v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Jul. 31, 2024
Cash flows from operating activities      
Net income $ 307 $ 1,134 $ 2,578
Adjustments to reconcile net income to net cash provided by operating activities:      
Share-based compensation for equity-based awards 1,774 1,295 1,076
Deferred income taxes (19) (350) (2,034)
Depreciation and amortization 855 343 284
Amortization of deferred contract costs 590 481 446
Amortization of debt issuance costs 0 1 3
Change in fair value of convertible senior notes and capped calls 562 0 0
Change in fair value of contingent consideration liability (117) (135) 0
Reduction of operating lease right-of-use assets 75 65 56
Amortization of investment premiums, net of accretion of purchase discounts (54) (41) (60)
Unrealized foreign currency exchange (gains) losses, net 1 0 0
Changes in operating assets and liabilities, net of effects of acquisitions:      
Accounts receivable, net (335) (345) (155)
Financing receivables, net 181 191 (866)
Deferred contract costs (795) (555) (490)
Prepaid expenses and other assets (139) 88 (134)
Accounts payable 43 107 (15)
Accrued compensation 327 51 4
Accrued and other liabilities 95 147 385
Deferred revenue 1,202 1,239 2,180
Net cash provided by operating activities 4,553 3,716 3,258
Cash flows from investing activities      
Purchases of investments (3,694) (3,696) (3,551)
Proceeds from sales of investments 3,489 1,197 956
Proceeds from maturities of investments 2,204 1,595 1,853
Business acquisitions, net of cash and restricted cash acquired (4,663) (1,054) (611)
Purchases of property, equipment, and other assets (440) (247) (157)
Net cash used in investing activities (3,104) (2,205) (1,510)
Cash flows from financing activities      
Repayments and settlement of conversions of convertible senior notes (160) (966) (1,033)
Proceeds from capped calls related to convertible senior notes 10 0 0
Repurchases of common stock (1,000) 0 (567)
Proceeds from sales of shares through employee equity incentive plans 265 371 283
Payments for taxes related to net share settlement of equity awards (126) (184) (26)
Payments of contingent consideration liability (191) 0 0
Net cash used in financing activities (1,202) (779) (1,343)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (3) 0 0
Net increase in cash, cash equivalents, and restricted cash 244 732 405
Cash, cash equivalents, and restricted cash—beginning of period 2,279 1,547 1,142
Cash, cash equivalents, and restricted cash—end of period 2,523 2,279 1,547
Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets      
Cash and cash equivalents 2,514 2,269 1,535
Restricted cash included in prepaid expenses and other current assets 5 10 12
Restricted cash included in other assets 4 0 0
Total cash, cash equivalents, and restricted cash 2,523 2,279 1,547
Non-cash investing and financing activities      
Equity consideration for business acquisitions (18,862) (27) (27)
Contingent consideration for a business acquisition 0 (649) 0
Supplemental disclosures of cash flow information      
Cash paid for income taxes 199 505 342
Cash paid for contractual interest $ 0 $ 2 $ 6