Pension And Postretirement Benefits

9 Months Ended

Apr. 26, 2020

Retirement Benefits [Abstract]

Pension And Postretirement Benefits

Pension and Postretirement Benefits

Components of net benefit expense (income) were as follows:

	Three Months Ended								Nine Months Ended
	Pension				Postretirement				Pension				Postretirement
	April 26, 2020		April 28, 2019		April 26, 2020		April 28, 2019		April 26, 2020		April 28, 2019		April 26, 2020		April 28, 2019
Service cost	$	4	$	5	$	—	$	1	$	14	$	16	$	—	$	1
Interest cost	14		21		2		2		48		62		5		6
Expected return on plan assets	(31)		(36)		—		—		(100)		(107)		—		—
Amortization of prior service cost	—		—		(7)		(8)		—		—		(21)		(22)
Settlement charge	54		28		—		—		43		28		—		—
Net periodic benefit expense (income)	$	41	$	18	$	(5)	$	(5)	$	5	$	(1)	$	(16)	$	(15)

The components of net periodic benefit expense (income) other than the service cost component associated with continuing operations are included in Other expenses / (income) in the Consolidated Statements of Earnings.

The settlement charges of $54 and $43 for the three- and nine-month periods ended April 26, 2020, respectively, resulted from the level of lump sum distributions associated with a U.S. pension plan and a Canadian pension plan. The settlement charge of $28 for the three- and nine-month periods ended April 28, 2019, resulted from the level of lump sum distributions associated with a U.S. pension plan.

Net periodic pension benefit expense (income) associated with discontinued operations was not material for the nine-month period ended April 26, 2020, and for the three- and nine-month periods ended April 28, 2019.