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Financial Instruments (Tables)
 9 Months Ended
Apr. 28, 2013
General Discussion of Derivative Instruments and Hedging Activities [Abstract]  
Schedule Of The Fair Value Of Derivative Instruments
The following table summarizes the fair value of derivative instruments recorded in the Consolidated Balance Sheets as of April 28, 2013, and July 29, 2012:
 
 
Balance Sheet Classification
 
April 28,
2013
 
July 29,
2012
Asset Derivatives
 
 
 
 
 
Derivatives designated as hedges:
 
 
 
 
 
Foreign exchange forward contracts
Other current assets
 
$
—

 
$
1

Forward starting interest rate swaps
Other current assets
 
—

 
1

Interest rate swaps
Other current assets
 
4

 
4

Forward starting interest rate swaps
Other assets
 
3

 
1

Interest rate swaps
Other assets
 
—

 
9

Total derivatives designated as hedges
 
 
$
7

 
$
16

Derivatives not designated as hedges:
 
 
 
 
 
Commodity derivative contracts
Other current assets
 
$
3

 
$
8

Cross-currency swap contracts
Other current assets
 
4

 
19

Deferred compensation derivative contracts
Other current assets
 
1

 
1

Foreign exchange forward contracts
Other current assets
 
—

 
1

Total derivatives not designated as hedges
 
 
8

 
29

Total asset derivatives
 
 
$
15

 
$
45


 
Balance Sheet Classification
 
April 28,
2013
 
July 29,
2012
Liability Derivatives
 
 
 
 
 
Derivatives designated as hedges:
 
 
 
 
 
Cross-currency swap contracts
Accrued liabilities
 
$
23

 
$
—

Foreign exchange forward contracts
Accrued liabilities
 
1

 
—

Cross-currency swap contracts
Other liabilities
 
—

 
25

Total derivatives designated as hedges
 
 
$
24

 
$
25

Derivatives not designated as hedges:
 
 
 
 
 
Commodity derivative contracts
Accrued liabilities
 
$
6

 
$
4

Cross-currency swap contracts
Accrued liabilities
 
48

 
25

Cross-currency swap contracts
Other liabilities
 
1

 
29

Total derivatives not designated as hedges
 
 
$
55

 
$
58

Total liability derivatives
 
 
$
79

 
$
83
Schedule Of Changes In Cash-Flow Hedges In Other Comprehensive Income (Loss)
The following tables show the effect of the company’s derivative instruments designated as cash-flow hedges for the three- and nine-month periods ended April 28, 2013 and April 29, 2012, in other comprehensive income (loss) (OCI) and the Consolidated Statements of Earnings:
Derivatives Designated as Cash-Flow Hedges
  
 
 
Total
Cash-Flow
Hedge
OCI Activity
Three Months Ended April 28, 2013, and April 29, 2012
 
 
2013
 
2012
OCI derivative gain (loss) at beginning of quarter
 
 
$
(11
)
 
$
(19
)
Effective portion of changes in fair value recognized in OCI:
 
 
 
 
 
Foreign exchange forward contracts
 
 
—

 
2

Forward starting interest rate swaps
 
 
(6
)
 
—

Cross-currency swap contracts
 
 
1

 
1

Amount of (gain) loss reclassified from OCI to earnings:
Location in Earnings
 
 
 
 
Foreign exchange forward contracts
Cost of products sold
 
(1
)
 
(6
)
Forward starting interest rate swaps
Interest expense
 
1

 
—

OCI derivative gain (loss) at end of quarter
 
 
$
(16
)
 
$
(22
)

  
 
 
Total
Cash-Flow
Hedge
OCI Activity
Nine Months Ended April 28, 2013, and April 29, 2012
 
 
2013
 
2012
OCI derivative gain (loss) at beginning of year
 
 
$
(16
)
 
$
(31
)
Effective portion of changes in fair value recognized in OCI:
 
 
 
 
 
Foreign exchange forward contracts
 
 
(1
)
 
7

Cross-currency swap contracts
 
 
1

 
—

Forward starting interest rate swaps
 
 
(1
)
 
—

Amount of (gain) loss reclassified from OCI to earnings:
Location in Earnings
 
 
 
 
Foreign exchange forward contracts
Cost of products sold
 
(2
)
 
—

Forward starting interest rate swaps
Interest expense
 
3

 
2

OCI derivative gain (loss) at end of quarter
 
 
$
(16
)
 
$
(22
)
Derivatives Designated As Fair-Value Hedges
The following tables show the effect of the company’s derivative instruments designated as fair-value hedges in the Consolidated Statements of Earnings:
 
 
 
Amount of
Gain (Loss)
Recognized in Earnings
on Derivatives
 
Amount of
Gain (Loss)
Recognized in Earnings
on Hedged Item
Derivatives Designated
as Fair-Value Hedges
Location of Gain (Loss)
Recognized in Earnings
 
April 28,
2013
 
April 29,
2012
 
April 28,
2013
 
April 29,
2012
Three Months Ended
 
 
 
 
 
 
 
 
 
Interest rate swaps
Interest expense
 
$
(2
)
 
$
(5
)
 
$
2

 
$
5

 
 
 
 
 
 
 
 
 
 
Nine Months Ended
 
 
 
 
 
 
 
 
 
Interest rate swaps
Interest expense
 
$
(9
)
 
$
(15
)
 
$
9

 
$
15
Derivatives Not Designated As Hedges
The following table shows the effects of the company’s derivative instruments not designated as hedges in the Consolidated Statements of Earnings:
 
 
 
 
Amount of
Gain (Loss)
Recognized in Earnings
on Derivatives
 
 
 
 
Three Months Ended
 
Nine Months Ended
Derivatives not Designated as Hedges
 
Location of Gain (Loss)
Recognized in Earnings
 
April 28,
2013
 
April 29,
2012
 
April 28,
2013
 
April 29,
2012
Foreign exchange forward contracts
 
Cost of products sold
 
$
—

 
$
(4
)
 
$
(1
)
 
$
—

Foreign exchange forward contracts
 
Other expenses/income
 
1

 
—

 
1

 
1

Cross-currency swap contracts
 
Other expenses/income
 
15

 
1

 
(3
)
 
40

Commodity derivative contracts
 
Cost of products sold
 
5

 
1

 
4

 
(6
)
Deferred compensation derivative contracts
 
Administrative expenses
 
9

 
4

 
15

 
3

Total
 
 
 
$
30

 
$
2

 
$
16

 
$
38