v3.26.1
DERIVATIVES (Tables)
 12 Months Ended
Aug. 01, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Active Swap Contracts
Details of active swap contracts as of August 1, 2026, 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
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
December 22, 2025December 29, 2028100 3.3330 %One-Month Term SOFRMonthly
July 31, 2026October 31, 2029$100 3.9915 %One-Month Term SOFRMonthly
July 31, 2026December 31, 2027$100 4.0252 %One-Month Term SOFRMonthly
$850 
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)202620252024
Total amounts of expense line items presented in the Consolidated Statements of Operations in which the effects of cash flow hedges are recorded
$126 $146 $162 
Gain on cash flow hedging relationships:
Gain reclassified from comprehensive income (loss) into earnings
$1 $9 $19