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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
9 Months Ended
Apr. 27, 2024
Apr. 29, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (loss) income including noncontrolling interests $ (73) $ 97
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 228 224
Share-based compensation 27 33
Gain on sale of assets (7) (9)
Long-lived asset impairment charges 28 0
Net pension and other postretirement benefit income (11) (22)
Deferred income tax expense 0 2
LIFO charge 19 83
Provision (recoveries) for losses on receivables 3 (2)
Non-cash interest expense and other adjustments 5 11
Changes in operating assets and liabilities (165) (15)
Net cash provided by operating activities 54 402
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for capital expenditures (217) (218)
Proceeds from dispositions of assets 14 14
Payments for investments (23) (7)
Net cash used in investing activities (226) (211)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from borrowings under revolving credit line 1,957 2,387
Proceeds from issuance of other loans 15 0
Repayments of borrowings under revolving credit line (1,743) (2,348)
Repayments of long-term debt and finance leases (41) (149)
Repurchases of common stock 0 (41)
Payments of employee restricted stock tax withholdings (6) (39)
Distributions to noncontrolling interests (4) (5)
Repayments of other loans (2) (2)
Other (2) 0
Net cash provided by (used in) financing activities 174 (197)
EFFECT OF EXCHANGE RATE ON CASH 0 0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 2 (6)
Cash and cash equivalents, at beginning of period 37 44
Cash and cash equivalents, at end of period 39 38
Supplemental disclosures of cash flow information:    
Cash paid for interest 118 114
Cash refunds for federal, state, and foreign income taxes, net (10) (4)
Leased assets obtained in exchange for new operating lease liabilities 317 198
Leased assets obtained in exchange for new finance lease liabilities 6 0
Additions of property and equipment included in Accounts payable $ 29 $ 42