Short-term Borrowings and Long-term Debt (Tables)

12 Months Ended

Jul. 28, 2024

Debt Disclosure [Abstract]

Schedule of Short-term Debt [Table Text Block]

Short-term borrowings consist of the following:

(Millions)	2024		2023
Commercial paper	$	250	$	178
Notes	1,150		—
Finance leases	25		13
Other(1)	(2)		—
Total short-term borrowings	$	1,423	$	191

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(1)Includes unamortized net discount/premium on debt issuances and debt issuance costs.

Schedule of Long-term Debt Instruments [Table Text Block]

Long-term debt consists of the following:

(Millions)	2024		2023
3.95% Notes due March 15, 2025	$	850	$	850
3.30% Notes due March 19, 2025	300		300
Variable-rate term loan due November 15, 2025	400		500
5.30% Notes due March 20, 2026	400		—
5.20% Notes due March 19, 2027	500		—
4.15% Notes due March 15, 2028	1,000		1,000
5.20% Notes due March 21, 2029	600		—
2.375% Notes due April 24, 2030	500		500
5.40% Notes due March 21, 2034	1,000		—
3.80% Notes due August 2, 2042	163		163
4.80% Notes due March 15, 2048	700		700
3.125% Notes due April 24, 2050	500		500
Finance leases	46		15
Other(1)	(48)		(30)
Total	$	6,911	$	4,498
Less current portion	1,150		—
Total long-term debt	$	5,761	$	4,498

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(1)Includes unamortized net discount/premium on debt issuances and debt issuance costs.

Schedule of Maturities of Long-term Debt [Table Text Block]

Principal amounts of long-term debt, including finance lease obligations, maturing over the next five years are as follows:

(Millions)
2025	$	1,175
2026	$	819
2027	$	506
2028	$	1,004
2029	$	603
Thereafter	$	2,877