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v3.23.1

Segment Information (Tables) | 9 Months Ended
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Apr. 30, 2023
Segment Reporting [Abstract] |
Schedule Of Segment Reporting [Table Text Block] |
|  | Three Months Ended |  | Nine Months Ended
(Millions) |  | April 30, 2023 |  | May 1, 2022 |  | April 30, 2023 |  | May 1, 2022
Net sales |  |  |  |  |  |  |  |
Meals & Beverages |  | $ | 1,108 |  |  | $ | 1,131 |  |  | $ | 3,971 |  |  | $ | 3,672 |
Snacks |  | 1,121 |  |  | 999 |  |  | 3,318 |  |  | 2,903 |
Total |  | $ | 2,229 |  |  | $ | 2,130 |  |  | $ | 7,289 |  |  | $ | 6,575 |
|  | Three Months Ended |  | Nine Months Ended
(Millions) |  | April 30, 2023 |  | May 1, 2022 |  | April 30, 2023 |  | May 1, 2022
Earnings before interest and taxes |  |  |  |  |  |  |  |
Meals & Beverages |  | $ | 182 |  |  | $ | 220 |  |  | $ | 762 |  |  | $ | 713 |
Snacks |  | 179 |  |  | 127 |  |  | 482 |  |  | 376 |
Corporate income (expense)(1) |  | (101) |  |  | (53) |  |  | (189) |  |  | (96) |
Restructuring charges(2) |  | (6) |  |  | — |  |  | (15) |  |  | — |
Total |  | $ | 254 |  |  | $ | 294 |  |  | $ | 1,040 |  |  | $ | 993 |
_______________________________________ (1)Represents unallocated items. There were pension actuarial losses of $17 million and $26 million in the three- and nine-month periods ended April 30, 2023, and pension actuarial losses of $16 million and $12 million in the three- and nine-month periods ended May 1, 2022, respectively. Costs related to the cost savings initiatives were $27 million and $35 million in the three- and nine-month periods ended April 30, 2023, and $6 million and $15 million in the three- and nine-month periods ended May 1, 2022, respectively. Unrealized mark-to-market adjustments on outstanding undesignated commodity hedges were losses of $9 million in the three- and nine-month periods ended April 30, 2023, and losses of $5 million and $8 million in the three- and nine-month periods ended May 1, 2022, respectively. (2)See Note 6 for additional information.
Additional Product Information for Net Sales [Table Text Block] | Our net sales based on product categories are as follows:
|  | Three Months Ended |  | Nine Months Ended
(Millions) |  | April 30, 2023 |  | May 1, 2022 |  | April 30, 2023 |  | May 1, 2022
Net sales |  |  |  |  |  |  |  |
Soup |  | $ | 571 |  |  | $ | 606 |  |  | $ | 2,316 |  |  | $ | 2,187 |
Snacks |  | 1,169 |  |  | 1,039 |  |  | 3,463 |  |  | 3,008 |
Other simple meals |  | 291 |  |  | 287 |  |  | 927 |  |  | 821 |
Beverages |  | 198 |  |  | 198 |  |  | 583 |  |  | 559 |
Total |  | $ | 2,229 |  |  | $ | 2,130 |  |  | $ | 7,289 |  |  | $ | 6,575 |

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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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