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DISCONTINUED OPERATIONS (Tables)
12 Months Ended
Jul. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
Operating results of discontinued operations are summarized below:
(in millions)20212020
Net sales$42 $184 
Cost of sales28 131 
Gross profit14 53 
Operating expenses43 
Restructuring expenses and charges— 33 
Income (loss) from discontinued operations before income taxes(23)
Benefit for income taxes(1)(5)
Income (loss) from discontinued operations, net of tax$$(18)
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, 2021
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
          Total current liabilities of discontinued operations
Total liabilities of discontinued operations$
Net liabilities of discontinued operations$—