v3.26.1
Fair Value Measurements (Tables)
 9 Months Ended
Apr. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table summarizes financial assets that we measured at fair value on a recurring basis at the dates indicated, classified in accordance with the fair value hierarchy described above.
April 30, 2026July 31, 2025
(In millions)Level 1Level 2Total
Fair Value		Level 1Level 2Total
Fair Value
Assets:      
Cash equivalents, primarily money market funds
$1,852 $— $1,852 $1,790 $— $1,790 
Available-for-sale debt securities:      
Corporate notes— 607 607 — 502 502 
U.S. agency securities— 1,642 1,642 — 1,316 1,316 
Total available-for-sale debt securities— 2,249 2,249 — 1,818 1,818 
Total assets measured at fair value on a recurring basis$1,852 $2,249 $4,101 $1,790 $1,818 $3,608 
Schedule of Cash Equivalents and Available-for-sale Debt and Equity Securities
The following table summarizes our cash equivalents and available-for-sale debt securities by balance sheet classification and level in the fair value hierarchy at the dates indicated.
April 30, 2026July 31, 2025
(In millions)Level 1Level 2Total
Fair Value		Level 1Level 2Total
Fair Value
Cash equivalents:      
In cash and cash equivalents$1,852 $— $1,852 $1,790 $— $1,790 
Available-for-sale debt securities:      
In investments$— $2,099 $2,099 $— $1,668 $1,668 
In funds receivable and amounts held for customers— 150 150 — 150 150 
Total available-for-sale debt securities$— $2,249 $2,249 $— $1,818 $1,818 
Equity Securities without Readily Determinable Fair Value
The following table summarizes the adjustments to the carrying value of our long-term investments.
Three Months EndedNine Months Ended
(In millions)April 30,
2026		April 30,
2025		April 30,
2026		April 30,
2025
Upward adjustments
$46 $— $104 $8 
Downward adjustments, including impairments
— — — (51)
Net adjustments
$46 $— $104 $(43)