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Segment Information (Tables)
 12 Months Ended
Jul. 28, 2024
Segment Reporting [Abstract]  
Schedule Of Segment Reporting [Table Text Block]
(Millions)202420232022
Net sales
Meals & Beverages$5,258 $4,907 $4,607 
Snacks4,378 4,450 3,955 
Total$9,636 $9,357 $8,562 
(Millions)202420232022
Earnings before interest and taxes
Meals & Beverages$974 $894 $874 
Snacks648 640 517 
Corporate income (expense)(1)
(584)(206)(223)
Restructuring charges(2)
(38)(16)(5)
Total$1,000 $1,312 $1,163 
(Millions)202420232022
Depreciation and amortization
Meals & Beverages$163 $151 $131 
Snacks228 211 185 
Corporate(3)
20 25 21 
Total$411 $387 $337 
(Millions)202420232022
Capital expenditures
Meals & Beverages$147 $129 $76 
Snacks279 199 120 
Corporate(3)
91 42 46 
Total$517 $370 $242 
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(1)Represents unallocated items. Pension and postretirement actuarial gains and losses are included in Corporate. There were actuarial losses of $33 million in 2024, gains of $15 million in 2023, and losses of $44 million in 2022. Costs related to the cost savings and optimization initiatives were $92 million, $50 million and $26 million in 2024, 2023 and 2022, respectively. Unrealized mark-to-market adjustments on outstanding undesignated commodity hedges were losses of $22 million in 2024, gains of $21 million in 2023, and losses of $59 million in 2022. Accelerated amortization expense related to customer relationship intangible assets was $27 million and $7 million in 2024 and 2023, respectively. Costs associated with the acquisition of Sovos Brands were $105 million and $5 million in 2024 and 2023, respectively. Intangible asset impairment charges were $129 million in 2024. Costs of $3 million related to a cybersecurity incident were included in 2024. Litigation expenses related to the Plum baby food and snacks business, which was divested on May, 3, 2021, and certain other litigation matters were $5 million and were included in 2024. A loss of $13 million on the sale of our Emerald nuts business was included in 2023.
(2)See Note 8 for additional information.
(3)Represents primarily corporate offices and enterprise-wide information technology systems.
Additional Product Information for Net Sales [Table Text Block]
Our net sales based on product categories are as follows:
(Millions)202420232022
Net sales
Soup$2,709 $2,740 $2,615 
Snacks4,597 4,643 4,103 
Other simple meals1,618 1,205 1,091 
Beverages712 769 753 
Total$9,636 $9,357 $8,562