Long-Term Obligations and Commitments (Tables)

12 Months Ended

Jul. 31, 2011

Long-Term Obligations and Commitments [Abstract]

Schedule of Long-term Debt Instruments

The following table summarizes our senior unsecured notes:

	July 31,
(In millions)	2011			2010
Senior notes:
5.40% fixed-rate notes, due 2012	$	500		$	500
5.75% fixed-rate notes, due 2017	500			500
Total senior notes	1,000			1,000
Unamortized discount	(1		)	(2		)
Total senior notes	$	999		$	998
Reported as:
Current portion of long-term debt	$	500		$	—
Long-term debt	499			998
Total senior notes	$	999		$	998

Other long-term obligations

Other long-term obligations were as follows at the dates indicated:

	July 31,
(In millions)	2011			2010
Total license fee payable	$	60		$	65
Total deferred rent	52			60
Long-term deferred revenue	40			29
Long-term income tax liabilities	42			20
Long-term payables	12			—
Other	1			3
Total long-term obligations	207			177
Less current portion (included in other current liabilities)	(17		)	(19		)
Long-term obligations due after one year	$	190		$	158

Operating Leases of Lessee Disclosure

Annual minimum commitments under operating leases and purchase obligations at July 31, 2011 were as shown in the table below.

(In millions)	Operating Lease Commitments		Purchase Obligations
Fiscal year ending July 31,
2012	$	52	$	78
2013	46		48
2014	45		44
2015	43		40
2016	43		40
Thereafter	215		37
Total operating lease commitments	$	444	$	287