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Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Aug. 03, 2014
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss)
The components of Accumulated other comprehensive income (loss) consisted of the following:
 
 
Foreign Currency Translation Adjustments(1)
 
Gains (Losses) on Cash Flow Hedges(2)
 
Pension and Postretirement Benefit Plan Adjustments(3)
 
Total Accumulated Comprehensive Income (Loss)
Balance at July 29, 2012
 
$
261

 
$
(10
)
 
$
(1,027
)
 
$
(776
)
Other comprehensive income (loss) before reclassifications
 
(91
)
 
12

 
219

 
140

Amounts reclassified from accumulated other comprehensive income (loss)
 
—

 
3

 
68

 
71

Net current-period other comprehensive income (loss)
 
(91
)
 
15

 
287

 
211

Balance at July 28, 2013
 
$
170

 
$
5

 
$
(740
)
 
$
(565
)
Other comprehensive income (loss) before reclassifications
 
(14
)
 
(8
)
 
(35
)
 
(57
)
Amounts reclassified from accumulated other comprehensive income (loss)
 
(19
)
 
—

 
72

 
53

Net current-period other comprehensive income (loss)
 
(33
)
 
(8
)
 
37

 
(4
)
Balance at August 3, 2014
 
$
137

 
$
(3
)
 
$
(703
)
 
$
(569
)
_____________________________________
(1) 
Included a tax expense of $7 as of August 3, 2014, $9 as of July 28, 2013 and $12 as of July 29, 2012. The amount reclassified from other comprehensive income was related to the divestiture of the European simple meals business and was included in Earnings (loss) from discontinued operations.
(2) 
Included a tax benefit of $1 as of August 3, 2014, a tax expense of $3 as of July 28, 2013 and a tax benefit of $6 as of July 29, 2012.
(3) 
Included a tax benefit of $405 as of August 3, 2014, $424 as of July 28, 2013 and $581 as of July 29, 2012. The amount reclassified in 2014 from other comprehensive income included pre-tax settlement charges of $22, or $14 after tax.
Amounts related to noncontrolling interests were not material.
The amounts reclassified from Accumulated other comprehensive income (loss) consisted of the following:
Details about Accumulated Other Comprehensive Income Components
 
2014
 
2013
 
2012
 
Location of (Gain) Loss Recognized in Earnings
(Gains) losses on cash flow hedges:
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
 
$
(4
)
 
$
1

 
$
(1
)
 
Cost of products sold
Foreign exchange forward contracts
 
1

 
(1
)
 
(2
)
 
Other expenses / (income)
Forward starting interest rate swaps
 
3

 
4

 
3

 
Interest expense
Total before tax
 
—

 
4

 
—

 
 
Tax expense (benefit)
 
—

 
(1
)
 
—

 
 
(Gain) loss, net of tax
 
$
—

 
$
3

 
$
—

 
 
 
 
 
 
 
 
 
 
 
Pension and postretirement benefit adjustments:
 
 
 
 
 
 
 
 
Prior service credit
 
$
(2
)
 
$
(2
)
 
$
(1
)
 
(1) 
Net actuarial losses
 
113

 
124

 
83

 
(1) 
Total before tax
 
111

 
122

 
82

 
 
Tax expense (benefit)
 
(39
)
 
(54
)
 
(29
)
 
 
(Gain) loss, net of tax
 
$
72

 
$
68

 
$
53

 
 
_____________________________________
(1) 
In 2014, net actuarial losses of $2 were recognized in Earnings (loss) from discontinued operations as a result of the sale of the European simple meals business. Excluding the net actuarial losses related to the sale of the business in 2014, these items are included in the components of net periodic benefit costs (see Note 11 for additional details).

In 2014, a pre-tax loss of $22 ($19 after tax) on foreign currency translation adjustments was also reclassified from Accumulated other comprehensive income. The loss was related to the divestiture of the European simple meals business and was included in Earnings (loss) from discontinued operations.