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Segment Information (Tables)

9 Months Ended

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

X

- 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.

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