0000896878 2025-08-01 2026-07-31 0000896878 2026-01-30 0000896878 2026-08-31 0000896878 us-gaap:ServiceMember 2025-08-01 2026-07-31 0000896878 us-gaap:ServiceMember 2024-08-01 2025-07-31 0000896878 us-gaap:ServiceMember 2023-08-01 2024-07-31 0000896878 intu:ProductAndOtherMember 2025-08-01 2026-07-31 0000896878 intu:ProductAndOtherMember 2024-08-01 2025-07-31 0000896878 intu:ProductAndOtherMember 2023-08-01 2024-07-31 0000896878 2024-08-01 2025-07-31 0000896878 2023-08-01 2024-07-31 0000896878 2026-07-31 0000896878 2025-07-31 0000896878 us-gaap:SeriesAPreferredStockMember 2026-07-31 0000896878 us-gaap:SeriesAPreferredStockMember 2025-07-31 0000896878 us-gaap:SeriesBPreferredStockMember 2026-07-31 0000896878 us-gaap:SeriesBPreferredStockMember 2025-07-31 0000896878 us-gaap:CommonStockMember 2023-07-31 0000896878 us-gaap:AdditionalPaidInCapitalMember 2023-07-31 0000896878 us-gaap:TreasuryStockCommonMember 2023-07-31 0000896878 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-07-31 0000896878 us-gaap:RetainedEarningsMember 2023-07-31 0000896878 2023-07-31 0000896878 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-08-01 2024-07-31 0000896878 us-gaap:RetainedEarningsMember 2023-08-01 2024-07-31 0000896878 us-gaap:CommonStockMember 2023-08-01 2024-07-31 0000896878 us-gaap:AdditionalPaidInCapitalMember 2023-08-01 2024-07-31 0000896878 us-gaap:TreasuryStockCommonMember 2023-08-01 2024-07-31 0000896878 us-gaap:CommonStockMember 2024-07-31 0000896878 us-gaap:AdditionalPaidInCapitalMember 2024-07-31 0000896878 us-gaap:TreasuryStockCommonMember 2024-07-31 0000896878 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-07-31 0000896878 us-gaap:RetainedEarningsMember 2024-07-31 0000896878 2024-07-31 0000896878 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-08-01 2025-07-31 0000896878 us-gaap:RetainedEarningsMember 2024-08-01 2025-07-31 0000896878 us-gaap:CommonStockMember 2024-08-01 2025-07-31 0000896878 us-gaap:AdditionalPaidInCapitalMember 2024-08-01 2025-07-31 0000896878 us-gaap:TreasuryStockCommonMember 2024-08-01 2025-07-31 0000896878 us-gaap:CommonStockMember 2025-07-31 0000896878 us-gaap:AdditionalPaidInCapitalMember 2025-07-31 0000896878 us-gaap:TreasuryStockCommonMember 2025-07-31 0000896878 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-07-31 0000896878 us-gaap:RetainedEarningsMember 2025-07-31 0000896878 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-08-01 2026-07-31 0000896878 us-gaap:RetainedEarningsMember 2025-08-01 2026-07-31 0000896878 us-gaap:CommonStockMember 2025-08-01 2026-07-31 0000896878 us-gaap:AdditionalPaidInCapitalMember 2025-08-01 2026-07-31 0000896878 us-gaap:TreasuryStockCommonMember 2025-08-01 2026-07-31 0000896878 us-gaap:CommonStockMember 2026-07-31 0000896878 us-gaap:AdditionalPaidInCapitalMember 2026-07-31 0000896878 us-gaap:TreasuryStockCommonMember 2026-07-31 0000896878 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2026-07-31 0000896878 us-gaap:RetainedEarningsMember 2026-07-31 0000896878 us-gaap:MaterialReconcilingItemsMember intu:ReorganizationOfCertainWorkplaceAndRealEstateFunctionsMember 2024-08-01 2025-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:ReorganizationOfCertainWorkplaceAndRealEstateFunctionsMember intu:GlobalBusinessSolutionsSegmentMember 2024-08-01 2025-07-31 0000896878 us-gaap:MaterialReconcilingItemsMember intu:ReorganizationOfCertainWorkplaceAndRealEstateFunctionsMember 2023-08-01 2024-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:ReorganizationOfCertainWorkplaceAndRealEstateFunctionsMember intu:GlobalBusinessSolutionsSegmentMember 2023-08-01 2024-07-31 0000896878 us-gaap:MaterialReconcilingItemsMember intu:ReorganizationOneOfCertainTechnologyFunctionsMember 2024-08-01 2025-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:ReorganizationOneOfCertainTechnologyFunctionsMember intu:ConsumerSegmentMember 2024-08-01 2025-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:ReorganizationOneOfCertainTechnologyFunctionsMember intu:ConsumerSegmentMember 2023-08-01 2024-07-31 0000896878 us-gaap:MaterialReconcilingItemsMember intu:ReorganizationOneOfCertainTechnologyFunctionsMember 2023-08-01 2024-07-31 0000896878 intu:SpecialPurposeVehiclesMember 2025-07-31 0000896878 intu:SpecialPurposeVehiclesMember 2026-07-31 0000896878 srt:MinimumMember 2026-07-31 0000896878 srt:MaximumMember 2026-07-31 0000896878 srt:MinimumMember us-gaap:SoftwareDevelopmentMember 2026-07-31 0000896878 srt:MaximumMember us-gaap:SoftwareDevelopmentMember 2026-07-31 0000896878 us-gaap:CostOfGoodsTotalMember us-gaap:SupplierConcentrationRiskMember 2025-08-01 2026-07-31 0000896878 us-gaap:FairValueInputsLevel1Member 2026-07-31 0000896878 us-gaap:FairValueInputsLevel2Member 2026-07-31 0000896878 us-gaap:FairValueInputsLevel1Member 2025-07-31 0000896878 us-gaap:FairValueInputsLevel2Member 2025-07-31 0000896878 us-gaap:CorporateNoteSecuritiesMember us-gaap:FairValueInputsLevel1Member 2026-07-31 0000896878 us-gaap:CorporateNoteSecuritiesMember us-gaap:FairValueInputsLevel2Member 2026-07-31 0000896878 us-gaap:CorporateNoteSecuritiesMember 2026-07-31 0000896878 us-gaap:CorporateNoteSecuritiesMember us-gaap:FairValueInputsLevel1Member 2025-07-31 0000896878 us-gaap:CorporateNoteSecuritiesMember us-gaap:FairValueInputsLevel2Member 2025-07-31 0000896878 us-gaap:CorporateNoteSecuritiesMember 2025-07-31 0000896878 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member 2026-07-31 0000896878 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member 2026-07-31 0000896878 us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2026-07-31 0000896878 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member 2025-07-31 0000896878 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member 2025-07-31 0000896878 us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2025-07-31 0000896878 us-gaap:FairValueInputsLevel1Member us-gaap:CashAndCashEquivalentsAtCarryingValue 2026-07-31 0000896878 us-gaap:FairValueInputsLevel2Member us-gaap:CashAndCashEquivalentsAtCarryingValue 2026-07-31 0000896878 us-gaap:CashAndCashEquivalentsAtCarryingValue 2026-07-31 0000896878 us-gaap:FairValueInputsLevel1Member us-gaap:CashAndCashEquivalentsAtCarryingValue 2025-07-31 0000896878 us-gaap:FairValueInputsLevel2Member us-gaap:CashAndCashEquivalentsAtCarryingValue 2025-07-31 0000896878 us-gaap:CashAndCashEquivalentsAtCarryingValue 2025-07-31 0000896878 us-gaap:FairValueInputsLevel1Member us-gaap:DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent 2026-07-31 0000896878 us-gaap:FairValueInputsLevel2Member us-gaap:DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent 2026-07-31 0000896878 us-gaap:DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent 2026-07-31 0000896878 us-gaap:FairValueInputsLevel1Member us-gaap:DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent 2025-07-31 0000896878 us-gaap:FairValueInputsLevel2Member us-gaap:DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent 2025-07-31 0000896878 us-gaap:DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent 2025-07-31 0000896878 us-gaap:FairValueInputsLevel1Member intu:FundsReceivableAndAmountsHeldForCustomers 2026-07-31 0000896878 us-gaap:FairValueInputsLevel2Member intu:FundsReceivableAndAmountsHeldForCustomers 2026-07-31 0000896878 intu:FundsReceivableAndAmountsHeldForCustomers 2026-07-31 0000896878 us-gaap:FairValueInputsLevel1Member intu:FundsReceivableAndAmountsHeldForCustomers 2025-07-31 0000896878 us-gaap:FairValueInputsLevel2Member intu:FundsReceivableAndAmountsHeldForCustomers 2025-07-31 0000896878 intu:FundsReceivableAndAmountsHeldForCustomers 2025-07-31 0000896878 intu:SeniorUnsecuredNotesMember us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2026-07-31 0000896878 intu:SeniorUnsecuredNotesMember us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2025-07-31 0000896878 intu:SeniorUnsecuredNotesMember 2026-07-31 0000896878 intu:SeniorUnsecuredNotesMember 2025-07-31 0000896878 us-gaap:FairValueInputsLevel3Member 2025-08-01 2026-07-31 0000896878 us-gaap:FairValueInputsLevel3Member 2024-08-01 2025-07-31 0000896878 us-gaap:FairValueInputsLevel3Member 2023-08-01 2024-07-31 0000896878 us-gaap:FairValueInputsLevel3Member 2026-07-31 0000896878 intu:CashAndCashEquivalentsIncludingFundsHeldForCustomersMember 2026-07-31 0000896878 intu:CashAndCashEquivalentsIncludingFundsHeldForCustomersMember 2025-07-31 0000896878 us-gaap:CommercialPortfolioSegmentMember 2025-08-01 2026-07-31 0000896878 us-gaap:CommercialPortfolioSegmentMember 2024-08-01 2025-07-31 0000896878 us-gaap:CommercialPortfolioSegmentMember 2023-08-01 2024-07-31 0000896878 us-gaap:CommercialPortfolioSegmentMember 2026-07-31 0000896878 us-gaap:CommercialPortfolioSegmentMember 2025-07-31 0000896878 us-gaap:ConsumerPortfolioSegmentMember 2025-08-01 2026-07-31 0000896878 us-gaap:ConsumerPortfolioSegmentMember 2024-08-01 2025-07-31 0000896878 us-gaap:ConsumerPortfolioSegmentMember 2023-08-01 2024-07-31 0000896878 us-gaap:ConsumerPortfolioSegmentMember 2026-07-31 0000896878 us-gaap:ConsumerPortfolioSegmentMember 2025-07-31 0000896878 us-gaap:CommercialPortfolioSegmentMember 2024-07-31 0000896878 us-gaap:CommercialPortfolioSegmentMember 2023-07-31 0000896878 srt:MinimumMember us-gaap:BuildingMember 2026-07-31 0000896878 srt:MaximumMember us-gaap:BuildingMember 2026-07-31 0000896878 srt:MinimumMember us-gaap:SoftwareAndSoftwareDevelopmentCostsMember 2026-07-31 0000896878 srt:MaximumMember us-gaap:SoftwareAndSoftwareDevelopmentCostsMember 2026-07-31 0000896878 srt:MinimumMember us-gaap:LeaseholdImprovementsMember 2026-07-31 0000896878 srt:MaximumMember us-gaap:LeaseholdImprovementsMember 2026-07-31 0000896878 srt:MinimumMember us-gaap:EquipmentMember 2026-07-31 0000896878 srt:MaximumMember us-gaap:EquipmentMember 2026-07-31 0000896878 us-gaap:FurnitureAndFixturesMember 2026-07-31 0000896878 intu:GlobalBusinessSolutionsSegmentMember 2024-07-31 0000896878 intu:GlobalBusinessSolutionsSegmentMember 2024-08-01 2025-07-31 0000896878 intu:GlobalBusinessSolutionsSegmentMember 2025-07-31 0000896878 intu:GlobalBusinessSolutionsSegmentMember 2025-08-01 2026-07-31 0000896878 intu:GlobalBusinessSolutionsSegmentMember 2026-07-31 0000896878 intu:ConsumerSegmentMember 2024-07-31 0000896878 intu:ConsumerSegmentMember 2024-08-01 2025-07-31 0000896878 intu:ConsumerSegmentMember 2025-07-31 0000896878 intu:ConsumerSegmentMember 2025-08-01 2026-07-31 0000896878 intu:ConsumerSegmentMember 2026-07-31 0000896878 intu:CustomerListsAndUserRelationshipsMember 2026-07-31 0000896878 intu:PurchasedTechnologyMember 2026-07-31 0000896878 us-gaap:TrademarksAndTradeNamesMember 2026-07-31 0000896878 intu:CustomerListsAndUserRelationshipsMember 2025-07-31 0000896878 intu:PurchasedTechnologyMember 2025-07-31 0000896878 us-gaap:TrademarksAndTradeNamesMember 2025-07-31 0000896878 intu:FivePointTwoFiveZeroPercentNotesDueSeptember2026Member intu:SeniorUnsecuredNotesMember 2026-07-31 0000896878 intu:FivePointTwoFiveZeroPercentNotesDueSeptember2026Member intu:SeniorUnsecuredNotesMember 2025-07-31 0000896878 intu:OnePointThreeFiveZeroPercentNotesDueJuly2027Member intu:SeniorUnsecuredNotesMember 2026-07-31 0000896878 intu:OnePointThreeFiveZeroPercentNotesDueJuly2027Member intu:SeniorUnsecuredNotesMember 2025-07-31 0000896878 intu:FivePointOneTwoFivePercentNotesDueSeptember2028Member intu:SeniorUnsecuredNotesMember 2026-07-31 0000896878 intu:FivePointOneTwoFivePercentNotesDueSeptember2028Member intu:SeniorUnsecuredNotesMember 2025-07-31 0000896878 intu:OnePointSixFiveZeroPercentNotesDueJuly2030Member intu:SeniorUnsecuredNotesMember 2026-07-31 0000896878 intu:OnePointSixFiveZeroPercentNotesDueJuly2030Member intu:SeniorUnsecuredNotesMember 2025-07-31 0000896878 intu:FourPointNineFiveZeroPercentNotesDueJune2031Member intu:SeniorUnsecuredNotesMember 2026-07-31 0000896878 intu:FourPointNineFiveZeroPercentNotesDueJune2031Member intu:SeniorUnsecuredNotesMember 2025-07-31 0000896878 intu:FivePointTwoZeroZeroPercentNotesDueSeptember2033Member intu:SeniorUnsecuredNotesMember 2026-07-31 0000896878 intu:FivePointTwoZeroZeroPercentNotesDueSeptember2033Member intu:SeniorUnsecuredNotesMember 2025-07-31 0000896878 intu:FivePointFiveZeroZeroPercentNotesDueJune2026Member intu:SeniorUnsecuredNotesMember 2026-07-31 0000896878 intu:FivePointFiveZeroZeroPercentNotesDueJune2026Member intu:SeniorUnsecuredNotesMember 2025-07-31 0000896878 intu:FivePointFiveZeroZeroPercentNotesDueSeptember2053Member intu:SeniorUnsecuredNotesMember 2026-07-31 0000896878 intu:FivePointFiveZeroZeroPercentNotesDueSeptember2053Member intu:SeniorUnsecuredNotesMember 2025-07-31 0000896878 intu:SeniorUnsecuredNotesMember 2026-07-31 0000896878 intu:SeniorUnsecuredNotesMember 2025-07-31 0000896878 us-gaap:RevolvingCreditFacilityMember us-gaap:LineOfCreditMember intu:SubsidiaryMember 2026-07-31 0000896878 us-gaap:RevolvingCreditFacilityMember us-gaap:LineOfCreditMember intu:SubsidiaryMember 2025-07-31 0000896878 intu:TheSeniorUnsecuredNotesMember intu:SeniorUnsecuredNotesMember 2020-06-01 2020-06-30 0000896878 intu:The2026SeniorUnsecuredNotesMember intu:SeniorUnsecuredNotesMember 2026-06-01 2026-06-30 0000896878 intu:The2026SeniorUnsecuredNotesMember intu:SeniorUnsecuredNotesMember 2026-06-30 0000896878 intu:SeptemberTwoThousandTwentySixNotesMember intu:SeniorUnsecuredNotesMember 2026-06-01 2026-06-30 0000896878 us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2019Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2025-08-01 2026-07-31 0000896878 srt:MinimumMember us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2019Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2025-08-01 2026-07-31 0000896878 srt:MaximumMember us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2019Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2025-08-01 2026-07-31 0000896878 us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2019Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2026-07-31 0000896878 us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2022Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2025-08-01 2026-07-31 0000896878 srt:MinimumMember us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2022Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2025-08-01 2026-07-31 0000896878 srt:MaximumMember us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2022Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2025-08-01 2026-07-31 0000896878 us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2022Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2026-07-31 0000896878 us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2024Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2024-11-01 2024-11-01 0000896878 srt:MinimumMember us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2024Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2024-11-01 2024-11-01 0000896878 srt:MaximumMember us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2024Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2024-11-01 2024-11-01 0000896878 us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2024Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2026-07-31 0000896878 us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2019Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2025-07-31 0000896878 us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2022Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2025-07-31 0000896878 us-gaap:RevolvingCreditFacilityMember intu:SecuredRevolvingCreditFacility2024Member us-gaap:LineOfCreditMember intu:SubsidiaryMember 2025-07-31 0000896878 us-gaap:RevolvingCreditFacilityMember intu:The2026SeniorUnsecuredNotesMember us-gaap:LineOfCreditMember 2026-01-09 0000896878 us-gaap:RevolvingCreditFacilityMember intu:The2026SeniorUnsecuredNotesMember us-gaap:LineOfCreditMember 2026-01-09 2026-01-09 0000896878 intu:SwinglineLoansMember intu:The2026SeniorUnsecuredNotesMember us-gaap:LineOfCreditMember 2026-01-09 0000896878 us-gaap:LetterOfCreditMember intu:The2026SeniorUnsecuredNotesMember us-gaap:LineOfCreditMember 2026-01-09 0000896878 srt:MinimumMember us-gaap:RevolvingCreditFacilityMember intu:The2026SeniorUnsecuredNotesMember us-gaap:LineOfCreditMember us-gaap:BaseRateMember 2026-01-09 2026-01-09 0000896878 srt:MaximumMember us-gaap:RevolvingCreditFacilityMember intu:The2026SeniorUnsecuredNotesMember us-gaap:LineOfCreditMember us-gaap:BaseRateMember 2026-01-09 2026-01-09 0000896878 srt:MinimumMember us-gaap:RevolvingCreditFacilityMember intu:The2026SeniorUnsecuredNotesMember us-gaap:LineOfCreditMember us-gaap:SecuredOvernightFinancingRateSofrMember 2026-01-09 2026-01-09 0000896878 srt:MaximumMember us-gaap:RevolvingCreditFacilityMember intu:The2026SeniorUnsecuredNotesMember us-gaap:LineOfCreditMember us-gaap:SecuredOvernightFinancingRateSofrMember 2026-01-09 2026-01-09 0000896878 srt:MinimumMember us-gaap:RevolvingCreditFacilityMember intu:The2026SeniorUnsecuredNotesMember us-gaap:LineOfCreditMember intu:InterestBenchmarkForRelevantCurrencyMember 2026-01-09 2026-01-09 0000896878 srt:MaximumMember us-gaap:RevolvingCreditFacilityMember intu:The2026SeniorUnsecuredNotesMember us-gaap:LineOfCreditMember intu:InterestBenchmarkForRelevantCurrencyMember 2026-01-09 2026-01-09 0000896878 srt:MinimumMember us-gaap:RevolvingCreditFacilityMember intu:The2026SeniorUnsecuredNotesMember us-gaap:LineOfCreditMember 2026-01-09 2026-01-09 0000896878 srt:MaximumMember us-gaap:RevolvingCreditFacilityMember intu:The2026SeniorUnsecuredNotesMember us-gaap:LineOfCreditMember 2026-01-09 2026-01-09 0000896878 us-gaap:RevolvingCreditFacilityMember intu:The2026SeniorUnsecuredNotesMember us-gaap:LineOfCreditMember 2026-07-31 0000896878 us-gaap:RevolvingCreditFacilityMember intu:ShortTermRevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2026-01-30 0000896878 us-gaap:RevolvingCreditFacilityMember intu:ShortTermRevolvingCreditFacilityMember us-gaap:LineOfCreditMember us-gaap:SecuredOvernightFinancingRateSofrMember 2026-01-30 2026-01-30 0000896878 us-gaap:RevolvingCreditFacilityMember intu:ShortTermRevolvingCreditFacilityMember us-gaap:LineOfCreditMember us-gaap:BaseRateMember 2026-01-30 2026-01-30 0000896878 us-gaap:RevolvingCreditFacilityMember intu:ShortTermRevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2026-01-30 2026-01-30 0000896878 us-gaap:CommercialPaperMember intu:CommercialPaperProgramMember us-gaap:LineOfCreditMember 2026-07-31 0000896878 us-gaap:CommercialPaperMember intu:CommercialPaperProgramMember us-gaap:LineOfCreditMember 2025-08-01 2026-07-31 0000896878 us-gaap:CommercialPaperMember intu:CommercialPaperProgramMember us-gaap:LineOfCreditMember 2026-07-31 0000896878 intu:CommercialPaperProgramMember us-gaap:LineOfCreditMember 2026-07-31 0000896878 intu:CommercialPaperProgramMember us-gaap:LineOfCreditMember 2025-07-31 0000896878 srt:MaximumMember 2025-08-01 2026-07-31 0000896878 us-gaap:OperatingLeaseLeaseNotYetCommencedMember 2026-07-31 0000896878 intu:AllIncomeTaxJurisdictionsMember 2025-08-01 2026-07-31 0000896878 intu:AllIncomeTaxJurisdictionsMember 2024-08-01 2025-07-31 0000896878 intu:AllIncomeTaxJurisdictionsMember 2023-08-01 2024-07-31 0000896878 us-gaap:StateAndLocalJurisdictionMember 2025-08-01 2026-07-31 0000896878 us-gaap:StateAndLocalJurisdictionMember 2024-08-01 2025-07-31 0000896878 us-gaap:StateAndLocalJurisdictionMember 2023-08-01 2024-07-31 0000896878 stpr:CA 2025-08-01 2026-07-31 0000896878 stpr:CA 2024-08-01 2025-07-31 0000896878 stpr:CA 2023-08-01 2024-07-31 0000896878 stpr:NY 2025-08-01 2026-07-31 0000896878 stpr:NY 2024-08-01 2025-07-31 0000896878 stpr:NY 2023-08-01 2024-07-31 0000896878 stpr:PA 2025-08-01 2026-07-31 0000896878 stpr:PA 2024-08-01 2025-07-31 0000896878 stpr:PA 2023-08-01 2024-07-31 0000896878 us-gaap:StateAndLocalTaxJurisdictionOtherMember 2025-08-01 2026-07-31 0000896878 us-gaap:StateAndLocalTaxJurisdictionOtherMember 2024-08-01 2025-07-31 0000896878 us-gaap:StateAndLocalTaxJurisdictionOtherMember 2023-08-01 2024-07-31 0000896878 country:IN 2025-08-01 2026-07-31 0000896878 country:IN 2024-08-01 2025-07-31 0000896878 country:IN 2023-08-01 2024-07-31 0000896878 us-gaap:ForeignTaxJurisdictionOtherMember 2025-08-01 2026-07-31 0000896878 us-gaap:ForeignTaxJurisdictionOtherMember 2024-08-01 2025-07-31 0000896878 us-gaap:ForeignTaxJurisdictionOtherMember 2023-08-01 2024-07-31 0000896878 us-gaap:DomesticCountryMember 2026-07-31 0000896878 us-gaap:StateAndLocalJurisdictionMember 2026-07-31 0000896878 us-gaap:ForeignCountryMember 2026-07-31 0000896878 us-gaap:StateAndLocalJurisdictionMember us-gaap:ResearchMember 2026-07-31 0000896878 2025-08-19 0000896878 2026-05-07 0000896878 intu:CurrentProgramMember 2026-07-31 0000896878 us-gaap:SubsequentEventMember 2026-08-31 0000896878 intu:Restated2005PlanMember 2026-07-31 0000896878 us-gaap:EmployeeStockOptionMember intu:Restated2005PlanMember 2025-08-01 2026-07-31 0000896878 srt:MinimumMember us-gaap:EmployeeStockOptionMember 2025-08-01 2026-07-31 0000896878 srt:MaximumMember us-gaap:EmployeeStockOptionMember 2025-08-01 2026-07-31 0000896878 us-gaap:EmployeeStockOptionMember 2025-08-01 2026-07-31 0000896878 srt:MinimumMember us-gaap:RestrictedStockUnitsRSUMember 2025-08-01 2026-07-31 0000896878 srt:MaximumMember us-gaap:RestrictedStockUnitsRSUMember 2025-08-01 2026-07-31 0000896878 2022-01-21 2022-07-31 0000896878 us-gaap:EmployeeStockOptionMember intu:Restated2005PlanMember 2026-07-31 0000896878 us-gaap:EmployeeStockMember 2026-07-31 0000896878 us-gaap:ServiceMember us-gaap:CostOfGoodsAndServicesSold 2025-08-01 2026-07-31 0000896878 us-gaap:ServiceMember us-gaap:CostOfGoodsAndServicesSold 2024-08-01 2025-07-31 0000896878 us-gaap:ServiceMember us-gaap:CostOfGoodsAndServicesSold 2023-08-01 2024-07-31 0000896878 intu:ProductAndOtherMember us-gaap:CostOfGoodsAndServicesSold 2025-08-01 2026-07-31 0000896878 intu:ProductAndOtherMember us-gaap:CostOfGoodsAndServicesSold 2024-08-01 2025-07-31 0000896878 intu:ProductAndOtherMember us-gaap:CostOfGoodsAndServicesSold 2023-08-01 2024-07-31 0000896878 us-gaap:SellingAndMarketingExpense 2025-08-01 2026-07-31 0000896878 us-gaap:SellingAndMarketingExpense 2024-08-01 2025-07-31 0000896878 us-gaap:SellingAndMarketingExpense 2023-08-01 2024-07-31 0000896878 us-gaap:ResearchAndDevelopmentExpense 2025-08-01 2026-07-31 0000896878 us-gaap:ResearchAndDevelopmentExpense 2024-08-01 2025-07-31 0000896878 us-gaap:ResearchAndDevelopmentExpense 2023-08-01 2024-07-31 0000896878 us-gaap:GeneralAndAdministrativeExpense 2025-08-01 2026-07-31 0000896878 us-gaap:GeneralAndAdministrativeExpense 2024-08-01 2025-07-31 0000896878 us-gaap:GeneralAndAdministrativeExpense 2023-08-01 2024-07-31 0000896878 us-gaap:RestructuringCharges 2025-08-01 2026-07-31 0000896878 us-gaap:RestructuringCharges 2024-08-01 2025-07-31 0000896878 us-gaap:RestructuringCharges 2023-08-01 2024-07-31 0000896878 us-gaap:RestrictedStockUnitsRSUMember 2025-08-01 2026-07-31 0000896878 srt:MaximumMember us-gaap:EmployeeStockOptionMember 2024-08-01 2025-07-31 0000896878 srt:MinimumMember us-gaap:EmployeeStockOptionMember 2023-08-01 2024-07-31 0000896878 srt:MaximumMember us-gaap:EmployeeStockOptionMember 2023-08-01 2024-07-31 0000896878 us-gaap:EmployeeStockOptionMember 2024-08-01 2025-07-31 0000896878 us-gaap:EmployeeStockOptionMember 2023-08-01 2024-07-31 0000896878 srt:MinimumMember us-gaap:EmployeeStockMember 2025-08-01 2026-07-31 0000896878 srt:MaximumMember us-gaap:EmployeeStockMember 2025-08-01 2026-07-31 0000896878 srt:MinimumMember us-gaap:EmployeeStockMember 2024-08-01 2025-07-31 0000896878 srt:MaximumMember us-gaap:EmployeeStockMember 2024-08-01 2025-07-31 0000896878 srt:MinimumMember us-gaap:EmployeeStockMember 2023-08-01 2024-07-31 0000896878 srt:MaximumMember us-gaap:EmployeeStockMember 2023-08-01 2024-07-31 0000896878 us-gaap:EmployeeStockMember 2025-08-01 2026-07-31 0000896878 us-gaap:EmployeeStockMember 2024-08-01 2025-07-31 0000896878 us-gaap:EmployeeStockMember 2023-08-01 2024-07-31 0000896878 us-gaap:RestrictedStockUnitsRSUMember 2024-08-01 2025-07-31 0000896878 us-gaap:RestrictedStockUnitsRSUMember 2023-08-01 2024-07-31 0000896878 us-gaap:RestrictedStockUnitsRSUMember 2026-07-31 0000896878 intu:StockOptionsAndEsppMember 2025-08-01 2026-07-31 0000896878 intu:StockOptionsAndEsppMember 2024-08-01 2025-07-31 0000896878 intu:StockOptionsAndEsppMember 2023-08-01 2024-07-31 0000896878 us-gaap:EmployeeStockOptionMember 2026-07-31 0000896878 us-gaap:AccumulatedTranslationAdjustmentMember 2026-07-31 0000896878 us-gaap:AccumulatedTranslationAdjustmentMember 2025-07-31 0000896878 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2026-07-31 0000896878 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2025-07-31 0000896878 intu:AOCIOtherMember 2026-07-31 0000896878 intu:AOCIOtherMember 2025-07-31 0000896878 intu:IntuitInc401kPlanMember 2025-08-01 2026-07-31 0000896878 intu:CreditKarma401KPlanMember 2025-08-01 2026-07-31 0000896878 2022-04-30 2022-04-30 0000896878 us-gaap:NonUsMember us-gaap:SalesRevenueNetMember us-gaap:GeographicConcentrationRiskMember 2023-08-01 2024-07-31 0000896878 us-gaap:NonUsMember us-gaap:SalesRevenueNetMember us-gaap:GeographicConcentrationRiskMember 2025-08-01 2026-07-31 0000896878 us-gaap:NonUsMember us-gaap:SalesRevenueNetMember us-gaap:GeographicConcentrationRiskMember 2024-08-01 2025-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:GlobalBusinessSolutionsMember 2025-08-01 2026-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:GlobalBusinessSolutionsMember 2024-08-01 2025-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:GlobalBusinessSolutionsMember 2023-08-01 2024-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:ConsumerSegmentMember 2025-08-01 2026-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:ConsumerSegmentMember 2024-08-01 2025-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:ConsumerSegmentMember 2023-08-01 2024-07-31 0000896878 us-gaap:OperatingSegmentsMember 2025-08-01 2026-07-31 0000896878 us-gaap:OperatingSegmentsMember 2024-08-01 2025-07-31 0000896878 us-gaap:OperatingSegmentsMember 2023-08-01 2024-07-31 0000896878 us-gaap:MaterialReconcilingItemsMember 2025-08-01 2026-07-31 0000896878 us-gaap:MaterialReconcilingItemsMember 2024-08-01 2025-07-31 0000896878 us-gaap:MaterialReconcilingItemsMember 2023-08-01 2024-07-31 0000896878 us-gaap:MaterialReconcilingItemsMember intu:A2024RestructuringPlanMember 2023-08-01 2024-07-31 0000896878 intu:QuickBooksOnlineAccountingMember intu:GlobalBusinessSolutionsSegmentMember 2025-08-01 2026-07-31 0000896878 intu:QuickBooksOnlineAccountingMember intu:GlobalBusinessSolutionsSegmentMember 2024-08-01 2025-07-31 0000896878 intu:QuickBooksOnlineAccountingMember intu:GlobalBusinessSolutionsSegmentMember 2023-08-01 2024-07-31 0000896878 intu:OnlineServicesMember intu:GlobalBusinessSolutionsSegmentMember 2025-08-01 2026-07-31 0000896878 intu:OnlineServicesMember intu:GlobalBusinessSolutionsSegmentMember 2024-08-01 2025-07-31 0000896878 intu:OnlineServicesMember intu:GlobalBusinessSolutionsSegmentMember 2023-08-01 2024-07-31 0000896878 intu:OnlineEcosystemMember intu:GlobalBusinessSolutionsSegmentMember 2025-08-01 2026-07-31 0000896878 intu:OnlineEcosystemMember intu:GlobalBusinessSolutionsSegmentMember 2024-08-01 2025-07-31 0000896878 intu:OnlineEcosystemMember intu:GlobalBusinessSolutionsSegmentMember 2023-08-01 2024-07-31 0000896878 intu:QuickBooksDesktopAccountingMember intu:GlobalBusinessSolutionsSegmentMember 2025-08-01 2026-07-31 0000896878 intu:QuickBooksDesktopAccountingMember intu:GlobalBusinessSolutionsSegmentMember 2024-08-01 2025-07-31 0000896878 intu:QuickBooksDesktopAccountingMember intu:GlobalBusinessSolutionsSegmentMember 2023-08-01 2024-07-31 0000896878 intu:DesktopServicesandSuppliesMember intu:GlobalBusinessSolutionsSegmentMember 2025-08-01 2026-07-31 0000896878 intu:DesktopServicesandSuppliesMember intu:GlobalBusinessSolutionsSegmentMember 2024-08-01 2025-07-31 0000896878 intu:DesktopServicesandSuppliesMember intu:GlobalBusinessSolutionsSegmentMember 2023-08-01 2024-07-31 0000896878 intu:DesktopEcosystemMember intu:GlobalBusinessSolutionsSegmentMember 2025-08-01 2026-07-31 0000896878 intu:DesktopEcosystemMember intu:GlobalBusinessSolutionsSegmentMember 2024-08-01 2025-07-31 0000896878 intu:DesktopEcosystemMember intu:GlobalBusinessSolutionsSegmentMember 2023-08-01 2024-07-31 0000896878 intu:GlobalBusinessSolutionsSegmentMember 2023-08-01 2024-07-31 0000896878 intu:TurboTaxMember intu:ConsumerSegmentMember 2025-08-01 2026-07-31 0000896878 intu:TurboTaxMember intu:ConsumerSegmentMember 2024-08-01 2025-07-31 0000896878 intu:TurboTaxMember intu:ConsumerSegmentMember 2023-08-01 2024-07-31 0000896878 intu:CreditKarmaMember intu:ConsumerSegmentMember 2025-08-01 2026-07-31 0000896878 intu:CreditKarmaMember intu:ConsumerSegmentMember 2024-08-01 2025-07-31 0000896878 intu:CreditKarmaMember intu:ConsumerSegmentMember 2023-08-01 2024-07-31 0000896878 intu:ProTaxMember intu:ConsumerSegmentMember 2025-08-01 2026-07-31 0000896878 intu:ProTaxMember intu:ConsumerSegmentMember 2024-08-01 2025-07-31 0000896878 intu:ProTaxMember intu:ConsumerSegmentMember 2023-08-01 2024-07-31 0000896878 intu:ConsumerSegmentMember 2023-08-01 2024-07-31 0000896878 intu:A2026RestructuringPlanMember 2026-07-31 0000896878 intu:A2026RestructuringPlanMember 2025-08-01 2026-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2026RestructuringPlanMember intu:GlobalBusinessSolutionsMember 2025-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2026RestructuringPlanMember intu:GlobalBusinessSolutionsMember 2025-08-01 2026-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2026RestructuringPlanMember intu:GlobalBusinessSolutionsMember 2026-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2026RestructuringPlanMember intu:ConsumerSegmentMember 2025-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2026RestructuringPlanMember intu:ConsumerSegmentMember 2025-08-01 2026-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2026RestructuringPlanMember intu:ConsumerSegmentMember 2026-07-31 0000896878 us-gaap:CorporateNonSegmentMember intu:A2026RestructuringPlanMember 2025-07-31 0000896878 us-gaap:CorporateNonSegmentMember intu:A2026RestructuringPlanMember 2025-08-01 2026-07-31 0000896878 us-gaap:CorporateNonSegmentMember intu:A2026RestructuringPlanMember 2026-07-31 0000896878 intu:A2026RestructuringPlanMember 2025-07-31 0000896878 intu:A2024RestructuringPlanMember 2024-07-01 2025-04-30 0000896878 intu:A2024RestructuringPlanMember 2024-08-01 2025-07-31 0000896878 intu:A2024RestructuringPlanMember 2023-08-01 2024-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2024RestructuringPlanMember intu:GlobalBusinessSolutionsMember 2025-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2024RestructuringPlanMember intu:GlobalBusinessSolutionsMember 2025-08-01 2026-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2024RestructuringPlanMember intu:GlobalBusinessSolutionsMember 2026-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2024RestructuringPlanMember intu:ConsumerSegmentMember 2025-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2024RestructuringPlanMember intu:ConsumerSegmentMember 2025-08-01 2026-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2024RestructuringPlanMember intu:ConsumerSegmentMember 2026-07-31 0000896878 us-gaap:CorporateNonSegmentMember intu:A2024RestructuringPlanMember 2025-07-31 0000896878 us-gaap:CorporateNonSegmentMember intu:A2024RestructuringPlanMember 2025-08-01 2026-07-31 0000896878 us-gaap:CorporateNonSegmentMember intu:A2024RestructuringPlanMember 2026-07-31 0000896878 intu:A2024RestructuringPlanMember 2025-07-31 0000896878 intu:A2024RestructuringPlanMember 2025-08-01 2026-07-31 0000896878 intu:A2024RestructuringPlanMember 2026-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2024RestructuringPlanMember intu:GlobalBusinessSolutionsMember 2023-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2024RestructuringPlanMember intu:GlobalBusinessSolutionsMember 2023-08-01 2024-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2024RestructuringPlanMember intu:GlobalBusinessSolutionsMember 2024-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2024RestructuringPlanMember intu:GlobalBusinessSolutionsMember 2024-08-01 2025-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2024RestructuringPlanMember intu:ConsumerSegmentMember 2023-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2024RestructuringPlanMember intu:ConsumerSegmentMember 2023-08-01 2024-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2024RestructuringPlanMember intu:ConsumerSegmentMember 2024-07-31 0000896878 us-gaap:OperatingSegmentsMember intu:A2024RestructuringPlanMember intu:ConsumerSegmentMember 2024-08-01 2025-07-31 0000896878 us-gaap:CorporateNonSegmentMember intu:A2024RestructuringPlanMember 2023-07-31 0000896878 us-gaap:CorporateNonSegmentMember intu:A2024RestructuringPlanMember 2023-08-01 2024-07-31 0000896878 us-gaap:CorporateNonSegmentMember intu:A2024RestructuringPlanMember 2024-07-31 0000896878 us-gaap:CorporateNonSegmentMember intu:A2024RestructuringPlanMember 2024-08-01 2025-07-31 0000896878 intu:A2024RestructuringPlanMember 2023-07-31 0000896878 intu:A2024RestructuringPlanMember 2024-07-31 0000896878 intu:SECSchedule1209AllowanceDoubtfulAccountsMember 2025-07-31 0000896878 intu:SECSchedule1209AllowanceDoubtfulAccountsMember 2025-08-01 2026-07-31 0000896878 intu:SECSchedule1209AllowanceDoubtfulAccountsMember 2026-07-31 0000896878 intu:SECSchedule1209ReserveForReturnsCreditsAndPromotionalDiscountsMember 2025-07-31 0000896878 intu:SECSchedule1209ReserveForReturnsCreditsAndPromotionalDiscountsMember 2025-08-01 2026-07-31 0000896878 intu:SECSchedule1209ReserveForReturnsCreditsAndPromotionalDiscountsMember 2026-07-31 0000896878 intu:SECSchedule1209AllowanceDoubtfulAccountsMember 2024-07-31 0000896878 intu:SECSchedule1209AllowanceDoubtfulAccountsMember 2024-08-01 2025-07-31 0000896878 intu:SECSchedule1209ReserveForReturnsCreditsAndPromotionalDiscountsMember 2024-07-31 0000896878 intu:SECSchedule1209ReserveForReturnsCreditsAndPromotionalDiscountsMember 2024-08-01 2025-07-31 0000896878 intu:SECSchedule1209AllowanceDoubtfulAccountsMember 2023-07-31 0000896878 intu:SECSchedule1209AllowanceDoubtfulAccountsMember 2023-08-01 2024-07-31 0000896878 intu:SECSchedule1209ReserveForReturnsCreditsAndPromotionalDiscountsMember 2023-07-31 0000896878 intu:SECSchedule1209ReserveForReturnsCreditsAndPromotionalDiscountsMember 2023-08-01 2024-07-31 0000896878 2026-05-01 2026-07-31 iso4217:USD shares iso4217:USD shares intu:hosting pure intu:option_to_extend intu:period intu:segment 0000896878 2026 FY false P3Y0M0D P3Y0M0D P2Y P3Y http://fasb.org/us-gaap/2026#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2026#OtherLiabilitiesCurrent P5Y0M0D http://xbrl.sec.gov/country/2026#US http://xbrl.sec.gov/country/2026#US http://xbrl.sec.gov/country/2026#US P3Y P3Y 0.06 0.06 10-K true 2026-07-31 --07-31 false 0-21180 INTUIT INC. DE 77-0034661 2700 Coast Avenue Mountain View CA 94043 650 944-6000 Common Stock, $0.01 par value INTU NASDAQ Yes No Yes Yes Large Accelerated Filer false false true false false 135600000000 267236000 <div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Portions of the registrant’s definitive proxy statement for its 2027 Annual Meeting of Stockholders are incorporated by reference in Part III of this Annual Report on Form 10-K.</span></div> <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We host, collect, process, use, and retain large amounts of sensitive and personal information across an array of our own and third-party information systems. To help protect these systems and data, we have implemented a robust information security program that includes numerous administrative, technical, and physical safeguards. We strive to advance our cyber defenses with evolving technology and utilize a combination of purchased and internally developed tools, including AI-powered security tools, to help minimize impacts from cyber threats. In general, we seek to address cybersecurity risks through a cross-functional approach. This approach focuses on protecting business operations and preserving the confidentiality, integrity, and availability of systems and data by preventing and mitigating cybersecurity threats, as well as effectively responding to cybersecurity incidents when they occur. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our information security program includes:</span></div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Having designated information security personnel, led by our Chief Information Security and Fraud Prevention Officer (CISO), who has decades of relevant experience and also serves as Chief Information Officer. The CISO is supported primarily by our Cybersecurity, Compliance, Risk, and Fraud Team (CyberCRAFT), which consists of approximately 550 professionals as of July 31, 2026. In addition to bringing their current expertise to their roles, CyberCRAFT professionals have the ability to participate in our specialized training and development programs to further enhance their cybersecurity skill sets and cross-train on related capabilities. The CISO works closely with the Company’s internal legal team to oversee compliance with legal, regulatory, and contractual security requirements;</span></div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Risk assessments designed to help identify and prioritize significant cybersecurity risks. Our process for identifying and assessing material risks from cybersecurity threats includes incorporation of an internally developed threat catalog and our tracking of trends for areas such as vulnerability management, our leverage of technical standards and guidance, input from our participation and collaboration with law enforcement and government initiatives, and our internal and vendor-supported threat intelligence initiatives. The cybersecurity risk assessment operates alongside our broader enterprise-wide risk assessment and management process, and key cybersecurity risks are presented to the Audit and Risk Committee in a manner that helps frame cybersecurity risks as part of a broader risk context;</span></div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Regular testing and assessments of our systems and controls to evaluate the information security program maturity and effectiveness using cybersecurity frameworks (such as ISO 27001, PCI DSS, and SOC 2) and to identify and address potential vulnerabilities—and as appropriate, we adjust our policies, standards, and processes based on testing and assessment results;</span></div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">A vulnerability management program to determine the in-scope systems, patch systems based on criticality, and disclose potential vulnerabilities;</span></div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">A cybersecurity incident response plan and scenario-specific playbooks for responding to various types of cybersecurity incidents;</span></div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Business continuity and disaster recovery plans to support more effective response and recovery efforts in the event of a significant cybersecurity incident or disruption;</span></div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">The use of external service providers and consultants to assess or monitor the environment or otherwise assist with aspects of our cybersecurity controls;</span></div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Commercially available and customized security technologies and security and business controls to limit access to and use of such sensitive data;</span></div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">A security awareness and training program for our employees and contractors, with role-based training for certain personnel and positions; and</span></div><div style="margin-top:5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">A third-party risk management framework designed to monitor and address cybersecurity risks from various third parties (including vendors, service providers, and other contractors) that includes diligence regarding the third party’s cybersecurity capabilities and additional monitoring of certain third parties based on the results of diligence. In addition, we have established standard contractual terms and conditions regarding cybersecurity applicable to third parties, as well as further downstream parties, that may be tailored to the use case and sensitivity of any data or business processes involved.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Additionally, we maintain cybersecurity insurance, which may cover some or all of the potential losses from a cybersecurity incident. During the last fiscal year, we did not identify any risks from cybersecurity threats, including as a result of any previous cybersecurity incidents, that materially affected Intuit, including its business strategy, results of operations, or financial condition. However, we continue to face ongoing and increasing cybersecurity risks which may materially affect us in the </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">future. Additional information on the cybersecurity risks is discussed in “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Risk Factors”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> in Item 1A of Part I of this Annual Report, including without limitation the risk that “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Security incidents, improper access to or disclosure of our data or customers’ data, or other cyberattacks on our systems could harm our reputation, business, and financial condition.</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">”</span></div> We host, collect, process, use, and retain large amounts of sensitive and personal information across an array of our own and third-party information systems. To help protect these systems and data, we have implemented a robust information security program that includes numerous administrative, technical, and physical safeguards. We strive to advance our cyber defenses with evolving technology and utilize a combination of purchased and internally developed tools, including AI-powered security tools, to help minimize impacts from cyber threats. In general, we seek to address cybersecurity risks through a cross-functional approach. This approach focuses on protecting business operations and preserving the confidentiality, integrity, and availability of systems and data by preventing and mitigating cybersecurity threats, as well as effectively responding to cybersecurity incidents when they occur. true <span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:13.5pt">Having designated information security personnel, led by our Chief Information Security and Fraud Prevention Officer (CISO), who has decades of relevant experience and also serves as Chief Information Officer. The CISO is supported primarily by our Cybersecurity, Compliance, Risk, and Fraud Team (CyberCRAFT), which consists of approximately 550 professionals as of July 31, 2026. In addition to bringing their current expertise to their roles, CyberCRAFT professionals have the ability to participate in our specialized training and development programs to further enhance their cybersecurity skill sets and cross-train on related capabilities. The CISO works closely with the Company’s internal legal team to oversee compliance with legal, regulatory, and contractual security requirements;</span> true true false <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Management is responsible for the day-to-day administration of Intuit’s cybersecurity policies, processes, practices, and risk management. The Audit and Risk Committee of our Board of Directors provides primary oversight of cybersecurity risks and the Company’s efforts to mitigate those risks.</span></div><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">MANAGEMENT OVERSIGHT</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As part of management oversight, our CEO receives monthly updates from the CISO and representatives from CyberCRAFT. These updates provide a recurring overview of cybersecurity trends and status updates (e.g., security events, fraud detection, IT roadmap progress, follow-up from prior assessments, security awareness exercise results), as well as a more focused analysis on select cybersecurity topics for the month. Examples of prior topics include recent cybersecurity legislation, cybersecurity incidents affecting external entities, and trends in cybersecurity controls and adoption. As part of our incident response processes, incidents are classified based on the incident’s characteristics. For certain risk-based classifications of incidents, the CEO and other members of the executive leadership team are also informed and contribute as part of our incident response processes. </span></div><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">BOARD OVERSIGHT</span></div>Our full Board of Directors provides ultimate oversight for the cybersecurity program, in addition to other significant risks of Intuit. The Board of Directors has delegated primary oversight of cybersecurity risks to the Audit and Risk Committee. On a quarterly basis, the CISO and CyberCRAFT specialists provide the Audit and Risk Committee with updates, metrics, and trends, such as the status of prior security events, existing and emerging threat landscapes, the results of audits or assessments, fraud prevention efforts, vulnerability detection and disclosure changes, and the status of projects to strengthen our security systems and improve incident readiness, and how these may affect broader enterprise risk management. Under our incident response processes’ risk-based escalation protocols, the CISO, or other management, escalates certain incidents to the chair of the Audit and Risk Committee, who may then involve the broader committee or the full Board of Directors, as appropriate. The Audit and Risk Committee of our Board of Directors provides primary oversight of cybersecurity risks and the Company’s efforts to mitigate those risks. As part of management oversight, our CEO receives monthly updates from the CISO and representatives from CyberCRAFT. These updates provide a recurring overview of cybersecurity trends and status updates (e.g., security events, fraud detection, IT roadmap progress, follow-up from prior assessments, security awareness exercise results), as well as a more focused analysis on select cybersecurity topics for the month. Examples of prior topics include recent cybersecurity legislation, cybersecurity incidents affecting external entities, and trends in cybersecurity controls and adoption. As part of our incident response processes, incidents are classified based on the incident’s characteristics. For certain risk-based classifications of incidents, the CEO and other members of the executive leadership team are also informed and contribute as part of our incident response processes. As part of management oversight, our CEO receives monthly updates from the CISO and representatives from CyberCRAFT. These updates provide a recurring overview of cybersecurity trends and status updates (e.g., security events, fraud detection, IT roadmap progress, follow-up from prior assessments, security awareness exercise results), as well as a more focused analysis on select cybersecurity topics for the month. Examples of prior topics include recent cybersecurity legislation, cybersecurity incidents affecting external entities, and trends in cybersecurity controls and adoption. As part of our incident response processes, incidents are classified based on the incident’s characteristics. For certain risk-based classifications of incidents, the CEO and other members of the executive leadership team are also informed and contribute as part of our incident response processes. true true On a quarterly basis, the CISO and CyberCRAFT specialists provide the Audit and Risk Committee with updates, metrics, and trends, such as the status of prior security events, existing and emerging threat landscapes, the results of audits or assessments, fraud prevention efforts, vulnerability detection and disclosure changes, and the status of projects to strengthen our security systems and improve incident readiness, and how these may affect broader enterprise risk management. Under our incident response processes’ risk-based escalation protocols, the CISO, or other management, escalates certain incidents to the chair of the Audit and Risk Committee, who may then involve the broader committee or the full Board of Directors, as appropriate. On a quarterly basis, the CISO and CyberCRAFT specialists provide the Audit and Risk Committee with updates, metrics, and trends, such as the status of prior security events, existing and emerging threat landscapes, the results of audits or assessments, fraud prevention efforts, vulnerability detection and disclosure changes, and the status of projects to strengthen our security systems and improve incident readiness, and how these may affect broader enterprise risk management. 42 Ernst & Young LLP San Jose, California 18911000000 16400000000 13861000000 2537000000 2431000000 2424000000 21448000000 18831000000 16285000000 4016000000 3624000000 3250000000 63000000 68000000 69000000 174000000 156000000 146000000 5534000000 5035000000 4312000000 3376000000 2928000000 2754000000 1623000000 1601000000 1418000000 485000000 481000000 483000000 293000000 15000000 223000000 15564000000 13908000000 12655000000 5884000000 4923000000 3630000000 256000000 247000000 242000000 389000000 158000000 162000000 6017000000 4834000000 3550000000 1451000000 965000000 587000000 4566000000 3869000000 2963000000 16.53 13.82 10.58 276000000 280000000 280000000 16.46 13.67 10.43 277000000 283000000 284000000 4566000000 3869000000 2963000000 -2000000 1000000 7000000 -3000000 3000000 -15000000 -4000000 0 -9000000 -6000000 0 0 -7000000 4000000 1000000 4559000000 3873000000 2964000000 4705000000 2884000000 2495000000 1668000000 5000000 5000000 625000000 530000000 1468000000 1403000000 179000000 0 124000000 50000000 677000000 496000000 10273000000 7031000000 5038000000 7076000000 15311000000 14107000000 248000000 94000000 1023000000 961000000 609000000 541000000 13981000000 13980000000 4642000000 5302000000 172000000 1222000000 800000000 751000000 36786000000 36958000000 1249000000 0 873000000 792000000 1068000000 858000000 1072000000 1019000000 863000000 625000000 5125000000 3294000000 5038000000 7076000000 10163000000 10370000000 6420000000 5973000000 239000000 20000000 667000000 597000000 305000000 288000000 17794000000 17248000000 0.01 0.01 1345000 1345000 145000 145000 250000 250000 0 0 0 0 0 0 0 0 0 0 0.01 0.01 750000000 750000000 268384000 498450000 268384000 279129000 3000000 3000000 0 21632000000 0 21543000000 -57000000 -50000000 19046000000 19668000000 18992000000 19710000000 36786000000 36958000000 280421000 3000000 19026000000 -16772000000 -55000000 15067000000 17269000000 1000000 2963000000 2964000000 3274000 -718000000 -718000000 3427000 1978000000 1978000000 3.6 1041000000 1041000000 1940000000 1940000000 280268000 3000000 20248000000 -18750000000 -54000000 16989000000 18436000000 4000000 3869000000 3873000000 3180000 -584000000 -584000000 4319000 2793000000 2793000000 4.16 1190000000 1190000000 1968000000 1968000000 279129000 3000000 21632000000 -21543000000 -50000000 19668000000 19710000000 -7000000 4566000000 4559000000 2621000 -529000000 -529000000 13366000 5463000000 5463000000 23159000000 -27006000000 3847000000 4.8 1341000000 1341000000 2056000000 2056000000 268384000 3000000 0 0 -57000000 19046000000 18992000000 4566000000 3869000000 2963000000 187000000 172000000 159000000 659000000 637000000 630000000 106000000 75000000 81000000 2056000000 1968000000 1940000000 237000000 134000000 118000000 1279000000 -435000000 -554000000 248000000 7000000 26000000 4276000000 2544000000 2348000000 0 0 96000000 0 0 98000000 95000000 71000000 52000000 74000000 -27000000 48000000 221000000 283000000 30000000 63000000 73000000 133000000 202000000 -64000000 257000000 51000000 142000000 -49000000 -93000000 -77000000 -71000000 163000000 47000000 -569000000 4000000 206000000 429000000 8838000000 6207000000 4884000000 3892000000 2363000000 780000000 547000000 320000000 526000000 2554000000 864000000 676000000 175000000 84000000 191000000 46000000 40000000 59000000 0 184000000 83000000 6755000000 3992000000 2538000000 2210000000 562000000 234000000 4253000000 2706000000 2068000000 108000000 107000000 80000000 -1412000000 -2318000000 -227000000 1736000000 0 3956000000 0 500000000 4200000000 0 0 100000000 0 0 100000000 186000000 429000000 180000000 230000000 0 25000000 180000000 398000000 282000000 709000000 982000000 1002000000 5412000000 2772000000 1988000000 1347000000 1189000000 1034000000 2086000000 -3107000000 -3436000000 -7000000 -1000000 -2000000 -7689000000 -1510000000 -397000000 -2000000 3000000 -13000000 -265000000 2382000000 4247000000 9481000000 7099000000 2852000000 9216000000 9481000000 7099000000 4705000000 2884000000 3609000000 4511000000 6597000000 3490000000 9216000000 9481000000 7099000000 295000000 284000000 200000000 2348000000 546000000 231000000 27006000000 0 0 <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">1. Description of Business and Summary of Significant Accounting Policies</span></td></tr></table></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Description of Business</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Intuit Inc. (Intuit, we, us, or our) is a global financial technology platform with a mission to power prosperity around the world. We help consumers do their taxes with ease and confidence and improve their financial success, from credit building to wealth building, with tax and personal finance products and services. We help small and mid-market businesses and accountants grow and run their businesses end-to-end, from lead to cash. This includes financial management, including payments and capital; compliance; human capital management; and marketing products and services. For accounting professionals, we provide professional tax and financial management products and services.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We do this through our platform that powers TurboTax, Credit Karma, QuickBooks, Mailchimp, Intuit Enterprise Suite, and Intuit Accountant Suite. Lacerte, ProSeries, and ProConnect Tax Online are our leading tax preparation offerings for professional accountants. Incorporated in 1984 and headquartered in Moun</span><span style="background-color:#ffffff;color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">tain View, California, we sell our products and services primarily in the United </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">States (U.S.).</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Basis of Presentation</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">These consolidated financial statements include the financial statements of Intuit and its wholly-owned subsidiaries and variable interest entities (VIEs), in which we have a controlling financial interest. We have eliminated all intercompany balances and transactions in consolidation. We have reclassified certain amounts previously reported in our financial statements to conform to the current presentation.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Effective August 1, 2025, we combined our Consumer, Credit Karma, and ProTax businesses into a single Consumer segment in order to better serve the diverse financial needs of our customers as one consumer platform. Our chief operating decision maker (CODM) allocates resources and assesses segment performance using regularly provided segment revenue and segment operating income information under this updated segment structure. To align results under this segment change, certain selling and marketing, product development, and general and administrative expenses for Credit Karma that were managed at the segment level are now managed at the platform level and are included in other corporate expenses rather than in segment expenses. Also on August 1, 2025, we reorganized certain marketing, communications, and customer success functions in our Global Business Solutions segment that support and benefit our overall platform and are managed at that level rather than at the segment level. Additionally, certain data science and analytics teams that were managed at the platform level are now managed at the segment level. We have recast certain previously reported amounts to conform to these segment changes. As a result of these changes, for the twelve months ended July 31, 2025 and 2024, we reclassified expenses totaling $9 million and $16 million from Global Business Solutions and $606 million and $585 million from Consumer to other corporate expenses, respectively, to conform to the current presentation. The segment changes primarily impacted Note 6, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Goodwill and Acquired Intangible Assets,</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">” Note 14, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Segment Information</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">,” and Note 15, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Restructuring</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">.” The recast of prior period information had no impact on our consolidated balance sheets, consolidated income statements, or consolidated cash flow statements. </span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Seasonality</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Within our Consumer segment, our TurboTax and ProTax offerings have a significant and distinct seasonal pattern as sales and revenue from our income tax preparation products and services are typically heavily concentrated in the period from November through April. This seasonal pattern typically results in higher net revenues during our second and third quarters ending January 31 and April 30, respectively.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Principles of Consolidation</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We consolidate any VIE for which we are deemed to be the primary beneficiary. The primary beneficiary is the party that has the power to direct the activities of the VIE that most significantly impact its economic performance and the obligation to absorb losses, or the right to receive benefits, that could potentially be significant to the VIE. We have formed special-purpose vehicle subsidiaries (SPVs) that are VIEs, and we consolidate the SPVs because we have the power to direct the activities that most significantly impact the SPVs’ economic performance and absorb the losses or benefits of the notes receivable held at the SPVs. As of July 31, 2026 and July 31, 2025, the consolidated balance sheets include $388 million and $46 million, respectively, of cash and cash equivalents and $764 million and $1.3 billion, respectively, of notes receivable held by the SPVs, both of which are pledged as collateral for our outstanding borrowings under our secured revolving credit facilities as of those dates. See Note 7, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Debt,”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> for more information. We evaluate on an ongoing basis whether we continue to be the primary beneficiary of the SPVs. </span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Use of Estimates</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In preparing our consolidated financial statements in accordance with U.S. generally accepted accounting principles (GAAP), we make certain judgments, estimates, and assumptions that affect the amounts reported in our financial statements and the disclosures made in the accompanying notes. For example, we use judgments and estimates in determining how revenue should be recognized. These judgments and estimates include identifying performance obligations, determining if the performance obligations are distinct, determining the standalone selling price (SSP) and timing of revenue recognition for each distinct performance obligation, and estimating variable consideration to be included in the transaction price. We use estimates in determining the collectibility of accounts receivable and notes receivable held for investment, the appropriate levels of various accruals including accruals for litigation contingencies, the discount rate used to calculate lease liabilities, the amount of our worldwide tax provision, the realizability of deferred tax assets, the credit losses of available-for-sale debt securities, the fair value of assets acquired and liabilities assumed for business combinations, and the fair value of notes receivable held for sale. We also use estimates in determining the remaining economic lives and fair values of acquired intangible assets, property and equipment, and other long-lived assets. In addition, we use assumptions to estimate the fair value of reporting units and share-based compensation. Despite our intention to establish accurate estimates and use reasonable assumptions, actual results may differ from our estimates.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Revenue Recognition</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We derive our revenue primarily from the sale of online offerings such as tax, accounting, payroll, merchant payment processing services, delivery of qualified links, marketing automation, live expert advice, financing for small and mid-market businesses, and desktop software products, desktop software subscriptions, and financial supplies. We enter into contracts with customers that include promises to transfer various products and services, which are generally capable of being distinct and accounted for as separate performance obligations. Revenue is recognized when the promised goods or services are transferred to customers, in an amount that reflects the consideration allocated to the respective performance obligation.</span></div><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Nature of Products and Services</span></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Online Offerings</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our online offerings include TurboTax Online, TurboTax Expert Assist and TurboTax Expert Full Service, ProConnect Tax Online, QuickBooks Online, Intuit Enterprise Suite, Intuit Accountant Suite, Mailchimp offerings, QuickBooks Workforce, and merchant payment processing services for small and mid-market businesses who use our online offerings.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">These online offerings provide customers with the right to use the hosted software over the contract period without taking possession of the software and are billed on either a subscription or consumption basis. Revenue related to our online offerings that are billed on a subscription basis is recognized ratably over the contract period. Revenue related to online offerings that are billed on a consumption basis is recognized when the customer consumes the related service. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Credit Karma revenue is primarily comprised of revenue from the delivery of qualified links that result in completed actions, or cost-per-action transactions. Cost-per-action revenue is earned based on a predetermined fee for approved actions, such as when credit cards are issued or when personal loans and other loans to businesses are funded. Revenue is recognized when a lead is generated that results in one of these approved actions. </span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Desktop Offerings</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our desktop offerings consist of our subscription-based QuickBooks Desktop products, our consumer and professional tax desktop products, which include TurboTax, Lacerte, and ProSeries, our desktop payroll products, and merchant payment processing services for small and mid-market businesses who use our desktop offerings.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our QuickBooks Desktop software subscriptions include a term software license, support, and various connected services. Subscriptions sold in fiscal 2024 include version protection updates, and subscriptions sold after fiscal 2024 include when-and-if-available product upgrades and enhancements. We recognize revenue for the software license and version protection updates at the time they are delivered and recognize revenue for when-and-if-available product upgrades and enhancements, support, and connected services over the subscription term as services are provided. For subscriptions sold in fiscal 2024, periodic delivery of version protection updates occurred through the first quarter of fiscal 2025, and the associated revenue was recognized upon delivery as noted above. Beginning in the second quarter of fiscal 2025, product upgrades and enhancements are delivered on a when-and-if-available basis, and the associated revenue is recognized on a straight-line basis over the term during which those product upgrades and enhancements are provided. Prior to fiscal 2025, we determined that the enhancements included in our QuickBooks Desktop software subscriptions were not material within the context of the contract.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our consumer and professional tax desktop software products include an on-premise tax software license, related tax form updates, electronic filing service, and connected services. We recognize revenue for the software license and related tax form updates, as one performance obligation, over the period the forms and updates are delivered. We recognize revenue for our electronic filings service and connected services as services are provided. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We also sell some of our consumer tax desktop software products in non-consignment and consignment arrangements to certain retailers. For these retailers, we begin recognizing revenue when control has transferred to the retailer for non-consignment arrangements or to the customer for consignment arrangements.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our desktop payroll products are sold as software subscriptions and include a term software license with a stand-ready obligation to maintain compliance with current payroll tax laws, support, and connected services. The term software license and stand-ready obligation to maintain compliance with current payroll tax laws is considered one performance obligation. As a result, revenue is recognized ratably over the subscription term as services are provided. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We offer merchant payment processing services as a separately paid connected service for our QuickBooks Desktop software subscriptions, and revenue is recognized as services are provided to the customers.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Other Solutions</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Revenue from the sale of our financial supplies, such as printed check stock, is recognized when control is transferred to the customer, which is generally when the products are shipped.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Interest revenue is earned on loans originated or purchased and held for investment in accordance with the specified period of time and defined interest rate noted in the loan contract and is recorded net of amortized deferred origination cost and fees, discounts, and purchase premiums. We recognize a gain or loss on the sale of loans sold to third parties by calculating the difference between the proceeds received and the carrying value of the loans sold. Interest revenue and gains on sales of loans were not material for all periods presented.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We also have revenue-sharing and royalty arrangements with third-party partners and recognize this revenue as earned based upon reporting provided to us by our partners. In instances where we do not have reporting from our partners, we estimate revenue based on information available to us at the time. Adjustments to our estimates based on actual results have not been material to our consolidated financial statements for any period presented.</span></div><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Types of Revenue</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Service revenue includes revenue from: our online offerings discussed above; our Credit Karma offerings; support, electronic filing services, when-and-if-available product upgrades and enhancements, and connected services included with our desktop offerings; merchant payment processing services; certain revenue-sharing and royalty arrangements; and interest on notes receivable.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Product and other revenue includes revenue from: QuickBooks Desktop software licenses and version protection updates; consumer and professional tax desktop licenses and the related tax form updates; desktop payroll licenses and related updates; financial supplies; certain revenue-sharing and royalty arrangements; and interest on amounts held for customers.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We record revenue net of sales tax obligations. For payroll services, we generally require customers to remit payroll tax funds to us in advance of the payroll date via electronic funds transfer. Revenue for electronic payment processing services that we provide to merchants is recorded net of interchange fees charged by credit card associations. We hold customer cash as part of delivering payroll and payment services, and we include in total net revenue the interest earned on these funds from the time they are collected until the time that we remit them to outside parties or merchants.</span></div><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Judgments and Estimates</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use a five-step process in determining how revenue is recognized, which requires judgment and estimates. These judgments and estimates include identifying performance obligations in the contract, determining whether the performance obligations are distinct, determining the SSP for each distinct performance obligation, determining the timing of revenue recognition for distinct performance obligations, and estimating the amount of variable consideration to include in the transaction price. Our contracts with customers often include promises to transfer multiple products and services generally capable of being distinct performance obligations. SSPs for distinct performance obligations are based on directly observable pricing, when applicable. In instances where the SSP is not directly observable, such as when we do not sell the product or service separately, we determine the SSP using information that may include market conditions and other observable inputs.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The functionality of the software licenses included in our consumer and professional tax and payroll desktop offerings is dependent on the related enhancements and updates included in these offerings. Judgment is required to determine whether the software license is considered distinct and accounted for separately, or not distinct and accounted for together with the related updates and recognized over time.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our consumer and professional tax desktop products include an on-premise tax software license and related tax form updates that are recognized as the forms and updates are delivered. We measure progress toward complete satisfaction of the software license and related tax form updates using an output method based on the timing of when the tax forms are delivered. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We generally provide refunds to customers for product returns and subscription cancellations. We also provide promotional discounts and incentive rebates on retail and distribution sales. These refunds, discounts, and incentive rebates are accounted for as variable consideration when estimating the amount of revenue to recognize. Refunds are estimated based on historical </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">experience and current business and economic indicators and are updated at the end of each reporting period as additional information becomes available to the extent that it is probable that a significant reversal of any incremental revenue will not occur. Discounts and incentive rebates are estimated based on distributors’ and retailers’ performance against the terms and conditions of the rebate programs.</span></div><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Deferred Revenue</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We record deferred revenue when we have entered into a contract with a customer and cash payments are received or due prior to transfer of control or satisfaction of the related performance obligation. Our deferred revenue primarily relates to our subscription offerings. During the twelve months ended July 31, 2026, we recognized revenue of $1.0 billion that was included in deferred revenue at July 31, 2025. During the twelve months ended July 31, 2025, we recognized revenue of $871 million that was included in deferred revenue at July 31, 2024.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our performance obligations are generally satisfied within 12 months of the initial contract date. As of July 31, 2026 and 2025</span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">the deferred revenue balance related to performance obligations that will be satisfied after 12 months was not material, and is included in other long-term obligations on our consolidated balance sheets.</span></div><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Assets Recognized from the Costs to Obtain a Contract with a Customer</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our sales commissions are considered incremental costs of obtaining the contract with a customer. Sales commissions for subscription offerings where we expect the benefit of those costs to continue longer than one year are capitalized and amortized ratably over the period of benefit, which ranges from <span style="-sec-ix-hidden:f-506">three</span> to four years. As of July 31, 2026 and 2025, total capitalized costs to obtain a contract were $145 million and $122 million, respectively, and are included in prepaid expenses and other current assets and other assets on our consolidated balance sheets.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We apply a practical expedient to expense costs incurred to obtain a contract with a customer when the period of benefit is less than one year. These costs primarily include internal and external sales commissions for our consumer and professional tax offerings.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Shipping and Handling</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We record the amounts we charge our customers for the shipping and handling of our software products as product and other revenue, and we record the related costs as cost of product and other revenue in our consolidated statements of operations. </span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Customer Service and Technical Support</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We include the costs of customer service and technical support associated with our online or hosted offerings in cost of service revenue in our consolidated statements of operations. We also include the costs of providing technical support for our desktop offerings in cost of service revenue. We include the costs of customer service related to desktop offerings in selling and marketing expense in our consolidated statements of operations. Customer service and technical support costs include costs associated with performing order processing, answering customer inquiries by telephone and through websites, email, and other electronic means, and providing technical support assistance to customers. We expense the cost of providing this support as incurred.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Software Development Costs</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We expense software development costs as we incur them until technological feasibility has been established, at which time those costs are capitalized until the product is available for general release to customers. To date, our software has been available for general release concurrent with the establishment of technological feasibility and, accordingly, we have not capitalized any development costs. Costs we incur to enhance our existing products are expensed in the period they are incurred and included in research and development expense in our consolidated statements of operations.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Internal Use Software</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We capitalize certain costs related to the development of hosted services that we provide to our customers and internal use of enterprise-level business and finance software in support of our operational needs. Costs incurred in the application development phase are capitalized and amortized on a straight-line basis over their useful lives, which are generally <span style="-sec-ix-hidden:f-513">three</span> to six years. Costs related to planning and other preliminary project activities and to post-implementation activities are expensed as incurred. We test these assets for impairment whenever events or changes in circumstances occur that could impact their recoverability.    </span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Advertising</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We expense all advertising costs as incurred and record them to selling and marketing expense in our consolidated statements </span></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">of operations. We recorded advertising expense of approximately $2.2 billion for the twelve months ended July 31, 2026, $2.1 billion for the twelve months ended July 31, 2025, and $1.7 billion for the twelve months ended July 31, 2024.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Leases</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our leases are primarily operating leases for office facilities. We determine if an arrangement is a lease and classify it as either a finance or operating lease at lease inception. Operating leases are included in operating lease right-of-use (ROU) assets, other current liabilities, and operating lease liabilities on our consolidated balance sheets.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Operating lease liabilities are recognized at the lease commencement date based on the present value of the future minimum lease payments over the lease term. Our leases generally do not have a readily determinable implicit rate, therefore we use our incremental borrowing rate at the commencement date in determining the present value of future payments. Our incremental borrowing rate is determined based on a yield curve derived from publicly traded bond offerings for companies with similar credit ratings to ours. Our lease terms may include options to purchase, extend, or terminate the lease when it is reasonably certain that we will exercise that option. We account for the lease and non-lease components as a single lease component.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We measure ROU assets based on the corresponding lease liabilities adjusted for any initial direct costs and prepaid lease payments made to the lessor before or at the commencement date, net of lease incentives. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term. Variable lease payments are not included in the calculation of the ROU asset and lease liability and are recognized as lease expense is incurred. Our variable lease payments generally relate to amounts paid to lessors for common area maintenance under our real estate leases.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our subleases generally do not relieve us of our primary obligations under the corresponding head lease. As a result, we account for the head lease based on the original assessment at inception. We determine if the sublease arrangement is either a sales-type, direct financing, or operating lease at inception. If the total remaining lease cost on the head lease for the term of the sublease is greater than the anticipated sublease income, the ROU asset is assessed for impairment. Our subleases are generally operating leases, and we recognize sublease income on a straight-line basis over the sublease term.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Capitalization of Interest Expense</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We capitalize interest on capital projects, including facilities build-out projects and internal use software projects. Capitalization commences with the first expenditure for the project and continues until the project is substantially complete and ready for its intended use. We amortize capitalized interest to depreciation expense using the straight-line method over the same lives as the related assets. Capitalized interest was not material for any period presented.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Foreign Currency</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The functional currencies of our international operating subsidiaries are generally the local currencies. We translate the assets and liabilities of our foreign subsidiaries at the exchange rates in effect on the balance sheet date. We translate the revenue, costs, and expenses of our foreign subsidiaries at the average rates of exchange in effect during the period. We include translation gains and losses in the stockholders’ equity section of our consolidated balance sheets. We include net gains and losses resulting from foreign exchange transactions in interest and other income or expense in our consolidated statements of operations. Translation gains and losses and transaction gains and losses were not material for any period presented. </span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Income Taxes</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We estimate our income taxes based on the various jurisdictions where we conduct business. Significant judgment is required in determining our worldwide income tax provision. We estimate our current tax liability and assess temporary differences that result from differing treatments of certain items for tax and accounting purposes. These differences result in deferred tax assets and liabilities, which we show on our consolidated balance sheets. We must then assess the likelihood that our deferred tax assets will be realized. To the extent we believe that realization is not likely, we establish a valuation allowance. When we establish a valuation allowance or increase this allowance in an accounting period, we record a corresponding income tax expense in our consolidated statements of operations.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We review the need for a valuation allowance to reflect uncertainties about whether we will be able to utilize some of our deferred tax assets before they expire. The valuation allowance analysis is based on our estimates of taxable income for the jurisdictions in which we operate and the periods over which our deferred tax assets will be realizable. We have considered future taxable income in assessing the need for a valuation allowance for the periods presented.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We recognize and measure benefits for uncertain tax positions using a two-step approach. The first step is to evaluate the tax position taken or expected to be taken in a tax return by determining if the weight of available evidence indicates that it is more likely than not that the tax position will be sustained upon audit, including resolution of any related appeals or litigation processes. For tax positions that are more likely than not of being sustained upon audit, the second step is to measure the tax benefit as the largest amount that is more than 50% likely of being realized upon settlement. Significant judgment is required to evaluate uncertain tax positions. We evaluate our uncertain tax positions on a quarterly basis. Our evaluations are based </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">upon a number of factors, including changes in facts or circumstances, changes in tax law, correspondence with tax authorities during the course of audits, and effective settlement of audit issues.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">A description of our accounting policies associated with tax-related contingencies and valuation allowances assumed as part of a business combination is provided under </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Business Combinations”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> below.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Computation of Net Income Per Share</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We compute basic net income per share using the weighted-average number of common shares outstanding during the period. We compute diluted net income per share using the weighted-average number of common shares and dilutive potential common shares outstanding during the period. Dilutive potential common shares consist of the shares issuable upon the exercise of stock options and upon the vesting of restricted stock units (RSUs) under the treasury stock method.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We include stock options with combined exercise prices and unrecognized compensation expense that are less than the average market price for our common stock, and RSUs with unrecognized compensation expense that is less than the average market price for our common stock, in the calculation of diluted net income per share. We exclude stock options with combined exercise prices and unrecognized compensation expense that are greater than the average market price for our common stock, and RSUs with unrecognized compensation expense that is greater than the average market price for our common stock, from the calculation of diluted net income per share because their effect is anti-dilutive. Under the treasury stock method, the amount that must be paid to exercise stock options and the amount of compensation expense for future service that we have not yet recognized for stock options and RSUs are assumed to be used to repurchase shares. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Dividend rights apply to all RSUs that we grant and are accumulated and paid when the underlying RSUs vest. Since dividend rights are subject to the same vesting requirements as the underlying equity awards, they are considered a contingent transfer of value. Consequently, the RSUs are not considered participating securities, and we do not present them separately in earnings per share. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table presents the composition of shares used in the computation of basic and diluted net income per share for the periods indicated.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions, except per share amounts)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Numerator:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net income</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,566 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,869 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,963 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Denominator:</span></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Shares used in basic per share calculations:</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average common shares outstanding</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">276 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">280 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">280 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Shares used in diluted per share calculations:</span></div></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average common shares outstanding</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">276 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">280 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">280 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dilutive potential common equivalent shares from share-based awards</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dilutive weighted-average common shares outstanding</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">277 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">283 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">284 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Basic and diluted net income per share:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Basic net income per share</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16.53 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13.82 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10.58 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Diluted net income per share</span></td><td style="border-top:3pt double #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:3pt double #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16.46 </span></td><td style="border-top:3pt double #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:3pt double #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:3pt double #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13.67 </span></td><td style="border-top:3pt double #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:3pt double #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:3pt double #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10.43 </span></td><td style="border-top:3pt double #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Shares excluded from diluted net income per share:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average share-based awards that have been excluded from dilutive common equivalent shares outstanding due to their anti-dilutive effect</span></div></td><td colspan="2" style="border-bottom:3pt double #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4 </span></td><td style="border-bottom:3pt double #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1 </span></td><td style="border-bottom:3pt double #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Cash Equivalents and Investments</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We consider highly liquid investments with maturities of three months or less at the date of purchase to be cash equivalents. In all periods presented, cash equivalents consist primarily of money market funds. Investments consist primarily of investment-grade available-for-sale debt securities. Except for direct obligations of the U.S. government, securities issued by agencies of the U.S. government, and money market funds, we diversify our investments by limiting our holdings with any individual issuer.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use the specific identification method to compute gains and losses on investments. We record unrealized gains and losses on investments, net of tax, in accumulated other comprehensive income (loss) in the stockholders’ equity section of our consolidated balance sheets and reflect unrealized gain and loss activity in other comprehensive income in our consolidated statements of comprehensive income. We generally classify available-for-sale debt securities as current assets based upon our ability and intent to use any and all of these securities as necessary to satisfy the significant short-term liquidity requirements </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">that may arise from the highly seasonal nature of our businesses. Because of our significant business seasonality, stock repurchase programs, and acquisition opportunities, cash flow requirements may fluctuate dramatically from quarter to quarter and require us to use a significant amount of the investments we hold as available-for-sale.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Accounts Receivable and Allowances for Doubtful Accounts</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Accounts receivable are recorded at the invoiced amount and are not interest bearing. Third-party payment processor receivables due from financial institutions for the settlement of credit and debit card transactions for the sales of our products and services are included in accounts receivable. We maintain an allowance for doubtful accounts to reserve for credit losses. In determining the amount of the allowance, we consider our historical level of credit losses, current economic trends that might impact the level of future credit losses, customer-specific information, and reasonable and supportable forecasts of future economic conditions to inform adjustments to historical loss data. We make judgments about the creditworthiness of significant customers based on ongoing credit evaluations. When we determine that amounts are uncollectible, we write them off against the allowance.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Funds Receivable and Amounts Held for Customers and Funds Payable and Amounts Due to Customers</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Funds receivable and amounts held for customers represent funds receivable from third-party payment processors for customer transactions, funds in transit to our customers, and funds held on behalf of our customers that are invested in cash and cash equivalents and investment-grade available-for-sale debt securities, which are restricted for use solely to satisfy amounts we owe on behalf of our customers. Funds payable and amounts due to customers consist of amounts we owe on behalf of our customers, such as direct deposit payroll funds and payroll taxes.</span></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our obligations with respect to funds we transmit on behalf of our customers are satisfied when the funds are settled in the customers’ accounts. These obligations, including funds in transit to our customers, are reflected in funds payable and amounts due to customers in the accompanying consolidated balance sheets.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Property and Equipment</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Property and equipment is stated at the lower of cost or realizable value, net of accumulated depreciation. We calculate depreciation using the straight-line method over the estimated useful lives of the assets, which range from <span style="-sec-ix-hidden:f-553">two</span> to 30 years. We amortize leasehold improvements using the straight-line method over the lesser of their estimated useful lives or remaining lease terms. We review property and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. We did not record any material property or equipment impairment charges during the twelve months ended July 31, 2026, 2025, or 2024.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Business Combinations</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The acquisition method of accounting for business combinations requires us to use significant estimates and assumptions, including fair value estimates, as of the business combination date and to refine those estimates as necessary during the measurement period, which is defined as the period, not to exceed one year, in which we may adjust the provisional amounts recognized for a business combination.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Under the acquisition method of accounting, we recognize separately from goodwill the identifiable assets acquired, the liabilities assumed, and any noncontrolling interests in an acquiree, generally at the acquisition date fair value. We measure goodwill as of the acquisition date as the excess of consideration transferred, which we also measure at fair value, over the net of the acquisition date amounts of the identifiable assets acquired and liabilities assumed. Costs that we incur to complete the business combination, such as investment banking, legal, and other professional fees, are not considered part of consideration, and we recognize such costs as general and administrative expenses as they are incurred. Under the acquisition method, we also account for acquired company restructuring activities that we initiate separately from the business combination.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Should the initial accounting for a business combination be incomplete by the end of a reporting period that falls within the measurement period, we report provisional amounts in our financial statements. During the measurement period, we adjust the provisional amounts recognized at the acquisition date to reflect new information obtained about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date, and we record those adjustments to our financial statements. We apply those measurement period adjustments that we determine to be material retrospectively to comparative information in our financial statements, including adjustments to depreciation and amortization expense.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Under the acquisition method of accounting for business combinations, if we identify changes to acquired deferred tax asset valuation allowances or liabilities related to uncertain tax positions during the measurement period, and they relate to new information obtained about facts and circumstances that existed as of the acquisition date, those changes are considered a measurement period adjustment and we record the offset to goodwill. We record all other changes to deferred tax asset valuation allowances and liabilities related to uncertain tax positions in current period income tax expense. This accounting applies to all of our acquisitions regardless of acquisition date.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Goodwill, Acquired Intangible Assets, and Other Long-Lived Assets</span></div></td></tr></table></div><div style="margin-top:4pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Goodwill</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We record goodwill when the fair value of consideration transferred in a business combination exceeds the fair value of the identifiable assets acquired and liabilities assumed. Goodwill is not amortized, but is tested for impairment annually during our fourth fiscal quarter and whenever an event or change in circumstances indicates that the carrying value of the asset may not be recoverable.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In accordance with authoritative guidance, we define fair value as the price that would be received from the sale of an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. We consider and use all valuation methods that are appropriate in estimating the fair value of our reporting units and generally use a weighted combination of income and market approaches. Under the income approach, we estimate the fair value of each reporting unit based on the present value of future cash flows. We use a number of assumptions in our discounted cash flow model, including market factors specific to the business, the amount and timing of estimated future cash flows to be generated by the business over an extended period of time, long-term growth rates for the business, and a rate of return that considers the relative risk of achieving the cash flows and the time value of money. Under the market approach, we estimate the fair value of each reporting unit based on market multiples of revenue, operating income, and earnings for comparable publicly traded companies engaged in similar businesses. If the estimated fair value of the reporting unit exceeds the carrying value of the net assets assigned to that unit, goodwill is not impaired.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">If the carrying value of the net assets assigned to a reporting unit exceeds the estimated fair value of the unit, we would record an impairment loss equal to the difference. We recorded no goodwill impairment charges for the twelve months ended July 31, 2026, 2025, or 2024.</span></div><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Acquired Intangible Assets and Other Long-Lived Assets</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We generally record acquired intangible assets that have finite useful lives, such as purchased technology, in connection with business combinations. We amortize the cost of acquired intangible assets on a straight-line basis over their estimated useful lives, which range from <span style="-sec-ix-hidden:f-561">three</span> to 15 years. We review intangible assets that have finite useful lives and other long-lived assets whenever an event or change in circumstances indicates that the carrying value of the asset may not be recoverable. We estimate the recoverability of these assets by comparing the carrying amount of the asset to the future undiscounted cash flows that we expect the asset to generate. We estimate the fair value of assets that have finite useful lives based on the present value of future cash flows for those assets. If the carrying value of an asset with a finite life exceeds its estimated fair value, we would record an impairment loss equal to the difference. Impairment charges for acquired intangible assets and other long-lived assets were not material for the twelve months ended July 31, 2026, 2025, or 2024.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Share-Based Compensation Plans</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">RSUs granted typically vest based on continued service. We value these time-based RSUs at the date of grant using the intrinsic value method. We amortize the fair value of time-based RSUs on a straight-line basis over the service period. Certain RSUs granted to senior management vest based on the achievement of pre-established market goals. We estimate the fair value of market-based RSUs at the date of grant using a Monte Carlo valuation methodology and amortize those fair values over the requisite service period for each separately vesting tranche of the award. The Monte Carlo methodology that we use to estimate the fair value of market-based RSUs at the date of grant incorporates into the valuation the possibility that the market condition may not be satisfied. Provided that the requisite service is rendered, the total fair value of the market-based RSUs at the date of grant must be recognized as compensation expense even if the market condition is not achieved. However, the number of shares that ultimately vest can vary significantly with the performance of the specified market criteria. We amortize the fair values of performance-based RSUs over the requisite service period for each separately vesting tranche of the award. All of the RSUs we grant have dividend rights that are subject to the same vesting requirements as the underlying equity awards, so we do not adjust the intrinsic (market) value of our RSUs for dividends.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We estimate the fair value of stock options granted using a lattice binomial model. We amortize the fair value of stock options on a straight-line basis over the requisite service periods of the awards, which are generally the vesting periods.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">See Note 11, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Stockholders’ Equity,”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> for a description of our share-based compensation plans and more information on the assumptions we use to calculate the fair value of share-based compensation.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Restructuring</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We record charges associated with management-approved restructuring plans as restructuring in our consolidated statements of operations. These charges may include severance and employee benefits, and costs to vacate facilities. We generally recognize employee severance costs when payments are probable and the amounts are estimable, or when notifications occur, depending on the region where the employee works. The liability for restructuring charges is included in accrued compensation and related liabilities in the accompanying consolidated balance sheets.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Concentration of Credit Risk and Significant Customers and Suppliers</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We operate in markets that are highly competitive and rapidly changing. Significant technological changes, shifting customer needs and expectations, the emergence of competitive products or services with new capabilities, and other factors could negatively impact our operating results.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We are also subject to risks related to changes in the value of our material balance of investments. Our portfolio of investments consists of investment-grade securities. Except for direct obligations of the U.S. government, securities issued by agencies of the U.S. government, and money market funds, we diversify our investments by limiting our holdings with any individual issuer. Our cash balances are primarily on deposit at high credit quality financial institutions. These deposits are typically in excess of insured limits.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We sell a portion of our products through third-party retailers and distributors. As a result, we face risks related to the collectibility of our accounts receivable. To appropriately manage this risk, we perform ongoing evaluations of customer credit and limit the amount of credit extended as we deem appropriate, but generally do not require collateral. We maintain reserves for estimated credit losses and these losses have historically been within our expectations. However, since we cannot predict future changes in the financial stability of our customers, we cannot guarantee that our reserves will continue to be adequate. No customer accounted for 10% or more of total net revenue for the twelve months ended July 31, 2026, 2025, or 2024, nor did any customer account for 10% or more of total accounts receivable at July 31, 2026 or July 31, 2025.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We primarily use two third-party public cloud providers for our cloud hosting needs. We also have a key single-source vendor that prints and fulfills orders for most of our financial supplies business. While we believe that relying on key vendors improves the efficiency and reliability of our business operations, relying on any one vendor for a significant aspect of our business can have a material negative impact on our revenue and profitability if that vendor fails to perform at acceptable service levels for any reason, including financial difficulties of the vendor.</span></div><div style="margin-top:14pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Accounting Standards Recently Adopted</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Income Tax: </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In December 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-09, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Income Taxes (Topic 740): Improvements to Income Tax Disclosures</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">.” This standard requires additional disclosures related to the income tax rate reconciliation, income taxes paid by jurisdiction, and other income tax-related disclosures. We adopted ASU 2023-09 for our annual reporting of fiscal 2026 on a retrospective basis. See Note 10, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Income Taxes,”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> for the additional required disclosures and more information.</span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Codification Improvements:</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In December 2025, the FASB issued ASU 2025-12, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Codification Improvements,</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">” which addresses various improvements across a wide range of topics in the FASB Accounting Standards Codification (ASC) to correct, clarify, and otherwise improve the ASC. Among other amendments, ASU 2025-12 includes Issue 10, which clarifies the permissible methods to account for treasury stock retirements under </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">ASC 505-30, Equity – Treasury Stock</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. The amendment codifies a third permissible method for accounting for the excess of the repurchase price of treasury shares over their par value upon formal or constructive retirement. Under this method, the excess may be charged entirely to additional paid-in capital (APIC) to the extent that APIC is available, with any remaining excess deducted from retained earnings.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We early adopted the amendments related to Issue 10 of ASU 2025-12 on a prospective basis effective as of the beginning of fiscal year 2026. As a result, for the twelve months ended July 31, 2026, we retired a total of 233 million, or $27.0 billion, of treasury shares, and reduced APIC by $23.2 billion and retained earnings by $3.8 billion, with no net impact to total stockholders’ equity on our consolidated balance sheets. See Note 11, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Stockholders’ Equity</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">,” for more information.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Accounting Standards Not Yet Adopted</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Disaggregation of Income Statement Expenses: </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In November 2024, the FASB issued ASU 2024-03, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Income Statement— Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses,”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> and in January 2025, the FASB issued ASU 2025-01, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date,”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> which clarified the effective date of ASU 2024-03. This standard requires entities to disaggregate operating expenses into specific categories such as employee compensation, depreciation, and intangible asset amortization, by relevant expense caption on the statement of operations. The standard is effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, which means that it will be effective for our annual reporting for the fiscal year ending July 31, 2028 and for interim period reporting beginning in fiscal 2029. Early adoption is permitted on either a prospective or retrospective basis. We are currently evaluating the impact of our pending adoption of ASU 2024-03 on our consolidated financial statements and related disclosures.</span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Measurement of Credit Losses for Accounts Receivable and Contract Assets:</span><span style="color:#236cff;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In July 2025, the FASB issued ASU 2025-05, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets.”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> This standard allows entities to apply a practical expedient when estimating expected credit losses for current accounts receivable and current contract assets that arise from transactions accounted for under FASB Accounting Standards Codification (ASC) Topic 606, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Revenue from Contracts with Customers.”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> The standard is effective for fiscal years beginning after December 15, 2025, including interim periods within those fiscal years, which means that it will be effective for us in the </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">first quarter of our fiscal year ending July 31, 2027. Early adoption is permitted, and the standard is to be applied prospectively. We have completed our evaluation of ASU 2025-05 and do not expect the adoption to have a material impact on our consolidated financial statements and related disclosures.</span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Internal-Use Software: </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In September 2025, the FASB issued ASU 2025-06, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software.”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> The standard removes all references to project stages and clarifies the threshold entities apply to begin capitalizing costs. The standard is effective for fiscal years beginning after December 15, 2027, including interim reporting periods within those fiscal years, which means that it will be effective for us in the first quarter of our fiscal year ending July 31, 2029. Early adoption is permitted, and the standard is to be applied using a prospective, retrospective, or modified transition approach. We are currently evaluating the impact of our pending adoption of ASU 2025-06 on our consolidated financial statements and related disclosures.</span></div> <div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Description of Business</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Intuit Inc. (Intuit, we, us, or our) is a global financial technology platform with a mission to power prosperity around the world. We help consumers do their taxes with ease and confidence and improve their financial success, from credit building to wealth building, with tax and personal finance products and services. We help small and mid-market businesses and accountants grow and run their businesses end-to-end, from lead to cash. This includes financial management, including payments and capital; compliance; human capital management; and marketing products and services. For accounting professionals, we provide professional tax and financial management products and services.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We do this through our platform that powers TurboTax, Credit Karma, QuickBooks, Mailchimp, Intuit Enterprise Suite, and Intuit Accountant Suite. Lacerte, ProSeries, and ProConnect Tax Online are our leading tax preparation offerings for professional accountants. Incorporated in 1984 and headquartered in Moun</span><span style="background-color:#ffffff;color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">tain View, California, we sell our products and services primarily in the United </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">States (U.S.).</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Basis of Presentation</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">These consolidated financial statements include the financial statements of Intuit and its wholly-owned subsidiaries and variable interest entities (VIEs), in which we have a controlling financial interest. We have eliminated all intercompany balances and transactions in consolidation. We have reclassified certain amounts previously reported in our financial statements to conform to the current presentation.</span></div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Effective August 1, 2025, we combined our Consumer, Credit Karma, and ProTax businesses into a single Consumer segment in order to better serve the diverse financial needs of our customers as one consumer platform. Our chief operating decision maker (CODM) allocates resources and assesses segment performance using regularly provided segment revenue and segment operating income information under this updated segment structure. To align results under this segment change, certain selling and marketing, product development, and general and administrative expenses for Credit Karma that were managed at the segment level are now managed at the platform level and are included in other corporate expenses rather than in segment expenses. Also on August 1, 2025, we reorganized certain marketing, communications, and customer success functions in our Global Business Solutions segment that support and benefit our overall platform and are managed at that level rather than at the segment level. Additionally, certain data science and analytics teams that were managed at the platform level are now managed at the segment level. We have recast certain previously reported amounts to conform to these segment changes. As a result of these changes, for the twelve months ended July 31, 2025 and 2024, we reclassified expenses totaling $9 million and $16 million from Global Business Solutions and $606 million and $585 million from Consumer to other corporate expenses, respectively, to conform to the current presentation. The segment changes primarily impacted Note 6, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Goodwill and Acquired Intangible Assets,</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">” Note 14, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Segment Information</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">,” and Note 15, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Restructuring</span>.” The recast of prior period information had no impact on our consolidated balance sheets, consolidated income statements, or consolidated cash flow statements. -9000000 9000000 -16000000 16000000 606000000 -606000000 -585000000 585000000 <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Seasonality</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Within our Consumer segment, our TurboTax and ProTax offerings have a significant and distinct seasonal pattern as sales and revenue from our income tax preparation products and services are typically heavily concentrated in the period from November through April. This seasonal pattern typically results in higher net revenues during our second and third quarters ending January 31 and April 30, respectively.</span></div> <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Principles of Consolidation</span></div></td></tr></table></div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We consolidate any VIE for which we are deemed to be the primary beneficiary. The primary beneficiary is the party that has the power to direct the activities of the VIE that most significantly impact its economic performance and the obligation to absorb losses, or the right to receive benefits, that could potentially be significant to the VIE. We have formed special-purpose vehicle subsidiaries (SPVs) that are VIEs, and we consolidate the SPVs because we have the power to direct the activities that most significantly impact the SPVs’ economic performance and absorb the losses or benefits of the notes receivable held at the SPVs. As of July 31, 2026 and July 31, 2025, the consolidated balance sheets include $388 million and $46 million, respectively, of cash and cash equivalents and $764 million and $1.3 billion, respectively, of notes receivable held by the SPVs, both of which are pledged as collateral for our outstanding borrowings under our secured revolving credit facilities as of those dates. See Note 7, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Debt,”</span> for more information. We evaluate on an ongoing basis whether we continue to be the primary beneficiary of the SPVs. 388000000 46000000 764000000 1300000000 <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Use of Estimates</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In preparing our consolidated financial statements in accordance with U.S. generally accepted accounting principles (GAAP), we make certain judgments, estimates, and assumptions that affect the amounts reported in our financial statements and the disclosures made in the accompanying notes. For example, we use judgments and estimates in determining how revenue should be recognized. These judgments and estimates include identifying performance obligations, determining if the performance obligations are distinct, determining the standalone selling price (SSP) and timing of revenue recognition for each distinct performance obligation, and estimating variable consideration to be included in the transaction price. We use estimates in determining the collectibility of accounts receivable and notes receivable held for investment, the appropriate levels of various accruals including accruals for litigation contingencies, the discount rate used to calculate lease liabilities, the amount of our worldwide tax provision, the realizability of deferred tax assets, the credit losses of available-for-sale debt securities, the fair value of assets acquired and liabilities assumed for business combinations, and the fair value of notes receivable held for sale. We also use estimates in determining the remaining economic lives and fair values of acquired intangible assets, property and equipment, and other long-lived assets. In addition, we use assumptions to estimate the fair value of reporting units and share-based compensation. Despite our intention to establish accurate estimates and use reasonable assumptions, actual results may differ from our estimates.</span></div> <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Revenue Recognition</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We derive our revenue primarily from the sale of online offerings such as tax, accounting, payroll, merchant payment processing services, delivery of qualified links, marketing automation, live expert advice, financing for small and mid-market businesses, and desktop software products, desktop software subscriptions, and financial supplies. We enter into contracts with customers that include promises to transfer various products and services, which are generally capable of being distinct and accounted for as separate performance obligations. Revenue is recognized when the promised goods or services are transferred to customers, in an amount that reflects the consideration allocated to the respective performance obligation.</span></div><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Nature of Products and Services</span></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Online Offerings</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our online offerings include TurboTax Online, TurboTax Expert Assist and TurboTax Expert Full Service, ProConnect Tax Online, QuickBooks Online, Intuit Enterprise Suite, Intuit Accountant Suite, Mailchimp offerings, QuickBooks Workforce, and merchant payment processing services for small and mid-market businesses who use our online offerings.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">These online offerings provide customers with the right to use the hosted software over the contract period without taking possession of the software and are billed on either a subscription or consumption basis. Revenue related to our online offerings that are billed on a subscription basis is recognized ratably over the contract period. Revenue related to online offerings that are billed on a consumption basis is recognized when the customer consumes the related service. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Credit Karma revenue is primarily comprised of revenue from the delivery of qualified links that result in completed actions, or cost-per-action transactions. Cost-per-action revenue is earned based on a predetermined fee for approved actions, such as when credit cards are issued or when personal loans and other loans to businesses are funded. Revenue is recognized when a lead is generated that results in one of these approved actions. </span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Desktop Offerings</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our desktop offerings consist of our subscription-based QuickBooks Desktop products, our consumer and professional tax desktop products, which include TurboTax, Lacerte, and ProSeries, our desktop payroll products, and merchant payment processing services for small and mid-market businesses who use our desktop offerings.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our QuickBooks Desktop software subscriptions include a term software license, support, and various connected services. Subscriptions sold in fiscal 2024 include version protection updates, and subscriptions sold after fiscal 2024 include when-and-if-available product upgrades and enhancements. We recognize revenue for the software license and version protection updates at the time they are delivered and recognize revenue for when-and-if-available product upgrades and enhancements, support, and connected services over the subscription term as services are provided. For subscriptions sold in fiscal 2024, periodic delivery of version protection updates occurred through the first quarter of fiscal 2025, and the associated revenue was recognized upon delivery as noted above. Beginning in the second quarter of fiscal 2025, product upgrades and enhancements are delivered on a when-and-if-available basis, and the associated revenue is recognized on a straight-line basis over the term during which those product upgrades and enhancements are provided. Prior to fiscal 2025, we determined that the enhancements included in our QuickBooks Desktop software subscriptions were not material within the context of the contract.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our consumer and professional tax desktop software products include an on-premise tax software license, related tax form updates, electronic filing service, and connected services. We recognize revenue for the software license and related tax form updates, as one performance obligation, over the period the forms and updates are delivered. We recognize revenue for our electronic filings service and connected services as services are provided. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We also sell some of our consumer tax desktop software products in non-consignment and consignment arrangements to certain retailers. For these retailers, we begin recognizing revenue when control has transferred to the retailer for non-consignment arrangements or to the customer for consignment arrangements.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our desktop payroll products are sold as software subscriptions and include a term software license with a stand-ready obligation to maintain compliance with current payroll tax laws, support, and connected services. The term software license and stand-ready obligation to maintain compliance with current payroll tax laws is considered one performance obligation. As a result, revenue is recognized ratably over the subscription term as services are provided. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We offer merchant payment processing services as a separately paid connected service for our QuickBooks Desktop software subscriptions, and revenue is recognized as services are provided to the customers.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Other Solutions</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Revenue from the sale of our financial supplies, such as printed check stock, is recognized when control is transferred to the customer, which is generally when the products are shipped.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Interest revenue is earned on loans originated or purchased and held for investment in accordance with the specified period of time and defined interest rate noted in the loan contract and is recorded net of amortized deferred origination cost and fees, discounts, and purchase premiums. We recognize a gain or loss on the sale of loans sold to third parties by calculating the difference between the proceeds received and the carrying value of the loans sold. Interest revenue and gains on sales of loans were not material for all periods presented.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We also have revenue-sharing and royalty arrangements with third-party partners and recognize this revenue as earned based upon reporting provided to us by our partners. In instances where we do not have reporting from our partners, we estimate revenue based on information available to us at the time. Adjustments to our estimates based on actual results have not been material to our consolidated financial statements for any period presented.</span></div><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Types of Revenue</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Service revenue includes revenue from: our online offerings discussed above; our Credit Karma offerings; support, electronic filing services, when-and-if-available product upgrades and enhancements, and connected services included with our desktop offerings; merchant payment processing services; certain revenue-sharing and royalty arrangements; and interest on notes receivable.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Product and other revenue includes revenue from: QuickBooks Desktop software licenses and version protection updates; consumer and professional tax desktop licenses and the related tax form updates; desktop payroll licenses and related updates; financial supplies; certain revenue-sharing and royalty arrangements; and interest on amounts held for customers.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We record revenue net of sales tax obligations. For payroll services, we generally require customers to remit payroll tax funds to us in advance of the payroll date via electronic funds transfer. Revenue for electronic payment processing services that we provide to merchants is recorded net of interchange fees charged by credit card associations. We hold customer cash as part of delivering payroll and payment services, and we include in total net revenue the interest earned on these funds from the time they are collected until the time that we remit them to outside parties or merchants.</span></div><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Judgments and Estimates</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use a five-step process in determining how revenue is recognized, which requires judgment and estimates. These judgments and estimates include identifying performance obligations in the contract, determining whether the performance obligations are distinct, determining the SSP for each distinct performance obligation, determining the timing of revenue recognition for distinct performance obligations, and estimating the amount of variable consideration to include in the transaction price. Our contracts with customers often include promises to transfer multiple products and services generally capable of being distinct performance obligations. SSPs for distinct performance obligations are based on directly observable pricing, when applicable. In instances where the SSP is not directly observable, such as when we do not sell the product or service separately, we determine the SSP using information that may include market conditions and other observable inputs.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The functionality of the software licenses included in our consumer and professional tax and payroll desktop offerings is dependent on the related enhancements and updates included in these offerings. Judgment is required to determine whether the software license is considered distinct and accounted for separately, or not distinct and accounted for together with the related updates and recognized over time.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our consumer and professional tax desktop products include an on-premise tax software license and related tax form updates that are recognized as the forms and updates are delivered. We measure progress toward complete satisfaction of the software license and related tax form updates using an output method based on the timing of when the tax forms are delivered. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We generally provide refunds to customers for product returns and subscription cancellations. We also provide promotional discounts and incentive rebates on retail and distribution sales. These refunds, discounts, and incentive rebates are accounted for as variable consideration when estimating the amount of revenue to recognize. Refunds are estimated based on historical </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">experience and current business and economic indicators and are updated at the end of each reporting period as additional information becomes available to the extent that it is probable that a significant reversal of any incremental revenue will not occur. Discounts and incentive rebates are estimated based on distributors’ and retailers’ performance against the terms and conditions of the rebate programs.</span></div><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Deferred Revenue</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We record deferred revenue when we have entered into a contract with a customer and cash payments are received or due prior to transfer of control or satisfaction of the related performance obligation. Our deferred revenue primarily relates to our subscription offerings. During the twelve months ended July 31, 2026, we recognized revenue of $1.0 billion that was included in deferred revenue at July 31, 2025. During the twelve months ended July 31, 2025, we recognized revenue of $871 million that was included in deferred revenue at July 31, 2024.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our performance obligations are generally satisfied within 12 months of the initial contract date. As of July 31, 2026 and 2025</span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">the deferred revenue balance related to performance obligations that will be satisfied after 12 months was not material, and is included in other long-term obligations on our consolidated balance sheets.</span></div><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Assets Recognized from the Costs to Obtain a Contract with a Customer</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our sales commissions are considered incremental costs of obtaining the contract with a customer. Sales commissions for subscription offerings where we expect the benefit of those costs to continue longer than one year are capitalized and amortized ratably over the period of benefit, which ranges from <span style="-sec-ix-hidden:f-506">three</span> to four years. As of July 31, 2026 and 2025, total capitalized costs to obtain a contract were $145 million and $122 million, respectively, and are included in prepaid expenses and other current assets and other assets on our consolidated balance sheets.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We apply a practical expedient to expense costs incurred to obtain a contract with a customer when the period of benefit is less than one year. These costs primarily include internal and external sales commissions for our consumer and professional tax offerings.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Shipping and Handling</span></div></td></tr></table></div>We record the amounts we charge our customers for the shipping and handling of our software products as product and other revenue, and we record the related costs as cost of product and other revenue in our consolidated statements of operations. 1000000000.0 871000000 12 months P4Y 145000000 122000000 <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Customer Service and Technical Support</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We include the costs of customer service and technical support associated with our online or hosted offerings in cost of service revenue in our consolidated statements of operations. We also include the costs of providing technical support for our desktop offerings in cost of service revenue. We include the costs of customer service related to desktop offerings in selling and marketing expense in our consolidated statements of operations. Customer service and technical support costs include costs associated with performing order processing, answering customer inquiries by telephone and through websites, email, and other electronic means, and providing technical support assistance to customers. We expense the cost of providing this support as incurred.</span></div> <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Software Development Costs</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We expense software development costs as we incur them until technological feasibility has been established, at which time those costs are capitalized until the product is available for general release to customers. To date, our software has been available for general release concurrent with the establishment of technological feasibility and, accordingly, we have not capitalized any development costs. Costs we incur to enhance our existing products are expensed in the period they are incurred and included in research and development expense in our consolidated statements of operations.</span></div> <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Internal Use Software</span></div></td></tr></table></div>We capitalize certain costs related to the development of hosted services that we provide to our customers and internal use of enterprise-level business and finance software in support of our operational needs. Costs incurred in the application development phase are capitalized and amortized on a straight-line basis over their useful lives, which are generally <span style="-sec-ix-hidden:f-513">three</span> to six years. Costs related to planning and other preliminary project activities and to post-implementation activities are expensed as incurred. We test these assets for impairment whenever events or changes in circumstances occur that could impact their recoverability. P6Y <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Advertising</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We expense all advertising costs as incurred and record them to selling and marketing expense in our consolidated statements </span></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">of operations. We recorded advertising expense of approximately $2.2 billion for the twelve months ended July 31, 2026, $2.1 billion for the twelve months ended July 31, 2025, and $1.7 billion for the twelve months ended July 31, 2024.</span></div> 2200000000 2100000000 1700000000 <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Leases</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our leases are primarily operating leases for office facilities. We determine if an arrangement is a lease and classify it as either a finance or operating lease at lease inception. Operating leases are included in operating lease right-of-use (ROU) assets, other current liabilities, and operating lease liabilities on our consolidated balance sheets.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Operating lease liabilities are recognized at the lease commencement date based on the present value of the future minimum lease payments over the lease term. Our leases generally do not have a readily determinable implicit rate, therefore we use our incremental borrowing rate at the commencement date in determining the present value of future payments. Our incremental borrowing rate is determined based on a yield curve derived from publicly traded bond offerings for companies with similar credit ratings to ours. Our lease terms may include options to purchase, extend, or terminate the lease when it is reasonably certain that we will exercise that option. We account for the lease and non-lease components as a single lease component.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We measure ROU assets based on the corresponding lease liabilities adjusted for any initial direct costs and prepaid lease payments made to the lessor before or at the commencement date, net of lease incentives. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term. Variable lease payments are not included in the calculation of the ROU asset and lease liability and are recognized as lease expense is incurred. Our variable lease payments generally relate to amounts paid to lessors for common area maintenance under our real estate leases.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our subleases generally do not relieve us of our primary obligations under the corresponding head lease. As a result, we account for the head lease based on the original assessment at inception. We determine if the sublease arrangement is either a sales-type, direct financing, or operating lease at inception. If the total remaining lease cost on the head lease for the term of the sublease is greater than the anticipated sublease income, the ROU asset is assessed for impairment. Our subleases are generally operating leases, and we recognize sublease income on a straight-line basis over the sublease term.</span></div> <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Capitalization of Interest Expense</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We capitalize interest on capital projects, including facilities build-out projects and internal use software projects. Capitalization commences with the first expenditure for the project and continues until the project is substantially complete and ready for its intended use. We amortize capitalized interest to depreciation expense using the straight-line method over the same lives as the related assets. Capitalized interest was not material for any period presented.</span></div> <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Foreign Currency</span></div></td></tr></table></div>The functional currencies of our international operating subsidiaries are generally the local currencies. We translate the assets and liabilities of our foreign subsidiaries at the exchange rates in effect on the balance sheet date. We translate the revenue, costs, and expenses of our foreign subsidiaries at the average rates of exchange in effect during the period. We include translation gains and losses in the stockholders’ equity section of our consolidated balance sheets. We include net gains and losses resulting from foreign exchange transactions in interest and other income or expense in our consolidated statements of operations. Translation gains and losses and transaction gains and losses were not material for any period presented. <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Income Taxes</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We estimate our income taxes based on the various jurisdictions where we conduct business. Significant judgment is required in determining our worldwide income tax provision. We estimate our current tax liability and assess temporary differences that result from differing treatments of certain items for tax and accounting purposes. These differences result in deferred tax assets and liabilities, which we show on our consolidated balance sheets. We must then assess the likelihood that our deferred tax assets will be realized. To the extent we believe that realization is not likely, we establish a valuation allowance. When we establish a valuation allowance or increase this allowance in an accounting period, we record a corresponding income tax expense in our consolidated statements of operations.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We review the need for a valuation allowance to reflect uncertainties about whether we will be able to utilize some of our deferred tax assets before they expire. The valuation allowance analysis is based on our estimates of taxable income for the jurisdictions in which we operate and the periods over which our deferred tax assets will be realizable. We have considered future taxable income in assessing the need for a valuation allowance for the periods presented.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We recognize and measure benefits for uncertain tax positions using a two-step approach. The first step is to evaluate the tax position taken or expected to be taken in a tax return by determining if the weight of available evidence indicates that it is more likely than not that the tax position will be sustained upon audit, including resolution of any related appeals or litigation processes. For tax positions that are more likely than not of being sustained upon audit, the second step is to measure the tax benefit as the largest amount that is more than 50% likely of being realized upon settlement. Significant judgment is required to evaluate uncertain tax positions. We evaluate our uncertain tax positions on a quarterly basis. Our evaluations are based </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">upon a number of factors, including changes in facts or circumstances, changes in tax law, correspondence with tax authorities during the course of audits, and effective settlement of audit issues.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">A description of our accounting policies associated with tax-related contingencies and valuation allowances assumed as part of a business combination is provided under </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Business Combinations”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> below.</span></div> <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Computation of Net Income Per Share</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We compute basic net income per share using the weighted-average number of common shares outstanding during the period. We compute diluted net income per share using the weighted-average number of common shares and dilutive potential common shares outstanding during the period. Dilutive potential common shares consist of the shares issuable upon the exercise of stock options and upon the vesting of restricted stock units (RSUs) under the treasury stock method.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We include stock options with combined exercise prices and unrecognized compensation expense that are less than the average market price for our common stock, and RSUs with unrecognized compensation expense that is less than the average market price for our common stock, in the calculation of diluted net income per share. We exclude stock options with combined exercise prices and unrecognized compensation expense that are greater than the average market price for our common stock, and RSUs with unrecognized compensation expense that is greater than the average market price for our common stock, from the calculation of diluted net income per share because their effect is anti-dilutive. Under the treasury stock method, the amount that must be paid to exercise stock options and the amount of compensation expense for future service that we have not yet recognized for stock options and RSUs are assumed to be used to repurchase shares. </span></div>Dividend rights apply to all RSUs that we grant and are accumulated and paid when the underlying RSUs vest. Since dividend rights are subject to the same vesting requirements as the underlying equity awards, they are considered a contingent transfer of value. Consequently, the RSUs are not considered participating securities, and we do not present them separately in earnings per share. <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table presents the composition of shares used in the computation of basic and diluted net income per share for the periods indicated.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions, except per share amounts)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Numerator:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net income</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,566 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,869 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,963 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Denominator:</span></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Shares used in basic per share calculations:</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average common shares outstanding</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">276 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">280 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">280 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Shares used in diluted per share calculations:</span></div></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average common shares outstanding</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">276 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">280 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">280 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dilutive potential common equivalent shares from share-based awards</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dilutive weighted-average common shares outstanding</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">277 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">283 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">284 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Basic and diluted net income per share:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Basic net income per share</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16.53 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13.82 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10.58 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Diluted net income per share</span></td><td style="border-top:3pt double #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:3pt double #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16.46 </span></td><td style="border-top:3pt double #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:3pt double #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:3pt double #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13.67 </span></td><td style="border-top:3pt double #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:3pt double #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:3pt double #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10.43 </span></td><td style="border-top:3pt double #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Shares excluded from diluted net income per share:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average share-based awards that have been excluded from dilutive common equivalent shares outstanding due to their anti-dilutive effect</span></div></td><td colspan="2" style="border-bottom:3pt double #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4 </span></td><td style="border-bottom:3pt double #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1 </span></td><td style="border-bottom:3pt double #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 4566000000 3869000000 2963000000 276000000 280000000 280000000 276000000 280000000 280000000 1000000 3000000 4000000 277000000 283000000 284000000 16.53 13.82 10.58 16.46 13.67 10.43 4000000 0 1000000 <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Cash Equivalents and Investments</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We consider highly liquid investments with maturities of three months or less at the date of purchase to be cash equivalents. In all periods presented, cash equivalents consist primarily of money market funds. Investments consist primarily of investment-grade available-for-sale debt securities. Except for direct obligations of the U.S. government, securities issued by agencies of the U.S. government, and money market funds, we diversify our investments by limiting our holdings with any individual issuer.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use the specific identification method to compute gains and losses on investments. We record unrealized gains and losses on investments, net of tax, in accumulated other comprehensive income (loss) in the stockholders’ equity section of our consolidated balance sheets and reflect unrealized gain and loss activity in other comprehensive income in our consolidated statements of comprehensive income. We generally classify available-for-sale debt securities as current assets based upon our ability and intent to use any and all of these securities as necessary to satisfy the significant short-term liquidity requirements </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">that may arise from the highly seasonal nature of our businesses. Because of our significant business seasonality, stock repurchase programs, and acquisition opportunities, cash flow requirements may fluctuate dramatically from quarter to quarter and require us to use a significant amount of the investments we hold as available-for-sale.</span></div> <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Accounts Receivable and Allowances for Doubtful Accounts</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Accounts receivable are recorded at the invoiced amount and are not interest bearing. Third-party payment processor receivables due from financial institutions for the settlement of credit and debit card transactions for the sales of our products and services are included in accounts receivable. We maintain an allowance for doubtful accounts to reserve for credit losses. In determining the amount of the allowance, we consider our historical level of credit losses, current economic trends that might impact the level of future credit losses, customer-specific information, and reasonable and supportable forecasts of future economic conditions to inform adjustments to historical loss data. We make judgments about the creditworthiness of significant customers based on ongoing credit evaluations. When we determine that amounts are uncollectible, we write them off against the allowance.</span></div> <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Funds Receivable and Amounts Held for Customers and Funds Payable and Amounts Due to Customers</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Funds receivable and amounts held for customers represent funds receivable from third-party payment processors for customer transactions, funds in transit to our customers, and funds held on behalf of our customers that are invested in cash and cash equivalents and investment-grade available-for-sale debt securities, which are restricted for use solely to satisfy amounts we owe on behalf of our customers. Funds payable and amounts due to customers consist of amounts we owe on behalf of our customers, such as direct deposit payroll funds and payroll taxes.</span></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our obligations with respect to funds we transmit on behalf of our customers are satisfied when the funds are settled in the customers’ accounts. These obligations, including funds in transit to our customers, are reflected in funds payable and amounts due to customers in the accompanying consolidated balance sheets.</span></div> <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Property and Equipment</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Property and equipment is stated at the lower of cost or realizable value, net of accumulated depreciation. We calculate depreciation using the straight-line method over the estimated useful lives of the assets, which range from <span style="-sec-ix-hidden:f-553">two</span> to 30 years. We amortize leasehold improvements using the straight-line method over the lesser of their estimated useful lives or remaining lease terms. We review property and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. We did not record any material property or equipment impairment charges during the twelve months ended July 31, 2026, 2025, or 2024.</span></div> P30Y <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Business Combinations</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The acquisition method of accounting for business combinations requires us to use significant estimates and assumptions, including fair value estimates, as of the business combination date and to refine those estimates as necessary during the measurement period, which is defined as the period, not to exceed one year, in which we may adjust the provisional amounts recognized for a business combination.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Under the acquisition method of accounting, we recognize separately from goodwill the identifiable assets acquired, the liabilities assumed, and any noncontrolling interests in an acquiree, generally at the acquisition date fair value. We measure goodwill as of the acquisition date as the excess of consideration transferred, which we also measure at fair value, over the net of the acquisition date amounts of the identifiable assets acquired and liabilities assumed. Costs that we incur to complete the business combination, such as investment banking, legal, and other professional fees, are not considered part of consideration, and we recognize such costs as general and administrative expenses as they are incurred. Under the acquisition method, we also account for acquired company restructuring activities that we initiate separately from the business combination.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Should the initial accounting for a business combination be incomplete by the end of a reporting period that falls within the measurement period, we report provisional amounts in our financial statements. During the measurement period, we adjust the provisional amounts recognized at the acquisition date to reflect new information obtained about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date, and we record those adjustments to our financial statements. We apply those measurement period adjustments that we determine to be material retrospectively to comparative information in our financial statements, including adjustments to depreciation and amortization expense.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Under the acquisition method of accounting for business combinations, if we identify changes to acquired deferred tax asset valuation allowances or liabilities related to uncertain tax positions during the measurement period, and they relate to new information obtained about facts and circumstances that existed as of the acquisition date, those changes are considered a measurement period adjustment and we record the offset to goodwill. We record all other changes to deferred tax asset valuation allowances and liabilities related to uncertain tax positions in current period income tax expense. This accounting applies to all of our acquisitions regardless of acquisition date.</span></div> P1Y <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Goodwill, Acquired Intangible Assets, and Other Long-Lived Assets</span></div></td></tr></table></div><div style="margin-top:4pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Goodwill</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We record goodwill when the fair value of consideration transferred in a business combination exceeds the fair value of the identifiable assets acquired and liabilities assumed. Goodwill is not amortized, but is tested for impairment annually during our fourth fiscal quarter and whenever an event or change in circumstances indicates that the carrying value of the asset may not be recoverable.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In accordance with authoritative guidance, we define fair value as the price that would be received from the sale of an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. We consider and use all valuation methods that are appropriate in estimating the fair value of our reporting units and generally use a weighted combination of income and market approaches. Under the income approach, we estimate the fair value of each reporting unit based on the present value of future cash flows. We use a number of assumptions in our discounted cash flow model, including market factors specific to the business, the amount and timing of estimated future cash flows to be generated by the business over an extended period of time, long-term growth rates for the business, and a rate of return that considers the relative risk of achieving the cash flows and the time value of money. Under the market approach, we estimate the fair value of each reporting unit based on market multiples of revenue, operating income, and earnings for comparable publicly traded companies engaged in similar businesses. If the estimated fair value of the reporting unit exceeds the carrying value of the net assets assigned to that unit, goodwill is not impaired.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">If the carrying value of the net assets assigned to a reporting unit exceeds the estimated fair value of the unit, we would record an impairment loss equal to the difference. We recorded no goodwill impairment charges for the twelve months ended July 31, 2026, 2025, or 2024.</span></div><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Acquired Intangible Assets and Other Long-Lived Assets</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We generally record acquired intangible assets that have finite useful lives, such as purchased technology, in connection with business combinations. We amortize the cost of acquired intangible assets on a straight-line basis over their estimated useful lives, which range from <span style="-sec-ix-hidden:f-561">three</span> to 15 years. We review intangible assets that have finite useful lives and other long-lived assets whenever an event or change in circumstances indicates that the carrying value of the asset may not be recoverable. We estimate the recoverability of these assets by comparing the carrying amount of the asset to the future undiscounted cash flows that we expect the asset to generate. We estimate the fair value of assets that have finite useful lives based on the present value of future cash flows for those assets. If the carrying value of an asset with a finite life exceeds its estimated fair value, we would record an impairment loss equal to the difference. Impairment charges for acquired intangible assets and other long-lived assets were not material for the twelve months ended July 31, 2026, 2025, or 2024.</span></div> 0 0 0 P15Y <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Share-Based Compensation Plans</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">RSUs granted typically vest based on continued service. We value these time-based RSUs at the date of grant using the intrinsic value method. We amortize the fair value of time-based RSUs on a straight-line basis over the service period. Certain RSUs granted to senior management vest based on the achievement of pre-established market goals. We estimate the fair value of market-based RSUs at the date of grant using a Monte Carlo valuation methodology and amortize those fair values over the requisite service period for each separately vesting tranche of the award. The Monte Carlo methodology that we use to estimate the fair value of market-based RSUs at the date of grant incorporates into the valuation the possibility that the market condition may not be satisfied. Provided that the requisite service is rendered, the total fair value of the market-based RSUs at the date of grant must be recognized as compensation expense even if the market condition is not achieved. However, the number of shares that ultimately vest can vary significantly with the performance of the specified market criteria. We amortize the fair values of performance-based RSUs over the requisite service period for each separately vesting tranche of the award. All of the RSUs we grant have dividend rights that are subject to the same vesting requirements as the underlying equity awards, so we do not adjust the intrinsic (market) value of our RSUs for dividends.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We estimate the fair value of stock options granted using a lattice binomial model. We amortize the fair value of stock options on a straight-line basis over the requisite service periods of the awards, which are generally the vesting periods.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">See Note 11, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Stockholders’ Equity,”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> for a description of our share-based compensation plans and more information on the assumptions we use to calculate the fair value of share-based compensation.</span></div> <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Restructuring</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We record charges associated with management-approved restructuring plans as restructuring in our consolidated statements of operations. These charges may include severance and employee benefits, and costs to vacate facilities. We generally recognize employee severance costs when payments are probable and the amounts are estimable, or when notifications occur, depending on the region where the employee works. The liability for restructuring charges is included in accrued compensation and related liabilities in the accompanying consolidated balance sheets.</span></div> <div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Concentration of Credit Risk and Significant Customers and Suppliers</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We operate in markets that are highly competitive and rapidly changing. Significant technological changes, shifting customer needs and expectations, the emergence of competitive products or services with new capabilities, and other factors could negatively impact our operating results.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We are also subject to risks related to changes in the value of our material balance of investments. Our portfolio of investments consists of investment-grade securities. Except for direct obligations of the U.S. government, securities issued by agencies of the U.S. government, and money market funds, we diversify our investments by limiting our holdings with any individual issuer. Our cash balances are primarily on deposit at high credit quality financial institutions. These deposits are typically in excess of insured limits.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We sell a portion of our products through third-party retailers and distributors. As a result, we face risks related to the collectibility of our accounts receivable. To appropriately manage this risk, we perform ongoing evaluations of customer credit and limit the amount of credit extended as we deem appropriate, but generally do not require collateral. We maintain reserves for estimated credit losses and these losses have historically been within our expectations. However, since we cannot predict future changes in the financial stability of our customers, we cannot guarantee that our reserves will continue to be adequate. No customer accounted for 10% or more of total net revenue for the twelve months ended July 31, 2026, 2025, or 2024, nor did any customer account for 10% or more of total accounts receivable at July 31, 2026 or July 31, 2025.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We primarily use two third-party public cloud providers for our cloud hosting needs. We also have a key single-source vendor that prints and fulfills orders for most of our financial supplies business. While we believe that relying on key vendors improves the efficiency and reliability of our business operations, relying on any one vendor for a significant aspect of our business can have a material negative impact on our revenue and profitability if that vendor fails to perform at acceptable service levels for any reason, including financial difficulties of the vendor.</span></div> 2 <div style="margin-top:14pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Accounting Standards Recently Adopted</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Income Tax: </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In December 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-09, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Income Taxes (Topic 740): Improvements to Income Tax Disclosures</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">.” This standard requires additional disclosures related to the income tax rate reconciliation, income taxes paid by jurisdiction, and other income tax-related disclosures. We adopted ASU 2023-09 for our annual reporting of fiscal 2026 on a retrospective basis. See Note 10, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Income Taxes,”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> for the additional required disclosures and more information.</span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Codification Improvements:</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In December 2025, the FASB issued ASU 2025-12, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Codification Improvements,</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">” which addresses various improvements across a wide range of topics in the FASB Accounting Standards Codification (ASC) to correct, clarify, and otherwise improve the ASC. Among other amendments, ASU 2025-12 includes Issue 10, which clarifies the permissible methods to account for treasury stock retirements under </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">ASC 505-30, Equity – Treasury Stock</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. The amendment codifies a third permissible method for accounting for the excess of the repurchase price of treasury shares over their par value upon formal or constructive retirement. Under this method, the excess may be charged entirely to additional paid-in capital (APIC) to the extent that APIC is available, with any remaining excess deducted from retained earnings.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We early adopted the amendments related to Issue 10 of ASU 2025-12 on a prospective basis effective as of the beginning of fiscal year 2026. As a result, for the twelve months ended July 31, 2026, we retired a total of 233 million, or $27.0 billion, of treasury shares, and reduced APIC by $23.2 billion and retained earnings by $3.8 billion, with no net impact to total stockholders’ equity on our consolidated balance sheets. See Note 11, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Stockholders’ Equity</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">,” for more information.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Accounting Standards Not Yet Adopted</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Disaggregation of Income Statement Expenses: </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In November 2024, the FASB issued ASU 2024-03, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Income Statement— Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses,”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> and in January 2025, the FASB issued ASU 2025-01, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date,”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> which clarified the effective date of ASU 2024-03. This standard requires entities to disaggregate operating expenses into specific categories such as employee compensation, depreciation, and intangible asset amortization, by relevant expense caption on the statement of operations. The standard is effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, which means that it will be effective for our annual reporting for the fiscal year ending July 31, 2028 and for interim period reporting beginning in fiscal 2029. Early adoption is permitted on either a prospective or retrospective basis. We are currently evaluating the impact of our pending adoption of ASU 2024-03 on our consolidated financial statements and related disclosures.</span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Measurement of Credit Losses for Accounts Receivable and Contract Assets:</span><span style="color:#236cff;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In July 2025, the FASB issued ASU 2025-05, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets.”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> This standard allows entities to apply a practical expedient when estimating expected credit losses for current accounts receivable and current contract assets that arise from transactions accounted for under FASB Accounting Standards Codification (ASC) Topic 606, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Revenue from Contracts with Customers.”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> The standard is effective for fiscal years beginning after December 15, 2025, including interim periods within those fiscal years, which means that it will be effective for us in the </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">first quarter of our fiscal year ending July 31, 2027. Early adoption is permitted, and the standard is to be applied prospectively. We have completed our evaluation of ASU 2025-05 and do not expect the adoption to have a material impact on our consolidated financial statements and related disclosures.</span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Internal-Use Software: </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In September 2025, the FASB issued ASU 2025-06, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software.”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> The standard removes all references to project stages and clarifies the threshold entities apply to begin capitalizing costs. The standard is effective for fiscal years beginning after December 15, 2027, including interim reporting periods within those fiscal years, which means that it will be effective for us in the first quarter of our fiscal year ending July 31, 2029. Early adoption is permitted, and the standard is to be applied using a prospective, retrospective, or modified transition approach. We are currently evaluating the impact of our pending adoption of ASU 2025-06 on our consolidated financial statements and related disclosures.</span></div> 233000000 -27000000000.0 23200000000 3800000000 <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">2. Fair Value Measurements</span></td></tr></table></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Fair Value Hierarchy</span></div></td></tr></table></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The authoritative guidance defines fair value as the price that would be received from the sale of an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. When determining fair value, we consider the principal or most advantageous market for an asset or liability and assumptions that market participants would use when pricing the asset or liability. In addition, we consider and use all valuation methods that are appropriate in estimating the fair value of an asset or liability.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The authoritative guidance establishes a fair value hierarchy that is based on the extent and level of judgment used to estimate the fair value of assets and liabilities. In general, the authoritative guidance requires us to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. An asset or liability’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the measurement of its fair value. The three levels of input defined by the authoritative guidance are as follows:</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%;padding-left:13.5pt">Level 1</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> uses unadjusted quoted prices that are available in active markets for identical assets or liabilities.</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%;padding-left:13.5pt">Level 2</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> uses inputs other than quoted prices included in Level 1 that are either directly or indirectly observable through correlation with market data. These include quoted prices in active markets for similar assets or liabilities; quoted prices for identical or similar assets or liabilities in markets that are not active; and inputs to valuation models or other pricing methodologies that do not require significant judgment because the inputs used in the model, such as interest rates and volatility, can be corroborated by readily observable market data for substantially the full term of the assets or liabilities.</span></div><div style="margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%;padding-left:13.5pt">Level 3</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> uses one or more unobservable inputs that are supported by little or no market activity and that are significant to the determination of fair value. Level 3 assets and liabilities include those whose fair values are determined using pricing models, discounted cash flow methodologies, or similar valuation techniques and significant management judgment or estimation.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Assets and Liabilities Measured at Fair Value on a Recurring Basis</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">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.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:45.752%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:7.099%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:7.107%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">At July 31, 2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">At July 31, 2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 1</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Total<br/>Fair Value</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 1</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Total<br/>Fair Value</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Assets:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash equivalents, primarily money market funds</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:top"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,068 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:top"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:top"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,068 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,790 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,790 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Available-for-sale debt securities:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Corporate notes</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">869 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">869 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">502 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">502 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">U.S. agency securities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,776 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,776 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,316 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,316 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total available-for-sale debt securities</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,645 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,645 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,818 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,818 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total assets measured at fair value on a recurring basis</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,068 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,645 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,713 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,790 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,818 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,608 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:15pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">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:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:45.752%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:7.099%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:7.107%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">At July 31, 2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">At July 31, 2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 1</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Total<br/>Fair Value</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 1</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Total<br/>Fair Value</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Cash equivalents:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">In cash and cash equivalents</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,068 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,068 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,790 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,790 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Available-for-sale debt securities:</span></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">In investments</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,495 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,495 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,668 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,668 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">In funds receivable and amounts held for customers</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total available-for-sale debt securities</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,645 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,645 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,818 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,818 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We value our Level 1 assets, consisting primarily of money market funds, using quoted prices in active markets for identical instruments.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Financial assets whose fair values we measure on a recurring basis using Level 2 inputs consist of corporate notes and U.S. agency securities. We measure the fair values of these assets with the help of a pricing service that either provides quoted market prices in active markets for identical or similar securities or uses observable inputs for their pricing without applying significant adjustments. Our fair value processes include controls designed to ensure that we record appropriate fair values for our Level 2 investments. These controls include comparison to pricing provided by a secondary pricing service or investment manager, validation of pricing sources and models, review of key model inputs, and independent recalculation of prices where appropriate.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Financial assets whose fair values we measure using Level 3 inputs consist of notes receivable held for sale. Notes receivable held for sale are recorded at the lower of amortized cost or fair value. As of July 31, 2026, total notes receivable held for sale was $179 million and the difference between amortized cost and fair value was not material. As of July 31, 2025, we held no notes receivable for sale. Notes receivable held for investment are recorded at amortized cost. As of July 31, 2026 and July 31, 2025, the difference between the amortized cost and fair value of notes receivable held for investment was not material.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Financial liabilities whose fair values we measure using Level 2 inputs consist of senior unsecured notes. See Note 7, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Debt,”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> for more information. We measure the fair value of our senior unsecured notes based on their trading prices and the interest rates we could obtain for other borrowings with similar terms. As of July 31, 2026 and July 31, 2025, the total estimated fair value of the senior unsecured notes was $6.5 billion and $5.0 billion, respectively. As of July 31, 2026 and July 31, 2025, the carrying value of the senior unsecured notes was $6.7 billion and $5.0 billion, respectively. See Note 7, “Debt,” for more information. </span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Assets Measured at Fair Value on a Non-Recurring Basis</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Assets measured at fair value on a non-recurring basis include our long-term investments, which primarily include non-marketable equity securities in privately held companies that do not have a readily determinable fair value. They are accounted for at cost and adjusted based on observable price changes from orderly transactions for identical or similar investments of the same issuer or impairment. These investments are classified as Level 3 in the fair value hierarchy because we estimate the value of these investments using a valuation method based on observable transaction price changes at the transaction date. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes the adjustments to the carrying value of our long-term investments.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.297%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.697%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="15" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Upward adjustments</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">173 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Downward adjustments, including impairments</span></div></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(51)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net adjustments</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">173 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(40)</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Cumulative upward adjustments amounted to $194 million, and cumulative downward adjustments, including impairments, were $27 million through July 31, 2026 for measurement alternative investments held as of that date. As of July 31, 2026 and July 31, 2025, the carrying value of long-term investments was $248 million and $94 million, respectively.</span></div> <div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">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.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:45.752%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:7.099%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:7.107%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">At July 31, 2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">At July 31, 2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 1</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Total<br/>Fair Value</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 1</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Total<br/>Fair Value</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Assets:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash equivalents, primarily money market funds</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:top"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,068 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:top"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:top"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,068 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,790 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,790 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Available-for-sale debt securities:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Corporate notes</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">869 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">869 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">502 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">502 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">U.S. agency securities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,776 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,776 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,316 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,316 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total available-for-sale debt securities</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,645 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,645 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,818 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,818 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total assets measured at fair value on a recurring basis</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,068 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,645 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,713 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,790 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,818 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,608 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> 3068000000 0 3068000000 1790000000 0 1790000000 0 869000000 869000000 0 502000000 502000000 0 1776000000 1776000000 0 1316000000 1316000000 0 2645000000 2645000000 0 1818000000 1818000000 3068000000 2645000000 5713000000 1790000000 1818000000 3608000000 <div style="margin-top:15pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">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:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:45.752%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:7.099%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.659%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:7.107%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">At July 31, 2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">At July 31, 2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 1</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Total<br/>Fair Value</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 1</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Total<br/>Fair Value</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Cash equivalents:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">In cash and cash equivalents</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,068 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,068 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,790 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,790 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Available-for-sale debt securities:</span></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">In investments</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,495 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,495 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,668 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,668 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">In funds receivable and amounts held for customers</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total available-for-sale debt securities</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,645 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,645 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,818 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,818 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 3068000000 0 3068000000 1790000000 0 1790000000 0 2495000000 2495000000 0 1668000000 1668000000 0 150000000 150000000 0 150000000 150000000 0 2645000000 2645000000 0 1818000000 1818000000 179000000 0 6500000000 5000000000.0 6700000000 5000000000.0 <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes the adjustments to the carrying value of our long-term investments.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.297%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.697%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="15" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Upward adjustments</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">173 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Downward adjustments, including impairments</span></div></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(51)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net adjustments</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">173 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(40)</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 173000000 11000000 4000000 0 51000000 2000000 173000000 -40000000 2000000 194000000 27000000 248000000 94000000 <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">3. Cash and Cash Equivalents, Investments, and Funds Receivable and Amounts Held for Customers</span></td></tr></table></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes our cash and cash equivalents, investments, and funds receivable and amounts held for customers by balance sheet classification at the dates indicated.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:54.700%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Cost</span></div></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Cost</span></div></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Classification on consolidated balance sheets:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash and cash equivalents</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,705 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,705 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,884 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,884 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Investments</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,495 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,495 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,667 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,668 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Funds receivable and amounts held for customers</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,039 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,038 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,076 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,076 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total cash and cash equivalents, investments, and funds receivable and amounts held for customers</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,239 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,238 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,627 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,628 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes our cash and cash equivalents, investments, and relevant portion of funds receivable and amounts held for customers by investment category at the dates indicated. As of July 31, 2026 and July 31, 2025, this excludes $377 million and $329 million, respectively, of funds receivable from third-party payment processors on our consolidated balance sheets included in funds receivable and amounts held for customers that were not measured and recorded at fair value.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:54.700%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized Cost</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized Cost</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Type of issue:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total cash, cash equivalents, restricted cash, and restricted cash equivalents</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,216 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,216 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,481 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,481 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Available-for-sale debt securities:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Corporate notes</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">870 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">869 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">502 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">502 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">U.S. agency securities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,776 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,776 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,315 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,316 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total available-for-sale debt securities</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,646 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,645 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,817 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,818 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total cash, cash equivalents, restricted cash, restricted cash equivalents, and investments</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,862 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,861 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,298 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,299 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We include realized gains and losses on our available-for-sale debt securities in interest and other income, net in our consolidated statements of operations. Gross realized gains and losses on our available-for-sale debt securities for the twelve months ended July 31, 2026, 2025, and 2024 were not material.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We accumulate unrealized gains and losses on our available-for-sale debt securities, net of tax, in accumulated other comprehensive income or loss in the stockholders’ equity section of our consolidated balance sheets, except for certain unrealized losses described below. Gross unrealized gains and losses on our available-for-sale debt securities as of July 31, 2026 and July 31, 2025 were not material. </span></div><div style="margin-top:6pt"><span style="background-color:#ffffff;color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">For available-for-sale debt securities in an unrealized loss position, we determine whether a credit loss exists. The estimate of the credit loss is determined by considering available information relevant to the collectibility of the security and information about past events, current conditions, and reasonable and supportable forecasts. The allowance for credit loss is recorded to interest and other income, net in our consolidated statements of operations, not to exceed the amount of the unrealized loss. Any excess unrealized loss greater than the allowance for credit loss at a security level is recognized in accumulated other comprehensive income or loss in the stockholders’ equity section of our consolidated balance sheets. We determined there were no credit losses related to available-for-sale debt securities as of </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">July 31, 2026 and July 31, 2025</span><span style="background-color:#ffffff;color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. Unrealized losses on available-for-sale debt securities as of </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">July 31, 2026</span><span style="background-color:#ffffff;color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> were not material. We do not intend to sell these investments. In addition, it is m</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">ore likely than not that we will not be required to sell them before recovery of the amortized cost basis, which may be at maturity.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes our available-for-sale debt securities, included in investments and relevant portion of funds receivable and amounts held for customers, classified by the stated maturity date of the security at the dates indicated.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:54.700%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized Cost</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized Cost</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Due within one year</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,519 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,519 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,694 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,694 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Due within two years</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">65 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">65 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">62 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">63 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Due within three years</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">62 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">61 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">61 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">61 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total available-for-sale debt securities</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,646 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,645 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,817 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,818 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:1pt"><span><br/></span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes our funds receivable and amounts held for customers by asset category at the dates indicated.</span></div><div style="margin-top:11pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:54.958%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.681%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.681%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.681%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.684%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">July 31, 2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">July 31, 2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">July 31, 2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">July 31, 2023</span></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restricted cash and restricted cash equivalents</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,511 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,597 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,490 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restricted available-for-sale debt securities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">200 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restricted funds receivable</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">377 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">329 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">281 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">216 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total funds receivable and amounts held for customers</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,038 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,076 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,921 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">420 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr></table></div> <div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes our cash and cash equivalents, investments, and funds receivable and amounts held for customers by balance sheet classification at the dates indicated.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:54.700%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Cost</span></div></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Cost</span></div></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Classification on consolidated balance sheets:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash and cash equivalents</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,705 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,705 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,884 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,884 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Investments</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,495 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,495 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,667 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,668 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Funds receivable and amounts held for customers</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,039 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,038 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,076 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,076 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total cash and cash equivalents, investments, and funds receivable and amounts held for customers</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,239 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,238 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,627 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,628 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 4705000000 4705000000 2884000000 2884000000 2495000000 2495000000 1667000000 1668000000 5039000000 5038000000 7076000000 7076000000 12239000000 12238000000 11627000000 11628000000 <div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes our cash and cash equivalents, investments, and relevant portion of funds receivable and amounts held for customers by investment category at the dates indicated. As of July 31, 2026 and July 31, 2025, this excludes $377 million and $329 million, respectively, of funds receivable from third-party payment processors on our consolidated balance sheets included in funds receivable and amounts held for customers that were not measured and recorded at fair value.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:54.700%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized Cost</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized Cost</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Type of issue:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total cash, cash equivalents, restricted cash, and restricted cash equivalents</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,216 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,216 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,481 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,481 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Available-for-sale debt securities:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Corporate notes</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">870 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">869 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">502 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">502 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">U.S. agency securities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,776 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,776 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,315 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,316 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total available-for-sale debt securities</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,646 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,645 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,817 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,818 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total cash, cash equivalents, restricted cash, restricted cash equivalents, and investments</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,862 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,861 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,298 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,299 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 377000000 329000000 9216000000 9216000000 9481000000 9481000000 870000000 869000000 502000000 502000000 1776000000 1776000000 1315000000 1316000000 2646000000 2645000000 1817000000 1818000000 11862000000 11861000000 11298000000 11299000000 0 0 <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes our available-for-sale debt securities, included in investments and relevant portion of funds receivable and amounts held for customers, classified by the stated maturity date of the security at the dates indicated.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:54.700%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized Cost</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized Cost</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Due within one year</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,519 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,519 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,694 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,694 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Due within two years</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">65 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">65 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">62 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">63 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Due within three years</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">62 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">61 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">61 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">61 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total available-for-sale debt securities</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,646 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,645 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,817 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,818 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 2519000000 2519000000 1694000000 1694000000 65000000 65000000 62000000 63000000 62000000 61000000 61000000 61000000 2646000000 2645000000 1817000000 1818000000 <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes our funds receivable and amounts held for customers by asset category at the dates indicated.</span></div><div style="margin-top:11pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:54.958%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.681%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.681%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.681%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.684%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">July 31, 2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">July 31, 2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">July 31, 2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">July 31, 2023</span></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restricted cash and restricted cash equivalents</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,511 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,597 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,490 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restricted available-for-sale debt securities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">200 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restricted funds receivable</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">377 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">329 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">281 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">216 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total funds receivable and amounts held for customers</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,038 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,076 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,921 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">420 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr></table></div> 4511000000 6597000000 3490000000 4000000 150000000 150000000 150000000 200000000 377000000 329000000 281000000 216000000 5038000000 7076000000 3921000000 420000000 <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">4. Notes Receivable and Allowances for Credit Losses</span></td></tr></table></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As of July 31, 2026 and 2025, our notes receivable portfolio consisted of notes receivable held for investment, including loans made to small and mid-market businesses and consumers, and notes receivable held for sale, consisting of small and mid-market business loans. We classify notes receivable as held for investment when we have both the intent and ability to hold the notes receivable for the foreseeable future or until maturity or payoff. We classify notes receivable as held for sale when we have the intent and ability to sell substantially all of our rights and interests in a qualified loan to a third-party investor. A note receivable that is initially designated as held for sale or held for investment may be reclassified when our intent for that individual note receivable changes. When a note receivable held for investment is reclassified to held for sale and recorded at the lower of amortized cost or fair value, the related allowance for credit losses for that note receivable is released, and any adjustment to record the note receivable at the lower of amortized cost or fair value is recorded.</span></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Notes Receivable Held for Investment</span></div></td></tr></table></div><div style="margin-top:4pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Business loans</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. We provide financing to small and mid-market businesses via term loans and other financing products (collectively, business loans) that we originate through an originating bank partner. During the twelve months ended July 31, 2026, 2025, and 2024, we purchased business loans from our originating bank partner with principal balances in the amount of $6.2 billion, $3.5 billion, and $1.8 billion, respectively. As of July 31, 2026, we had commitments to purchase $253 million in business loans that were originated on or prior to July 31, 2026.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The business loans are not secured and are recorded at amortized cost, which includes the unpaid principal balances, net of any related deferred origination costs and fees, discounts, and purchase premiums. At each of the reporting periods ended July 31, 2026 and 2025, the amortized cost of business loans held for investment, net of the allowance for credit losses, was $1.5 billion. The current portion is included in notes receivable held for investment and the long-term portion is included in other assets on our consolidated balance sheets.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Interest income is earned on business loans purchased and held for investment in accordance with the specified period of time and defined interest rate noted in the loan contract. Interest income is recorded net of amortized direct origination costs and fees, discounts, and purchase premiums and is included in service revenue in our consolidated statements of operations. Interest income on business loans was not material for each of the periods presented. </span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Consumer loans</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. We provide short-term interest bearing and non-interest bearing loans to eligible TurboTax customers, and other consumer loans (collectively, consumer loans). We partner with originating banks to originate the consumer loans and subsequently purchase those consumer loans. Certain consumer loan offerings are repaid from the customer's income tax refund. During the twelve months ended July 31, 2026, 2025, and 2024, we purchased consumer loans from our originating bank partners with principal balances in the amount of $670 million, $482 million, and $700 million, respectively. The consumer loans are not secured and are recorded at amortized cost, net of any related deferred origination costs and fees, discounts, and purchase premiums. As of July 31, 2026 and July 31, 2025, the amortized cost of consumer loans, net of the allowance for credit losses, was $94 million and $2 million, respectively. Interest income on consumer loans was not material for each of the periods presented.</span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Allowance for credit losses</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. We maintain an allowance for credit losses on notes receivable held for investment to reserve for expected credit losses in the notes receivable portfolio. The allowance for credit losses is determined based on our current </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">estimate of expected credit losses, historical credit losses, estimates of recoveries, and future expectations as of each balance sheet date. Adjustments to the allowance for changes in our estimate of lifetime expected credit losses are recognized in earnings each period through the provision for expected credit losses included in cost of service revenue in our consolidated statements of operations. We evaluate the creditworthiness of our notes receivable portfolio on a pooled basis when shared credit risk characteristics exist.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The allowance for credit losses is subjective and requires management estimates, including such factors as known and inherent risks in the portfolio, use of historical credit losses to estimate expected credit losses, adverse situations that may affect borrowers’ ability to repay, and current and forecasted economic conditions. Other factors considered may include uncertainties in forecasting, subjective application of modeling techniques, changes in portfolio composition, seasonality, business conditions, and emerging trends.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">For our business loan portfolio, expected credit losses are measured based on a credit loss forecasting model and calculated by applying loss curves derived from loan level risk segment and term mixes, aggregated at monthly business loan vintages. Loss curves are estimated based on a combination of empirical loss curve data and management judgment. The loss rates and underlying models are updated periodically to reflect factors such as actual loan performance and changes in assumptions based on the credit risk characteristics of the business loan portfolio. We use empirical data and management judgment to estimate losses for new credit tests or products for which we do not have enough history.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We consider a business loan to be delinquent when the payments are one day past due. We place delinquent business loans on nonaccrual status and stop accruing interest income. Business loans are returned to accrual status if they are brought current or have performed in accordance with the contractual terms for a reasonable period of time and, in our judgment, will continue to make periodic principal and interest payments as per contractual terms. Previously recognized interest receivable from charged-off business loans that is accrued but not collected from the borrower is reversed when the loan is charged off. As of July 31, 2026 and 2025, the amortized cost basis for delinquent business loans and nonaccrual status business loans held for investment were not material. Interest income for business loans in a nonaccrual status, recognized when cash is received, was not material for each of the twelve month periods ended July 31, 2026, 2025, and 2024.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The changes in the allowance for credit losses for our business loan portfolio for the twelve months ended July 31, 2026, 2025, and 2024 were as shown in the following table.</span></div><div style="margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:68.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.698%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Beginning balance</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">62 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Provision for expected credit losses</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">199 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">115 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">89 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Charge-offs</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(185)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(88)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(65)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Recoveries</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ending balance</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">134 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">62 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">For our consumer loan portfolio, we maintain an allowance for credit losses to reserve for potentially uncollectible consumer loans and take into consideration the loan product, future expectations, expected funding of refunds by the Internal Revenue Service (IRS) using historical trends, if applicable, and other borrower characteristics to predict future losses. We use empirical data and management judgment to estimate losses for new consumer loan products for which we do not have enough history. The allowance for credit losses for consumer loans was not material as of July 31, 2026 and 2025. Interest income for consumer loans in a nonaccrual status, recognized when cash is received, was not material for each of the twelve months ended July 31, 2026, 2025, and 2024.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We maintain an allowance for credit losses on our loan purchase commitments that is recorded in other current liabilities on the consolidated balance sheets. Our allowance for credit losses on loan purchase commitments was not material as of July 31, 2026 and 2025. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">When available information confirms that specific notes receivable or portions thereof are uncollectible, identified amounts are charged off against the allowance for credit losses. Notes receivable are charged off in accordance with our charge-off policy when the contractual principal becomes 120 days past due or when other charge-off policy requirements are met. Subsequent recoveries of the unpaid principal balance, if any, are credited to the allowance for credit losses.</span></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Notes Receivable Held for Sale</span></div></td></tr></table></div><div style="margin-top:4pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Business loans</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. We have entered into multiple forward flow arrangements with institutional investors that facilitate the sale of participation interests in eligible unsecured business loans. These arrangements have varying terms, with expiration dates ranging from 2027 to 2030.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Notes receivable held for sale are recorded at the lower of amortized cost or fair value determined on an individual note receivable basis. As of July 31, 2026, we held $179 million of notes receivable classified as held for sale, which is included in notes receivable held for sale on our consolidated balance sheets. As of July 31, 2025, there were no notes receivable classified as held for sale. The total unpaid principal balance of business loans sold during the twelve months ended July 31, 2026, 2025 and 2024 amounted to $2.1 billion, $543 million, and $323 million, respectively. For the twelve months ended July 31, 2026, 2025, and 2024, gains on sales of business loans and servicing income were not material.</span></div> 6200000000 3500000000 1800000000 253000000 1500000000 1500000000 670000000 482000000 700000000 94000000 2000000 P1D <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The changes in the allowance for credit losses for our business loan portfolio for the twelve months ended July 31, 2026, 2025, and 2024 were as shown in the following table.</span></div><div style="margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:68.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.698%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Beginning balance</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">62 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Provision for expected credit losses</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">199 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">115 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">89 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Charge-offs</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(185)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(88)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(65)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Recoveries</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ending balance</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">134 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">62 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 100000000 62000000 30000000 199000000 115000000 89000000 185000000 88000000 65000000 20000000 11000000 8000000 134000000 100000000 62000000 179000000 0 2100000000 543000000 323000000 <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">5. Property and Equipment</span></td></tr></table></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Property and equipment consisted of the following at the dates indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Life in</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Dollars in millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Years</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Buildings</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5-30</span></div></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">701 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">644 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Software</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2-6</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">691 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">791 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Leasehold improvements</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2-16</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">451 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">479 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Equipment</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3-5</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">178 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">175 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Furniture and fixtures</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">141 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">139 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Land</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">–</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capital in progress</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">–</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">146 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total property and equipment</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,404 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,363 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Less accumulated depreciation and amortization</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,381)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,402)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total property and equipment, net</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,023 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">961 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Capital in progress at July 31, 2026 and 2025, consisted primarily of costs related to various buildings and site improvements that have not yet been placed into service.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As discussed in Note 1, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Description of Business and Summary of Significant Accounting Policies – Internal Use Software</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">,</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> we capitalize costs related to the development of software for internal use. We capitalized internal use software costs totaling $46 million for the twelve months ended July 31, 2026; $40 million for the twelve months ended July 31, 2025; and $59 million for the twelve months ended July 31, 2024. There was no capitalized labor in these amounts for the twelve months ended July 31, 2026, 2025, and 2024. Costs related to internal use software projects are included in the capital in progress category of property and equipment until project completion, at which time they are transferred to the software category.</span></div> <div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Property and equipment consisted of the following at the dates indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Life in</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Dollars in millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Years</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Buildings</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5-30</span></div></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">701 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">644 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Software</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2-6</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">691 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">791 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Leasehold improvements</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2-16</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">451 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">479 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Equipment</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3-5</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">178 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">175 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Furniture and fixtures</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">141 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">139 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Land</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">–</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capital in progress</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">–</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">146 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total property and equipment</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,404 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,363 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Less accumulated depreciation and amortization</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,381)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,402)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total property and equipment, net</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,023 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">961 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> P5Y P30Y 701000000 644000000 P2Y P6Y 691000000 791000000 P2Y P16Y 451000000 479000000 P3Y P5Y 178000000 175000000 P5Y 141000000 139000000 96000000 96000000 146000000 39000000 2404000000 2363000000 1381000000 1402000000 1023000000 961000000 46000000 40000000 59000000 0 0 0 <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">6. Goodwill and Acquired Intangible Assets</span></td></tr></table></div><div style="margin-top:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Goodwill</span></div></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Changes in the carrying value of goodwill by reportable segment during the twelve months ended July 31, 2026 and July 31, 2025 were as shown in the following table. Our reportable segments are described in Note 14, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Segment Information.” </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We have recast certain prior period amounts to conform to our current presentation of our reportable segments. See Note 1, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Description of Business and Summary of Significant Accounting Policies</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">— Basis of Presentation</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">,</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> for more information.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:26.239%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.402%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.402%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.402%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.402%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.402%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.402%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.411%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance<br/>July 31, 2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Goodwill Acquired/<br/>Adjusted</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Foreign Currency Translation</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance<br/>July 31, 2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Goodwill Acquired/<br/>Adjusted</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Foreign Currency Translation and Other</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance<br/>July 31, 2026</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Global Business Solutions</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,690 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">134 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,825 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,821 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consumer</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,154 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,155 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,160 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Totals</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,844 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">134 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,980 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,981 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Goodwill is net of accumulated impairment losses of $114 million, which were recorded prior to July 31, 2024 and are included in our Consumer segment. The increase in goodwill during the twelve months ended July 31, 2026 was primarily due to foreign currency translation adjustments. The increase in goodwill during the twelve months ended July 31, 2025 was primarily due to a business acquisition.</span></div><div style="margin-top:17pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Acquired Intangible Assets</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table shows the cost, accumulated amortization, and weighted-average life in years for our acquired intangible assets at the dates indicated. The weighted-average lives are calculated for assets that are not fully amortized.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:51.385%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.575%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Dollars in millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Customer and User Relationships</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Purchased<br/>Technology</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Trade<br/>Names<br/>and Logos</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">At July 31, 2026:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cost</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,198 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,765 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">680 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,643 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accumulated amortization</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,464)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,237)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(300)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,001)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Acquired intangible assets, net</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,734 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">528 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">380 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,642 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average life in years</span></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13</span></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">At July 31, 2025:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cost</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,198 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,765 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">680 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,643 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accumulated amortization</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,034)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,061)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(246)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,341)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Acquired intangible assets, net</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,164 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">704 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">434 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,302 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average life in years</span></td><td colspan="3" style="border-bottom:3pt double #000000;border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:3pt double #000000;border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:3pt double #000000;border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:3pt double #000000;border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13</span></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table shows the expected future amortization expense for our acquired intangible assets at July 31, 2026. Amortization of purchased technology is generally charged to amortization of acquired technology in our consolidated statements of operations. Amortization of other acquired intangible assets, such as customer and user relationships, is charged to amortization of other acquired intangible assets in our consolidated statements of operations. If impairment events occur, they could accelerate the timing of acquired intangible asset charges.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:87.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.028%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Expected<br/>Future<br/>Amortization<br/>Expense</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Fiscal year ending July 31,</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2027</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">633 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2028</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">613 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2029</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">593 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2030</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">590 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2031</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">506 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Thereafter</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,707 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total expected future amortization expense</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,642 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> <div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Changes in the carrying value of goodwill by reportable segment during the twelve months ended July 31, 2026 and July 31, 2025 were as shown in the following table. Our reportable segments are described in Note 14, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Segment Information.” </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We have recast certain prior period amounts to conform to our current presentation of our reportable segments. See Note 1, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Description of Business and Summary of Significant Accounting Policies</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">— Basis of Presentation</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">,</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> for more information.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:26.239%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.402%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.402%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.402%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.402%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.402%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.402%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.411%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance<br/>July 31, 2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Goodwill Acquired/<br/>Adjusted</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Foreign Currency Translation</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance<br/>July 31, 2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Goodwill Acquired/<br/>Adjusted</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Foreign Currency Translation and Other</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance<br/>July 31, 2026</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Global Business Solutions</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,690 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">134 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,825 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,821 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consumer</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,154 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,155 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,160 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Totals</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,844 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">134 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,980 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,981 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 9690000000 134000000 1000000 9825000000 0 -4000000 9821000000 4154000000 0 1000000 4155000000 0 5000000 4160000000 13844000000 134000000 2000000 13980000000 0 1000000 13981000000 114000000 <div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table shows the cost, accumulated amortization, and weighted-average life in years for our acquired intangible assets at the dates indicated. The weighted-average lives are calculated for assets that are not fully amortized.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:51.385%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.572%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.575%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Dollars in millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Customer and User Relationships</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Purchased<br/>Technology</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Trade<br/>Names<br/>and Logos</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">At July 31, 2026:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cost</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,198 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,765 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">680 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,643 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accumulated amortization</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,464)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,237)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(300)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,001)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Acquired intangible assets, net</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,734 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">528 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">380 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,642 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average life in years</span></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13</span></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">At July 31, 2025:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cost</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,198 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,765 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">680 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,643 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accumulated amortization</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,034)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,061)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(246)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,341)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Acquired intangible assets, net</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,164 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">704 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">434 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,302 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average life in years</span></td><td colspan="3" style="border-bottom:3pt double #000000;border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:3pt double #000000;border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:3pt double #000000;border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:3pt double #000000;border-top:3pt double #000000;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13</span></td></tr></table></div> 6198000000 1765000000 680000000 8643000000 2464000000 1237000000 300000000 4001000000 3734000000 528000000 380000000 4642000000 P14Y P8Y P13Y P13Y 6198000000 1765000000 680000000 8643000000 2034000000 1061000000 246000000 3341000000 4164000000 704000000 434000000 5302000000 P14Y P8Y P13Y P13Y <div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table shows the expected future amortization expense for our acquired intangible assets at July 31, 2026. Amortization of purchased technology is generally charged to amortization of acquired technology in our consolidated statements of operations. Amortization of other acquired intangible assets, such as customer and user relationships, is charged to amortization of other acquired intangible assets in our consolidated statements of operations. If impairment events occur, they could accelerate the timing of acquired intangible asset charges.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:87.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.028%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Expected<br/>Future<br/>Amortization<br/>Expense</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Fiscal year ending July 31,</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2027</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">633 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2028</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">613 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2029</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">593 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2030</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">590 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2031</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">506 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Thereafter</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,707 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total expected future amortization expense</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,642 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 633000000 613000000 593000000 590000000 506000000 1707000000 4642000000 <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">7. Debt</span></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes the carrying value of our debt at the dates indicated:</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:49.338%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.081%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.864%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.698%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Effective</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Dollars in millions)</span></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Issuance Date</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Interest Rate</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.250%, 2023 Notes due September 2026</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.325%</span></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">750 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">750 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.350%, 2020 Notes due July 2027</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 2020</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.486%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.125%, 2023 Notes due September 2028</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.258%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">750 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">750 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.650%, 2020 Notes due July 2030</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 2020</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.767%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.950%, 2026 Notes due June 2031</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 2026</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.083%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">750 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.200%, 2023 Notes due September 2033</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.312%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,250 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,250 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.500%, 2026 Notes due June 2036</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.620%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,000 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.500%, 2023 Notes due September 2053</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.576%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,250 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,250 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total senior unsecured notes</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,750 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,000 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Secured revolving credit facilities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">970 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,014 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total principal balance of debt</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,720 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,014 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unamortized discount and debt issuance costs</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(51)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(41)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net carrying value of debt</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,669 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,973 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Short-term debt</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,249 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Long-term debt</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:3pt double #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:3pt double #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,420 </span></td><td style="border-bottom:3pt double #000;border-top:3pt double #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,973 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes the future principal payments for debt at July 31, 2026:</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:89.104%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.696%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Fiscal year ending July 31,</span></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2027</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,250 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2028</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">400 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2029</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,100 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2030</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">720 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2031</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">750 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Thereafter</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,500 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total future principal payments for debt</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,720 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Senior Unsecured Notes</span></div></td></tr></table></div><div style="margin-top:3pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Interest is payable semiannually for the senior unsecured notes listed in the table above. The discount and debt issuance costs are amortized to interest expense using the effective interest method over the term of the related senior note. The senior unsecured notes rank equally with all existing and future unsecured and unsubordinated indebtedness of Intuit and are redeemable by us at any time, subject to a make-whole premium. The senior unsecured notes limit our ability to create certain liens and enter into sale and leaseback transactions. As of July 31, 2026, we were compliant with all covenants governing the senior unsecured notes. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">For the senior unsecured notes issued in June 2020 (2020 Notes), upon a change of control that is accompanied by certain downgrades in the credit ratings of the 2020 Notes, we will be required to repurchase the 2020 Notes at a repurchase price equal to 101% of the aggregate outstanding principal plus any accrued and unpaid interest to but not including the date of repurchase.</span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">2026 Notes</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. In June 2026, we issued two series of senior unsecured notes (together, the 2026 Notes) pursuant to a public debt offering. The proceeds from the issuance were $1.74 billion, net of debt discount and issuance costs of $14 million. In August 2026, we used the net proceeds from this bond issuance, as well as cash on hand, to repay the $750 million of notes that were scheduled to mature in September 2026. We intend to use the remaining net proceeds for general corporate purposes, which may include the repayment of our senior notes due in July 2027.</span></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Secured Revolving Credit Facilities</span></div></td></tr></table></div><div style="margin-top:3pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">To finance business loans that we purchase from our originating bank partner, we have established certain SPVs, deemed to be VIEs, to enter into secured revolving credit facilities with lenders. The facilities are non-recourse to Intuit Inc. and are secured by assets of the respective SPVs, which may only be used to settle obligations of the SPVs and are each in excess of the amounts outstanding under their respective facilities. The liabilities of the SPVs can only be settled by the assets of the respective subsidiary. We can borrow up to each facility limit up to the termination date, and the outstanding principal balance is due and payable in full on the maturity date. Each facility includes certain affirmative and negative covenants, including financial covenants, that require us to maintain specified financial ratios. As of July 31, 2026, we were compliant with all covenants governing the facilities.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes details of the secured revolving credit facilities:</span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:19.367%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.525%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Stated</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unused</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Termination Date</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Maturity Date</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Interest Rate</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Commitment Fee</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Interest Rate</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:700;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2019 Secured Facility</span></div></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 2027</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 2028</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SOFR + 1.35% </span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.25% to 0.75%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.01%</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2022 Secured Facility</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 2027</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 2028</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SOFR + 1.10%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.20% to 0.40%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.76%</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2024 Secured Facility</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">November 2028</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">November 2029</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SOFR + 1.15%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.20% to 0.40%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.19%</span></div></td></tr></table></div><div style="margin-top:3pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)    </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The presented interest rates reflect the stated interest rate in effect for each of our secured revolving credit facilities as of July 31, 2026 and include any applicable unused commitment fee on the unused portions of the committed facilities.</span></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Stated interest rates on our secured revolving credit facilities are floating and accrue interest at the Secured Overnight Financing Rate (SOFR) plus a margin. Interest on the facilities is payable monthly.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In fiscal 2026, we entered into an amendment to the 2024 Secured Facility that increased the committed and total facility limit, and extended the termination and maturity dates. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes each facility’s limits as of July 31, 2026 and the outstanding principal balances of the secured revolving credit facilities, which are liabilities of the SPVs, as of the dates indicated:</span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:31.648%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.180%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.180%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.180%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.180%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.188%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Uncommitted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Committed</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Outstanding Principal Balance</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Dollars in millions)</span></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Facility Limit</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Facility Limit</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Facility Limit</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2026</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2025</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2019 Secured Facility</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">200 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">300 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">350 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">440 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2022 Secured Facility</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">400 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">400 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">300 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2024 Secured Facility</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">220 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">274 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total secured revolving credit facilities:</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">300 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,200 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,500 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">970 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,014 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Unsecured Credit Facilities</span></div></td></tr></table></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">2026 Credit Facility</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. On January 9, 2026, we terminated our amended and restated credit agreement dated February 5, 2024, and entered into a credit agreement with certain lenders providing for a $2.2 billion unsecured revolving credit facility that expires on January 9, 2031 (2026 Credit Facility).</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Under the 2026 Credit Facility, we may, subject to certain customary conditions, including approval of relevant lenders, on one or more occasions, increase commitments under the 2026 Credit Facility by an amount not to exceed $4 billion in the aggregate, and, on one or more occasions, extend the maturity date of the 2026 Credit Facility by one year. The 2026 Credit Facility includes a $500 million sublimit for borrowing swingline loans and a $250 million sublimit for the issuance of letters of credit. Advances under the 2026 Credit Facility accrue interest at rates equal to (a) in the case of U.S. dollar borrowings, at our election, either (i) the alternate base rate plus a margin that ranges from 0.000% to 0.125%, or (ii) the SOFR plus a margin that ranges from 0.700% to 1.125%, or (b) in the case of foreign currency borrowings, the interest benchmark for the relevant currency specified in the credit agreement plus a margin that ranges from 0.700% to 1.125%. The facility fee ranges from 0.050% to 0.125% per annum. The actual interest margins and the facility fee are based on our senior long-term debt credit ratings. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The 2026 Credit Facility includes customary affirmative and negative covenants, including a financial covenant that requires us to maintain a ratio of total gross debt to earnings before interest, taxes, depreciation, and amortization (EBITDA), as defined in the agreement, of not greater than 4.00 to 1.00 as measured on a rolling twelve month basis as of the last day of each fiscal quarter. As of July 31, 2026, we were compliant with all covenants governing the 2026 Credit Facility. At July 31, 2026, no amounts were outstanding under the 2026 Credit Facility.</span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">2026 Short-Term Credit Facility</span><span style="color:#236cff;font-family:'Times New Roman',serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">.</span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On January 30, 2026, we entered into a credit agreement with certain lenders providing for a $5.8 billion unsecured short-term revolving credit facility (2026 Short-Term Credit Facility) to fund a portion of our TurboTax early tax refund offering. We terminated the 2026 Short-Term Credit Facility effective February 26, 2026.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Advances under the 2026 Short-Term Credit Facility accrued interest at rates equal to, at our election, either (i) term SOFR or daily simple SOFR plus a margin of 0.875%, or (ii) the alternate base rate plus a margin of 0.000%. Unused portions of the commitment accrued a fee of 0.07% per annum. </span></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Commercial Paper Program</span></div></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Under our established commercial paper program, we may issue and sell unsecured short-term promissory notes (commercial paper) up to $2.2 billion outstanding at any time. The maturities of the commercial paper may vary but will not exceed 397 days from the date of issuance. During the twelve months ended July 31, 2026, we temporarily increased the capacity of our commercial paper program from $1.5 billion to $3.2 billion to support our seasonal working capital needs. In March 2026, we reduced the capacity of the commercial paper program to $2.2 billion. At July 31, 2026 and July 31, 2025, no amounts were outstanding under this program.</span></div> <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes the carrying value of our debt at the dates indicated:</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:49.338%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.081%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.864%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.698%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Effective</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Dollars in millions)</span></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Issuance Date</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Interest Rate</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.250%, 2023 Notes due September 2026</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.325%</span></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">750 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">750 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.350%, 2020 Notes due July 2027</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 2020</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.486%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.125%, 2023 Notes due September 2028</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.258%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">750 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">750 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.650%, 2020 Notes due July 2030</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 2020</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.767%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.950%, 2026 Notes due June 2031</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 2026</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.083%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">750 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.200%, 2023 Notes due September 2033</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.312%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,250 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,250 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.500%, 2026 Notes due June 2036</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.620%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,000 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.500%, 2023 Notes due September 2053</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">September 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.576%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,250 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,250 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total senior unsecured notes</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,750 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,000 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Secured revolving credit facilities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">970 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,014 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total principal balance of debt</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,720 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,014 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unamortized discount and debt issuance costs</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(51)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(41)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net carrying value of debt</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,669 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,973 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Short-term debt</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,249 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Long-term debt</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:3pt double #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:3pt double #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,420 </span></td><td style="border-bottom:3pt double #000;border-top:3pt double #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,973 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 0.05250 0.05325 750000000 750000000 0.01350 0.01486 500000000 500000000 0.05125 0.05258 750000000 750000000 0.01650 0.01767 500000000 500000000 0.04950 0.05083 750000000 0 0.05200 0.05312 1250000000 1250000000 0.05500 0.05620 1000000000 0 0.05500 0.05576 1250000000 1250000000 6750000000 5000000000 970000000 1014000000 7720000000 6014000000 51000000 41000000 7669000000 5973000000 1249000000 0 6420000000 5973000000 <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes the future principal payments for debt at July 31, 2026:</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:89.104%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.696%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Fiscal year ending July 31,</span></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2027</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,250 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2028</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">400 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2029</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,100 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2030</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">720 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2031</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">750 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Thereafter</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,500 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total future principal payments for debt</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,720 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 1250000000 400000000 1100000000 720000000 750000000 3500000000 7720000000 1.01 1740000000 14000000 750000000 <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes details of the secured revolving credit facilities:</span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:19.367%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.525%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Stated</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unused</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Termination Date</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Maturity Date</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Interest Rate</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Commitment Fee</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Interest Rate</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:700;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2019 Secured Facility</span></div></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 2027</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">August 2028</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SOFR + 1.35% </span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.25% to 0.75%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.01%</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2022 Secured Facility</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">April 2027</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">May 2028</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SOFR + 1.10%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.20% to 0.40%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.76%</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2024 Secured Facility</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">November 2028</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">November 2029</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">SOFR + 1.15%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.20% to 0.40%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.19%</span></div></td></tr></table></div><div style="margin-top:3pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)    </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The presented interest rates reflect the stated interest rate in effect for each of our secured revolving credit facilities as of July 31, 2026 and include any applicable unused commitment fee on the unused portions of the committed facilities.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes each facility’s limits as of July 31, 2026 and the outstanding principal balances of the secured revolving credit facilities, which are liabilities of the SPVs, as of the dates indicated:</span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:31.648%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.180%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.180%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.180%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.180%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.188%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Uncommitted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Committed</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Outstanding Principal Balance</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Dollars in millions)</span></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Facility Limit</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Facility Limit</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Facility Limit</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2026</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2025</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2019 Secured Facility</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">200 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">300 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">350 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">440 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2022 Secured Facility</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">400 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">400 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">300 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2024 Secured Facility</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">220 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">274 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 1.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total secured revolving credit facilities:</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">300 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,200 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,500 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">970 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,014 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 0.0135 0.0025 0.0075 0.0501 0.0110 0.0020 0.0040 0.0476 0.0115 0.0020 0.0040 0.0519 200000000 300000000 500000000 350000000 440000000 100000000 400000000 500000000 400000000 300000000 0 500000000 500000000 220000000 274000000 300000000 1200000000 1500000000 970000000 1014000000 2200000000 4000000000 P1Y 500000000 250000000 0.00000 0.00125 0.00700 0.01125 0.00700 0.01125 0.00050 0.00125 4.00 0 5800000000 0.00875 0.00000 0.0007 2200000000 P397D 1500000000 3200000000 2200000000 0 0 <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">8. Other Liabilities and Commitments</span></td></tr></table></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Other Current Liabilities</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other current liabilities were as follows at the dates indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.122%"><tr><td style="width:1.0%"></td><td style="width:77.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.782%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.422%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.783%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Executive deferred compensation plan liabilities</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">308 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">248 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest payable</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">98 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">85 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current portion of operating lease liabilities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">85 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">69 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Sales, property, and other taxes</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">68 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">55 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reserve for returns, credits, and promotional discounts</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">54 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Excise tax on share repurchases</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">41 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amounts due for share repurchases</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">178 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">108 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total other current liabilities</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">863 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">625 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Other Long-Term Obligations</span></div></td></tr></table></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other long-term obligations were as follows at the dates indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.122%"><tr><td style="width:1.0%"></td><td style="width:77.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.782%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.422%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.783%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax liabilities</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">247 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">238 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total other long-term obligations</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">305 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">288 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Unconditional Purchase Obligations</span></div></td></tr></table></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">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. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As of July 31, 2026, our commitments under purchase obligations, primarily related to a cloud services agreement, were as shown in the table below.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:89.104%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.696%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Purchase<br/>Obligations</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Fiscal year ending July 31,</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2027</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,160 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2028</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,169 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2029</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">910 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2030</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">467 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2031</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">460 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Thereafter</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">768 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total commitments</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,934 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> <div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other current liabilities were as follows at the dates indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.122%"><tr><td style="width:1.0%"></td><td style="width:77.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.782%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.422%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.783%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Executive deferred compensation plan liabilities</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">308 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">248 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest payable</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">98 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">85 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current portion of operating lease liabilities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">85 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">69 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Sales, property, and other taxes</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">68 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">55 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reserve for returns, credits, and promotional discounts</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">54 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Excise tax on share repurchases</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">41 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amounts due for share repurchases</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">178 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">108 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total other current liabilities</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">863 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">625 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 308000000 248000000 98000000 85000000 85000000 69000000 68000000 55000000 54000000 39000000 41000000 7000000 31000000 14000000 178000000 108000000 863000000 625000000 <div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other long-term obligations were as follows at the dates indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.122%"><tr><td style="width:1.0%"></td><td style="width:77.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.782%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.422%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.783%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax liabilities</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">247 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">238 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total other long-term obligations</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">305 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">288 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> 247000000 238000000 58000000 50000000 305000000 288000000 <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As of July 31, 2026, our commitments under purchase obligations, primarily related to a cloud services agreement, were as shown in the table below.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:89.104%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.696%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Purchase<br/>Obligations</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Fiscal year ending July 31,</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2027</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,160 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2028</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,169 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2029</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">910 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2030</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">467 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2031</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">460 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Thereafter</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">768 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total commitments</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,934 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 1160000000 1169000000 910000000 467000000 460000000 768000000 4934000000 <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">9. Leases</span></td></tr></table></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We lease office facilities under noncancellable operating lease arrangements. Our facility leases generally provide for periodic rent increases and may contain escalation clauses and renewal options. Our leases have remaining lease terms of up to 16 years, which include options to extend that are reasonably certain of being exercised. Some of our leases include one or more options to extend the lease for up to 10 years per option, which we are not reasonably certain to exercise. The options to extend are generally at rates to be determined in accordance with the agreements. Options to extend the lease are included in the lease liability if they are reasonably certain of being exercised.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We sublease certain office facilities to third parties. These subleases have remaining lease terms of up to 4 years, one of which includes an option to extend the sublease for up to 3 years.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The components of lease expense were as follows:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.297%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.697%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating lease cost </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">142 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">111 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">108 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Variable lease cost</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Sublease income</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(10)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total net lease cost</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">159 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">123 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">120 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)    </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Includes short-term leases, which were not material for the twelve months ended July 31, 2026, 2025, or 2024.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Supplemental cash flow information related to operating leases was as follows:</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.297%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.697%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash paid for amounts included in the measurement of operating lease liabilities</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">124 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">101 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">89 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Right-of-use assets obtained in exchange for operating lease liabilities</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">183 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">212 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">35 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other information related to operating leases was as follows at the dates indicated:</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.297%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.697%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average remaining lease term for operating leases</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7.2 years</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8.1 years</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7.7 years</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average discount rate for operating leases</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.4 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.8 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.3 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td></tr></table></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Future minimum lease payments under noncancellable operating leases as of July 31, 2026 were as follows:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:89.104%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.696%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Operating</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Leases </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:700;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Fiscal year ending July 31,</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2027</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">112 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2028</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">130 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2029</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">134 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2030</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">124 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2031</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">109 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Thereafter</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">285 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total future minimum lease payments</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">894 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Less imputed interest</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(142)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Present value of lease liabilities</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">752 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)    </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Noncancellable future sublease proceeds as of July 31, 2026</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">totaled $17 million through July 31, 2031 and are not included in the table above. </span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Supplemental balance sheet information related to operating leases was as follows at the dates indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:77.701%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.696%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating lease right-of-use assets</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">609 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">541 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><span style="-sec-ix-hidden:f-1060"><span style="-sec-ix-hidden:f-1061">Other current liabilities</span></span></span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">85 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">69 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating lease liabilities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">667 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">597 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total operating lease liabilities</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">752 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">666 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As of July 31, 2026, we have additional operating leases with total minimum lease payments of $56 million primarily for office facilities that have not yet commenced and therefore are not reflected on the consolidated balance sheets or in the tables above. These operating leases are expected to commence in fiscal year 2027 with lease terms ranging from <span style="-sec-ix-hidden:f-1069">five</span></span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">to 10 years.</span></div> P16Y 1 P10Y P4Y P3Y <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The components of lease expense were as follows:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.297%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.697%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating lease cost </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">142 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">111 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">108 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Variable lease cost</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Sublease income</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(10)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total net lease cost</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">159 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">123 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">120 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)    </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Includes short-term leases, which were not material for the twelve months ended July 31, 2026, 2025, or 2024.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Supplemental cash flow information related to operating leases was as follows:</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.297%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.697%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash paid for amounts included in the measurement of operating lease liabilities</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">124 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">101 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">89 </span></td><td style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Right-of-use assets obtained in exchange for operating lease liabilities</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">183 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">212 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">35 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other information related to operating leases was as follows at the dates indicated:</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.297%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.697%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average remaining lease term for operating leases</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7.2 years</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8.1 years</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7.7 years</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average discount rate for operating leases</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.4 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.8 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.3 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td></tr></table></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Supplemental balance sheet information related to operating leases was as follows at the dates indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:77.701%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.696%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating lease right-of-use assets</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">609 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">541 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><span style="-sec-ix-hidden:f-1060"><span style="-sec-ix-hidden:f-1061">Other current liabilities</span></span></span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">85 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">69 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating lease liabilities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">667 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">597 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total operating lease liabilities</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">752 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">666 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 142000000 111000000 108000000 25000000 22000000 23000000 8000000 10000000 11000000 159000000 123000000 120000000 124000000 101000000 89000000 183000000 212000000 35000000 P7Y2M12D P8Y1M6D P7Y8M12D 0.044 0.038 0.033 <div style="margin-top:12pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Future minimum lease payments under noncancellable operating leases as of July 31, 2026 were as follows:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:89.104%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.696%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Operating</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Leases </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:700;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Fiscal year ending July 31,</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2027</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">112 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2028</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">130 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2029</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">134 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2030</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">124 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2031</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">109 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Thereafter</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">285 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total future minimum lease payments</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">894 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Less imputed interest</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(142)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Present value of lease liabilities</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">752 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)    </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Noncancellable future sublease proceeds as of July 31, 2026</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span>totaled $17 million through July 31, 2031 and are not included in the table above. 112000000 130000000 134000000 124000000 109000000 285000000 894000000 142000000 752000000 17000000 609000000 541000000 85000000 69000000 667000000 597000000 752000000 666000000 56000000 P10Y <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">10. Income Taxes</span></td></tr></table></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The provision for income taxes consisted of the following for the periods indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(59)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,219 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">984 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">State</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">189 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">237 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">202 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> Total current</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">179 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,481 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,222 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred:</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,205 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(453)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(523)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">State</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">72 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(70)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(97)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(15)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total deferred</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,272 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(516)</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(635)</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total provision for income taxes</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,451 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">965 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">587 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We recognized tax shortfalls on share-based compensation of $43 million in the provision for income taxes for the twelve months ended July 31, 2026. We recognized excess tax benefits on share-based compensation of $143 million and $183 million in the provision for income taxes for the twelve months ended July 31, 2025 and 2024, respectively. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The sources of income before the provision for income taxes consisted of the following for the periods indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">United States</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,875 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,700 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,449 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">142 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">134 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">101 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,017 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,834 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,550 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Differences between income taxes calculated using the federal statutory income tax rate and the provision for income taxes were as follows for the periods indicated:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.290%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.526%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.374%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.514%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.380%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.526%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.374%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.514%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.380%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.526%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.374%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.522%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="33" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="9" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percent</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percent</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percent</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income before income taxes</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,017 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,834 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,550 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><span style="-sec-ix-hidden:f-1117"><span style="-sec-ix-hidden:f-1118"><span style="-sec-ix-hidden:f-1119">Statutory federal income tax</span></span></span></span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,264 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.0 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,015 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.0 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">746 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.0 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">State income taxes, net of federal benefit </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">206 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.4 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">132 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.7 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">83 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.3 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign tax effects:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Statutory tax rate differences between foreign and U.S.</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.2 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.1 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tax credits</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal research and experimentation credits</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(96)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.6)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(113)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.3)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(109)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3.1)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Nontaxable or nondeductible items</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based compensation</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">56 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.0 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">47 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.0 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.2 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Shortfalls (excess tax benefits) related to share-based compensation</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.6 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(120)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.5)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(153)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4.3)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Changes in unrecognized tax benefits</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(36)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.6)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.2)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(33)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.9)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other adjustments</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.1 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.2 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.3 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Provision for income taxes</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,451 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24.1 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">965 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20.0 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">587 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16.5 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:3pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> Fiscal 2026: State taxes effect in New York, Illinois, Pennsylvania, New Jersey, New York City, Massachusetts, Minnesota, Georgia, and Michigan made up the majority (greater than 50%) of the tax effect in this category. </span></div><div style="margin-top:3pt;padding-left:31.5pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fiscal 2025: State taxes effect in New York, Illinois, New Jersey, Pennsylvania, New York City, Massachusetts, Texas, Minnesota, and Maryland made up the majority (greater than 50%) of the tax effect in this category.</span></div><div style="margin-top:3pt;padding-left:31.5pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fiscal 2024: State taxes effect in New York, Illinois, New Jersey, Florida, New York City, Massachusetts, Minnesota, and Michigan made up the majority (greater than 50%) of the tax effect in this category. </span></div><div style="margin-top:3pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> Fiscal 2026: Other adjustments include nontaxable or nondeductible items and other tax credits.</span></div><div style="margin-top:3pt;padding-left:31.5pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fiscal 2025: Other adjustments include nontaxable or nondeductible items and the effect of cross border tax laws.</span></div><div style="margin-top:3pt;padding-left:31.5pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fiscal 2024: Other adjustments include nontaxable or nondeductible items and other tax credits. </span></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The state income tax line in the table above includes tax shortfalls related to share-based compensation of $7 million for the twelve months ended July 31, 2026. The state income tax line in the table above includes excess tax benefits related to share-based compensation of $23 million and $30 million for the twelve months ended July 31, 2025 and 2024, respectively.</span></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Income taxes paid, net of refunds, were as follows (in millions):</span></div><div style="margin-top:7pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.297%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.697%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">U.S. federal</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,105 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,659 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">U.S. state and local</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">California</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">51 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">New York</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pennsylvania</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">162 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">191 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">161 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">India</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">  Total cash paid for income taxes, net of refunds</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">281 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,408 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,881 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On July 4, 2025, the U.S. federal government enacted the One Big Beautiful Bill Act (OBBBA), which includes significant tax</span></div><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">changes, most notably the reinstatement of the immediate expensing of domestic research and development expenditures,</span></div><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">effective in fiscal 2026. The deductibility of these expenditures, including the election to deduct the prior year unamortized, capitalized research and development expenses, reduced the deferred tax assets and income taxes payable for fiscal 2026.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In the current global tax policy environment, the U.S. and other domestic and foreign governments continue to consider, and in some cases enact, changes in corporate tax laws. As changes occur, we account for finalized legislation in the period of enactment.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Material deferred tax assets and liabilities were as follows at the dates indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:77.701%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.696%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred tax assets:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accruals and reserves not currently deductible</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">98 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">72 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capitalized research and development</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">673 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,895 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating lease liabilities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">176 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">173 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accrued and deferred compensation</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">154 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">116 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Loss and tax credit carryforwards</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">243 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">277 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based compensation</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">106 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">113 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other, net</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total gross deferred tax assets</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,477 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,670 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Valuation allowance</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(257)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(290)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total deferred tax assets</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,220 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,380 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred tax liabilities:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating lease right-of-use assets</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">139 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">140 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Intangibles</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,012 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">950 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Property and equipment</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">32 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other, net</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">107 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">56 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total deferred tax liabilities</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,287 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,178 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net deferred tax assets (liabilities)</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(67)</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,202 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The components of total net deferred tax assets, net of valuation allowances, as shown on our consolidated balance sheets were as follows at the dates indicated:</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:77.701%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.696%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Long-term deferred income tax assets</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">172 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,222 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Long-term deferred income tax liabilities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(239)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(20)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net deferred tax assets (liabilities)</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(67)</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,202 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We have provided a valuation allowance on California net deferred tax assets primarily related to state research and experimentation tax credit carryforwards. We have also provided a valuation allowance on other non-California state operating loss and foreign loss carryforwards. We have provided a valuation allowance on these deferred tax assets as we believe they are unlikely to be realized. We have a valuation allowance of $257 million and $290 million for the twelve months ended July 31, 2026 and July 31, 2025, respectively. The valuation allowance on our net deferred taxes decreased by $33 million for the twelve months ended July 31, 2026. The change in the valuation allowance was primarily related to a decrease in the allowance for California net deferred tax assets. The valuation allowance on our net deferred taxes increased by $63 million for the twelve months ended July 31, 2025. The change in the valuation allowance was primarily related to an increase in the allowance for California net deferred tax assets.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At July 31, 2026, we had federal net operating loss carryforwards of approximately $35 million that will start to expire in fiscal 2032. Utilization of the net operating losses is subject to annual limitation. The annual limitation may result in the expiration of net operating losses before utilization.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At July 31, 2026, we had state net operating loss carryforwards of approximately $99 million for which we have recorded a deferred tax asset of $6 million and a valuation allowance of $6 million. The state net operating loss carryforwards will start to expire in fiscal 2028. Utilization of the net operating losses is subject to annual limitation. The annual limitation may result in the expiration of net operating losses before utilization.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At July 31, 2026, we had foreign net operating loss carryforwards of approximately $18 million which carry forward indefinitely. We maintain a full valuation allowance with respect to the foreign net operating losses as there is not sufficient evidence of future sources of taxable income required to utilize such carryforwards.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At July 31, 2026, we had California research and experimentation credit carryforwards of approximately $415 million. The California research and experimentation credit will carry forward indefinitely. We maintain a full valuation allowance with respect to the California research and experimentation credit carryforwards as there is not sufficient evidence of future sources of taxable income required to utilize such carryforwards. </span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Unrecognized Tax Benefits</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The aggregate changes in the balance of our gross unrecognized tax benefits were as follows for the periods indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Gross unrecognized tax benefits, beginning balance</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">394 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">327 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">246 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Increases related to tax positions from prior fiscal years, including acquisitions</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Decreases related to tax positions from prior fiscal years</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Increases related to tax positions taken during current fiscal year</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">42 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">91 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Settlements with tax authorities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lapse of statute of limitations</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(38)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(37)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Gross unrecognized tax benefits, ending balance</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">413 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">394 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">327 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The total amount of our unrecognized tax benefits at July 31, 2026 was $413 million. If we were to recognize these net benefits, our income tax expense would reflect a favorable net impact of $275 million.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We file U.S. federal, U.S. state, and foreign tax returns. Our major tax jurisdiction is the U.S. federal jurisdiction. For U.S. federal tax returns, we are no longer subject to tax examinations for years prior to fiscal 2023 except for fiscal 2018 and fiscal 2016.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We recognize interest and penalties related to unrecognized tax benefits within the provision for income taxes. Amounts accrued at July 31, 2026 and July 31, 2025 for the payment of interest and penalties were not material. The amounts of interest and penalties that we recognized during the twelve months ended July 31, 2026, 2025, and 2024, were also not material.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We offset a $61 million long-term liability for uncertain tax positions against our long-term income tax receivable at each of the</span></div><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">reporting periods ended July 31, 2026 and July 31, 2025. The long-term income tax receivable for both periods was primarily related to the government’s approval of a method of accounting change request for fiscal 2018.</span></div> <div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The provision for income taxes consisted of the following for the periods indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(59)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,219 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">984 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">State</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">189 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">237 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">202 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> Total current</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">179 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,481 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,222 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred:</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,205 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(453)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(523)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">State</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">72 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(70)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(97)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(15)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total deferred</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,272 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(516)</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(635)</span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total provision for income taxes</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,451 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">965 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">587 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> -59000000 1219000000 984000000 189000000 237000000 202000000 49000000 25000000 36000000 179000000 1481000000 1222000000 1205000000 -453000000 -523000000 72000000 -70000000 -97000000 -5000000 7000000 -15000000 1272000000 -516000000 -635000000 1451000000 965000000 587000000 43000000 -143000000 -183000000 <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The sources of income before the provision for income taxes consisted of the following for the periods indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">United States</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,875 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,700 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,449 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">142 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">134 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">101 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,017 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,834 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,550 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 5875000000 4700000000 3449000000 142000000 134000000 101000000 6017000000 4834000000 3550000000 <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Differences between income taxes calculated using the federal statutory income tax rate and the provision for income taxes were as follows for the periods indicated:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.290%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.526%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.374%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.514%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.380%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.526%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.374%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.514%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.380%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.526%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.374%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.522%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="33" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="9" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percent</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percent</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amount</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percent</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income before income taxes</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,017 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,834 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,550 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><span style="-sec-ix-hidden:f-1117"><span style="-sec-ix-hidden:f-1118"><span style="-sec-ix-hidden:f-1119">Statutory federal income tax</span></span></span></span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,264 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.0 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,015 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.0 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">746 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.0 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">State income taxes, net of federal benefit </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">206 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.4 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">132 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.7 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">83 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.3 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign tax effects:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Statutory tax rate differences between foreign and U.S.</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.2 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.1 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tax credits</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal research and experimentation credits</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(96)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.6)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(113)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.3)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(109)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3.1)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Nontaxable or nondeductible items</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based compensation</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">56 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.0 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">47 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.0 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.2 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 10pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Shortfalls (excess tax benefits) related to share-based compensation</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.6 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(120)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.5)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(153)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4.3)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Changes in unrecognized tax benefits</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(36)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.6)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.2)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(33)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.9)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other adjustments</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.1 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.2 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.3 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Provision for income taxes</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,451 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24.1 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">965 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20.0 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">587 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16.5 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:3pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> Fiscal 2026: State taxes effect in New York, Illinois, Pennsylvania, New Jersey, New York City, Massachusetts, Minnesota, Georgia, and Michigan made up the majority (greater than 50%) of the tax effect in this category. </span></div><div style="margin-top:3pt;padding-left:31.5pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fiscal 2025: State taxes effect in New York, Illinois, New Jersey, Pennsylvania, New York City, Massachusetts, Texas, Minnesota, and Maryland made up the majority (greater than 50%) of the tax effect in this category.</span></div><div style="margin-top:3pt;padding-left:31.5pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fiscal 2024: State taxes effect in New York, Illinois, New Jersey, Florida, New York City, Massachusetts, Minnesota, and Michigan made up the majority (greater than 50%) of the tax effect in this category. </span></div><div style="margin-top:3pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> Fiscal 2026: Other adjustments include nontaxable or nondeductible items and other tax credits.</span></div><div style="margin-top:3pt;padding-left:31.5pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fiscal 2025: Other adjustments include nontaxable or nondeductible items and the effect of cross border tax laws.</span></div>Fiscal 2024: Other adjustments include nontaxable or nondeductible items and other tax credits. 6017000000 4834000000 3550000000 1264000000 0.210 1015000000 0.210 746000000 0.210 206000000 0.034 132000000 0.027 83000000 0.023 14000000 0.002 4000000 0.001 0 0 96000000 0.016 113000000 0.023 109000000 0.031 56000000 0.010 47000000 0.010 43000000 0.012 36000000 0.006 -120000000 -0.025 -153000000 -0.043 -36000000 -0.006 -11000000 -0.002 -33000000 -0.009 7000000 0.001 11000000 0.002 10000000 0.003 1451000000 0.241 965000000 0.200 587000000 0.165 7000000 -23000000 -30000000 <div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Income taxes paid, net of refunds, were as follows (in millions):</span></div><div style="margin-top:7pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.297%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.697%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">U.S. federal</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,105 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,659 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">U.S. state and local</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">California</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">51 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">New York</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pennsylvania</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">162 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">191 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">161 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">India</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">  Total cash paid for income taxes, net of refunds</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">281 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,408 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,881 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> -6000000 1105000000 1659000000 51000000 31000000 -4000000 25000000 23000000 20000000 18000000 15000000 14000000 162000000 191000000 161000000 24000000 21000000 24000000 7000000 22000000 7000000 281000000 1408000000 1881000000 <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Material deferred tax assets and liabilities were as follows at the dates indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:77.701%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.696%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred tax assets:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accruals and reserves not currently deductible</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">98 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">72 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capitalized research and development</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">673 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,895 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating lease liabilities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">176 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">173 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accrued and deferred compensation</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">154 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">116 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Loss and tax credit carryforwards</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">243 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">277 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based compensation</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">106 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">113 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other, net</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total gross deferred tax assets</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,477 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,670 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Valuation allowance</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(257)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(290)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total deferred tax assets</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,220 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,380 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred tax liabilities:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating lease right-of-use assets</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">139 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">140 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Intangibles</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,012 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">950 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Property and equipment</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">32 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other, net</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">107 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">56 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total deferred tax liabilities</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,287 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,178 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net deferred tax assets (liabilities)</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(67)</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,202 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 98000000 72000000 673000000 1895000000 176000000 173000000 154000000 116000000 243000000 277000000 106000000 113000000 27000000 24000000 1477000000 2670000000 257000000 290000000 1220000000 2380000000 139000000 140000000 1012000000 950000000 29000000 32000000 107000000 56000000 1287000000 1178000000 67000000 1202000000 <div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The components of total net deferred tax assets, net of valuation allowances, as shown on our consolidated balance sheets were as follows at the dates indicated:</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:77.701%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.696%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Long-term deferred income tax assets</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">172 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,222 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Long-term deferred income tax liabilities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(239)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(20)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net deferred tax assets (liabilities)</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(67)</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,202 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 172000000 1222000000 239000000 20000000 67000000 1202000000 257000000 290000000 -33000000 63000000 35000000 99000000 6000000 6000000 18000000 415000000 <div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The aggregate changes in the balance of our gross unrecognized tax benefits were as follows for the periods indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Gross unrecognized tax benefits, beginning balance</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">394 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">327 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">246 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Increases related to tax positions from prior fiscal years, including acquisitions</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Decreases related to tax positions from prior fiscal years</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Increases related to tax positions taken during current fiscal year</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">42 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">91 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Settlements with tax authorities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lapse of statute of limitations</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(38)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(37)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Gross unrecognized tax benefits, ending balance</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">413 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">394 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">327 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 394000000 327000000 246000000 17000000 11000000 36000000 0 21000000 12000000 42000000 91000000 95000000 2000000 2000000 1000000 38000000 12000000 37000000 413000000 394000000 327000000 413000000 275000000 61000000 61000000 <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">11. Stockholders’ Equity</span></td></tr></table></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Stock Repurchase Programs and Treasury Shares</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Intuit’s Board of Directors has authorized a common stock repurchase program. Shares of common stock repurchased under this program become treasury shares. Under this program, we repurchased 13.4 million shares of our common stock for $5.5 billion during the twelve months ended July 31, 2026. Included in this amount were $31 million of repurchases which occurred in late July 2026 and settled in August 2026. On August 19, 2025, our Board of Directors approved an increase in the authorization under the existing stock repurchase program to repurchase up to an additional $3.2 billion of our common stock. On May 7, 2026, our Board of Directors approved an increase in the authorization under the existing stock repurchase program to repurchase up to an additional $8.0 billion of our common stock. At July 31, 2026, we had remaining authorization from our Board of Directors for up to $7.9 billion in stock repurchases. Future stock repurchases under the current program are at the discretion of management, and authorization of future stock repurchase programs is subject to the final determination of our Board of Directors.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our treasury shares are repurchased at the market price on the trade date. Through July 23, 2026, all amounts paid to reacquire these shares had been recorded as treasury stock on our consolidated balance sheets. Any direct costs to acquire treasury stock were recorded to treasury stock on our consolidated balance sheets. Repurchased shares of our common stock were held as treasury shares until they were reissued or retired. When we reissue treasury stock, if the proceeds from the sale are more than the average price we paid to acquire the shares, we record an increase in additional paid-in capital. Conversely, if the proceeds from the sale are less than the average price we paid to acquire the shares, we record a decrease in additional paid-in capital to the extent of increases previously recorded for similar transactions and a decrease in retained earnings for any remaining amount.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On July 23, 2026, we retired all of our existing treasury shares. Additionally, we retired all shares repurchased from July 24, 2026 through July 31, 2026. These shares assumed the status of authorized and unissued shares upon retirement. The excess of the purchase price over par value was first deducted from APIC to the extent that APIC was available, with any remaining excess deducted from retained earnings. For the twelve months ended July 31, 2026, we retired a total of 233 million, or $27.0 billion, of treasury shares, and reduced APIC by $23.2 billion and retained earnings by $3.8 billion, with no net impact to total stockholders’ equity on our consolidated balance sheets. Any future repurchased shares will assume the status of authorized and unissued shares, and the related excess of the repurchase price over par value will be recorded consistent with the methodology described above.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Dividends on Common Stock</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">During the twelve months ended July 31, 2026, we declared cash dividends that totaled $4.80 per share of outstanding common stock, or approximately $1.3 billion. In August 2026, our Board of Directors declared a quarterly cash dividend of $1.38 per share of outstanding common stock payable on October 16, 2026 to stockholders of record at the close of business on October 8, 2026. Future declarations of dividends and the establishment of future record dates and payment dates are subject to the final determination of our Board of Directors.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Description of 2005 Equity Incentive Plan and Credit Karma, Inc. 2015 Equity Incentive Plan</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our stockholders initially approved our 2005 Equity Incentive Plan (2005 Plan) on December 9, 2004. On January 18, 2024, our stockholders approved an Amended and Restated 2005 Equity Incentive Plan (Restated 2005 Plan) that expires on January 18, 2034. Under the Restated 2005 Plan, we are permitted to grant incentive and non-qualified stock options, restricted stock awards, RSUs, stock appreciation rights, and stock bonus awards to our employees, non-employee directors, and consultants. The Compensation and Organizational Development Committee of our Board of Directors or its delegates determine who will receive grants, when those grants will be exercisable, their exercise price, and other terms. We are permitted to issue up to 171.7 million shares under the Restated 2005 Plan. The plan provides a fungible share reserve. Each stock option granted on or after November 1, 2010 reduces the share reserve by one share and each restricted stock award or restricted stock unit granted reduces the share reserve by 2.3 shares. Stock options forfeited and returned to the pool of shares available for grant increase the pool by one share for each share forfeited. Restricted stock awards and RSUs forfeited and returned to the pool of shares available for grant increase the pool by 2.3 shares for each share forfeited. Shares withheld for income taxes upon vesting of RSUs that were granted on or after July 21, 2016 are also returned to the pool of shares available for grant. Stock options granted under the 2005 Plan and the Restated 2005 Plan typically vest over <span style="-sec-ix-hidden:f-1297">three</span> to four years based on continued service and have a seven-year term. RSUs granted under those plans typically vest over <span style="-sec-ix-hidden:f-1300">three</span> to four years based on continued service. Certain RSUs granted to senior management vest based on the achievement of pre-established market goals.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In connection with our acquisition of Credit Karma on December 3, 2020, we assumed the Credit Karma, Inc. 2015 Equity Incentive Plan, as amended (Credit Karma Plan), under which the assumed equity awards were granted. Under the Restated 2005 Plan, effective January 20, 2022, shares available under the Credit Karma Plan became available for grant under the Restated 2005 Plan and no shares may be granted out of the Credit Karma Plan. After January 20, 2022, shares forfeited and returned to the pool from grants issued out of the Credit Karma Plan increase the pool by 2.3 shares for each share forfeited.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At July 31, 2026, there were approximately 11.3 million shares available for grant under the Restated 2005 Plan.</span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Description of Employee Stock Purchase Plan</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On November 26, 1996, our stockholders initially adopted our Employee Stock Purchase Plan (ESPP) under Section 423 of the Internal Revenue Code. The ESPP permits our eligible employees to make payroll deductions to purchase our stock on regularly scheduled purchase dates at a discount. Our stockholders have approved amendments to the ESPP to permit the issuance of up to 25.8 million shares under the ESPP, which expires upon the earliest to occur of (a) termination of the ESPP by our Board of Directors, or (b) issuance of all the shares of Intuit’s common stock reserved for issuance under the ESPP. Offering periods under the ESPP are six months in duration and composed of two consecutive three-month accrual periods. Shares are purchased at 85% of the lower of the closing price for Intuit common stock on the first day of the offering period or the last day of the accrual period.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Under the ESPP, employees purchased 438,432 shares of Intuit common stock during the twelve months ended July 31, 2026; 306,286 shares during the twelve months ended July 31, 2025; and 360,028 shares during the twelve months ended July 31, 2024. At July 31, 2026, there were 1,219,234 shares available for issuance under this plan.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Share-Based Compensation Expense</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes the total share-based compensation expense that we recorded in operating income for the periods shown.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cost of service revenue</span></div></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">370 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">420 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">398 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cost of product and other revenue</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Selling and marketing</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">587 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">541 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">506 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Research and development</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">706 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">629 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">639 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General and administrative</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">392 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">375 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">368 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restructuring</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total share-based compensation expense </span></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,056 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,968 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,940 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax benefit</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(366)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(548)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(594)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Decrease in net income</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,690 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,420 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,346 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Determining Fair Value</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Valuation and Amortization Methods</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">RSUs granted typically vest based on continued service. We value these time-based RSUs at the date of grant using the intrinsic value method. We amortize the fair value of time-based RSUs on a straight-line basis over the service period. These time-based RSUs accounted for approximately 90% of our total share-based compensation expense during the twelve months ended July 31, 2026. Certain RSUs granted to senior management vest based on the achievement of pre-established market goals. We estimate the fair value of market-based RSUs at the date of grant using a Monte Carlo valuation methodology and amortize those fair values over the requisite service period for each separately vesting tranche of the award. The Monte Carlo methodology that we use to estimate the fair value of market-based RSUs at the date of grant incorporates into the valuation the possibility that the market condition may not be satisfied. Provided that the requisite service is rendered, the total fair value of the market-based RSUs at the date of grant must be recognized as compensation expense even if the market condition is not achieved. However, the number of shares that ultimately vest can vary significantly with the performance of the specified market criteria. All of the RSUs we grant have dividend rights that are subject to the same vesting requirements as the underlying equity awards, so we do not adjust the market price of our stock on the date of grant for dividends.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We estimate the fair value of stock options granted using a lattice binomial model. Our stock options have various restrictions, including vesting provisions and restrictions on transfer, and are often exercised prior to their contractual maturity. We believe that lattice binomial models are more capable of incorporating the features of our stock options than closed-form models such as the Black Scholes model. The use of a lattice binomial model requires the use of extensive actual employee exercise behavior and a number of complex assumptions, including the expected volatility of our stock price over the term of the options, risk-free interest rates, and expected dividends. We amortize the fair value of options on a straight-line basis over the requisite service periods of the awards, which are generally the vesting periods.</span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Expected Term</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. The expected term of options granted represents the period of time that they are expected to be outstanding and is a derived output of the lattice binomial model. The expected term of stock options is impacted by all of the underlying assumptions and calibration of our model. The lattice binomial model assumes that option exercise behavior is a function of the option’s remaining life and the extent to which the market price of our common stock exceeds the option </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">exercise price. The lattice binomial model estimates the probability of exercise as a function of these two variables based on the history of exercises and cancellations on all past option grants made by us.</span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Expected Volatility</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. We estimate the volatility of our common stock at the date of grant based on the implied volatility of one-year publicly traded options on our common stock. Our decision to use implied volatility was based on the availability of actively traded options on our common stock and our assessment that implied volatility is more representative of future stock price trends than historical volatility.</span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Risk-Free Interest Rate</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">.</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> We base the risk-free interest rate that we use in our option valuation model on the implied yield in effect at the time of option grant on constant maturity U.S. Treasury issues with equivalent remaining terms.</span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Dividends</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">.</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> We use an annualized expected dividend yield in our option valuation model. We paid quarterly cash dividends during all years presented and currently expect to continue to pay cash dividends in the future. </span></div><div style="margin-top:6pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Forfeitures</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">.</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> We adjust share-based compensation expense for actual forfeitures as they occur. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We used the following assumptions to estimate the fair value of stock options granted and shares purchased under our Employee Stock Purchase Plan for the periods indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:47.362%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.126%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:2.728%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.126%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:2.728%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.130%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Assumptions for stock options:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Expected volatility</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58.64 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29.54 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">  31%</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average expected volatility</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58.64 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29.54 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Risk-free interest rate</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.41 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.95 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> 4.13%</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Expected dividend yield</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.70 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.53 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.57 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Assumptions for ESPP:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Expected volatility (range)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30% - 47% </span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30% - 31%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27% - 36%</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average expected volatility</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">38 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Risk-free interest rate (range)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.69% - 4.24%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.29% - 5.39%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.94% - 5.55%</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Expected dividend yield (range)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.64% - 1.06%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.56% - 0.69%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.57% - 0.75%</span></div></td></tr></table></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:12pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Share-Based Awards Available for Grant</span></div></td></tr></table></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">A summary of share-based awards available for grant under our plans for the fiscal periods indicated was as follows:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:83.673%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.127%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Shares in thousands)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Shares <br/>Available<br/>for Grant</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2023</span></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">19,026</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Additional shares authorized</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,200 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restricted stock units granted </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9,782)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Options granted</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(326)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based awards canceled/forfeited/expired </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)(2)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,199 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2024</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">27,317</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restricted stock units granted </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8,812)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Options granted</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(287)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based awards canceled/forfeited/expired </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)(2)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,929 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2025</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">25,147</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restricted stock units granted</span><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline"> (1)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21,070)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Options granted</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(69)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based awards canceled/forfeited/expired</span><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline"> (1)(2)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,272 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2026</span></td><td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">11,280</span><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.23pt">RSUs granted from the pool of shares available for grant under our Restated 2005 Plan reduce the pool by 2.3 shares for each share granted. RSUs forfeited and returned to the pool of shares available for grant under the Restated 2005 Plan increase the pool by 2.3 shares for each share forfeited.</span></div><div style="margin-top:6pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.23pt">Stock options and RSUs canceled, expired, or forfeited under our Restated 2005 Plan are returned to the pool of shares available for grant. Under the Restated 2005 Plan, shares withheld for income taxes upon vesting of RSUs that were granted on or after July 21, 2016 are also returned to the pool of shares available for grant.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Restricted Stock Unit and Restricted Stock Activity</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">A summary of RSU and restricted stock activity for the periods indicated was as follows:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.122%"><tr><td style="width:1.0%"></td><td style="width:77.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.782%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.422%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.783%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Shares in thousands)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number<br/>of Shares</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Grant Date</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Unvested at July 31, 2023</span></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">11,894</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$433.70</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Granted</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,253 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">590.59 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,233)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">439.08 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Forfeited</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(990)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">390.17 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Unvested at July 31, 2024</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">10,924</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">496.64</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Granted</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,831 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">696.82 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,674)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">512.36 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Forfeited</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,508)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">456.60 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Unvested at July 31, 2025</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">9,573</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">577.03</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,161 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">291.74 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,598)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">561.86 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Forfeited</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,677)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">542.33 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Unvested at July 31, 2026</span></td><td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">13,459</span><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$391.22</span><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr></table></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Additional information regarding our RSUs is shown in the table below.</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total fair market value of shares vested</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,767 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,434 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,575 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based compensation for RSUs</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,958 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,882 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,857 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total tax benefit related to RSU share-based compensation expense</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">360 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">524 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">545 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash tax benefits realized for tax deductions for RSUs</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">378 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">533 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">526 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At July 31, 2026, there was $4.9 billion of unrecognized compensation cost related to unvested RSUs and restricted stock with a weighted-average vesting period of 3.0 years. We adjust unrecognized compensation cost for actual forfeitures as they occur.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Stock Option Activity</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">A summary of stock option activity for the periods indicated was as follows:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:73.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.613%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.614%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Options Outstanding</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Shares in thousands)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number of<br/>Shares</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Exercise Price</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Per Share</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2023</span></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2,130</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$360.17</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">326 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">626.32 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Exercised</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(570)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">212.89 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Canceled or expired</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(114)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">467.16 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2024</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1,772</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">449.66</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">287 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">781.21 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Exercised</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(660)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">354.70 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Canceled or expired</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(80)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">493.70 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2025</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1,319</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">566.59</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">69 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">281.53 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Exercised</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(30)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">478.86 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Canceled or expired</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(118)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">601.89 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2026</span></td><td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1,240</span><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$549.37</span><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Information regarding stock options outstanding as of July 31, 2026 is summarized below:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:47.951%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.432%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.432%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.432%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.438%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number<br/>of Shares<br/>(in thousands)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-<br/>Average<br/>Remaining<br/>Contractual<br/>Life<br/>(in years)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-<br/>Average<br/>Exercise<br/>Price per<br/>Share</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate<br/>Intrinsic<br/>Value<br/>(in millions)</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Options outstanding</span></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,240 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.86</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$549.37 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$4 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Options exercisable</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">793 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.89</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$508.10 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$1 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The aggregate intrinsic values at July 31, 2026 are calculated as the difference between the exercise price of the underlying options and the market price of our common stock for shares that were in-the-money at that date. In-the-money options at July 31, 2026 were options that had exercise prices that were lower than the $316.07 market price of our common stock at that date. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Additional information regarding our stock options and ESPP shares is shown in the table below.</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions, except per share amounts)</span></div></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average fair value of options granted (per share)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">124.58 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">246.17 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">188.54 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total grant date fair value of options vested</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">38 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Aggregate intrinsic value of options exercised</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">208 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">209 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based compensation expense for stock options and ESPP</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">98 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">86 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">83 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total tax benefit for stock option and ESPP share-based compensation</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash received from option exercises</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">234 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">121 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash tax benefits realized related to tax deductions for non-qualified option exercises and disqualifying dispositions under all share-based payment arrangements</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At July 31, 2026, there was $88 million of unrecognized compensation cost related to unvested stock options with a weighted-average vesting period of 2.6 years. We adjust unrecognized compensation cost for actual forfeitures as they occur.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:15pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Accumulated Other Comprehensive Loss</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Comprehensive income consists of two elements, net income and other comprehensive income (loss). Other comprehensive income (loss) items are recorded in the stockholders’ equity section of our consolidated balance sheets and are excluded from net income. Our other comprehensive income (loss) primarily consists of foreign currency translation adjustments for subsidiaries with functional currencies other than the U.S. dollar and unrealized gains and losses on marketable debt securities classified as available-for-sale. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table shows the components of accumulated other comprehensive loss, net of income taxes, in the stockholders’ equity section of our consolidated balance sheets at the dates indicated.</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.122%"><tr><td style="width:1.0%"></td><td style="width:77.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.782%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.422%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.783%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign currency translation adjustments</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(50)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(51)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unrealized gain (loss) on available-for-sale debt securities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total accumulated other comprehensive loss</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(57)</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(50)</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 13400000 5500000000 31000000 3200000000 8000000000.0 7900000000 233000000 -27000000000.0 23200000000 3800000000 4.80 1300000000 1.38 171700000 1 2.3 1 2.3 P4Y P7Y P4Y 2.3 11300000 25800000 P6M 2 P3M 0.85 438432 306286 360028 1219234 <div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes the total share-based compensation expense that we recorded in operating income for the periods shown.</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cost of service revenue</span></div></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">370 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">420 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">398 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cost of product and other revenue</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Selling and marketing</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">587 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">541 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">506 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Research and development</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">706 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">629 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">639 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General and administrative</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">392 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">375 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">368 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restructuring</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total share-based compensation expense </span></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,056 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,968 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,940 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax benefit</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(366)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(548)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(594)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Decrease in net income</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,690 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,420 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,346 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> 370000000 420000000 398000000 1000000 3000000 4000000 587000000 541000000 506000000 706000000 629000000 639000000 392000000 375000000 368000000 0 0 25000000 2056000000 1968000000 1940000000 366000000 548000000 594000000 1690000000 1420000000 1346000000 0.90 <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We used the following assumptions to estimate the fair value of stock options granted and shares purchased under our Employee Stock Purchase Plan for the periods indicated:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:47.362%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.126%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:2.728%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.126%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:2.728%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.130%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Assumptions for stock options:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Expected volatility</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58.64 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29.54 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">  31%</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average expected volatility</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58.64 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29.54 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Risk-free interest rate</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.41 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.95 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> 4.13%</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Expected dividend yield</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.70 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.53 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.57 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Assumptions for ESPP:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Expected volatility (range)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30% - 47% </span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30% - 31%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27% - 36%</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average expected volatility</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">38 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Risk-free interest rate (range)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.69% - 4.24%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.29% - 5.39%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.94% - 5.55%</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Expected dividend yield (range)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.64% - 1.06%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.56% - 0.69%</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.57% - 0.75%</span></div></td></tr></table></div> 0.5864 0.2954 0.31 0.5864 0.2954 0.31 0.0441 0.0395 0.0413 0.0170 0.0053 0.0057 0.30 0.47 0.30 0.31 0.27 0.36 0.38 0.30 0.31 0.0369 0.0424 0.0429 0.0539 0.0494 0.0555 0.0064 0.0106 0.0056 0.0069 0.0057 0.0075 <div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">A summary of share-based awards available for grant under our plans for the fiscal periods indicated was as follows:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:83.673%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.127%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Shares in thousands)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Shares <br/>Available<br/>for Grant</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2023</span></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">19,026</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Additional shares authorized</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,200 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restricted stock units granted </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9,782)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Options granted</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(326)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based awards canceled/forfeited/expired </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)(2)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,199 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2024</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">27,317</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restricted stock units granted </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8,812)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Options granted</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(287)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based awards canceled/forfeited/expired </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)(2)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,929 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2025</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">25,147</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restricted stock units granted</span><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline"> (1)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21,070)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Options granted</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(69)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based awards canceled/forfeited/expired</span><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline"> (1)(2)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,272 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2026</span></td><td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">11,280</span><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.23pt">RSUs granted from the pool of shares available for grant under our Restated 2005 Plan reduce the pool by 2.3 shares for each share granted. RSUs forfeited and returned to the pool of shares available for grant under the Restated 2005 Plan increase the pool by 2.3 shares for each share forfeited.</span></div><div style="margin-top:6pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.23pt">Stock options and RSUs canceled, expired, or forfeited under our Restated 2005 Plan are returned to the pool of shares available for grant. Under the Restated 2005 Plan, shares withheld for income taxes upon vesting of RSUs that were granted on or after July 21, 2016 are also returned to the pool of shares available for grant.</span></div> 19026000 12200000 9782000 326000 6199000 27317000 8812000 287000 6929000 25147000 21070000 69000 7272000 11280000 2.3 2.3 <div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">A summary of RSU and restricted stock activity for the periods indicated was as follows:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.122%"><tr><td style="width:1.0%"></td><td style="width:77.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.782%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.422%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.783%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Shares in thousands)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number<br/>of Shares</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Grant Date</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Unvested at July 31, 2023</span></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">11,894</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$433.70</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Granted</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,253 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">590.59 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,233)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">439.08 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Forfeited</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(990)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">390.17 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Unvested at July 31, 2024</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">10,924</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">496.64</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Granted</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,831 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">696.82 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,674)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">512.36 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Forfeited</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,508)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">456.60 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Unvested at July 31, 2025</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">9,573</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">577.03</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,161 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">291.74 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,598)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">561.86 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Forfeited</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,677)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">542.33 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Unvested at July 31, 2026</span></td><td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">13,459</span><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$391.22</span><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr></table></div> 11894000 433.70 4253000 590.59 4233000 439.08 990000 390.17 10924000 496.64 3831000 696.82 3674000 512.36 1508000 456.60 9573000 577.03 9161000 291.74 3598000 561.86 1677000 542.33 13459000 391.22 <div style="margin-top:12pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Additional information regarding our RSUs is shown in the table below.</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total fair market value of shares vested</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,767 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,434 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,575 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based compensation for RSUs</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,958 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,882 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,857 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total tax benefit related to RSU share-based compensation expense</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">360 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">524 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">545 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash tax benefits realized for tax deductions for RSUs</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">378 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">533 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">526 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 1767000000 2434000000 2575000000 1958000000 1882000000 1857000000 360000000 524000000 545000000 378000000 533000000 526000000 4900000000 P3Y <div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">A summary of stock option activity for the periods indicated was as follows:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:73.863%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.613%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.614%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Options Outstanding</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Shares in thousands)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number of<br/>Shares</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Exercise Price</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Per Share</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2023</span></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2,130</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$360.17</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">326 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">626.32 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Exercised</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(570)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">212.89 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Canceled or expired</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(114)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">467.16 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2024</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1,772</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">449.66</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">287 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">781.21 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Exercised</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(660)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">354.70 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Canceled or expired</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(80)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">493.70 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2025</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1,319</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">566.59</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">69 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">281.53 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Exercised</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(30)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">478.86 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Canceled or expired</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(118)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">601.89 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Balance at July 31, 2026</span></td><td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1,240</span><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$549.37</span><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr></table></div> 2130000 360.17 326000 626.32 570000 212.89 114000 467.16 1772000 449.66 287000 781.21 660000 354.70 80000 493.70 1319000 566.59 69000 281.53 30000 478.86 118000 601.89 1240000 549.37 <div style="margin-top:7pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Information regarding stock options outstanding as of July 31, 2026 is summarized below:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:47.951%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.432%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.432%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.432%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.438%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number<br/>of Shares<br/>(in thousands)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-<br/>Average<br/>Remaining<br/>Contractual<br/>Life<br/>(in years)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-<br/>Average<br/>Exercise<br/>Price per<br/>Share</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate<br/>Intrinsic<br/>Value<br/>(in millions)</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Options outstanding</span></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,240 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.86</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$549.37 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$4 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Options exercisable</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">793 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.89</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$508.10 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$1 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:bottom"></td></tr></table></div> 1240000 P3Y10M9D 549.37 4000000 793000 P2Y10M20D 508.10 1000000 316.07 <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Additional information regarding our stock options and ESPP shares is shown in the table below.</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions, except per share amounts)</span></div></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average fair value of options granted (per share)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">124.58 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">246.17 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">188.54 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total grant date fair value of options vested</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">38 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Aggregate intrinsic value of options exercised</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">208 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">209 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based compensation expense for stock options and ESPP</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">98 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">86 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">83 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total tax benefit for stock option and ESPP share-based compensation</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash received from option exercises</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">234 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">121 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash tax benefits realized related to tax deductions for non-qualified option exercises and disqualifying dispositions under all share-based payment arrangements</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 124.58 246.17 188.54 48000000 43000000 38000000 5000000 208000000 209000000 98000000 86000000 83000000 6000000 24000000 49000000 14000000 234000000 121000000 2000000 27000000 49000000 88000000 P2Y7M6D <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table shows the components of accumulated other comprehensive loss, net of income taxes, in the stockholders’ equity section of our consolidated balance sheets at the dates indicated.</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.122%"><tr><td style="width:1.0%"></td><td style="width:77.513%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.782%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.422%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.783%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign currency translation adjustments</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(50)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(51)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unrealized gain (loss) on available-for-sale debt securities</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total accumulated other comprehensive loss</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(57)</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(50)</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> -50000000 -51000000 -1000000 1000000 -6000000 0 -57000000 -50000000 <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">12. Benefit Plans</span></td></tr></table></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">Non-Qualified Deferred Compensation Plan</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Intuit’s Executive Deferred Compensation Plan provides that executives who meet minimum compensation requirements are eligible to defer up to 75% of their salaries and up to 75% of their bonuses. We have agreed to credit the participants’ contributions with earnings that reflect the performance of certain independent investment funds. We do not guarantee above-market interest on account balances. We may also make discretionary employer contributions to participant accounts in certain circumstances. The timing, amounts, and vesting schedules of employer contributions are at the sole discretion of the Compensation and Organizational Development Committee of our Board of Directors or its delegate. The benefits under this plan are unsecured and are general assets of Intuit. Participants are generally eligible to receive payment of their vested benefit at the end of their elected deferral period or after termination of their employment with Intuit for any reason or at a later date to comply with the restrictions of Section 409A of the Internal Revenue Code. Participants may elect to receive their payments in a lump sum or installments. Discretionary company contributions and the related earnings vest completely upon the participant’s disability, death, or a change in control of Intuit. We made no employer contributions to the plan for any period presented.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We had liabilities related to this plan of $308 million at July 31, 2026 and $248 million at July 31, 2025. We have matched the plan liabilities with similar-performing assets, which are primarily investments in life insurance contracts. These assets are recorded in other long-term assets, while liabilities related to obligations are recorded in other current liabilities on our consolidated balance sheets.</span></div><div style="margin-top:14pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">401(k) Plans</span></div></td></tr></table></div><div style="margin-top:1pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In the U.S., employees who participate in the Intuit Inc. 401(k) Plan may currently contribute up to 75% of pre-tax compensation, subject to IRS limitations and the terms and conditions of the plan. We match a portion of employee contributions, currently 125% up to six percent of compensation, subject to maximum aggregate matching amounts and IRS limitations. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Additionally, Credit Karma employees in the U.S. who participate in the Credit Karma 401(k) Plan may currently contribute up to 90% of pre-tax compensation, subject to IRS limitations and the terms and conditions of the plan. We match a portion of Credit Karma employee contributions, currently 100% up to six percent of compensation each pay period, subject to maximum aggregate matching amounts and IRS limitations.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Matching contributions for both plans were $156 million for the twelve months ended July 31, 2026; $149 million for the twelve months ended July 31, 2025; and $138 million for the twelve months ended July 31, 2024.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Effective in August 2026, Credit Karma employees began to participate in the Intuit Inc. 401(k) Plan with the terms described above, and their account balances were transferred from the Credit Karma 401(k) Plan to the Intuit Inc. 401(k) Plan.</span></div> 0.75 0.75 308000000 248000000 0.75 1.25 0.90 1 156000000 149000000 138000000 <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">13. Legal Proceedings</span></td></tr></table></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Beginning in May 2019, various legal proceedings were filed and certain regulatory inquiries were commenced in connection with our provision and marketing of free online tax preparation programs. We believe that we have strong defenses to these claims and continue to defend our interests in them.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In June 2021, we received a demand and draft complaint from the Federal Trade Commission (FTC) and certain state attorneys general relating to the ongoing inquiries described above. On March 29, 2022, the FTC filed an action in federal court seeking a temporary restraining order and a preliminary injunction enjoining certain Intuit business practices pending resolution of the FTC’s administrative complaint seeking to permanently enjoin certain Intuit business practices (the FTC Actions). On April 22, 2022, the Northern District of California denied the FTC’s requests for a temporary restraining order and a preliminary injunction. Beginning on March 27, 2023, a final hearing on the administrative action was held before an administrative law judge (ALJ) at the FTC and, on August 29, 2023, the FTC's ALJ issued a decision in favor of the FTC and adverse to Intuit. On January 19, 2024, the FTC Commissioners affirmed the ALJ's decision and issued a final order that required us to adhere to certain marketing practices and did not contain any monetary penalties. On January 21, 2024, we filed a petition for review with the United States Court of Appeals for the Fifth Circuit. The FTC's order became effective on March 23, 2024. On March 20, 2026, the Court of Appeals for the Fifth Circuit issued a decision that vacated the FTC's order and remanded the case to the FTC. The deadline for the FTC to appeal the Fifth Circuit’s decision has now passed. On August 31, 2026, we filed a motion in the U.S. District Court for the Northern District of California seeking the dismissal of the remaining lawsuit brought by the FTC as moot. The FTC has agreed not to oppose this motion, and we are awaiting a decision from the court. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The state attorneys general did not join the FTC Actions, and, on May 4, 2022, we entered into a settlement agreement with the attorneys general of the 50 states and the District of Columbia, admitting no wrongdoing, that resolved the states’ inquiry, as well as actions brought by the Los Angeles City Attorney and the Santa Clara County (California) Counsel. As part of this agreement, we agreed to pay $141 million and made certain commitments regarding our advertising and marketing practices. We recorded this as a one-time charge in the quarter ended April 30, 2022, and paid the full amount to the fund administrator in the quarter ended January 31, 2023.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The pending proceedings also include a class action lawsuit that was filed in the Ontario (Canada) Superior Court of Justice (Court) on August 25, 2022. On July 24, 2026, the Court granted class certification in the case and we expect to appeal that decision.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On July 10, 2026 and August 17, 2026, two purported shareholder class actions were filed in the United States District Court for the Northern District of California against the Company and certain members of management. The complaints allege violations of Sections 10(b) and 20(a) of the Exchange Act, claiming that defendants made materially false and misleading statements in 2025 and 2026 that impacted the price of the Company’s stock. No lead plaintiff or plaintiff’s counsel has been appointed. We believe that we have strong defenses to these claims and continue to defend our interests.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In view of the complexity and ongoing and uncertain nature of the outstanding proceedings and inquiries, at this time, we are unable to estimate a reasonably possible financial loss or range of financial loss that we may incur to resolve or settle these matters. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">To date, the legal and other fees we have incurred related to these proceedings and inquiries have not been material. The ongoing defense and any resolution or settlement of these proceedings and inquiries could involve significant costs to us. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Intuit is subject to certain routine legal proceedings, including class action lawsuits, as well as demands, claims, government inquiries, and threatened litigation, that arise in the normal course of our business, including assertions that we may be infringing patents or other intellectual property rights of others. Our failure to obtain necessary licenses or other rights, or litigation arising out of intellectual property claims could adversely affect our business. We currently believe that, in addition to any amounts accrued, the amount of potential losses, if any, for any pending claims of any type (either alone or combined) will </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">not have a material impact on our consolidated financial statements. The ultimate outcome of any legal proceeding is uncertain and, regardless of outcome, legal proceedings can have an adverse impact on Intuit because of defense costs, negative publicity, diversion of management resources, and other factors.</span></div> 141000000 <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">14. Segment Information</span></td></tr></table></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We have defined our two reportable segments, described below, based on factors such as how we manage our operations and how our CODM views results. We define the CODM as our Chief Executive Officer and our Chief Financial Officer. Our CODM uses regularly provided segment revenue and segment operating income to assess operating performance by monitoring actual results against prior periods and expected results, and to allocate company resources during our annual planning process and throughout the year.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Effective August 1, 2025, we combined our Consumer, Credit Karma, and ProTax businesses into a single Consumer segment in order to better serve the diverse financial needs of our customers as one consumer platform. Our CODM allocates resources and assesses segment performance using regularly provided segment revenue and segment operating income information under this updated segment structure. To align results under this segment change, certain selling and marketing, product development, and general and administrative expenses for Credit Karma that were managed at the segment level are now managed at the platform level and are included in other corporate expenses rather than in segment expenses. Also on August 1, 2025, we reorganized certain marketing, communications, and customer success functions in our Global Business Solutions segment that support and benefit our overall platform and are managed at that level rather than at the segment level. Additionally, certain data science and analytics teams that were managed at the platform level are now managed at the segment level. We have recast certain previously reported amounts to conform to these segment changes. As a result of these changes, for the twelve months ended July 31, 2025 and 2024, we reclassified expenses totaling $9 million and $16 million from Global Business Solutions and $606 million and $585 million from Consumer to other corporate expenses, respectively, to conform to the current presentation.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Effective August 1, 2026, we began managing Mailchimp as a separate operating segment from Global Business Solutions. Mailchimp will be a separate reportable segment beginning in fiscal 2027.</span></div><div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;border-left:1pt solid #236cff;border-right:1pt solid #236cff;border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">Global Business Solutions</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">:</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%"> </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">This segment serves small and mid-market businesses and accountants around the world. QuickBooks and Intuit Enterprise Suite are offerings powered by our all-in-one business platform which includes financial management services, human capital management solutions such as payroll and time tracking, money solutions such as merchant payment processing, bill pay, checking accounts through an FDIC-member bank partner, and financing for small and mid-market businesses. Intuit Enterprise Suite provides mid-market businesses with a configurable, AI-powered solution that includes multi-entity and multi-dimensional financial management capabilities designed to seamlessly scale and enhance productivity and profitability for more complex businesses to streamline operations. Intuit Accountant Suite is an AI-powered platform that provides accounting firms with everything they need to run and grow their practices while managing and advising their clients. Mailchimp offerings include marketing automation and customer relationship tools.</span></div><div style="margin-top:6pt;padding-left:18pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">Consumer</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">: </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">This segment primarily serves consumers and professional accountants.</span></div><div style="margin-top:6pt;padding-left:18pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Our TurboTax offerings primarily help consumers complete their taxes with confidence and maximize their financial outcomes—whether they do it themselves or with the help of an AI-enabled human expert. TurboTax delivers do-it-yourself and assisted income tax preparation products and services sold in the United States (U.S.) and Canada. We offer a variety of money products directly to consumers, including early refund access to any bank account, as well as Credit Karma Money branded savings and checking accounts through an FDIC-member bank partner. </span></div><div style="margin-top:6pt;padding-left:18pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Credit Karma is a personal finance solution that helps its users find the right financial products and make smarter money decisions throughout the year to reach their financial goals. This includes personalized recommendations for credit card, home, auto, and personal loan, and insurance products; and access to their credit scores and reports, credit and identity monitoring, credit report dispute, credit building tools, debt pay-down assistance, credit card rewards optimization, and connected account capabilities to help users understand net worth and make financial progress.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Finally, our ProTax offerings help professional accountants in the U.S. and Canada, who are essential to both business success and tax preparation and filing. Our professional tax offerings include Lacerte, ProSeries, and ProConnect Tax Online in the U.S., and ProFile and ProTax Online in Canada.</span></div></td></tr></table></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">All of our segments operate primarily in the United States and sell primarily to customers in the United States. Total international net revenue was approximately 8% of consolidated total net revenue in each of the twelve months ended July 31, 2026, 2025, and 2024.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We include expenses such as corporate selling and marketing, general and administrative, and non-employment related legal and litigation settlement costs, which are not allocated to specific segments, in unallocated corporate items as part of other corporate expenses. As part of our platform strategy, we also include customer success and product development for our segments in unallocated corporate items as we do not allocate these expenses to the segments because they are managed at the platform level. Customer success includes the costs of tax and bookkeeping experts that support our TurboTax Expert Assist, TurboTax Expert Full Service, and Intuit Experts offerings. Unallocated corporate items also include share-based compensation, amortization of acquired technology, amortization of other acquired intangible assets, goodwill and intangible asset impairment charges, professional fees and transaction costs related to business combinations, and restructuring charges.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The accounting policies of our reportable segments are the same as those described in the summary of significant accounting policies in Note 1. Except for goodwill and acquired intangible assets, we do not generally track assets by reportable segment and, consequently, we do not disclose total assets by reportable segment. See Note 6, </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">“Goodwill and Acquired Intangible Assets,”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> for goodwill by reportable segment.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table shows our financial results by reportable segment for the periods indicated. </span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Net revenue:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Global Business Solutions</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,864 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,077 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,533 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consumer</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,584 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,754 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,752 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total net revenue</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21,448 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18,831 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,285 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Segment cost of revenue and operating expenses</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:700;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">:</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Global Business Solutions</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,977 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,601 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,360 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consumer</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,276 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,994 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,740 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total segment cost of revenue and operating expenses</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,253 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,595 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,100 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Operating income:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Global Business Solutions</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,887 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,476 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,173 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consumer</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,308 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,760 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,012 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total segment operating income</span></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,195 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,236 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,185 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unallocated corporate items:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based compensation expense</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,056)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,968)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,915)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other corporate expenses</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(7,303)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6,693)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5,788)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amortization of acquired technology</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(174)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(156)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(146)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amortization of other acquired intangible assets</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(485)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(481)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(483)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restructuring charges </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(293)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(15)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(223)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total unallocated corporate items</span></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(10,311)</span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9,313)</span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8,555)</span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total operating income</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,884 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,923 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,630 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:9pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)    </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cost of revenue and operating expenses primarily include direct expenses related to selling and marketing, direct costs associated with our product and service offerings, certain data science and analytics related costs and certain design and product management related costs. They exclude expenses that are recorded within unallocated corporate items, such as certain technology and customer success costs that support and benefit the overall platform and are managed at the corporate level.</span></div><div style="margin-top:3pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)    </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Restructuring charges for the twelve months ended July 31, 2024 include $25 million in share-based compensation expense associated with a restructuring plan. See Note 15, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Restructuring,”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> for more information.</span></div><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Revenue classified by significant service and product offerings was as follows:</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.151%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.554%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.697%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Net revenue:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">QuickBooks Online Accounting</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,051 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,120 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,379 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Online Services</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,867 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,182 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,513 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Online Ecosystem</span></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,918 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,302 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,892 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">QuickBooks Desktop Accounting</span></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,801 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,672 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,575 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Desktop Services and Supplies</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,145 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,103 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,066 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Desktop Ecosystem</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,946 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,775 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,641 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Global Business Solutions</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,864 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,077 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,533 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">TurboTax</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,296 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,933 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,508 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Credit Karma</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,641 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,200 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,645 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">ProTax</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">647 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">621 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">599 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Consumer</span></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,584 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,754 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,752 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total net revenue</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21,448 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18,831 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,285 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 2 -9000000 9000000 -16000000 16000000 606000000 -606000000 -585000000 585000000 0.08 0.08 0.08 <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table shows our financial results by reportable segment for the periods indicated. </span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:66.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.709%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Net revenue:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Global Business Solutions</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,864 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,077 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,533 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consumer</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,584 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,754 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,752 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total net revenue</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21,448 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18,831 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,285 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Segment cost of revenue and operating expenses</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:700;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">:</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Global Business Solutions</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,977 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,601 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,360 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consumer</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,276 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,994 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,740 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total segment cost of revenue and operating expenses</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,253 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,595 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,100 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Operating income:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Global Business Solutions</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,887 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,476 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,173 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consumer</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,308 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,760 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,012 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total segment operating income</span></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,195 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,236 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,185 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unallocated corporate items:</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Share-based compensation expense</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,056)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,968)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,915)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other corporate expenses</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(7,303)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6,693)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5,788)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amortization of acquired technology</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(174)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(156)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(146)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amortization of other acquired intangible assets</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(485)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(481)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(483)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restructuring charges </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(293)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(15)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(223)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total unallocated corporate items</span></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(10,311)</span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9,313)</span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8,555)</span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total operating income</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,884 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,923 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,630 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:9pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)    </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cost of revenue and operating expenses primarily include direct expenses related to selling and marketing, direct costs associated with our product and service offerings, certain data science and analytics related costs and certain design and product management related costs. They exclude expenses that are recorded within unallocated corporate items, such as certain technology and customer success costs that support and benefit the overall platform and are managed at the corporate level.</span></div><div style="margin-top:3pt;padding-left:31.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)    </span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Restructuring charges for the twelve months ended July 31, 2024 include $25 million in share-based compensation expense associated with a restructuring plan. See Note 15, “</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Restructuring,”</span><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> for more information.</span></div> 12864000000 11077000000 9533000000 8584000000 7754000000 6752000000 21448000000 18831000000 16285000000 2977000000 2601000000 2360000000 2276000000 1994000000 1740000000 5253000000 4595000000 4100000000 9887000000 8476000000 7173000000 6308000000 5760000000 5012000000 16195000000 14236000000 12185000000 2056000000 1968000000 1915000000 7303000000 6693000000 5788000000 174000000 156000000 146000000 485000000 481000000 483000000 293000000 15000000 223000000 10311000000 9313000000 8555000000 5884000000 4923000000 3630000000 -25000000 <div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Revenue classified by significant service and product offerings was as follows:</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.151%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.554%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.695%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.408%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.697%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"></td><td colspan="15" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Twelve Months Ended July 31,</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Net revenue:</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">QuickBooks Online Accounting</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,051 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,120 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,379 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Online Services</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,867 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,182 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,513 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Online Ecosystem</span></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,918 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,302 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,892 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">QuickBooks Desktop Accounting</span></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,801 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,672 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,575 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Desktop Services and Supplies</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,145 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,103 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,066 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Desktop Ecosystem</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,946 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,775 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,641 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Global Business Solutions</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,864 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,077 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,533 </span></td><td style="border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">TurboTax</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,296 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,933 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,508 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Credit Karma</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,641 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,200 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,645 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">ProTax</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">647 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">621 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">599 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Consumer</span></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,584 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,754 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,752 </span></td><td style="border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total net revenue</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21,448 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18,831 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,285 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 5051000000 4120000000 3379000000 4867000000 4182000000 3513000000 9918000000 8302000000 6892000000 1801000000 1672000000 1575000000 1145000000 1103000000 1066000000 2946000000 2775000000 2641000000 12864000000 11077000000 9533000000 5296000000 4933000000 4508000000 2641000000 2200000000 1645000000 647000000 621000000 599000000 8584000000 7754000000 6752000000 21448000000 18831000000 16285000000 <div style="margin-top:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:13pt;font-weight:700;line-height:100%">15. Restructuring</span></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Restructuring expenses in our consolidated statements of operations consist of severance and employee benefits and certain other exit costs from management-approved restructuring plans that were developed for strategic purposes, as further described below. The liability for restructuring charges is included in accrued compensation and related liabilities in the accompanying consolidated balance sheets.</span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">2026 Restructuring Plan</span></div></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In May 2026, our management approved and initiated a plan of reorganization (the 2026 Plan) to simplify the company’s organizational structure and become a faster, leaner, more focused company. As part of the 2026 Plan, we are reducing our full-time workforce and are closing certain sites in service to growing technology teams and capabilities in strategic locations. We expect the actions associated with the 2026 Plan to be substantially complete by the first quarter of fiscal 2027. Total restructuring costs associated with the 2026 Plan are estimated to be approximately $315 million. During the twelve months ended July 31, 2026, we recorded a $293 million charge in connection with the 2026 Plan. This charge was primarily related to severance and employee benefits and was recorded to restructuring in our consolidated statements of operations. Actual costs may vary from the estimates provided above.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes the activity for the 2026 Plan by segment.</span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:21.999%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.992%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.848%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accrued</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2025</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Initial Costs</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Cash Payments</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Cash Items</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accrued</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2026</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total Costs Incurred to Date</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total Expected Plan Cost</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Global Business Solutions</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">51 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">51 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">52 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consumer</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">28 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">28 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">34 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Corporate</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">214 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">200 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">214 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">229 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Totals</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">293 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12)</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">277 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">293 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">315 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:1pt dotted #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:9pt"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:100%">2024 Restructuring Plan</span></div></td></tr></table></div><div style="margin-top:4pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In July 2024, our management approved and initiated a plan of reorganization (the 2024 Plan) focused on reallocating resources to our key growth areas. The 2024 Plan included the exit of employees and the closing of real estate sites in certain markets to support growing technology teams and capabilities in strategic locations. The actions associated with the 2024 Plan were substantially complete in the first quarter of fiscal 2025. Total restructuring costs associated with the 2024 Plan were $238 million. During the twelve months ended July 31, 2025 and 2024, we recorded charges in connection with the 2024 Plan of $15 million and $223 million, respectively. These charges are primarily related to severance and employee benefits and were recorded to restructuring in our consolidated statements of operations. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following tables summarize the activity for the 2024 Plan by segment.</span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:46.414%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.280%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.847%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accrued</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2025</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Additional Costs/Adjustments</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Cash Payments</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Cash Items</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accrued</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2026</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Global Business Solutions</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consumer</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Corporate</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Totals</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3)</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:6pt"><span><br/></span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.280%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accrued</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2023</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Initial Costs</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Cash Items</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accrued</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2024</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Additional Costs/Adjustments</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Cash Payments</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Cash Items</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accrued</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2025</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Global Business Solutions</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">84 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(86)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consumer</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Corporate</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">116 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(24)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">92 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(97)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Totals</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">223 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(36)</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">187 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(194)</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 315000000 293000000 <div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table summarizes the activity for the 2026 Plan by segment.</span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:21.999%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.992%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.848%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accrued</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2025</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Initial Costs</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Cash Payments</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Cash Items</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accrued</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2026</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total Costs Incurred to Date</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total Expected Plan Cost</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Global Business Solutions</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">51 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">51 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">52 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consumer</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">28 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">28 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">34 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Corporate</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">214 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">200 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">214 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">229 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Totals</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">293 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12)</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">277 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">293 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">315 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following tables summarize the activity for the 2024 Plan by segment.</span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:46.414%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.280%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.847%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accrued</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2025</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Additional Costs/Adjustments</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Cash Payments</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Cash Items</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accrued</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2026</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Global Business Solutions</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consumer</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Corporate</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Totals</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3)</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:6pt"><span><br/></span></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:13.519%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.280%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.841%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.850%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accrued</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2023</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Initial Costs</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Cash Items</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accrued</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2024</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Additional Costs/Adjustments</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Cash Payments</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Cash Items</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accrued</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">July 31, 2025</span></div></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Global Business Solutions</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">84 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(86)</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3 </span></td><td style="border-top:1pt solid #236cff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consumer</span></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Corporate</span></div></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">116 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(24)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">92 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(97)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Totals</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">223 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(36)</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">187 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(194)</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 0 51000000 1000000 0 50000000 51000000 52000000 0 28000000 1000000 0 27000000 28000000 34000000 0 214000000 2000000 12000000 200000000 214000000 229000000 0 293000000 4000000 12000000 277000000 293000000 315000000 238000000 15000000 223000000 3000000 0 3000000 0 0 0 0 0 0 0 0 0 0 0 0 3000000 0 3000000 0 0 0 96000000 12000000 84000000 5000000 86000000 0 3000000 0 11000000 0 11000000 0 11000000 0 0 0 116000000 24000000 92000000 10000000 97000000 5000000 0 0 223000000 36000000 187000000 15000000 194000000 5000000 3000000 <div style="margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:54.700%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.738%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="background-color:#00254a;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-weight:700;line-height:100%">INTUIT INC.</span></div><div><span style="color:#ffffff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:11pt;font-weight:400;line-height:100%">SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS</span></div></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(In millions)</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Beginning<br/>Balance</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Additions<br/>Charged to<br/>Expense/<br/>Revenue</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Deductions</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Ending<br/>Balance</span></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended July 31, 2026</span></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #236cff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Allowance for doubtful accounts</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">59 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(59)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reserve for returns, credits, and promotional discounts</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">384 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(369)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#236cff;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">54 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended July 31, 2025</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Allowance for doubtful accounts</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(50)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reserve for returns, credits, and promotional discounts</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">40 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">334 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(335)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended July 31, 2024</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Allowance for doubtful accounts</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">61 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(63)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reserve for returns, credits, and promotional discounts</span></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">32 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">302 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(294)</span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">40 </span></td><td style="padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td></tr></table></div> 5000000 59000000 59000000 5000000 39000000 384000000 369000000 54000000 5000000 50000000 50000000 5000000 40000000 334000000 335000000 39000000 7000000 61000000 63000000 5000000 32000000 302000000 294000000 40000000 false false false false true