XML 67 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 30, 2020
Jul. 31, 2019
Current assets:    
Cash and cash equivalents $ 3,371 $ 2,116
Investments 600 624
Accounts receivable, net 219 87
Income taxes receivable 6 65
Prepaid expenses and other current assets 277 266
Current assets before funds held for customers 4,473 3,158
Funds held for customers 389 436
Total current assets 4,862 3,594
Long-term investments 19 13
Property and equipment, net 745 780
Operating lease right-of-use assets 220  
Goodwill 1,653 1,655
Acquired intangible assets, net 34 54
Other assets 231 187
Total assets 7,764 6,283
Current liabilities:    
Short-term debt 350 50
Accounts payable 384 274
Accrued compensation and related liabilities 348 385
Deferred revenue 632 619
Income taxes payable 325 4
Other current liabilities 285 198
Current liabilities before customer fund deposits 2,324 1,530
Customer fund deposits 389 436
Total current liabilities 2,713 1,966
Long-term debt 48 386
Long-term deferred income tax liabilities 22 37
Operating lease liabilities 215  
Long-term obligations due after one year 26 145
Total liabilities 3,024 2,534
Commitments and contingencies
Stockholders’ equity:    
Preferred stock 0 0
Common stock and additional paid-in capital 6,132 5,775
Treasury stock, at cost (11,929) (11,611)
Accumulated other comprehensive loss (44) (36)
Retained earnings 10,581 9,621
Total stockholders’ equity 4,740 3,749
Total liabilities and stockholders’ equity $ 7,764 $ 6,283