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COMPREHENSIVE INCOME (LOSS) AND ACCUMULATED OTHER COMPREHENSIVE LOSS
 12 Months Ended
Aug. 01, 2026
Equity [Abstract]  
COMPREHENSIVE INCOME (LOSS) AND ACCUMULATED OTHER COMPREHENSIVE LOSS
NOTE 10—COMPREHENSIVE INCOME (LOSS) AND ACCUMULATED OTHER COMPREHENSIVE LOSS

Changes in Accumulated other comprehensive loss by component, net of tax, for fiscal 2026, 2025 and 2024 are as follows:
(in millions)Other Cash Flow DerivativesBenefit PlansForeign CurrencySwap AgreementsTotal
Accumulated other comprehensive (loss) income at July 29, 2023$— $(21)$(21)$14 $(28)
Other comprehensive (loss) income before reclassifications(2)(3)(3)(1)(9)
Amortization of amounts included in net periodic benefit income— 2 — — 2 
Amortization of cash flow hedges2 — — (14)(12)
Net current period Other comprehensive (loss) income — (1)(3)(15)(19)
Accumulated other comprehensive loss at August 3, 2024$— $(22)$(24)$(1)$(47)
Other comprehensive (loss) income before reclassifications(1)5 1 4 9 
Amortization of amounts included in net periodic benefit income— 1 — — 1 
Amortization of cash flow hedges1 — — (6)(5)
Net current period Other comprehensive income (loss)— 6 1 (2)5 
Accumulated other comprehensive loss at August 2, 2025$— $(16)$(23)$(3)$(42)
Other comprehensive income (loss) before reclassifications5 (1)(1)5 8 
Amortization of amounts included in net periodic benefit income— (1)— — (1)
Amortization of cash flow hedges(2)— — (1)(3)
Net current period Other comprehensive income (loss)3 (2)(1)4 4 
Accumulated other comprehensive income (loss) at August 1, 2026$3 $(18)$(24)$1 $(38)
Items reclassified out of Accumulated other comprehensive loss had the following impact on the Consolidated Statements of Operations:
(in millions)202620252024
Affected Line Item on the Consolidated Statements of Operations
Pension and postretirement benefit plan obligations:
Amortization of amounts included in net periodic benefit (income) cost(1)
$(1)$1 $2 Net periodic benefit income, excluding service cost
Income tax benefit— — — Provision (benefit) for income taxes
Total reclassifications, net of tax$(1)$1 $2 
Swap agreements:
Reclassification of cash flow hedge$(1)$(9)$(19)Interest expense, net
Income tax expense— 3 5 Provision (benefit) for income taxes
Total reclassifications, net of tax$(1)$(6)$(14)
Other cash flow hedges:
Reclassification of cash flow hedge$(3)$2 $2 Cost of sales
Income tax expense (benefit)1 (1)— Provision (benefit) for income taxes
Total reclassifications, net of tax$(2)$1 $2 
(1)Reclassification of amounts included in net periodic benefit (income) cost include reclassification of net actuarial gain and reclassification of prior service cost as reflected in Note 13—Benefit Plans.

As of August 1, 2026, the Company expects to reclassify $6 million related to unrealized derivative gains out of Accumulated other comprehensive loss and primarily into Interest expense, net during the following twelve-month period.