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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 31, 2018
Jul. 31, 2017
Jul. 31, 2016
Net revenue:      
Total net revenue $ 5,964 $ 5,177 $ 4,694
Cost of revenue:      
Amortization of acquired technology 15 12 22
Selling and marketing 1,634 1,420 1,289
Research and development 1,186 998 881
General and administrative 664 553 518
Amortization of other acquired intangible assets 6 2 12
Total costs and expenses 4,467 3,782 3,452
Operating income from continuing operations 1,497 1,395 1,242
Interest expense (20) (31) (35)
Interest and other income (expense), net 26 3 (4)
Income from continuing operations before income taxes 1,503 1,367 1,203
Income tax provision 292 396 397
Net income from continuing operations 1,211 971 806
Net income from discontinued operations 0 0 173
Net income $ 1,211 $ 971 $ 979
Basic net income per share from continuing operations (in dollars per share) $ 4.72 $ 3.78 $ 3.08
Basic net income per share from discontinued operations (in dollars per share) 0 0 0.65
Basic net income per share (in dollars per share) $ 4.72 $ 3.78 $ 3.73
Shares used in basic per share calculations (in shares) 256 257 262
Diluted net income per share from continuing operations (in dollars per share) $ 4.64 $ 3.72 $ 3.04
Diluted net income per share from discontinued operations (in dollars per share) 0 0 0.65
Diluted net income per share (in dollars per share) $ 4.64 $ 3.72 $ 3.69
Shares used in diluted per share calculations (in shares) 261 261 265
Cash dividends declared per common share (in dollars per share) $ 1.56 $ 1.36 $ 1.20
Product      
Net revenue:      
Total net revenue $ 1,462 $ 1,376 $ 1,289
Cost of revenue:      
Cost of revenue 112 120 131
Service and other      
Net revenue:      
Total net revenue 4,502 3,801 3,405
Cost of revenue:      
Cost of revenue $ 850 $ 677 $ 599