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BUSINESS SEGMENTS
 6 Months Ended
Jan. 27, 2024
Segment Reporting [Abstract]  
BUSINESS SEGMENTS
NOTE 14—BUSINESS SEGMENTS

The Company has two reportable segments: Wholesale and Retail. These reportable segments are two distinct businesses, each with a different customer base, marketing strategy and management structure. The Company organizes and operates the Wholesale reportable segment through three U.S geographic regions: East, Central and West, and Canada Wholesale, which is operated separately from the U.S. Wholesale business. The U.S. Wholesale and Canada Wholesale operating segments have similar products and services, customer channels, distribution methods and economic characteristics, and therefore have been aggregated into a single reportable segment. Reportable segments are reviewed on an annual basis, or more frequently if events or circumstances indicate a change in reportable segments has occurred.
The following table provides information by reportable segment, including Net sales, Adjusted EBITDA, with a reconciliation to (Loss) income before income taxes, depreciation and amortization, and payments for capital expenditures:
13-Week Period Ended26-Week Period Ended
 (in millions)January 27, 2024January 28, 2023January 27, 2024January 28, 2023
Net sales:
Wholesale(1)
$7,487 $7,514 $14,768 $14,773 
Retail631 660 1,237 1,273 
Other52 56 112 116 
Eliminations(395)(414)(790)(814)
Total Net sales$7,775 $7,816 $15,327 $15,348 
Adjusted EBITDA:
Wholesale$118 $137 $235 $308 
Retail8 28 7 48 
Other4 15 7 34 
Eliminations(2)1 (4)(2)
Adjustments:
Net income attributable to noncontrolling interests1 3 1 4 
Net periodic benefit income, excluding service cost4 7 7 14 
Interest expense, net(40)(39)(75)(74)
Other income, net1 — 1 1 
Depreciation and amortization(74)(73)(152)(147)
Share-based compensation(10)(11)(16)(23)
LIFO charge(6)(29)(13)(50)
Restructuring, acquisition and integration related expenses(4)(3)(8)(5)
(Loss) gain on sale of assets and other asset charges(5)(1)(24)4 
Business transformation costs
(14)(4)(29)(9)
Other adjustments— — (4)— 
(Loss) income before income taxes
$(19)$31 $(67)$103 
Depreciation and amortization:
Wholesale$66 $62 $133 $126 
Retail8 10 16 18 
Other— 1 3 3 
Total depreciation and amortization$74 $73 $152 $147 
Payments for capital expenditures:
Wholesale$64 $74 $135 $131 
Retail3 10 6 20 
Total capital expenditures$67 $84 $141 $151 
(1)As presented in Note 3—Revenue Recognition, the Company recorded $330 million and $353 million for the second quarters of fiscal 2024 and 2023, respectively, and $651 million and $687 million in fiscal 2024 and 2023 year-to-date, respectively, within Net sales in its Wholesale reportable segment attributable to Wholesale to Retail sales that have been eliminated upon consolidation.
Total assets by reportable segment were as follows:
(in millions)January 27, 2024July 29, 2023
Assets:
Wholesale$6,718 $6,405 
Retail630 648 
Other372 377 
Eliminations(49)(36)
Total assets$7,671 $7,394