Discontinued Operations (Tables)

12 Months Ended

Jul. 28, 2013

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

Results of discontinued operations were as follows:

	2013			2012			2011
Net sales	$	532		$	532		$	576
Earnings (loss) before taxes	$	(331	)	$	57		$	68
Taxes on earnings	100			(17		)	(15		)
Earnings (loss) from discontinued operations	$	(231	)	$	40		$	53

In the fourth quarter of 2013, the company recorded an impairment charge on the intangible assets of this business of $396 ($263 after tax or $.83 per share).In addition, the company recorded $18 in tax expense ($.06 per share) representing taxes on the difference between the book value and tax basis of the business. See Note 6 for additional information on the impairment charge.

The assets and liabilities of the European business have been reflected in assets and liabilities held for sale in the Consolidated Balance Sheet as of July 28, 2013, and are comprised of the following:

	2013
Cash	$	68
Accounts receivable	54
Inventories	68
Prepaid Expenses	3
Current assets	$	193
Plant assets	$	98
Goodwill	110
Intangible assets	150
Other assets	35
Non-current assets	$	393
Accounts payable	$	60
Accrued liabilities	54
Current Liabilities	$	114
Non-current pension obligation	$	11
Other liabilities	11
Non-current liabilities	$	22