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Fair Value Measurements (Tables)
3 Months Ended
Nov. 01, 2015
Fair Value Disclosures [Abstract]  
Fair Value, Assets And Liabilities Measured on Recurring Basis [Table Text Block]
The following table presents our financial assets and liabilities that are measured at fair value on a recurring basis as of November 1, 2015, and August 2, 2015, consistent with the fair value hierarchy:
 
Fair Value
as of
November 1,
2015
 
Fair Value Measurements at
November 1, 2015 Using
Fair Value Hierarchy
 
Fair Value
as of
August 2,
2015
 
Fair Value Measurements at
August 2, 2015 Using
Fair Value Hierarchy
 
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign exchange forward contracts(2)
$
7

 
$

 
$
7

 
$

 
$
12

 
$

 
$
12

 
$

Commodity derivative contracts(3)
2

 
2

 

 

 
1

 
1

 

 

Cross-currency swap contracts(4)
40

 

 
40

 

 
40

 

 
40

 

Deferred compensation derivative contracts(5)
1

 

 
1

 

 
1

 

 
1

 

Total assets at fair value
$
50

 
$
2

 
$
48

 
$

 
$
54

 
$
1

 
$
53

 
$

 
Fair Value
as of
November 1,
2015
 
Fair Value Measurements at
November 1, 2015 Using
Fair Value Hierarchy
 
Fair Value
as of
August 2,
2015
 
Fair Value Measurements at
August 2, 2015 Using
Fair Value Hierarchy
 
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Forward starting interest rate swaps(1)
$
16

 
$

 
$
16

 
$

 
$
8

 
$

 
$
8

 
$

Foreign exchange forward contracts(2)
1

 

 
1

 

 
2

 

 
2

 

Commodity derivative contracts(3)
9

 
8

 
1

 

 
10

 
10

 

 

Deferred compensation obligation(6)
126

 
126

 

 

 
120

 
120

 

 

Total liabilities at fair value
$
152

 
$
134

 
$
18

 
$

 
$
140

 
$
130

 
$
10

 
$

___________________________________ 
(1) 
Based on LIBOR swap rates.
(2) 
Based on observable market transactions of spot currency rates and forward rates.
(3) 
Based on quoted futures exchanges and on observable prices of futures and options transactions in the marketplace.
(4) 
Based on observable local benchmarks for currency and interest rates.
(5) 
Based on LIBOR and equity index swap rates.
(6) 
Based on the fair value of the participants’ investments.