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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Oct. 29, 2022
Jul. 30, 2022
ASSETS    
Cash and cash equivalents $ 39 $ 44
Accounts receivable, net 1,351 1,214
Inventories, net 2,756 2,355
Prepaid expenses and other current assets 214 184
Total current assets 4,360 3,797
Property and equipment, net 1,684 1,690
Operating lease assets 1,187 1,176
Goodwill 20 20
Intangible assets, net 801 819
Other long-term assets 147 126
Total assets 8,199 7,628
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 1,924 1,742
Accrued expenses and other current liabilities 258 260
Accrued compensation and benefits 199 232
Current portion of operating lease liabilities 157 156
Current portion of long-term debt and finance lease liabilities 27 27
Total current liabilities 2,565 2,417
Long-term debt 2,485 2,109
Long-term operating lease liabilities 1,078 1,067
Long-term finance lease liabilities 20 23
Pension and other postretirement benefit obligations 18 18
Deferred income taxes 17 8
Other long-term liabilities 181 194
Total liabilities 6,364 5,836
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 5.0 shares; none issued or outstanding 0 0
Common stock 1 1
Additional paid-in capital 583 608
Treasury stock at cost (36) (24)
Accumulated other comprehensive loss (5) (20)
Retained earnings 1,292 1,226
Total United Natural Foods, Inc. stockholders’ equity 1,835 1,791
Noncontrolling interests 0 1
Total stockholders’ equity 1,835 1,792
Total liabilities and stockholders’ equity $ 8,199 $ 7,628