Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Jul. 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 August 1, 2021	$	6	$	(4)	$	3	$	5
Other comprehensive income (loss) before reclassifications	(6)		14		—		8
Losses (gains) reclassified from accumulated other comprehensive income (loss)	—		(10)		(1)		(11)
Net current-period other comprehensive income (loss)	(6)		4		(1)		(3)
Balance at July 31, 2022	$	—	$	—	$	2	$	2
Other comprehensive income (loss) before reclassifications	(1)		4		—		3
Losses (gains) reclassified from accumulated other comprehensive income (loss)	—		(8)		—		(8)
Net current-period other comprehensive income (loss)	(1)		(4)		—		(5)
Balance at July 30, 2023	$	(1)	$	(4)	$	2	$	(3)
Other comprehensive income (loss) before reclassifications	(9)		(4)		—		(13)
Losses (gains) reclassified from accumulated other comprehensive income (loss)	—		(1)		—		(1)
Net current-period other comprehensive income (loss)	(9)		(5)		—		(14)
Balance at July 28, 2024	$	(10)	$	(9)	$	2	$	(17)

_____________________________________

(1)Included no tax as of July 28, 2024, July 30, 2023, July 31, 2022, and August 1, 2021.

(2)Included a tax benefit of $2 million as of July 28, 2024, and $1 million as of July 30, 2023, no tax as of July 31, 2022, and a tax benefit of $1 million as of August 1, 2021.

(3)Included tax expense of $1 million as of July 28, 2024, July 30, 2023, July 31, 2022, and August 1, 2021.

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

The amounts reclassified from Accumulated other comprehensive income (loss) consisted of the following:

(Millions)	2024		2023		2022		Location of Loss (Gain) Recognized in Earnings
Losses (gains) on cash-flow hedges:
Commodity contracts	$	—	$	(3)	$	(14)	Cost of products sold
Foreign exchange contracts	(3)		(8)		1		Cost of products sold
Forward starting interest rate swaps	2		1		1		Interest expense
Total before tax	(1)		(10)		(12)
Tax expense (benefit)	—		2		2
Loss (gain), net of tax	$	(1)	$	(8)	$	(10)
Pension and postretirement benefit adjustments:
Prior service credit	$	—	$	—	$	(1)	Other expenses / (income)
Tax expense (benefit)	—		—		—
Loss (gain), net of tax	$	—	$	—	$	(1)