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Stock-based Compensation (Tables)

6 Months Ended

Jan. 26, 2020

Summary of Stock-based Compensation Expense [Table Text Block]

Total pre-tax stock-based compensation expense and tax-related benefits recognized in Earnings from continuing operations were as follows:


	Three Months Ended						Six Months Ended
	January 26, 2020		January 27, 2019		January 26, 2020		January 27, 2019
Total pre-tax stock-based compensation expense	$	18	$	15	$	31	$	28
Tax-related benefits	$	3	$	3	$	6	$	5

Total pre-tax stock-based compensation expense and tax-related benefits recognized in Earnings (loss) from discontinued operations were as follows:


	Three Months Ended						Six Months Ended
	January 26, 2020		January 27, 2019		January 26, 2020		January 27, 2019
Total pre-tax stock-based compensation expense	$	1	$	2	$	2	$	3
Tax-related benefits	$	—	$	—	$	—	$	1

Share-based Payment Arrangement, Option [Member]

Stock-based Compensation

Schedule Of Stock Option Activity [Table Text Block]

The following table summarizes stock option activity as of January 26, 2020:


	Options	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life	Aggregate Intrinsic Value
	(Options in thousands)			(In years)
Outstanding at July 28, 2019	2,059	$	46.17
Granted	—	$	—
Exercised	(92)	$	41.58
Terminated	(155)	$	49.46
Outstanding at January 26, 2020	1,812	$	46.12	7.3	$	8
Exercisable at January 26, 2020	1,223	$	49.74	6.7	$	2

Schedule Of Share Based Payment Award Valuation Assumptions [Table Text Block]

The weighted-average assumptions and grant-date fair value for grants in 2019 were as follows:


									2019
Risk-free interest rate									2.79%
Expected dividend yield									3.84%
Expected volatility									25.28%
Expected term									6.1 years
Grant-date fair value									$6.27

TSR Performance Restricted Stock/Units [Member]

Stock-based Compensation

TSR Performance Restricted Stock Units [Table Text Block]

The following table summarizes TSR performance restricted stock units as of January 26, 2020:


	Units	Weighted-Average Grant-Date Fair Value
	(Restricted stock units in thousands)
Nonvested at July 28, 2019	1,308	$	37.33
Granted	619	$	63.06
Vested	—	$	—
Forfeited	(564)	$	39.36
Nonvested at January 26, 2020	1,363	$	48.17

Schedule Of Share Based Payment Award Valuation Assumptions [Table Text Block]

We estimated the fair value of TSR performance restricted stock units at the grant date using a Monte Carlo simulation.

Weighted-average assumptions used in the Monte Carlo simulation were as follows:


	2020	2019
Risk-free interest rate	1.48%	2.80%
Expected dividend yield	2.95%	3.79%
Expected volatility	27.01%	24.50%
Expected term	3 years	3 years

Time Lapse, EPS Performance, FCF Performance And Strategic Performance Restricted Stock Units [Member]

Stock-based Compensation

Time-Lapse Restricted Stock Units, EPS Performance Restricted Stock Units and FCF Performance Restricted Stock Units[Table Text Block]

The following table summarizes time-lapse restricted stock units, EPS performance restricted stock units and FCF performance restricted stock units as of January 26, 2020:


	Units	Weighted-Average Grant-Date Fair Value
	(Restricted stock units in thousands)
Nonvested at July 28, 2019	1,960	$	40.57
Granted	1,088	$	46.81
Vested	(680)	$	43.17
Forfeited	(249)	$	41.14
Nonvested at January 26, 2020	2,119	$	42.87