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Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 31, 2015
Jul. 31, 2014
Current assets:    
Cash and cash equivalents $ 808 $ 849
Investments 889 1,065
Accounts receivable, net of allowance for doubtful accounts of $45 and $40 91 115
Income taxes receivable 84 35
Deferred income taxes 231 124
Prepaid expenses and other current assets 94 115
Current assets of discontinued operations 26 29
Current assets before funds held for customers 2,223 2,332
Funds held for customers 337 289
Total current assets 2,560 2,621
Long-term investments 27 31
Property and equipment, net 682 589
Goodwill 1,266 1,323
Acquired intangible assets, net 87 133
Other assets 111 108
Long-term assets of discontinued operations 235 396
Total assets 4,968 5,201
Current liabilities:    
Accounts payable 190 145
Accrued compensation and related liabilities 283 262
Deferred revenue 691 495
Other current liabilities 150 150
Current liabilities of discontinued operations 93 80
Current liabilities before customer fund deposits 1,407 1,132
Customer fund deposits 337 289
Total current liabilities 1,744 1,421
Long-term debt 500 499
Long-term deferred revenue 152 3
Other long-term obligations 172 166
Long-term obligations of discontinued operations 68 34
Total liabilities $ 2,636 $ 2,123
Commitments and contingencies    
Stockholders’ equity:    
Preferred stock, $0.01 par value Authorized - 1,345 shares total; 145 shares designated Series A; 250 shares designated Series B Junior Participating Issued and outstanding - None $ 0 $ 0
Common stock, $0.01 par value Authorized - 750,000 shares Outstanding - 277,706 shares at July 31, 2015 and 284,950 shares at July 31, 2014 3 3
Additional paid-in capital 4,007 3,558
Treasury stock, at cost (7,675) (6,430)
Accumulated other comprehensive loss (30) (2)
Retained earnings 6,027 5,949
Total stockholders’ equity 2,332 3,078
Total liabilities and stockholders’ equity $ 4,968 $ 5,201