XML 40 R29.htm IDEA: XBRL DOCUMENT v3.24.0.1
Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jan. 28, 2024
Equity [Abstract]  
Components Of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
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 July 31, 2022
$— $— $$
Other comprehensive income (loss) before reclassifications(5)— (1)
Losses (gains) reclassified from accumulated other comprehensive income (loss)— (5)— (5)
Net current-period other comprehensive income (loss)(5)(1)— (6)
Balance at January 29, 2023
$(5)$(1)$$(4)
Balance at July 30, 2023
$(1)$(4)$$(3)
Other comprehensive income (loss) before reclassifications(3)(16) (19)
Losses (gains) reclassified from accumulated other comprehensive income (loss)
 (1) (1)
Net current-period other comprehensive income (loss)(3)(17) (20)
Balance at January 28, 2024
$(4)$(21)$2 $(23)
_____________________________________
(1)Included no tax as of January 28, 2024, July 30, 2023, January 29, 2023 and July 31, 2022.
(2)Included a tax benefit of $5 million as of January 28, 2024, a tax benefit of $1 million as of July 30, 2023, and no tax as of January 29, 2023 and July 31, 2022.
(3)Included tax expense of $1 million as of January 28, 2024, July 30, 2023, January 29, 2023 and July 31, 2022.
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
The amounts reclassified from Accumulated other comprehensive income (loss) consisted of the following:
Three Months EndedSix Months Ended
(Millions)January 28, 2024January 29, 2023January 28, 2024January 29, 2023Location of Loss (Gain) Recognized in Earnings
Losses (gains) on cash-flow hedges:
Commodity contracts$ $— $ $(3)Cost of products sold
Foreign exchange forward contracts(2)(3)(2)(4)Cost of products sold
Forward starting interest rate swaps1 1 Interest expense
Total before tax(1)(2)(1)(6)
Tax expense (benefit) —  
Loss (gain), net of tax$(1)$(2)$(1)$(5)