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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 31, 2020
Jul. 31, 2020
Current assets:    
Cash and cash equivalents $ 5,174 $ 6,442
Investments 619 608
Accounts receivable, net 99 149
Income taxes receivable 29 12
Prepaid expenses and other current assets 246 314
Current assets before funds held for customers 6,167 7,525
Funds held for customers 484 455
Total current assets 6,651 7,980
Long-term investments 28 19
Property and equipment, net 743 734
Operating lease right-of-use assets 232 226
Goodwill 1,697 1,654
Acquired intangible assets, net 63 28
Long-term deferred income taxes 60 65
Other assets 233 225
Total assets 9,707 10,931
Current liabilities:    
Short-term debt 325 1,338
Accounts payable 256 305
Accrued compensation and related liabilities 233 482
Deferred revenue 574 652
Other current liabilities 280 297
Current liabilities before customer fund deposits 1,668 3,074
Customer fund deposits 484 455
Total current liabilities 2,152 3,529
Long-term debt 2,032 2,031
Operating lease liabilities 228 221
Long-term obligations due after one year 50 44
Total liabilities 4,462 5,825
Commitments and contingencies
Stockholders’ equity:    
Preferred stock 0 0
Common stock and additional paid-in capital 6,283 6,182
Treasury stock, at cost (11,929) (11,929)
Accumulated other comprehensive loss (35) (32)
Retained earnings 10,926 10,885
Total stockholders’ equity 5,245 5,106
Total liabilities and stockholders’ equity $ 9,707 $ 10,931