XML 42 R15.htm IDEA: XBRL DOCUMENT
v3.25.2

Goodwill and Acquired Intangible Assets | 12 Months Ended
--- | ---
Jul. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Acquired Intangible Assets |
6. Goodwill and Acquired Intangible Assets
Goodwill
Changes in the carrying value of goodwill by reportable segment during the twelve months ended July 31, 2025 and July 31, 2024 were as shown in the following table. Our reportable segments are described in Note 14, “Segment Information.”
(In millions) | Balance July 31, 2023 |  | Goodwill Acquired/ Adjusted |  | Foreign Currency Translation |  | Balance July 31, 2024 |  | Goodwill Acquired/ Adjusted |  | Foreign Currency Translation |  | Balance July 31, 2025
Global Business Solutions | $ | 9,691 |  |  | $ | — |  |  | $ | (1) |  |  | $ | 9,690 |  |  | $ | 134 |  |  | $ | 1 |  |  | $ | 9,825 |
Consumer | 51 |  |  | — |  |  | — |  |  | 51 |  |  | — |  |  | — |  |  | 51 |
Credit Karma | 3,941 |  |  | 65 |  |  | — |  |  | 4,006 |  |  | — |  |  | 1 |  |  | 4,007 |
ProTax | 97 |  |  | — |  |  | — |  |  | 97 |  |  | — |  |  | — |  |  | 97 |
Totals | $ | 13,780 |  |  | $ | 65 |  |  | $ | (1) |  |  | $ | 13,844 |  |  | $ | 134 |  |  | $ | 2 |  |  | $ | 13,980 |
Goodwill is net of accumulated impairment losses of $114 million, which were recorded prior to July 31, 2023 and are included in our Consumer segment. The increases in goodwill during the twelve months ended July 31, 2025 and July 31, 2024 were primarily due to acquisitions.
Acquired Intangible Assets
The following table shows the cost, accumulated amortization, and weighted-average life in years for our acquired intangible assets at the dates indicated. The weighted-average lives are calculated for assets that are not fully amortized.
(Dollars in millions) | Customer and User Relationships |  | Purchased Technology |  | Trade Names and Logos |  |  |  | Total
At July 31, 2025: |  |  |  |  |  |  |  |  |
Cost | $ | 6,198 |  |  | $ | 1,765 |  |  | $ | 680 |  |  |  |  | $ | 8,643 |
Accumulated amortization | (2,034) |  |  | (1,061) |  |  | (246) |  |  |  |  | (3,341) |
Acquired intangible assets, net | $ | 4,164 |  |  | $ | 704 |  |  | $ | 434 |  |  |  |  | $ | 5,302 |
Weighted-average life in years | 14 |  | 8 |  | 13 |  |  |  | 13
At July 31, 2024: |  |  |  |  |  |  |  |  |
Cost | $ | 6,196 |  |  | $ | 1,648 |  |  | $ | 680 |  |  |  |  | $ | 8,524 |
Accumulated amortization | (1,605) |  |  | (905) |  |  | (194) |  |  |  |  | (2,704) |
Acquired intangible assets, net | $ | 4,591 |  |  | $ | 743 |  |  | $ | 486 |  |  |  |  | $ | 5,820 |
Weighted-average life in years | 14 |  | 8 |  | 13 |  |  |  | 13
The following table shows the expected future amortization expense for our acquired intangible assets at July 31, 2025. Amortization of purchased technology is generally charged to amortization of acquired technology in our consolidated statements of operations. Amortization of other acquired intangible assets, such as customer and user relationships, is charged to amortization of other acquired intangible assets in our consolidated statements of operations. If impairment events occur, they could accelerate the timing of acquired intangible asset charges.
(In millions) | Expected Future Amortization Expense
Fiscal year ending July 31, |
2026 | $ | 660 |
2027 | 633 |
2028 | 613 |
2029 | 593 |
2030 | 590 |
Thereafter | 2,213 |
Total expected future amortization expense | $ | 5,302 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration