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Discontinued Operations Discontinued Operations (Tables)
12 Months Ended
Jul. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]
Net revenue from discontinued operations, income or loss from discontinued operations before income taxes, and the components of net income (loss) from discontinued operations were as follows for the periods indicated:

 
Twelve Months Ended July 31,
(In millions)
2013
 
2012
 
2011
Net revenue from discontinued operations:
 
 
 
 
 
Intuit Financial Services
$
325

 
$
326

 
$
311

Intuit Health
16

 
18

 
12

Intuit Websites
10

 
76

 
79

Total net revenue from discontinued operations
$
351

 
$
420

 
$
402

 
 
 
 
 
 
Income (loss) from discontinued operations before income taxes:
 
 
 
 
 
Intuit Financial Services
$
52

 
$
41

 
$
21

Intuit Health
(71
)
 
(29
)
 
(67
)
Intuit Websites

 
(18
)
 
(30
)
Total loss from discontinued operations before income taxes
$
(19
)
 
$
(6
)
 
$
(76
)
 
 
 
 
 
 
Net income (loss) from discontinued operations:
 
 
 
 
 
Net income from Intuit Financial Services operations
$
34

 
$
23

 
$
14

Net gain on disposal of Intuit Financial Services discontinued operations
8

 

 

Net loss from Intuit Health operations
(57
)
 
(20
)
 
(50
)
Net gain on disposal of Intuit Health discontinued operations
18

 

 

Net loss from Intuit Websites operations

 
(11
)
 
(18
)
Net gain on disposal of Intuit Websites discontinued operations
32

 
36

 

Total net income (loss) from discontinued operations
$
35

 
$
28

 
$
(54
)
The carrying amounts of the major classes of assets and liabilities of IFS at July 31, 2013 and July 31, 2012 were as shown in the following table. These carrying amounts approximated fair value.

 
July 31,
(In millions)
2013
 
2012
Accounts receivable
$
40

 
$
41

Other current assets
4

 
5

Property and equipment, net
31

 
24

Goodwill
914

 
914

Purchased intangible assets, net
4

 
6

Other assets
6

 
12

Total assets
999

 
1,002

 
 
 
 
Accounts payable
15

 
18

Accrued compensation
21

 
17

Deferred revenue
3

 
4

Long-term obligations
9

 
10

Total liabilities
48

 
49

Net assets
$
951

 
$
953