v3.25.2
Segment Reporting (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 03, 2025
Jul. 28, 2024
Jul. 30, 2023
Segment Reporting Information [Line Items]      
Net sales $ 10,253 $ 9,636 $ 9,357
Cost of products sold 7,134 6,665 6,440
Segment operating earnings 1,636 1,622 1,534
Other General Expense [1] 488 584 206
Restructuring Charges [2] 24 38 16
Earnings before interest and taxes 1,124 1,000 1,312
Interest expense 345 249 188
Interest income 17 6 4
Earnings before taxes 796 757 1,128
Accelerated Amortization of Intangible Assets (20) (27) (7)
Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill) [3] (176) (129) 0
Gain (Loss) on Disposition of Business [4] (25) 0 (13)
Costs Associated with Acquisition [5] $ 0 $ (35) $ (5)
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill), Statement of Income or Comprehensive Income [Extensible Enumeration] Other expenses / (income) Other expenses / (income) Other expenses / (income)
Sovos Brands Acquisition      
Segment Reporting Information [Line Items]      
Costs Associated with Acquisition   $ (128)  
Meals & Beverages [Member]      
Segment Reporting Information [Line Items]      
Net sales $ 6,050 5,258 $ 4,907
Cost of products sold 4,140 3,532 3,292
Segment Reporting, Other Segment Item, Amount [6] 834 752 721
Segment operating earnings 1,076 974 894
Snacks [Member]      
Segment Reporting Information [Line Items]      
Net sales 4,203 4,378 4,450
Cost of products sold 2,970 3,063 3,151
Segment Reporting, Other Segment Item, Amount [6] 673 667 659
Segment operating earnings 560 648 640
Corporate Segment and Other Operating Segment [Member]      
Segment Reporting Information [Line Items]      
Defined Benefit Plan, Actuarial (Gain) Loss 24 33 (15)
Other Restructuring Costs (101) (92) (50)
Unrealized Gain (Loss) on Commodity Contracts 11 (22) 21
Accelerated Amortization of Intangible Assets (20) (27) (7)
Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill) (176) (129)  
Cybersecurity Incident Recoveries (Costs) 1 (3)  
Plum and Certain Other Litigation Expenses (5) $ (5)  
Gain (Loss) on Disposition of Business $ (25)   $ (13)
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Immediate Recognition of Actuarial Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Other expenses / (income) Other expenses / (income) Other expenses / (income)
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill), Statement of Income or Comprehensive Income [Extensible Enumeration] Other expenses / (income) Other expenses / (income)  
Corporate Segment and Other Operating Segment [Member] | Sovos Brands Acquisition      
Segment Reporting Information [Line Items]      
Costs Associated with Acquisition   $ (105) $ (5)
[1] Represents unallocated items. Pension and postretirement actuarial gains and losses are included in Corporate. There were actuarial losses of $24 million in 2025, losses of $33 million in 2024 and gains of $15 million in 2023. Costs related to the cost savings and optimization initiatives were $101 million, $92 million and $50 million in 2025, 2024 and 2023, respectively. Unrealized mark-to-market adjustments on outstanding undesignated commodity hedges were gains of $11 million in 2025, losses of $22 million in 2024 and gains of $21 million in 2023. Accelerated amortization expense related to customer relationship intangible assets was $20 million, $27 million and $7 million in 2025, 2024 and 2023,
respectively. Intangible asset impairment charges were $176 million and $129 million in 2025 and 2024, respectively. Insurance recoveries of $1 million and costs of $3 million related to a cybersecurity incident were included in 2025 and 2024, respectively. Litigation expenses related to the Plum baby food and snacks business, which was divested on May 3, 2021, and certain other litigation matters were $5 million in 2025 and 2024. A loss on the sale of our Pop Secret popcorn business of $25 million was included in 2025 and a loss on the sale of our Emerald nuts business of $13 million was included in 2023. Costs associated with the acquisition of Sovos Brands were $105 million and $5 million in 2024 and 2023, respectively.
[2] See Note 8 for additional information.
[3] See Note 6 for additional information.
[4] See Note 4 for additional information.
[5] Related to the acquisition of Sovos Brands. See Note 3 for additional information.
[6] Other segment items for each of the reportable segments includes marketing and selling expenses, administrative expenses, research and development expenses and expense for amortization of intangible assets.