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DERIVATIVES (Tables)
 9 Months Ended
Apr. 27, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
Details of active swap contracts as of April 27, 2024, which are all pay fixed and receive floating, are as follows:
Effective DateSwap MaturityNotional Value (in millions)Pay Fixed RateReceive Floating RateFloating Rate Reset Terms
November 30, 2018October 31, 2024100 2.7385 %One-Month Term SOFRMonthly
January 11, 2019October 31, 2024100 2.4025 %One-Month Term SOFRMonthly
January 24, 2019October 31, 202450 2.4090 %One-Month Term SOFRMonthly
October 26, 2018October 22, 202550 2.8725 %One-Month Term SOFRMonthly
November 16, 2018October 22, 202550 2.8750 %One-Month Term SOFRMonthly
November 16, 2018October 22, 202550 2.8380 %One-Month Term SOFRMonthly
January 24, 2019October 22, 202550 2.4750 %One-Month Term SOFRMonthly
December 29, 2023June 3, 2027100 3.7525 %One-Month Term SOFRMonthly
December 29, 2023June 3, 2027100 3.7770 %One-Month Term SOFRMonthly
$650 
Schedule of Interest Rate Derivatives
The location and amount of gains or losses recognized in the Condensed Consolidated Statements of Operations for interest rate swap contracts for each of the periods, presented on a pre-tax basis, are as follows:
13-Week Period Ended39-Week Period Ended
April 27, 2024April 29, 2023April 27, 2024April 29, 2023
(in millions)Interest expense, netInterest expense, net
Total amounts of expense line items presented in the Condensed Consolidated Statements of Operations in which the effects of cash flow hedges are recorded
$37 $35 $112 $109 
Gain on cash flow hedging relationships:
Gain reclassified from comprehensive income into earnings$5 $3 $15 $7