Goodwill and Acquired Intangbile Asstes (Tables)

12 Months Ended

Jul. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

(In millions)	Balance July 31, 2011		Goodwill Acquired/ Adjusted		Balance July 31, 2012		Goodwill Acquired/ Adjusted			Goodwill Impairment Charges			Balance July 31, 2013
Financial Management Solutions	$	151	$	316	$	467	$	(2	)	—			$	465
Employee Management Solutions	271		—		271		—			—			271
Payment Solutions	182		9		191		—			—			191
Consumer Tax	30		—		30		—			—			30
Accounting Professionals	90		—		90		—			—			90
Other Businesses	236		1		237		—			(38		)	199
Totals	$	960	$	326	$	1,286	$	(2	)	$	(38	)	$	1,246

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

The following table shows the cost, accumulated amortization and weighted average life in years for our acquired intangible assets at the dates indicated.

(Dollars in millions)	Customer Lists			Purchased Technology			Trade Names and Logos			Covenants Not to Compete or Sue			Total
At July 31, 2013:
Cost	$	306		$	277		$	32		$	33		$	648
Accumulated amortization	(249		)	(207		)	(20		)	(23		)	(499		)
Acquired intangible assets, net	$	57		$	70		$	12		$	10		$	149
Weighted average life in years	7			6			6			9			7
At July 31, 2012:
Cost	$	345		$	304		$	33		$	33		$	715
Accumulated amortization	(255		)	(214		)	(18		)	(21		)	(508		)
Acquired intangible assets, net	$	90		$	90		$	15		$	12		$	207
Weighted average life in years	6			6			6			8			7

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

(In millions)	Expected Future Amortization Expense
Twelve months ending July 31,
2014	$	43
2015	39
2016	28
2017	19
2018	13
Thereafter	7
Total expected future amortization expense	$	149