Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Oct. 27, 2024

Accumulated Other Comprehensive Income (Loss)

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 July 30, 2023	$	(1)	$	(4)	$	2	$	(3)
Other comprehensive income (loss) before reclassifications	(9)		6		—		(3)
Losses (gains) reclassified from accumulated other comprehensive income (loss)	—		—		—		—
Net current-period other comprehensive income (loss)	(9)		6		—		(3)
Balance at October 29, 2023	$	(10)	$	2	$	2	$	(6)

Balance at July 28, 2024	$	(10)	$	(9)	$	2	$	(17)
Other comprehensive income (loss) before reclassifications	(2)		—		5		3
Losses (gains) reclassified from accumulated other comprehensive income (loss)	—		1		—		1
Net current-period other comprehensive income (loss)	(2)		1		5		4
Balance at October 27, 2024	$	(12)	$	(8)	$	7	$	(13)

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(1)Included no tax as of October 27, 2024, July 28, 2024, October 29, 2023 and July 30, 2023.

(2)Included a tax benefit of $2 million as of October 27, 2024 and July 28, 2024, tax expense of $1 million as of October 29, 2023 and a tax benefit of $1 million as of July 30, 2023.

(3)Included tax expense of $3 million as of October 27, 2024, and $1 million as of July 28, 2024, October 29, 2023 and July 30, 2023.

Amounts related to noncontrolling interests were not material.

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


	Three Months Ended
(Millions)	October 27, 2024		October 29, 2023		Location of Loss (Gain) Recognized in Earnings







Losses (gains) on cash-flow hedges:




Forward starting interest rate swaps	$	1	$	—	Interest expense
Total before tax	$	1	$	—
Tax expense (benefit)	—		—
Loss (gain), net of tax	$	1	$	—