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Other Liabilities and Commitments
 6 Months Ended
Jan. 31, 2025
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)January 31,
2025		July 31,
2024
Executive deferred compensation plan liabilities$230 $207 
Interest payable85 84 
Reserve for returns, credits, and promotional discounts81 40 
Current portion of operating lease liabilities59 71 
Sales, property, and other taxes59 47 
Income taxes payable30 8 
Other115 100 
Total other current liabilities$659 $557 
The balances of several of our other current liabilities, particularly our reserves for returns, credits, and promotional discounts, 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)January 31,
2025		July 31,
2024
Income tax liabilities$159 $157 
Dividends payable
19 19 
Deferred income tax liabilities
10 3 
Deferred revenue3 4 
Other30 25 
Total other long-term obligations$221 $208 
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, 2024. In December 2024, we amended an existing cloud services agreement to extend the term through 2032. Under the amended agreement, we have an annual minimum purchase commitment that ranges from $256 million to $411 million per contract year, and a total minimum purchase commitment of $3.5 billion over the eight-year term. There were no other significant changes outside the ordinary course of business in our purchase obligations during the six months ended January 31, 2025.