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BUSINESS SEGMENTS
 9 Months Ended
Apr. 27, 2024
Segment Reporting [Abstract]  
BUSINESS SEGMENTS
NOTE 14—BUSINESS SEGMENTS

The Company has two reportable segments: Wholesale and Retail. These reportable segments are two distinct businesses, each with a different customer base, marketing strategy and management structure. The Company organizes and operates the Wholesale reportable segment through three U.S geographic regions: East, Central and West, and Canada Wholesale, which is operated separately from the U.S. Wholesale business. The U.S. Wholesale and Canada Wholesale operating segments have similar products and services, customer channels, distribution methods and economic characteristics, and therefore have been aggregated into a single reportable segment. Reportable segments are reviewed on an annual basis, or more frequently if events or circumstances indicate a change in reportable segments has occurred.
The following table provides information by reportable segment, including Net sales, Adjusted EBITDA, with a reconciliation to (Loss) income before income taxes, depreciation and amortization, and payments for capital expenditures:
13-Week Period Ended39-Week Period Ended
 (in millions)April 27, 2024April 29, 2023April 27, 2024April 29, 2023
Net sales:
Wholesale(1)
$7,236 $7,235 $22,004 $22,008 
Retail571 598 1,808 1,871 
Other50 56 162 172 
Eliminations(359)(382)(1,149)(1,196)
Total Net sales$7,498 $7,507 $22,825 $22,855 
Adjusted EBITDA:
Wholesale$125 $143 $360 $451 
Retail(3)18 4 66 
Other7 (1)14 33 
Eliminations1 (1)(3)(3)
Adjustments:
Net income attributable to noncontrolling interests1 1 2 5 
Net periodic benefit income, excluding service cost4 8 11 22 
Interest expense, net(37)(35)(112)(109)
Other income, net1 1 2 2 
Depreciation and amortization(76)(77)(228)(224)
Share-based compensation(10)(10)(26)(33)
LIFO charge(6)(33)(19)(83)
Restructuring, acquisition and integration related (expenses) benefits(9)4 (17)(1)
Loss on sale of assets and other asset charges(13)(4)(37)— 
Business transformation costs
(11)(7)(40)(16)
Other adjustments— — (4)— 
(Loss) income before income taxes
$(26)$7 $(93)$110 
Depreciation and amortization:
Wholesale$67 $66 $200 $192 
Retail9 9 25 27 
Other— 2 3 5 
Total depreciation and amortization$76 $77 $228 $224 
Payments for capital expenditures:
Wholesale$68 $64 $203 $195 
Retail8 3 14 23 
Total capital expenditures$76 $67 $217 $218 
(1)As presented in Note 3—Revenue Recognition, the Company recorded $300 million and $319 million for the third quarters of fiscal 2024 and 2023, respectively, and $951 million and $1,006 million in fiscal 2024 and 2023 year-to-date, respectively, within Net sales in its Wholesale reportable segment attributable to Wholesale to Retail sales that have been eliminated upon consolidation.

Total assets by reportable segment were as follows:
(in millions)April 27, 2024July 29, 2023
Assets:
Wholesale$6,635 $6,405 
Retail616 648 
Other393 377 
Eliminations(59)(36)
Total assets$7,585 $7,394