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Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 31, 2023
Jul. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,848 $ 2,796
Investments 814 485
Accounts receivable, net of allowance for doubtful accounts of $7 and $31 405 446
Notes receivable, net 687 509
Income taxes receivable 29 93
Prepaid expenses and other current assets 354 287
Current assets before funds receivable and amounts held for customers 5,137 4,616
Funds receivable and amounts held for customers 420 431
Total current assets 5,557 5,047
Long-term investments 105 98
Property and equipment, net 969 888
Operating lease right-of-use assets 469 549
Goodwill 13,780 13,736
Acquired intangible assets, net 6,419 7,061
Long-term deferred income tax assets 64 11
Other assets 417 344
Total assets 27,780 27,734
Current liabilities:    
Short-term debt 0 499
Accounts payable 638 737
Accrued compensation and related liabilities 665 576
Deferred revenue 921 808
Income taxes payable 698 8
Other current liabilities 448 571
Current liabilities before funds payable and amounts due to customers 3,370 3,199
Funds payable and amounts due to customers 420 431
Total current liabilities 3,790 3,630
Long-term debt 6,120 6,415
Long-term deferred income tax liabilities 4 619
Operating lease liabilities 480 542
Other long-term obligations 117 87
Total liabilities 10,511 11,293
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value Authorized - 1,345 shares total; 145 shares designated Series A; 250 shares designated Series B Junior Participating Issued and outstanding - None 0 0
Common stock, $0.01 par value Authorized - 750,000 shares Outstanding - 280,421 shares at July 31, 2023 and 281,932 shares at July 31, 2022 3 3
Additional paid-in capital 19,026 17,722
Treasury stock, at cost (16,772) (14,805)
Accumulated other comprehensive loss (55) (60)
Retained earnings 15,067 13,581
Total stockholders’ equity 17,269 16,441
Total liabilities and stockholders’ equity $ 27,780 $ 27,734