Goodwill And Intangible Assets (Tables)

6 Months Ended

Jan. 26, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

The following table shows the changes in the carrying amount of goodwill:

(Millions)	Meals & Beverages		Snacks		Total
Net balance at July 28, 2024	$	2,102	$	2,975	$	5,077
Divestiture(1)	—		(21)		(21)
Amounts reclassified to Assets of business held for sale(2)	(65)		—		(65)
Foreign currency translation adjustment	(3)		—		(3)
Net balance at January 26, 2025	$	2,034	$	2,954	$	4,988

____________________________________

(1)On August 26, 2024, we sold our Pop Secret popcorn business. See Note 4 for additional information.

(2)See Note 4 for additional information on our noosa yoghurt business.

Schedule of Finite-Lived Intangible Assets [Table Text Block]

The following table summarizes balance sheet information for intangible assets, excluding goodwill:

	January 26, 2025								July 28, 2024
(Millions)	Cost		Accumulated Amortization		Amounts reclassified to Assets of business held for sale(1)		Net		Cost		Accumulated Amortization		Net
Amortizable intangible assets
Customer relationships	$	1,060	$	(338)	$	(17)	$	705	$	1,060	$	(300)	$	760
Definite-lived trademarks	76		(2)		(72)		2		76		(2)		74
Total amortizable intangible assets	$	1,136	$	(340)	$	(89)	$	707	$	1,136	$	(302)	$	834
Indefinite-lived trademarks
Rao's							$	1,470					$	1,470
Snyder's of Hanover							620						620
Lance							350						350
Kettle Brand							318						318
Pace							292						292
Pacific Foods							280						280
Cape Cod							187						187
Various other Snacks(2) (3)							311						365
Total indefinite-lived trademarks							$	3,828					$	3,882
Total net intangible assets							$	4,535					$	4,716

____________________________________

(1)See Note 4 for additional information on our noosa yoghurt business.

(2)The carrying amount as of July 28, 2024 included the $28 million Pop Secret trademark, which was divested with the sale of the business in 2025. See Note 4 for additional information.

(3)Includes the Late July and Allied brands trademarks.

Schedule of Indefinite-Lived Intangible Assets [Table Block]

The following table summarizes balance sheet information for intangible assets, excluding goodwill:

	January 26, 2025								July 28, 2024
(Millions)	Cost		Accumulated Amortization		Amounts reclassified to Assets of business held for sale(1)		Net		Cost		Accumulated Amortization		Net
Amortizable intangible assets
Customer relationships	$	1,060	$	(338)	$	(17)	$	705	$	1,060	$	(300)	$	760
Definite-lived trademarks	76		(2)		(72)		2		76		(2)		74
Total amortizable intangible assets	$	1,136	$	(340)	$	(89)	$	707	$	1,136	$	(302)	$	834
Indefinite-lived trademarks
Rao's							$	1,470					$	1,470
Snyder's of Hanover							620						620
Lance							350						350
Kettle Brand							318						318
Pace							292						292
Pacific Foods							280						280
Cape Cod							187						187
Various other Snacks(2) (3)							311						365
Total indefinite-lived trademarks							$	3,828					$	3,882
Total net intangible assets							$	4,535					$	4,716

____________________________________

(1)See Note 4 for additional information on our noosa yoghurt business.

(2)The carrying amount as of July 28, 2024 included the $28 million Pop Secret trademark, which was divested with the sale of the business in 2025. See Note 4 for additional information.

(3)Includes the Late July and Allied brands trademarks.