XML 42 R27.htm IDEA: XBRL DOCUMENT v3.25.3
Debt (Tables)
3 Months Ended
Oct. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
The carrying value of our debt was as follows at the dates indicated:
(Dollars in millions)
October 31,
2025
July 31,
2025
Effective
Interest Rate
Senior unsecured notes issued June 2020:
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 facilities1,180 1,014 
Total principal balance of debt6,180 6,014 
Unamortized discount and debt issuance costs(40)(41)
Net carrying value of debt$6,140 $5,973 
Short-term debt$749 $— 
Long-term debt$5,391 $5,973 
Schedule of Maturities of Long-Term Debt
Future principal payments for debt at October 31, 2025 were as shown in the table below.
(In millions)
Future Principal Payments
Fiscal year ending July 31, 
2026 (excluding the three months ended October 31, 2025)$— 
20271,250 
2028400 
20291,530 
2030500 
Thereafter2,500 
Total future principal payments for debt$6,180