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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions
12 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2009
Cash flows from operating activities:      
Net income $ 634 $ 574 $ 447
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 164 148 149
Amortization of acquired intangible assets 77 108 126
Goodwill and intangible asset impairment charge 30 0 0
Share-based compensation expense 153 135 133
Pre-tax gain on sale of discontinued operations 0 [1] (58) [1] 0 [1]
Deferred income taxes 31 (69) 22
Tax benefit from share-based compensation plans 81 36 18
Excess tax benefit from share-based compensation plans (71) (18) (9)
Other 19 23 13
Total adjustments 484 305 452
Changes in operating assets and liabilities:      
Accounts receivable (36) 2 (18)
Prepaid expenses, income taxes receivable and other assets (70) 20 (12)
Accounts payable (24) 40 (7)
Accrued compensation and related liabilities 8 33 (55)
Deferred revenue 28 32 26
Income taxes payable (15) 14 (18)
Other liabilities 4 (22) (3)
Total changes in operating assets and liabilities (105) 119 (87)
Net cash provided by operating activities 1,013 998 812
Cash flows from investing activities:      
Purchases of available-for-sale debt securities (1,257) (3,029) (550)
Sales of available-for-sale debt securities 1,626 1,660 426
Maturities of available-for-sale debt securities 328 474 57
Net change in money market funds and other cash equivalents held to satisfy customer fund obligations (51) 82 366
Net change in customer fund deposits 77 65 (366)
Purchases of property and equipment (114) (74) (131)
Capitalization of internal use software (99) (56) (51)
Acquisitions of intangible assets (15) (13) (20)
Acquisitions of businesses, net of cash acquired 0 (218) (161)
Proceeds from divestiture of businesses 0 122 0
Other 2 (10) (2)
Net cash provided by (used in) investing activities 497 (997) (432)
Cash flows from financing activities:      
Net proceeds from issuance of common stock under stock plans 338 440 198
Tax payments related to issuance of restricted stock units (55) (24) (15)
Purchases of treasury stock (1,360) (900) (300)
Excess tax benefit from share-based compensation plans 71 18 9
Other 0 (1) (2)
Net cash used in financing activities (1,006) (467) (110)
Effect of exchange rates on cash and cash equivalents 4 1 (4)
Net increase (decrease) in cash and cash equivalents 508 (465) 266
Cash and cash equivalents at beginning of period 214 679 413
Cash and cash equivalents at end of period 722 214 679
Supplemental disclosure of cash flow information:      
Interest paid 60 61 56
Income taxes paid 270 277 190
License fee payable incurred for acquisition of purchased intangible assets $ 0 $ 0 $ 69
[1] Because the cash flows of our discontinued operations were not material for any period presented, we have not segregated the cash flows of those businesses on these statements of cash flows. We have presented the effect of the gain on disposal of discontinued operations on these statements of cash flows. See Note 8 for more information.