XML 48 R27.htm IDEA: XBRL DOCUMENT v3.20.4
Long-Term Obligations and Commitments (Tables)
 6 Months Ended
Jan. 31, 2021
Debt Disclosure [Abstract]  
Senior unsecured notes
The carrying value of the Notes was as follows at the dates indicated:

(In millions)January 31, 2021July 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(15)(17)
Net carrying value senior unsecured notes$1,985 $1,983 
Other long-term obligations
Other long-term obligations were as follows at the dates indicated:
(In millions)January 31, 2021July 31,
2020
Long-term income tax liabilities$26 $10 
Total dividend payable11 12 
Long-term deferred revenue7 13 
Other11 17 
Total long-term obligations55 52 
Less current portion (included in other current liabilities)(6)(10)
Long-term obligations due after one year$49 $42