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PROPERTY AND EQUIPMENT, NET
 12 Months Ended
Jul. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET
NOTE 5—PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following:
(in millions)Original
Estimated
Useful Lives		20212020
Land $138 $143 
Buildings and improvements
10 - 40 years
1,020 971 
Leasehold improvements
10 - 20 years
177 206 
Equipment
3 - 25 years
980 878 
Motor vehicles
5 - 8 years
70 74 
Finance lease assets
1 - 11 years
144 161 
Construction in progress 209 79 
Property and equipment 2,738 2,512 
Less accumulated depreciation and amortization 954 811 
Property and equipment, net $1,784 $1,701 

The Company capitalized $3 million, $5 million, and $3 million of interest during fiscal 2021, 2020 and 2019, respectively.
Depreciation and amortization expense on property and equipment was $209 million, $198 million and $180 million for fiscal 2021, 2020 and 2019, respectively.