Stockholders' Equity (Tables)

6 Months Ended

Jan. 31, 2023

Equity [Abstract]

Total share-based compensation expense

The following table summarizes the total share-based compensation expense that we recorded in operating income for the periods shown.

	Three Months Ended				Six Months Ended
(In millions)	January 31, 2023		January 31, 2022		January 31, 2023		January 31, 2022
Cost of revenue	$	91	$	38	$	177	$	65
Selling and marketing	108		83		214		147
Research and development	132		132		268		241
General and administrative	92		83		186		163
Total share-based compensation expense	$	423	$	336	$	845	$	616

Summary of share-based awards available for grant

A summary of share-based awards available for grant under our plans for the six months ended January 31, 2023 was as follows:

(Shares in thousands)	Shares Available for Grant
Balance at July 31, 2022	26,260
Restricted stock units granted (1)	(2,243)
Options granted	—
Share-based awards canceled/forfeited/expired (1) (2)	2,705
Balance at January 31, 2023	26,722

(1)RSUs granted from the pool of shares available for grant under our 2005 Equity Incentive Plan reduce the pool by 2.3 shares for each share granted. RSUs forfeited and returned to the pool of shares available for grant under the 2005 Equity Incentive Plan increase the pool by 2.3 shares for each share forfeited.

(2)Stock options and RSUs canceled, expired or forfeited under our 2005 Equity Incentive Plan are returned to the pool of shares available for grant. Under the 2005 Equity Incentive Plan, shares withheld for income taxes upon vesting of RSUs that were granted on or after July 21, 2016 are also returned to the pool of shares available for grant. Stock options and RSUs canceled, expired or forfeited under older expired plans are not returned to the pool of shares available for grant.

Summary of restricted stock unit activity

A summary of RSU and restricted stock activity for the six months ended January 31, 2023 was as follows:

(Shares in thousands)	Number of Shares	Weighted Average Grant Date Fair Value
Nonvested at July 31, 2022	11,467	$	413.32
Granted	975	414.51
Vested	(1,814)	405.08
Forfeited	(515)	316.43
Nonvested at January 31, 2023	10,113	$	419.85

Summary of stock option activity

A summary of stock option activity for the six months ended January 31, 2023 was as follows:

	Options Outstanding
(Shares in thousands)	Number of Shares	Weighted Average Exercise Price Per Share
Balance at July 31, 2022	2,292	$	289.62
Granted	—	—
Exercised	(101)	222.75
Canceled or expired	(24)	365.55
Balance at January 31, 2023	2,167	$	291.91
Exercisable at January 31, 2023	1,448	$	220.29