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INCOME TAXES - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Aug. 03, 2024
Jul. 29, 2023
Deferred tax assets:    
Compensation and benefits related $ 35 $ 29
Accounts receivable, principally due to allowances for uncollectible accounts 4 4
Accrued expenses 27 27
Capitalized research and development 49 25
Net operating loss carryforwards 13 10
Other tax carryforwards (interest, charitable contributions) 59 32
Foreign tax credits 1 1
Intangible assets 45 50
Lease liabilities 381 333
Other deferred tax assets 1 6
Total gross deferred tax assets 615 517
Less valuation allowance (9) (7)
Net deferred tax assets 606 510
Deferred tax liabilities:    
Plant and equipment, principally due to differences in depreciation 133 141
Inventories 25 15
Lease right of use assets 361 317
Interest rate swap agreements 0 5
Total deferred tax liabilities 519 478
Net deferred tax assets $ 87 $ 32