Goodwill And Intangible Assets (Tables)

9 Months Ended

Apr. 28, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

The following table shows the changes in the carrying amount of goodwill:

(Millions)	Meals & Beverages		Snacks		Total
Net balance at July 30, 2023	$	990	$	2,975	$	3,965
Acquisition(1)	1,110		—		1,110
Foreign currency translation adjustment	(3)		—		(3)
Net balance at April 28, 2024	$	2,097	$	2,975	$	5,072

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(1)On March 12, 2024, we acquired Sovos Brands. See Note 3 for additional information.

Schedule of Finite-Lived Intangible Assets [Table Text Block]

The following table summarizes balance sheet information for intangible assets, excluding goodwill:

	April 28, 2024						July 30, 2023
(Millions)	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
Amortizable intangible assets
Customer relationships	$	1,062	$	(281)	$	781	$	830	$	(229)	$	601
Definite-lived trademarks	83		—		83		—		—		—
Total amortizable intangible assets	$	1,145	$	(281)	$	864	$	830	$	(229)	$	601
Indefinite-lived trademarks
Rao's					$	1,470					$	—
Snyder's of Hanover					620						620
Lance					350						350
Kettle Brand					318						318
Pace					292						292
Pacific Foods					280						280
Cape Cod					187						187
Various other Snacks(1)					494						494
Total indefinite-lived trademarks					$	4,011					$	2,541
Total net intangible assets					$	4,875					$	3,142

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(1)Associated with the acquisition of Snyder's-Lance, Inc. (Snyder's-Lance).

Schedule of Indefinite-Lived Intangible Assets [Table Block]

The following table summarizes balance sheet information for intangible assets, excluding goodwill:

	April 28, 2024						July 30, 2023
(Millions)	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
Amortizable intangible assets
Customer relationships	$	1,062	$	(281)	$	781	$	830	$	(229)	$	601
Definite-lived trademarks	83		—		83		—		—		—
Total amortizable intangible assets	$	1,145	$	(281)	$	864	$	830	$	(229)	$	601
Indefinite-lived trademarks
Rao's					$	1,470					$	—
Snyder's of Hanover					620						620
Lance					350						350
Kettle Brand					318						318
Pace					292						292
Pacific Foods					280						280
Cape Cod					187						187
Various other Snacks(1)					494						494
Total indefinite-lived trademarks					$	4,011					$	2,541
Total net intangible assets					$	4,875					$	3,142

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(1)Associated with the acquisition of Snyder's-Lance, Inc. (Snyder's-Lance).