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Pension And Postretirement Benefits (Tables)
12 Months Ended
Jul. 30, 2023
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block] Components of net periodic benefit expense (income) were as follows:
PensionPostretirement
(Millions)202320222021202320222021
Service cost$13 $16 $18 $ $— $— 
Interest cost73 49 41 7 
Expected return on plan assets(100)(118)(122)   
Amortization of prior service credit1 — — (1)(1)(5)
Actuarial losses (gains)(6)80 (197)(9)(36)(6)
Net periodic benefit expense (income)$(19)$27 $(260)$(3)$(34)$(7)
Schedule of Changes in Projected Benefit Obligations [Table Text Block]
Change in benefit obligation:
PensionPostretirement
(Millions)2023202220232022
Obligation at beginning of year$1,737 $2,186 $172 $222 
Service cost13 16  — 
Interest cost73 49 7 
Actuarial losses (gains)(108)(310)(9)(36)
Benefits paid(104)(106)(17)(17)
Settlements(352)(89) — 
Other (6) — 
Foreign currency adjustment(2)(3) — 
Benefit obligation at end of year$1,257 $1,737 $153 $172 
Schedule of Amounts Recognized in Balance Sheet [Table Text Block]
Net amounts recognized in the Consolidated Balance Sheets:
 PensionPostretirement
(Millions)2023202220232022
Other assets$164 $146 $ $— 
Accrued liabilities10 13 18 19 
Other liabilities95 107 135 153 
Net amounts recognized asset / (liability)$59 $26 $(153)$(172)
Amounts recognized in Accumulated other comprehensive income (loss) consist of:
(Millions)PensionPostretirement
2023202220232022
Prior service credit (cost)$ $(1)$3 $
Defined Benefit Plan, Assumptions [Table Text Block]
Weighted-average assumptions used to determine benefit obligations at the end of the year:
 PensionPostretirement
 2023202220232022
Discount rate5.46%4.58%5.47%4.48%
Rate of compensation increase3.23%3.23%3.25%3.25%
Interest crediting rate4.00%4.00%Not applicable
Schedule of Expected Benefit Payments [Table Text Block]
Estimated future benefit payments are as follows:
(Millions)PensionPostretirement
2024$127 $19 
2025$118 $17 
2026$115 $16 
2027$110 $15 
2028$107 $14 
2029-2033$486 $60 
Pension Plan, Defined Benefit [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Changes in Fair Value of Plan Assets [Table Text Block]
Change in the fair value of pension plan assets:
(Millions)20232022
Fair value at beginning of year$1,763 $2,220 
Actual return on plan assets(1)(272)
Employer contributions1 — 
Benefits paid(91)(92)
Settlements(352)(89)
Foreign currency adjustment(4)(4)
Fair value at end of year$1,316 $1,763 
Defined Benefit Plan, Plan with Projected Benefit Obligation in Excess of Plan Assets [Table Text Block]
The following table provides information for pension plans with projected benefit obligations in excess of plan assets and accumulated benefit obligations in excess of plan assets:
(Millions)20232022
Projected benefit obligation$105 $120 
Accumulated benefit obligation$104 $118 
Fair value of plan assets$ $— 
Defined Benefit Plan, Assumptions [Table Text Block]
Weighted-average assumptions used to determine net periodic benefit cost for the years ended:
 Pension
 202320222021
Discount rate5.03%3.13%2.47%
Expected return on plan assets6.40%5.82%6.01%
Rate of compensation increase3.23%3.23%3.23%
Interest crediting rate4.00%4.00%4.00%
Schedule of Allocation of Plan Assets [Table Text Block]
Our year-end pension plan weighted-average asset allocations by category were:
 Strategic Target20232022
Equity securities26%27%34%
Debt securities68%66%59%
Real estate and other6%7%7%
Total100%100%100%
Pension plan assets are categorized based on the following fair value hierarchy:
Level 1: Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.
Level 2: Inputs other than quoted prices included in Level 1 that are observable for the asset or liability through corroboration with observable market data.
Level 3: Unobservable inputs, which are valued based on our estimates of assumptions that market participants would use in pricing the asset or liability.
The following table presents our pension plan assets by asset category at July 30, 2023, and July 31, 2022:
 
Fair Value
as of
July 30, 2023
Fair Value Measurements at
July 30, 2023 Using
Fair Value Hierarchy
Fair Value
as of
July 31, 2022
Fair Value Measurements at
July 31, 2022 Using
Fair Value Hierarchy
(Millions)Level 1Level 2Level 3Level 1Level 2Level 3
Short-term investments
$7 $3 $4 $ $33 $27 $$— 
Equities:
U.S.53 51 2  78 75 — 
Non-U.S.116 115 1  162 162 — — 
Corporate bonds:
U.S.448  448  571 — 571 — 
Non-U.S.87  87  119 — 119 — 
Government and agency bonds:
U.S.183  183  224 — 224 — 
Non-U.S.14  14  20 — 20 — 
Municipal bonds15  15  19 — 19 — 
Mortgage and asset backed securities
19  19  15 — 15 — 
Real estate2 1  1 — 
Hedge funds8   8 11 — — 11 
Derivative assets4  4  10 — 10 — 
Derivative liabilities(3) (3) (5)— (5)— 
Total assets at fair value
$953 $170 $774 $9 $1,261 $266 $982 $13 
Investments measured at net asset value:
Short-term investments
$69 $27 
Commingled equity funds158 307 
Commingled fixed income funds79 87 
Real estate73 99 
Hedge funds2 14 
Total investments measured at net asset value:
$381 $534 
Other items to reconcile to fair value
(18)(32)
Total pension plan assets at fair value
$1,316 $1,763 
Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets [Table Text Block]
The following table summarizes the changes in fair value of Level 3 investments for the years ended July 30, 2023, and July 31, 2022:
(Millions)Real EstateHedge FundsTotal
Fair value at July 31, 2022
$$11 $13 
Actual return on plan assets (1)(1)
Purchases, sales and settlements, net(1)(2)(3)
Transfers out of Level 3   
Fair value at July 30, 2023
$1 $8 $9 
(Millions)Real EstateHedge FundsTotal
Fair value at August 1, 2021
$$30 $33 
Actual return on plan assets— 
Purchases, sales and settlements, net(1)(20)(21)
Transfers out of Level 3— — — 
Fair value at July 31, 2022
$$11 $13 
Other Postretirement Benefit Plans, Defined Benefit [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Health Care Cost Trend Rates [Table Text Block]
Assumed health care cost trend rates at the end of the year:
 20232022
Health care cost trend rate assumed for next year6.50%6.50%
Rate to which the cost trend rate is assumed to decline (ultimate trend rate)5.00%5.00%
Year that the rate reaches the ultimate trend rate20302027