Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Jul. 31, 2016	Aug. 02, 2015	Aug. 03, 2014
Cash flows from operating activities:
Net earnings	$ 563	$ 666	$ 855
Adjustments to reconcile net earnings to operating cash flow
Impairment charge	141	6	0	[1]
Restructuring charges	31	102	55
Stock-based compensation	64	57	57
Pension and postretirement benefit expense	317	118	58
Depreciation and amortization	308	303	305
Deferred income taxes	(30)	(49)	38
Gain on sale of business	0	0	(141)
Other, net	6	15	9
Changes in working capital, net of acquisitions
Accounts receivable	24	12	(38)
Inventories	59	(18)	(80)
Prepaid assets	9	10	(22)
Accounts payable and accrued liabilities	(13)	6	(93)
Pension fund contributions	(2)	(5)	(47)
Receipts from (payments of) hedging activities	44	11	(4)
Other	(58)	(52)	(53)
Net cash provided by operating activities	1,463	1,182	899
Cash flows from investing activities:
Purchases of plant assets	(341)	(380)	(347)
Sales of plant assets	5	15	22
Businesses acquired, net of cash acquired	0	(232)	(329)
Sale of business, net of cash divested	0	0	520
Other, net	(18)	(6)	0
Net cash used in investing activities	(354)	(603)	(134)
Cash flows from financing activities:
Net short-term borrowings (repayments)	(762)	100	208
Long-term borrowings (repayments)	215	300	(2)
Repayments of notes payable	0	(309)	(700)
Dividends paid	(390)	(394)	(391)
Treasury stock purchases	(143)	(244)	(76)
Treasury stock issuances	2	9	18
Excess tax benefits on stock-based compensation	7	6	13
Contributions from noncontrolling interest	0	9	5
Other, net	0	(3)	0
Net cash used in financing activities	(1,071)	(526)	(925)
Effect of exchange rate changes on cash	5	(32)	(9)
Net change in cash and cash equivalents	43	21	(169)
Cash and cash equivalents continuing operations - beginning of period	253	232	333
Cash and cash equivalents discontinued operations - beginning of period	0	0	68
Cash and cash equivalents discontinued operations — end of period	0	0	0
Cash and cash equivalents continuing operations - end of period	$ 296	$ 253	$ 232

[1] In 2016, we recognized an impairment charge of $141 related to the intangible assets of the Bolthouse Farms carrot and carrot ingredients reporting unit and in 2015 we recognized an impairment charge of $6 related to minor trademarks used in the Global Biscuits and Snacks segment. See also Note 6.