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Debt (Tables)
 12 Months Ended
Jul. 31, 2025
Debt Disclosure [Abstract]  
Carrying value of debt
The carrying value of our debt was as follows at the dates indicated:
 July 31,July 31,Effective
(Dollars in millions)
20252024Interest Rate
Senior unsecured notes issued June 2020:
0.950% notes due July 2025
$— $500 1.127%
1.350% notes due July 2027
500 500 1.486%
1.650% notes due July 2030
500 500 1.767%
Senior unsecured notes issued September 2023:
5.250% notes due September 2026
750 750 5.325%
5.125% notes due September 2028
750 750 5.258%
5.200% notes due September 2033
1,250 1,250 5.312%
5.500% notes due September 2053
1,250 1,250 5.576%
Secured revolving credit facilities1,014 585 
Total principal balance of debt6,014 6,085 
Unamortized discount and debt issuance costs(41)(47)
Net carrying value of debt$5,973 $6,038 
Short-term debt$— $499 
Long-term debt$5,973 $5,539 
Future principal payments for long-term debt
Future principal payments for debt at July 31, 2025 were as shown in the table below.
(In millions)
Fiscal year ending July 31,
2026$— 
20271,250 
2028300 
20291,464 
2030500 
Thereafter2,500 
Total future principal payments for debt$6,014