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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jul. 31, 2022
Aug. 01, 2021
Aug. 02, 2020
Cash flows from operating activities:      
Net earnings $ 757 $ 1,002 $ 1,628
Adjustments to reconcile net earnings to operating cash flow      
Restructuring charges 5 21 9
Stock-based compensation 59 64 61
Pension and postretirement benefit expense (income) (7) (267) 93
Depreciation and amortization 337 317 328
Deferred income taxes 21 137 (6)
Net loss (gain) on sales of businesses 0 11 (975)
Loss on extinguishment of debt 4 0 75
Investment losses [1] 0 0 49
Other 88 86 101
Changes in working capital, net of divestitures      
Accounts receivable 48 (20) (30)
Inventories (314) (77) (20)
Other current assets 25 (28) (3)
Accounts payable and accrued liabilities 200 (164) 145
Other (42) (47) (59)
Net cash provided by operating activities 1,181 1,035 1,396
Cash flows from investing activities:      
Purchases of plant assets (242) (275) (299)
Purchases of route businesses (1) (2) (11)
Sales of route businesses 2 10 11
Sales of businesses, net of cash divested 0 101 2,537
Proceeds from sale of investment 0 0 30
Other 11 8 4
Net cash provided by (used in) investing activities (230) (158) 2,272
Cash flows from financing activities:      
Short-term borrowings, including commercial paper and revolving line of credit 1,173 320 5,617
Short-term repayments, including commercial paper and revolving line of credit (997) (580) (6,909)
Long-term borrowings 0 0 1,000
Long-term repayments 0 (921) (499)
Dividends paid (451) (439) (426)
Treasury stock purchases (167) (36) 0
Treasury stock issuances 3 2 23
Payments related to tax withholding for stock-based compensation (18) (15) (12)
Payments related to extinguishment of debt (453) 0 (1,769)
Payments of debt issuance costs 0 0 (12)
Net cash used in financing activities (910) (1,669) (2,987)
Effect of exchange rate changes on cash (1) 2 (1)
Net change in cash and cash equivalents 40 (790) 680
Cash and cash equivalents - beginning of period (including discontinued operations) 69 859 179
Less cash and cash equivalents discontinued operations - end of period 0 0 0
Cash and cash equivalents $ 109 $ 69 $ 859
[1] 2020 includes a loss of $45 million related to Acre. See Note 14 for additional information.