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GOODWILL AND INTANGIBLE ASSETS, NET (Tables) | 9 Months Ended
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Apr. 27, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Carrying Value of Goodwill | Changes in the carrying value of Goodwill by reportable segment that have goodwill consisted of the following:
(in millions) | Wholesale |  | Other |  | Total
Goodwill as of July 29, 2023 | $ | 10 |  | (1) | $ | 10 |  | (2) | $ | 20 |
Change in foreign exchange rates | — |  |  | — |  |  | — |
Goodwill as of April 27, 2024 | $ | 10 |  | (1) | $ | 10 |  | (2) | $ | 20 |
(1)Wholesale amounts are net of accumulated goodwill impairment charges of $717 million as of July 29, 2023 and April 27, 2024. (2)Other amounts are net of accumulated goodwill impairment charges of $10 million as of July 29, 2023 and April 27, 2024.
Schedule of Identifiable Intangible Assets | Identifiable intangible assets, net consisted of the following:
| April 27, 2024 |  | July 29, 2023
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Amortizing intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 1,007 |  |  | $ | 397 |  |  | $ | 610 |  |  | $ | 1,007 |  |  | $ | 354 |  |  | $ | 653 |
Pharmacy prescription files | 33 |  |  | 26 |  |  | 7 |  |  | 33 |  |  | 22 |  |  | 11 |
Operating lease intangibles | 6 |  |  | 5 |  |  | 1 |  |  | 6 |  |  | 5 |  |  | 1 |
Trademarks and tradenames | 88 |  |  | 63 |  |  | 25 |  |  | 89 |  |  | 57 |  |  | 32 |
Total amortizing intangible assets | 1,134 |  |  | 491 |  |  | 643 |  |  | 1,135 |  |  | 438 |  |  | 697 |
Indefinite lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Trademarks and tradenames | 25 |  |  | — |  |  | 25 |  |  | 25 |  |  | — |  |  | 25 |
Intangibles assets, net | $ | 1,159 |  |  | $ | 491 |  |  | $ | 668 |  |  | $ | 1,160 |  |  | $ | 438 |  |  | $ | 722 |
Schedule of Estimated Future Amortization Expense | The estimated future amortization expense for each of the next five fiscal years and thereafter on amortizing intangible assets existing as of April 27, 2024 is as shown below:
Fiscal Year: | (in millions)
Remaining fiscal 2024 | $ | 20 |
2025 | 71 |
2026 | 67 |
2027 | 64 |
2028 | 61 |
Thereafter | 360 |
| $ | 643 |

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