XML 60 R39.htm IDEA: XBRL DOCUMENT v3.23.3
Stock-based Compensation (Tables)
12 Months Ended
Jul. 30, 2023
Stock-based Compensation  
Summary of Stock-based Compensation Expense [Table Text Block] Total pre-tax stock-based compensation expense and tax-related benefits recognized in the Consolidated Statements of Earnings were as follows:
(Millions)202320222021
Total pre-tax stock-based compensation expense$63 $59 $64 
Tax-related benefits$12 $10 $12 
Share-based Payment Arrangement, Option [Member]  
Stock-based Compensation  
Schedule Of Stock Option Activity [Table Text Block]
The following table summarizes stock option activity as of July 30, 2023:
OptionsWeighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Life
Aggregate
Intrinsic
Value
(In thousands) (In years)(Millions)
Outstanding at July 31, 2022
1,297 $46.04 
Granted— $— 
Exercised(464)$48.33 
Terminated— $— 
Outstanding at July 30, 2023
833 $44.77 4.2$
Exercisable at July 30, 2023
833 $44.77 4.2$
TSR Performance Restricted Stock/Units [Member]  
Stock-based Compensation  
TSR Performance Restricted Stock Units [Table Text Block]
The following table summarizes TSR performance restricted stock units as of July 30, 2023:
UnitsWeighted-
Average
Grant-Date
Fair Value
 (In thousands) 
Nonvested at July 31, 2022
1,153 $55.63 
Granted296 $53.74 
Vested(443)$63.06 
Forfeited(58)$51.70 
Nonvested at July 30, 2023
948 $51.81 
Schedule Of Share Based Payment Award Valuation Assumptions [Table Text Block] Weighted-average assumptions used in the Monte Carlo simulation were as follows:
 202320222021
Risk-free interest rate4.29%0.46%0.15%
Expected dividend yield3.09%3.50%2.85%
Expected volatility26.40%27.42%29.99%
Expected term3 years3 years3 years
Time Lapse, EPS CAGR Performance, FCF Performance, and EPS Performance Restricted Stock Units [Member]  
Stock-based Compensation  
Time-Lapse Restricted Stock Units, EPS CAGR Performance Restricted Stock Units, FCF Performance Restricted Stock Units, and EPS Performance Restricted Stock Units[Table Text Block]
The following table summarizes time-lapse restricted stock units and EPS CAGR performance restricted stock units as of July 30, 2023:
UnitsWeighted-
Average
Grant-Date
Fair Value
 (In thousands) 
Nonvested at July 31, 2022
1,946 $43.88 
Granted1,227 $47.65 
Vested(770)$45.25 
Forfeited(129)$44.94 
Nonvested at July 30, 2023
2,274 $45.39