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Revenue and segment information (Tables)
6 Months Ended
Jan. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting
Segment results were as follows:
Three months endedSix months ended
January 31,January 31,
(In millions)2025202420252024
Net sales:
United States$6,553 $6,364 $13,922 $13,693 
Canada319 309 722 688 
Total net sales$6,872 $6,673 $14,644 $14,381 
Adjusted operating profit:
United States$455 $525 $1,152 $1,291 
Canada11 34 32 
Central and other costs(17)(14)(31)(30)
Corporate restructurings(1)
— (8)(3)(8)
Amortization of acquired intangible assets(39)(35)(77)(69)
Interest expense, net(48)(44)(94)(89)
Other income (expense), net— 13 (3)
Income before income taxes$370 $433 $994 $1,124 
(1)For the six months ended January 31, 2025, corporate restructurings primarily related to incremental costs in connection with transition activities following the establishment of our parent company’s domicile in the United States. For the three and six months ended January 31, 2024, corporate restructuring costs related to incremental costs in connection with establishing a new corporate structure to domicile our ultimate parent company in the United States.
The disaggregated net sales by end market are as follows:
Three months endedSix months ended
January 31,January 31,
(In millions)2025202420252024
United States:
Residential$3,371 $3,299 $7,118 $7,039 
Non-residential:
Commercial2,188 2,122 4,653 4,592 
Civil/Infrastructure555 508 1,205 1,141 
Industrial439 435 946 921 
Total Non-residential3,182 3,065 6,804 6,654 
Total United States6,553 6,364 13,922 13,693 
Canada319 309 722 688 
Total net sales$6,872 $6,673 $14,644 $14,381