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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Cash flows from operating activities:    
Net income $ 241 $ 40
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation 33 47
Amortization of acquired intangible assets 158 162
Non-cash operating lease cost 22 23
Share-based compensation expense 495 422
Deferred income taxes (126) (28)
Other 28 11
Total adjustments 610 637
Originations of loans held for sale (44) 0
Sale and principal payments of loans held for sale 35 0
Changes in operating assets and liabilities:    
Accounts receivable 33 62
Income taxes receivable 12 6
Prepaid expenses and other assets (33) (35)
Accounts payable (5) (71)
Accrued compensation and related liabilities (232) (175)
Deferred revenue (159) (111)
Income taxes payable (565) (1)
Operating lease liabilities (20) (18)
Other liabilities 30 (6)
Total changes in operating assets and liabilities (939) (349)
Net cash provided by (used in) operating activities (97) 328 Close
Cash flows from investing activities:    
Purchases of corporate and customer fund investments (92) (256)
Sales of corporate and customer fund investments 94 44
Maturities of corporate and customer fund investments 301 90
Purchases of property and equipment (84) (77)
Originations and purchases of loans (377) (314)
Principal repayments of loans 358 244
Other 10 13
Net cash provided by (used in) investing activities 210 (256) Close
Cash flows from financing activities:    
Proceeds from issuance of long-term debt, net of discount and issuance costs 3,956 0
Repayment of debt (4,200) 0
Proceeds from borrowings under secured revolving credit facilities 0 70
Proceeds from issuance of stock under employee stock plans 92 60
Payments for employee taxes withheld upon vesting of restricted stock units (212) (125)
Cash paid for purchases of treasury stock (584) (510)
Dividends and dividend rights paid (260) (222)
Net change in funds receivable and funds payable and amounts due to customers 2,040 (186)
Other 17 0
Net cash provided by (used in) financing activities 849 (913) Close
Effect of exchange rates on cash, cash equivalents, restricted cash, and restricted cash equivalents (17) (16) Close
Net increase (decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents 945 (857) Close
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period 2,852 2,997
Cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period 3,797 2,140
Reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents reported within the condensed consolidated balance sheets to the total amounts reported on the condensed consolidated statements of cash flows    
Cash and cash equivalents 1,734 2,125
Restricted cash and restricted cash equivalents included in funds receivable and amounts held for customers 2,063 15
Total cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period $ 3,797 $ 2,140