XML 57 R40.htm IDEA: XBRL DOCUMENT v3.24.3
Stock-based Compensation (Tables)
3 Months Ended
Oct. 27, 2024
Stock-based Compensation  
Summary of Stock-based Compensation Expense [Table Text Block] Total pre-tax stock-based compensation expense and tax-related benefits recognized in the Consolidated Statements of Earnings were as follows:
Three Months Ended
(Millions)October 27, 2024October 29, 2023
Total pre-tax stock-based compensation expense$19 $17 
Tax-related benefits$6 $
Share-based Payment Arrangement, Option [Member]  
Stock-based Compensation  
Schedule Of Stock Option Activity [Table Text Block]
The following table summarizes stock option activity:
OptionsWeighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Life
Aggregate
Intrinsic
Value
(In thousands) (In years)(Millions)
Outstanding at July 28, 2024
779 $45.33 
Granted— $— 
Exercised— $— 
Terminated— $— 
Outstanding at October 27, 2024
779 $45.33 2.9$
Exercisable at October 27, 2024
779 $45.33 2.9$
Time Lapse, EPS Performance, and Replacement Restricted Stock Units [Member]  
Stock-based Compensation  
Time-Lapse, EPS Performance, and Replacement Restricted Stock Units [Table Text Block]
The following table summarizes time-lapse restricted stock units and EPS performance restricted stock units activity:
UnitsWeighted-Average Grant-Date Fair Value
(In thousands) 
Nonvested at July 28, 2024
3,300 $43.24 
Granted1,366 $48.36 
Vested(1,190)$42.68 
Forfeited(42)$43.34 
Nonvested at October 27, 2024
3,434 $45.47 
TSR Performance Restricted Stock/Units [Member]  
Stock-based Compensation  
TSR Performance Restricted Stock Units [Table Text Block]
The following table summarizes TSR performance restricted stock units activity:
UnitsWeighted-Average Grant-Date Fair Value
(In thousands) 
Nonvested at July 28, 2024
873 $47.40 
Granted549 $47.33 
Vested(464)$45.52 
Forfeited(12)$47.40 
Nonvested at October 27, 2024
946 $48.28 
Schedule Of Share Based Payment Award Valuation Assumptions [Table Text Block]
Assumptions used in the Monte Carlo simulation were as follows:
 20252024
Risk-free interest rate3.52%4.84%
Expected dividend yield3.01%3.54%
Expected volatility22.46%22.16%
Expected term3 years3 years