Comprehensive Income

12 Months Ended

Jul. 31, 2011

Comprehensive Income

Comprehensive Income

4.  Comprehensive Income

Total comprehensive income is comprised of net earnings, net foreign currency translation adjustments, pension and postretirement benefit adjustments (see Note 11), and net unrealized gains and losses on cash-flow hedges (see Note 14). Total comprehensive income for the twelve months ended July 31, 2011, August 1, 2010, and August 2, 2009 was $1,111, $826, and $154, respectively.

The components of Accumulated other comprehensive income (loss), as reflected in the Statements of Equity, consisted of the following:

	2011	2010
Foreign currency translation adjustments, net of tax(1)	$    396	$    132
Cash-flow hedges, net of tax(2)	(20)	(18)
Unamortized pension and postretirement benefits, net of tax(3):
Net actuarial loss	(809)	(856)
Prior service credit	6	6
Total Accumulated other comprehensive loss	$   (427)	$   (736)

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(1)	Includes a tax expense of $4 in 2011 and a tax benefit of $1 in 2010.  The amount related to noncontrolling interests was not material.
(2)	Includes a tax benefit of $11 in 2011 and $10 in 2010.
(3)	Includes a tax benefit of $459 in 2011 and $489 in 2010.