v3.25.2
DERIVATIVES (Tables)
 12 Months Ended
Aug. 02, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
Details of active swap contracts as of August 2, 2025, which are all pay fixed and receive floating, are as follows:
Effective DateSwap MaturityNotional Value (in millions)Pay Fixed RateReceive Floating RateFloating Rate Reset Terms
October 26, 2018October 22, 2025$50 2.8725 %One-Month Term SOFRMonthly
November 16, 2018October 22, 202550 2.8750 %One-Month Term SOFRMonthly
November 16, 2018October 22, 202550 2.8380 %One-Month Term SOFRMonthly
January 24, 2019October 22, 202550 2.4750 %One-Month Term SOFRMonthly
December 29, 2023June 3, 2027100 3.7525 %One-Month Term SOFRMonthly
December 29, 2023June 3, 2027100 3.7770 %One-Month Term SOFRMonthly
June 25, 2024June 30, 202850 4.1175 %One-Month Term SOFRMonthly
June 25, 2024June 30, 202850 4.1300 %One-Month Term SOFRMonthly
October 31, 2024October 30, 2026100 3.5965 %One-Month Term SOFRMonthly
October 31, 2024October 30, 2026100 3.6000 %One-Month Term SOFRMonthly
October 31, 2024October 30, 202650 3.6000 %One-Month Term SOFRMonthly
$750 
Schedule of Interest Rate Derivatives
The location and amount of gains or losses recognized in the Consolidated Statements of Operations for interest rate swap contracts for each of the periods, presented on a pre-tax basis, are as follows:
Interest Expense, net
(In millions)202520242023
Total amounts of expense line items presented in the Consolidated Statements of Operations in which the effects of cash flow hedges are recorded
$146 $162 $144 
Gain on cash flow hedging relationships:
Gain reclassified from comprehensive (loss) income into earnings
$9 $19 $12