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Restructuring Charges (Tables)
12 Months Ended 36 Months Ended
Jul. 31, 2011
2011 Initiatives [Member]
Aug. 01, 2010
2008 Initiatives [Member]
Schedule Of Pre-Tax Charge And Remaining Costs

 

 

    Recognized 

    Remaining  

 

     Total     

         as of      

    Costs to be 

 

  Program 

  July 31, 2011            

    Recognized 

Severance pay and benefits

$           40

$                (37)

$                    3

Asset impairment/accelerated depreciation

             25

                  (22)

                      3

Other exit costs

             10

                     (4)

                      6

Total

$           75

$              (63)

$                12

 

       Change    

 

 

     Total     

            in         

    Recognized 

 

  Program 

    Estimate(1) 

    2008- 2010 

Severance pay and benefits

$           62

$                  (4)

$                 58

Asset impairment/accelerated depreciation

           158

                     (4)

                 154

Other exit costs

             10

                     (6)

                      4

Total

$        230

$                 (14)

$               216

____________

 

(1)

Primarily due to foreign currency translation.

Schedule Of Restructuring Activity And Related Reserves

 

      Accrued    

 

     2011     

      Accrued

 

     Balance at  

     2011     

     Cash     

     Balance at  

 

August 1, 2010         

   Charges  

  Payments 

  July 31, 2011            

Severance pay and benefits

$                  —

$           37

$             (2)

$                35

Asset impairment/accelerated depreciation

                     —

             22

 

 

Other exit costs

                     —

               4

               —

                     4

Total

$                  —

$           63

$             (2)

$                39

 

 

 

 

Severance Pay

and Benefits

Asset Impairment/

Accelerated Depreciation

Other Exit

Costs

 

Total

Accrued balance at July 29, 2007

$           —

 

 

 

2008 charge (1)

             45

 137

    —

$   182

Cash payments

             (4)

 

 

 

Pension termination benefits (2)

             (4)

 

 

 

Accrued balance at August 3, 2008

            37

 

 

 

2009 charge

              1

  17

    4

$    22

Cash payments

           (26)

 

 

 

Pension termination benefits (2)

             (2)

 

 

 

Foreign currency translation adjustment

             (6)

 

 

 

Accrued balance at August 2, 2009

              4

 

 

 

2010 charge

            12

  —

  —

$    12

Cash payments

             (3)

 

 

 

Pension termination benefits (2)

           (12)

 

 

 

Accrued balance at August 1, 2010

              1

 

 

 

Cash payments

             (1)

 

 

 

Accrued balance at July 31, 2011

$          

 

 

 

 

 

 

 

 

(1)  In 2008, as part of the initiatives, the company sold certain Australian salty snack food brands and assets, which were part of Global Baking and Snacking, and recorded a pre-tax net loss of $

(2)  Pension termination benefits are recognized in Other Liabilities and Accumulated Other Compensation Income/(Loss). See Note 11.

Schedule Of Restructuring Charges Associated With Each Reportable Segment

 

 

 

 

 

        U.S.

      Simple

       Meals  

 

 

        U.S.

    Beverages           

 

Global

Baking and

Snacking

 

 

International

Simple Meals

and Beverages

 

       North

     America

  Foodservice           

 

 

 

Corporate

 

 

 

    Total   

Severance pay and benefits

      $     10

      $       3

      $     12

   $         10

      $       1

      $       1

             $ 37

Asset impairment/accelerated depreciation

             20

             —

             —

                2

             —

              —

               22

Other exit costs

               1

             —

             —

               —

             —

               3

                   4

 

      $ 31

      $  3

      $  12

   $  12

      $  1

      $  4

             $ 63

 

 

 

Global

Baking and

Snacking

International

Simple Meals

and Beverages           

     North

   America

Foodservice         

 

 

Total 

Severance pay and benefits

    $    14

       $     9

     $  35

$     58

Asset impairment/accelerated depreciation

        131

            —

          23

     154

Other exit costs

             2

            —

            2

         4

 

    $  147

       $     9

     $  60

$  216