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Segment Information
9 Months Ended
Apr. 30, 2011
Segment Information [Abstract]  
Segment Information
12. Segment Information
We have defined seven reportable segments based on factors such as how we manage our operations and how our chief operating decision maker views results. We define the chief operating decision maker as our Chief Executive Officer and our Chief Financial Officer. Our chief operating decision maker organizes and manages our business primarily on the basis of product and service offerings.
All of our business segments except Other Businesses operate primarily in the United States and sell primarily to customers in the United States. International total net revenue was less than 5% of consolidated total net revenue for all periods presented.
We include expenses such as corporate selling and marketing, product development, and general and administrative expenses and share-based compensation expenses that are not allocated to specific segments in unallocated corporate items. Unallocated corporate items also include amortization of acquired technology and amortization of other acquired intangible assets.
The accounting policies of our reportable segments are the same as those described in the summary of significant accounting policies in Note 1 to the financial statements in Item 8 of our Annual Report on Form 10-K for the fiscal year ended July 31, 2010. Except for goodwill and purchased intangible assets, we do not generally track assets by reportable segment and, consequently, we do not disclose total assets by reportable segment.
The following table shows our financial results by reportable segment for the periods indicated. Results for our Other Businesses segment for the nine months ended April 30, 2010 have been adjusted to exclude results for our Intuit Real Estate Solutions business, which we sold in January 2010. See Note 6.
                                 
    Three Months Ended     Nine Months Ended  
    April 30,     April 30,     April 30,     April 30,  
(In millions)   2011     2010     2011     2010  
 
Net revenue:
                               
Financial Management Solutions
  $ 183     $ 164     $ 524     $ 452  
Employee Management Solutions
    115       103       338       305  
Payment Solutions
    93       79       258       233  
Consumer Tax
    1,036       880       1,270       1,120  
Accounting Professionals
    225       205       372       351  
Financial Services
    89       85       254       247  
Other Businesses
    107       91       242       210  
 
                       
Total net revenue
  $ 1,848     $ 1,607     $ 3,258     $ 2,918  
 
                       
 
                               
Operating income:
                               
Financial Management Solutions
  $ 61     $ 44     $ 154     $ 106  
Employee Management Solutions
    70       63       197       180  
Payment Solutions
    20       15       44       50  
Consumer Tax
    853       714       877       771  
Accounting Professionals
    187       167       241       229  
Financial Services
    20       18       57       57  
Other Businesses
    42       38       59       63  
 
                       
Total segment operating income
    1,253       1,059       1,629       1,456  
Unallocated corporate items:
                               
Share-based compensation expense
    (39 )     (34 )     (112 )     (98 )
Other common expenses
    (138 )     (122 )     (403 )     (357 )
Amortization of acquired technology
    (4 )     (5 )     (13 )     (43 )
Amortization of other acquired intangible assets
    (11 )     (10 )     (33 )     (31 )
 
                       
Total unallocated corporate items
    (192 )     (171 )     (561 )     (529 )
 
                       
Total operating income from continuing operations
  $ 1,061     $ 888     $ 1,068     $ 927