v3.25.2
BUSINESS SEGMENTS (Tables)
 12 Months Ended
Aug. 02, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables provide financial information for each reportable segment and Corporate and Other, along with a reconciliation to (Loss) income before income taxes:

2025
(in millions)NaturalConventionalRetailCorporate and OtherConsolidated Totals
Net sales (revenues from external customers)$15,964 $13,478 $2,342 $— $31,784 
Intersegment Net sales53 1,189 — — 1,242 
16,017 14,667 2,342 — $33,026 
Elimination of intersegment Net sales(1,242)
Net sales$31,784 
Less:
Cost of sales(1)
13,904 13,137 1,746 — 
Distribution expenses(1)
1,263 1,003 — — 
Other(2)
408 353 590 70 
Adjusted EBITDA442 174 6 (70)$552 
Adjustments:
Net income attributable to noncontrolling interests3 
Net periodic benefit income, excluding service cost20 
Interest expense, net(146)
Other income, net3 
Depreciation and amortization(321)
Share-based compensation(43)
LIFO benefit2 
Restructuring, acquisition, and integration related expenses(94)
Loss on sale of assets and other asset charges(42)
Business transformation costs(47)
Cybersecurity incident(26)
Other adjustments(15)
Loss before income taxes
$(154)
Other Segment Disclosures:
Depreciation and amortization$103 $178 $36 $4 $321 
Payments for capital expenditures$164 $43 $20 $4 $231 
(1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.
(2)Other segment items for each reportable segment include:
•Natural and Conventional – other operating costs such as selling, general and administrative expenses and certain allocated corporate costs
•Retail – other operating costs such as store compensation and occupancy costs, selling and administrative expenses as well as an adjustment for Net income attributable to noncontrolling interests, which is excluded from Adjusted EBITDA

2024(1)
(in millions)NaturalConventionalRetailCorporate and OtherConsolidated Totals
Net sales (revenues from external customers)$14,869 $13,675 $2,436 $— $30,980 
Intersegment Net sales79 1,271 — — 1,350 
14,948 14,946 2,436 — $32,330 
Elimination of intersegment Net sales(1,350)
Net sales$30,980 
Less:
Cost of sales(2)
12,939 13,368 1,815 — 
Distribution expenses(2)
1,230 1,009 — — 
Other(3)
429 350 613 59 
Adjusted EBITDA350 219 8 (59)$518 
Adjustments:
Net income attributable to noncontrolling interests2 
Net periodic benefit income, excluding service cost15 
Interest expense, net(162)
Other income, net2 
Depreciation and amortization(319)
Share-based compensation(37)
LIFO charge(7)
Restructuring, acquisition, and integration related expenses(36)
Loss on sale of assets and other asset charges(57)
Business transformation costs(52)
Other adjustments(4)
Loss before income taxes
$(137)
Other Segment Disclosures:
Depreciation and amortization$101 $172 $35 $11 $319 
Payments for capital expenditures$171 $140 $24 $10 $345 
(1)Effective for the fourth quarter of fiscal 2025, the Company updated its segment reporting structure as described above. Prior periods have been recast to conform to the Company’s new reportable operating segments and current allocation methodology. There was no impact to the Company’s consolidated results.
(2)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.
(3)Other segment items for each reportable segment include:
•Natural and Conventional – other operating costs such as selling, general and administrative expenses and certain allocated corporate costs
•Retail – other operating costs such as store compensation and occupancy costs, selling and administrative expenses as well as an adjustment for Net income attributable to noncontrolling interests, which is excluded from Adjusted EBITDA
2023(1)
(in millions)NaturalConventionalRetailCorporate and OtherConsolidated Totals
Net sales (revenues from external customers)$14,094 $13,698 $2,480 $— $30,272 
Intersegment Net sales70 1,331 — — 1,401 
14,164 15,029 2,480 — $31,673 
Elimination of intersegment Net sales(1,401)
Net sales$30,272 
Less:
Cost of sales(2)
12,215 13,389 1,815 — 
Distribution expenses(2)
1,217 1,022 — — 
Other(3)
404 317 593 61 
Adjusted EBITDA328 301 72 (61)$640 
Adjustments:
Net income attributable to noncontrolling interests6 
Net periodic benefit income, excluding service cost29 
Interest expense, net(144)
Other income, net2 
Depreciation and amortization(304)
Share-based compensation(38)
LIFO charge(119)
Restructuring, acquisition, and integration related expenses(8)
Loss on sale of assets and other asset charges(30)
Multi-employer pension plan withdrawal (charges) benefit(1)
Other retail expense(1)
Business transformation costs(25)
Income before income taxes
$7 
Other Segment Disclosures:
Depreciation and amortization$96 $168 $36 $4 $304 
Payments for capital expenditures$110 $177 $34 $2 $323 
(1)Effective for the fourth quarter of fiscal 2025, the Company updated its segment reporting structure as described above. Prior periods have been recast to conform to the Company’s new reportable operating segments and current allocation methodology. There was no impact to the Company’s consolidated results.
(2)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.
(3)Other segment items for each reportable segment include:
•Natural and Conventional – other operating costs such as selling, general and administrative expenses and certain allocated corporate costs
•Retail – other operating costs such as store compensation and occupancy costs, selling and administrative expenses as well as an adjustment for Net income attributable to noncontrolling interests, which is excluded from Adjusted EBITDA