XML 55 R32.htm IDEA: XBRL DOCUMENT
v3.20.2

Long-Term Obligations and Commitments (Tables) | 12 Months Ended
--- | ---
Jul. 31, 2020
Long-Term Obligations and Commitments [Abstract] |
Carrying Value of Senior Unsecured Debt | The carrying value of the Notes was as follows at the date indicated:
| July 31, |  | Effective
(In millions) | 2020 |  | Interest Rate
Senior unsecured notes issued June 2020: |  |  |
0.650% notes due July 2023 | $ | 500 |  |  | 0.837%
0.950% notes due July 2025 | 500 |  |  | 1.127%
1.350% notes due July 2027 | 500 |  |  | 1.486%
1.650% notes due July 2030 | 500 |  |  | 1.767%
Total senior unsecured notes | 2,000 |  |  |
Unamortized discount and debt issuance costs | (17 | ) |  |
Net carrying value senior unsecured notes | $ | 1,983 |  |  |
Future Principal Payments for Long-Term Debt | Future principal payments for long-term debt at July 31, 2020 were as shown in the table below.
(In millions) |
Fiscal year ending July 31, |
2021 | $ | — |
2022 | — |
2023 | 548 |
2024 | — |
2025 | 500 |
Thereafter | 1,000 |
Total commitments | $ | 2,048 |
Other long-term obligations | Other long-term obligations were as follows at the dates indicated:
| July 31,
(In millions) | 2020 |  | 2019
Long-term income tax liabilities | $ | 10 |  |  | $ | 89 |
Total deferred rent | — |  |  | 47 |
Total dividend payable | 12 |  |  | 11 |
Other | 30 |  |  | 12 |
Total long-term obligations | 52 |  |  | 159 |
Less current portion (included in other current liabilities) | (10 | ) |  | (14 | )
Long-term obligations due after one year | $ | 42 |  |  | $ | 145 |
Annual minimum commitments under purchase obligations and operating leases | Annual minimum commitments under purchase obligations at July 31, 2020 were as shown in the table below.
(In millions) | Purchase Obligations
Fiscal year ending July 31, |
2021 | $ | 135 |
2022 | 49 |
2023 | 19 |
2024 | — |
2025 | — |
Thereafter | — |
Total commitments | $ | 203 |

X
- Definition Long-Term Obligations and Commitments. + References No definition available. + Details
Name: | intu_LongTermObligationsAndCommitmentsAbstract
Namespace Prefix: | intu_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Other long-term obligations. + References No definition available. + Details
Name: | intu_OtherLongTermObligationsTableTextBlock
Namespace Prefix: | intu_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph (a) -Subparagraph (5) + Details
Name: | srt_ContractualObligationFiscalYearMaturityScheduleTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration