Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 31, 2019	Jul. 31, 2018
Current assets:
Cash and cash equivalents	$ 2,116	$ 1,464
Investments	624	252
Accounts receivable, net of allowance for doubtful accounts of $3 and $5	87	98
Income taxes receivable	65	39
Prepaid expenses and other current assets	266	202
Current assets before funds held for customers	3,158	2,055
Funds held for customers	436	367
Total current assets	3,594	2,422
Long-term investments	13	13
Property and equipment, net	780	812
Goodwill	1,655	1,611
Acquired intangible assets, net	54	61
Other assets	187	215
Total assets	6,283	5,134
Current liabilities:
Short-term debt	50	50
Accounts payable	274	178
Accrued compensation and related liabilities	385	369
Deferred revenue	619	581
Other current liabilities	202	198
Current liabilities before customer fund deposits	1,530	1,376
Customer fund deposits	436	367
Total current liabilities	1,966	1,743
Long-term debt	386	388
Long-term deferred income tax liabilities	37	68
Other long-term obligations	145	119
Total liabilities	2,534	2,318
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 - 260,180 shares at July 31, 2019 and 258,616 shares at July 31, 2018	3	3
Additional paid-in capital	5,772	5,335
Treasury stock, at cost	(11,611)	(11,050)
Accumulated other comprehensive loss	(36)	(36)
Retained earnings	9,621	8,564
Total stockholders’ equity	3,749	2,816
Total liabilities and stockholders’ equity	$ 6,283	$ 5,134