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Segment Information (Tables)
9 Months Ended
May 01, 2022
Segment Reporting [Abstract]  
Schedule Of Segment Reporting [Table Text Block]
Three Months EndedNine Months Ended
(Millions)May 1, 2022May 2, 2021May 1, 2022May 2, 2021
Net sales
Meals & Beverages$1,131 $1,062 $3,672 $3,743 
Snacks999 922 2,903 2,860 
Total$2,130 $1,984 $6,575 $6,603 
Three Months EndedNine Months Ended
(Millions)May 1, 2022May 2, 2021May 1, 2022May 2, 2021
Earnings before interest and taxes
Meals & Beverages$220 $186 $713 $785 
Snacks127 102 376 377 
Corporate income (expense)(1)
(53)(14)(96)(7)
Restructuring charges(2)
 (2) (21)
Total$294 $272 $993 $1,134 
_______________________________________
(1)Represents unallocated items. There were pension actuarial losses of $16 million and $12 million in the three- and nine-month periods ended May 1, 2022, and pension actuarial gains of $4 million and $38 million in the three- and nine-month periods ended May 2, 2021, respectively. Costs related to the cost savings initiatives were $6 million and $15 million in the three- and nine-month periods ended May 1, 2022, and $13 million and $22 million in the three- and nine-month periods ended May 2, 2021, respectively. Unrealized mark-to-market adjustments on outstanding undesignated commodity hedges were losses of $5 million and $8 million in the three- and nine-month periods ended May 1, 2022, and gains of $22 million and $39 million in the three- and nine-month periods ended May 2, 2021, respectively.
(2)See Note 6 for additional information.
Additional Product Information for Net Sales [Table Text Block]
Our net sales based on product categories are as follows:
Three Months EndedNine Months Ended
(Millions)May 1, 2022May 2, 2021May 1, 2022May 2, 2021
Net sales
Soup$606 $544 $2,187 $2,164 
Snacks1,039 961 3,008 2,958 
Other simple meals287 278 821 896 
Beverages198 201 559 585 
Total$2,130 $1,984 $6,575 $6,603