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Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Jul. 31, 2016
Equity [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 August 3, 2014
 
$
144

 
$
(3
)
 
$
4

 
$
145

Other comprehensive income (loss) before reclassifications
 
(310
)
 
(2
)
 
—

 
(312
)
Amounts reclassified from accumulated other comprehensive income (loss)
 
—

 
—

 
(1
)
 
(1
)
Net current-period other comprehensive income (loss)
 
(310
)
 
(2
)
 
(1
)
 
(313
)
Balance at August 2, 2015
 
$
(166
)
 
$
(5
)
 
$
3

 
$
(168
)
Other comprehensive income (loss) before reclassifications
 
42

 
(29
)
 
59

 
72

Amounts reclassified from accumulated other comprehensive income (loss)
 
—

 
(7
)
 
(1
)
 
(8
)
Net current-period other comprehensive income (loss)
 
42

 
(36
)
 
58

 
64

Balance at July 31, 2016
 
$
(124
)
 
$
(41
)
 
$
61

 
$
(104
)
_____________________________________
(1) 
Included a tax expense of $6 as of July 31, 2016 and as of August 2, 2015, and $7 as of August 3, 2014.
(2) 
Included a tax benefit of $23 as of July 31, 2016, $5 as of August 2, 2015, and $1 as of August 3, 2014.
(3) 
Included a tax expense of $35 as of July 31, 2016, $1 as of August 2, 2015, and $2 as of August 3, 2014.
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 (Loss) Components
 
2016
 
2015
 
2014
 
Location of (Gain) Loss Recognized in Earnings
(Gains) losses on cash flow hedges:
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
 
$
(11
)
 
$
(4
)
 
$
(4
)
 
Cost of products sold
Foreign exchange forward contracts
 
(2
)
 
(1
)
 
1

 
Other expenses / (income)
Forward starting interest rate swaps
 
4

 
4

 
3

 
Interest expense
Total before tax
 
(9
)
 
(1
)
 
—

 
 
Tax expense (benefit)
 
2

 
1

 
—

 
 
(Gain) loss, net of tax
 
$
(7
)
 
$
—

 
$
—

 
 
 
 
 
 
 
 
 
 
 
Pension and postretirement benefit adjustments:
 
 
 
 
 
 
 
 
Prior service credit
 
$
(1
)
 
$
(2
)
 
$
(2
)
 
(1) 
Tax expense (benefit)
 
—

 
1

 
1

 
 
(Gain) loss, net of tax
 
$
(1
)
 
$
(1
)
 
$
(1
)
 
 
_____________________________________
(1) 
This is 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 from discontinued operations.