v3.26.1
SHARE-BASED AWARDS (Tables)
12 Months Ended
Aug. 01, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation Expenses and Related Tax Impacts
The following table presents information regarding share-based compensation expenses and the related tax impacts:
(in millions)202620252024
Restricted share unit awards(1)
$41 $33 $33 
Performance-based share awards20 10 
Share-based compensation expense recorded in Operating expenses61 43 37 
Income tax benefit(17)(12)(10)
Share-based compensation expense, net of tax$44 $31 $27 
Share-based compensation expense recorded in Restructuring, acquisition and integration related expenses$— $— $
Income tax benefit— — (1)
Share-based compensation expense recorded in Restructuring, acquisition and integration related expenses, net of tax$— $— $
(1)Includes liability-classified awards of $14 million and equity-classified awards of $27 million for fiscal 2026, and liability-classified awards of $6 million and equity-classified awards of $27 million for fiscal 2025. Amounts recorded in fiscal 2024 are derived entirely from equity-classified awards.
Schedule of Restricted Stock Units and Performance Share Units Activity
The following summary presents information regarding RSUs and PSUs:
Equity-ClassifiedLiability-Classified
Number
of Shares
(in millions)
Weighted Average
Grant-Date
Fair Value
Number
of Shares
(in millions)
Weighted Average
Grant-Date
Fair Value
Outstanding at July 29, 20233.2 $32.11 — $— 
Granted3.7 15.99 — — 
Vested(1.5)14.56 — — 
Forfeited/Canceled(0.8)10.42 — 
Outstanding at August 3, 20244.6 22.66 — — 
Granted1.2 26.26 0.9 26.18 
Vested(1.6)23.70 — 26.59 
Forfeited/Canceled(0.5)20.02 (0.1)27.32 
Outstanding at August 2, 20253.7 21.83 0.8 27.01 
Granted1.8 33.43 — 40.04 
Vested(1.4)30.44 (0.3)34.36 
Forfeited/Canceled(0.3)39.69 (0.1)37.59 
Outstanding at August 1, 20263.8 $26.26 0.4 $45.30 

(in millions)202620252024
Intrinsic value of restricted share units vested$59 $37 $22