Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Oct. 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 1, 2021	$	6	$	(4)	$	3	$	5
Other comprehensive income (loss) before reclassifications	—		2		—		2
Losses (gains) reclassified from accumulated other comprehensive income (loss)	—		—		—		—
Net current-period other comprehensive income (loss)	—		2		—		2
Balance at October 31, 2021	$	6	$	(2)	$	3	$	7
Balance at July 31, 2022	$	—	$	—	$	2	$	2
Other comprehensive income (loss) before reclassifications	(8)		5		—		(3)
Losses (gains) reclassified from accumulated other comprehensive income (loss)	—		(3)		—		(3)
Net current-period other comprehensive income (loss)	(8)		2		—		(6)
Balance at October 30, 2022	$	(8)	$	2	$	2	$	(4)

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(1)Included no tax as of October 30, 2022, July 31, 2022, October 31, 2021 and August 1, 2021.

(2)Included tax expense of $1 million as of October 30, 2022, no tax as of July 31, 2022 and October 31, 2021, and a tax benefit of $1 million as of August 1, 2021.

(3)Included tax expense of $1 million as of October 30, 2022, July 31, 2022, October 31, 2021, and August 1, 2021.

Amounts related to noncontrolling interests were not material.

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

	Three Months Ended
(Millions)	October 30, 2022		October 31, 2021		Location of Loss (Gain) Recognized in Earnings
Losses (gains) on cash-flow hedges:
Commodity contracts	$	(3)	$	(1)	Cost of products sold
Foreign exchange forward contracts	(1)		1		Cost of products sold
Total before tax	(4)		—
Tax expense (benefit)	1		—
Loss (gain), net of tax	$	(3)	$	—