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Stock-based Compensation (Tables)

9 Months Ended

Apr. 30, 2023

Stock-based Compensation

Summary of Stock-based Compensation Expense [Table Text Block]

Total pre-tax stock-based compensation expense and tax-related benefits recognized in the Consolidated Statements of Earnings were as follows:

			Three Months Ended												Nine Months Ended
(Millions)			April 30, 2023						May 1, 2022						April 30, 2023						May 1, 2022
Total pre-tax stock-based compensation expense			$	17					$	15					$	48					$	46
Tax-related benefits			$	3					$	3					$	9					$	8

Share-based Payment Arrangement, Option [Member]

Stock-based Compensation

Schedule Of Stock Option Activity [Table Text Block]

The following table summarizes stock option activity as of April 30, 2023:

			Options						Weighted- Average Exercise Price						Weighted- Average Remaining Contractual Life						Aggregate Intrinsic Value
			(Options in thousands)												(In years)						(Millions)
Outstanding at July 31, 2022			1,297						$	46.04
Granted			—						$	—
Exercised			(464)						$	48.33
Terminated			—						$	—
Outstanding at April 30, 2023			833						$	44.77					4.5						$	8
Exercisable at April 30, 2023			833						$	44.77					4.5						$	8

Time Lapse, and EPS Performance Restricted Stock Units [Member]

Stock-based Compensation

Time-Lapse Restricted Stock Units, and EPS Performance Restricted Stock Units [Table Text Block]

The following table summarizes time-lapse restricted stock units and EPS performance restricted stock units as of April 30, 2023:

			Units						Weighted-Average Grant-Date Fair Value
			(Restricted stock units in thousands)
Nonvested at July 31, 2022			1,946						$	43.88
Granted			1,198						$	47.55
Vested			(763)						$	45.22
Forfeited			(111)						$	44.91
Nonvested at April 30, 2023			2,270						$	45.31

TSR Performance Restricted Stock/Units [Member]

Stock-based Compensation

TSR Performance Restricted Stock Units [Table Text Block]

The following table summarizes TSR performance restricted stock units as of April 30, 2023:

			Units						Weighted-Average Grant-Date Fair Value
			(Restricted stock units in thousands)
Nonvested at July 31, 2022			1,153						$	55.63
Granted			296						$	53.74
Vested			(443)						$	63.06
Forfeited			(54)						$	51.69
Nonvested at April 30, 2023			952						$	51.81

Schedule Of Share Based Payment Award Valuation Assumptions [Table Text Block]

Weighted-average assumptions used in the Monte Carlo simulation were as follows:

			2023						2022
Risk-free interest rate			4.29%						0.46%
Expected dividend yield			3.09%						3.50%
Expected volatility			26.40%						27.42%
Expected term			3 years						3 years

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