| Schedule of Business Segment Information |
The following table provides information by reportable segment, including Net sales, Adjusted EBITDA, with a reconciliation to Loss before income taxes, depreciation and amortization, and payments for capital expenditures: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 13-Week Period Ended | | 39-Week Period Ended | | (in millions) | | May 3, 2025 | | April 27, 2024 | | May 3, 2025 | | April 27, 2024 | | Net sales: | | | | | | | | | Wholesale(1) | | $ | 7,776 | | | $ | 7,236 | | | $ | 23,238 | | | $ | 22,004 | | | Retail | | 573 | | | 571 | | | 1,769 | | | 1,808 | | | Other | | 56 | | | 50 | | | 167 | | | 162 | | | Eliminations | | (346) | | | (359) | | | (1,086) | | | (1,149) | | | Total Net sales | | $ | 8,059 | | | $ | 7,498 | | | $ | 24,088 | | | $ | 22,825 | | | Adjusted EBITDA: | | | | | | | | | | Wholesale | | $ | 158 | | | $ | 125 | | | $ | 425 | | | $ | 360 | | | Retail | | 1 | | | (3) | | | 7 | | | 4 | | | Other | | (3) | | | 7 | | | 3 | | | 14 | | | Eliminations | | 1 | | | 1 | | | 1 | | | (3) | | | Adjustments: | | | | | | | | | | Net income attributable to noncontrolling interests | | — | | | 1 | | | 2 | | | 2 | | | Net periodic benefit income, excluding service cost | | 5 | | | 4 | | | 15 | | | 11 | | | Interest expense, net | | (36) | | | (37) | | | (110) | | | (112) | | | Other income, net | | — | | | 1 | | | 3 | | | 2 | | | Depreciation and amortization | | (81) | | | (76) | | | (242) | | | (228) | | | Share-based compensation | | (10) | | | (10) | | | (28) | | | (26) | | | LIFO (benefit) charge | | 5 | | | (6) | | | (5) | | | (19) | | | Restructuring, acquisition and integration related expenses | | (14) | | | (9) | | | (35) | | | (17) | | | Loss on sale of assets and other asset charges | | (28) | | | (13) | | | (39) | | | (37) | | | | | | | | | | | | | | | | | | | | Business transformation costs | | (14) | | | (11) | | | (40) | | | (40) | | | Other adjustments | | — | | | — | | | (2) | | | (4) | | Loss before income taxes | | $ | (16) | | | $ | (26) | | | $ | (45) | | | $ | (93) | | | Depreciation and amortization: | | | | | | | | | | Wholesale | | $ | 72 | | | $ | 67 | | | $ | 211 | | | $ | 200 | | | Retail | | 8 | | | 9 | | | 26 | | | 25 | | | Other | | 1 | | | — | | | 5 | | | 3 | | | Total depreciation and amortization | | $ | 81 | | | $ | 76 | | | $ | 242 | | | $ | 228 | | | Payments for capital expenditures: | | | | | | | | | | Wholesale | | $ | 45 | | | $ | 68 | | | $ | 143 | | | $ | 203 | | | Retail | | 9 | | | 8 | | | 14 | | | 14 | | | Total capital expenditures | | $ | 54 | | | $ | 76 | | | $ | 157 | | | $ | 217 | |
(1)The Company recorded $290 million and $300 million for the third quarters of fiscal 2025 and 2024, respectively, and $911 million and $951 million in fiscal 2025 and 2024 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) | | May 3, 2025 | | August 3, 2024 | | Assets: | | | | | | Wholesale | | $ | 6,634 | | | $ | 6,563 | | | Retail | | 574 | | | 606 | | | Other | | 470 | | | 401 | | | Eliminations | | (61) | | | (42) | | | Total assets | | $ | 7,617 | | | $ | 7,528 | |
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