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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Cash flows from operating activities:    
Net income $ 2,122 $ 1,682
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 142 122
Amortization of acquired intangible assets 396 128
Non-cash operating lease cost 62 45
Share-based compensation expense 962 509
Deferred income taxes 106 69
Other (21) (49)
Total adjustments 1,647 824
Originations of loans held for sale 0 (41)
Sale and principal payments of loans held for sale 0 144
Changes in operating assets and liabilities:    
Accounts receivable (323) (267)
Income taxes receivable 117 68
Prepaid expenses and other assets (88) (7)
Accounts payable 86 194
Accrued compensation and related liabilities (392) (122)
Deferred revenue (2) (13)
Income taxes payable 195 206
Operating lease liabilities (62) (45)
Other liabilities 250 85
Total changes in operating assets and liabilities (219) 99
Net cash provided by operating activities 3,550 2,708
Cash flows from investing activities:    
Purchases of corporate and customer fund investments (583) (904)
Sales of corporate and customer fund investments 1,448 152
Maturities of corporate and customer fund investments 177 401
Purchases of property and equipment (168) (101)
Acquisitions of businesses, net of cash acquired (5,682) (3,064)
Originations of term loans to small businesses (613) (135)
Principal repayments of term loans from small businesses 320 86
Other (9) 37
Net cash used in investing activities (5,110) (3,528)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 4,700 0
Repayments on borrowings under unsecured revolving credit facility 0 (1,000)
Proceeds from borrowings under secured revolving credit facility 122 0
Repayment of debt 0 (338)
Proceeds from issuance of stock under employee stock plans 116 137
Payments for employee taxes withheld upon vesting of restricted stock units (465) (245)
Cash paid for purchases of treasury stock (1,337) (542)
Dividends and dividend rights paid (580) (482)
Net change in customer fund deposits 82 (107)
Other (9) (2)
Net cash provided by (used in) financing activities 2,629 (2,579)
Effect of exchange rates on cash, cash equivalents, restricted cash, and restricted cash equivalents (18) 14
Net increase (decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents 1,051 (3,385)
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period 2,819 6,697
Cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period 3,870 3,312
Reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents reported within the condensed consolidated balance sheets to the total amounts reported on the condensed consolidated statements of cash flows    
Cash and cash equivalents 3,531 3,164
Restricted cash and restricted cash equivalents included in funds held for customers 339 148
Total cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period 3,870 3,312
Supplemental schedule of non-cash investing activities:    
Issuance of common stock in business combinations $ 6,316 $ 3,798