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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Oct. 30, 2021
Jul. 31, 2021
ASSETS    
Cash and cash equivalents $ 46 $ 41
Accounts receivable, net 1,249 1,103
Inventories, net 2,537 2,247
Prepaid expenses and other current assets 187 157
Current assets of discontinued operations 0 2
Total current assets 4,019 3,550
Property and equipment, net 1,769 1,784
Operating lease assets 1,095 1,064
Goodwill 20 20
Intangible assets, net 873 891
Deferred income taxes 49 57
Other long-term assets 174 157
Long-term assets of discontinued operations 0 2
Total assets 7,999 7,525
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 1,896 1,644
Accrued expenses and other current liabilities 326 341
Accrued compensation and benefits 206 243
Current portion of operating lease liabilities 142 135
Current portion of long-term debt and finance lease liabilities 121 120
Current liabilities of discontinued operations 0 4
Total current liabilities 2,691 2,487
Long-term debt 2,376 2,175
Long-term operating lease liabilities 988 962
Long-term finance lease liabilities 32 35
Pension and other postretirement benefit obligations 51 53
Other long-term liabilities 274 299
Total liabilities 6,412 6,011
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; 58.7 shares issued and 58.1 shares outstanding at October 30, 2021; 57.0 shares issued and 56.4 shares outstanding at July 31, 2021 1 1
Additional paid-in capital 582 599
Treasury stock at cost (24) (24)
Accumulated other comprehensive loss (24) (39)
Retained earnings 1,054 978
Total United Natural Foods, Inc. stockholders’ equity 1,589 1,515
Noncontrolling interests (2) (1)
Total stockholders’ equity 1,587 1,514
Total liabilities and stockholders’ equity $ 7,999 $ 7,525