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DISCONTINUED OPERATIONS (Tables)
12 Months Ended
Jul. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
Operating results of discontinued operations are summarized below:
(in millions)20212020
2019(1)
(41 weeks)
Net sales$42 $184 $407 
Cost of sales28 131 290 
Gross profit14 53 117 
Operating expenses43 98 
Restructuring expenses and charges— 33 25 
Operating income (loss)(23)(6)
Other (income) expense, net— — — 
Income (loss) from discontinued operations before income taxes(23)(6)
Benefit for income taxes(1)(5)(3)
Income (loss) from discontinued operations, net of tax$$(18)$(3)
(1)    These results reflect retail operations from the Supervalu acquisition date of October 22, 2018 to August 3, 2019.
The following table summarizes the carrying amounts of major classes of assets and liabilities that were classified as held-for-sale on the Consolidated Balance Sheets:
(in millions)July 31, 2021August 1, 2020
Current assets
    Inventories, net$$
          Total current assets of discontinued operations
Long-term assets
    Property and equipment
    Other long-term assets
          Total long-term assets of discontinued operations
Total assets of discontinued operations$$
Current liabilities
    Accounts payable$$
    Accrued compensation and benefits
    Other current liabilities— 
          Total current liabilities of discontinued operations10 
Long-term liabilities
    Other long-term liabilities— 
Total liabilities of discontinued operations12 
Net liabilities of discontinued operations$— $(5)