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Accumulated Other Comprehensive Income (Loss)
9 Months Ended
Apr. 27, 2025
Equity [Abstract]  
Accumulated Other Comprehensive Income 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)$$(3)
Other comprehensive income (loss) before reclassifications(6)(5)— (11)
Losses (gains) reclassified from accumulated other comprehensive income (loss)— (1)— (1)
Net current-period other comprehensive income (loss)(6)(6)— (12)
Balance at April 28, 2024
$(7)$(10)$$(15)
Balance at July 28, 2024
$(10)$(9)$$(17)
Other comprehensive income (loss) before reclassifications(1)(2)5 2 
Losses (gains) reclassified from accumulated other comprehensive income (loss)
    
Net current-period other comprehensive income (loss)(1)(2)5 2 
Balance at April 27, 2025
$(11)$(11)$7 $(15)
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(1)Included no tax as of April 27, 2025, July 28, 2024, April 28, 2024 and July 30, 2023.
(2)Included a tax benefit of $2 million as of April 27, 2025 and July 28, 2024, $3 million as of April 28, 2024 and $1 million as of July 30, 2023.
(3)Included tax expense of $2 million as of April 27, 2025, and $1 million as of July 28, 2024, April 28, 2024 and July 30, 2023.
Amounts related to noncontrolling interests were not material.
The amounts reclassified from Accumulated other comprehensive income (loss) consisted of the following:
Three Months EndedNine Months Ended
(Millions)April 27, 2025April 28, 2024April 27, 2025April 28, 2024Location of Loss (Gain) Recognized in Earnings
Losses (gains) on cash-flow hedges:
Foreign exchange contracts$(1)$— $(2)$(2)Cost of products sold
Forward starting interest rate swaps1 — 2 Interest expense
Total before tax$ $— $ $(1)
Tax expense (benefit) —  — 
Loss (gain), net of tax$ $— $ $(1)
Pension and postretirement benefit adjustments:
Prior service credit$(1)$— $(1)$— Other expenses / (income)
Tax expense (benefit)1 — 1 — 
Loss (gain), net of tax$ $— $ $—