v3.24.1.1.u2
Pension And Postretirement Benefits
 9 Months Ended
Apr. 28, 2024
Retirement Benefits [Abstract]  
Pension And Postretirement Benefits Pension and Postretirement Benefits
Components of net periodic benefit expense (income) were as follows:
Three Months EndedNine Months Ended
PensionPostretirementPensionPostretirement
(Millions)April 28, 2024April 30, 2023April 28, 2024April 30, 2023April 28, 2024April 30, 2023April 28, 2024April 30, 2023
Service cost$4 $3 $— $— $10 $10 $— $— 
Interest cost16 19 2 2 49 55 6 5 
Expected return on plan assets(20)(24)— — (60)(76)— — 
Actuarial losses (gains)— 17 — — — 26 — — 
Net periodic benefit expense (income)$— $15 $2 $2 $(1)$15 $6 $5 
The actuarial losses for the three- and nine-month periods ended April 30, 2023 resulted from the remeasurement of certain U.S. pension plans due to lump sum distributions that exceeded or were expected to exceed service and interest costs resulting in settlement accounting for these plans. The actuarial losses recognized for the three-month period ended April 30, 2023 were primarily due to decreases in discount rates used to determine the benefit obligation and plan experience, partially offset by gains on plan assets. The actuarial losses recognized for the nine-month period ended April 30, 2023 were primarily due to losses on plan assets and plan experience, partially offset by increases in discount rates used to determine the benefit obligation.