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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
6 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Cash flows from operating activities:    
Net income $ 208 $ 328
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 94 96
Amortization of acquired intangible assets 324 233
Non-cash operating lease cost 46 40
Share-based compensation expense 845 616
Deferred income taxes (290) (12)
Other 42 (29)
Total adjustments 1,061 944
Changes in operating assets and liabilities:    
Accounts receivable (456) (472)
Income taxes receivable 27 (117)
Prepaid expenses and other assets (108) (133)
Accounts payable 60 84
Accrued compensation and related liabilities (75) (523)
Deferred revenue 40 83
Operating lease liabilities (38) (41)
Other liabilities (107) 77
Total changes in operating assets and liabilities (657) (1,042)
Net cash provided by operating activities 612 230
Cash flows from investing activities:    
Purchases of corporate and customer fund investments (388) (318)
Sales of corporate and customer fund investments 125 1,429
Maturities of corporate and customer fund investments 225 154
Purchases of property and equipment (132) (107)
Acquisitions of businesses, net of cash acquired (33) (5,682)
Originations and purchases of loans (1,015) (317)
Principal repayments of loans 530 175
Other (16) (16)
Net cash used in investing activities (704) (4,682)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 0 4,700
Repayment of debt (9) 0
Proceeds from borrowings under secured revolving credit facilities 175 2
Repayments on borrowings under secured revolving credit facilities (16) 0
Proceeds from issuance of stock under employee stock plans 81 75
Payments for employee taxes withheld upon vesting of restricted stock units (259) (355)
Cash paid for purchases of treasury stock (1,017) (874)
Dividends and dividend rights paid (446) (385)
Net change in funds receivable and funds payable and amounts due to customers (199) (82)
Cash received from a bank partner 336 0
Other (1) (9)
Net cash provided by (used in) financing activities (1,355) 3,072
Effect of exchange rates on cash, cash equivalents, restricted cash, and restricted cash equivalents (1) (6)
Net decrease in cash, cash equivalents, restricted cash, and restricted cash equivalents (1,448) (1,386)
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period 2,997 2,819
Cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period 1,549 1,433
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 1,547 1,257
Restricted cash and restricted cash equivalents included in funds receivable and amounts held for customers 2 176
Total cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period 1,549 1,433
Supplemental schedule of non-cash investing activities:    
Issuance of common stock in business combinations $ 0 $ 6,316