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COMPREHENSIVE INCOME (LOSS) AND ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
12 Months Ended
Aug. 01, 2026
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Loss
Changes in Accumulated other comprehensive loss by component, net of tax, for fiscal 2026, 2025 and 2024 are as follows:
(in millions)Other Cash Flow DerivativesBenefit PlansForeign CurrencySwap AgreementsTotal
Accumulated other comprehensive (loss) income at July 29, 2023$— $(21)$(21)$14 $(28)
Other comprehensive (loss) income before reclassifications(2)(3)(3)(1)(9)
Amortization of amounts included in net periodic benefit income— 2 — — 2 
Amortization of cash flow hedges2 — — (14)(12)
Net current period Other comprehensive (loss) income — (1)(3)(15)(19)
Accumulated other comprehensive loss at August 3, 2024$— $(22)$(24)$(1)$(47)
Other comprehensive (loss) income before reclassifications(1)5 1 4 9 
Amortization of amounts included in net periodic benefit income— 1 — — 1 
Amortization of cash flow hedges1 — — (6)(5)
Net current period Other comprehensive income (loss)— 6 1 (2)5 
Accumulated other comprehensive loss at August 2, 2025$— $(16)$(23)$(3)$(42)
Other comprehensive income (loss) before reclassifications5 (1)(1)5 8 
Amortization of amounts included in net periodic benefit income— (1)— — (1)
Amortization of cash flow hedges(2)— — (1)(3)
Net current period Other comprehensive income (loss)3 (2)(1)4 4 
Accumulated other comprehensive income (loss) at August 1, 2026$3 $(18)$(24)$1 $(38)
Schedule of Reclassification Out of Accumulated Other Comprehensive Loss
Items reclassified out of Accumulated other comprehensive loss had the following impact on the Consolidated Statements of Operations:
(in millions)202620252024
Affected Line Item on the Consolidated Statements of Operations
Pension and postretirement benefit plan obligations:
Amortization of amounts included in net periodic benefit (income) cost(1)
$(1)$1 $2 Net periodic benefit income, excluding service cost
Income tax benefit— — — Provision (benefit) for income taxes
Total reclassifications, net of tax$(1)$1 $2 
Swap agreements:
Reclassification of cash flow hedge$(1)$(9)$(19)Interest expense, net
Income tax expense— 3 5 Provision (benefit) for income taxes
Total reclassifications, net of tax$(1)$(6)$(14)
Other cash flow hedges:
Reclassification of cash flow hedge$(3)$2 $2 Cost of sales
Income tax expense (benefit)1 (1)— Provision (benefit) for income taxes
Total reclassifications, net of tax$(2)$1 $2 
(1)Reclassification of amounts included in net periodic benefit (income) cost include reclassification of net actuarial gain and reclassification of prior service cost as reflected in Note 13—Benefit Plans.