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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 31, 2021
Aug. 01, 2020
ASSETS    
Cash and cash equivalents $ 41 $ 47
Accounts receivable, net 1,103 1,120
Inventories, net 2,247 2,282
Prepaid expenses and other current assets 157 253
Current assets of discontinued operations 2 3
Total current assets 3,550 3,705
Property and equipment, net 1,784 1,701
Operating lease assets 1,064 983
Goodwill 20 20
Intangible assets, net 891 970
Deferred income taxes 57 108
Other long-term assets 157 96
Long-term assets of discontinued operations 2 4
Total assets 7,525 7,587
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 1,644 1,634
Accrued expenses and other current liabilities 341 283
Accrued compensation and benefits 243 229
Current portion of operating lease liabilities 135 131
Current portion of long-term debt and finance lease liabilities 120 83
Current liabilities of discontinued operations 4 10
Total current liabilities 2,487 2,370
Long-term debt 2,175 2,427
Long-term operating lease liabilities 962 874
Long-term finance lease liabilities 35 143
Pension and other postretirement benefit obligations 53 292
Other long-term liabilities 299 337
Long-term liabilities of discontinued operations 0 2
Total liabilities 6,011 6,445
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 5.0 shares; none issued or outstanding 0 0
Common stock, $0.01 par value, authorized 100.0 shares; 57.0 shares issued and 56.4 shares outstanding at July 31, 2021; 55.3 shares issued and 54.7 shares outstanding at August 1, 2020 1 1
Additional paid-in capital 599 569
Treasury stock at cost (24) (24)
Accumulated other comprehensive loss (39) (239)
Retained earnings 978 838
Total United Natural Foods, Inc. stockholders’ equity 1,515 1,145
Noncontrolling interests (1) (3)
Total stockholders’ equity 1,514 1,142
Total liabilities and stockholders’ equity $ 7,525 $ 7,587