Goodwill and Acquired Intangible Assets (Tables)

12 Months Ended

Jul. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Carrying value of goodwill by reportable segment

Changes in the carrying value of goodwill by reportable segment during the twelve months ended July 31, 2025 and July 31, 2024 were as shown in the following table. Our reportable segments are described in Note 14, “Segment Information.”

(In millions)	Balance July 31, 2023		Goodwill Acquired/ Adjusted		Foreign Currency Translation		Balance July 31, 2024		Goodwill Acquired/ Adjusted		Foreign Currency Translation		Balance July 31, 2025
Global Business Solutions	$	9,691	$	—	$	(1)	$	9,690	$	134	$	1	$	9,825
Consumer	51		—		—		51		—		—		51
Credit Karma	3,941		65		—		4,006		—		1		4,007
ProTax	97		—		—		97		—		—		97
Totals	$	13,780	$	65	$	(1)	$	13,844	$	134	$	2	$	13,980

Cost, accumulated amortization and weighted average life in years for acquired intangible assets

The following table shows the cost, accumulated amortization, and weighted-average life in years for our acquired intangible assets at the dates indicated. The weighted-average lives are calculated for assets that are not fully amortized.

(Dollars in millions)	Customer and User Relationships		Purchased Technology		Trade Names and Logos		Total
At July 31, 2025:
Cost	$	6,198	$	1,765	$	680	$	8,643
Accumulated amortization	(2,034)		(1,061)		(246)		(3,341)
Acquired intangible assets, net	$	4,164	$	704	$	434	$	5,302
Weighted-average life in years	14		8		13		13
At July 31, 2024:
Cost	$	6,196	$	1,648	$	680	$	8,524
Accumulated amortization	(1,605)		(905)		(194)		(2,704)
Acquired intangible assets, net	$	4,591	$	743	$	486	$	5,820
Weighted-average life in years	14		8		13		13

Expected future amortization expense for acquired intangible assets

The following table shows the expected future amortization expense for our acquired intangible assets at July 31, 2025. Amortization of purchased technology is generally charged to amortization of acquired technology in our consolidated statements of operations. Amortization of other acquired intangible assets, such as customer and user relationships, is charged to amortization of other acquired intangible assets in our consolidated statements of operations. If impairment events occur, they could accelerate the timing of acquired intangible asset charges.

(In millions)	Expected Future Amortization Expense
Fiscal year ending July 31,
2026	$	660
2027	633
2028	613
2029	593
2030	590
Thereafter	2,213
Total expected future amortization expense	$	5,302