v3.25.1
Leases (Tables)
 9 Months Ended
Apr. 27, 2025
Leases [Abstract]  
Lease, Cost
The components of lease costs were as follows:
Three Months EndedNine Months Ended
(Millions)April 27, 2025April 28, 2024April 27, 2025April 28, 2024
Operating lease cost(1)
$28 $25 $84 $73 
Finance lease - amortization of right-of-use (ROU) assets7 6 21 14 
Finance lease - interest on lease liabilities1 1 3 1 
Short-term lease cost14 15 44 50 
Variable lease cost55 57 179 159 
Total$105 $104 $331 $297 
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(1)    Excludes costs associated with the cost savings initiatives described in Note 8.
Schedule of Leases Reported in Balance Sheet
The following tables summarize the lease amounts recorded in the Consolidated Balance Sheets:
Operating Leases
(Millions)Balance Sheet ClassificationApril 27, 2025July 28,
2024
ROU assets, netOther assets$339 $333 
Lease liabilities (current)Accrued liabilities$97 $90 
Lease liabilities (noncurrent)Other liabilities$272 $268 
Finance Leases
(Millions)Balance Sheet ClassificationApril 27, 2025July 28,
2024
ROU assets, netPlant assets, net of depreciation$70 $72 
Lease liabilities (current)Short-term borrowings$31 $25 
Lease liabilities (noncurrent)Long-term debt$42 $46 
Schedule of Supplemental Cash Flow Information Related to Leases
The following table summarizes cash flow and other information related to leases:
Nine Months Ended
(Millions)April 27, 2025April 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