Leases

6 Months Ended

Jan. 30, 2022

Leases [Abstract]

Lessee, Operating Leases

Leases

The components of lease costs were as follows:

	Three Months Ended				Six Months Ended
(Millions)	January 30, 2022		January 31, 2021		January 30, 2022		January 31, 2021
Operating lease cost	$	20	$	20	$	39	$	40
Finance lease - amortization of right-of-use (ROU) assets	4		1		8		2
Short-term lease cost	14		11		27		21
Variable lease cost(1)	49		46		101		92
Sublease income	—		—		—		(1)
Total	$	87	$	78	$	175	$	154

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(1)Includes labor and other overhead in our service contracts with embedded leases.

The following tables summarize the lease amounts recorded in the Consolidated Balance Sheets:

	Operating Leases
(Millions)	Balance Sheet Classification	January 30, 2022		August 1, 2021
ROU assets, net	Other assets	$	231	$	235
Lease liabilities (current)	Accrued liabilities	$	57	$	54
Lease liabilities (noncurrent)	Other liabilities	$	174	$	180
	Finance Leases
(Millions)	Balance Sheet Classification	January 30, 2022		August 1, 2021
ROU assets, net	Plant assets, net of depreciation	$	34	$	29
Lease liabilities (current)	Short-term borrowings	$	14	$	11
Lease liabilities (noncurrent)	Long-term debt	$	21	$	19

The following table summarizes cash flow and other information related to leases:

	Six Months Ended
(Millions)	January 30, 2022		January 31, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	38	$	40
Financing cash flows from finance leases	$	8	$	2
ROU assets obtained in exchange for lease obligations:
Operating leases	$	33	$	27
Finance leases	$	13	$	3