Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jan. 30, 2022

Equity [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income (Loss)

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

(Millions)	Foreign Currency Translation Adjustments(1)		Cash-Flow Hedges(2)		Pension and Postretirement Benefit Plan Adjustments(3)		Total Accumulated Comprehensive Income (Loss)
Balance at August 2, 2020	$	(10)	$	(7)	$	7	$	(10)
Other comprehensive income (loss) before reclassifications	10		(6)		—		4
Losses (gains) reclassified from accumulated other comprehensive income (loss)	—		3		(2)		1
Net current-period other comprehensive income (loss)	10		(3)		(2)		5
Balance at January 31, 2021	$	—	$	(10)	$	5	$	(5)
Balance at August 1, 2021	$	6	$	(4)	$	3	$	5
Other comprehensive income (loss) before reclassifications	(4)		6		—		2
Losses (gains) reclassified from accumulated other comprehensive income (loss)	—		—		(1)		(1)
Net current-period other comprehensive income (loss)	(4)		6		(1)		1
Balance at January 30, 2022	$	2	$	2	$	2	$	6

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(1)Included no tax as of January 30, 2022, August 1, 2021, January 31, 2021 and August 2, 2020.

(2)Included tax expense of $1 million as of January 30, 2022, a tax benefit of $1 million as of August 1, 2021, $2 million as of January 31, 2021, and $1 million as of August 2, 2020.

(3)Included tax expense of $1 million as of January 30, 2022, and as of August 1, 2021, and $2 million as of January 31, 2021, and as of August 2, 2020.

Amounts related to noncontrolling interests were not material.

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

	Three Months Ended				Six Months Ended
(Millions)	January 30, 2022		January 31, 2021		January 30, 2022		January 31, 2021		Location of Loss (Gain) Recognized in Earnings
Losses (gains) on cash-flow hedges:
Commodity contracts	$	(2)	$	—	$	(3)	$	—	Cost of products sold
Foreign exchange forward contracts	1		2		2		2		Cost of products sold
Forward starting interest rate swaps	1		1		1		1		Interest expense
Total before tax	—		3		—		3
Tax expense (benefit)	—		—		—		—
Loss (gain), net of tax	$	—	$	3	$	—	$	3
Pension and postretirement benefit adjustments:
Prior service credit	$	(1)	$	(1)	$	(1)	$	(2)	Other expenses / (income)
Tax expense (benefit)	—		—		—		—
Loss (gain), net of tax	$	(1)	$	(1)	$	(1)	$	(2)