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COMPREHENSIVE (LOSS) INCOME AND ACCUMULATED OTHER COMPREHENSIVE LOSS
 12 Months Ended
Aug. 03, 2024
Equity [Abstract]  
COMPREHENSIVE (LOSS) INCOME AND ACCUMULATED OTHER COMPREHENSIVE LOSS
NOTE 10—COMPREHENSIVE (LOSS) INCOME AND ACCUMULATED OTHER COMPREHENSIVE LOSS

Changes in Accumulated other comprehensive loss by component, net of tax, for fiscal 2024, 2023 and 2022 are as follows:
(in millions)Other Cash Flow DerivativesBenefit PlansForeign CurrencySwap AgreementsTotal
Accumulated other comprehensive income (loss) at July 31, 2021$— $37 $(16)$(60)$(39)
Other comprehensive (loss) income before reclassifications— (42)(3)34 (11)
Amortization of amounts included in net periodic benefit income— 2 — — 2 
Amortization of cash flow hedges2 — — 26 28 
Net current period Other comprehensive income (loss)2 (40)(3)60 19 
Accumulated other comprehensive income (loss) at July 30, 2022$2 $(3)$(19)$— $(20)
Other comprehensive (loss) income before reclassifications— (20)(2)23 1 
Amortization of amounts included in net periodic benefit income— 2 — — 2 
Amortization of cash flow hedges(2)— — (9)(11)
Net current period Other comprehensive (loss) income(2)(18)(2)14 (8)
Accumulated other comprehensive (loss) income at July 29, 2023$— $(21)$(21)$14 $(28)
Other comprehensive (loss) income before reclassifications(2)(3)(3)(1)(9)
Amortization of amounts included in net periodic benefit income— 2 — — 2 
Amortization of cash flow hedges2 — — (14)(12)
Net current period Other comprehensive (loss) income— (1)(3)(15)(19)
Accumulated other comprehensive loss at August 3, 2024$— $(22)$(24)$(1)$(47)

Items reclassified out of Accumulated other comprehensive (loss) income had the following impact on the Consolidated Statements of Operations:
(in millions)202420232022
Affected Line Item on the Consolidated Statements of Operations
Pension and postretirement benefit plan obligations:
Amortization of amounts included in net periodic benefit cost (income)(1)
$2 $3 $4 Net periodic benefit income, excluding service cost
Income tax benefit— (1)(2)(Benefit) provision for income taxes
Total reclassifications, net of tax$2 $2 $2 
Swap agreements:
Reclassification of cash flow hedge$(19)$(12)$36 Interest expense, net
Income tax expense (benefit)5 3 (10)(Benefit) provision for income taxes
Total reclassifications, net of tax$(14)$(9)$26 
Other cash flow hedges:
Reclassification of cash flow hedge$2 $(3)$2 Cost of sales
Income tax expense— 1 — (Benefit) provision for income taxes
Total reclassifications, net of tax$2 $(2)$2 
(1)Reclassification of amounts included in net periodic benefit income include reclassification of prior service cost and reclassification of net actuarial (gain) loss as reflected in Note 13—Benefit Plans.

As of August 3, 2024, the Company expects to reclassify $6 million related to unrealized derivative gains out of Accumulated other comprehensive loss and primarily into Interest expense, net during the following twelve-month period.