure [Abstract]

Other Liabilities and Commitments

7. Other Liabilities and Commitments

Other Current Liabilities

Other current liabilities were as follows at the dates indicated:

(In millions)	October 31, 2022		July 31, 2022
Executive deferred compensation plan liabilities	$	152	$	147
Accrued settlement for state attorneys general	141		141
Current portion of operating lease liabilities	86		84
Sales, property, and other taxes	50		40
Reserve for returns and credits	25		25
Interest payable	20		11
Amounts due for share repurchases	19		10
Current portion of dividend payable	14		12
Merchant and consumer payments processing reserves	11		21
Income taxes payable	7		8
Reserve for promotional discounts and rebates	5		6
Other	59		74
Total other current liabilities	$	589	$	579

The balances of several of our other current liabilities, particularly our reserves for product returns and promotional discounts and rebates, are affected by the seasonality of our business. See Note 1, “Description of Business and Summary of Significant Accounting Policies – Seasonality,” for more information.

Other Long-Term Obligations

Other long-term obligations were as follows at the dates indicated:

(In millions)	October 31, 2022		July 31, 2022
Income tax liabilities	$	45	$	44
Dividend payable	13		12
Deferred revenue	5		6
Other	26		25
Total other long-term obligations	$	89	$	87

Unconditional Purchase Obligations

We describe our unconditional purchase obligations in Note 9 to the financial statements in Part II, Item 8 of our Annual Report on Form 10-K for the fiscal year ended July 31, 2022. There were no significant changes outside the ordinary course of business in our purchase obligations during the three months ended October 31, 2022.