Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Apr. 26, 2020

Components Of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The components of Accumulated other comprehensive income (loss) consisted of the following:


	Foreign Currency Translation Adjustments⁽¹⁾		Gains (Losses) on Cash Flow Hedges⁽²⁾		Pension and Postretirement Benefit Plan Adjustments⁽³⁾		Total Accumulated Comprehensive Income (Loss)
Balance at July 29, 2018	$	(154)	$	(4)	$	40	$	(118)
Cumulative effect of a change in accounting principle⁽⁴⁾	2		(3)		10		9
Other comprehensive income (loss) before reclassifications	(49)		1		—		(48)
Amounts reclassified from accumulated other comprehensive income (loss)	—		—		(17)		(17)
Net current-period other comprehensive income (loss)	(49)		1		(17)		(65)
Balance at April 28, 2019	$	(201)	$	(6)	$	33	$	(174)

Balance at July 28, 2019	$	(218)	$	(9)	$	29	$	(198)
Other comprehensive income (loss) before reclassifications	(11)		7		—		(4)
Amounts reclassified from accumulated other comprehensive income (loss)⁽⁵⁾	210		1		(16)		195
Net current-period other comprehensive income (loss)	199		8		(16)		191
Balance at April 26, 2020	$	(19)	$	(1)	$	13	$	(7)

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⁽¹⁾Included no tax as of April 26, 2020, a tax expense of $4 as of July 28, 2019, and April 28, 2019, and $6 as of July 29, 2018.

⁽²⁾Included a tax expense of $1 as of April 26, 2020, and a tax benefit of $2 as of July 28, 2019, $1 as of April 28, 2019, and $4 as of July 29, 2018.

⁽³⁾Included a tax expense of $3 as of April 26, 2020, $8 as of July 28, 2019, $10 as of April 28, 2019, and $25 as of July 29, 2018.

⁽⁴⁾Reflects the adoption of the FASB guidance on stranded tax effects. See Note 2 for additional information.

⁽⁵⁾Reflects amounts reclassified from sale of businesses. See Note 3 for additional information.

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

The amounts reclassified from Accumulated other comprehensive income (loss) consisted of the following:


	Three Months Ended						Nine Months Ended
Details about Accumulated Other Comprehensive Income (Loss) Components	April 26, 2020		April 28, 2019		April 26, 2020		April 28, 2019		Location of (Gain) Loss Recognized in Earnings
Foreign currency translation adjustments:
Currency translation (gains) losses realized upon disposal of businesses	$	—	$	—	$	23	$	—	Other expenses / (income)
Currency translation (gains) losses realized upon disposal of businesses	—		—		183		—		Earnings (loss) from discontinued operations
Total before tax	—		—		206		—
Tax expense (benefit)	—		—		4		—
(Gain) loss, net of tax	$	—	$	—	$	210	$	—

(Gains) losses on cash flow hedges:
Foreign exchange forward contracts	$	1	$	(1)	$	—	$	(2)	Cost of products sold
Foreign exchange forward contracts	—		(1)		—		(1)		Other expenses / (income)
Foreign exchange forward contracts	—		—		1		1		Earnings (loss) from discontinued operations
Forward starting interest rate swaps	—		1		1		2		Interest expense
Total before tax	1		(1)		2		—
Tax expense (benefit)	—		—		(1)		—
(Gain) loss, net of tax	$	1	$	(1)	$	1	$	—

Pension and postretirement benefit adjustments:
Prior service credit	$	(7)	$	(8)	$	(21)	$	(22)	Other expenses / (income)
Tax expense (benefit)	2		2		5		5
(Gain) loss, net of tax	$	(5)	$	(6)	$	(16)	$	(17)