XML 44 R24.htm IDEA: XBRL DOCUMENT v3.20.2
Long-Term Obligations and Commitments (Tables)
 3 Months Ended
Oct. 31, 2020
Debt Disclosure [Abstract]  
Senior unsecured notes
The carrying value of the Notes was as follows at the dates indicated:

(In millions)October 31, 2020July 31,
2020		Effective
Interest Rate
Senior unsecured notes issued June 2020:
0.650% notes due July 2023
$500 $500 0.837%
0.950% notes due July 2025
500 500 1.127%
1.350% notes due July 2027
500 500 1.486%
1.650% notes due July 2030
500 500 1.767%
Total senior unsecured notes2,000 2,000 
Unamortized discount and debt issuance costs(16)(17)
Net carrying value senior unsecured notes$1,984 $1,983 
Other long-term obligations
Other long-term obligations were as follows at the dates indicated:
(In millions)October 31, 2020July 31,
2020
Long-term income tax liabilities$23 $10 
Total dividend payable11 12 
Long-term deferred revenue9 13 
Other13 19 
Total long-term obligations56 54 
Less current portion (included in other current liabilities)(6)(10)
Long-term obligations due after one year$50 $44