v3.26.1
Other Liabilities and Commitments
12 Months Ended
Jul. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
Other Liabilities and Commitments
8. Other Liabilities and Commitments
Other Current Liabilities
Other current liabilities were as follows at the dates indicated:
July 31,
(In millions)20262025
Executive deferred compensation plan liabilities$308 $248 
Interest payable98 85 
Current portion of operating lease liabilities85 69 
Sales, property, and other taxes68 55 
Reserve for returns, credits, and promotional discounts54 39 
Excise tax on share repurchases41 
Amounts due for share repurchases31 14 
Other178 108 
Total other current liabilities$863 $625 
Other Long-Term Obligations
Other long-term obligations were as follows at the dates indicated:
July 31,
(In millions)20262025
Income tax liabilities$247 $238 
Other58 50 
Total other long-term obligations$305 $288 
Unconditional Purchase Obligations
In the ordinary course of business, we enter into certain unconditional purchase obligations with our suppliers. These are agreements to purchase products and services that are enforceable, legally binding, and specify terms that include fixed or minimum quantities to be purchased; fixed, minimum, or variable price provisions; and the approximate timing of the payments.
As of July 31, 2026, our commitments under purchase obligations, primarily related to a cloud services agreement, were as shown in the table below.
(In millions)Purchase
Obligations
Fiscal year ending July 31,
2027$1,160 
20281,169 
2029910 
2030467 
2031460 
Thereafter768 
Total commitments$4,934