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Other Liabilities and Commitments
 6 Months Ended
Jan. 31, 2026
Other Liabilities Disclosure [Abstract]  
Other Liabilities and Commitments
7. Other Liabilities and Commitments
Other Current Liabilities
Other current liabilities were as follows at the dates indicated:
(In millions)January 31,
2026		July 31,
2025
Executive deferred compensation plan liabilities$296 $248 
Interest payable86 85 
Current portion of operating lease liabilities82 69 
Sales, property, and other taxes79 55 
Reserve for returns, credits, and promotional discounts72 39 
Amounts due for share repurchases
30 14 
Other165 112 
Total other current liabilities$810 $622 
The balances of several of our other current liabilities, particularly our reserves for returns, credits, and promotional discounts, are affected by the seasonality of our business. See Note 1, “Description of Business and Summary of Significant Accounting Policies – Seasonality,” for more information.
Other Long-Term Obligations
Other long-term obligations were as follows at the dates indicated:
(In millions)January 31,
2026		July 31,
2025
Income tax liabilities$259 $238 
Other67 70 
Total other long-term obligations$326 $308 
Unconditional Purchase Obligations
We describe our unconditional purchase obligations in Note 8 to the financial statements in Part II, Item 8 of our Annual Report on Form 10-K for the fiscal year ended July 31, 2025. There were no significant changes outside the ordinary course of business in our purchase obligations during the six months ended January 31, 2026.