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Property and Equipment
 12 Months Ended
Jul. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment
5. Property and Equipment
Property and equipment consisted of the following at the dates indicated:
 Life inJuly 31,
(Dollars in millions)Years20232022
Equipment
3-5
$214 $208 
Computer software
2-6
898 911 
Furniture and fixtures5104 101 
Leasehold improvements
2-16
404 366 
Land
NA
79 79 
Buildings
5-30
382 378 
Capital in progressNA360 283 
  2,441 2,326 
Less accumulated depreciation and amortization (1,472)(1,438)
Total property and equipment, net $969 $888 
__________________________
NA = Not Applicable
Capital in progress at July 31, 2023 and 2022, consisted primarily of costs related to various buildings and site improvements that have not yet been placed into service.
As discussed in Note 1, “Description of Business and Summary of Significant Accounting Policies – Internal Use Software,” we capitalize costs related to the development of computer software for internal use. We capitalized internal use software costs totaling $50 million for the twelve months ended July 31, 2023; $72 million for the twelve months ended July 31, 2022; and $72 million for the twelve months ended July 31, 2021. There was no capitalized labor in these amounts for the twelve months ended July 31, 2023. There was $13 million and $30 million of capitalized labor in these amounts for the twelve months ended July 31, 2022 and July 31, 2021, respectively. Costs related to internal use software projects are included in the capital in progress category of property and equipment until project completion, at which time they are transferred to the computer software category.