XML 44 R29.htm IDEA: XBRL DOCUMENT v3.25.4
Leases (Tables)
 6 Months Ended
Jan. 31, 2026
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense were as follows:
Three Months EndedSix Months Ended
(In millions)January 31,
2026		January 31,
2025		January 31,
2026		January 31,
2025
Operating lease cost (1)
$34 $25 $65 $54 
Variable lease cost6 5 12 10 
Sublease income(2)(3)(4)(6)
Total net lease cost$38 $27 $73 $58 
(1)Includes short-term leases, which were not material for the three and six months ended January 31, 2026 and 2025.
Supplemental cash flow information related to operating leases was as follows:
Six Months Ended
(In millions)January 31,
2026		January 31,
2025
Cash paid for amounts included in the measurement of operating lease liabilities$55 $57 
Right-of-use assets obtained in exchange for operating lease liabilities$102 $151 
Other information related to operating leases was as follows at the dates indicated:
January 31,
2026		July 31,
2025
Weighted-average remaining lease term for operating leases7.7 years8.1 years
Weighted-average discount rate for operating leases4.3 %3.8 %
Supplemental balance sheet information related to operating leases was as follows at the dates indicated:
(In millions)January 31,
2026		July 31,
2025
Operating lease right-of-use assets$593 $541 
Other current liabilities$82 $69 
Operating lease liabilities646 597 
Total operating lease liabilities$728 $666 
Schedule of Future Payments
Future minimum lease payments under noncancellable operating leases as of January 31, 2026 were as follows:
(In millions)
Operating
Leases (1)
Fiscal year ending July 31, 
2026 (excluding the six months ended January 31, 2026)$44 
2027119 
2028110 
2029114 
2030112 
Thereafter373 
Total future minimum lease payments872 
Less imputed interest(144)
Present value of lease liabilities$728 
(1)Noncancellable future sublease proceeds as of January 31, 2026 totaled $19 million through July 31, 2030 and $1 million thereafter, and are not included in the table above.