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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jul. 29, 2018
Jul. 30, 2017
Jul. 31, 2016
Cash flows from operating activities:      
Net earnings $ 261 $ 887 $ 563
Adjustments to reconcile net earnings to operating cash flow      
Asset Impairment Charges 748 212 141
Restructuring charges 62 18 31
Stock-based compensation 61 60 64
Amortization of inventory fair value adjustment from acquisition 42 0 0
Pension and postretirement benefit expense (income) (187) (258) 317
Depreciation and amortization 394 318 308
Deferred income taxes (133) 93 (30)
Other, net 34 18 6
Changes in working capital, net of acquisitions      
Accounts receivable 56 28 24
Inventories (84) 46 59
Prepaid assets 27 (27) 9
Accounts payable and accrued liabilities 78 (48) 15
Net receipts from hedging activities 6 2 44
Other (60) (58) (60)
Net cash provided by operating activities 1,305 1,291 1,491
Cash flows from investing activities:      
Purchases of plant assets (407) (338) (341)
Sales of plant assets 1 0 5
Purchases of route businesses (9) 0 0
Sales of route businesses 10 0 0
Business acquired, net of cash acquired (6,772) 0 0
Other, net (20) (30) (18)
Net cash used in investing activities (7,197) (368) (354)
Cash flows from financing activities:      
Short-term borrowings 10,222 8,247 8,161
Short-term repayments (9,944) (8,002) (8,923)
Long-term borrowings 6,224 211 215
Long-term repayments (63) (90) 0
Repayments of notes payable 0 (400) 0
Dividends paid (426) (420) (390)
Treasury stock purchases (86) (437) (143)
Treasury stock issuances 0 2 2
Payments related to tax withholding for stock-based compensation (23) (22) (21)
Repurchase of noncontrolling interest (47) 0 0
Payments of debt issuance costs (50) 0 0
Net cash provided by (used in) financing activities 5,807 (911) (1,099)
Effect of exchange rate changes on cash (8) 11 5
Net change in cash and cash equivalents (93) 23 43
Cash and cash equivalents - beginning of period 319 296 253
Cash and cash equivalents - end of period $ 226 $ 319 $ 296