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COMPREHENSIVE LOSS AND ACCUMULATED OTHER COMPREHENSIVE LOSS
 3 Months Ended
Nov. 02, 2024
Equity [Abstract]  
COMPREHENSIVE LOSS AND ACCUMULATED OTHER COMPREHENSIVE LOSS
NOTE 9—COMPREHENSIVE LOSS AND ACCUMULATED OTHER COMPREHENSIVE LOSS

Changes in Accumulated other comprehensive loss by component, net of tax, for the first quarter of fiscal 2025 were as follows:
(in millions)Other Cash Flow DerivativesBenefit PlansForeign Currency TranslationSwap AgreementsTotal
Accumulated other comprehensive loss at August 3, 2024$— $(22)$(24)$(1)$(47)
Other comprehensive income before reclassifications1 — — 5 6 
Amortization of cash flow hedges(1)— — (3)(4)
Net current period Other comprehensive income— — — 2 2 
Accumulated other comprehensive (loss) income at November 2, 2024$— $(22)$(24)$1 $(45)
Changes in Accumulated other comprehensive loss by component, net of tax, for the first quarter of fiscal 2024 were as follows:
(in millions)Other Cash Flow DerivativesBenefit PlansForeign Currency TranslationSwap AgreementsTotal
Accumulated other comprehensive (loss) income at July 29, 2023$— $(21)$(21)$14 $(28)
Other comprehensive income (loss) before reclassifications1 — (3)1 (1)
Amortization of cash flow hedges— — — (4)(4)
Net current period Other comprehensive income (loss)1 — (3)(3)(5)
Accumulated other comprehensive income (loss) at October 28, 2023$1 $(21)$(24)$11 $(33)

Items reclassified out of Accumulated other comprehensive loss had the following impact on the Condensed Consolidated Statements of Operations:
13-Week Period EndedAffected Line Item on the Condensed Consolidated Statements of Operations
(in millions)November 2,
2024		October 28,
2023
Swap agreements:
Reclassification of cash flow hedges$(4)$(5)Interest expense, net
Income tax expense1 1 Benefit for income taxes
Total reclassifications, net of tax$(3)$(4)
Other cash flow hedges:
Reclassification of cash flow hedge$(1)$— Cost of sales
Income tax expense — — Benefit for income taxes
Total reclassifications, net of tax$(1)$— 

As of November 2, 2024, the Company expects to reclassify $5 million related to unrealized derivative gains out of Accumulated other comprehensive loss and primarily into Interest expense, net during the following twelve-month period.