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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Cash flows from operating activities:    
Net income $ 1,682 $ 1,381
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 122 145
Amortization of acquired intangible assets 128 23
Non-cash operating lease cost 45 46
Share-based compensation expense 509 321
Deferred income taxes 69 (102)
Other (49) 22
Total adjustments 824 455
Originations of loans held for sale (41) 0
Sale and principal payments of loans held for sale 144 0
Changes in operating assets and liabilities:    
Accounts receivable (267) (132)
Income taxes receivable 68 58
Prepaid expenses and other assets (7) (55)
Accounts payable 194 111
Accrued compensation and related liabilities (122) (32)
Deferred revenue (13) 15
Income taxes payable 206 322
Operating lease liabilities (45) (42)
Other liabilities 85 46
Total changes in operating assets and liabilities 99 291
Net cash provided by operating activities 2,708 2,127
Cash flows from investing activities:    
Purchases of corporate and customer fund investments (904) (487)
Sales of corporate and customer fund investments 152 105
Maturities of corporate and customer fund investments 401 408
Purchases of property and equipment (101) (107)
Acquisitions of businesses, net of cash acquired (3,064) 0
Originations of term loans to small businesses (135) (240)
Principal repayments of term loans from small businesses 86 229
Other 37 (19)
Net cash used in investing activities (3,528) (111)
Cash flows from financing activities:    
Repayments on borrowings under unsecured revolving credit facility (1,000) 0
Repayment of debt (338) (38)
Proceeds from issuance of stock under employee stock plans 137 160
Payments for employee taxes withheld upon vesting of restricted stock units (245) (128)
Cash paid for purchases of treasury stock (542) (323)
Dividends and dividend rights paid (482) (419)
Net change in customer fund deposits (107) (47)
Other (2) (1)
Net cash used in financing activities (2,579) (796)
Effect of exchange rates on cash, cash equivalents, restricted cash, and restricted cash equivalents 14 (12)
Net increase (decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents (3,385) 1,208
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period 6,697 2,352
Cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period 3,312 3,560
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Total cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period 3,312 3,560
Supplemental schedule of non-cash investing activities:    
Issuance of stock in business combination $ 3,798 $ 0