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Cash and Cash Equivalents, Investments, and Funds Receivable and Amounts Held for Customers (Tables) | 3 Months Ended
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Oct. 31, 2023
Cash And Cash Equivalents, Investments And Funds Held For Customers [Abstract] |
Cash and cash equivalents, investments and funds held for customers by balance sheet classification | The following table summarizes our cash and cash equivalents, investments, and funds receivable and amounts held for customers by balance sheet classification at the dates indicated.
| October 31, 2023 |  | July 31, 2023
(In millions) | Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
Classification on condensed consolidated balance sheets: |  |  |  |  |  |  |
Cash and cash equivalents | $ | 1,734 |  |  | $ | 1,734 |  |  | $ | 2,848 |  |  | $ | 2,848 |
Investments | 541 |  |  | 537 |  |  | 819 |  |  | 814 |
Funds receivable and amounts held for customers | 2,529 |  |  | 2,525 |  |  | 424 |  |  | 420 |
Total cash and cash equivalents, investments, and funds receivable and amounts held for customers | $ | 4,804 |  |  | $ | 4,796 |  |  | $ | 4,091 |  |  | $ | 4,082 |
Cash and cash equivalents, investments and funds held for customers by investment category | The following table summarizes our cash and cash equivalents, investments, and relevant portion of funds receivable and amounts held for customers by investment category at the dates indicated. As of October 31, 2023 and July 31, 2023, this excludes $281 million and $216 million, respectively, of funds receivable included on our condensed consolidated balance sheets in funds receivable and amounts held for customers not measured and recorded at fair value.
| October 31, 2023 |  | July 31, 2023
(In millions) | Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
Type of issue: |  |  |  |  |  |  |
Total cash, cash equivalents, restricted cash, and restricted cash equivalents | $ | 3,797 |  |  | $ | 3,797 |  |  | $ | 2,852 |  |  | $ | 2,852 |
Available-for-sale debt securities: |  |  |  |  |  |  |
Corporate notes | 552 |  |  | 547 |  |  | 811 |  |  | 805 |
U.S. agency securities | 174 |  |  | 171 |  |  | 212 |  |  | 209 |
Total available-for-sale debt securities | 726 |  |  | 718 |  |  | 1,023 |  |  | 1,014 |
Total cash, cash equivalents, restricted cash, restricted cash equivalents, and investments | $ | 4,523 |  |  | $ | 4,515 |  |  | $ | 3,875 |  |  | $ | 3,866 |
Available-for-sale debt securities classified by the stated maturity date of the security | The following table summarizes our available-for-sale debt securities, included in investments and relevant portion of funds receivable and amounts held for customers, classified by the stated maturity date of the security at the dates indicated.
| October 31, 2023 |  | July 31, 2023
(In millions) | Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
Due within one year | $ | 474 |  |  | $ | 471 |  |  | $ | 735 |  |  | $ | 730 |
Due within two years | 144 |  |  | 142 |  |  | 147 |  |  | 144 |
Due within three years | 108 |  |  | 105 |  |  | 141 |  |  | 140 |
Due after three years | — |  |  | — |  |  | — |  |  | — |
Total available-for-sale debt securities | $ | 726 |  |  | $ | 718 |  |  | $ | 1,023 |  |  | $ | 1,014 |
Schedule of funds held for customers | The following table summarizes our funds receivable and amounts held for customers by asset category at the dates indicated.
(In millions) | October 31, 2023 |  | July 31, 2023 |
Restricted cash and restricted cash equivalents | $ | 2,063 |  |  | $ | 4 |  |
Restricted available-for-sale debt securities and funds receivable | 462 |  |  | 416 |  |
Total funds receivable and amounts held for customers | $ | 2,525 |  |  | $ | 420 |  |
(In millions) | October 31, 2022 |  | July 31, 2022 |
Restricted cash and restricted cash equivalents | $ | 15 |  |  | $ | 201 |  |
Restricted available-for-sale debt securities and funds receivable | 453 |  |  | 230 |  |
Total funds receivable and amounts held for customers | $ | 468 |  |  | $ | 431 |  |

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