Other Liabilities and Commitments

12 Months Ended

Jul. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Other Liabilities and Commitments

9. Other Liabilities and Commitments

Other Current Liabilities

Other current liabilities were as follows at the dates indicated:

	July 31,
(In millions)	2023		2022
Executive deferred compensation plan liabilities	$	171	$	147
Current portion of operating lease liabilities	89		84
Sales, property, and other taxes	45		40
Reserve for returns, credits, and promotional discounts	32		31
Accrued settlement for state attorneys general	—		141
Other	111		128
Total other current liabilities	$	448	$	571

Other Long-Term Obligations

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

	July 31,
(In millions)	2023		2022
Income tax liabilities	$	76	$	44
Dividend payable	16		12
Deferred revenue	5		6
Other	20		25
Total other long-term obligations	$	117	$	87

Unconditional Purchase Obligations

In the ordinary course of business, we enter into certain unconditional purchase obligations with our suppliers. These are agreements to purchase products and services that are enforceable, legally binding, and specify terms that include fixed or minimum quantities to be purchased; fixed, minimum, or variable price provisions; and the approximate timing of the payments.

Annual minimum commitments under purchase obligations at July 31, 2023 were as shown in the table below.

(In millions)	Purchase Obligations
Fiscal year ending July 31,
2024	$	596
2025	574
2026	313
2027	68
2028	55
Thereafter	440
Total commitments	$	2,046