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Leases (Tables)
 12 Months Ended
Jul. 31, 2023
Leases [Abstract]  
Components of lease expense
The components of lease expense were as follows:
Twelve Months Ended July 31,
(In millions)202320222021
Operating lease cost (1)
$124 $105 $75 
Variable lease cost20 15 11 
Sublease income(12)(17)(16)
Total net lease cost$132 $103 $70 
(1)    Includes short-term leases, which were not material for the twelve months ended July 31, 2023, 2022 or 2021.
Supplemental cash flow information related to operating leases was as follows:
Twelve Months Ended July 31,
(In millions)202320222021
Cash paid for amounts included in the measurement of operating lease liabilities$107 $104 $76 
Right-of-use assets obtained in exchange for operating lease liabilities$28 $238 $60 
Other information related to operating leases was as follows at the dates indicated:
July 31,
202320222021
Weighted-average remaining lease term for operating leases7.9 years8.1 years6.8 years
Weighted-average discount rate for operating leases3 %2.9 %2.3 %
Supplemental balance sheet information related to operating leases was as follows at the dates indicated:
July 31,
(In millions)20232022
Operating lease right-of-use assets$469 $549 
Other current liabilities$89 $84 
Operating lease liabilities480 542 
Total operating lease liabilities$569 $626 
Future minimum lease payments
Future minimum lease payments under non-cancellable operating leases as of July 31, 2023 were as follows:
(In millions)
Operating
Leases (1)
Fiscal year ending July 31, 
2024$76 
202595 
202678 
202770 
202860 
Thereafter281 
Total future minimum lease payments660 
Less imputed interest(91)
Present value of lease liabilities$569 
(1)    Non-cancellable sublease proceeds for the fiscal years ending July 31, 2024, 2025, 2026, 2027, 2028, and thereafter of $11 million, $6 million, $1 million, $1 million, $1 million, and $2 million, respectively, are not included in the table above.