Other Liabilities and Commitments

6 Months Ended

Jan. 31, 2023

Other Liabilities Disclosure [Abstract]


7. Other Liabilities and Commitments


Other Current Liabilities

Other current liabilities were as follows at the dates indicated:


(In millions)	January 31, 2023		July 31, 2022
Amounts due to a bank partner	$	336	$	—
Executive deferred compensation plan liabilities	153		147
Current portion of operating lease liabilities	86		84
Reserve for returns, credits, and promotional discounts	82		31
Sales, property, and other taxes	58		40






Accrued settlement for state attorneys general	—		141
Other	105		136
Total other current liabilities	$	820	$	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. The amounts due to a bank partner above were paid in early February 2023.


Other Long-Term Obligations

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


(In millions)	January 31, 2023		July 31, 2022
Income tax liabilities	$	45	$	44
Dividend payable	15		12
Deferred revenue	4		6
Other	24		25
Total other long-term obligations	$	88	$	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 six months ended January 31, 2023.