
	October 31, 2023		July 31, 2023		October 31, 2022
Land and land improvements	$	790,550	$	796,730	$	780,977
Buildings and building improvements	1,626,566		1,643,517		1,574,931
Machinery and equipment	1,781,980		1,792,378		1,594,588
Furniture and fixtures	302,646		298,725		316,350
Software	151,809		152,033		139,522
Vehicles	86,173		87,298		82,239
Construction in progress	185,229		134,113		221,990
Gross property, plant and equipment	4,924,953		4,904,794		4,710,597
Accumulated depreciation	(2,580,352)		(2,533,237)		(2,397,536)
Property, plant and equipment, net	$	2,344,601	$	2,371,557	$	2,313,061


	October 31, 2023		July 31, 2023		October 31, 2022
Trade payables	$	161,581	$	148,521	$	162,366
Deferred revenue	872,418		572,602		787,514
Accrued salaries, wages and deferred compensation	33,733		38,908		41,239
Accrued benefits	57,340		60,466		44,008
Deposits	42,880		37,798		35,491
Operating lease liabilities	38,332		36,904		35,331
Other liabilities	70,241		82,822		84,573
Total accounts payable and accrued liabilities	$	1,276,525	$	978,021	$	1,190,522

The changes in the net carrying amount of goodwill by segment for the three months ended October 31, 2023 are as follows (in thousands):


	Mountain		Lodging		Goodwill, net
Balance at July 31, 2023	$	1,675,338	$	45,006	$	1,720,344


Effects of changes in foreign currency exchange rates	(52,316)		—		(52,316)
Balance at October 31, 2023	$	1,623,022	$	45,006	$	1,668,028