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Accumulated Other Comprehensive Income (Loss)
 9 Months Ended
Apr. 28, 2024
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 July 31, 2022
$— $— $2 $2 
Other comprehensive income (loss) before reclassifications(7)5 — (2)
Losses (gains) reclassified from accumulated other comprehensive income (loss)— (6)— (6)
Net current-period other comprehensive income (loss)(7)(1)— (8)
Balance at April 30, 2023
$(7)$(1)$2 $(6)
Balance at July 30, 2023
$(1)$(4)$2 $(3)
Other comprehensive income (loss) before reclassifications(6)(5)— (11)
Losses (gains) reclassified from accumulated other comprehensive income (loss)
— (1)— (1)
Net current-period other comprehensive income (loss)(6)(6)— (12)
Balance at April 28, 2024
$(7)$(10)$2 $(15)
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(1)Included no tax as of April 28, 2024, July 30, 2023, April 30, 2023 and July 31, 2022.
(2)Included a tax benefit of $3 million as of April 28, 2024 and $1 million as of July 30, 2023, and no tax as of April 30, 2023 and July 31, 2022.
(3)Included tax expense of $1 million as of April 28, 2024, July 30, 2023, April 30, 2023 and July 31, 2022.
Amounts related to noncontrolling interests were not material.
The amounts reclassified from Accumulated other comprehensive income (loss) consisted of the following:
Three Months EndedNine Months Ended
(Millions)April 28, 2024April 30, 2023April 28, 2024April 30, 2023Location of Loss (Gain) Recognized in Earnings
Losses (gains) on cash-flow hedges:
Commodity contracts$— $— $— $(3)Cost of products sold
Foreign exchange contracts— (2)(2)(6)Cost of products sold
Forward starting interest rate swaps— — 1 1 Interest expense
Total before tax— (2)(1)(8)
Tax expense (benefit)— 1 — 2 
Loss (gain), net of tax$— $(1)$(1)$(6)