Leases (Tables)

3 Months Ended

Oct. 29, 2023

Leases [Abstract]

Lease, Cost

The components of lease costs were as follows:

	Three Months Ended
(Millions)	October 29, 2023		October 30, 2022
Operating lease cost	$	24	$	20
Finance lease - amortization of right-of-use (ROU) assets	4		4
Short-term lease cost	19		17
Variable lease cost(1)	53		50
Total	$	100	$	91

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(1)Includes labor and other overhead in our service contracts with embedded leases.

Schedule of Leases Reported in Balance Sheet

The following tables summarize the lease amounts recorded in the Consolidated Balance Sheets:

	Operating Leases
(Millions)	Balance Sheet Classification	October 29, 2023		July 30, 2023
ROU assets, net	Other assets	$	288	$	275
Lease liabilities (current)	Accrued liabilities	$	72	$	70
Lease liabilities (noncurrent)	Other liabilities	$	220	$	208
	Finance Leases
(Millions)	Balance Sheet Classification	October 29, 2023		July 30, 2023
ROU assets, net	Plant assets, net of depreciation	$	26	$	27
Lease liabilities (current)	Short-term borrowings	$	12	$	13
Lease liabilities (noncurrent)	Long-term debt	$	16	$	15

Schedule of Supplemental Cash Flow Information Related to Leases

The following table summarizes cash flow and other information related to leases:

	Three Months Ended
(Millions)	October 29, 2023		October 30, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	23	$	20
Financing cash flows from finance leases	$	4	$	4
ROU assets obtained in exchange for lease obligations:
Operating leases	$	36	$	15
Finance leases	$	3	$	—