XML 49 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1
Description of Business and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jul. 31, 2017
Accounting Policies [Abstract]  
Composition of shares used in the computation of basic and diluted net income per share The following table presents the composition of shares used in the computation of basic and diluted net income per share for the periods indicated.
 
Twelve Months Ended July 31,
(In millions, except per share amounts)
2017
 
2016
 
2015
Numerator:
 
 
 
 
 
Net income from continuing operations
$
971

 
$
806

 
$
413

Net income (loss) from discontinued operations

 
173

 
(48
)
Net income
$
971

 
$
979

 
$
365

Denominator:
 
 
 
 
 
Shares used in basic per share amounts:
 
 
 
 
 
Weighted average common shares outstanding
257

 
262

 
281

Shares used in diluted per share amounts:
 
 
 
 
 
Weighted average common shares outstanding
257

 
262

 
281

Dilutive common equivalent shares from stock options and restricted stock awards
4

 
3

 
5

Dilutive weighted average common shares outstanding
261

 
265

 
286

 
 
 
 
 
 
Basic and diluted net income per share:
 
 
 
 
 
Basic net income per share from continuing operations
$
3.78

 
$
3.08

 
$
1.47

Basic net income (loss) per share from discontinued operations

 
0.65

 
(0.17
)
Basic net income per share
$
3.78

 
$
3.73

 
$
1.30

Diluted net income per share from continuing operations
$
3.72

 
$
3.04

 
$
1.45

Diluted net income (loss) per share from discontinued operations

 
0.65

 
(0.17
)
Diluted net income per share
$
3.72

 
$
3.69

 
$
1.28

 
 
 
 
 
 
Weighted average stock options and restricted stock units excluded from
    calculation due to anti-dilutive effect
3

 
2

 
2