v3.26.1
Financing Receivables (Tables)
9 Months Ended
Apr. 30, 2026
Receivables [Abstract]  
Schedule of Short and Long-term Financing Receivables
The following table summarizes our short-term and long-term financing receivables as of April 30, 2026 and July 31, 2025 (in millions):
April 30, 2026July 31, 2025
Short-term financing receivables, gross$661 $806 
Unearned income
(65)(86)
Allowance for credit losses(5)(5)
Short-term financing receivables, net$591 $715 
Long-term financing receivables, gross$834 $1,079 
Unearned income
(47)(69)
Allowance for credit losses(8)(8)
Long-term financing receivables, net$779 $1,002 
Schedule of Financing Receivable Credit Quality Indicators
The following table presents amortized cost basis of our financing receivables categorized by internal risk rating and year of origination (in millions):
Internal Risk Rating(1)
April 30, 2026July 31, 2025
Fiscal Year of Origination
Fiscal Year of Origination
20262025202420232022Total20252024202320222021Total
1 to 4
$95 $223 $553 $126 $$1,002 $261 $732 $242 $$18 $1,262 
5 to 6
109 104 120 10 — 343 174 226 50 — — 450 
7 to 10
— 25 — 38 — 14 — — 18 
Amortized cost basis of financing receivables
$204 $352 $682 $140 $$1,383 $435 $962 $306 $$18 $1,730 
(1)Internal risk ratings are categorized as 1 through 10, with the lowest rating representing the highest quality.