v3.26.1
Financing Receivables (Tables)
 12 Months Ended
Jul. 31, 2026
Receivables [Abstract]  
Schedule of Short and Long-term Financing Receivables
The following table summarizes our short-term and long-term financing receivables (in millions):
July 31,
20262025
Short-term financing receivables, gross
$671 $806 
Unearned income
(74)(86)
Allowance for credit losses
(5)(5)
Short-term financing receivables, net
$592 $715 
Long-term financing receivables, gross
$1,013 $1,079 
Unearned income
(61)(69)
Allowance for credit losses
(8)(8)
Long-term financing receivables, net
$944 $1,002 
Schedule of Financing Receivable Credit Quality Indicators
The following table presents amortized cost basis of our financing receivables categorized by internal risk rating and year of origination (in millions):
Internal Risk Rating(1)
July 31, 2026July 31, 2025
Fiscal Years Ended July 31,Fiscal Years Ended July 31,
20262025202420232022Total20252024202320222021Total
1 to 4$411 $208 $438 $102 $5 $1,164 $261 $732 $242 $9 $18 $1,262 
5 to 6156 92 85 9 — 342 174 226 50 — — 450 
7 to 10— 32 10 1 — 43 — 4 14 — — 18 
Amortized cost basis of financing receivables$567 $332 $533 $112 $5 $1,549 $435 $962 $306 $9 $18 $1,730 
(1)Internal risk ratings are categorized as 1 through 10, with the lowest rating representing the highest quality.