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Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 31, 2018
Jul. 31, 2017
Current assets:    
Cash and cash equivalents $ 1,464 $ 529
Investments 252 248
Accounts receivable, net of allowance for doubtful accounts of $5 and $46 98 103
Income taxes receivable 39 63
Prepaid expenses and other current assets 184 100
Current assets before funds held for customers 2,037 1,043
Funds held for customers 367 372
Total current assets 2,404 1,415
Long-term investments 13 31
Property and equipment, net 812 1,030
Goodwill 1,611 1,295
Acquired intangible assets, net 61 22
Long-term deferred income taxes 87 132
Other assets 190 143
Total assets 5,178 4,068
Current liabilities:    
Short-term debt 50 50
Accounts payable 178 157
Accrued compensation and related liabilities 369 300
Deferred revenue 961 887
Other current liabilities 191 178
Current liabilities before customer fund deposits 1,749 1,572
Customer fund deposits 367 372
Total current liabilities 2,116 1,944
Long-term debt 388 438
Long-term deferred revenue 197 202
Other long-term obligations 123 130
Total liabilities 2,824 2,714
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 - 258,616 shares at July 31, 2018 and 255,668 shares at July 31, 2017 3 3
Additional paid-in capital 5,335 4,854
Treasury stock, at cost (11,050) (10,778)
Accumulated other comprehensive loss (35) (22)
Retained earnings 8,101 7,297
Total stockholders’ equity 2,354 1,354
Total liabilities and stockholders’ equity $ 5,178 $ 4,068