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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Jul. 31, 2017
Net revenue:      
Total net revenue $ 6,784 $ 6,025 $ 5,196
Cost of revenue:      
Amortization of acquired technology 20 15 12
Selling and marketing 1,927 1,631 1,415
Research and development 1,233 1,186 998
General and administrative 597 664 553
Amortization of other acquired intangible assets 6 6 2
Total costs and expenses 4,930 4,465 3,778
Operating income 1,854 1,560 1,418
Interest expense (15) (20) (31)
Interest and other income, net 42 26 3
Income before income taxes 1,881 1,566 1,390
Income tax provision 324 237 405
Net income $ 1,557 $ 1,329 $ 985
Basic net income per share (in dollars per share) $ 5.99 $ 5.18 $ 3.83
Shares used in basic per share calculations (in shares) 260 256 257
Diluted net income per share (in dollars per share) $ 5.89 $ 5.09 $ 3.78
Shares used in diluted per share calculations (in shares) 264 261 261
Cash dividends declared per common share (in dollars per share) $ 1.88 $ 1.56 $ 1.36
Product      
Net revenue:      
Total net revenue $ 1,623 $ 1,624 $ 1,483
Cost of revenue:      
Cost of revenue 77 82 89
Service and other      
Net revenue:      
Total net revenue 5,161 4,401 3,713
Cost of revenue:      
Cost of revenue $ 1,070 $ 881 $ 709