Cash and Cash Equivalents, Investments and Funds Held for Customers (Tables)

3 Months Ended

Oct. 31, 2013

Cash and Cash Equivalents, Investments and Funds Held for Customers [Abstract]

Cash and cash equivalents, investments and funds held for customers by balance sheet classification

The following table summarizes our cash and cash equivalents, investments, and funds held for customers by balance sheet classification at the dates indicated.

	October 31, 2013				July 31, 2013
(In millions)	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Classification on balance sheets:
Cash and cash equivalents	$	417	$	417	$	1,009	$	1,009
Investments	670		699		653		652
Funds held for customers	228		228		235		235
Long-term investments	45		45		54		83
Total cash and cash equivalents, investments, and funds held for customers	$	1,360	$	1,389	$	1,951	$	1,979

Cash and cash equivalents, investments and funds held for customers by investment category

The following table summarizes our cash and cash equivalents, investments, and funds held for customers by investment category at the dates indicated. See Note 2, “Fair Value Measurements,” for more information on our municipal auction rate securities.

	October 31, 2013				July 31, 2013
(In millions)	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Type of issue:
Total cash and cash equivalents	$	470	$	470	$	1,069	$	1,069
Available-for-sale debt securities:
Municipal bonds	499		500		489		489
Corporate notes	268		269		269		269
U.S. agency securities	73		73		69		69
Municipal auction rate securities	28		28		33		33
Total available-for-sale debt securities	868		870		860		860
Available-for-sale corporate equity securities	5		32		5		33
Other long-term investments	17		17		17		17
Total cash and cash equivalents, investments, and funds held for customers	$	1,360	$	1,389	$	1,951	$	1,979

Available-for-sale debt securities classified by the stated maturity date of the security

The following table summarizes our available-for-sale debt securities classified by the stated maturity date of the security at the dates indicated.

	October 31, 2013				July 31, 2013
(In millions)	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due within one year	$	239	$	239	$	234	$	235
Due within two years	297		298		245		245
Due within three years	183		184		211		210
Due after three years	149		149		170		170
Total available-for-sale debt securities	$	868	$	870	$	860	$	860