v3.25.4
Segment Reporting (Details)
$ in Millions
 3 Months Ended 6 Months Ended
Feb. 01, 2026
USD ($)
Jan. 26, 2025
USD ($)
Feb. 01, 2026
USD ($)
segment
Jan. 26, 2025
USD ($)
Segment Reporting [Abstract]        
Number of Reportable Segments | segment     2  
Segment Reporting Information [Line Items]        
Net sales $ 2,564 $ 2,685 $ 5,241 $ 5,457
Cost of products sold 1,847 1,866 3,732 3,771
Segment operating earnings 319 405 739 884
Other General Expense [1] 43 73 124 179
Restructuring charges [2] 3 5 6 11
Earnings before interest and taxes 273 327 609 694
Interest expense 82 88 163 175
Interest income 2 8 3 12
Earnings before taxes 193 247 449 531
Costs Associated with Acquisition [3] 0 0 (2) 0
Accelerated Amortization of Intangible Assets   (7)   (14)
Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill) 0 (26) [4] 0 (26) [4]
Gain (Loss) on Disposition of Business [5] $ 0 $ 0 $ 0 $ (25)
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill), Statement of Income or Comprehensive Income [Extensible Enumeration] Other Nonoperating Income (Expense) Other Nonoperating Income (Expense) Other Nonoperating Income (Expense) Other Nonoperating Income (Expense)
Other Postretirement Benefit Plan, Defined Benefit [Member]        
Segment Reporting Information [Line Items]        
Defined Benefit Plan, Actuarial Gain (Loss) $ 0 $ 0 $ 0 $ (2)
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Immediate Recognition of Actuarial Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Other Nonoperating Income (Expense) Other Nonoperating Income (Expense) Other Nonoperating Income (Expense) Other Nonoperating Income (Expense)
Meals & Beverages [Member]        
Segment Reporting Information [Line Items]        
Net sales $ 1,650 $ 1,711 $ 3,315 $ 3,450
Cost of products sold 1,168 1,168 2,321 2,343
Segment Reporting, Other Segment Item, Amount [6] 230 247 445 468
Segment operating earnings 252 296 549 639
Snacks [Member]        
Segment Reporting Information [Line Items]        
Net sales 914 974 1,926 2,007
Cost of products sold 686 704 1,407 1,429
Segment Reporting, Other Segment Item, Amount [6] 161 161 329 333
Segment operating earnings 67 109 190 245
Corporate Segment and Other Operating Segment [Member]        
Segment Reporting Information [Line Items]        
Other Restructuring Costs (21) (20) (52) (49)
Unrealized Gain (Loss) on Commodity Contracts 16 14 14 18
Plum and Certain Other Litigation Expenses $ (1) (1) (11) (2)
Costs Associated with Acquisition     (2)  
Cybersecurity Incident Recoveries (Costs)     $ 1 1
Accelerated Amortization of Intangible Assets   (7)   (14)
Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill)   $ (26)   (26)
Gain (Loss) on Disposition of Business       $ (25)
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill), Statement of Income or Comprehensive Income [Extensible Enumeration]   Other Nonoperating Income (Expense)   Other Nonoperating Income (Expense)
Corporate Segment and Other Operating Segment [Member] | Other Postretirement Benefit Plan, Defined Benefit [Member]        
Segment Reporting Information [Line Items]        
Defined Benefit Plan, Actuarial Gain (Loss)       $ (2)
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Immediate Recognition of Actuarial Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]       Other Nonoperating Income (Expense)
[1] Represents unallocated items. Costs related to cost savings and optimization initiatives were $21 million and $52 million in the three- and six-month periods ended February 1, 2026, and $20 million and $49 million in the three- and six-month periods ended January 26, 2025, respectively. Unrealized mark-to-market adjustments on outstanding undesignated commodity hedges were gains of $16 million and $14 million in the three- and six-month periods ended February 1, 2026, and gains of $14 million and $18 million in the three- and six-month periods ended January 26, 2025, 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 $1 million and $11 million in the three- and six-month periods ended February 1, 2026, and $1 million and $2 million in the three- and six-month periods ended January 26, 2025, respectively. Costs associated with a pending acquisition were $2 million in the six-month period ended February 1, 2026. Insurance recoveries of $1 million related to a cybersecurity incident were included in the six-month periods ended February 1, 2026 and January 26, 2025, respectively. Accelerated amortization expense related to customer relationship intangible assets was $7 million and $14 million in the three- and six-month periods ended January 26, 2025, respectively. Intangible asset impairment charges were $26 million in the three- and six-month periods ended January 26, 2025. A loss on the sale of our Pop Secret popcorn business of $25 million was included in the six-month period ended January 26, 2025. A postretirement actuarial loss of $2 million was included in the six-month period ended January 26, 2025.
[2] See Note 8 for additional information.
[3] See Note 3 for additional information.
[4] In the second quarter of 2025, we recognized an impairment charge of $15 million on our Allied brands trademarks and an impairment charge of $11 million on our Late July trademark.
[5] See Note 4 for additional information.
[6] Other segment items for each of the reportable segments include marketing and selling expenses, administrative expenses, research and development expenses and expense for amortization of intangible assets.