v3.26.1
Stockholders' Equity
 12 Months Ended
Jul. 31, 2026
Equity [Abstract]  
Stockholders’ Equity Stockholders’ Equity
Share Repurchase Program
In February 2019, our board of directors authorized a $1.0 billion share repurchase program, which is funded from available working capital. Our board of directors subsequently authorized additional increases to this share repurchase program, bringing the total authorization under this share repurchase program to $5.1 billion (our “current authorization”). The expiration date of our current authorization was extended to December 31, 2026, and our repurchase program may be suspended or discontinued at any time. Repurchases are to be made at management’s discretion from time to time on the open market, through privately negotiated transactions, transactions structured through investment banking institutions, block purchase techniques, 10b5-1 trading plans, or a combination of the foregoing.
The following table summarizes the share repurchase activity under our share repurchase program (in millions, except per share amounts):
Year Ended July 31,
202620252024
Number of shares repurchased7 — 4 
Weighted-average price per share (1)
$147.70 $— $142.00 
Aggregate purchase price (1)
$1,000 $— $567 
(1)Includes transaction costs
As of July 31, 2026, $1.0 billion remained available for future share repurchases under our current repurchase authorization. The total price of the shares repurchased and related transaction costs are reflected as a reduction to common stock and additional paid-in capital on our consolidated balance sheets.