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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Aug. 03, 2024
Jul. 29, 2023
Jul. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net (loss) income including noncontrolling interests $ (110) $ 30 $ 254
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 319 304 285
Share-based compensation 39 38 44
Gain on sale of assets (7) (9) (87)
Long-lived asset impairment charges 43 25 0
Closed property and other restructuring charges 0 0 2
Net pension and other postretirement benefit income (15) (29) (40)
Deferred income tax (benefit) expense (49) (36) 55
LIFO charge 7 119 158
Provision (recoveries) for losses on receivables 3 (1) 2
Non-cash interest expense and other adjustments 18 13 24
Changes in operating assets and liabilities, net of acquired businesses      
Accounts and notes receivable (68) 327 (108)
Inventories 104 (57) (264)
Prepaid expenses and other assets (157) (108) (155)
Accounts payable (81) 53 86
Accrued expenses and other liabilities 207 (45) 75
Net cash provided by operating activities 253 624 331
CASH FLOWS FROM INVESTING ACTIVITIES:      
Payments for capital expenditures (345) (323) (251)
Proceeds from dispositions of assets 25 16 230
Payments for investments (22) (32) (28)
Net cash used in investing activities (342) (339) (49)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from borrowings under revolving credit line 2,571 2,976 4,425
Proceeds from issuance of other loans 15 0 0
Repayments of borrowings under revolving credit line (2,270) (3,004) (4,287)
Repayments of long-term debt and finance leases (191) (154) (376)
Repurchases of common stock 0 (62) 0
Proceeds from the issuance of common stock and exercise of stock options 0 0 8
Payments of employee restricted stock tax withholdings (7) (40) (41)
Payments for debt issuance costs (18) 0 (6)
Distributions to noncontrolling interests (4) (6) (4)
Repayments of other loans (2) (2) 0
Other (2) 0 2
Net cash provided by (used in) financing activities 92 (292) (279)
EFFECT OF EXCHANGE RATE ON CASH 0 0 0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 3 (7) 3
Cash and cash equivalents, at beginning of period 37 44 41
Cash and cash equivalents, at end of period 40 37 44
Supplemental disclosures of cash flow information:      
Cash paid for interest 159 133 134
Cash (refunds) payments for federal, state and foreign income taxes, net (14) (5) 5
Additions of property and equipment included in Accounts payable $ 21 $ 32 $ 45