Taxes on Earnings (Tables)

12 Months Ended

Jul. 30, 2017

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision for income taxes on earnings consists of the following:

	2017		2016			2015
Income taxes:
Currently payable:
Federal	$	238	$	235		$	246
State	39		34			31
Non-U.S.	36		47			55
	313		316			332
Deferred:
Federal	77		(17		)	(47		)
State	2		—			1
Non-U.S.	14		(13		)	(3		)
	93		(30		)	(49		)
	$	406	$	286		$	283

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

	2017		2016		2015
Earnings before income taxes:
United States	$	1,103	$	705	$	803
Non-U.S.	190		144		146
	$	1,293	$	849	$	949

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following is a reconciliation of the effective income tax rate to the U.S. federal statutory income tax rate:

	2017		2016		2015
Federal statutory income tax rate	35.0	%	35.0	%	35.0	%
State income taxes (net of federal tax benefit)	2.1		2.7		2.2
Tax effect of international items	(2.1	)	(3.0	)	(2.5	)
Settlement of tax contingencies	—		—		(0.8	)
Federal manufacturing deduction	(2.1	)	(3.2	)	(2.9	)
Goodwill impairment	3.4		4.3		—
Claim settlement	—		(0.8	)	—
Foreign exchange losses(1)	(3.9	)	—		—
Other	(1.0	)	(1.3	)	(1.2	)
Effective income tax rate	31.4	%	33.7	%	29.8	%

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⁽¹⁾  The 2017 rate was favorably impacted by a $52 benefit primarily related to the sale of intercompany notes receivable to a financial institution, which resulted in the recognition of foreign exchange losses.

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred tax liabilities and assets are comprised of the following:

	2017			2016
Depreciation	$	355		$	362
Amortization	521			541
Other	20			23
Deferred tax liabilities	896			926
Benefits and compensation	241			266
Pension benefits	98			185
Tax loss carryforwards	36			37
Capital loss carryforwards	92			88
Other	95			113
Gross deferred tax assets	562			689
Deferred tax asset valuation allowance	(120		)	(118		)
Deferred tax assets, net of valuation allowance	442			571
Net deferred tax liability	$	454		$	355

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

A reconciliation of the activity related to unrecognized tax benefits follows:

	2017			2016		2015
Balance at beginning of year	$	63		$	58	$	71
Increases related to prior-year tax positions	4			2		9
Decreases related to prior-year tax positions	—			—		—
Increases related to current-year tax positions	4			3		5
Settlements	(7		)	—		(27		)
Lapse of statute	—			—		—
Balance at end of year	$	64		$	63	$	58