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Segment Information (Tables)
 9 Months Ended
Apr. 28, 2024
Segment Reporting [Abstract]  
Schedule Of Segment Reporting [Table Text Block]
Three Months EndedNine Months Ended
(Millions)April 28, 2024April 30, 2023April 28, 2024April 30, 2023
Net sales
Meals & Beverages$1,272 $1,108 $4,058 $3,971 
Snacks1,097 1,121 3,285 3,318 
Total$2,369 $2,229 $7,343 $7,289 
Three Months EndedNine Months Ended
(Millions)April 28, 2024April 30, 2023April 28, 2024April 30, 2023
Earnings before interest and taxes
Meals & Beverages$229 $182 $763 $762 
Snacks167 179 489 482 
Corporate income (expense)(1)
(135)(101)(312)(189)
Restructuring charges(2)
(13)(6)(17)(15)
Total$248 $254 $923 $1,040 
_______________________________________
(1)Represents unallocated items. Costs related to cost savings and optimization initiatives were $23 million and $68 million in the three- and nine-month periods ended April 28, 2024, and $27 million and $35 million in the three- and nine-month periods ended April 30, 2023, respectively. Unrealized mark-to-market adjustments on outstanding undesignated commodity hedges were gains of $13 million and $5 million in the three- and nine-month periods ended April 28, 2024, and losses of $9 million in the three- and nine-month periods ended April 30, 2023, respectively. Accelerated amortization expense related to customer relationship intangible assets was $6 million and $20 million in the three- and nine-month periods ended April 28, 2024, respectively. Costs of $77 million and $96 million associated with the acquisition of Sovos Brands were included in the three- and nine-month periods ended April 28, 2024, respectively. Litigation expenses related to the Plum baby food and snacks business, which was divested on May 3, 2021, were $3 million and were included in the nine-month period ended April 28, 2024. Costs of $3 million related to a cybersecurity incident were included in the nine-month period ended April 28, 2024. There were pension actuarial losses of $17 million and $26 million in the three- and nine-month periods ended April 30, 2023, respectively.
(2)See Note 7 for additional information.
Additional Product Information for Net Sales [Table Text Block]
Our net sales based on product categories are as follows:
Three Months EndedNine Months Ended
(Millions)April 28, 2024April 30, 2023April 28, 2024April 30, 2023
Net sales
Soup$577 $571 $2,278 $2,316 
Snacks1,152 1,169 3,452 3,463 
Other simple meals458 291 1,077 927 
Beverages182 198 536 583 
Total$2,369 $2,229 $7,343 $7,289