| Leases The components of lease costs were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | (Millions) | | April 27, 2025 | | April 28, 2024 | | April 27, 2025 | | April 28, 2024 | Operating lease cost(1) | | $ | 28 | | | $ | 25 | | | $ | 84 | | | $ | 73 | | | Finance lease - amortization of right-of-use (ROU) assets | | 7 | | | 6 | | | 21 | | | 14 | | | Finance lease - interest on lease liabilities | | 1 | | | 1 | | | 3 | | | 1 | | | Short-term lease cost | | 14 | | | 15 | | | 44 | | | 50 | | | Variable lease cost | | 55 | | | 57 | | | 179 | | | 159 | | | | | | | | | | | | Total | | $ | 105 | | | $ | 104 | | | $ | 331 | | | $ | 297 | |
___________________________________________ (1) Excludes costs associated with the cost savings initiatives described in Note 8. The following tables summarize the lease amounts recorded in the Consolidated Balance Sheets: | | | | | | | | | | | | | | | | | | | | | | | Operating Leases | | (Millions) | | Balance Sheet Classification | | April 27, 2025 | | July 28,
2024 | | ROU assets, net | | Other assets | | $ | 339 | | | $ | 333 | | | Lease liabilities (current) | | Accrued liabilities | | $ | 97 | | | $ | 90 | | | Lease liabilities (noncurrent) | | Other liabilities | | $ | 272 | | | $ | 268 | | | | | | | | | | | | | | | | | | | | | | | | | Finance Leases | | (Millions) | | Balance Sheet Classification | | April 27, 2025 | | July 28,
2024 | | ROU assets, net | | Plant assets, net of depreciation | | $ | 70 | | | $ | 72 | | | Lease liabilities (current) | | Short-term borrowings | | $ | 31 | | | $ | 25 | | | Lease liabilities (noncurrent) | | Long-term debt | | $ | 42 | | | $ | 46 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
The following table summarizes cash flow and other information related to leases: | | | | | | | | | | | | | | | | | | | Nine Months Ended | | | | (Millions) | | April 27, 2025 | | April 28, 2024 | | | Cash paid for amounts included in the measurement of lease liabilities: | | | | | | | | Operating cash flows from operating leases | | $ | 80 | | | $ | 70 | | | | | Operating cash flows from finance leases | | $ | 3 | | | $ | 1 | | | | | Financing cash flows from finance leases | | $ | 23 | | | $ | 15 | | | | | | | | | | | | ROU assets obtained in exchange for lease obligations: | | | | | | | | Operating leases | | $ | 82 | | | $ | 78 | | | | Finance leases | | $ | 33 | | | $ | 35 | | | | | | | | | | | | ROU assets obtained with business acquired: | | | | | | | | Operating leases | | | | $ | 15 | | | | Finance leases | | | | $ | 13 | | | |
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