v3.26.1
Income Taxes - Components of deferred tax assets and liabilities (Details) - USD ($)
$ in Millions
Jul. 31, 2026
Jul. 31, 2025
Deferred tax assets:    
Accruals and reserves not currently deductible $ 98 $ 72
Capitalized research and development 673 1,895
Operating lease liabilities 176 173
Accrued and deferred compensation 154 116
Loss and tax credit carryforwards 243 277
Share-based compensation 106 113
Other, net 27 24
Total gross deferred tax assets 1,477 2,670
Valuation allowance (257) (290)
Total deferred tax assets 1,220 2,380
Deferred tax liabilities:    
Operating lease right-of-use assets 139 140
Intangibles 1,012 950
Property and equipment 29 32
Other, net 107 56
Total deferred tax liabilities 1,287 1,178
Components of total net deferred tax assets, net of valuation allowances, as shown on our consolidated balance sheets    
Long-term deferred income tax assets 172 1,222
Long-term deferred income tax liabilities (239) (20)
Net deferred tax liabilities $ (67)  
Net deferred tax assets   $ 1,202