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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jan. 31, 2021
Jan. 26, 2020
Cash flows from operating activities:    
Net earnings $ 554 $ 1,374
Adjustments to reconcile net earnings to operating cash flow    
Restructuring charges 19 10
Stock-based compensation 34 33
Pension and postretirement benefit income (66) (47)
Depreciation and amortization 154 162
Deferred income taxes 69 32
Net gain on sales of businesses 0 (972)
Loss on extinguishment of debt 0 75
Other 47 53
Changes in working capital, net of divestitures    
Accounts receivable (124) (112)
Inventories 57 73
Prepaid assets (3) 11
Accounts payable and accrued liabilities (108) (9)
Other (22) (20)
Net cash provided by operating activities 611 663
Cash flows from investing activities:    
Purchases of plant assets (132) (167)
Purchases of route businesses (1) (6)
Sales of route businesses 6 5
Sales of businesses, net of cash divested 0 2,533
Other 7 3
Net cash provided by (used) in investing activities (120) 2,368
Cash flows from financing activities:    
Short-term borrowings, including commercial paper 0 3,680
Short-term repayments, including commercial paper (176) (4,350)
Long-term repayments 0 (499)
Dividends paid (215) (213)
Treasury stock issuances 0 4
Payments related to tax withholding for stock-based compensation (14) (9)
Payments related to extinguishment of debt 0 (1,765)
Net cash used in financing activities (405) (3,152)
Effect of exchange rate changes on cash 1 0
Net change in cash and cash equivalents 87 (121)
Cash and cash equivalents - beginning of period 859 31
Cash and cash equivalents discontinued operations - beginning of period 0 148
Cash and cash equivalents discontinued operations - end of period 0 0
Cash and cash equivalents - end of period $ 946 $ 58